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Surgical Robots Market a $6,875.1 Mn Industry..! What is Driving the market?

01-30-2020 02:25 PM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd

Surgical Robots Market a $6,875.1 Mn Industry..! What is Driving

The Global Surgical Robots Market will derive growth from recent technological advancements that have enabled minimally invasive surgeries. According to a report published by Fortune Business Insights, titled "Surgical Robots: Global Market Analysis, Insights and Forecast, 2019-2026," the market was valued at US$ 1,463.0 Mn in 2018. Fortune Business Insights predicts that the market will reach 6,875.1 Mn by 2026, thereby exhibiting a CAGR of 21.4% during the forecast period.

Report Highlights:

Detailed Historical Overview
Consumer and Pricing Analysis
Market Dynamics of the Industry
In-depth Market Segmentation
Historical and Projected Market Sizing in Terms of Value
Recent Market Trends and Impact Factors
R&D Status and Technology Overview
Extensive Industry Structure Coverage

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/surgical-robots-market-100948

Key Companies and Manufacturers Covered:

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight.

Intuitive Surgical Inc.
Medtronic
Stryker
Smith & Nephew
Zimmer Biomet
Verb Surgical Inc
Transenterix Surgical Inc
Rising Regulatory Approvals Identified as Chief Growth Driver

As surgical robots are essentially dealing with sensitive parts of the body, regulatory authorities are somewhat reluctant to clear the products for usage. Having said that, recent advancements in surgical robots and the advent of high precision products have churned out several regulatory clearances. Subsequently, increasing regulatory approvals will favor the growth of the global surgical robots market. In 2019, Zimmer Biomet received clearance from the Food and Drug Administration (FDA) for the usage of its latest product 'Rosa One Brain Application'. The system allows surgical navigation and positioning for operations related to neurological body parts, wherein extreme precision methods are required. Fortune Business Insights predicts that advancements in neurological surgeries will account for significant amount of growth of the global surgical robots market.

Minimally Invasive Robot-sssisted Surgeries Will Favor Market Growth

Recent technological advancements have enabled surgical operations through robots wherein the efficiency and time-to-completion have been unmatched by their human counterparts. The advent of minimally invasive surgical procedures due to rising demand for imaging techniques through infrared technology have led to a rising uptake of surgical robots across the world. In April 2019, the Vanderbilt Institute for Surgery and Engineering (VISE) received a grant of an approximate US$ 2 Mn for the development of a surgical robot within a minimally invasive environment. The project revolved around prostate surgeries and would include operations through needle sized robotic arms. Fortune Business Insights predicts that increasing adoption of minimally invasive surgeries through surgical robots will minimize the use of surgical stitches, thereby creating a huge demand among surgeons as well as end users across the world. The report studies the impact of product launches similar to VISE's latest surgical robot and gauges the impact of these products on the global surgical robots market.

Have Any Query? Ask Our Experts:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/surgical-robots-market-100948

Detailed Table of Content:

Introduction
1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

Executive Summary
Market Dynamics
3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

Key Insights
4.1. Technological Advancements

4.2. Pricing Analysis, by Key Players

4.3. Detail Product Mapping, by Key Players

4.4. Key mergers & acquisitions, by Key Players

Global Surgical Robots Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary

5.2. Market Analysis, Insights and Forecast - By Application

5.2.1. General Surgery

5.2.2. Gynecology

5.2.3. Urology

5.2.4. Orthopedics

5.2.5. Others

5.3. Market Analysis, Insights and Forecast - By End User

5.3.1. Hospitals

5.3.2. Ambulatory Surgery Centers

5.3.3. Others

5.4. Market Analysis, Insights and Forecast - By Region

5.4.1. North America

5.4.2. Europe

5.4.3. Asia pacific

5.4.4. Rest of World

Research Methodology:

Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to 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.

Contact Us:

Fortune Business Insights(TM) 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

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