openPR Logo
Press release

Increasing Adoption of Advance Technological Procedures in Surgery: Positive Impact on Robotics Surgery Industry

08-05-2021 04:05 PM CET | Health & Medicine

Press release from: AllTheResearch

Robotic surgery is a non-invasive surgical procedure which is performed using a robotic-arms, surgeons console and a monitor equipped with tools and software. The robotic arms are equipped with the required instruments and accessories to perform the surgery. The robotic surgery is majorly performed for general surgeries such as bariatric surgery, hernia repair, gastrectomy; orthopaedic surgery, gynaecological surgery, urological surgeries, and neurosurgery. Currently, around 85% of the prostatectomies are performed using robotically assisted minimally invasive surgeries in the US.

According to AllTheResearch The Robotic Surgery Market was valued at USD 4.1 billion in 2018 and is expected to reach USD 8.2 billion in 2026, growing at a CAGR of 9.6% during the forecast period.
Growing adoption of advance surgical options, increasing incidence of chronic diseases and growing demand for non-invasive surgical options drive the growth of the Robotic surgery market. The global robotic surgery market was valued at USD 4.1 billion in 2018 and is expected to reach USD 8.2 billion in 2026, growing at a CAGR of 9.6% during the forecast period.

Robotic Surgery Market Segmentation

BY Component:

Instruments & Accessories
Robotic Systems
Services
By End User

· Hospitals

· Ambulatory Surgical Centers

By Application

· General Surgery

· Orthopedic Surgery

· Gynecological Surgery

· NeuroSurgery

· Urological Surgery

· Other Surgery

Get Sample Copy of Robotic Surgery Market- https://www.alltheresearch.com/sample-request/220

North America accounted for nearly 35% share of the robotic surgery market in 2018 and is expected to dominate the market throughout the forecast period followed by Europe. The growth of this region is attributed to the early adoption of advanced tools and technology in the healthcare sector, favorable government regulations and increasing incidences of chronic diseases which needs surgical procedures as a treatment option. While Asia Pacific region is expected to grow at the fastest CAGR owing to the high patient’s population, increasing government initiatives to improve healthcare infrastructure in developing economies and growing collaboration of western companies with local manufacturers to develop new tools at low cost.

Company Profiles and Competitive Intelligence:

The major players operating in the global robotic surgery market are Intuitive Surgical (US), Stryker (US), and Mazor Robotics (US). Other players involved in this market are Hansen Medical (US), Smith & Nephew (UK), THINK Surgical (US), Medrobotics (US), Medtech (France), Renishaw (UK), and. TransEnterix (US), among others.

Recent News of Robotic Surgery Market:

In August 2021, Meitra Hospital launched robotic joint replacement surgery in South Asia.
In July 2021, Integrity Implants merged with Fusion Robotics. The combined company re-branded as “Accelus” and this merger happened with aim to accelerate the adoption of minimally invasive surgery as the standard of care in spine.
In October 2019, Siemens Healthineers completed the acquisition of Corindus to enter into advance therapy business. Corindus has robotic system for endo-vascular coronary and peripheral vascular interventions which is approved by the US FDA and also CE marked.

Contact Name: Rohan S.
Email: contactus@alltheresearch.com
Phone: +1 (407) 768-2028

AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realize, that it's not just sheer data points, but the right analysis that creates a difference. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Increasing Adoption of Advance Technological Procedures in Surgery: Positive Impact on Robotics Surgery Industry here

