Surgical Robotics Market Size & Share is Expected to Reach $98,737.0 Million by 2024 at a CAGR of 8.5%

The future growth study of top industry players operating in the global surgical robotics market includes

• 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.

Download COVID-19 Impact Analysis on the Surgical Robotics Market @ https://www.alliedmarketresearch.com/request-for-customization/852?reqfor=covid

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 factors driving the growth of the surgical robotics market is the increasing need for automation in the healthcare industry and the shifting trend towards advanced robotic surgeries. However, the high cost associated with surgical robotic surgeries & robotic systems will hamper market growth. Additionally, dearth of trained healthcare professionals impede the growth of the surgical robotics market. Moreover, untapped economies such as Brazil, India, China, and other developing economies will create lucrative opportunities in the surgical robotics market.

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 system’s performance. The services segment would exhibit the fastest growth rate, registering a CAGR of 15.7% during the forecast period.

The global surgical robotics market was valued at $56,294.9 million in 2017, and is expected to reach $98,737.0 million by 2024 at a CAGR of 8.5% during the forecast period. Robotic surgery is a type of minimally invasive surgery which utilizes robotics for performing surgical procedures. These robotic systems are operated by surgeons and consists of miniaturized surgical instruments which are mounted on robotic arms, thus allowing surgeons to perform the surgeries precisely.

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 SURGICAL ROBOTICS MARKET OVERVIEW

3.1 Surgical robotics 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

3.7.1 Drivers
3.7.2 Restraints
3.7.3 Opportunities

CHAPTER 4 WORLD SURGICAL ROBOTICS MARKET, BY COMPONENT

4.1 Overview

4.1.1 Surgical robotics 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 Accessories

4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

4.4 Services

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 Overview

5.1.1 surgical robotics 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 Neurosurgery

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

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Read More @ https://www.alliedmarketresearch.com/Surgical-Robotics-market

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.