Surgical Robotics Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Publication ⇒ Nov-23    Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC277-10M-OT

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Surgical Robotics Market – Report Overview

Pacific Business Consulting’s “Surgical Robotics Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Surgical Robotics market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The global Surgical Robotics market, valued at US$ 4.6 Billion in 2022, is projected to grow at a Compound Annual Growth Rate (CAGR) of more than 12.0% from 2023 to 2030, reaching a value of more than US$ 10.0 Billion by 2030.

Surgical robots offer significant advantages in minimally invasive surgery by enabling exceptionally precise manipulation of surgical instruments within constrained operation spaces, surpassing human capabilities. Robotic surgery is a procedure that involves the minimally invasive spectrum and represents an evolution in practice across numerous disciplines. Surgical robotics technology is used across various medical specialties, enabling surgeons to perform complex procedures through small incisions, resulting in reduced patient trauma, shorter recovery times, and enhanced patient outcomes.

The Surgical Robotics market is witnessing a surge in product demand due to the growing popularity of minimally invasive procedures. Surgical robots offer accuracy, stability, integration with modern imaging technology, a greater range of motion, telesurgery, and multiple other benefits exclusive to individual surgical specialties. These systems, including the da Vinci, the AESOP, and ZEUS systems, provide surgeons with technologically advanced vision and hand skills, revolutionizing the field of surgery.

The demand for Surgical Robotics is increasing due to a growing number of surgical procedures attributed to factors such as an increasing geriatric population, which forms a significant part of the at-risk population for various diseases. The growing need for robot-assisted surgery systems due to the inclination towards minimally invasive surgical approaches and innovation in product development, including miniaturized surgical robots, is contributing to the overall growth of the Surgical Robotics market.

The increase in demand and acceptance of laparoscopic or minimally invasive surgery (MIS) due to benefits for patients and surgeons, such as better screening, greater precision, shorter hospitalization, and reduced pain and discomfort, is fueling market growth. The surge in the number of gynecological, neurological, and urological diseases is a key factor driving the growth of the surgical robotics market.

Surgical robotics enable minimally invasive procedures, involving smaller incisions, reduced trauma to surrounding tissues, and quicker recovery times, which propels market growth. Many surgical robotic systems incorporate advanced visualization technologies, such as high-definition 3D imaging and augmented reality, providing surgeons with a clearer view of the surgical site and enhancing their ability to perform intricate tasks.

The growth of the surgical robotics market is expected to be driven by the availability of improved healthcare infrastructure, increased unmet healthcare needs, a rise in the prevalence of chronic diseases, and a surge in demand for advanced surgical robotics products. The increasing need for automation in the healthcare industry and the trend towards advanced robotic surgeries are fueling market growth. Untapped economies, such as Brazil, India, China, and other developing economies, are creating lucrative opportunities for the surgical robotics market.

The demand for surgical robotics is not limited to developed countries but is also witnessed in developing countries, such as China and India, fueling market growth. Factors such as the rise in the number of surgeries drive the adoption of robotic technologies across different specialties. As the global population ages, there is a greater need for surgical interventions to address age-related health conditions, boosting market growth.

High initial costs associated with acquiring and implementing robotic systems, regulatory complexities, concerns regarding patient safety, and the need for specialized training for surgeons pose challenges for the rapid expansion of the surgical robotics market. Recessions may slow down market growth due to financial constraints, cautious adoption, and shifting priorities.

Key players in the Surgical Robotics segment, including Smith & Nephew PLC, Accuray Incorporated, THINK Surgical, Renishaw plc, Zimmer Biomet, Corindus, Inc (Siemens Healthineers), Preceyes BV, MicroSure, Intuitive Surgical Inc, Stryker, Medtronic, avateramedical GmbH, CMR Surgical Ltd, Medicaroid Corporation, Medrobotics Corp, Asensus Surgical US, Inc, Globus Medical, and Microport Scientific Corporation, are expected to shape the future landscape of Surgical Robotics technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Surgical Robotics market. It also delves into the analysis of present and prospective market competition within the global Surgical Robotics market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

  • Develop your business strategies by gaining insights into the trends that shape and drive the Surgical Robotics market across the 10MM (Ten Major Markets).
  • Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Surgical Robotics market.
  • Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
  • Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
  • Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
  1. Executive Summary: Surgical Robotics
    • Global Market Outlook: Surgical Robotics
  2. Competitive Intelligence Analysis: Surgical Robotics
  3. Therapeutic Sector SWOT
  4. Technology Roadmap Analysis: Surgical Robotics
  5. Market Background
    • Drivers
    • Restraints
    • Opportunity
    • Key Market Trends
    • Key Unmet Needs
  6. Key Marketed Products Profile – Major Approved Products: Surgical Robotics
    • Product Profile
    • Safety and Efficacy
  7. Regulatory Landscape
  8. Surgical Robotics: Ten Major Market (10MM) – Market Analysis, By Component
    • Systems
    • Accessories
    • Services
  9. Surgical Robotics: Ten Major Market (10MM) – Market Analysis, By Surgery Type
    • General Surgery
    • Gynecology Surgery
    • Neurosurgery
    • Urology Surgery
    • Orthopedic Surgery
    • Others
  10. Surgical Robotics: Ten Major Market (10MM) – Market Analysis, By End User
    • Hospitals
    • Ambulatory Surgical Centers
    • Academic & Research Organizations
    • Others
  11. Surgical Robotics: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. S. Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. K. Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. Germany Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. France Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. Italy Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. Spain Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. Japan Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. China Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. Australia Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. India Surgical Robotics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Component
      • By Surgery Type
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Component
      • By Surgery Type
      • By End User
  1. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

  1. Assumptions and Acronyms Used
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
  3. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
  4. Copyrights and Disclaimer

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