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Worldwide Surgical Robots Industry to 2026 - Featuring Accuray Incorporated, CMR Surgical and Medtronic Among Others - ResearchAndMarkets.com

July 9, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jul 9, 2021--

The “Surgical Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global surgical robots market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of 18.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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Surgical robots refer to computer-controlled machines that are used for performing minimally invasive (MI) and laparoscopic surgeries. These robots consist of a magnifying high-definition 3-D camera fitted at the tip of the robotic arm that provides an accurate representation of the body parts. They replicate the hand movements of the surgeons and can perform complex procedures using miniaturized surgical instruments that can fit through small incisions. In comparison to traditional surgeries, these robots offer faster recovery time, minimal post-operative discomfort, and reduced risks of infection and scars.

The increasing prevalence of neurological disorders across the globe is one of the key factors driving the growth of the market. In line with this, the rising geriatric population, which is more susceptible to medical ailments, is also contributing to the market growth. Furthermore, the extensive utilization of these robots for performing surgeries, along with the increasing preference for MI procedures by both patients and healthcare providers, is providing a boost to the market growth significantly. For instance, neurosurgical robots are being used for precise positioning of needles in deep intracranial lesions and for retracting delicate neural structures.

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Various technological advancements and the integration of the healthcare industry with Artificial Intelligence (AI), Internet of Things (IoT) and virtual and augmented reality (VR/AR) are acting as other growth-inducing factors. Surgical robots are being equipped with 3D imaging systems, HD microscopic cameras, data recorders, motion sensors and robotic controlled catheters that assist surgeons in performing complex procedures accurately. Other factors, including increasing funding and investments for research and development (R&D) in the field of robotics and medical sciences, along with improving healthcare infrastructure across the globe, are also projected to drive the market further.

Companies Mentioned

  • Accuray Incorporated
  • Auris Health Inc.
  • CMR Surgical
  • Corindus Vascular Robotics
  • Intuitive Surgical
  • Maxar Technologies Limited
  • Mazor Robotics Ltd.
  • Medrobotics Corporation
  • Medtronic
  • Renishaw
  • Smith & Nephew
  • SRI International Inc.
  • Stryker Corporation
  • Think Surgical
  • Transenterix Inc.
  • Verb Surgical
  • Zimmer Biomet

Key Questions Answered in This Report:

  • How has the global surgical robots market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global surgical robots market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global surgical robots market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Surgical Robots Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Product

7 Market Breakup by Application

8 Market Breakup by End-User

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Indicators

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/4pk85f

View source version on businesswire.com:https://www.businesswire.com/news/home/20210709005399/en/

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KEYWORD:

INDUSTRY KEYWORD: BIOTECHNOLOGY HEALTH SURGERY MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 07/09/2021 01:06 PM/DISC: 07/09/2021 01:06 PM

http://www.businesswire.com/news/home/20210709005399/en