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Global Surgical Robotics Market: By Component: Surgical Systems, Accessories, Services; By Surgery Type: Gynaecological Surgery, Urological Surgery, Neurosurgery, Orthopaedic Surgery, General Surgery; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Surgical Robotics Market Outlook

The global surgical robotics market attained a value of around USD 5 billion in 2020. The market is further expected to grow at a CAGR of about 21% in the forecast period of 2021-2026 to reach a value of nearly USD 15 billion by 2026.

 

Global Surgical Robotics Market

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In the areas that are difficult to access by human surgeons, surgical robots can perform complex procedures with geometric precision. This leads to a growing demand for robots by surgeons and patients.

 

Properties and Applications

Robotic surgery or robot-assisted surgery enables doctors to perform certain forms of complex procedures with greater precision, versatility, and control than traditional techniques. Robotic surgery is generally associated with minimally invasive surgery with small incisions. It is also sometimes used in conventional open operations.

 

Global Surgical Robotics Market By Surgery Type

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On the basis of the component, the surgical robotics market can be divided into:

  • Surgical Systems
  • Accessories
  • Services

The surgery type can be divided into:

  • Gynaecological Surgery
  • Urological Surgery
  • Neurosurgery
  • Orthopaedic Surgery
  • General Surgery
  • Others

The EMR report looks into the regional surgical robotics markets like North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

 

Global Surgical Robotics Market By Region

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Market Analysis

The increased demand for healthcare automation, the increased prevalence of chronic illnesses, the rising geriatric population, the difficulty of surgical procedures, and the growing demand for more precise and versatile non-invasive operations is driving the market growth. The increasing technological developments are expected to increase market penetration over the forecast period 2021-2026. The implementation of robotic procedure reduced the complications related to surgeries and allowed surgeons to do better work than the conventional open-surgical and laparoscopic methods.

High installation costs, safety concerns, integration issues, and the need for technically qualified personnel are among the factors limiting the market growth. The costs, however, are expected to reduce in the coming years owing to technological advancements in the industry.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global surgical robotics market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Johnson & Johnson (NYSE: JNJ)
  • Intuitive Surgical, Inc. 
  • KUKA AG
  • Hansen Medical, Inc.
  • MAKO Surgical Corp. 
  • Renishaw plc
  • THINK Surgical, Inc.
  • Blue Belt Technologies, Inc.
  • Mazor Robotics Inc.
  • ZIMMER BIOMET

The EMR report gives an in-depth insight into the surgical robotics market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Questions Answered in the Report

  • How has the global surgical robotics market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the surgical robotics market for 2021-2026?
  • What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major price indicators of the global surgical robotics market?
  • What are the major demand indicators of the global surgical robotics market?
  • Who are the key players in the global surgical robotics market?
  • What is the degree of competition in the global surgical robotics market?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Executive Summary
    3.1    Market Overview
    3.2     Market Analysis
4    Global Surgical Robotics Market Analysis
    4.1    Global Surgical Robotics Historical Market (2016-2020) & Forecast (2021-2026)
    4.2    Global Surgical Robotics Market Breakup by Component
        4.2.1    Surgical Systems
        4.2.2    Accessories
        4.2.3    Services 
    4.3    Global Surgical Robotics Market Breakup by Component: Historical Market (2016-2020) & Forecast (2021-2026)
        4.3.1    Surgical Systems
        4.3.2    Accessories
        4.3.3    Services
    4.4    Global Surgical Robotics Market Breakup by Surgery Type 
        4.4.1    Gynaecological Surgery
        4.4.2    Urological Surgery
        4.4.3    Neurosurgery
        4.4.4    Orthopaedic Surgery
        4.4.5    General Surgery
        4.4.6    Others
    4.5    Global Surgical Robotics Market Breakup by Surgery Type: Historical Market (2016-2020) & Forecast (2021-2026)
        4.5.1    Gynaecological Surgery
        4.5.2    Urological Surgery
        4.5.3    Neurosurgery
        4.5.4    Orthopaedic Surgery
        4.5.5    General Surgery
        4.5.6    Others
    4.6    Global Surgical Robotics Market Breakup by Region
    4.6.1    North America
        4.6.1.1    United States of America
        4.6.1.2    Canada
    4.6.2    Europe
        4.6.2.1    Germany
        4.6.2.2    United Kingdom
        4.6.2.3    France
        4.6.2.4    Italy
        4.6.2.5    Others
    4.6.3    Asia Pacific
        4.6.3.1    China
        4.6.3.2    Japan
        4.6.3.3    India
        4.6.3.4    ASEAN
        4.6.3.5    Others
    4.6.4    Latin America
        4.6.4.1    Brazil
        4.6.4.2    Argentina
        4.6.4.3    Mexico
        4.6.4.4    Others
    4.6.5    Middle East & Africa
        4.6.5.1    Saudi Arabia
        4.6.5.2    United Arab Emirates
        4.6.5.3    Nigeria
        4.6.5.4    South Africa
        4.6.5.5    Others
    4.7     Global Surgical Robotics Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        4.7.1    North America
            4.7.1.1    United States of America
            4.7.1.2    Canada
        4.7.2    Europe
            4.7.2.1    Germany
            4.7.2.2    United Kingdom
            4.7.2.3    France
            4.7.2.4    Italy
            4.7.2.5    Others
        4.7.3    Asia Pacific
            4.7.3.1    China
            4.7.3.2    Japan
            4.7.3.3    India
            4.7.3.4    ASEAN
            4.7.3.5    Others
        4.7.4    Latin America
            4.7.4.1    Brazil
            4.7.4.2    Argentina
            4.7.4.3    Mexico
            4.7.4.4    Others
        4.7.5    Middle East & Africa
            4.7.5.1    Saudi Arabia
            4.7.5.2    United Arab Emirates
            4.7.5.3    Nigeria
            4.7.5.4    South Africa
            4.7.5.5    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    Value Chain Analysis
8    EMR’s Key Indicators for Demand
9    EMR’s Key Indicators for Price
10    Competitive Landscape & Supplier Analysis

    10.1    Johnson & Johnson [JNJ (NYSE)]
        10.1.1    Company Overview
        10.1.2    Financial Analysis
    10.2    Intuitive Surgical, Inc. [ISRG (NASDAQ)]
        10.2.1    Company Overview
        10.2.2    Financial Analysis
    10.3    KUKA AG
        10.3.1    Company Overview
        10.3.2    Financial Analysis
    10.4    Hansen Medical, Inc.
        10.4.1    Company Overview
        10.4.2    Financial Analysis 
    10.5    MAKO Surgical Corp. (Stryker Corporation)
        10.5.1    Company Overview
        10.5.2    Financial Analysis
    10.6    Renishaw plc
        10.6.1    Company Overview
        10.6.2    Financial Analysis
    10.7    THINK Surgical, Inc.
        10.7.1    Company Overview
        10.7.2    Financial Analysis
    10.8    Blue Belt Technologies, Inc.
        10.8.1    Company Overview
        10.8.2    Financial Analysis
    10.9    Mazor Robotics Inc.
        10.9.1    Company Overview
        10.9.2    Financial Analysis
    10.10    ZIMMER BIOMET
        10.10.1    Company Overview
        10.10.2    Financial Analysis
11    Industry Events and Developments

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