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What's driving the Robotic surgery Market Growth? Intuitive Surgical Devices, Zimmer Biomet, Accuracy, Smith & Nephew, Stryker, Corindus Vascular Robotics, Renishaw, Mazor Robotics, TransEnterix, Inc

07-01-2019 05:25 PM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

What's driving the Robotic surgery Market Growth? Intuitive

New and advanced robotic surgery systems have improved clinical outcomes in a lot of ways. Robotic surgery is better than laproscopic surgery in a lot of ways, as laproscopic surgeries have a limited degree of flexibility, counterintuitive movements, low dexterity and chances of physical tremors. These issues have been addressed by robotic surgery systems quite well, and also include much better features with the integration of improved technology. Surgeons are now provided with improved vision and precision. Further, patients experience shorter length of hospital stay and fewer pre-operative complications. Robotic surgery systems also ensure less human errors. These advantages are expected to further enhance the use of robotic surgery systems over conventional laproscopic surgery in the global market and provide more incremental opportunities for manufacturers of robotic surgery systems.

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There has been a significant expansion in the application of robotics in the global healthcare sector. New-age healthcare services need to be highly efficient and provide services with absolute accuracy. In this scenario, hospitals and surgeons are more inclined towards the use of robotic surgery systems. Currently, robotic surgery systems are most commonly used for applications such as general surgery, urology, cardiac surgery, thoracic surgery and neurosurgery. With technological advancements being inevitable in the near future, the robotic surgery system market will witness new applications by integrating advanced technologies, pushing global market revenue. Insights on this market are presented in a new research report by Persistence Market Research, which forecasts the robotic surgery system market to reach a valuation of US$ 6,400 Mn by the end of 2026. The market is anticipated to grow at a robust CAGR of 11.8% during the forecast period.

In many other ways, robotic surgery systems have been observed to be a more convenient option, which has proved to be efficient for patient health management. The procedure reduces chances of human errors, which is a significant factor that shapes the perception of patients regarding a particular treatment method. In retrospect, with the increasing healthcare expenditure across the globe, technological advancements and the growing procedural volumes of robotic surgeries, it is necessary for patients as well as doctors to reduce the cases of human errors.

Among the two components involved in the scope of this study, robotic surgery systems is estimated to stay ahead of maintenance services in terms of revenue. The market is projected to reach a value of over US$ 4,400 Mn by the end of 2026. The application trends of robotic surgery systems is also being observed, and the results depict gynecology to emerge as the key application area. The use of robotic surgery systems in the gynecology domain is expected to gain maximum traction in the coming years, and gynecology as an application area is forecasted to project growth at an astounding CAGR of 14% during the forecast period.

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2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy

3. Robotic Surgery System Opportunity Analysis
3.1. Macro-Economic Factors
3.2. Opportunity Analysis

4. Market Background
4.1. Value Chain
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints

5. Macroeconomic Assumptions

6. Forecast Factors: Relevance and Impact

7. Global Economic Outlook
7.1. Gross Domestic Product by Region & Country, 2006 – 2021
7.2. Global Healthcare Outlook

8. Key Inclusions
8.1. Install Base Analysis
8.2. Pricing Analysis
8.3. Regulatory Scenario

9. North America Robotic Surgery System Analysis 2013-2017 and Forecast 2018–2026
9.1. Introduction
9.2. Regional Trend
9.3. Historical Market Size (US$ Mn) and Trend Analysis By Country, 2013-2017
9.3.1. U.S.
9.3.2. Canada
9.4. Market Size (US$ Mn) and Forecast By Country, 2018–2026
9.5. Historical Market Size (US$ Mn) and Trend Analysis By Component, 2013-2017
9.5.1. Robotic Surgical System
9.5.2. Maintenance Services
9.6. Market Size (US$ Mn) and Forecast By Component, 2018–2026
9.7. Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
9.7.1. Urology
9.7.2. Gynecology
9.7.3. General Surgery
9.7.4. Thoracic Surgery
9.7.5. Cardiac Surgery
9.7.6. Neurosurgery
9.7.7. Others
9.8. Market Size (US$ Mn) Forecast By Application, 2018–2026
9.9. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
9.9.1. Hospitals
9.9.2. Research Centers
9.10.Market Size (US$ Mn) Forecast By End User, 2018–2026
9.11.Drivers and Restraints: Impact Analysis
9.12.Market Attractiveness Analysis
9.12.1. By Country
9.12.2. By Component
9.12.3. By Application
9.12.4. By End User
9.13.Key Market Participants – Intensity Mapping

10. Latin America Robotic Surgery System Analysis 2013-2017 and Forecast 2018–2026
10.1.Introduction
10.2.Regional Trend
10.3.Historical Market Size (US$ Mn) and Trend Analysis By Country, 2013-2017
10.3.1. Brazil
10.3.2. Mexico
10.3.3. Rest of Latin America
10.4.Market Size (US$ Mn) and Forecast By Country, 2018–2026
10.5.Historical Market Size (US$ Mn) and Trend Analysis By Component, 2013-2017
10.5.1. Robotic Surgical System
10.5.2. Maintenance Services
10.6.Market Size (US$ Mn) and Forecast By Component, 2018–2026
10.7.Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
10.7.1. Urology
10.7.2. Gynecology
10.7.3. General Surgery
10.7.4. Thoracic Surgery
10.7.5. Cardiac Surgery
10.7.6. Neurosurgery
10.7.7. Others
10.8.Thoracic Surgery Market Size (US$ Mn) Forecast By Application, 2018–2026
10.9.Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017
10.9.1. Hospitals
10.9.2. Research Centers
10.10. Drivers and Restraints: Impact Analysis
10.11. Market Attractiveness Analysis
10.11.1. By Country
10.11.2. By Component
10.11.3. By Application
10.11.4. By End User
10.12. Key Market Participants – Intensity Mapping

11. Europe Robotic Surgery System Analysis 2013-2017 and Forecast 2018–2026
11.1.Introduction
11.2.Regional Trend
11.3.Historical Market Size (US$ Mn) and Trend Analysis By Country, 2013-2017
11.3.1. Germany
11.3.2. U.K
11.3.3. France
11.3.4. Spain
11.3.5. Italy
11.3.6. Poland
11.3.7. Russia
11.3.8. Rest of Europe
11.4.Market Size (US$ Mn) and Forecast By Component, 2018–2026
11.5.Historical Market Size (US$ Mn) and Trend Analysis By Component, 2013-2017
11.5.1. Robotic Surgical System
11.5.2. Maintenance Services
11.6.Market Size (US$ Mn) and Forecast By Component, 2018–2026
11.7.Historical Market Size (US$ Mn) Trend Analysis By Application, 2013-2017
11.7.1. Urology
11.7.2. Gynecology
11.7.3. General Surgery
11.7.4. Thoracic Surgery
11.7.5. Cardiac Surgery
11.7.6. Neurosurgery
11.7.7. Others

Full Report@ https://www.persistencemarketresearch.com/market-research/robotic-surgery-market.asp

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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