Robot-Assisted Surgical Systems Market to Represent Significant Revenue Growth Forecast to 2027

Robot-assisted surgical systems are designed to assist surgeons in their procedures and increase the rate of patient outcomes. Technological upgrades of these systems and the complexities of current surgeries due to changing nature of diseases can induce the need for robots in operation theaters. The global robot-assisted surgical systems market report by Market Research Future (MRFR) contains details on latest technologies, disruptions by market leaders, and future projections for the period of 2018 to 2023 (forecast period).

The global robot-assisted surgical systems market is expected to reach an astounding valuation by exhibiting 10% CAGR over the forecast period. It had gained traction to overcome the challenged faced by endoscopic surgery. It assisted surgeons with faster operation times and enhancing the control of instruments. Developments of new features such as remote navigation, 3D imaging, HD surgical microscopic cameras, motion sensors, and robotic catheter control systems are likely to drive up the market demand exponentially.

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High demand for laparoscopic surgeries, minimally invasive surgeries among the elderly, and cases of trauma can beckon the need for robot-assisted surgical systems. Rising number of complex surgeries across medical disciplines and launch of new robots can propel market demand till 2023.

High costs of robotic surgeries and robotic surgical systems can impede market growth.

Competition Outlook

Verb Surgical, THINK Surgical Inc., Renishaw Plc, Transenterix, Medrobotics, Health robotics S.R.L, Varian, Titan Medical, Zimmer Biomet Holdings Inc., Intuitive Surgical Inc, Microbot Medical, Smith & Nephew Plc. (Blue Belt Technologies, Inc.), Auris Surgical Robotics, Inc. (Hansen Medical Inc.), Accuray, Mazor Robotics, Stryker Corporation (MAKO Surgical Corp.), Medtronic plc, and KUKA AG are notable players of the global robot-assisted surgical devices market.

Segmentation

The global robot-assisted surgical systems market is segmented by product, application, and end user.

  • By Products in the market include rehabilitation robots, emergency response robotic systems, surgical robots, non-invasive radiosurgery robots, and hospital and pharmacy robots. Surgical robots are further divided into robotic neurosurgical systems, laparoscopy robotic systems, and orthopedic surgical robots. Within the surgical robots segment, orthopedic surgical robots are segmented into Stanmore Sculptor surgical system, Navio PFS surgical system, iBlock surgical system, Robodoc surgical system, and MAKO RIO surgical system. Similarly, robotic neurological systems are divided into Renaissance surgical system, Pathfinder surgical system, and NeuroMate surgical system. Finally, laparoscopy robotic systems are segmented into Da Vinci robotic surgery system, FreeHand endoscope holder system, steerable robotic catheters, and Telelap ALF-X surgical system. Rehabilitation robots are segmented into therapeutic robots, assistive robots, prosthetics, orthotics, and robotic exoskeleton systems. Hospital and pharmacy robots are categorized into pharmacy robots, cart transportation robots, telemedicine robots, and IV robots.
  • By Applications of robot-assisted surgical systems encompass orthopedics robotic systems, neurology, laparoscopy, and special education.
  • By end user, the market is segmented into healthcare payers, healthcare providers, and others.

Regional Analysis

Based on region, the global robot-assisted surgical systems market is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).

The Americas are accountable for maximum market share owing to a large number of laparoscopic surgeries, prevalence of trauma, and heavy investments. The U.S. is likely to be the biggest revenue generator of the region due to rapid developments in robot-assisted surgeries. Emergence of remote surgery and telemedicine can drive the global robot-assisted surgical systems market growth.

Europe has assumed the second largest share of the market owing to focus on customer care and improvement in quality standards. Awareness of minimally invasive surgeries is expected to bolster the market demand greatly. Introduction of training programs with the help of virtual reality to increase the numbers of skilled personnel can greatly benefit the market.

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