Sep 24,2021 | Biotechnology
Robotic surgery is a type of minimally invasive surgery that utilizes robotics to execute surgical procedures. Such robotic systems are controlled by surgeons and are made of contracted surgical instruments positioned on robotic arms, permitting surgeons to perform the operation precisely.
Surgical robotic systems are a blend of equipment, accessories, software, and service that aid to operate numerous minimally invasive surgeries, such as gynaecological, neurological, cardiac, orthopaedic, and so on. More often, these systems allow surgeons to mechanize the surgical procedure, thereby enhancing efficacy and precision throughout the procedure, and reducing post-surgical impediments.
Global Surgical Robotic Systems Market is valued at approximately US$ 5.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.7% over the forecast period 2020-2027. Further, they mitigate the risk of infection and blood loss and infection and provide shorter recovery time, which may strengthen the adoption for surgical robotic systems. In addition, the rise in prevalence of chronic conditions, such as cancer and neurological diseases, along with growing number of minimally invasive surgeries are the few factors responsible for the high growth of the market during the forecast period.
North America is the leading region across the world in terms of market share owing to the rising government support to implement surgical robotic systems. Asia-Pacific is anticipated to exhibit the highest growth rate over the forecast period 2020-2027. Factors such as the rise in prevalence of chronic diseases coupled with improving healthcare infrastructure in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the Surgical Robotic Systems market in the Asia-Pacific region.
Major market player included in this report are: Intuitive Surgical, Inc., Globus Medical Inc., Johnson & Johnson, Medtronic Plc., Siemens AG (Siemens Healthineers), Smith & Nephew, Stryker Corporation, Transenterix, Inc., Titan Medical Inc., Zimmer Biomet Holdings, Inc.
The objective of the study offered by Bharatbook is to define market sizes of different segments & countries in recent years and to forecast the values to the coming 8 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, it also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
For more insights, please visit Global Surgical Robotic Systems Market.