According to a new report published by Allied Market Research, titled, “Surgical Robotic Systems Market: Global Opportunity Analysis and Industry Forecast, 2019-2027” The surgical robotic systems market size was valued at $ 5,341.0 million in 2019, and is expected to reach $ 15,010.3 million by 2027 at a CAGR of 13.7% during the forecast period.

Robotic surgery is a minimally invasive type of surgery that uses robotics to perform surgical procedures. Such robotic systems are operated by surgeons and are made of miniaturized surgical instruments placed on robotic arms, allowing surgeons to conduct the operation accurately.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐨𝐮𝐜𝐡𝐞𝐫:

The increasing need for automation in the healthcare sector and growing demand for minimally invasive surgeries are the major factors driving the surgical robotic systems and procedures market. In addition, a rise in incidences of colorectal cancer, neurological disorders, gynecological diseases among others, is expected to boost the adoption of robotic surgical systems. Surgical robotic systems offer less post-surgical complications and reduce labor cost. Due to this, large-scale hospitals based in developed and developing economies are now favoring automate surgical/hospital services, which ultimately drives the market growth. On the other hand, high cost associated with surgical robot’s procedures and accidental death/injuries due to broken instruments and system errors are projected to hinder the surgical robotic systems market growth.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲:

North America accounted for the highest revenue generating region in terms of revenue, in 2019 with around 52.9% share of the global surgical robotic systems market. The market growth in North American region is supplemented by rapid technological advancements, increase in investments in R&D activities, rise in patient pool and widening scope of applications. However, Asia-Pacific would emerge as the leading region during the forecast period by registering a CAGR of 14.4%. This is mainly attributed to the impending need for sophisticated healthcare facilities and rising incidence of gynecological diseases and others.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:

  • The study provides an in-depth analysis of the global surgical robotic systems market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • A comprehensive analysis of the factors that drive and restrict the surgical robotic systems market growth is provided in the report.
  • The surgical robotic systems market forecast is studied from 2020 to 2027.
  • Comprehensive quantitative analysis of the industry from 2019 to 2027 is provided to enable the stakeholders to capitalize on the prevailing surgical robotic systems market opportunities.
  • Extensive analysis of the key segments of the surgical robotic systems industry helps to understand the application and products of surgical robotics that are used across the globe.
  • Key market players and their strategies have been analyzed to understand the competitive outlook of the surgical robotic systems market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:

This market has numerous players, some of the key players are Surgical, Inc., Stryker Corporation, Titan Medical Inc., Transenterix, Inc., Johnson & Johnson, Globus Medical, Inc, Medtronic Plc., Siemens Ag (Siemens Healthineers), Smith & Nephew and Zimmer Biomet Holdings Inc.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Membrane Chromatography Market:

Healthcare Interoperability Solutions Market:

Surgical Drains Market

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

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