1. Market Research
  2. > Robotics Market Trends
Global Robotic Surgery Market by Region (North America, Europe, Asia Pacific and ROW), by Product Type (Surgical Robot System, Instruments and Accessories and Services) - Outlook to 2022

Global Robotic Surgery Market by Region (North America, Europe, Asia Pacific and ROW), by Product Type (Surgical Robot System, Instruments and Accessories and Services) - Outlook to 2022

  • December 2017
  • 120 pages
  • ID: 5472735
  • Format: PDF
  • By Ken Research Private Limited

Summary

Table of Contents

Ken Research announced its latest publication on "Global Robotic Surgery Market by Region (North America, Europe, Asia Pacific and ROW), by Product Type (Surgical Robot System, Instruments and Accessories and Services) - Outlook to 2022" provides a comprehensive analysis of the robotic surgery market globally. The report focuses on the major surgical robots of the industry. The report covers aspects such as robotic surgery market by its key segments including market size by regions, product type, application and brands. It also covers the robotic surgery market by its product categories including surgical robot system, instruments and consumables and services. The publication also includes competitive landscape and current and anticipated market share of major brands and companies. The reports also provides in depth case studies for cost comparison of robotic surgery and laparoscopic procedures, merger and acquisitions in the market. Furthermore, the report includes snapshot on the robotic surgery market of the US and Europe. The future analysis of overall Global Robotic Surgery Market and by regions with estimated demand projections has also been discussed along with analyst recommendations.


Global Robotic Surgery Market
Rise in need for faster recovery, reduced pain and discomfort has led to growth of global robotic surgery market in the past few years. Owing to rising adoption of minimally invasive surgeries, the market for global robotic surgery grew at a healthy pace during 2011-2016. During the concerned period, market grew predominantly due to increase in sales of da Vinci systems across the world and surgical procedures performed by them. The number of installed da Vinci systems grew from ~ in 2012 to ~ in 2017 and the number of surgical procedures conducted inclined from ~ in 2012 to ~ in 2017. The market growth was also aided due to the commercial launch of several new systems in the US and/or Europe and other territories.


 
Global Robotic Surgery Market Segmentation


 
By Regions: North America accounted for the highest market share in 2016, in terms of revenue. This was primarily due to high standards of healthcare infrastructure, high patient awareness levels and high healthcare expenditure by consumer and government as compared to other regions of the world. Over ~% of the North American revenue was due to high adoption of robotic surgery systems in the US. Of the ~ da Vinci systems installed worldwide, ~ of them were installed in the US alone. North American market was followed by Europe, Asia-Pacific and Rest of the World (ROW).


 
By Product Type: Instruments and accessories such as sterile drapes, light guides, and camera heads facilitate the use of robotic systems and are required to be replaced after every procedure. As a result, instruments and accessories was the largest revenue generating segment in 2016 owing to the rising volume of robot-assisted surgeries worldwide. Incline in the number of surgical robots installed in hospitals coupled with high cost of robotic surgery systems resulted in robotic systems to account for a significant market share in 2017, in terms of revenue. All surgical robots required regular maintenance such that they perform surgeries with extreme precision. However, services generated the least revenue in the overall global robotic surgery market in 2017.


 
By Application: Gynecology was the largest segment wherein robotic systems were used widely for surgeries as compared to other fields of application. Gynecology comprised for ~% market share in the overall global market for robotic surgeries in the year 2017. Approximately, ~ gynecology robotic surgeries were performed in the US alone in 2016 and over ~ are expected to be performed by the end of 2017. The high utilization in gynecology was due to the effectiveness of surgical robots over classical methods, faster recovery, lesser blood loss and proven track record in the past. Use of surgical robots in Gynecology was followed by General Surgery (~%), Urology (~%), Orthopedic (~%), Neurology (~%) and all other surgical procedures (Transoral surgery, radiology surgery, hair transplants and many more).


