Surgical Robots Market Register a CAGR of Around 12% During 2020 - 2025

Posted June 17, 2020 by imarcgroup1

The global surgical robots market is currently witnessing strong growth. Surgical robots refer to computer-controlled machines that are used for performing minimally invasive (MI) and laparoscopic surgeries.

Surgical robots are computer-controlled machines that perform minimally invasive (MI) and laparoscopic surgeries. They are equipped with magnifying high-definition (HD) 3D cameras, data recorders, motion sensors and robotic controlled catheters, enabling surgeons to perform complex procedures using miniaturized instruments that can fit through small incisions.

Some of the key players operating in the market include Accuray Incorporated (ARAY), Auris Health Inc. (EARS), CMR Surgical, Corindus Vascular Robotics (CVRS), Intuitive Surgical (ISRG), Maxar Technologies Limited (MAXR)., Mazor Robotics Ltd (MZOR), Medrobotics Corporation, Medtronic(MDT), Renishaw (RNSHF), Smith & Nephew (SNN), SRI International Inc (SRI)., Stryker Corporation (SYK), Think Surgical, Transenterix Inc. (TRXC), Verb Surgical, Zimmer Biomet, etc.

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The global surgical robot market is driven by the numerous advantages offered by surgical robots, such as faster recovery time, minimal post-operative discomfort, and reduced risk of infection and scarring as compared to traditional surgeries. Moreover, technological advancements and the integration of artificial intelligence (AI), the Internet of Things (IoT) and virtual and augmented reality (VR/AR) in the healthcare sector are also contributing to the market growth. Other factors, such as extensive research and development (R&D) activities in robotics and medical sciences, along with improving healthcare infrastructure and the emerging trend of automation, are also boosting the demand for surgical robots across the globe.

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Surgical Robots Market Segmentation

Breakup by Product:

• Robotic Systems
• Instruments and Accessories
• Services

Breakup by Application:

• Gynecological Surgery
• Urological Surgery
• Neurosurgery
• Orthopedic Surgery
• Other Applications

Breakup by End-User:

• Hospitals
• Ambulatory Care Centers
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Categories Health , Research , Technology
Tags Surgical Robots Market Share , Surgical Robots Market Size , Surgical Robots Market Trends , Surgical Robots Market report , Surgical Robots Market Growth
Last Updated June 17, 2020