Robotic Surgery Services Market Latest Trends, Demands and Huge Business Opportunities 2022-Stryker Corporation; Medrobotics Corporation; Johnson & Johnson

The MarketInsightsReports has added a new statistical data to its repository titled as, Robotic Surgery Services Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. This market report is a detailed study on the growth, investment opportunities, market statistics, growing competition analysis, major key players, industry facts, important figures, sales, prices, revenues, gross margins, market shares, business strategies, top regions, demand, and developments.

The global robotic surgery services market is expected grow from $0.57 billion in 2020 to $0.75 billion in 2021 at a compound annual growth rate (CAGR) of 31.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.49 billion in 2025 at a CAGR of 19%.

Top Companies in the Robotic Surgery Services Market- Stryker Corporation; Medrobotics Corporation; Johnson & Johnson; Globus medicals and other.

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Market overview
The global surgical robotics market based on component is bifurcated into systems, accessories and services. Accessories dominated the global surgical robotics market in terms of revenue owing to the wide usage of accessories per surgical procedure.The growing demand for accurate and proper laparoscopic surgeries, with rising requirements for surgical procedures in the geriatric population and mounting cases of trauma injuries, are the major factors in driving and managing the growth of this market.

Robot-assisted surgery has been quickly expanded due to increasing opportunities for minimally invasive surgery across the surgical domains. As robotic surgery approaches a decade of commercial use, the market is diversifying, and novel surgical modalities with the new technology, decreased costs, and smaller size are becoming available.

Intuitive Surgical has dominated the robotic surgical market and maintained a considerable market share for a significant period of time. With original da Vinci patents now expiring, the stage is now set for an exponential increase in robotic system development. The newer systems seek to improve on the da Vinci model through three main avenues: novel technology, reduced cost, and size reduction.

Robotic surgery has been rapidly adopted by hospitals in the US and Europe for use in the treatment of a wide range of conditions. The most widely used clinical robotic surgical system includes a camera arm and mechanical arms with the surgical instruments attached to them.

Industry news

On October 2019 Corindus Vascular Robotics Inc., a leading developer of precision vascular robotics was acquired by Siemens Healthineers AG, a German conglomerate of medical technology offering wide range of products in the fields of diagnostic and therapeutic imaging, laboratory and point of care diagnostics, and molecular medicine for an amount of USD 1.1 billion the main aim of this acquisition is to optimize the procedures and to increase the clinical outcomes by collaborating each other�s technologies, it also opens a new market for Siemens.

Global Robotic Surgery Services Market Split by Product Type and Applications:

By Application: General Surgery; Urological Surgery; Gynecological Surgery; Orthopedic Surgery; Neurosurgery; Other Applications

 By End-User: Hospitals; Ambulatory Surgery Centers (ASCs)

Regional Analysis
The robotic surgical procedures market size in North America stood at USD 4.08 billion in 2019. The dominance of the region is attributable to the higher prevalence of chronic diseases, surging adoption of advanced devices, and the presence of favorable reimbursement policies for robotic surgical procedures in the U.S. and Canada. Europe is anticipated to register a significant CAGR during the forecast period owing to the increasing number of patients with urological and orthopedic disorders. In addition, the launch of advanced surgical systems in the European market is estimated to further enhance the growth.

Browse Full Report at: https://www.marketinsightsreports.com/reports/05182898607/robotic-surgery-services-global-market-report-2021-covid-19-growth-and-change-to-2030-including-1-by-application-general-surgery-urological-surgery-gynecological-surgery-orthopedic-surgery-neurosurgery-other-applications-2-by-end-user-hospitals-ambulatory-surgery-centers-ascs-covering-intuitive-surgical-inc-stryker-corporation-medrobotics-corporation-johnson-johnson-globus-medicals?Mode=126

Major Points Covered in Table of Contents:

– Overview of Robotic Surgery Services Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

Finally, the Robotic Surgery Services Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Robotic Surgery Services Industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation

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