Surgical Robots Market By Component (Surgical System, Accessory, and Service), By Area of Surgery (Cardiovascular, Neurosurgery, Orthopaedic Surgery, Laparoscopy, Urology, and Others), By Application (General Surgery, Gynaecology, Urology, and Others), Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2019-2026

pa_user-types

Check Today's Best Price

$3500 Buy Now
Global Surgical Robots Market is estimated to reach $5.63 billion in 2018 with a CAGR of 24.5% from 2019 to 2026.
  • Market Definition

    Global Surgical Robots Market is estimated to reach $5.63 billion in 2018 with a CAGR of 24.5% from 2019 to 2026.

    Surgical robots are known as robots that are used while doing surgery or in other words, it can be called as robot-assisted-surgery. Robotic surgery includes advanced computer technology with experienced surgeons. This advanced computer technology helps surgeons with high definition, 10x magnified and 3D image of complex body parts. Surgical robots are more flexible and also cost-effective, the market is impacted by advanced technology and most of the surgeons prefer these robots in open surgery as compared to a traditional form.

    Growth Factors

    Technological upgradations have a positive impact globally, high acceptability rate coupled with regulatory policies and reforms, and rising trend and adoption of automation techniques across industries are key driving factors of the market. Further, surgical robots are flexible and they are more accurate while doing surgery. Surgical robots are demanded by the patients as they get benefits which are less tissue damage, minimal blood loss, and reduced risk of infection. These factors fuel the growth of the surgical robot market worldwide.

    However, high cost is incurred for the demo and the practicality of these robots in the healthcare industry limits the market growth. Moreover, a high rate of acceptance with wide applications dominated by technology would provide lucrative opportunities for the market in the coming years. With the ongoing trend of advanced technology and technological innovations, the demand for surgical robots is going to increase in the forecast time frame.

    Market Segmentation

    The global surgical robot market is classified based on components, areas of surgery, and application. Component segment is further segmented into the surgical system, accessory, and service. By the area of surgery, the market is divided into cardiovascular, neurosurgery, orthopedic surgery, laparoscopy, urology, and others. By application, the market is further categorized into general surgery, gynecology, urology, and others.

    It is highly anticipated that the application segment will create substantial growth opportunities until the forecast period. It has witnessed a high pace growth rate from the historical years and is envisaged to make impressive footprints in the coming years as well. Innovative medical treatments and welcoming approvals across geography are the key factors that will have an immense contribution to upbringing the surgical robot market.

    Regional Analysis

    Based on geography, the global surgical robots market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is categorized into China, Japan, India, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

    By geography, North America will make a strong presence in the market in the coming years as commented by the industry experts. Since the past, this region has witnessed a lucrative growth rate and enormous growth opportunities by properly fitting concerning industry standards. With the high contribution of recording all-time high CAGR, North America has also generated revenue for the betterment of the region along with its sub-regions. The rising number of hospitals, foreign direct investments, emerging government regulations in relation to the healthcare industry, and many more factors will highly contribute to make North America is one of the fastest-growing markets when compared with the competitive regions.

    Key Players

    Key players operating in the surgical robots industry include CMR Surgical Limited, Intuitive Surgical Inc., Mazor Robotics, Memic Medical Ltd., OMNI Orthopaedics Inc, Renishaw PLC, SRI International Inc., Stryker Corporation, Think Surgical, and Transenterix among others.

    On September 04, 2019- Stryker announces unconditional agreement to obtain Mobius Imaging and Cardan Robotics. Mobius Imaging is focused on the integration of advanced technologies into the medical workflow, which can help for getting high-quality images. Cardan Robotics is developing innovative robots and navigation systems for surgical and radiology procedures.

    For instance on March 13, 2019- US-based OMNI Orthopaedics Inc the giant of Surgical robots merged with Corin. The M&A has opened the new doors for the Corin that has recorded a strong charisma in the orthopedics robotics market. Further, Corin has designed new strategies and gaining high experience from OMNI Orthopaedics Inc. to help deliver clinically proven treatments by introducing innovative technologies. By grabbing and understanding will ultimately aggravate Corin with a significant threshold to make this M&A at a high success rate.

    Surgical robots Market Key Segments:

    By Component

    • Surgical System
    • Accessory
    • Service

    By Area of Surgery

    • Cardiovascular
    • Neurosurgery
    • Orthopaedic Surgery
    • Laparoscopy
    • Urology
    • Others

    By Application

    • General Surgery
    • Gynaecology
    • Urology
    • Others

    By Geography

    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • U.K
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia Pacific
      • India
      • China
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East & Africa
      • GCC Countries
      • Egypt
      • South Africa
      • Rest of Middle East & Africa
    keyboard_arrow_up
  • Table of Content

    1. Market Introduction
    1.1. Executive Summary
    1.2. Market Definition
    1.3. Market Scope

    2. Research Methodology
    2.1. Primary Research
    2.2. Research Methodology
    2.3. Assumptions & Exclusions
    2.4. Secondary data sources

    3. Surgical robots Market Overview
    3.1. Report Segmentation & Scope
    3.2. Key Market Trend
    3.3. Drivers
    3.3.1. Technological upgradations have positive impact globally
    3.3.2. High acceptability rate coupled with regulatory policies and reforms
    3.3.3. Rising trend and adoption of automation techniques across industries
    3.4. Restraint
    3.4.1. High cost is incurred for the demo and practicality of surgical robots in heathcare industry
    3.5. Opportunity
    3.5.1. High rate of acceptance with wide applications dominated by technology
    3.6. Porter’s Five Forces Analysis
    3.6.1. Porter’s Five Forces Analysis
    3.7. Market Share Analysis

