Report Id: MDSRM717
Surgical Robots Market By Component Analysis (Robotic Systems, Instruments and Accessories, System Services); By Application Analysis (Laparoscopic Robotic Systems, Neurosurgical Robotic Systems, Orthopedic Robotic Systems, Radiosurgery Robots, Steerable Robotic Catheter); By Equipment Type Analysis (Robot Machines, Navigation Systems, Planners and Simulators) and By Regional Analysis – Global Forecast by 2023 - 2028
The Global Surgical Robots Market is expected to exceed more than US$ 21.50 Billion by 2028 at a CAGR of 16.5% in the given forecast period.
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Major Players
- Medrobotics Corporation
- Accuray
- Hansen Medical
- Intuitive Surgical
- Mazor Robotics Ltd
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
10
REPORT DESCRIPTION
Surgical robots are presently utilized as a part of different sorts of surgeries identified with gynecology, urology, cardiology, general, transplantation, orthopedics, and so forth. Computer-assisted surgery, Robotics surgery or robotically assisted surgery include partially or fully requirement on specially designed machines and equipment and devices so as to carry out some surgical methods. Surgical robotic systems are a mix of software, equipment and devices, accessories and services that help to play out a few negligibly intrusive surgeries. Robotic systems enable the specialists to robotize the surgical strategy, along these lines enhancing efficiency and precision during the action, and limiting post-surgical complexity. It also represents the body parts and increased skills which help specialists to take a shot at difficult to reach body parts. Further, robotic surgery diminishes the danger of blood loss and infection, offer shorter recovery time, and leave least scars in contrast with the conventional open surgery.
How Big is The Global Surgical Robots Market?
The Global Surgical Robots Market is expected to exceed more than US$ 21.50 Billion by 2028 at a CAGR of 16.5% in the given forecast period.
The major driving factors of Global Surgical Robots Market are as follows:
- Introduction of technologically advanced systems
- Neurological disorders is increasing worldwide
- Higher dexterity along with cost-efficiency in combination to the competitive products
- Growth in healthcare spending
- Introducing of nano robots is changing the trend of surgical robots in the healthcare sector
The restraining factors of Global Surgical Robots Market are as follows:
- Shortage of trained surgeons and regulatory scenario
- Concerns relating to safety over robotic surgery devise
- High cost of robotic surgeries and unjustified cost benefits of robotic surgeries
The Global Surgical Robots Market is segmented on the lines of its component, application, equipment type and regional. Based on Component segmentation it covers robotic systems, instruments and accessories, system services. Based on application segmentation it covers laparoscopic robotic systems, neurosurgical robotic systems, orthopedic robotic systems, radio surgery robots, steerable robotic catheter, others. Based on equipment type segmentation it covers robot machines, navigation systems, planners and simulators, other equipment. The Global Surgical Robots Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Global Surgical Robots Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Surgical Robots Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets onGlobal Surgical Robots Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Medrobotics Corporation, Accuray, Hansen Medical, Intuitive Surgical, MAKO, Mazor Robotics Ltd., Medtronic Inc., Stryker Corp., Think Surgical, Inc. and Titan Medical. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Surgical Robots Market has been segmented as below:
By Component Analysis:
- Robotic Systems
- Instruments and Accessories
- System Services
By Application Analysis:
- Laparoscopic Robotic Systems
- Neurosurgical Robotic Systems
- Orthopedic Robotic Systems
- Radiosurgery Robots
- Steerable Robotic Catheter
- Others
By Equipment Type Analysis:
- Robot Machines
- Navigation Systems
- Planners and Simulators
- Other Equipment
By Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Surgical Robots Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Surgical Robots Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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We can offer you custom research reports as per client’s special requirements.
Below are our new reports:
Robotic Assisted Surgery System market
1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Research
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Key Insights From Primary Sources
2.2.2.3 Key Industry Insights
2.3 Market Size Estimation Methodology
2.4 Market Data Validation and Triangulation
2.5 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Global Medical Robots Market Overview
4.2 Geographic Analysis: Medical Robots Market, By Type of Surgical Robotic System
4.3 Geographical Snapshot of the Market
4.4 Medical Robots Market, By Application (2018)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Advantages Offered By Robot-Assisted Training in Rehabilitation Therapy
