Surgical Robot Market Future Outlook Accuray, Stryker Corporation, TransEnterix, Intuitive, and Hocoma

The Surgical Robot report provides an estimated valuation and analysis on a regional as well as a global level. A detailed research on the performance of the various market dynamics and its impact on the overall landscape in the present and future are explored in detail. The trends, opportunities, restraints, and drivers too have been analyzed to assist readers with their decision-making insights. Customer insights and their validity is assessed through surveys, polls, and interviews. For that thorough understanding and assessing the opportunities and trends of the Surgical Robot market better, the market report has been split categorically into multiple segments, which also comprise the regional segmentation. The competitive analysis of players in the industry and their strategies in sustaining their position are explained with penetrating depth. 

Method of Research 

Multiple primary & secondary sources have been used in this study. The study has been carried out as per the parameters of the Porter’s Five Forces. Along with this, the top-down and bottom-up methods and SWOT analysis have been used. On the one hand, top-down methods have been used for assessing the market numbers for every product category, while on the other, the bottom-up method has been used for counter validating the market estimations. The leading players’ company profiles too are provided with different research methods like breakdowns, splits, and market shares to provide precise market size estimation. 

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Key Players

Accuray, Stryker Corporation, TransEnterix, Intuitive, and Hocoma

Regional Analysis 

The Surgical Robot market by region has been geographically categorized into these five regions- Latin America, Europe, the Middle East and Africa (MEA),North America, and the Asia Pacific (APAC). A thorough research and detailed study has been performed to develop the market report. Several factors have been considered, such as the technological, social, economic, political, and environmental which can shape the market scenario. It provides a profile of the notable manufacturers, segment-wise indicators including global and regional, the revenue and volume for each region, key challenges, and opportunities. 

COVID-19 Impact
Our industry experts are working reluctantly to understand, and timely deliver assessment on impact of COVID-19 crisis and help their clients to take an excellent business decisions. The proposed report on surgical robots industry will cover detailed assessment due to COVID-19 outbreak, covering economical, political and technology outcome. The report presents the analysis of COVID-19 surgical robot market for the forecast period of 2021-2027.
Brand Takeaway
CyberKnife, da Vinci surgical systems, MAKO, and other are different surgical robotic bands studied under the research scope. Among which, da Vinci surgical systems brand captured the highest share and is projected to dominate the global market over the study period. On other side, MAKO robotic arm assisted surgery by Stryker recorded the lowest revenue in 2019. This surgical system helps surgeons with personalized surgical experience in joint replacement surgeries such as total hip, partial knee, and total knee applications. As per the company’s data, more than 125,000 Mako procedures were performed globally, including 16,000 Mako total knee replacement procedures.

Application Takeaway

In terms of application, the market is divided as Gynaecology, Orthopaedic, Urology, Neurosurgery, Cardiovascular, Transplant and others. Gynaecology application recorded the highest revenue in 2019 and is likely to dominate the global market over the study period. In 2019, this segment is projected to capture more than 30% share of the overall industry revenue. On other side, neurosurgery appears to be growing at a strong growth rate owing to the rising number of spinal operations performed globally. As per the National Spinal Cord Injury Association Resource Centre, around 4.83 million spinal cord operations performed every year across the globe. In 2015, about 78 million people suffer from the chronic back pain which shows potential for the more number of robotic surgery during the future period.

Regional Takeaway

Regionally, North America captured the highest share of the total market. In 2019, this region has captured almost 62% share of the overall industry. High growth of this regions is majorly attributed to the favourable government initiatives, availability of various reimbursement schemes and increasing purchasing power of people. On other hand, regions such as Asia Pacific and Latin America is projected to grow with decent growth rate over the forecast period. Huge population base coupled with rising incidences of chronic diseases has helped these regions to grow with significant growth rate in future.

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Table Of Content:     

1. SURGICAL ROBOT MARKET OVERVIEW
   1. Study Scope
   1.2. Assumption and Methodology
   2. EXECUTIVE SUMMARY
   2.1. Key Market Facts
   2.2. Geographical Scenario
   2.3. Companies in the Market
   3. SURGICAL ROBOT KEY MARKET TRENDS
   3.1. Market Drivers
   3.1.1. Impact Analysis of Market Drivers
   3.2. Market Restraints
   3.2.1. Impact Analysis of Market Restraints
   3.3. Market Opportunities
   3.4. Market Future Trends
2. …

10. KEY VENDOR ANALYSIS
    10.1. Accuray
    10.1.1. Company Overview
    10.1.2. SWOT Analysis
    10.1.3. Key Developments
    10.2. Stryker Corporation
    10.2.1. Company Overview
    10.2.2. SWOT Analysis
    10.2.3. Key Developments
    10.3. TransEnterix
    10.3.1. Company Overview
    10.3.2. SWOT Analysis
    10.3.3. Key Developments
    10.4. Intuitive
    10.4.1. Company Overview
    10.4.2. SWOT Analysis
    10.4.3. Key Developments
    10.5. Hocoma
    10.5.1. Company Overview
    10.5.2. SWOT Analysis
    10.5.3. Key Developments
    11. 360 DEGREE ANALYSTVIEW
    12. APPENDIX
    12.1. Research Methodology
    12.2. Abbreviations
    12.3. Disclaimer
    12.4. Contact Us

NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details