The global Robotic Assisted Surgery System market is expected to grow at a CAGR of 11% during the forecast by 2028.
Technological advancements, advantages of surgical robots in clinical procedures, increasing investment for the research and development, mounting incidence of neurological and orthopedic disorders and increasing geriatric population are a number of the key factors fueling the expansion of the surgical robots market, globally. There are several advantages of robotic surgery that is resulting in a rise in adoption by hospitals and ambulatory surgical centers. Robotic surgery offers several benefits to the surgeon such as an enhanced visual field, superior sleight, and reach to inaccessible or hard-to-reach places throughout the surgery.
Similarly, patients like better clinical outcomes, shorter hospital stays, precision in surgery, lesser pain, early discharge and shorter recovery time. The robotic surgery conjointly causes smaller incision and thus reduces the chance of obtaining infection post-surgery. Compared to standard surgery robotic surgery leaves small incision and permits surgeon to work in terribly tight areas with precision using robotic arms. The high value of those systems makes them unaffordable in smaller hospitals with restricted budgets. Moreover, this can be the first reason impeding the penetration in developing countries as these countries struggle to supply and basic health care to all or any it’s national and therefore it’s usually not possible to put in surgical robots particularly in their public sector hospitals.
Market Insights
The global Robotic Assisted Surgery System market Based on Type the global Robotic Assisted Surgery System market is segmented in Open Surgery and Minimal Invasive. Based on Component the global Robotic Assisted Surgery System market is segmented in Robotic Systems, Instruments and Accessories, and Services.
Based on Application, the global Robotic Assisted Surgery System market is segmented in General Surgery, Gynecological Surgery, Orthopedic Surgery, Cardiology, Neurology, and Others. The report also bifurcates the global Robotic Assisted Surgery System market based on End-User in Hospitals and Ambulatory Surgical Centers.
The global Robotic Assisted Surgery System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Robotic Assisted Surgery System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Intuitive Surgical, Stryker, Restoration Robotics, Zimmer Biomet Robotics, Mazor Robotics, THINK Surgical, Medrobotics, TransEnterix, and others are among the major players in the global Robotic Assisted Surgery System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Robotic Assisted Surgery System Market has been segmented as below:
Robotic Assisted Surgery System Market, By Type
Robotic Assisted Surgery System Market, By Component
Robotic Assisted Surgery System Market, By Application
Robotic Assisted Surgery System Market, By End-User
Robotic Assisted Surgery System Market, By Region
Robotic Assisted Surgery System Market, By Company
The report covers:
Report Scope:
The global Robotic Assisted Surgery System market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Robotic Assisted Surgery System market share. Major industry players with significant revenue share include Intuitive Surgical, Stryker, Restoration Robotics, Zimmer Biomet Robotics, and Mazor Robotics, THINK Surgical, Medrobotics, TransEnterix, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Robotic Assisted Surgery System Market, By Type
5.1 Introduction
5.2 Open Surgery
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Minimal Invasive
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Robotic Assisted Surgery System Market, By Component
6.1 Introduction
6.2 Robotic Systems
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Instruments and Accessories
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Services
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Robotic Assisted Surgery System Market, By Application
7.1 Introduction
7.2 General Surgery
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Gynecological Surgery
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Orthopedic Surgery
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Cardiology
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Neurology
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Others
7.7.1 Market Overview
7.7.2 Market Size and Forecast
8. Robotic Assisted Surgery System Market, By End-User
8.1 Introduction
8.2 Hospitals
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Ambulatory Surgical Centers
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Robotic Assisted Surgery System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Robotic Assisted Surgery System, By Type
9.2.2 North America Robotic Assisted Surgery System, By Component
9.2.3 North America Robotic Assisted Surgery System, By Application
9.2.4 North America Robotic Assisted Surgery System, By End-User
9.3 Europe
9.3.1 Europe Robotic Assisted Surgery System, By Type
9.3.2 Europe Robotic Assisted Surgery System, By Component
9.3.3 Europe Robotic Assisted Surgery System, By Application
9.3.4 Europe Robotic Assisted Surgery System, By End-User
9.4 Asia-Pacific
9.4.1 Asia-Pacific Robotic Assisted Surgery System, By Type
9.4.2 Asia-Pacific Robotic Assisted Surgery System, By Component
9.4.3 Asia-Pacific Robotic Assisted Surgery System, By Application
9.4.4 Asia-Pacific Robotic Assisted Surgery System, By End-User
9.5 Rest of the World
9.5.1 Rest of the World Robotic Assisted Surgery System, By Type
9.5.2 Rest of the World Robotic Assisted Surgery System, By Component
9.5.3 Rest of the World Robotic Assisted Surgery System, By Application
9.5.4 Rest of the World Robotic Assisted Surgery System, By End-User
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Intuitive Surgical
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Stryker
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Restoration Robotics
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Zimmer Biomet Robotics
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 Mazor Robotics
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 THINK Surgical
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Medrobotics
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 TransEnterix
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
The Robotic Assisted Surgery System Market has been segmented as below:
Robotic Assisted Surgery System Market, By Type
Robotic Assisted Surgery System Market, By Component
Robotic Assisted Surgery System Market, By Application
Robotic Assisted Surgery System Market, By End-User
Robotic Assisted Surgery System Market, By Region
Robotic Assisted Surgery System Market, By Company
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