 
Competitive Landscape
The global market for robotic surgery is very concentrated and highly competitive, owing to the fact that the leading player has a clear dominance and first mover advantage over others. Technological advancements and new product launches will increase the level of competition in the already competitive market. The fact that all companies developing surgical robots also provide accessories and consumables required for every surgical procedure, and also provides round the clock service / maintenance support will further intensify the market’s competitive environment. Intuitive Surgical has been marketing its system since 2000’s and as a result clearly dominated the market for robotic systems by comprising for about market share of ~% in 2017. Some other leading companies in this space including Accuray, Stryker, Mazor Robotics, Smith and Nephew and Zimmer Biomet comprised for market share of ~%, ~%, ~%, ~%, and ~%, respectively in 2017.


 
Global Robotic Surgery Market Future Outlook and Projections
The key factors driving the growth of the robotic surgery market are rise incidence of chronic disease, growth in minimally invasive surgery (MIS), and incline in number of surgical robots getting clearance from regulatory authorities. The market is also expected to grow due to technological innovations such as the capsule robot system, software/applications and imaging system, increasing geriatric population base and increasing per capita healthcare expenditures. During the forecast period, at least ~ surgical robots are expected to be commercially launched in the US and/or European markets. Around ~ of them are expected to be launched as direct competitors to da Vinci system for specific soft tissue surgeries. Overall, the market for robotic surgery is expected to grow at a CAGR of ~% during the period 2017-2022.


 
Key Topics Covered in the Report:


 

 
  • Global Robotic Surgery Market Size by Revenue

 
  • Global Robotic Surgery Market Segmentation by Regions, by Product Type, by Application, by Brands, 2017

 
  • Trends and Developments in Global Robotic Surgery Market

 
  • Competitive Landscape of Global Robotic Surgery Market

 
  • Company Profiles of Major Furniture Market Players

 
  • Cost Comparison of Robotic Surgery and Laparoscopic Procedures

 
  • Mergers and Acquisitions in Global Robotic Surgery Market

 
  • Snapshot on US Robotic Surgery Market

 
  • Snapshot on Europe Robotic Surgery Market

 
  • Future Outlook for Global Robotic Surgery Market

 
  • Analyst Recommendation

 
  • Macro-Economic Factors Impacting Global Robotic Surgery Market

 

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Exoskeleton Robots Industry

Global Exoskeleton Robots Industry

  • $ 4950
  • October 2019

Exoskeleton Robots market worldwide is projected to grow by US$2.1 Billion, driven by a compounded growth of 40.9%. Healthcare, one of the segments analyzed and sized in this study, displays the potential ...

Global Surgical Navigation Systems Industry

Global Surgical Navigation Systems Industry

  • $ 4950
  • October 2019

Surgical Navigation Systems market worldwide is projected to grow by US$377.6 Million, driven by a compounded growth of 6.1%. Hospitals, one of the segments analyzed and sized in this study, displays the ...

Global Surgical Robots Industry

Global Surgical Robots Industry

  • $ 4950
  • October 2019

Surgical Robots market worldwide is projected to grow by US$3.6 Billion, driven by a compounded growth of 10%. Surgical System, one of the segments analyzed and sized in this study, displays the potential ...


Download Unlimited Documents from Trusted Public Sources

Robotics Industry in the UK

  • September 2019
    63 pages
  • Robotics  

    Service Robot  

    Industrial Robo...  

  • United Kingdom  

    Japan  

    World  

View report >

Global Medical Robot Market

  • September 2019
    2 pages
  • Medical Robot  

    Surgery  

    Hospital  

  • World  

    India  

    United States  

View report >

Global Industrial Robot Industry

  • July 2019
    96 pages
  • Industrial Robo...  

    Robotics  

    Augmented Reali...  

  • World  

    China  

    United States  

View report >

Global Robotics Industry 11 months ago

Global Robotics Industry 11 months ago


ref:plp2017

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on