Written by Surgical Robotics Market Overview
The global surgical robotics market is estimated to reach $18,410.9 million in 2032, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 7.78% during the forecast period 2022-2032.
The global surgical robotics market is anticipated to be influenced by various factors during the forecast period 2022-2032. The factors driving growth include benefits offered by robotic-assisted surgeries, increasing use of robotics-associated surgeries, growing adoption of minimally invasive surgeries, increasing business
synergies between major players, and technological advancements in surgical robotics.
USP of the Report
• Market share analysis of the major players done to offer a holistic view of the global surgical robotics market landscape
• Impact of COVID-19 on the surgical robotics market, including the detailed analysis of pre-COVID and COVID scenarios along with the future impact of the COVID-19 pandemic on the market.
• Different distribution and marketing strategies adopted by key players operating in the market
• Impact of Russia-Ukraine war on the surgical robotics market
• Market ranking analysis based on product portfolio, recent developments, and regional spread
• Industry landscape, including product pipeline, funding, and patent analysis
• Industry landscape, including case studies
• Unit sold and installed base at regional and country level
• Business model analysis provided to understand the global expansion of the major players’ products
• Robotic-assisted surgery adoption across various surgical applications
Analyst Perspective
According to Swati Sood, Lead Analyst of the report, “During the pandemic, hospitals reduced elective surgery to ensure patient safety and to support COVID-19 patients on a larger scale. Elective surgeries were reduced or canceled as a safety measure to protect patients from hospital-transmitted infection as well as associated postoperative pulmonary complications. This step also helped to preserve personal protective equipment (PPE) kits, and other hospital supplies were prioritized for patients with COVID-19, which enabled recovery areas to be repurposed as overflow intensive care units (ICUs). The surgeons were also redeployed to support the overflow of patients admitted with COVID-19 and to support other critical areas of the hospital.”
Key Companies Operating in The Market
Key players in the global surgical robotics market analyzed and profiled in the study involve players that offer surgical systems, instruments and accessories, and services. Moreover, a detailed market share analysis of the players operating in the global surgical robotics market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
The key players profiled in the report include Asensus Surgical, Inc., avateramedical GmbH, Brainlab AG, CMR Surgical Ltd., Corin Group, Curexo, Inc., EndoMaster Pte Ltd, Globus Medical, Inc., Human Xtensions Ltd., Intuitive Surgical, Inc., Johnson & Johnson, Kinova inc., Medtronic plc, meerecompany Inc., Monteris Medical Corporation, Medicaroid Corporation, Neocis, Inc., PROCEPT BioRobotics Corporation, Renishaw plc, Siemens Healthineers AG, Stryker Corporation, Smith & Nephew plc, Stereotaxis, Inc., Virtual Incision Corporation, Zimmer Biomet Holdings, Inc., Venus Concept Inc., Vicarious Surgical Inc., Virtuoso Surgical, Inc., and Precision Robotics
Key Questions Answered in the Report/h3>
• What are the major market drivers, challenges, and opportunities in the global surgical robotics market?
• What was the market value of the segments of the global surgical robotics market in 2021?
• What are the business models of different players in the market?
• What are the key developmental strategies implemented by the key players to sustain in the competitive market?
• What is the current market share of each of the companies in the global surgical robotics market?
• How has the COVID-19 pandemic impacted the global surgical robotics market?
• What are the emerging trends within the global surgical robotics market?
• What was the impact of the Russian-Ukraine war on global surgical robotics market?
• What are the unit sold and installed base of the region in the global surgical robotics market?
• What is the growth potential of surgical robotics technology in each region, including North America, Europe, Asia-Pacific, Latin America, and Rest-of the-World?
• What are the market segmentation based on end user?