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Robotic Surgery Systems Market Latest Trends, Technological Advancement, Driving Factors and Forecast to 2025

06-28-2022 01:04 PM CET | Health & Medicine

Press release from: Fairfield Market Rresearch

Robotic Surgery Systems Market

Robotic Surgery Systems Market

The robotic surgery systems market across the globe is prospering with unprecedented value and utility of automation in medical practices along with intricate surgical procedures. The accelerated adoption of minimally invasive surgeries alongside contemporary surgical applications boosted the demand for surgical robots. Radical medical tech changes have led to the development of state-of-the-art 3D imaging, motion sensors, high-definition microscopic cameras, and robotic-controlled catheters that enhance the efficacy of surgical processes.

Thus, this has paved the way for robotic surgery systems market expansion. Projection further points out that the market will continue to provide lucrative opportunities, owing to the favorable policies and FDA approvals. Consistent applications, explorative configurations, and approaches to assist robotic surgery are imperatives for its continued growth.

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As the market begins to scale up further, the medical industry is rapidly advancing towards the adoption of cutting-edge technologies. These advancements in medical technologies, the entrance of best-practice players, and increased preference for minimally invasive methods have parlayed perpetual growth across the global robotic surgery market.

Cutting-edge Developments in Medical Technology, Ameliorating Demand for Robotic Surgery Systems Reap Significant Gains Across Market

Lately, the medical industry has witnessed a shift from conventional surgical procedures to robotic surgery systems to perform operations on patients. Being minimally invasive, these surgical robots provide faster recovery and consume less time as compared to open surgeries. The rising prevalence of cardiovascular diseases has given a boost to cardiopulmonary and coronary artery bypass grafting (CABG) surgeries, consequently, ascending the demand for robotic-assisted surgery systems.

Lower complication probabilities, precise incisions, tremor-free surgery, lesser cuts, reduced pain, faster recovery timespans, and significant cost savings are expected to steer the demand for these robotic surgery systems. Furthermore, the increased penetration of surgical robots in ambulatory surgery centers (ASCs) in surgical, diagnostic, and preventive processes is pushing surgical robots toward a new paradigm of application.

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Presence of Key Players, Robust Investments is Propelling Growth Across North America

North America is anticipated to hold a lion's share in the worldwide robotic surgery systems market. In the U.S. presence of major market players, robust funding for research and development are prominent growth factors. High-tech advancements in robotic-assisted surgery systems, and the rising prevalence of chronic diseases, are further fueling the demand in the region. The widespread application of surgical robots in regions such as Canada and the U.S. is attributed to pediatric surgeries and general surgery procedures.

Besides, the Asia Pacific and Europe are predicted to observe remarkable two-digit growth by the end of the forecasted period.

Staunch Players Operating in the Robotics Surgery Systems Market

World over, Intuitive Surgical is pioneering the robotic surgery system market empowered by its robust intellectual property portfolio. On the contrary, there are various other players as well who are paving their way to fruition across the global surgical robot market.

Companies steering the market growth are Accuray Inc., Corindus Vascular Robotics, FreeHand 2010 Ltd, AVRA Surgical Robotics, Inc, Virtual Incision Corporation, TransEnterix, Varian Medical Systems, Elekta Company, Medtronic, Renishaw, Hyundai Heavy Industries, Hansen Medical, Inc., Stryker, Mazor Robotics, Ltd., Medrobotics Corporation, Restoration Robotics, Think Surgical, and Immersion Corporation, and Titan Medical Inc. among others

Moreover, players are opting for successive merger strategies amongst the top robotic companies and third-party vendors to gain a competitive edge over others and develop new surgical applications.

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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values and eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

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