Business Synopsis of Global Surgical Robots Market:
Robotic surgery is the modern way of surgery which involves the use of surgical robots. To enhance the performance and increase the success rate of surgery the robots are used. There are many advantages of robotic surgery over traditional open surgery like more accuracy, less pain, small insertions and many more. Increasing automation in healthcare sector and increasing demand for the minimally-invasive surgeries and more advances robotics has led to growth of this market across the globe. Beside this increasing incident of cancer, different neurological disorders and many more diseases has provided fuel for the growth of the market. While high cost of surgical robots, risks associated with the robotic surgeries and attitude toward technology may hamper the growth of the market.
Business Overview of Surgical Robots Industry Players:
Intuitive Surgical, Inc.,
Medtronic,
Johnson & Johnson,
Google Life Sciences,
Stryker Corporation,
TransEnterix,
Mazor Robotics,
Hansen Medical and others.
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Surgical Robots Market Segmentation
Global Surgical Robots Market is segmented on the basis of control mechanism into direct telemanipulator and computer control. On the basis of robotic surgery approach they are supervisor-controlled robotic surgical system, shared control robotic surgical systems, telesurgery systems, robotic radiosurgery systems and on the basis of application they are segmented into general surgery, cardiac surgery, gynecologic surgery, colorectal surgery, urologic surgery, head and neck surgery and other.
Competitive Analysis
The Surgical Robots Market has turned into a critical factor in the Global Healthcare industry. With the changing technology robotic surgery is also arriving with innovative technology for various surgeries. Many companies are entering this market with their innovative products and ongoing technology. Through extensive research it is found out that the market players are receiving approvals for the various devices in the Surgical Robots market. The key players involved in this approvals are Intuitive Surgical, Stryker, Mazor Robotics and Medtech SA. Many companies are getting clearance for their requests which makes it the key development.
Stryker one of the largest medical technology companies in the world headquarters in US. In 2013, Stryker has acquired MAKO Surgical Corp., a pioneer in the advancement of robotic arm assisted surgery in orthopaedics. Stryker has got the FDA approval for MAKO total knee application in 2016.
Intuitive Surgical, Inc manufacturer of world class robotic surgical systems. da Vinci Surgical System is the most preferred system. Recently in 2017, this company has got approval for new da Vinci X Surgical System which will provides lower-cost, robotic-assisted surgical option for hospitals, surgeons.
Surgical Robots Market Regional Analysis:
On regional basis, America has the largest market for surgical robots. Availability of finance, well developed healthcare sector with continuous increasing prevalence of number of diseases are the major driving factor for America surgical robots market. North America is the major contributor for the Americas surgical robots market. In 2016, North America surgical robots market was USD 1,655.8 million. Europe has second leading market which is followed by Asia Pacific region. Increasing prevalence of diseases like cancer and many neurological disorder in Europe has help to grow this market. Asia Pacific region is showing slow growth for surgical robot market. Asia Pacific surgical robots market is expected to grow at a CAGR of 23.36 % forecast period from 2017-2023
Main TOC for Surgical Robots Market Research Report – Global Forecast To 2023:
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
6 GLOBAL SURGICAL ROBOTS MARKET, BY CONTROL MECHANISM
7 GLOBAL SURGICAL ROBOTS MARKET, BY SURGICAL APPLICATION
8 GLOBAL SURGICAL ROBOTS MARKET, BY REGION
9 COMPETITIVE LANDSCAPE
10 COMPANY PROFILE
11 List of Tables
12 List of Figures
TOC Continued…!
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