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May 22, 2020 4:37 PM ET

Robotic Surgery Market Forecast 2020 to 2026

iCrowd Newswire - May 22, 2020

In-depth analysis of various insights, namely, Robotic Surgery Market trends, growth drivers, opportunities, and other related challenges.

Robotic Surgery Market2020 Global Industry Size, Growth, Share, Industry Trends and Regional Forecast to 2026 is comprehensive study on Global Robotic Surgery Market published by “Fortune Business Insights”. According to report the global Robotic Surgery market size is predicted to grow $13,271.6 Million by 2026, exhibiting a CAGR of 16.6% during the forecast period.


An Overview of the Impact of COVID-19 on Robotic Surgery Market:


The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.


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Global Robotic Surgery Market Insights:


The gynaecology segment is likely to gain significant momentum and lead the global market over the forecast years. Fortune Business Insights reports that this segment covered a share of 28.7% and is expected to account for the highest share in the market by 2025. The report observed that this segment is leading on account of an extensive use of robotic-assisted surgical procedures in the healthcare sector. Besides gynaecology, the orthopaedics segment is also projected to grow at a higher CAGR in the forecast years.


Robotic Surgery Industry Key Players Analyzed in Report Are:


Medtronic, Zimmer Biomet, Accuray Incorporated, Smith and Nephew, CMR Surgical Ltd., Verb Surgical Inc., and Avatera Medical GmbH.


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Robotic Surgical Procedures Market Size, Share and Industry Analysis By Product Type (Gynecology, Urology, General Surgery, Orthopedics and Others), and Regional Forecast 2018-2025.


The robotic surgical procedures market is likely to be dominated by Intuitive Surgical Inc. as per revenue. In 2017, the company was leading with more than half of the share in the global market. This is primarily on account of high installed base in countries such as the U.S. and some countries in Europe. Furthermore, the company’s Da Vinci family of robotic surgical systems is continuously receiving approvals regarding new areas of application.


Increasing Need for Automation in Healthcare to Influence Overall Growth


“The healthcare industry is transforming with the introduction of technological developments such as 3D imaging sensors, microscopic cameras, and robotic surgical instruments,” says a lead analyst at Fortune Business Insights. “This is further expected to enhance surgical outcomes and drive the market over the next few years,” he added. Automation is emerging in healthcare industry as it reduces the requirement for human work and optimizes clinical outcomes.


Robotic Surgery Market Growth And Restraints Analysis:


Some countries are not able to afford the high costs associate with robotic surgical procedures. The high cost involved in robotic systems may therefore restrict the market’s growth. In addition to this, increasing cases of mortality while conducting robotic surgeries pose a serious threat to the market in the coming years. Be it as it may, some of the developing economies such as China, India, and Brazil are expected to create impressive growth opportunities in the market by 2025.


Another leading company in the market is Stryker owing to its acquisition of another company called MAKO Surgical Corp. in the year 2013. Some of the other leading companies operating in the global market include Medtronic, Zimmer Biomet, Accuray Incorporated, Smith and Nephew, CMR Surgical Ltd., Verb Surgical Inc., and Avatera Medical GmbH.


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Highlights of the Report:


In-depth analysis of various insights, namely, Robotic Surgery Market trends, growth drivers, opportunities, and other related challenges.


Comprehensive details of key market players, their core competencies, and Robotic Surgery Market share.


The potency of suppliers and buyers to make better business decisions.


Lists out the market size in terms of volume.


Key questions answered in the report:












Table of Content:




Research Scope


Market Segmentation


Research Methodology


Definitions and Assumptions


Executive Summary


Market Dynamics


Market Drivers


Market Restraints


Market Opportunities


Key Insights




About Us:


Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.


Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.


At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact Us:


Fortune Business Insights Pvt. Ltd.


308, Supreme Headquarters,


Survey No. 36, Baner,


Pune-Bangalore Highway,


Pune 411045, Maharashtra, India.




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Email:[email protected]



Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Robotic Surgery Market Forecast 2020 to 2026


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