The global surgical robots market size is expected to reach around US$ 13.7 Bn by 2026 and growing at a CAGR of around 10.4% over the forecast period 2019 to 2026.
A surgical robot is a self-fueled, PC controlled gadget that can be modified to help in the situating and control of careful instruments, empowering the specialist to complete increasingly complex tasks. Frameworks as of now being used are not expected to act freely from human specialists or to supplant them. Rather, these machines go about as remote expansions totally administered by the specialist and in this manner are best depicted as ace slave controllers. As innovative headways consistently develop throughout the decades, the medical procedure has substantiated itself as a modern control fit for treating plenty of sicknesses and conditions.
Market Dynamics
Considering the current market scenario, the market is changing due to technological advancement in the areas of 3D-imaging, high definition microscopic cameras, data recorders data analytic systems, motion sensors, remote navigation systems, robotic controlled catheters and other accessories useful for surgeries. Further, the field of careful therapeutic claim to fame has been heartily created to give an inside and out and exact clinical result for suppliers just as patients and to improve careful work process designs for social insurance frameworks. As of now, the social insurance framework is receiving further developed innovations that are progressively educated and associated when contrasted with the prior occasions. The utilization of a careful automated framework offers a more secure surgery by making it increasingly precise and insignificantly obtrusive for patients. During the most recent decade and a half, automated helped medical procedure has prompted littler scars, less agony, and quicker recuperations for patients. Simultaneously, specialists utilizing this innovation have profited by having the option to perform medical procedures in a progressively agreeable position, while additionally encountering more prominent perception and upgraded accuracy. With these advantages, automated helped medical procedures are turning out to be progressively normal around the world, especially in the United States, where in excess of 67% of all of Intuitive Surgical's da Vinci robots are introduced.
By end user, hospitals segment dominated the surgical robots market
Based on end user the market is segmented into hospitals, ambulatory surgical center. Hospitals accounts for the largest contributing segment as hospitals are using these surgical robots specifically for procedures such as hysterectomy, prostatectomy, hernia repair, colon, cholecystectomy, rectal procedures, sacrocolpopexy, mitral valve repair, nephrectomy, and transoral robotic surgery. There has been a growing demand for robots within the hospital environment that assist doctors and nurses with their tasks. These tasks can range from everyday menial task to diagnosis to actual complex surgery.
Based on surgery type, the cardiovascular surgery segment is expected to dominate during the forecast period
Cardiovascular surgery segment has dominated the surgery type segment in the year 2018 and the segment is projected to maintain its dominance over the forecast period from 2019 to 2026. Automated heart medical procedure offers a few focal points, for example, keeping the breastbone/sternum unblemished, making littler cuts, and limiting blood misfortune. Significant focuses have received the da Vinci Surgical System for performing automated heart medical procedures, and have enlisted astounding outcomes. The kinds of cardiovascular medical procedures performed by automated frameworks are mitral valve, fix or substitution, atrial septum imperfection conclusion, tricuspid valve fix, labyrinth system to treat atrial fibrillation, and coronary supply route sidestep. Further the cardiovascular segment is going to increase due to the heart disease which is still the largest disease worldwide and so many heart patients exist.
The market research study on “Global Surgical Robots Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight into the global surgical robots market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global surgical robots market, its market product, application, end user, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global surgical robots market size and volume, and segment markets by market product, application, end user, and geography along with the information on companies operating in the market. The global surgical robots market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
In 2018, North America dominated the regional market with a maximum market share
North America accounted for the high market share of the global surgical robots market and the region is also expected to maintain its dominance over the forecast period. Some major factors contributing to this growth are, increasing number of hospitals that are opting for robot-assisted surgeries, high healthcare spending by the U.S. government and growing robotic investments in the region. As per the Robotic Industries Association, the robot sales in the U.S. has been growing continuously in applications such as surgeries, automotive, wearable devices and military.
The key companies involved in the market includes Auris Health, Inc. (Johnson and Johnson), CMR Surgical Limited, Corindus Vascular Robotics, Inc., Globus Medical, Inc., Intuitive Surgical, Inc., Mazor Robotics Ltd. (Medtronic plc), Medrobotics Corporation, Medtech SA (Zimmer Biomet Holdings, Inc.), Meerecompany Inc., and Memic Medical Ltd.
Market Segmentation
Market By Product
- Surgical System
- Instruments & Accessories
- Services & Maintenance
Market By Application
- Gynecology Surgery
- Urology Surgery
- Neurosurgery
- Orthopedic Surgery
- General Surgery
- Others
Market By End User
- Hospitals
- Ambulatory Surgical Center
- Others
Market By Geography
- North America
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Surgical Robots
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Surgical Robots Market By Application
1.2.2.1. Global Surgical Robots Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.2.2. Global Surgical Robots Market Revenue Share By Application in 2017
1.2.2.3. Gynecology Surgery
1.2.2.4. Urology Surgery
1.2.2.5. Neurosurgery
1.2.2.6. Orthopedic surgery
1.2.2.7. General Surgery
1.2.2.8. Others
1.2.3. Surgical Robots Market By Product
1.2.3.1. Global Surgical Robots Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.3.2. Global Surgical Robots Market Revenue Share By Product in 2017
1.2.3.3. Surgical System
1.2.3.4. Instruments & Accessories
1.2.3.5. Services & Maintenance
1.2.4. Surgical Robots Market By End User
1.2.4.1. Global Surgical Robots Market Revenue and Growth Rate Comparison By End User (2015-2026)
1.2.4.2. Global Surgical Robots Market Revenue Share By End User in 2017
1.2.4.3. Hospitals
1.2.4.4. Ambulatory Surgical Center
1.2.4.5. Others
1.2.5. Surgical Robots Market By Geography
1.2.5.1. Global Surgical Robots Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Surgical Robots Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Surgical Robots Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Surgical Robots Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Surgical Robots Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Surgical Robots Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Surgical Robots Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Surgical Robots Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Surgical Robots Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Surgical Robots Major Manufacturers in 2017
CHAPTER 4. SURGICAL ROBOTS MARKET BY APPLICATION
4.1. Global Surgical Robots Revenue By Application
4.2. Gynecology Surgery
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Urology Surgery
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Neurosurgery
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Orthopedic surgery
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. General Surgery
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Others
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. SURGICAL ROBOTS MARKET BY PRODUCT
5.1. Global Surgical Robots Revenue By Product
5.2. Surgical System
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Instruments & Accessories
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Services & Maintenance
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. SURGICAL ROBOTS MARKET BY END USER
6.1. Global Surgical Robots Revenue By End User
6.2. Hospitals
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Ambulatory Surgical Center
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Others
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA SURGICAL ROBOTS MARKET BY COUNTRY
7.1. North America Surgical Robots Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Surgical Robots Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Surgical Robots Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE SURGICAL ROBOTS MARKET BY COUNTRY
8.1. Europe Surgical Robots Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Surgical Robots Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC SURGICAL ROBOTS MARKET BY COUNTRY
9.1. Asia-Pacific Surgical Robots Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Surgical Robots Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA SURGICAL ROBOTS MARKET BY COUNTRY
10.1. Latin America Surgical Robots Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Surgical Robots Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & Africa SURGICAL ROBOTS MARKET BY COUNTRY
11.1. Middle East & Africa Surgical Robots Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Surgical Robots Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Auris Health, Inc.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. CMR Surgical Limited
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Corindus Vascular Robotics, Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Globus Medical, Inc
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Intuitive Surgical, Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Mazor Robotics Ltd
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Medrobotics Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Medtech SA
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Meerecompany Inc.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Memic Medical Ltd
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
