Robotic Surgery Systems Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction

Computer-assisted surgery, robotically assisted surgery or robotics surgery involves complete dependence or partial interference on formulated machines. Robotic surgery systems are amalgamation of services, software, accessories and equipment that help to accomplish numerous minimally-invasive surgeries comprising orthopedic, gynecological, neurological and cardiac. Robotic systems permit medical practitioner to program the surgical process, thereby improving precision and efficacy throughout the process, and reducing post-surgical complications. Furthermore, they deliver active representations of various body parts and rise adroitness which assistance surgeons to work on remote body parts.

Market Dynamics

Factors such as technological progressions in the arena of medical robots, benefits presented by robot-assisted training in rehabilitation treatment, growing financial funding for medical robot research are together driving the market growth. Whereas, system errors, high costs related with surgical robotic processes and injuries or accidental death because of broken instruments can adversely affect the growth of robotic surgery systems market. Increasing hospital funds in medical robots and Issuance of initial public offerings (IPOs) by medical robot companies are expected to propel growth of this market in coming years.

Market Classification

The market can be bifurcated on the basis of product, application and geography. By product, robotic surgery systems market can be segmented into instruments & accessories and medical robot systems. Further medical robot systems can be sub-segmented into noninvasive radio surgery robots, surgical robots, hospital & pharmacy robots, rehabilitation robots and others. By application, robotic surgery systems market can be segmented into special education, orthopedics, laparoscopy, neurology, and others. On the basis of geography, the robotic surgery systems market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in robotic surgery systems market include Surgical, Inc., Stryker Corporation, Mazor Robotics Ltd., Hocoma AG, Hansen Medical Inc., Accuray Incorporated, Omnicell, Inc., Ekso Bionics Holdings, Inc., ARxIUM, and Kirby Lester LLC among others.

Market Segmentation

Market By Product

• Instruments & Accessories
• Medical Robot Systems
  • Surgical Robots
  • Rehabilitation Robots
  • Noninvasive Radiosurgery Robots
  • Hospital & Pharmacy Robots
  • Others

Market By Application

• Laparoscopy
• Orthopedics
• Neurology
• Special Education
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA