Press release
Robotic Surgery Devices Market 2021 Analysis by Top Manufacturers – Intuitive Surgical Inc., Stryker, Accuray, Medtronic Inc.
The Global Robotic Surgery Devices Market Report provides a study with an in-depth overview, describing the product/industry scope and elaborates market outlook and status (2021-2030). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global Robotic Surgery Devices market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.The global robotic surgery devices market reached a value of nearly $4,750.6 million in 2020, having increased at a compound annual growth rate (CAGR) of 11.6% since 2015. The market is expected to grow from $4,750.6 million in 2020 to $9,178.1 million in 2025 at a rate of 14.1%. The market is then expected to grow at a CAGR of 15.4% from 2025 and reach $18,792.5 million in 2030.
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Top Companies in the Global Robotic Surgery Devices Market: Intuitive Surgical Inc.; Stryker; Accuray; Medtronic Inc.; Zimmer Biomet Holdings
Market Overview:
The robotic surgery devices market is segmented by product and service type into robotic systems, instruments and accessories and services. The instruments and accessories market was the largest segment of the robotic surgery devices market segmented by product and service type, accounting for 51.6% of the total in 2020. Going forward, it is also expected to be the fastest growing segment in the robotic surgery devices market segmented by product and service type, at a CAGR of 16.2% during 2020-2025.
The robotic surgery devices market is segmented by surgery type into general surgery, urological surgery, gynaecological surgery, orthopaedic surgery, neurosurgery and other applications. The general surgery market was the largest segment of the robotic surgery devices market segmented by surgery type, accounting for 29.9% of the total in 2020. Going forward, it is also expected to be the fastest growing segment in the robotic surgery devices market segmented by surgery type, at a CAGR of 15.7% during 2020-2025.
The global robotic surgery devices market is segmented by region into Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. North America was the largest region in the global robotic surgery devices market, accounting for 63.8% of the total in 2020. It was followed by Western Europe and Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the robotic surgery devices market will be Africa, and Eastern Europe, where growth will be at CAGRs of 32.8% and 22.6% respectively. These will be followed by South America, and Asia Pacific where the markets are expected to grow at CAGRs of 21.0% and 17.7% respectively.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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