5.2.1.2 Technological Advancements
5.2.1.3 Increase in Funding for Medical Robots Research
5.2.1.4 Issuance of Ipos By Medical Robots Companies
5.2.1.5 Growing Hospital Investments in Medical Robots
5.2.2 Restraints
5.2.2.1 Safety Concerns Over Robotic Surgery Devices
5.2.2.2 High Cost of Robotic Systems and Unjustified Cost Benefits of Robotic Surgeries
5.2.3 Opportunities
5.2.3.1 Rapid Growth in the Aging Population
5.2.3.2 Development of Nanorobots for Cancer Treatment
5.2.3.3 Rising Patient Preference for Minimally Invasive Surgeries
6 Industry Insights
6.1 Regulatory Assessment
6.1.1 Introduction
6.1.2 U.S.
6.1.2.1 FDA Device Classification
6.1.3 Europe
6.1.3.1 Environmental Protection Agency (EPA) Device Classification
6.1.4 Japan
6.1.4.1 PMDA Device Classification
6.1.5 China
6.1.5.1 CFDA Device Classification
6.1.6 India
6.1.7 Australia
6.1.7.1 ATG Device Classification
6.2 Product Pipeline Assessment
6.2.1 Introduction
6.2.2 Clinical Trials for Medical Robots
6.2.3 Upcoming Product Launches
7 Global Medical Robots Market, By Product
7.1 Introduction
7.2 Instruments and Accessories
7.3 Medical Robotic Systems
7.3.1 Surgical Robots
7.3.1.1 Laparoscopy Robotic Systems
7.3.1.2 Orthopedic Robotic Systems
7.3.1.3 Neurosurgical Robotic Systems
7.3.1.4 Steerable Robotic Catheters
7.3.2 Rehabilitation Robotic Systems
7.3.2.1 Therapeutic Robotic Systems
7.3.2.2 Assistive Robotic Systems
7.3.2.3 Prosthetic Robotic Systems
7.3.2.4 Orthotic Robotic Systems
7.3.2.5 Exoskeleton Robotic Systems
7.3.3 Noninvasive Radiosurgery Robotic Systems
7.3.4 Hospital and Pharmacy Robotic Systems
7.3.4.1 Pharmacy Robotic Systems
7.3.4.2 IV Robotic Systems
7.3.4.3 Telemedicine Robots
7.3.5 Other Robotic Systems
8 Medical Robots Market, By Application
8.1 Introduction
8.2 Laparoscopy
8.3 Orthopedics
8.4 Neurology
8.5 Special Education
8.6 Other Applications
9 Medical Robots Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.1.1 Advent of Telemedicine Robots to Address the Shortage of Healthcare Professionals in the U.S.
9.2.1.2 Increasing Medical Robot Purchases By Hospitals Backed By the Demand for Minimally Invasive Surgeries
9.2.1.3 Availability of Significant Funding From the Nih
9.2.1.4 Funding By the U.S. Department of Defense
9.2.1.5 Growing FDA Approvals
9.2.1.6 Grants From Nsf to Propel Research Activities
9.2.1.7 Rising Venture Capital Investments
9.2.2 Canada
9.2.2.1 Use of Robots in Pediatric Care
9.2.2.2 Government Support
9.3 Europe
9.3.1 EU5
9.3.1.1 Favorable Reimbursement Scenario in Germany
9.3.1.2 Presence of A Large Pool of End Users in Germany
9.3.1.3 Development of Affordable Robotic Prosthesis in France
9.3.1.4 Growing Robotics Market in France
9.3.1.5 Adoption of Pharmacy Robots in the U.K.
9.3.2 RoE
9.3.2.1 Introduction of Mind-Controlled Prosthetic Robotic Limbs in Austria
9.3.2.2 Continuous Support From Governments
9.4 Asia-Pacific
9.4.1 Nursing Robots to Address the Shortage of Care Workers in Japan, South Korea, and Hong Kong
9.4.2 Growth in the Number of Approvals for Use of Medical Robots in Japan
9.4.3 Rising Prevalence of Cancer in China
9.4.4 Foreign Partnerships and Growing Start-Up Companies in China
9.4.5 Growing Robotic Procedures Backed By Rising Number of Hospital Beds in India
9.4.6 Rising Adoption of Medical Robots in Asia
9.4.7 Funding and Collaborations
9.4.8 Training Programs in Australia
9.5 Rest of the World (RoW)
9.5.1 Introduction of Telemedicine Robots in Africa
9.5.2 International Workshops on Robotics in Brazil
9.5.3 Domestic Manufacturing of Surgical Robots in Iran
10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis
10.3 Competitive Situation and Trends
10.3.1 Marketing and Promotional Activities
10.3.2 Agreements, Collaborations, Joint Ventures, and Partnerships
10.3.3 Acquisitions
10.3.4 Product Launches
10.3.5 Expansions
10.3.6 Other Strategies
11 Company Profiles
11.1 Introduction
11.2 Intuitive Surgical, Inc.
11.3 Stryker Corporation
11.4 Hocoma AG
11.5 Mazor Robotics Ltd.
11.6 Hansen Medical, Inc. (A Wholly Owned Subsidiary of Auris Surgical Robotics)
11.7 Accuray Incorporated
11.8 Omnicell, Inc.
11.9 Arxium
11.10 EKSO Bionics Holdings, Inc.
11.11 Kirby Lester LLC
The Global Surgical Robots Market has been segmented as below:
By Component Analysis:
- Robotic Systems
- Instruments and Accessories
- System Services
By Application Analysis:
- Laparoscopic Robotic Systems
- Neurosurgical Robotic Systems
- Orthopedic Robotic Systems
- Radiosurgery Robots
- Steerable Robotic Catheter
- Others
By Equipment Type Analysis:
- Robot Machines
- Navigation Systems
- Planners and Simulators
- Other Equipment
By Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Rest of the World
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Surgical Robots Market?
The market is expected to grow at a CAGR of 10.4% during the study period (2023-2028)
How big is the Surgical Robots Market value?
The Global Surgical Robots Market is expected to exceed more than US$ 21.50 Billion by 2028.
What is the segment’s covered for the Surgical Robots Market?
The segment included in Surgical Robots Market is Component, Application, Equipment Type and region.
Who are the major key vendors in the Surgical Robots Market?
Some key players operating in the Surgical Robots Market include Medrobotics Corporation, Accuray, Hansen Medical, Intuitive Surgical, MAKO, Mazor Robotics Ltd., Medtronic Inc., Stryker Corp., Think Surgical, Inc
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