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Surgical Robots Market to Perceive Excellent CAGR of 18% by 2030, Growth Rate, Emerging Trends, Development Status and Revenue
Surgical Robots Market survey report includes the most important market insights that progress the business to the next level of growth and success. The market factors can be listed as; emerging trends, product usage, motivating factors for customers and competitors, market restraints, brand positioning, and customer behaviour. In market document, industry trends are put together on macro level which helps businesses understand market landscape and possible future issues. Market parameters covered in the best Surgical Robots Market report mainly range from market definition, currency and pricing, market segmentation, market overview, premium insights, key insights to company profile of the key market players.The increasing incidence of degenerative bone diseases and the growing number of hip and knee replacement surgeries are enhancing the demand for surgical robots. Major market players use this approach to develop a micromanipulator for minimally invasive neurosurgery. Additionally, the growth in the acceptance of surgical robots and the increase in funding for medical robot research are further expected to increase the growth of the surgical robot market.
Data Bridge Market Research analyses that the global surgical robots market, which was USD 4.4 billion in 2022, is expected to reach USD 16.54 billion by 2030, at a CAGR of 18% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Visit full Study Report @ https://www.databridgemarketresearch.com/reports/global-surgical-robots-market
Surgical robots are computer-controlled devices for minimally invasive (MI) and laparoscopic procedures. They can perform tough surgeries by mimicking the physician's hand movements with miniature surgical devices that can fit through small incisions. Compared to traditional operations, these robots offer a faster recovery time, less post-operative discomfort, and a minimized risk of infection and scarring. These robotics has recently been used in minimally invasive surgeries.
Surgical Robots Market Dynamics
Drivers
Rise in Regulatory Approvals for Surgical Robots
Increasing regulatory approvals for surgical robots is a factor boosting market growth. For instance, in 2019, Intuitive Surgical Inc's Ion robotic surgical system received 510(k) FDA clearance. Additionally, the growing adoption of assisted surgeries such as hysterectomies, consistent approvals from authorizations, and the consistent investments of manufacturers and R&D activities in automated robotic systems are key factors supporting market growth. Thus, this factor boosts market growth.
Increasing Usage of Automated Robotic Instruments
The growing use of automated robotic instruments in brain surgeries is also a factor that is expected to drive the segment. As per an article published by Robotics Industries Association (RIA), robotic assistance and 5G technology were widely used to perform brain surgery in 2019. Such activities show a potential growth of neurosurgery and are anticipated to drive market growth.
Some of the major players operating in the global surgical robots market are:
Intuitive Surgical Inc (U.S.)
Stryker (U.S.)
Medrobotics Corporation (U.S)
Johnson & Johnson Private Limited (U.S.)
Globus Medical (U.S.)
NuVasive Inc. (U.S.)
Smith + Nephew (U.K.)
Titan Medical Inc (Canada)
TransEnterix Inc (U.S.)
University of Pittsburgh Medical Center (U.S.)
Mazor Robotics (Israel)
Auris Health Inc. (U.S.)
Corindus Inc. (U.S.)
Renishaw plc (U.K.)
Medineering GmbH (Germany)
Medtronic (Ireland)
Renishaw plc. (U.K.)
Preceyes BV (Netherlands)
MicroSure (Netherlands)
avateramedical GmbH (Germany)
Siemens (Germany)
Global Surgical Robots Market Scope
The global surgical robots market is segmented on the basis of product type, brands, application and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Instruments
Robotic Systems
Accessories and Services
Brands
DA Vinci Surgical System
CyberKnife
Renaissance
Artas
ROSA
Others
Application
General Surgery
Urological
Gynaecological
Gastrointestinal
Radical Prostatectomy
Cardiothoracic Surgery
Colorectal Surgery
Radiotherapy
Others
End-Users
Clinic
Hospital
Ambulatory Care Centers
Others
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About Data Bridge Market Research, Private Ltd
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.
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