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Reports
Surgical Robotics Market
Some of the important reasons likely to foster growth of the global surgical robotics market comprise increasing usage and acceptance of minimally invasive surgeries due to several benefits. These surgeries come with shorter hospital stays. In addition, the launch of economical and versatile surgical robots by new market participants is expected to spur demand in the market. International players' rising penetration is having a beneficial influence on the growth of the growth. One of the most important aspects that support the market growth is the rising number of permissions from regulatory agencies, such as the FDA to the market players. Additional reasons contributing to this trend include the increased number of robotic surgical system, the steady development of robotic surgical technology, and the growing popularity of robotics-assisted procedures such as hysterectomies.
One of the reasons leading to expansion of the global surgical robotics market is the increase in knee and hip replacement operations due to increased incidence of osteoporosis, bone degenerative disorders, arthritis, and associated traumas. Surgery robots have seen a paradigm shift in recent years mainly due to technological breakthroughs in robotically controlled catheters, high-definition microscopic cameras, data analytical systems, 3D imaging, data recorders, motion sensors, remote navigation systems, and so on.
Surgical robotics provide various advantages. Some of the key benefits of these are faster recovery, lesser risk of infection, reduced post-operative pain, and reduce hospital stay. All such factors coupled with better precision and improved decision-making ability from a doctor’s point-of-view have resulted in the elevated popularity of the surgical robotics systems.
The global surgical robotics market could be classified as per the application, product type, and region. On the basis of application the global surgical robotics market is segmented into interventional cardiology, orthopedic surgery, general surgery, urological surgery, neurological surgery, and so on. In terms of product type, the surgical robotics market is divided as orthopedic robotic systems, general laparoscopy robotic systems, neurosurgery robotic systems, and steerable robotic catheters.
The research report by TMR on global surgical robotics market is a detailed analysis of the various aspect in the market. These aspects help client in decision making and gives a detailed insights into factors fueling the market demand, factors responsible for the amrket drop, and the market figure of current years and past years. The report is an in-depth comparison of the current and the scenario 8 years back.
The global surgical robotics market is propelled by advancement in technology in the healthcare sector, increase in number of elderly population, increased cases of movement-restricted health conditions. Flood in healthcare expenses, absence of multi-specialty skilled people, and surge in expense of work are alternate factors that have prompted extreme demand for the inclusion of lean activity strategies in hospital management. However, staggering expense of surgical robots is a major point restricting the growth, particularly in the developing markets. The developing trend of robotic minimally invasive and computer operated operations is anticipated to support the development of the surgical robotics market. Specialists have embraced minimally invasive surgery (MIS) procedures for a wide scope of utilizations, for example, appendectomy, cholecystectomy, prostatectomy, ventral hernia fix, gastric detour, hysterectomy, tubal ligation, myomectomy, and colectomy. The number of instances of laparoscopic hysterectomy is anticipated to grow in the forthcoming years. About 96% of cholecystectomies is directed laparoscopically. As a result, rise in acknowledgment and interest for surgical robots are likely to fuel the global market.
In 2017, North America represented major share of the global market and the pattern is foreseen to continue in the upcoming years as well. Predominance of the region can be credited to surge in popularity of automated frameworks by advancement in technology, emergency clinics, and increase in innovative work current technology for new applications. Also, better repayment policies and propelled healthcare framework are the key drivers of the surgical robotics market in North America. Moreover, Europe is likewise expected to represent significant market share attributable to increase in cases of tumors and extreme demand for surgical robots for hysterectomy and prostatectomy medical procedures, as these offer more prominent precision, wellbeing, and accuracy.
Major players leading in the global surgical robotics market include Accuray, Inc., Intuitive Surgical, Inc., Auris Surgical Robotics, Think Surgical, Inc., TransEnterix, Inc., Hansen Medical, Smith & Nephew plc, Stryker Corporation, Zimmer Biomet Holdings, Inc., and Titan Medical, Inc.
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Surgical Robotics Market
