The Global Robotic Surgery Market was valued at USD 4,061.9 million in 2017, and is projected to reach USD 8,987.3 million by 2025, growing at a CAGR of 10.5 % during 2018-2025. The key factors boosting growth of the market are high prevalence of General Surgery worldwide, rise in transition to minimally invasive surgical procedure to adoption from conventional surgeries, development of innovative approaches to treat various type of diseases, including minimal invasive robotic devices, have contributed to the market growth. Moreover, accurate surgical procedures, precise measured movements, provides dexterity, fast post-surgical recovery, limited incisions and others are likely to accelerate the growth of global Robotic Surgery market during the forecasted period.
General Surgery segment is expected to hold maximum share in the market during the forecast period. However, the highest growth rate is predicted to be exhibited by “others” segment during the forecast period due the growing adoptions of robots in other application as well. Additionally, development of medical devices to treat various type of diseases, including increase in adoption robotic devices, are likely to drive the growth of Robotic Surgery Market in the forecasted period.
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Accessories and Instruments segment is expected to hold maximum share in the market during the forecast period due to increasing demand of accessories as new upgraded attachments are being manufactured, and new developments are being made to robotics. Services segment is predicted to exhibit a high growth rate during the forecast period due to increase in quality checks per usage cycle.
North America segment is expected to hold maximum share in the market during the forecast period due to the awareness among the population regarding the robotic surgery and its benefits over the traditional surgical methods. However, the highest growth rate is predicted to be exhibited by ROW segment during the forecast period due more room for penetration and the increasing rate of adoption of robotic surgery.
The companies are focusing on advanced healthcare services and carrying out innovation in launches for keeping their leadership in global Robotic surgery market.
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The research report “Global Robotic Surgery Market” provides in-depth analysis of the Robotic Surgery market, globally, based on application type, connectivity type, component and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for Robotic Surgery Market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
Key questions answered in this research report:
1. At what pace is the Robotic Surgery Market growing worldwide? What will be the growth trend in future?
2. What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the coming years?
3. What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in global Robotic Surgical market?
4. What are the various application areas and how they are poised to grow?
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