Pune, Maharashtra, October 17, 2022 – Maximize Market Research, a leading market research company has published an intelligence report entitled Surgical Robots Market 2022 which is a complete study of meticulous primary and secondary research. According to MMR analysis, the global Surgical Robots Market Size Is expected to reach USD 124.19 billion by 2029, at a CAGR Of 8.11%. The report systematically covers analyzed understandings in view of the market; along with its ever-changing patterns, industry environment, and all leading characteristics of the market. This research methodology has been applied to examine the global Surgical Robots Market and these results have been reasonably mentioned in the report.
Surgical Robots Market Overview:
A surgical robot is a self-powered, computer-controlled device that is programmed to assist surgeons in the positioning and manipulation of surgical instruments, allowing them to perform more complex tasks. Robotic surgery has effectively overcome the limitations of traditional laparoscopic and thoracoscopic techniques, allowing for the completion of intricate and advanced surgical procedures with greater precision and a smaller incision. In place of the flat, 2-dimensional image received by the standard laparoscopic camera, the operating surgeon is given a 3-dimensional vision that improves depth perception; camera motion is steadily and conveniently controlled by the operating surgeon using voice-activated or manual master controls. Surgical robots are one of the most rapidly growing segments of the medical device industry.
Surgical is the most popular Robotic application in medical services. Surgical robots are used for everything from organ transplants to gastrointestinal surgeries to urological procedures. Over 900,000 robot-assisted surgeries were performed in the United States in 2018, resulting in a $4.71 billion market. Force TriVerse electrosurgical hardware and instruments, as well as surgical AI, data, and analytics are being trained to support a robotic-assisted surgical platform.
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Surgical Robots Market Dynamics:
With several acquisitions in 2021, Surgical Science has established a strong position in the market for robotic surgery simulation. In terms of both market share and technology, the new groups of companies hold a very strong position as the world leader in simulation for robotic surgery. Several companies’ goals of expanding the valuable content to the customer base, primarily in robotic surgery, grew in Educational products during difficult times and were able to make several acquisitions according to the strategies in the year 2021.
The offerings made by several Surgical Robot Market channels within implementations in various hospitals are the strongest pillars of the market’s expansion. Furthermore, the hardware industry has been characterized by news from the largest medical device suppliers regarding continued major investments in robotic surgery, which has contributed to the growth of the Robotic Surgery market.
Several companies will open a new state-of-the-art Robotic Surgery R&D center in 2021 to support innovation and growth. Companies have purchased technologies and integrated them into the market. For example, following the success of the acquired NAVIO systems, our next-generation robotic platform, CORI Surgical System, was launched in 2020. Surgical Robotics teams in the United States, Germany, and other countries around the world are making significant advancements and improving performance.
The financial statements of robotic surgical device manufacturers show that procedure volumes are rapidly increasing, with general surgery being the largest and fastest-growing contributor. According to MMR findings, the clinical footprint of robotic surgery will expand over the forecasted period. Miniature in vivo robots is a novel approach, with the entire MIS surgical platform focused on the peritoneal cavity. New types of robots emerging in the medical field for performing various types of surgeries are creating opportunities for growth in the surgical robot market.
Robotic surgery is a cutting-edge technique that produces excellent results in a variety of surgical procedures. A combination of technological advancements, such as the use of more efficient motors, compact and light materials, power backup, sophisticated controls, safety mechanisms, and more affordable versions, has resulted in a rapid rise in the adoption of robotic surgery for minimally invasive procedures. The high precision of robotic surgery aids in precise implant placement and reduces the possibility of damaging nearby tissues. Patients benefit from reduced post-operative discomfort, bleeding, and hospital readmissions.
Surgical Robots Market Segment Analysis:
By New Approaches, the Surgical Robots Market is segmented into In-vivo robots, Nanobots
and Capsule robots.
By Application Area, The market has been divided into segments such as neurology, urology, gynecology, orthopedics, and others.
Surgical Robots Market Regional Analysis:
North America is expected to continue to lead the global market over the forecast period, with a revenue share of more than 52 percent in 2021. Foreign players with a long list of products awaiting FDA approval, ongoing robotics innovations, and demand for minimally invasive surgeries to shorten recovery times are all driving factors in the regional market.
Asia Pacific is expected to be the fastest-growing regional market during the forecast period. Improvements in instrument development are expected to allow surgeons to work more efficiently, driving market growth. Furthermore, the market is expected to grow as a result of the region’s growing acceptance of robotic technology and increased awareness of the benefits of robotic procedures.
List of Surgical Robots Market Key Players:
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- Intuitive Surgical
- Stryker Corporation
- Medtronic
- Smith & Nephew
- Zimmer Biomet
- Asensus Surgical
- Corindus Vascular Robotics
- Renishaw
- Auris Health
- Medrobotics Corporation
- Think Surgical
- Verb Surgical
- OMNIlife Science
- CMR Surgical
- Preceyes BV
- China National Scientific Instruments and Materials Corporation
- Microsure
- Titan Medical
- Avateramedical Gmbh
- Medicaroid Corporation
- Others
Key Questions answered in the Surgical Robots Market Report are:
- What is the study period of the market?
- What is the growth rate of Surgical Robots Market?
- What is the market size of the Surgical Robots Market by 2029?
- What is the forecast period for the Surgical Robots Market?
- What was the market size of the Surgical Robots Market in 2021?
Related Report Published by Maximize Market Research:
Global AI-based Surgical Robots Market
About Maximize Market Research:
Maximize Market Research provides syndicate as well as custom-made business and market B2B and B2C research on 6,500 high-growth emerging technologies and opportunities as well as threats to the companies across the Chemical, Healthcare, Pharmaceuticals, Electronics and Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Maximize Market Research is positioned to estimate and forecast the market size with the competitive landscape of the industries. Additional information is available at https://www.maximizemarketresearch.com/.
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