Worldwide Surgical Robots Market Is Expected To Grow At a CAGR Of +10% By 2025 | Top Leading Players: Intuitive Surgical, Stryker, Mazor Robotics, Smith & Nephew, Renishaw, Medrobotics, Transenterix, Think Surgical

Global surgical robots market is majorly driven by increasing funding for surgical robot researchers. According to the American Society of Colon and Rectal Surgeons (ASCRS) in 2018, the research foundation of the ASCRS has raised funds to support research an educational program related to rectal and colon diseases. Also, the Research Foundation has awarded over 120 grants around $4 million to colorectal researchers to investigate and develop a broad spectrum of colorectal diseases and develop novel robot surgical techniques for colorectal surgery patients. Through this funding, research in Robotic Surgical Technology Grant offers an opportunity to track research interest, specifically in robotic surgical technology in the field of rectal and colon surgery. As a result, the demand & adoption of surgical robots would increase thereby, aiding the growth of the market over the forecast period of 2018-2025. However, the high cost associated with surgical robotic procedures and an increase in injuries are major factors that impede the growth of the surgical robots market over the forecast period.

All Market Insights published a new ‘ Surgical Robots Market 2019’ Report. The Surgical Robots market will record a healthy CAGR of 10.4% in terms of revenue & expected to reach many million by 2025. The report covers regions like Asia-Pacific, North America, Europe, South America, and Middle East & Africa. North America has occupied a major share in the global Surgical Robots market. Various significant reasons for the dominance of North America are increasing adoption of surgical robots, development of advanced surgical robot technology and government initiatives promoting surgical robots. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of the Asia-Pacific region is witnessed owing to collaboration of the government with regional universities for research and development purpose along with the improving healthcare infrastructure. Technological advancements in surgical robots and increasing need for automation in the healthcare industry are some key trends that are responsible for the wide adoption of surgical robots globally.

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Top Key Players Covered In This Report:

1. Intuitive Surgical
2. Stryker
3. Mazor Robotics
4. Smith & Nephew
5. Renishaw
6. Medrobotics
7. Transenterix
8. Think Surgical (Subsidiary of Curexo Technology)
9. MedTech
10. Hansen Medical

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. This study considers the Surgical Robots value generated from the sales of the following segments:

Segmentation By Component:

• Instruments & Accessories
• Robotic Systems
• Services

Segmentation By Application:

• General Surgery
• Gynecological Surgery
• Orthopaedic Surgery
• Urological Surgery
• Neurosurgery

Segmentation By End-User:

• Hospitals
• Ambulatory Surgical Centres

This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.

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Research Goals

• Study and analyze the size of the global Surgical Robots market by main regions/countries, type of product and application.
• Understand the structure of the Surgical Robots market by identifying several sub-sectors.
• Focuses on key players in the global Surgical Robots market to identify, describe and analyze the value, market share, the market competition landscape, the SWOT analysis, and development plans in the coming years.
• Analysis of the "Surgical Robots market" with respect to individual growth trends, future prospects and their contribution to the market in general.

Summary:

The report gathers the essential information including the new strategies for growth of the industry and the potential players of the global Surgical Robots Market. It enrolls the major industry player imperious the global Surgical Robots Market along with their contribution to the global market.

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This release was published on openPR.