Robotic Surgeries Market Trends, Size, Forecast - 2019-2025

Robotic surgeries are technological developments that use robotic systems for assisting in surgical procedures. Robot-assisted surgeries are developed for enhancing the capabilities of surgeons that perform open surgery. The global robotic surgeries market is estimated to grow at a considerable rate during the forecast period. Increasing R&D activities in order to enhance healthcare services is one of the major factors contributing to the growth of the global robotic surgeries market. In addition, large patient pools will surge the demand for robotics in surgical procedures in developed as well as developing companies. Additionally, an increasing number of surgeries due to rising chronic diseases globally will further give a boost to the growth of the global robotic surgeries market.

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However, due to high capital cost and low investment, affordability in low-income economies is difficult, which as a result acts as a barrier for the adoption of robot-assisted surgeries. In addition, the lack of high skilled labor further represents another major challenge in the global robotic surgery market. Despite these challenges, factors such as increasing demand for minimally invasive surgeries will result in the development of technologically advanced surgical robots, which in turn, will create ample opportunity for the growth of the global robotic surgeries market during the forecast period. For instance, in 2018, Intuitive Surgical launched da Vinci single-site technology that provides multiport, single-incision surgical procedures, thereby enhancing its acceptability among physicians and patients.

The global robotic surgeries market is segmented on the basis of end-user and application. Robotic surgeries are widely adopted in the different end-user industry such as hospitals and clinics, research institutes, and ambulatory surgical centers. Among these, hospitals and clinics segment is expected to contribute a significant share in the overall market. The factor contributing to the segmental growth of the market include an increasing number of surgeries owing to the rising prevalence of chronic diseases. Surgical robots offer precision and improve the quality of surgery; hence, reduce the hospital stay of the patients. Further, on the basis of application, the market is segmented into ophthalmology surgery, cardiovascular surgery, neurovascular surgery, oncology surgery, and others.

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Robotic Surgeries Market Segmentation

By Application
• Ophthalmology surgery
• Cardiovascular surgery
• Neurovascular surgery
• Oncology Surgery
• Others (Urology, and ENT surgery)

By End-User
• Hospitals and Clinics
• Research Institutes
• Ambulatory Surgery Centers

Regional Analysis
• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• Accuray Inc.
• Corindus, Inc.
• Globus Medical, Inc.
• Intuitive Surgical, Inc.
• Johnson & Johnson (Auris Health Inc.)
• KUKA AG
• Medrobotics Corp.
• Medtronic PLC (Mazor Robotics Ltd.)
• Meerecompany, Inc.
• Renishaw PLC

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