Surgical Robots Market Trends, Product, Marketing Strategies and Rising Opportunities by TransEnterix Surgical, Inc., Auris Health, Inc., Virtual Incision Corporation

All the data of research and analysis in this Global Surgical Robots Market business document are mapped in an actionable model, with strategic recommendations from the experts. Client's needs are understood well by experts leveraging their expertise and strong knowledge base to identify and evaluate the competition and chalk out strategic programs, with short-term goals and long-term objectives. This Surgical Robots Market document recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the General Surgery industry. The report provides the wide-ranging statistical analysis of the market's continuous positive developments, capacity, production, production value, cost/profit, supply/demand, and import/export.

Different markets, marketing strategies, trends, future products, and rising opportunities are taken into account while studying the market and preparing this Surgical Robots Market business document. The fact that competitive analysis is the major aspect of any market research report is carefully explored in this Surgical Robots Market business report and hence many points are covered under this including strategic profiling of key players in the market, analyze core competencies of key players, and draw a competitive landscape for the market. The report offers sustainable forward-looking growth programs, to ensure business success which is imperative for organizations.

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Some of the major players operating in the global surgical robots market are

o Intuitive Surgical,
o Accuray Incorporated,
o Stryker,
o MEDTRONIC,
o Smith & Nephew,
o THINK Surgical, Inc.,
o TransEnterix Surgical, Inc.,
o Zimmer Biomet,
o Verb Surgical Inc.,
o Auris Health, Inc.,
o Virtual Incision Corporation,
o Restoration Robotics, Inc. and others.

Global Surgical Robots Market is expected to reach USD 19,413.63 million by 2026 from USD 6,788.29 million in 2018, at a CAGR of 14.1% in the forecast period of 2019 to 2026.

Market Trends:

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. In 2019, instruments segment is projected to lead with 59.3% shares and is growing with the highest CAGR of 15.1% in the forecast period of 2019 to 2026.

On the basis of brands, the market is segmented into Da Vinci surgical system, Renaissance, Cyberknife, Artas, ROSA and others. In 2019, Da Vinci surgical system segment is projected to lead with 79.6% shares and is growing with the highest CAGR of 15.2% in the forecast period of 2019 to 2026.

On the basis of application, the market is segmented into general surgery, urological, gynaecological, gastrointestinal, radiotherapy, radical prostatectomy, cardiothoracic surgery, colorectal surgery and others. In 2019, general surgery segment is projected to lead with 31.2% shares and is growing with the highest CAGR of 17.3% in the forecast period of 2019 to 2026.

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Drivers:

RISING AGEING POPULATION:

With increasing age, the patient pool for chronic disease is rising. Older populations are more prone to diseases such as diabetes, allergies, arthritis, cardiovascular diseases, infections, gastrointestinal and other problems.

According to the U.S. census the number of people aged 65 and older in the United States on July 1, 2015 were 47.8 million.

In 2017, as per the United Nation (World Population Prospects), the number of people ageing 60 or above in the world was about 962 million, which were around 13% of the total population across the globe. This is increasing at a rate of around 3% per year.

In 2017, according to United Nations, 25% of the European population was 60 or over. It is estimated that the rapid ageing would occur in other parts of the world too, so by 2050, except for Africa, all other regions of the world will nearly have a quarter or more of their populations in the aging age group.

There are various health issues which are affected by the senior citizens such as osteoporosis, Alzheimer's disease, osteoarthritis, diabetes, cardiovascular diseases among other diseases which are rising in the demand of surgeries. The demand for surgeries is growing but the number of doctors is decreasing, in such situation the surgical robots can be very helpful as they would help in reducing the time span of surgeries. Hence, the ageing population is expected to drive the market for the surgical robots.

RISING CASE OF ACUTE AND CHRONIC DISEASES:

The prevalence of diseases and conditions such as cardiovascular diseases, diabetes, Alzheimer's disease, Parkinson's disease, cancer and many others over the period of time.

According to American Cancer Society, in 2016, it is estimated that in the U.S. around 1,685,210 new cases of cancer will be diagnosed and approximately 595,690 people will die due to this disease.

According to the World Health Organization estimates, released in December 2016, there were 383000 deaths due to asthma in 2015.

According to National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP), stated that in America, each year 6 in 10 adults have a chronic disease whereas 4 in 10 adults have two or more chronic diseases in the U.S.

According to Centers for Disease Control and Prevention (CDC), stated that in the U.S., each year about 610,000 people die due to heart diseases.

According to Centers for Disease Control and Prevention (CDC), stated that in America, each year about 735,000 people have a heart attack

With the increasing prevalence of chronic diseases the demand for the development and innovation of drugs and devices are increasing. This growing demand has provided an opportunity for the pharmaceutical companies to focus on introducing various products in the market in order to meet the rising demand for targeted drug delivery systems.

For instance, in 2016, Intuitive Surgical and Fosun Pharma agreed to establish a joint venture for the researching, developing, manufacturing and selling the robotic assisted catheter-based medical devices. This would help in producing the products which help in targeting the early diagnosis and cost-effective treatment of the lung cancer.

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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
6.1 OVERVIEW 6.2 INSTRUMENTS 6.3 ROBOTIC SYSTEMS 6.4 ACCESSORIES AND SERVICES

7 GLOBAL SURGICAL ROBOTS MARKET, BY BRANDS
7.1 OVERVIEW 7.2 DA VINCI SURGICAL SYSTEM 7.3 CYBERKNIFE 7.4 RENAISSANCE 7.5 ARTAS 7.6 ROSA 7.7 OTHERS

8 GLOBAL SURGICAL ROBOTS MARKET, BY APPLICATION
8.1 OVERVIEW 8.2 GENERAL SURGERY 8.3 UROLOGICAL 8.4 GYNAECOLOGICAL 8.5 GASTROINTESTINAL 8.6 RADICAL PROSTATECTOMY 8.7 CARDIOTHORACIC SURGERY 8.8 COLORECTAL SURGERY 8.9 RADIOTHERAPY 8.10 OTHERS

9 GLOBAL SURGICAL ROBOTS MARKET, BY GEOGRAPHY

10 GLOBAL SURGICAL ROBOTS MARKET, COMPANY LANDSCAPE

11 COMPANY PROFILE

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