July 05, 2022
According to the recent research report titled ‘Global Surgical Robotics Market 2022-2028’ available with MarketStudyReport, global surgical robotics market is predicted to account for USD 17,370 million by 2028, exhibiting a CAGR of 14.2% through the forecast duration.
Increasing adoption of surgical robots, growing demand for robotic-assisted surgery, technological advancements in surgical robots, and the surging funding for medical robot research activities are predominately fueling the expansion of global surgical robotics market.
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This research document provides detailed information on critical areas such as driving factors and hurdles that will shape the market's future growth from 2022 to 2028. The various market segmentations are also assisted in properly understanding the current trends and revenue-generating prospects, allowing investors to make profit-driven decisions.
The report is documented in a way that comprises both qualitative and quantitative aspects of the industry within each of the regions and their respective growth potential mentioned in the study. Additionally, important information regarding the inventions brought about by the COVID-19 pandemic is also included in the research report for a more reliable estimation of the overall industry development over the analysis timeframe.
Moving forward, global surgical robotics industry is segmented into component type, surgery type, end-user spectrum, and regional outlook.
Based on component type, the market is divided into accessories & instruments, systems, and services. The accessories & instrument segment captured the largest market share and is anticipated to amass substantial gains through study timeframe, primarily due to the growing demand for robotic-assisted surgery.
In terms of surgery type, this marketplace is further segregated into gynecological surgery, general surgery, orthopedic surgery, neurosurgery, urological surgery, and others. The end-user spectrum of global surgical robotics market sphere consists of hospitals, ambulatory surgery centers (ASCs), and others.
The regional outlook of this business space includes Asia Pacific, North America, Europe, and rest of the world.
The competitive landscape of global surgical robotics marketplace consists of leading companies such as Globus Medical Inc., Siemens AG, Medtronic Plc, Johnson & Johnson, Smith & Nephew plc, Titan Medical Inc., Stryker Corporation, and Zimmer Biomet Holdings Inc., among others.