Hospital Segment is Expected to Dominate the US Surgical Robots Market | TechSci Research

Launch of cost-effective and flexible surgical robots is expected to drive the United States surgical robots market for the forecast period.

According to TechSci Research report, “United States Surgical Robots Market By Component (Systems, Instruments & Accessories, Services) By Mechanism of Control (Computer Control v/s Direct Telemanipulator) By Application (Urologic Surgery, Orthopedic Surgery, General Surgery, Gynecology, Others) By End User (Hospitals & Clinics v/s Ambulatory Surgical Centers) By Company, By Region, Forecast & Opportunities, 2026”, The United States surgical robots market is expected to witness significant growth for the next five years. To carry out the complex surgical procedures with precision, the need for surgical robots is on rise. Surgical robots are basically used in orthopedic, urological, neurosurgeries, gynecological and other minimal invasive surgeries. Increasing adoption of advanced robotics for pediatric and general surgeries is accelerating the market growth. Availability of funding for research and development activities by government authorities is expected to drive the surgical robots market for the next five years. Growing adoption for minimally invasive surgeries owing to benefits such as reduction in duration for hospital stay is boosting the growth of the market. Growing prevalence of arthritis, osteoporosis and related injuries are creating the need for knee and hip replacement surgeries. Therefore, the increasing number of surgeries is expected to accelerate the growth of the surgical robots market. Increase in usage of surgical robots to treat the patients suffering from tumors, and other brain conditions along with adoption of latest technologies and fast internet services is expected to bolster the surgical robots market growth.

The COVID-19 outbreak across the world which has been declared as pandemic by World Health Organization has affected countries adversely. Leading authorities in United States imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus affected patients started suffering from shortness of breath along with coughing and sneezing which created lucrative opportunities for the growth of the respiratory care devices market. United States authorities increased the capacity of hospitals as a greater number of patients were getting affected daily and getting admitted into the hospital facilities. Due to the pandemic healthcare institutions are asked to not perform elective surgeries to avoid the possibility and save resources for coronavirus suffering patients which is expected to hit the surgical robots market adversely.

However, high cost for robot-assisted surgeries may create hindrance in the growth of the surgical robots market.

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United States surgical robots market is segmented into component, mechanism of control, application, end user, regional distribution, and company. Based on component, market is further divided into systems, instruments & accessories, and services. The systems segment is expected to account for major market share for the forecast period, 2022-2026. It includes the robotics system which are used to perform surgical procedures. Robotic systems contain additional features such as 3D-HD visualisation and contains magnification capabilities thereby fueling the demand for surgical robots from healthcare industry. Based on end user, market is fragmented into hospitals & clinics and ambulatory surgical centres. The hospital segment is anticipated to dominate the market for the next five years due to high number of surgical procedures performed in the hospitals and high number of in-patient visits. Presence of skilled healthcare professionals and development of better infrastructure is expected to contribute to high growth of the market.

Medtronic USA, Inc, Intuitive Surgical, Inc., Stryker Corporation, Johnson & Johnson, Medrobotics Corporation, TransEnterix, Inc., Zimmer Biomet Holdings, Inc., Think Surgical, Inc., Accuray Incorporated, Globus Medical, Inc. are the leading players operating in United States surgical robots market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several surgical robots manufacturers are coming up with their technologically advanced offerings.

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“There is high demand for ambulatory surgery centers in United States as they are more cost-effective as they offer lower-cost site of care than hospital facilities. Ambulatory surgery centers specialize in preventive, surgical and diagnostic procedures and do not hospital admissions. Ambulatory surgery centers are adopting robot-assisted surgeries at large scale for quick process and successful outcome. Also, the technological advancements in field of motion sensors, data analytic systems, data recorders, 3D imaging, remote navigation technology systems is aiding in development of more efficient and interactive surgical robots which is expected to propel the growth of the surgical robot market until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“US Surgical Robots Market By Component (Systems, Instruments & Accessories, Services) By Mechanism of Control (Computer Control v/s Direct Telemanipulator) By Application (Urologic Surgery, Orthopedic Surgery, General Surgery, Gynecology, Others) By End User (Hospitals & Clinics v/s Ambulatory Surgical Centers) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of United States surgical robots market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of United States surgical robots market.

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Global Surgical Robots Market By Component (Systems, Instruments and Accessories, Services), By Mechanism of Control (Computer Control, Direct Telemanipulator), By Application (Orthopedic Surgery, Endometriosis, General Surgery, Neurosurgery, Thoracic Surgery, Colorectal Surgery, Gynecology, Heart Surgery, Urologic Surgery and Others), By End User (Hospitals & Clinics and Ambulatory Surgical Centers), By Region, Competition, Forecast & Opportunities, 2025

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Global Healthcare Robotics Market By Type (Surgical, Non-Surgical {Hospital Logistics Robots, Rehabilitation Robots, Telepresence Robots, Radiotherapy Robots, Others}), By Product (Da Vinci, Mako System, Sensei X Robotics System, Cyber Knife, The CorPath System, others), By Application (General Surgery, Gynecology, Urology Surgery, Colorectal Surgery, Orthopedic, Others), By End User (Hospitals and Clinics, Rehabilitation Centers, Others), By Region, Competition, Forecast & Opportunities, 2025

