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New report examines the surgical robot market forecast to 2023

Medical Market Research

Surgical Robot Market By Surgery Type (General Surgery, Neurosurgery, Gynecological Surgery) By Component (Accessories & Instrument, Surgical Systems, F services) By System Type (Telesurgical System, Supervisory-Controlled System, ZEUS Robotic Surgical System, AESOP Robotic System).

GLOBAL SURGICAL ROBOT MARKET Make an Inquiry about this news was valued at USD 6.44 Billion in the year 2017. Global Surgical Robot market is further estimated to grow at a CAGR of 20.67% from 2018 to reach USD 19.89 Billion by the year 2023.

Asia-Pacific region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, China, Japan, India are projected to grow strongly in the coming years.

Verb Surgical Inc (U.S.), Auris Health Inc, Medrobotics Corporation, Virtual Incision Corporation, THINK Surgical, Inc., Titan Medical Inc., Hansen Medical, TransEnterix Surgical, Inc., Mazor Robotics, Stereotaxis, Inc., Accuray Incorporated, are some of the key players in the Global Surgical Robot market. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

          Adoption of robotics in Healthcare sectors

          Increasing accuracy of health concerns

Restraints:

          Higher Cost and maintenance

Opportunities:

          Growth in Healthcare Industry

Challenges:

          Government Regulations and norms.

The Global Surgical Robot Market is segmented on the basis of surgery type, component, system type, and region. The major shares of the market come from da Vinci Surgical system, by system type in Global Surgical Robot Market.

On the other hand, Services, by component for this market is expected to grow at highest CAGR during the year 2018-2023.

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Key Benefits for Stakeholders

Surgical Robot Manufacturer, Suppliers, and Distributors

Integrated device manufacturers (IDMs), Service and Solution Provider

Technology Standards Organizations, Forums, Alliances and Associations

Regulatory bodies, Consulting Firm.

By Surgery Type

General Surgery

Neurosurgery

Gynecological Surgery

Orthopedic surgery

Urological surgery

Radiological surgery

Others

By Component

Accessories & Instrument

Surgical Systems

Services

By System Type

Telesurgical System

Supervisory-controlled system

ZEUS Robotic Surgical System

da Vinci Surgical System

AESOP Robotic system

Shared-control system

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Verb Surgical Inc

Auris Health, Inc

Medrobotics Corporation

Virtual Incision Corporation

THINK Surgical, Inc.

Titan Medical Inc.

Hansen Medical

TransEnterix Surgical, Inc. 

Mazor Robotics

Stereotaxis, Inc.

Accuray Incorporated

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News From

Genesis Market InsightsGenesis Market Insights
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
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