KEY FINDINGS The global surgical robotics market is estimated to project a CAGR of 10.73% during the forecast period, 2021-2028. The rising number of robotics in the healthcare industry, the growing geriatric population, and artificial intelligence, and other technological advancements, contribute to market growth.
MARKET INSIGHTS Incorporating robots into surgical care is becoming an efficient tool in combating pathogen contamination and maintaining surgical volumes.They offer benefits like a shorter hospital stay, swift recovery, and reduced operative time.
Several robotic surgical systems like Versius Surgical System are impacting robotic surgeries. Robots are increasingly deployed in the healthcare industry, given their technological capabilities and reduced costs.The rising adoption of 5G networks and artificial intelligence solutions has offered growth opportunities for healthcare agencies.
Several major manufacturers are prioritizing R&D efforts for robotic surgical systems.For instance, Anybots develops remote-controlled medical robots that interact with their patients and keep track of their living conditions.
Such factors drive global market growth. However, the lack of training in robotic surgeries, safety & security, and surgical robots’ high cost restrain the market growth.
REGIONAL INSIGHTS The global surgical robotics market is regionally segmented into North America, Asia-Pacific, Europe, and Rest of World for growth assessment. Asia-Pacific is projected to record the highest CAGR, attributed to the increasing use of robotic healthcare products and technological advancements in robotics.
COMPETITIVE INSIGHTS Many well-established companies are acquiring smaller companies to expand their product portfolio. Some of the prominent companies in the market include Stryker Corporation, Asensus Surgical Inc, Intuitive Surgical Inc, Medtronic Plc, Zimmer Biomet Holdings Inc, etc.
Our report offerings include: • Explore key findings of the overall market • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions • Market Segmentation cater to a thorough assessment of key segments with their market estimations • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
The artificial intelligence in healthcare market in North America is expected to grow from US$ 1,605.67 million in 2019 to US$ 44,056.97 million by 2027; it is estimated to grow at a CAGR of 50.1% from 2020 to 2027. As Artificial Intelligence is among the most important technological developments in healthcare sector, numerous startups...
Global Hybrid OR Market to Reach $2,520.7 Million by 2030
Market Report Coverage - Hybrid Operating Room
• Components (Intraoperative Diagnostic Imaging Systems, Operating Room Fixtures, Surgical Instruments, Audiovisual Display Systems and Tools, and others)
This IDC Perspective provides IDC Health Insights' overview of key IT deals, news, and digital initiatives in the European life sciences and pharma industries in Q1 2021. In the evolving COVID-19 scenario, it is critical for European life sciences companies and their technology suppliers to closely follow the fast-moving trends and developments...
Clinical decision support systems (CDSS) provide actionable information for improving the decision making abilities of the health professionals.However, the traditional CDSS platforms have drawbacks such as alert fatigue, diagnostic errors, workflow disruptions that can have detrimental effect on patients’ health outcomes as well as healthcare...
Global Wearable Robotic Exoskeleton Market Value to Reach $8,841.6 Million and Volume to Reach 122,166 Units by 2031 Key Questions Answered in this Report: • What are the futuristic trends in this market, and how is the market expected to change over the forecast years 2021-2031? • What are the...
The Vascular Embolization market was valued at approximately USD 1,381.20 million in 2020 and is expected to witness a revenue of USD 2,375.14 million in 2026, with a CAGR of 9.50% over the forecast period. The outbreak of COVID-19 impacted the vascular embolization market, as hospitals and healthcare services for non-covid indications...
As the global chemicals industry is at the onset of the recovery phase, companies are focusing on identifying and monetizing new opportunities in the industry. The majority of the chemical industries are likely to record volume growth of 4% to 8% in the short term, depending on the chemical sub-segment and product portfolio. A large volume...
The selective laser sintering market registered a CAGR of 24%, over the forecast period (2021 - 2026). The demand for selective laser sintering equipment is going to be driven by developed countries, owing to the presence of research and development facilities in the countries. - The adoption of laser sintering printers has increased...
The Synthetic Biology Market is expected to register a CAGR of 20.7% during the forecast period. There are certain factors propelling the growth of the market, including increasing support from the government and private institutions, increasing R&D investments in drug discovery, and the development and declining cost of DNA sequencing and...
217 pages •
By Global Industry Analysts
• Apr 2021
- Global Computer Vision in Healthcare Market to Reach $3.4 Billion by 2027
- Amid the COVID-19 crisis, the global market for Computer Vision in Healthcare estimated at US$298.4 Million in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 41.4% over the analysis...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.