Global Gynecology Robotic Surgery Market is anticipated to grow at a CAGR of 10.07% during 2016-2020

Albany, NY, Dec 15: At present, the market is dominated by Intuitive Surgical due to its da Vinci surgical system, though there is intense competition between Titan Medical that developed the SPORT surgical system and Intuitive Surgical. Titan Medical has a high market share in Europe, and it is expected to penetrate the US market by mid-2017 by getting approval for its SPORT surgical system. TransEnterix has developed the ALF-X robotic surgical system, which it acquired in September 2015 through the acquisition of a robotic division of SOFAR S.p.a worth $99.8 million. The company also developed TELELAP ALF-X surgical robotic system, a CE-marked device available in Europe.

The global gynecology robotic surgery market to grow at a CAGR of 10.07% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global gynecology robotic surgery market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales various robotic platforms used for gynecology applications.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Gynecology Robotic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Intuitive Surgical
- Titan Medical
- TransEnterix

Other prominent vendors
- AVRA Surgical Robotics
- NovaTract Surgical
- OmniGuide Holdings

Market driver
- Increasing gynecological diseases in older women
- For a full, detailed list, view our report

Market challenge
- High cost and maintenance of robotic platform
- For a full, detailed list, view our report

Market trend
- Competitive pricing to increase market adoption
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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