Global Surgical Robotics Market Analysis & Industry Forecast 2017-2024, With an Expected CAGR of 10.2% - ResearchAndMarkets.com

DUBLIN--()--The "Surgical Robotics Market by Component, by Surgery Type - Global Opportunity Analysis and Industry Forecast, 2017-2024" report has been added to ResearchAndMarkets.com's offering.

The world surgical robotic systems market was evaluated at $3.3 billion in 2014, and is estimated to garner $6.4 billion by 2020, registering a CAGR of 10.2% over the forecast period.

The increasing need for automation in the healthcare sector and growing demand for minimally invasive surgeries are the major factors driving the surgical robotic systems and procedures market. In addition, a rise in incidences of colorectal cancer, neurological disorders, gynaecological diseases among others, would boost the adoption of robotic surgical systems. Surgical robotic systems offer less post-surgical complications and reduce labor cost. Due to this, large-scale hospitals based in developed and developing economies are now favoring automate surgical/hospital services, which ultimately drives the market growth. On the other hand, high cost associated with surgical robots procedures and accidental death/injuries due to broken instruments and system errors are likely to hinder the market growth.

The report segments the market across two distinct categories i.e. surgical robotic systems and procedures. The surgical robotic systems market is segmented on the basis of system components, surgical application, and geography. Based on system components, the market is segmented into systems, accessories, and system related services. Among them, accessories held a dominant share in 2014, owing to the frequent re-purchase of surgical accessories. According to surgical application, the market is further segmented into gynecology surgery, urology surgery, orthopedic surgery, neurology surgery, general surgery, and other surgeries. The surgical robotic procedures market is further segmented across similar types of surgeries.

Companies Mentioned:

  • Smith & Nephew Plc.
  • Auris Surgical Robotics Inc.
  • Intuitive Surgical, Inc.
  • KUKA AG
  • Stryker Corporation
  • Mazor Robotics
  • Renishaw plc.
  • Medtronic
  • THINK Surgical, Inc.
  • Zimmer Biomet Holdings Inc.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview

4. World Surgical Robotic Systems Market, By Component

5. World Surgical Robotics Market, By Surgery Type

6. World Surical Robotics Market, By Geography

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/9w8c5p/global_surgical?w=4

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Robotics

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Robotics