Showing posts with label Global Surgical Robotics Market Structure. Show all posts
Showing posts with label Global Surgical Robotics Market Structure. Show all posts

Tuesday, April 16, 2019

Increase in Volume of Surgical Procedures, followed by the Increase in Funding of Surgical Robot Research and Rise in Use of Computer for the Surgeries to Drive the Global Surgical Robotics Market Over the Forecast Period: Ken Research


Robotic surgery includes a surgical method where surgeons use a computer to manage small instruments attached to a robot, also called computer guided minimally invasive surgery. The robotic system includes surgical arms, surgeon’s console, and monitoring system & software. It is an advanced technology which assists’s surgeons to complete complex surgeries with more accuracy & precision. The surgery enhanced motion range ensures greater accuracy and provides better dexterity to surgeons. Additionally, 3D visions are also used for the camera renders with an additional detailed view to the surgeons, which improves surgical outcome and the overall procedure, as a result.

According to study, “Global Surgical Robotics Market by Application, System Component, Equipment Type and Region 2016-2025” some of the major companies currently associated with the global surgical robotics market are Accuray Inc., Mazor Robotics Ltd., Hansen Medical Inc.,Verb Surgical Inc., Corindus Vascular Robotics Inc., Johnson & Johnson, Renishaw Plc., Mimic Technologies, Applied Dexterity, TransEnterix Inc., Think Surgical, Inc., Intuitive Surgical Inc., Cambridge Medical Robotics Ltd., Stryker Corp., Titan Medical Inc., Smith & Nephew Plc., Stanmore Implants Worldwide Ltd., SRI International Inc., Medrobotics Corporation, Blue Belt Technologies Inc., Microsure, Endomaster Pte Ltd., MAKO Surgical Corp., Zimmer Holdings Inc., Synaptive Medical Inc., Honeybee Robotics, Mexar Technologies Ltd., KUKA AG, Medtech S.A., Virtual Incision Corporation, Preceyes BV, Titan Medical, Auris Surgical Robotics Inc., Medtronic Inc.

Based on the component’s global surgical robotic market is classified into surgical robotic systems, services and accessories. Based on surgery market is classified into cardiovascular surgery, laparoscopy surgery, gynecological surgery, urology surgery, neurosurgery, orthopedic surgery, general surgery and other areas of surgery. Based on technologically advanced systems, market is segmented into Amadeus, SurgiBot, and Modus V and Single Port Orifice Robotic Technology (SPORT). Additionally, based on the end-user it is classified into ambulatory surgical centers or clinics and hospitals.

The global surgical robotics is primarily driven by growing demand of minimally invasive surgery procedures. Some of the other driven aspects are increasing volume of surgical procedures, increase in funding of surgical robot research, general awareness for computer aided surgeries, rising incidence rate of chronic diseases, rising technological advancements, high precision & accuracy and rising disposable income. However, market is also impacted by some of the major restraining factors such as high initial & maintenance costs of the equipment and safety concerns associated with the use of surgical robots. Moreover, lack of clinical verification on the usefulness of surgical robotic systems serves as a main challenge to the market and getting the regulatory approvals & clearances. Furthermore, low penetration of robots in ambulatory surgery centers is adding one of the biggest opportunities from market over the forecast period.

The surgical robots are expected to share major revenue among all the sections of medical robots. In 2018, market was valued at US $4,080.8 million. The global surgical robot’s market is estimated to reach at US$12.59 billion, by 2025. In the forecast period it is expected that the global surgical market to grow quickly driven by a quick adoption of surgical robotics for many types of operation & surgery procedures. In addition, surgeons, hospitals, patients and treatment facilities are anticipated to increase significantly seeking to the advanced robotic solutions facilitating the modern surgery cures over the forecast years.

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