Summary

Surgical robotic systems are technological developments that use robotic systems to aid in surgical procedures. The global robotic surgical systems market for general surgery, excluding accessories, was estimated to be at more than $770M in 2017 across the 39 markets covered in this report. By the end of the forecast period in 2024, GlobalData estimates the market will grow to approximately $1.8 Billion at a Compound Annual Growth Rate (CAGR) of more than 13%.

Key drivers of the robotic surgical systems market for general surgery in the forecast period are -

  • Expected increase in the number of indications and procedures that can be carried out using robotic surgical systems.
  • New companies are expected to enter the robotic surgical systems market with their own products in the forecast period.



Even though the first robotic surgical systems were approved for use in the healthcare setting in 2000, the products are still considered to be an innovation in hospitals where they are used. The systems are intended to assist the surgeons carry out surgical procedures; benefits to surgeons include a surgical procedure that can be carried out with less tremor compared to a conventional surgical technique, ease of access to anatomies that are difficult to reach, and, in some cases, lower post-operative complications in patients.Currently available systems have high acquisition costs, and therefore not all hospitals are able to have one of these innovative products on their premises. However, there is an expectation that newer companies will enter the market and offer lower-priced robotic surgical systems in the forecast period. Also, there is an expectation that the procedural capabilities of these systems will increase in the future. All these factors are expected to drive the growth of this market.

The report "MediPoint: Robotic Surgical Systems - Global Analysis and Market Forecasts", provides -

  • Annualized total market revenue by type of device, procedure trends, and market outlooks by region through 2024.
  • Key topics covered include strategic competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region covered in the report, and implications of the emerging technologies on the market.
  • Pipeline analysis: Comprehensive data split across different stages of development and analysis of emerging trends in design.
  • Analysis of the current and future market competition in the global Surgical Robotics Systems market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.



Companies mentioned in this report: Auris Surgical Robotics, Versius Surgical Robotic System, Medrobotics Corp, Flex Robotic System, TransEnterix, Intuitive Surgical, Titan Medical and Verb Surgical


Scope

  • Overview of the Surgical Robotics Systems market, including reimbursement trends and M&A analysis
  • Annualized total market revenue by type of device, procedure trends, and market outlooks by region through 2024.
  • Key topics covered include strategic competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region covered in the report, and implications of the emerging technologies on the market.
  • Pipeline analysis: Comprehensive data split across different stages of development and analysis of emerging trends in design.
  • Analysis of the current and future market competition in the global Surgical Robotics Systems market. Insightful review of the key industry drivers, barriers, and challenges. Each trend is independently researched to provide qualitative analysis of its implications.




Reasons To Buy

The report will enable you to -

  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
  • Develop business strategies by understanding the trends shaping and driving the global Surgical Robotics Systems market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global Foams market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track device sales in the global and regional Surgical Robotics Systems market from 2017-2024.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.