Surgical Robots Market 2019 Analysis: Accuray Incorporated, Stryker, MEDTRONIC, Smith & Nephew, THINK Surgical, Inc., TransEnterix Surgical, Inc

This Global Surgical Robots Market report puts a light on various factors that have direct or indirect effect on the growth of the business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the General Surgery industry. This market research report identifies as well as analyses the emerging trends along with major driving factors, challenges, and opportunities in the market for the General Surgery industry. Global Surgical Robots Market report displays detailed market analysis with inputs from industry experts. The Global Surgical Robots Market report also discovers the emerging trends along with major drivers, challenges and opportunities in the market.

Global surgical robots market is projected to register a healthy CAGR of 14.1% in the forecast period of 2019 to 2026.

Some of the major players operating in the global surgical robots market are Intuitive Surgical, Accuray Incorporated, Stryker, MEDTRONIC, Smith & Nephew, THINK Surgical, Inc., TransEnterix Surgical, Inc., Zimmer Biomet, Verb Surgical Inc., Auris Health, Inc., Virtual Incision Corporation, Restoration Robotics, Inc. and others.

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Global Surgical Robots Market By Product Type (Instruments, Robotic Systems, Accessories and Services), Brands (DA Vinci Surgical System, CyberKnife, Renaissance, Artas, ROSA, Others), Application (General Surgery, Urological, Gynaecological, Gastrointestinal, Radical Prostatectomy, Cardiothoracic Surgery, Colorectal Surgery, Radiotherapy, Others), Geography (Europe, North America, Asia-Pacific, South America, Middle East and Africa) - Industry Trends & Forecast to 2026

The first documented use of a robot-assisted surgery occurred in 1985, when the PUMA 560 robotic surgical arm which was used in very delicate neurosurgical biopsy and non-laparoscopic surgery. This surgery has led to the first laparoscopic procedure involving a robotic system a cholecystectomy in 1987. 1990 is marked as the year when AESOP system, the first system got the approval by the Food and Drug administration (FDA) for its endoscopic procedure. In 2000, the Da Vinci surgical system became the first robotic surgery system approved by FDA for general laparoscopic surgery.

The future of robots-assisted surgery is nearly as promising as the humans are inventing the better ways of accomplishing the delicate medical procedures. The rising ageing population, rising case of acute and chronic diseases and better benefits to patients and surgeons are the main drivers for global surgical robots market.

Segmentation: Global Surgical Robots Market

Global surgical robots market is segmented into three notable segments which are product type, brands and application.

On the basis of product type, the market is segmented into robotic systems, instruments, accessories and services. Instruments are growing at the highest CAGR of 15.1% in the forecast period of 2019 to 2026.

In March 2019, Zimmer Biomet received a FDA Clearance for the ROSA ONE Spine System which will be used for the robotically assisted surgeries. This would help in the expansion of product portfolio of the company.

On the basis of brands, the market is segmented into Da Vinci surgical system, Renaissance, Cyberknife, Artas, ROSA and others. Da Vinci surgical system is growing at the highest CAGR of 15.2% in the forecast period of 2019 to 2026.

In March 2018, Auris Surgical Robotics has got FDA Clearance for Monarch Platform which is a flexible robotic endoscopic platform. The initial aim of the Monarch platform will be for treating the lung cancer along with the FDA clearance for the usage of device in the therapeutic and diagnostic bronchoscopy procedures. This approval helped the company to launch the products across U.S.

On the basis of application, the market is segmented into general surgery, urological, gynaecological, gastrointestinal, radiotherapy, radical prostatectomy, cardiothoracic surgery, colorectal surgery and others. General surgery is growing at the highest CAGR of 17.3% in the forecast period of 2019 to 2026.

In April 2017, Intuitive Surgical announced that the new Da Vinci X Surgical System received a CE mark approval in Europe. The da Vinci X System will help in offering the surgeons and hospitals with access to some of the most advanced robotic-assisted surgery technology at a lower cost. This would help in enhancing the customer base of the company.

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Table of Contents:

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY 1.2 MARKET DEFINITION 1.3 OVERVIEW OF GLOBAL SURGICAL ROBOTS MARKET 1.4 CURRENCY AND PRICING 1.5 LIMITATIONS 1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED 2.2 GLOBAL SURGICAL ROBOTS MARKET: GEOGRAPHICAL SCOPE 2.3 YEARS CONSIDERED FOR THE STUDY 2.4 CURRENCY AND PRICING 2.5 RESEARCH METHODOLOGY 2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 2.7 DBMR MARKET POSITION GRID 2.8 MARKET APPLICATION COVERAGE GRID 2.9 DBMR VENDOR SHARE ANALYSIS 2.10 MULTIVARIATE MODELING 2.11 PRODUCTS LIFELINE CURVE 2.12 SECONDARY SOURCES 2.13 ASSUMPTIONS

3 MARKET OVERVIEW

3.1 DRIVERS

3.1.1 RISING AGEING POPULATION 3.1.2 RISING CASE OF ACUTE AND CHRONIC DISEASES 3.1.3 OFFERING IMPROVED BENEFITS TO PATIENTS AND SURGEONS

3.2 RESTRAINTS

3.2.1 REGULATORY SCENARIO 3.2.2 SHORTAGE OF TRAINED SURGEONS 3.2.3 HIGH COST OF THE EQUIPMENT AND SURGERY

3.3 OPPORTUNITIES

3.3.1 MERGERS AND ACQUISITIONS TO EXPAND BUSINESS 3.3.2 INCREASING NEED OF REDUCING HEALTHCARE COSTS IN U.S

3.4 CHALLENGES

3.4.1 INCREASING COMPETITORS 3.4.2 HIGH ENTRY LEVEL COSTS 3.4.3 HIGH LEVEL ENTRY BARRIERS DUE TO PATENTS

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

6 GLOBAL SURGICAL ROBOTS MARKET, BY PRODUCT TYPE

7 GLOBAL SURGICAL ROBOTS MARKET, BY BRANDS

8 GLOBAL SURGICAL ROBOTS MARKET, BY APPLICATION

9 GLOBAL SURGICAL ROBOTS MARKET, BY GEOGRAPHY

10 GLOBAL SURGICAL ROBOTS MARKET, COMPANY LANDSCAPE

11 COMPANY PROFILE

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