Assistive
robots and artificial intelligence (AI) technology are quickly becoming
important part of our daily lives. A large number of robotic tools are being
used in surgical interventions. Demand for robotic surgery
devices
The global
robotic surgery devices market can be segmented based on product type, surgery
type, and region. In terms of product type, the market can be categorized into
systems, accessories, and services. Based on surgery type, the global robotic
surgery devices market can be classified into gynecology, cardiac, spinal,
urology, vascular, oncology, and general laparoscopy surgery. In terms of
region, the global robotic surgery devices market can be segmented into North
America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America is projected to continue its dominance of the global robotic
surgery devices market owing to greater acceptance of technology advancements,
significant R&D expenditure, and increase in investments for such
innovations.
However, a
number of challenges exist in the field of advanced surgical robotics which can
hamper market growth during the forecast period. Lack of skilled trainers, high
learning curve, and resistance in terms of adoption of technology by senior
surgeons are the major restraints of the global robotic surgery devices market.
Organizational and regulatory challenges and high capital expenditure are the
other factors hampering the growth of the global surgical robots market. For
instance, cost of the advanced fourth-generation da Vinci Xi system is
approximately US$ 1.9 Mn which increases with add-on cost of disposables and
appendages, making it an expensive procedure. However, the advantages of
surgical robots offset these restraints. Hence, doctors and hospitals are
increasingly adopting these systems. However, the next generation surgical
robotics market is still in a nascent stage. Advancements in technology make it
a highly lucrative market for the future.
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Key players
in the global robotic surgery devices market are Intuitive Surgical,
TransEnterix International, Inc., Stryker Corporation, Hansen Medical, Zimmer
Biomet, Corindus Vascular Robotics, Stereotaxis, Inc., and Smith & Nephew,
plc.
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but not limited to: Regional markets, technology, types, and applications.
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has been compiled through extensive primary research (through interviews,
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entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by
analyzing data gathered from industry analysts and market participants across
key points in the industry’s value chain.
A separate
analysis of prevailing trends in the parent market, macro- and micro-economic
indicators, and regulations and mandates is included under the purview of the
study. By doing so, the report projects the attractiveness of each major
segment over the forecast period.
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