Press release
What's driving the Robotic Surgical Procedures Market Growth? Prominent Players: Zimmer Biomet, Stryker, Medtronic, Smith & Nephew
Get PDF Brochure of this Report@ https://www.fortunebusinessinsights.com/enquiry/sample/robotic-surgical-procedures-market-100124
Gynaecology Emerges as Most Preferred Area in Robotic Surgical Procedures
The gynaecology segment is likely to gain significant momentum and lead the global market over the forecast years. Fortune Business Insights reports that this segment covered a share of 28.7% and is expected to account for the highest share in the market by 2025. The report observed that this segment is leading on account of an extensive use of robotic-assisted surgical procedures in the healthcare sector.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Zimmer Biomet
• Stryker
• Medtronic
• Smith & Nephew
• Accuray
• CMR Surgical
• avatera
Besides gynaecology, the orthopaedics segment is also projected to grow at a higher CAGR in the forecast years. This is ascribable to the rising number of product innovations in orthopaedics area. Presently, the number of orthopaedic surgeries conducted via robotic surgical machines is very low. With the rising incidence of bone injuries, the number is expected to increase in the coming years.
Asia Pacific to Upscale its Operations with Majority of the Revenue Generated from China and India
North America is anticipated to remain dominant till 2025 in the global robotic surgical procedure market. The market in this region was worth US$ 3070.7 Mn in the year 2017 and it is likely to grow with the increasing adoption of robotic surgical instruments and systems. The penetration of robotics is higher in the countries of North America than other regions. This is likely to create growth opportunities for the market in the forthcoming years.
The market in Asia Pacific is also expected to grow with the increasing adoption of robotic surgical systems especially in China and India. The region’s growth is also attributable to increasing western partnerships so as to enhance healthcare facilities. In addition to this, governments are expected to collaborate with regional institutions to develop surgical robots.
Increasing Need for Automation in Healthcare to Influence Overall Growth
“The healthcare industry is transforming with the introduction of technological developments such as 3D imaging sensors, microscopic cameras, and robotic surgical instruments,” says a lead analyst at Fortune Business Insights. “This is further expected to enhance surgical outcomes and drive the market over the next few years,” he added. Automation is emerging in healthcare industry as it reduces the requirement for human work and optimizes clinical outcomes.
It is further expected to improve operational efficiency and reduce cost, thus boosting the market. The introduction of new and economical surgical robots in developed and developing countries stimulate growth in the market. Hospitals across the world are likely to adopt robotic surgical equipment in the coming years, which in turn, may offer tailwinds to the market.
Request Customization of this Report@ https://www.fortunebusinessinsights.com/enquiry/customization/robotic-surgical-procedures-market-100124
Mounting Costs of Robotic Surgeries May Impede the Growth
Some countries are not able to afford the high costs associate with robotic surgical procedures. The high cost involved in robotic systems may therefore restrict the market’s growth. In addition to this, increasing cases of mortality while conducting robotic surgeries pose a serious threat to the market in the coming years. Be it as it may, some of the developing economies such as China, India, and Brazil are expected to create impressive growth opportunities in the market by 2025.
Intuitive Surgical Inc. Emerges Dominant at a Global Scale
The robotic surgical procedures market is likely to be dominated by Intuitive Surgical Inc. as per revenue. In 2017, the company was leading with more than half of the share in the global market. This is primarily on account of high installed base in countries such as the U.S. and some countries in Europe. Furthermore, the company’s Da Vinci family of robotic surgical systems is continuously receiving approvals regarding new areas of application.
Another leading company in the market is Stryker owing to its acquisition of another company called MAKO Surgical Corp. in the year 2013. Some of the other leading companies operating in the global market include Medtronic, Zimmer Biomet, Accuray Incorporated, Smith & Nephew, CMR Surgical Ltd., Verb Surgical Inc., and Avatera Medical GmbH.
