Surgical Robotics Market – Industry Size, Development Strategy, Historical Analysis, Competitive Landscape And Forecast to 2027

The Global Surgical Robotics Market is projected to reach USD 9.59 billion in 2027. Rise in automation in the healthcare sector, high demand for minimally invasive treatments, and adoption of advanced technology in both developed and developing economies are expected to boost the surgical robotics and navigation market growth. The major reason for non-compliance of surgical procedures is pain assisted with invasive method. To acquire the major user acceptance market players in surgical robotics and navigation market are more focused in developing non-invasive and portable robotic platform.

The market intelligence report is one of the first studies to scrutinize the present market situation with respect to the COVID-19 outbreak. Since the outbreak, the global business sector has been grappling with various adverse financial consequences. The pandemic has affected nearly all segments of the Surgical Robotics market, further stifling the developmental scope of various manufacturers and buyers engaged in this particular sector. The report analyzes the drastic impact of the pandemic on this business sphere. Thus, the report studies the shifting dynamics of this market to gauge the profits earned or loss suffered by the different regional segments.

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Further key findings from the report suggest

• Ambulatory care centers for its highest amount of usage and extensive proliferation of the new ASCs in the developed countries are the factors driving the market growth substantially.
• In February 2020, Midland Health had partnered with local neurosurgeons and Midland Memorial Hospital for providing small-cut robot-assisted spine surgery. The Mazor X Stealth Robotic Navigation system was used in the operation as it helps with image-based pre-operative analytics and provides intra-operative guidance during surgery.
• Medtronic has acquired in 2018 Mazor Robotics in a robot-assisted surgery platform. Medtronic, acquisition was to develop fully-integrated surgical planning, to unite spine technologies with Mazor robotic system. Mazor X has received 510(k) clearance from the FDA, Mazor X and Stealth are used together in the robotic-assisted surgery.
• Key players in the market include Medrobotics, Procept BioRobotics, Verb Surgical, DePuy Synthes, BrainLab, Titan Medical, Zimmer Biomet, Globus Medical, Auris Health, TransEnterix, Globus Medical, CMR Surgical, Getinge, Blue Belt Technologies, and ELMED Medical, among others.

Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Surgical Robotics Market on the basis of Product Type, Applications, End Use and region:

• Type Outlook (Revenue: USD Billion; 2017-2027)
o Neurosurgery
o Spinal surgery
o ENT Surgery
o Orthopedic Surgery
o Robotic Radiosurgery System
o Others
• Applications Outlook (Revenue: USD Billion; 2017-2027)
o Pediatrics
o Adults
o Geriatrics
• End Use Outlook (Revenue: USD Billion; 2017-2027)
o Hospitals
o Ambulatory Care Centers
o Others
Regional Segmentation:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Global Surgical Robotics Market Report – Key Takeaways:

• The latest research report analyzes the changing competitive scenario.
• The report carries an unbiased perspective towards the global market performance.
• The study presents an eight-year assessment of the global market and its principal product segments.
• Market dynamics, such as drivers, opportunities, restraints, and threats, have been discussed in the report in detail.
• The analytical data and strategic planning methodologies are expected to aid businesses in decision-making
• The report serves as an exhaustive regional analysis of the global Surgical Robotics market, systematically presenting the business profiles of various stakeholders.
• Furthermore, the report provides valuable data about the critical factors influencing market progress.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Surgical Robotics Market Segmentation & Impact Analysis
4.1. Surgical Robotics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Higher accuracy & precision in surgery
4.2.2.2. Growth in minimally invasive surgical system
4.2.2.3. Technological advancement
4.2.3. Market restraints analysis
4.2.3.1. Mechanical Failures associated with surgeries
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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