Market 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.
Global surgical robots market is expected to grow at a CAGR of 22.75% during forecasted period 2017- 2023.
Key Players for Global Surgical Robots Market:
- Intuitive Surgical, Inc.,
- Johnson & Johnson,
- Google Life Sciences,
- Stryker Corporation,
- Mazor Robotics,
- Hansen Medical
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Global surgical robots market has been segmented
On the basis of control mechanism which comprises direct telemanipulator and computer control.
On the basis of robotic surgery approach the market comprises of supervisor-controlled surgical systems, shared control robotic surgical systems, telesurgery systems and robotic radiosurgery systems.
On the basis of surgical application; market is segmented into general, cardiac, gynecologic, colorectal and urologic, head & neck and others.
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The Hottest Trend in the Market
The surgical robots are medical robots used to assist the surgeon to perform surgeries who control these robots by the console. The other parts of the surgical robot comprises of one or more arms and an imaging device such as camera.
The market for the surgical devices is growing due to factors such as rising demand for minimally invasive diseases surgery which reduces number of days usually needed to be spent in a hospital post-surgery. Patients who are operated by surgical robots recover faster, due to faster recovery rates of patients treated with surgical robots, the rise of cancers which stimulates the need for precision robots for robotic radiosurgery, the growing number of large multispecialty hospitals etc. However technological improvements such as development of robots with high precision, maneuverability, eye-hand coordination and miniaturization have been the critical market development factors.
Table of Content
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
5 Global Surgical Robots Market, By Control Mechanism
Key questions answered in this report
- What will the market size be in 2022 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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