Surgical Robots Market Growth Driven by the Need for Increasing Automation and Advanced Surgical Demand Overview in Healthcare Sector

Surgical Robots Market Research by Product Type (Instrument & Accessories, Robotic Systems and Services), by Application (Gynecologic Surgery, General Surgery, Cardiac Surgery, Urologic Surgery, Colorectal Surgery and Head and Neck Surgery), by Control Mechanism, by End User and by Region - Forecast till 2024

Pune, India - August 14, 2019 /MarketersMedia/ —

Surgical Robots Market Overview

Robotic surgery is one advanced form of surgery wherein the surgery is undertaken with the help of different robots. In this technique, features like accuracy and flexibility has been the key attraction for many of the healthcare companies to adopt and integrate these surgical robots. Surgical robots are medical robots that aid and assist in performing the procedures with tiny incisions.

The Da Vinci System is one of the most widely used and advanced surgical robot in the world. Surging rate of demand for minimally-invasive surgeries, increasing need for automation in the healthcare sector, and the widespread prevalence of different types of diseases are the major factors boosting the market. On other hand, high pricing rate of surgical robots and the number of risks linked with using robotic surgeries are the biggest restraints for the growth of market.

Request a FREE Sample of This Report at: https://www.marketresearchfuture.com/sample_request/3025

The Global Surgical Robots Market was analyzed by Market Research Future (MRFR) and it was projected that an impressive CAGR of 18.94% will be attained by the market over the forecast period of 2018 to 2023. The valuation of the automotive radar applications market was further stated to surpass its previous valuation to reach a projected figure of USD 19,596.61 Million by 2024.

Market Segmentation

The global surgical robots market has been segmented in terms of type, end-user, and components.

By product, the market includes robotic systems, instrument & accessories, and services.

By application, the market segments into urologic surgery, general surgery, gynecologic surgery, colorectal surgery, cardiac surgery, general surgery, and head and neck surgery.

By control mechanism, the market divides into computer control and direct telemanipulator.

By end-users, the market branches into ambulatory surgical centers and hospitals.

Competitive Landscape

The global surgical robots market comprises a host of key players. This includes names like –

Medtech SA (France)

Mazor Robotics (Israel)

Intuitive Surgical Inc. (US)

Hansen Medical (US)

Verb Surgical Inc. (US)

Stryker Corporation (US)

Smith & Nephew (UK)

Merck Co. & Inc (US)

TransEnterix Inc. (US)

Renishaw PLC (UK)

and Medrobotics Corporation (US).

These leading players are inking down new mergers and acquisitions deals and gaining approvals from the FDA to increase their share in the market standings.

View Details of Report With Complete Table Of Content at: https://www.marketresearchfuture.com/reports/surgical-robots-market-3025

Regional Analysis

The global surgical robots market is geographically distributed across the following key regions: Asia Pacific, Americas, Europe, and the Middle East & Africa.

The Americas lead the surgical robots market landscape with the highest share percentage. Under the Americas segment, the North American region dominates with the highest market contribution. This is majorly due to the increasing number of strategic collaborations made with other companies, increasing acceptance among patients concerning the use of surgical robots for different medical procedures, rising awareness about the superior healthcare outcomes with the use of surgical robots, growing financial capability of hospitals of investing in robotic systems, and others are all pushing the growth of the regional market.

Europe stands second in the market standings due to the increasing need in the healthcare sector for automation and rising demand in this region for minimally invasive surgeries and miniature robotics. Asia Pacific region is anticipated to grow with the highest CAGR over the forecast period due to the rapidly developing technologies, expanding number of hospitals, and the presence of big population base. Lastly, the Middle East and Africa market is enjoying a slow yet steady growth owing to the expanding healthcare infrastructure therein.

In Europe, Germany stands tall as the major contributor in the market landscape. Back in 2016, Germany market valuation stood at USD 1,157.6 million. In Asia Pacific, the surgical robots market is anticipated to attain an impressive CAGR of 23.36 % over the forecast period.

