This report presents a strategic analysis of the Global Robotic Surgery Services Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Global Robotic Surgery Services Market, offering unmatched value, accuracy and expert insights.
With the aid of surgical robots, surgeons may perform intricate surgical procedures more precisely. Gynecological, urological, orthopaedic, general, neuro surgeries and other minimally invasive operations are where they are most frequently employed. The benefits of robotic surgery, improvements in surgical robot technology, rising usage of surgical robots, and increased funding for medical robot research are the main factors driving this market's growth.
The Global Robotic Surgery Services Market size is at around US $ xx Bn in 2021 and is projected to reach US $ xx Bn in 2030, exhibiting a CAGR of xx% during the forecast period.
Global Robotic Surgery Services Market Size (In $Bn)
Market Growth Drivers Analysis
The advantages connected with these treatments, such as smaller incisions, fewer cuts, decreased scarring, reduced discomfort, increased safety, quicker recovery times, and significant cost savings, are driving up demand for minimally invasive surgeries (MIS) globally. These benefits are enhanced by robotic minimally invasive surgery, which provides improved accuracy, repeatability, control, and efficiency.
Changes in healthcare insurance coverage and rules have a significant impact on individuals' out-of- Minimally invasive procedures cost less money than robotically assisted procedures. Only unique and complicated clinical situations are recommended for robotic hysterectomy by the American Congress of Obstetricians and Gynecologists. According to the association, the cost of hysterectomy surgeries in the US would increase by an estimated USD 960 million if robotic surgery were to be used for all hysterectomies. The CyberKnife robotic system costs about USD 4 million per unit, whereas the da Vinci system, one of the most popular robotic systems, costs between USD 1.5 million and USD 2.5 million.
The key players have a strong foothold in the market and offer a wide range of products. Some of the key players in this market are Intuitive Surgical, Stryker Corporation, Medtronic, Smith & Nephew, and Zimmer Biomet among others.
1. Report Description of the Global Robotic Surgery Services Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Global Robotic Surgery Services Market Executive Summary
2.1 Global Robotic Surgery Services Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Global Robotic Surgery Services Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Global Robotic Surgery Services Market Segmentation
4.1 By Product and Services
4.1.1 Instruments and Accessories
4.1.2 Robotic Systems
4.2 By Application
4.2.1 General Surgery
4.2.2 Gynecological Surgery
4.2.3 Urological Surgery
4.2.5 Orthopedic Surgery
4.2.6 Other Applications
4.3 By End User
4.3.2 Ambulatory Surgery Centers
5. Global Robotic Surgery Services Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Global
8.2 Regulatory Framework in Global
8.3 Pricing & Reimbursement Scenario in Global Robotic Surgery Services Market
9. Factors Driving Future Growth
9.1 New Trends and Development Global Robotic Surgery Services Market
9.2 Future Opportunities
10. Strategic Recommendations
By Product and Services (Revenue, USD Billion):
The surgical robotics market volume data has been covered for all the major surgical robotics systems. In terms of value, the surgical systems market is anticipated to expand at a CAGR of 11.22% from 2018 to 2025.
By Application (Revenue, USD Billion):
Gynecology accounted for the largest market share in 2017 and is anticipated to expand at a CAGR of 7.0% from 2018 to 2025. This is explained by the rising prevalence of gynecological complications in women worldwide and the ongoing development of robotic technologies.
By End User (Revenue, USD Billion):
The hospitals' segment had the largest market value in 2017 and experienced a CAGR of 13.20% from 2018 to 2025. However, during the projected period of 2018–2025, the ambulatory surgical center's income is predicted to rise at the highest CAGR of 18.20%.
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