Surgical Robotics Industry 2019 Global Market – Key Players, Size, Share, Growth, Trends, Opportunities, Growth and Analysis to 2025
Key Companies Analyzed in Surgical Robotics Market Report are: - Auris Health Inc., Intuitive Surgical, Inc., KUKA AG, Stryker, Mazor Robotics, Renishaw plc., Medtronic, and Zimmer Biomet Holdings Inc.
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The key factors driving the growth of the Global Surgical Robotics market is the increasing need for automation in the healthcare industry and the shifting trend towards advanced robotic surgeries.
The high cost associated with surgical robotic surgeries & robotic systems will hamper the market growth. The dearth of trained healthcare professionals impedes the growth of the Global Surgical Robotics market.
Based on surgery type, the Global Surgical Robotics market is segmented into gynecology surgery, urology surgery, neurosurgery, orthopedic surgery, general surgery, and other surgeries. Orthopedic surgery holds a dominant position in the Global Surgical Robotics market owing to the rise in orthopedic injuries.
Based on component, the Global Surgical Robotics market is bifurcated into systems, accessories, and services. Accessories dominated the Global Surgical Robotics market in terms of revenue owing to the wide usage of accessories per surgical procedure.
North America dominated the Global Surgical Robotics market in 2017 and in expected to retain its dominance throughout the forecast period. This is attributed to the well-established healthcare infrastructure and the increase in adoption of surgical robotic systems across various healthcare settings.
Moreover, the market is classified based on regions and countries as follows:
- North America- U.S., Canada
- Europe- Germany, U.K., France, Rest of Europe
- Asia-Pacific- China, Japan, India, Rest of Asia Pacific
- Latin America- Brazil, Mexico, Rest of Latin America
- Middle East & Africa- UAE, South Africa, Saudi Arabia, Rest of Middle East & Africa
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Key Benefits of the Report:
*Global, regional, country, propulsion type, and application market size and their forecast from 2019-2025
*Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
*Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
*Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
*Analysis on Key players strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
Target Audience:
*Surgical Robotics Manufacturers & Technology Providers
*Traders, Importers, and Exporters
*Raw Material Suppliers and Distributors
*Research and Consulting Firms
*Government and Research Organizations
*Associations and Industry Bodies
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Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Government Body & Associations
* Research Institutes
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