News-ID: 2347890 • Views: 288

More Releases from AllTheResearch

Demand for 5G Antenna Market to Witness Rapid Surge During the Period 2021-2027
5G Antenna Market by Type (Switched Multi-Beam Antenna, Adaptive Array Antenna); by Technology (SIMO, MISO, MIMO); by Application (Mobile Phones, Factory Automation, IoT, Connected Vehicles, Others); and by Region (North America, Europe, Asia Pacific, Latin America, MEA); - Global Forecasts 2021 to 2027 The Global 5G Antenna Market is an emerging market in the present years. The report covers the present and past market scenarios, market development patterns, and is likely
AI Sensors Market to Grow at CAGR of 36.5% Through 2021 to 2027
AI Sensors Market by Type (Case-based Reasoning, Ambient-intelligence, Neural Networks, Inductive Learning, Other); by Application (Biosensor, Health Monitoring, Maintenance and Inspection, Human-computer Interaction, Others); and by Region (North America, Europe, Asia Pacific, Latin America, MEA); - Global Forecasts 2021 to 2027 AI Sensors Market was valued at USD 15.6 Billion in 2020 and is expected to reach USD 138.5 Billion by 2027, with a growing CAGR of 36.5% during the forecast
Last Mile Delivery Market Will Expand at CAGR of 18.9% by 2027
Last Mile Delivery Market by Vehicle (Light Duty Vehicle, Medium Duty Vehicle, Heavy Duty Vehicle), by Cargo (Dry Goods, Postal, Liquid Goods), by End User (Chemical, Pharmaceutical and Healthcare, FMCG, E-Commerce) by Region (North America, Europe, Asia-pacific, Rest of the World): Global Forecasts 2021 To 2027. The global Last Mile Delivery Market was valued at USD 18.7 Bn in 2020, and it is expected to reach USD 62.7 Bn by 2027,
Advanced Tire Market Will Expand at CAGR of 19.1% by 2027
The latest market research report “Advanced Tire Market By Material type (Natural Rubber, Synthetic Rubber, Steel, Elastomers, Others); By Type (Pneumatic Tires, Run Flat Tires, Airless Tires); By Technology (Chip Embedded Tires, Self-Inflating Tires, Multi Chamber Tires, All In One Tires); By Vehicle Type (Light Duty Vehicles, Heavy Duty Vehicle, Agricultural Tractors, Construction & Mining Equipment, Industrial Equipment); By Region, Opportunity Analysis and Industry Forecast, 2021–2027” published by AllTheResearch, features

All 5 Releases


More Releases for Surgery

Surgery Conference
5th International Surgery and Surgeons Meet will be organized on June 26-27,2019 in New York, USA. The conference highlights the theme “Disseminating advance research and Innovative Technology in the field of Surgery”. Surgeons Meet 2019 aims to gather leading surgeons, eminent scientists, research scholars, students along with industrial and pharmacy professionals to express their views on the latest technologies for future Surgery research. The event is designed in a way
Eyelid Surgery in Bangalore
Blepharoplasty or Eye Surgery is the surgical treatment to correct either of droopy eyelids or puffy under eye areas. If we talk of the specifics which eye surgery or blepharoplasty can help us with, the uses would be the following: ● Contouring and tightening the sagging skin, usually of the upper eyelid ● Removal of the fatty deposits in the under eye region which result in puffiness ● Eye bags which are there but devoid of
Surgery Conference 2018
After the successful conference of Surgical Nursing and Nursing Education 2017, Conference Series Ltd is bringing forward another conference on 28th Surgical Nursing and Nurse Education Conference (Surgical Nursing 2018) which is scheduled on August 08-09, 2018 at Osaka, Japan with a theme of “Innovative Innovations towards Surgical Nursing and Nurse Education”. The conference invites all the participants across the globe to attend and share their insights and convey recent
The Hospital undergoing surgery
Gustavo Frickle Hospital is a new 92,000 sqm building in Viña del mar, Chile. This modern 11-storey structure with 554 rooms, clinical wards and an heliport, will be inaugurated in March 2017. Providing patients and medical personnel with ideal temperature and humidity conditions as well as huge amount of sanitary hot water, achieving these with reduced acoustic emissions and highest efficiency, are the key challenges for the HVAC system of the
ESMR over surgery
ESMR - A world class treatment for the first time in India, a breakthrough in management of Refractory Angina Pectoris with end-stage coronary Artery Disease not Suitable for Revascularization.ESMR therapy is a new non invasive therapy approach using Extracorporeal Shockwave technology for Myocardial Revascularization.ESMR in india,Non invasive Cardiac Angiogenesis therapy,Non invasive bypass treatment,ESMR therapy.Chennai hospital introduces one more life saver in cardiac treatments first of its kind in india,Extra Corporeal
Abdominoplasty surgery
Hande hospital was started in 1984 by Dr. H. V. Hande, former Health Minister, Govt of Tamilnadu. Dr.Hande has been (and continues to be) in practice for the past 52 years in India at Chennai. Hande Hospital at chennai in india has recently been expanded into a 50 bed hospital performing laproscopic, cosmetic surgery and master health checkup, being run by Dr. H.Krishna Hande MS.,FRCS.,MCH (Plastic) FMMC. Who