Press release
Surgical Robots Market Worldwide Prospects, Share, Crucial Players, Size, Competitive Breakdown and Regional Forecast
Scope of the Surgical Robots MarketThe primary focus of the market is to provide a comprehensive analysis of the Surgical Robots Market with corresponding stats, diagrams, and factual information. This includes qualitative and quantitative analysis such as SWOT analysis, PEST analysis, and Porter’s five force analysis. The report profiles key players in the market and offers detailed insight into their product portfolio, manufacturing plants, revenue generation, geographical presence, key developments, and growth strategies. It also offers key insights into market segmentation on regional as well as country level.
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Increasing demand for minimally invasive surgeries is expected to fuel growth of the surgical robots market in the near future.
Advancements in surgical products and technologies has led to shift from conventional surgeries to minimally invasive surgeries. The usage of robotic technology conducting minimally invasive surgeries has brought significant changes in surgical procedures. Surgical robots aid in making smaller incisions, leading to low blood, and quick recovery of patients with shorter hospital stays. In addition to this, surgical robots enhance the accuracy and precision in surgical procedures and are able to easily reach under soft tissues to operate on organs that otherwise require an open surgery. Therefore, these are ideal in minimally invasive surgeries, which is expected to be a factor driving growth of the surgical robotics market.
Increase in the surgical procedures are expected to support the growth of the surgical robots market. In 2015, according to National Centre for Biotechnology Information, in the U.S., around 175,000 umbilical hernia repairs are performed each year. The share of umbilical and paraumbilical hernia repairs among all repairs for abdominal wall hernias increased from 5% to 14% in the U.K. over the last 25 years.
Furthermore, increasing regulatory approvals supports the growth of surgical robots market. For instance, MEDTECH, a company based in France received a Food and Drug Administration clearance in 2016, to introduce its ROSA Spine system for performing minimally invasive procedures on the spine, which supports the growth of surgical robots market in near future.
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Major Players Are - Intutitive Surgical, Think Surgical, TransEnterix, Zimmer Biomet, Stryker Corporation, Smith & Nephew, and Medrobotics Corporation.
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