    4. Component Overview
    4.1. Introduction
    4.1.1. Market Size & Forecast
    4.2. Surgical System
    4.2.1. Market Size & Forecast
    4.3. Accessory
    4.3.1. Market Size & Forecast
    4.4. Service
    4.4.1. Market Size & Forecast

    5. Area of Surgery Overview
    5.1. Introduction
    5.1.1. Market Size & Forecast
    5.2. Cardiovascular
    5.2.1. Market Size & Forecast
    5.3. Neurosurgery
    5.3.1. Market Size & Forecast
    5.4. Orthopaedic Surgery
    5.4.1. Market Size & Forecast
    5.5. Laparoscopy
    5.5.1. Market Size & Forecast
    5.6. Urology
    5.6.1. Market Size & Forecast
    5.7. Others
    5.7.1. Market Size & Forecast

    6. Application Overview
    6.1. Introduction
    6.1.1. Market Size & Forecast
    6.2. General Surgery
    6.2.1. Market Size & Forecast
    6.3. Gynaecology
    6.3.1. Market Size & Forecast
    6.4. Urology
    6.4.1. Market Size & Forecast
    6.5. Others
    6.5.1. Market Size & Forecast

    7. Surgical robots Market Regional Overview
    7.1. Introduction
    7.1.1. Market Size & Forecast
    7.2. North America Surgical robots Market
    7.2.1. North America Market Size & Forecast, By Country
    7.2.2. North America Market Size & Forecast, By Component
    7.2.3. North America Market Size & Forecast, By Area of Surgery
    7.2.4. North America Market Size & Forecast, By Application
    7.2.5. U.S.
    7.2.5.1. Market Size and Forecast
    7.2.6. Canada
    7.2.6.1. Market Size and Forecast
    7.2.7. Mexico
    7.2.7.1. Market Size and Forecast
    7.3. Europe Surgical robots Market
    7.3.1. Europe Market Size & Forecast, By Country
    7.3.2. Europe Market Size & Forecast, By Component
    7.3.3. Europe Market Size & Forecast, By Area of Surgery
    7.3.4. Europe Market Size & Forecast, By Application
    7.3.5. Germany
    7.3.5.1. Market Size and Forecast
    7.3.6. France
    7.3.6.1. Market Size and Forecast
    7.3.7. UK
    7.3.7.1. Market Size and Forecast
    7.3.8. Italy
    7.3.8.1. Market Size and Forecast
    7.3.9. Spain
    7.3.9.1. Market Size and Forecast
    7.3.10. Rest of Europe
    7.3.10.1. Market Size and Forecast
    7.4. Asia-Pacific Surgical robots Market
    7.4.1. Asia-Pacific Market Size & Forecast, By Country
    7.4.2. Asia-Pacific Market Size & Forecast, By Component
    7.4.3. Asia-Pacific Market Size & Forecast, By Area of Surgery
    7.4.4. Asia-Pacific Market Size & Forecast, By Application
    7.4.5. Japan
    7.4.5.1. Market Size and Forecast
    7.4.6. China
    7.4.6.1. Market Size and Forecast
    7.4.7. Australia
    7.4.7.1. Market Size and Forecast
    7.4.8. India
    7.4.8.1. Market Size and Forecast
    7.4.9. South Korea
    7.4.9.1. Market Size and Forecast
    7.4.10. Rest of Asia-Pacific
    7.4.10.1. Market Size and Forecast
    7.5. South America Surgical robots Market
    7.5.1. South America Market Size & Forecast, By Country
    7.5.2. South America Market Size & Forecast, By Component
    7.5.3. South America Market Size & Forecast, By Area of Surgery
    7.5.4. South America Market Size & Forecast, By Application
    7.5.5. Brazil
    7.5.5.1. Market Size and Forecast
    7.5.6. Argentina
    7.5.6.1. Market Size and Forecast
    7.5.7. Rest of South America
    7.5.7.1. Market Size and Forecast
    7.6. Middle East & Africa Surgical robots Market
    7.6.1. Middle East & Africa Market Size & Forecast, By Country
    7.6.2. Middle East & Africa Market Size & Forecast, By Component
    7.6.3. Middle East & Africa Market Size & Forecast, By Area of Surgery
    7.6.4. Middle East & Africa Market Size & Forecast, By Application
    7.6.5. GCC Countries
    7.6.5.1. Market Size and Forecast
    7.6.6. Egypt
    7.6.6.1. Market Size and Forecast
    7.6.7. South Africa
    7.6.7.1. Market Size and Forecast
    7.6.8. Rest of Middle East & Africa
    7.6.8.1. Market Size and Forecast

    8. Company Profile
    8.1. CMR Surgical Limited
    8.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
    8.1.2. CMR Surgical Limited Product Category, Application, and Specification
    8.1.3. CMR Surgical Limited Financial Performance (2016-2018)
    8.1.4. Main Business/Business Overview
    8.2. Intuitive Surgical Inc.
    8.3. Mazor Robotics
    8.4. Memic Medical Ltd.
    8.5. OMNI Orthopaedics Inc
    8.6. Renishaw PLC
    8.7. SRI International Inc.
    8.8. Stryker Corporation
    8.9. Think Surgical
    8.10. Transenterix

    keyboard_arrow_up
  • Key Industry Players

    • CMR Surgical Limited
    • Intuitive Surgical Inc.
    • Mazor Robotics
    • Memic Medical Ltd.
    • OMNI Orthopaedics Inc
    • Renishaw PLC
    • SRI International Inc.
    • Stryker Corporation
    • Think Surgical
    • Transenterix
    keyboard_arrow_up


    • Keep your personal detail safe with us. Privacy Policy
      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

What Report Provides

  • Full in-depth analysis of the parent Industry
  • Important changes in market and its dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional growth potential

CLIENTS

SHARE YOUR CART