Surgical Robotics Market Key Players: Smith & Nephew Plc. (Blue Belt Technologies, Inc.), Auris Surgical Robotics Inc. (Hansen Medical Inc.), Intuitive Surgical, Inc., KUKA AG, Stryker Corporation (MAKO Surgical Corp.)
Global surgical robotics market was valued at $56,294.9 million in 2017, and is projected to reach $98,737.0 million by 2024, growing at a CAGR of 8.5% from 2017 to 2024. The orthopedic surgery dominated the market in terms of revenue and accounted for about one-fifth share of the global market in 2017.
Request for Sample @ https://www.kdmarketinsights.com/sample/3956
Surgical robotic system is a technologically advanced surgical solution, used mainly during complicated surgical procedures. The surgical robotic system includes surgeons console, surgical arms and monitoring systems & software. The surgical robotic system market is gaining prominence in the recent years owing to rapid technological advancements, increasing investments in research and development and its extensive application in critical surgeries such as cardiac, orthopedic and neurosurgery. Further, wide scope of applications in different surgeries, increasing demands for advanced medical facilities and rising incidence of diseases such as cancer and musculoskeletal ailments & injuries, majorly supplement the growth of surgical robotics market. On the contrary, high costs of surgical robotic procedures, lack of awareness and inadequate presence of expertise professionals are major factors impeding the market growth.
The global surgical robotics market is segmented into component, surgery type and region. Based on component, the market is segmented into systems, accessories, and services. The surgical robotics market based on surgery type is segmented into gynecology surgery, urology surgery, neurosurgery, orthopedic surgery, general surgery and others. Regionally the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
In terms of revenue, the accessories in component segment accounted for the highest market share in 2017, owing to rising adoption of surgical robotic systems across Tier-1 hospitals, recurrent sales of accessories for these systems and demand for highly efficient replaceable components. Surgical robotic systems services would emerge as the lucrative segment since it is mandatory for every surgical robotic systems buyer to maintain the systems performance. The services segment would exhibit the fastest growth rate, registering a CAGR of 15.7% during the forecast period.
Based on surgery type, the neurosurgery segment accounted for about one-sixth share of the total market in terms of value as well as volume and is expected to grow at a CAGR of 8.6% and 6.5% respectively during the forecast period. As robotic systems were primarily used for neurosurgeries and later widen its application. The need for precision during neurosurgery has led to an increase in adoption for surgical robotics.
Key Findings of the Surgical Robotics Market:
- The gynecology surgery accounted for about one-sixth share of the global market in terms of revenue as well as volume in 2017.
- The surgical systems segment by component accounted for one-third share of the global market in 2017 and is expected to grow at a CAGR of 11.3% during the forecast period.
- The U.S. dominated the North American surgical robotics market in 2017 by surgery type and is projected to grow at a CAGR of 7.0% during the forecast period.
- Spain is expected to be the fastest growing country in the European surgical robotics market by surgery type with a CAGR of 12.3% during 2018-2024.
- India is expected to be the fastest growing country in the Asia-Pacific surgical robotics market by surgery type during the forecast period.
North America dominated the surgical robotics market. The market growth in North America is primarily a reflection of product innovations and launches resulting from technological advancements. The companies mostly adopted product launch, acquisition, and expansion as their key strategies to keep pace with the changing demands of consumers and strengthen their market position. The key players operating in the global surgical robotics market are Smith & Nephew Plc. (Blue Belt Technologies, Inc.), Auris Surgical Robotics Inc. (Hansen Medical Inc.), Intuitive Surgical, Inc., KUKA AG, Stryker Corporation (MAKO Surgical Corp.), Mazor Robotics, Renishaw plc., Medtronic, THINK Surgical, Inc., and Zimmer Biomet Holdings Inc. Other players operating in the value chain are Transenterix, Verb Surgical, Titan Medical, Microbot Medical, Accuray and Medrobotics.
Browse Full Report With TOC@ https://www.kdmarketinsights.com/product/surgical-robotics-market-amr
Table of Content
CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segmentation
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
2.2 Market beyond what expected by 2025 ($million)
2.2.1 Moderate growth scenario
2.2.2 Rapid growth scenario
2.2.3 Diminishing growth scenario
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top investment pockets
3.2.2 Top winning strategies
3.3 Porter five forces analysis
3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threat of new entrants
3.3.4 Threat of substitute
3.3.5 Industrial rivalry
3.4 Value chain analysis
3.5 Market player positioning
3.6 Government regulations and reimbursement scenario
3.7 Market dynamics and impact analysis
CHAPTER 4 WORLD SURGICAL ROBOTIC SYSTEMS MARKET, BY COMPONENT
4.1.1 Market size and forecast
4.2 Surgical systems
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast
CHAPTER 5 WORLD SURGICAL ROBOTICS MARKET, BY SURGERY TYPE
5.1.1 Market size and forecast
5.2 Gynecological surgery
5.2.1 Market size and forecast
5.3 Urological surgery
5.3.1 Market size and forecast
5.4.1 Market size and forecast
5.5 Orthopedic surgery
5.5.1 Market size and forecast
5.6 General surgery
5.6.1 Market size and forecast
5.7 Other surgery
5.7.1 Market size and forecast
Check for Discount @ https://www.kdmarketinsights.com/discount/3956
KD Market Insights
150 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
About KD Market Insights
KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights.
Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market.
This release was published on openPR.
Permanent link to this press release:
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 Surgical Robotics Market Key Players: Smith & Nephew Plc. (Blue Belt Technologies, Inc.), Auris Surgical Robotics Inc. (Hansen Medical Inc.), Intuitive Surgical, Inc., KUKA AG, Stryker Corporation (MAKO Surgical Corp.) here
News-ID: 1852430 • Views: 231
More Releases from KD Market Insights
Pet Nutrition and Dietary Supplements Market Key Players| Garmon Corp., Herbsmit …
A Comprehensive research study conducted by KD Market Insights on " Pet Nutrition and Dietary Supplements Market – By Pet Type (Dog, Cat, Birds, Others), By Ingredient Type (Milk Bio-actives, Omega-3 Fatty Acids, Probiotics, Proteins and Peptides, Dietary Fiber, Others) and Global Region Market Size, Trends, Share & Forecast 2018-2023 " report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Pet
Smart Fabric Market Key Players| Interactive Wear AG, Outlast Technologies LLC, …
A Comprehensive research study conducted by KD Market Insights on " Smart Fabric Market – By Type (Active Smart Fabric, Passive Smart Fabric, Others), By Application (Faison and Entertainment, Sports and Fitness Monitoring, Medical and Healthcare, Health and Medical Monitoring, Smart Wound Dressings, Others, Transportation, Heated Seats, Others, Protection and Military, Home and Architecture) - Market Size, Trends, Share & Forecast 2018-2023 " report offers extensive and highly detailed historical,
Sleeping Aids Market Key Players| Sanofi, Merck KGaA, Koninklijke Philips N.V., …
A Comprehensive research study conducted by KD Market Insights on " Sleeping Aids Market - By Product (Mattress and Pillows, Sleep Laboratories, Medications, Prescription Drugs, OTC Drugs, Herbal Remedies, Sleep Apnea Devices, PAP Devices, Facial Interfaces, Oral Appliances, ASVs, Other Sleeping Aids), By Sleep Disorder (Insomnia, Sleep Apnea, Restless Leg Syndrome, Narcolepsy, Sleep Walking, Other Sleep Disorders) & Global Region Market Size, Trends, Share & Forecast 2018-2023 " report offers
Wi-Fi Module Market Key Players| Murata Manufacturing Co., Ltd., Taiyo Yuden Co. …
A Comprehensive research study conducted by KD Market Insights on " Wi-Fi Module Market - by Type (Router Scheme Wi-Fi Module & Embedded Wi-Fi Module), by Application (Smart Grid & Smart Appliance, Handheld Mobile Device, Medical & Industrial Testing Instrument and Router) - Global Opportunity Analysis and Industry Forecast, 2018-2024 " report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Wi-Fi Module Market report includes market size,
More Releases for Surgical
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.,
Dental Surgical Equipment Market
Regular consumption of tobacco and unhealthy foods are the major causes of dental diseases. Some of the major dental diseases are plaque, cavities and periodontal disease. Plaque is an excessive accumulation of the bacteria and germs that normally live in mouth. Cavities are holes where bacteria damages tooth's enamel. Periodontal disease is one of the major serious dental disorders that cause gum recession and damages soft and hard tissues. Some
Euro Surgical Pathology 2018
Rome, Italy welcomes you all to share Medical Knowledge and Experience at our upcoming "14th International Conference on Surgical Pathology and Cancer Diagnosis, May 17-18, 2018. Some of the main sessions "to-be-covered" are • Surgical Pathology and Diagnosis • Cancer Pathology • Breast Pathology • Gynecologic Pathology • Gastrointestinal and Liver Pathology • Neuro Surgery and Pathology • Oral and Maxillofacial Pathology • Dermatopathology • Genitourinary Pathology • Cytopathology & many more! Holiday Inn Rome - Aurelia Via Aurelia Km 8,400 00163 Roma Italy
Impact of Surgical Robots on Global Surgical Equipment Market
Modern invention and innovation in technology has captivated almost all industries and is continuously influencing the market growth across the world. The surgical equipment market is also influenced due to product innovations. A recent report by Arizton Advisory & Intelligence, which includes the study of global surgical equipment market has provided some evident that the launch of advanced products is likely to impact the global market. The report Surgical Equipment
Surgical Robotics System Market Growth 2017-2022 Intuitive Surgical, TransEnteri …
Surgical Robotics System Market Research Report A market study based on the " Surgical Robotics System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Surgical Robotics System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Surgical Robotics System industry, and makes predictions on the future status of Surgical Robotics System market on the basis
Global Surgical Lamp Market: By Applications - Hospitals, Ambulatory Surgical Ce …
Latest industry research report on: Global Surgical Lamp Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Download Sample copy of this Report at :http://www.marketresearchreports.biz/sample/sample/1099389 This report studies Surgical Lamp in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers