Press release
Surgical Robots Market Future Scope Analysis Report 2022-2031
Overview of Surgical Robots Market
The global surgical robots market is driven by rapid advances in robotic technologies and increase in demand for minimally invasive surgeries. The global surgical robots market is expected to grow at a rapid pace during the forecast period due to the surge in adoption of robotic surgeries during the COVID-19 pandemic, as patients are becoming more receptive to innovative care. Rise in integration of robotic surgery to assist surgeons is also boosting the market. According to the JAMA Network Open, a study conducted on 169,404 patients from 73 hospitals indicated that the usage of robotic surgery for all general surgery procedures increased from 1.8% in 2012 to 15.1% in 2018.
Get Sample Copy of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=75203
Technical Advancements to Drive Demand for Surgical Robots
Increase in adoption of medical robotic systems can be ascribed to the blend of technological improvements such as usage of more efficient motors, compact and light materials, power backup, sophisticated controls & safety mechanisms, and cost-effectiveness. Other technological advances in medical robotics include incorporation of magnetic resonance imaging and 3D ultrasound to facilitate real-time imaging for efficient procedure planning and easy future reference. In January 2019, TransEnterix received the FDA approval for Senhance Ultrasonic System, which is an advanced energy device that couples with Senhance robotic surgery platform. In August 2017, Globus Medical, Inc. received the FDA clearance for the Excelsius GPS system, which was acquired from Excelsius Surgical LLC in 2014. Intuitive Surgical received the U.S. FDA and CE mark approval for da Vinci X systems in the U.S. and Europe in May 2017 and April 2017, respectively.
Get Custom Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=75203
Increase in Funding for R&D on Surgical Robots Propelling Global Market
Rise in focus on development of technically advanced robotic systems has led to an increase in funding by public and private entities. This is propelling the global market. In June 2021, CMR Surgical, a private company developing next-generation robotic system for universal minimal access surgery, raised US$ 600 Mn in Series D financing. These funds would be used for the global commercialization of its surgical robotic system 'Versius.' CMR Surgical works with hospitals and surgeons to offer an ideal tool to make robotic keyhole surgery universally accessible and affordable. Additionally, the company closed Series A funding round, raising US$ 26 Mn from investors Cambridge Innovation Capital, LGT Global Invest, Escala Capital, and ABB Technology Ventures, and new investor Watrium. The company had raised an initial US$ 20 Mn first tranche in July 2016.
Enquiry before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=75203
Growth in Adoption of Robotic Systems to Boost Surgical Robots Market
In terms of component, the global surgical robots market has been classified into robotic systems, accessories & consumables, and services. The robotic systems segment held more than 60% share of the global market in 2021. The segment is expected to dominate the market during the forecast period. It is likely to grow at a CAGR of 14.4% between 2022 and 2031. Usage of surgical robots to perform surgeries is in the introductory phase. Adoption of surgical robots for different types of procedures is anticipated to boost the demand for more sophisticated and technologically advanced robotic surgery devices.
Read Report Overview @ https://www.transparencymarketresearch.com/surgical-robots-market.html
Rise in Demand for Surgical Robots in Less Invasive Gynecological Procedures to Augment Gynecological Surgery Segment
Based on application, the global surgical robots market has been classified into gynecological surgery, urological surgery, neurosurgery, orthopedic surgery, general surgery, and others. The gynecological surgery segment is projected to hold the dominant share of the global surgical robots market from 2022 to 2031. It is anticipated to grow at a fast-paced CAGR of 12.9% during the forecast period. Technological advancements in gynecological surgery enable surgeons to perform less invasive gynecological surgeries. Increase in purchasing power of hospitals and other health care settings is also anticipated to propel the gynecological surgery segment during the forecast period. Rise in need for less invasive procedures with shorter recovery time is boosting the usage of surgical robots in gynecological surgeries.
Increase in Investments in Hospital Sector to Drive Global Surgical Robots Market
In terms of end-user, the global surgical robots market has been bifurcated into hospitals and ambulatory surgical centers. The hospitals segment dominated the global market, accounting for more than 65% share in 2021. The segment's large share can be ascribed to the rise in investments in the hospital sector, particularly in developing countries.
Analysis of Key Players in Surgical Robots Market
The global surgical robots market is highly consolidated, with the top two players accounting for major share in 2021. Intuitive Surgical and Stryker dominated the global market in 2021. Intuitive Surgical held the leading share of the global market in 2021 due to its strong geographical penetration and robust surgical robot product portfolio. Stryker was the second leading player of the global surgical robots market in 2021, owing to its acquisition of MAKO Surgical Corp., a developer of advanced robotic arm assisted surgery in orthopedics, for US$ 30.00 per share, with an aggregate purchase price of US$ 1.65 Bn. New product development, technological advancements, and mergers & acquisitions are the key strategies adopted by leading players. Medtronic plc, Zimmer Biomet Holdings, Inc., Globus Medical, Inc., Auris Health, Asensus Surgical, Smith & Nephew, Think Surgical, OMNIlife Science (Corin Group), Corindus Vascular Robotics, Microsure, Medrobotics Corporation, Titan Medical, Verb Surgical, avateramedical GmbH, TINAVI Medical, and Renishaw are the prominent players operating in the global market.
Request Report Methodology @ https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=75203
Key Developments in Surgical Robots Market
On May 2, 2022, Auris Health, Inc., a subsidiary of Johnson & Johnson, announced the FDA clearance for its Monarch robotic surgery system. The system allows the robot to be used in kidney stone removal procedures. According to the company announcements, it is the first and only flexible and multispecialty robotic solution for usage in both urology and bronchoscopy. The FDA device clearance delivers company's vision to extend the robotic platform's capabilities across multiple specialties, enabling hospital systems to target two disease states using one device.
On April 26, 2022, eCential Robotics and Amplitude Surgical announced a long-term partnership to develop a joint robotic solution for knee surgery
In September 2021, India Medtronic, a subsidiary of Medtronic, launched robotic-assisted surgery platform Hugo RAS system at Medtronic's state-of-the-art Surgical Robotics Experience Center (SREC) in Gurugram, India
Each of these players has been profiled in the surgical robots market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
The global surgical robots market is driven by rapid advances in robotic technologies and increase in demand for minimally invasive surgeries. The global surgical robots market is expected to grow at a rapid pace during the forecast period due to the surge in adoption of robotic surgeries during the COVID-19 pandemic, as patients are becoming more receptive to innovative care. Rise in integration of robotic surgery to assist surgeons is also boosting the market. According to the JAMA Network Open, a study conducted on 169,404 patients from 73 hospitals indicated that the usage of robotic surgery for all general surgery procedures increased from 1.8% in 2012 to 15.1% in 2018.
Get Sample Copy of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=75203
Technical Advancements to Drive Demand for Surgical Robots
Increase in adoption of medical robotic systems can be ascribed to the blend of technological improvements such as usage of more efficient motors, compact and light materials, power backup, sophisticated controls & safety mechanisms, and cost-effectiveness. Other technological advances in medical robotics include incorporation of magnetic resonance imaging and 3D ultrasound to facilitate real-time imaging for efficient procedure planning and easy future reference. In January 2019, TransEnterix received the FDA approval for Senhance Ultrasonic System, which is an advanced energy device that couples with Senhance robotic surgery platform. In August 2017, Globus Medical, Inc. received the FDA clearance for the Excelsius GPS system, which was acquired from Excelsius Surgical LLC in 2014. Intuitive Surgical received the U.S. FDA and CE mark approval for da Vinci X systems in the U.S. and Europe in May 2017 and April 2017, respectively.
Get Custom Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=75203
Increase in Funding for R&D on Surgical Robots Propelling Global Market
Rise in focus on development of technically advanced robotic systems has led to an increase in funding by public and private entities. This is propelling the global market. In June 2021, CMR Surgical, a private company developing next-generation robotic system for universal minimal access surgery, raised US$ 600 Mn in Series D financing. These funds would be used for the global commercialization of its surgical robotic system 'Versius.' CMR Surgical works with hospitals and surgeons to offer an ideal tool to make robotic keyhole surgery universally accessible and affordable. Additionally, the company closed Series A funding round, raising US$ 26 Mn from investors Cambridge Innovation Capital, LGT Global Invest, Escala Capital, and ABB Technology Ventures, and new investor Watrium. The company had raised an initial US$ 20 Mn first tranche in July 2016.
Enquiry before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=75203
Growth in Adoption of Robotic Systems to Boost Surgical Robots Market
In terms of component, the global surgical robots market has been classified into robotic systems, accessories & consumables, and services. The robotic systems segment held more than 60% share of the global market in 2021. The segment is expected to dominate the market during the forecast period. It is likely to grow at a CAGR of 14.4% between 2022 and 2031. Usage of surgical robots to perform surgeries is in the introductory phase. Adoption of surgical robots for different types of procedures is anticipated to boost the demand for more sophisticated and technologically advanced robotic surgery devices.
Read Report Overview @ https://www.transparencymarketresearch.com/surgical-robots-market.html
Rise in Demand for Surgical Robots in Less Invasive Gynecological Procedures to Augment Gynecological Surgery Segment
Based on application, the global surgical robots market has been classified into gynecological surgery, urological surgery, neurosurgery, orthopedic surgery, general surgery, and others. The gynecological surgery segment is projected to hold the dominant share of the global surgical robots market from 2022 to 2031. It is anticipated to grow at a fast-paced CAGR of 12.9% during the forecast period. Technological advancements in gynecological surgery enable surgeons to perform less invasive gynecological surgeries. Increase in purchasing power of hospitals and other health care settings is also anticipated to propel the gynecological surgery segment during the forecast period. Rise in need for less invasive procedures with shorter recovery time is boosting the usage of surgical robots in gynecological surgeries.
Increase in Investments in Hospital Sector to Drive Global Surgical Robots Market
In terms of end-user, the global surgical robots market has been bifurcated into hospitals and ambulatory surgical centers. The hospitals segment dominated the global market, accounting for more than 65% share in 2021. The segment's large share can be ascribed to the rise in investments in the hospital sector, particularly in developing countries.
Analysis of Key Players in Surgical Robots Market
The global surgical robots market is highly consolidated, with the top two players accounting for major share in 2021. Intuitive Surgical and Stryker dominated the global market in 2021. Intuitive Surgical held the leading share of the global market in 2021 due to its strong geographical penetration and robust surgical robot product portfolio. Stryker was the second leading player of the global surgical robots market in 2021, owing to its acquisition of MAKO Surgical Corp., a developer of advanced robotic arm assisted surgery in orthopedics, for US$ 30.00 per share, with an aggregate purchase price of US$ 1.65 Bn. New product development, technological advancements, and mergers & acquisitions are the key strategies adopted by leading players. Medtronic plc, Zimmer Biomet Holdings, Inc., Globus Medical, Inc., Auris Health, Asensus Surgical, Smith & Nephew, Think Surgical, OMNIlife Science (Corin Group), Corindus Vascular Robotics, Microsure, Medrobotics Corporation, Titan Medical, Verb Surgical, avateramedical GmbH, TINAVI Medical, and Renishaw are the prominent players operating in the global market.
Request Report Methodology @ https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=75203
Key Developments in Surgical Robots Market
On May 2, 2022, Auris Health, Inc., a subsidiary of Johnson & Johnson, announced the FDA clearance for its Monarch robotic surgery system. The system allows the robot to be used in kidney stone removal procedures. According to the company announcements, it is the first and only flexible and multispecialty robotic solution for usage in both urology and bronchoscopy. The FDA device clearance delivers company's vision to extend the robotic platform's capabilities across multiple specialties, enabling hospital systems to target two disease states using one device.
On April 26, 2022, eCential Robotics and Amplitude Surgical announced a long-term partnership to develop a joint robotic solution for knee surgery
In September 2021, India Medtronic, a subsidiary of Medtronic, launched robotic-assisted surgery platform Hugo RAS system at Medtronic's state-of-the-art Surgical Robotics Experience Center (SREC) in Gurugram, India
Each of these players has been profiled in the surgical robots market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
