Global Robotic Surgery Market to grow at a CAGR of 11.34% during 2016-2020

About Robotic Surgery

Robotic or computer-assisted surgery was primarily developed to help doctors perform minimally invasive surgery - operations carried out through a small incision in the skin and requiring little to no stitches or staples to close. In robotic surgery, doctors precisely manipulate miniature tools attached to a robotic arm using a console and video monitor, instead of directly operating on a patient. Minimally invasive procedures help reduce hospital stays, pain, and scarring thereby facilitating faster recovery and reduced hospital stays. Robotic surgeries are accurate and precise. They help to avoid damage to nerves or soft tissues, resulting in significantly less pain, the risk of infection, blood loss, scarring, and recovery time for patients. A rise in robotic procedures being conducted in hospitals also propels market growth.

Technavios analysts forecast the global robotic surgery market to grow at a CAGR of 11.34% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global robotic surgery market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of robotic surgical systems, instruments, accessories, and service support to key end-users such as hospitals and ambulatory surgical centers (ASCs).

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

Technavio's report, Global 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.

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Key vendors
Auris Surgical Robotics
Intuitive Surgical
Stryker
Titan Medical

Other prominent vendors
Accuray
Aesynt Inc
AVRA Surgical Robotics
Cambridge Medical Robotics
IMRIS
IRobot
Johnson & Johnson
Kirby Lester
MAZOR Robotics
Medrobotics
MedTech
Medtronic
NovaTract Surgical
Olympus
OmniGuide Holdings
Smith & Nephew
Stereotaxis
TransEnterix
Verb Surgical
Verily Life Sciences

Market driver
Limitations in traditional/conventional surgeries fuels adoption of robotic surgical platforms
For a full, detailed list, view our report

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

Market trend
Growing focus toward development of low-cost robotic surgical systems
For a full, detailed list, view our report

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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