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 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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