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North America to Dominate Surgical Robots Market During Next Five Years

Improving healthcare IT infrastructure across the globe to drive the growth of global surgical robots market

According to TechSci Research report, “Global Surgical Robots Market By Component (Systems, Accessories, Services), By Mechanism of Control (Computer Control v/s Direct Telemanipulator), By Application (Endometriosis, Thoracic Surgery, Colorectal Surgery, Heart Surgery, Urologic Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, Others), By Region, Forecast & Opportunities, 2025”, the global surgical robots market is expected to grow at a significant rate during the forecast period on account of widespread adoption of robotic assisted surgeries in various hospitals, clinics and ambulatory surgical centers. Additionally, increasing geriatric population coupled with the growing adoption of minimal invasive surgery procedures is further expected to propel the market during forecast period. Furthermore, surgical robots make it easiers for the surgeons to carry out complex procedures with comparatively smaller incisions. Similarly, they provide a better view of access of incision sites as well as improves the efficiency of the entire procedure. Moreover, surgeries done with the assistance of surgical robots require less time as compared to the conventional surgeries. Also, there is less pain, shorter hospital stays and lesser post operation complications. These factors are anticipated to positively impact the growth of market. Besides, increasing regulatory approvals by the FDA and other regulatory agencies is expected to bolster the growth of market across the globe. However, high initial investments and high cost of installation can hamper the growth of market during forecast period. Additionally, a robot assisted surgery requires a skilled professional, thereby hampering down the growth of market due to the need of extra skilled man power. Additionally, mechanical failures and technical glitches experienced during the surgical procedures impede the market growth. Furthermore, increase in mortality rate and injuries during robotic surgeries are expected to restrict the growth of market during the next five years.

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The global surgical robots market is segmented based on component, mechanism of control, application, end user, company and region. Based on component, the market can be categorized into systems, accessories and services. The services segment is expected to register the highest growth during forecast period owing to the increase in the number of robotic surgeries. This rise in the use of surgical robots in surgical procedures can be ascribed to the growing geriatric population suffering from chronic diseases such as cancer, cardiovascular diseases, diabetes, among others. The systems segment is expected to hold a significant market share through 2025 on account of the growing demand for surgical robots in hospitals that offer robot assisted surgical procedures for complicated cases. Based on application, the market can be segmented into endometriosis, thoracic surgery, colorectal surgery, heart surgery, urologic surgery, neurosurgery, orthopedic surgery, general surgery and others. The orthopedic surgery segment is expected to dominate the market on account of the extensive use of surgical robots in knee replacement surgeries. On the contrary, the neurosurgery segment is expected to hold a significant market share owing to the growing cases of neurological dysfunctions, brain strokes, among others. The use of surgical robots in these procedures improves the precision, control and skill of the surgery and offers high quality operating interventions to the patients. The general surgery segment will also grow over the next few years owing to the increased use of surgical robots in general procedures such as bariatric surgery, gastrectomy, among others. Based on end user, the market can be fragmented into hospitals & clinics, ambulatory surgical centers and others. The hospitals & clinics segment is anticipated to dominate the market attributable to the growing focus on carrying out surgeries with better precision. Additionally, use of surgical robots ensures ease and comfort to the surgeon also.

Intuitive Surgical, Stryker Corporation, Mazor Robotics, Smith & Nephew, Hansen Medical, Medrobotics Corporation, TransEnterix Inc., Medtech, Renishaw, THINK Surgical, Zimmer Biomet, Corindus Vascular Robotics, Auris Health, Inc., CMR Surgical, Verb Surgical, Omnilife Science, Inc., Preceyes BV, Microsure, Titan Medical Inc., Avatera Medical GmbH and others are some of the leading players operating in global surgical robots market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share. For instance, in March 2019, Smith & Nephew, a global medical technology company, announced the product launch of Navio Surgical System and its investment, which would help in establishing its multi-asset robotic and digital surgery and ecosystem. The NAVIO 7.0 is designed for improving the surgeon’s experience through expanded surgical preferences, streamlined workflow and a new intuitive interface which would reduce the surgery time as compared to the previous version. This would help in expanding the product portfolio of the company.

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“North America is expected to dominate the surgical robots market during the forecast years, owing to the availability of funding for R&D in surgical robots in the region. Additionally, presence of well-established healthcare infrastructure in the region is further anticipated to spur the market through 2025. Moreover, presence of key manufacturers operating in the market in the region is expected to create lucrative opportunities for the growth of market until 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Surgical Robots Market By Component (Systems, Accessories, Services), By Mechanism of Control (Computer Control v/s Direct Telemanipulator), By Application (Endometriosis, Thoracic Surgery, Colorectal Surgery, Heart Surgery, Urologic Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global surgical robots market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global surgical robots market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com