1. Introduction
1.1. ResearchScope
1.2. MarketSegmentation
1.3. ResearchMethodology
1.4. Definitionsand Assumptions
Browse Full Report@ https://www.fortunebusinessinsights.com/industry-reports/robotic-surgical-procedures-market-100124
4. Key Insights
4.1. Overviewof the Robotic Surgical Systems Market (2017) - For North America, Europe, APACand Rest of World
4.2. Overview ofthe Robotic Surgical Procedures Volume (2017 and 2025) - At Global Level
4.3. PricingAnalysis - Major Robotic Surgical Systems
4.4. DistributorAnalysis - For Major Manufacturers of Robotic Surgical Systems
4.5.Key Mergers & Acquisitions
4.6.Key Technological Advancements in Robotic Surgical Systems
4.7.Regulatory Scenario
4.8.Reimbursement Scenario
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Robotic Surgical Procedures Market Growth? Prominent Players: Zimmer Biomet, Stryker, Medtronic, Smith & Nephew here
News-ID: 1773085 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Surgical
Surgical Robotics Market to Witness Huge Growth by 2031 -Auris Surgical Robotics …
Surgical Robotics Industry Analysis, according DataM Intelligence. Although data provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
Will the Surgical Robotics market emerge as the sector's next great thing? To discover the answer, look at the Surgical Robotics market analysis and projections. In-depth…
Surgical Laser Market - Shaping Surgical Precision: Surgical Laser, Guiding the …
Newark, New Castle, USA - The latest report from Growth Plus Reports analyzes the production, potential applications, demand, major manufacturers, and SWOT analysis of the global Surgical Laser Market.
Surgical Laser Market: https://www.growthplusreports.com/report/surgical-laser-market/9172
The Surgical Laser Market Report assists in determining the optimum distribution methods for certain products as well as possible markets for future product launches. The report also analyses the purchase and supply trends that influence the market's production strategy.…
Surgical Retractor Market - Enabling Surgical Mastery: Retractors for Uncompromi …
Newark, New Castle, USA: The "Surgical Retractor Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Surgical Retractor Market: https://www.growthplusreports.com/report/surgical-retractor-market/7658
This latest report researches the industry structure, sales,…
Surgical Robots Market Hits USD 17,647.82 million by 2028 Lead By THINK Surgical …
There is a rise in the number of surgeries performed across the world. In the last 25 years, the incidence of cardiovascular diseases has increased globally. The rise in diabetic cases and lifestyle changes are leading to an increase in the number of cardiovascular surgeries and general surgeries. For instance, colorectal cancer is one of the most commonly found and lethal cancers developed in individuals due to the combined influence…
Surgical Robots Market Analysis 2020 - How COVID19 Impacting Surgical Robots Ind …
Report Analyzes Surgical Robots Market Size, Share and Industry Analysis By Type (Implantable Cardioverter Surgical Robots (ICD), Transvenous ICD, External Surgical Robots) By End User (Hospitals & Clinics, Ambulatory, Schools and other Public Places) and Regional Forecast, 2019 - 2026.
Get Sample Report To Know The Impact of Covid19 on this Industry at: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/surgical-robots-market-100948
Key Players: Intuitive Surgical, Medtronic, Stryker, Smith & Nephew, Zimmer Biomet, TransEnterix Surgical, Inc Verb Surgical, THINK Surgical.
An…
Surgical Microscope Market Size, Surgical Microscope Market Share, Surgical Micr …
The global surgical microscope market was valued at USD 610.3 million in 2017 and is estimated to grow at a CAGR of 12.5% during the forecast period 2017-2026.
Request for Sample of This Research Report @ https://bit.ly/2xjcXML
Top Key Players:-
Carl Zeiss AG,
Leica Microsystems,
Takagi Corporation,
Seiler Precision Microscopes,
Topcon Corporation,
Alltion (Wuzhou) Co. Ltd.,
Alcon Laboratories, Inc.,
Haag-Streit Surgical,
Olympus Corporation,
Accu-scope, Inc.,
Novartis AG,
Danaher Corporation,
Labomed Microscopes,
Prescott’s Inc.,…
