Surgical Robots Market Competitive Landscape and Market Poised for Rapid Growth 2027

The Global Surgical Robots Market is growing with the rapid pace mainly due to the burgeoning Healthcare Industry. According to a recent study report published by the Market Research Future

The Global Surgical Robots Market is growing with the rapid pace mainly due to the burgeoning Healthcare Industry.  According to a recent study report published by the Market Research Future, The global market of Surgical Robots is booming and expected to gain prominence over the forecast period. The global Surgical Robots market is estimated to expand enormously with a whooping double digit CAGR of 17% between 2017 and 2023.

Advancements in technology have empowered surgeons to remotely operate robots and perform surgery. Surgeons can perform a surgical procedure in emergency situations through telesurgery, with the aid of an imaging device. There are many advantages of robotic surgery over traditional open surgery like more accuracy, less pain, small insertions and many more.  Increasing automation in healthcare sector and increasing demand for the minimally-invasive surgeries and more advances robotics has led to growth of this market across the globe. Beside this increasing incident of cancer, different neurological disorders and many more diseases has provided fuel for the growth of the market. Additionally, advancements in technology over the fast few years have been directed towards reducing costs of products. This has led to increasing applications of these robots for various tasks.

 

Today, Robots are used not just for prostate surgery, but for hysterectomies, the removal of fibroids, joint replacements, open-heart surgery and kidney surgeries. They can be used along with MRIs to provide organ biopsies. The invention of robots has not only ease surgeon’s work but also play a very important role in the automation technology. 

The yore of robotics in surgery goes back to 1985, when Kwoh Et Al used the Puma 560, a robotic arm to perform neurosurgical biopsies with greater precision. 

Three years later, Davies Et Al performed a transurethral resection of the prostate using the Puma 560. It did not become a treatment of choice for TURP due to poor ultrasound imaging capabilities of the prostate. This system eventually led to the development of the PROBOT in 1988. PROBOT was developed at Imperial College London and was used to perform prostatic surgery. 

PROBOT was designed specifically to aid in the resection of prostatic tissue. The development and trial of the system have not only demonstrated the successful robotic imaging and resection of the prostate, but have also shown that soft tissue robotic surgery in general, can be successful.  

Surgical Robots Global Market – Segments

The Surgical Robots Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding; 

Segmentation By Control Mechanism                    : Comprises Direct Telemanipulator and Computer Control.

Segmentation By Robotic Surgery Approach       : Comprises Supervisor-Controlled Robotic Surgical System, Shared Control Robotic Surgical Systems, Telesurgery Systems, Robotic Radiosurgery Systems.

Segmentation By Application                                   : Comprises General Surgery, Cardiac Surgery, Gynecologic Surgery, Colorectal Surgery, Urologic Surgery, Head and Neck Surgery and other.

Segmentation By Regions                                                         : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Surgical Robots Global Market – Regional Analysis

On regional basis, America has the largest market for surgical robots. Availability of finance, well developed healthcare sector with continuous increasing prevalence of number of diseases are the major driving factor for America surgical robots market. North America is the major contributor for the Americas surgical robots market. In 2016, North America surgical robots market was USD 1,655.8 million. Europe has second leading market which is followed by Asia Pacific region. Increasing prevalence of diseases like cancer and many neurological disorder in Europe has help to grow this market. Asia Pacific region is showing slow growth for surgical robot market. Asia Pacific surgical robots market is expected to grow at a CAGR of 23.36 % forecast period from 2017-2023

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Priya Raut

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