Surgical Robots Market Pegged to Rise at 22.75% CAGR by 2023

“Surgical Robots Market”
Global surgical robots market research report, by Control Mechanism, by Robotic Surgery Approach, by Application- Forecast to 2023

Market Research Future adds new report of “Surgical Robots Market Research Report – Global Forecast To 2023” it contains Company information, geographical data and Table of Content

Competitive Analysis:

Key players profiled in the report are

  • Intuitive Surgical Inc.
  • Medtronic
  • Johnson & Johnson
  • Google Life Sciences
  • Stryker Corporation
  • TransEnterix
  • Mazor Robotics
  • Hansen Medical

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Market Segments:

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
  • On the basis of Application they are segmented into general surgery, cardiac surgery, gynecologic surgery, colorectal surgery, urologic surgery, head and neck surgery

Market Highlight:

The Global Surgical Robots Market is growing with the rapid pace mainly due to the burgeoning Healthcare Industry.  According to a recent study report published by the Market Research Future, The global market of Surgical Robots is booming and expected to gain prominence over the forecast period. The global Surgical Robots market is estimated to expand enormously with a whooping double digit CAGR of 22.75 % between 2017 and 2023.

Advancements in technology have empowered surgeons to remotely operate robots and perform surgery. Surgeons can perform a surgical procedure in emergency situations through telesurgery, with the aid of an imaging device. 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. Additionally, advancements in technology over the fast few years have been directed towards reducing costs of products. This has led to increasing applications of these robots for various tasks.

While high cost of surgical robots, risks associated with the robotic surgeries and the scepticism toward technology may hamper the growth of the market. Adversely, the development of Surgical robots with high artificial intelligence technology is driving the Surgical robots market.

Today, Robots are used not just for prostate surgery, but for hysterectomies, the removal of fibroids, joint replacements, open-heart surgery and kidney surgeries. They can be used along with MRIs to provide organ biopsies. The invention of robots has not only ease surgeon’s work but also play a very important role in the automation technology.

The yore of robotics in surgery goes back to 1985, when Kwoh Et Al used the Puma 560, a robotic arm to perform neurosurgical biopsies with greater precision.

Three years later, Davies Et Al performed a transurethral resection of the prostate using the Puma 560. It did not become a treatment of choice for TURP due to poor ultrasound imaging capabilities of the prostate. This system eventually led to the development of the PROBOT in 1988. PROBOT was developed at Imperial College London and was used to perform prostatic surgery.

PROBOT was designed specifically to aid in the resection of prostatic tissue. The development and trial of the system have not only demonstrated the successful robotic imaging and resection of the prostate, but have also shown that soft tissue robotic surgery in general, can be successful. 

Intended Audience

  • Global surgical robots manufacturers & suppliers
  • Research and development (R&D) companies
  • Market research and consulting service providers
  • Government and Independent Research Laboratories
  • Contract Research Organizations (CROs)
  • Academic institutes and universities

Browse Report Details @ https://www.marketresearchfuture.com/reports/surgical-robots-market-3025

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

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