Surgical Robots Market

The Global Surgical Robots Market was valued at USD 4,061.9 million in 2017, and is projected to reach USD 8,987.3 million by 2025, growing at a CAGR of 10.5 % during 2018-2025.

Global Surgical Robots Market Revenue, 2018–2025 (USD Million)

Source: GMI Research

The key factors boosting growth of the market are high prevalence of General Surgery worldwide, rise in transition to minimally invasive surgical procedure to adoption from conventional surgeries, development of innovative approaches to treat various type of diseases, including minimal invasive robotic devices, have contributed to the market growth. Moreover, accurate surgical procedures, precise measured movements, provides dexterity, fast post-surgical recovery, limited incisions and others are likely to accelerate the growth of global Surgical Robots market during the forecasted period.

Based on Application type, General Surgery is anticipated to lead the market during 2018-2025
General Surgery segment is expected to hold maximum share in the market during the forecast period. However, the highest growth rate is predicted to be exhibited by “others” segment during the forecast period due the growing adoptions of robots in other application as well. Additionally, development of medical devices to treat various type of diseases, including increase in adoption robotic devices, are likely to drive the growth of Surgical Robots Market in the forecasted period.

Based on Component type, Accessories and Instruments segment is anticipated to lead the market during 2018-2025
Accessories and Instruments segment is expected to hold maximum share in the market during the forecast period due to increasing demand of accessories as new upgraded attachments are being manufactured, and new developments are being made to robotics. Services segment is predicted to exhibit a high growth rate during the forecast period due to increase in quality checks per usage cycle.

Based on Geography, North America segment is anticipated to lead the market during 2018-2025
North America segment is expected to hold maximum share in the market during the forecast period due to the awareness among the population regarding the Surgical Robots and its benefits over the traditional surgical methods. However, the highest growth rate is predicted to be exhibited by ROW segment during the forecast period due more room for penetration and the increasing rate of adoption of Surgical Robots.

The companies are focusing on advanced healthcare services and carrying out innovation in launches for keeping their leadership in global Surgical Robots market.

Global Surgical Robots Market Revenue, by Region, 2017

Source: GMI Research

Various notable players operating in Global Surgical Robots Market include Mazor Robotics, TransEnterix, ACCURAY, MEDTECH SAS, Smith & Nephew, Renishaw, Corindus Vascular Robotics, among others.

The global Surgical Robots market has been segmented on the basis of Component, Application, and Geographical Segmentation. Based on Component type, the market comprises of Accessories and Instruments, Robotic Systems, and Services. The Application type includes Gynaecology, General Surgery, Urology, and others.

The research report “Global Surgical Robots Market” provides in-depth analysis of the Surgical Robots market, globally, based on application type, connectivity type, component and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for Surgical Robots Market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:

1. At what pace is the Surgical Robots Market growing worldwide? What will be the growth trend in future?

2. What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the coming years?

3  What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in global Surgical Robots market?

4. What are the various application areas and how they are poised to grow?