Market Factor Analysis
4.1 Porter’s Five Forces Model

4.1.1 Bargaining Power Of Suppliers

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of New Entrants

4.1.4 Threat Of Substitutes

4.1.5 Intensity Of Rivalry

4.2 Value Chain Analysis

4.2.1 R&D

4.2.2 Manufacturing

4.2.3 Distribution And Sales

4.2.4 Post-Sales Review

…continues.

About Market Research Future: Our team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Contact Info:
Name: Mr. Akash Anad
Email: Send Email
Organization: Market Research Future
Address: Magarpatta Road, Hadapsar, Pune
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/surgical-robots-market-3025

Source URL: https://marketersmedia.com/surgical-robots-market-growth-driven-by-the-need-for-increasing-automation-and-advanced-surgical-demand-overview-in-healthcare-sector/88908169

Source: MarketersMedia

Release ID: 88908169

More News From Enter Hollywood

Pell's appeal pitted word of former choirboy against priest

Aug 23, 2019

CANBERRA, Australia — Cardinal George Pell's appeal against his convictions for child molestation was largely a question of who the jury should have believed, his accuser or a senior priest whose church role was likened to Pell's bodyguard. Pell's accuser was a 13-year-old choirboy when he alleged that he was abused by then-Melbourne Archbishop Pell at the city's St. Patrick's Cathedral in December 1996 and February 1997. Monsignor Charles Portelli was a master of ceremonies at the 11 a.m. Sunday Masses where the choir sang. A chorister in the 1990s, David Dearing, told police that Portelli, Pell's right-hand man, was...

Chinese pop stars publicly back Beijing on Hong Kong

Aug 23, 2019

HONG KONG — At least eight pop stars from mainland China and one each from Taiwan and Hong Kong are publicly stating their support for Beijing's one-China policy, eliciting a mixture of disappointment and understanding from fans. Many of the statements came after protesters opposed to Beijing's growing influence over semi-autonomous Hong Kong removed a Chinese flag and tossed it into Victoria Harbour earlier this month. Lay Zhang, Jackson Wang, Lai Kuan-lin and Victoria Song were among the K-pop singers who recently uploaded a Chinese flag and declared themselves as "one of 1.4 billion guardians of the Chinese flag" on...

The Latest: Concerts canceled over Hong Kong airport protest

Aug 23, 2019

HONG KONG — The Latest on Hong Kong protests (all times local): 7 p.m. At least three concerts by overseas performers have been canceled in Hong Kong as protesters forced the city's airport to suspend operations for a second day. K-pop star Kang Daniel and Scottish band CHVRCHES both announced Tuesday that they are calling off upcoming events. American singer-songwriter Alec Benjamin canceled an upcoming concert late Monday. Kang's management office said the cancellation of a fan meeting scheduled for Sunday was because of safety concerns related to the protests, while CHVRCHES blamed "unforeseen circumstances." The airport protests are the...

China bans movies, actors from prominent Taiwan film awards

Aug 23, 2019

BEIJING — China said Wednesday it was banning Chinese movies and actors from participating in Taiwan's Golden Horse Awards, one of the Asian film industry's most prestigious honors, as Beijing ramps up economic and political pressure on the island it claims as its own territory. The one-sentence announcement on the microblog of China Film News, a newspaper affiliated with government film regulator, gave no reason for the suspension, but it comes amid rising tensions over Taiwan's refusal to recognize being part of Chinese territory to eventually be brought under Beijing's rule. Even without the ban, Chinese artists might have found...

Li Peng, Chinese premier during Tiananmen crackdown, dies

Aug 23, 2019

BEIJING — Li Peng, a former hard-line Chinese premier best known for announcing martial law during the 1989 Tiananmen Square pro-democracy protests that ended with a bloody crackdown by troops, has died. He was 90. China's official Xinhua News Agency said Li died Monday of an unspecified illness. His death was not announced until Tuesday evening. Li, a keen political infighter, spent two decades at the pinnacle of power before retiring in 2002. He left behind a legacy of prolonged and broad-based economic growth coupled with authoritarian political controls. While broadly disliked by the public, he oversaw China's reemergence from...

Sign up now!