A credible Surgical Robots Market research report deals with plentiful of important market-related aspects which are; market size estimations, company and market best practices, entry-level strategies, market dynamics, positioning, segmentation, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this market report will surely help to a degree. Surgical Robots Market report not only saves precious time but also add credibility to the work.
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The global surgical robots market is projected to reach USD 14.4 billion by 2026 from USD 6.4 billion in 2021, at a CAGR of 17.6% during the forecast period. Surgical robots enable surgeons to carry out complex surgical procedures with greater precision. They are primarily used in gynecological, urological, orthopedic, general, neurosurgeries, and other minimally invasive surgeries. Growth in this market is primarily driven by the advantages of robotic-assisted surgery, technological advancements in surgical robots, the increasing adoption of surgical robots, and the increase in funding for medical robot research. On the other hand, the high cost of robotic systems is a key factor limiting market growth in the coming years.
Recurring purchase of instruments and accessories for robotic systems leads to the largest sharee of this segment in market.
Based on product & service, the surgical robots market is segmented into robotic systems, instruments & accessories, and services. The instruments & accessories segment commanded the largest share of 53.8% of the market in 2020. This segment is also expected to grow at the highest CAGR of 18.2% during the forecast period. The large share and high growth rate of this segment are mainly driven by the recurrent purchase of instruments & accessories instead of robotic systems, which are a one-time investment.
Hospitals account for the highest share in the market
Based on end users, the market is segmented into hospitals and ambulatory surgery centers. Hospitals commanded the largest share of 85.5% of the market in 2020. The high demand for surgical robots in hospitals is primarily driven by the higher budgets of hospitals as compared to ASCs since robotic systems are high-cost equipment.
Improved funding for R&D in surgical robots led to the largest market size of the North American region
North America dominated the surgical robots market, with a share of 63.6% in 2019, while the Asia Pacific region is expected to register the highest CAGR of 18.5% during the forecast period. The large share of the North American market can be attributed to the availability of funding for R&D in surgical robots in this region and the increasing adoption of surgical robots for pediatric surgeries in Canada and general surgery procedures in the US.
Breakdown of supply-side primary interviews:
- By Company Type: Tier 1 – 58%, Tier 2 – 21%, and Tier 3 – 21%
- By Designation: C-level – 25%, Director-level – 35%, and Others – 40%
- By Region: North America – 30%, Europe – 20%, APAC –35%, Rest of the World –15%
Some of the prominent players operating in the Surgical robots market are Intuitive Surgical (US), Stryker Corporation (US), Medtronic (Ireland), Smith & Nephew (UK), Zimmer Biomet (US), Asensus Surgical (Transenterix) (US), Corindus Vascular Robotics (US), Renishaw (UK), Auris Health (US), Medrobotics Corporation (US), Think Surgical (US), Verb Surgical (US), OMNIlife Science (US), CMR Surgical (US), Preceyes BV (Netherlands), China National Scientific Instruments And Materials Corporation (CSIMC) (China), Microsure (Netherlands), Titan Medical (Canada), avateramedicalGmbh (Germany) and Medicaroid Corporation (Japan).
Research Coverage
This report studies the Surgical robots market based on products and services, application, end user and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.
Key Benefits of Buying the Report
This report focuses on various levels of analysis—industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.
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Global Upper Extremities Trauma Devices Market Synopsis:The top-notch Upper Extremities Trauma Devices Market research report has been structured by skilful and experienced team players who work hard to accomplish an absolute growth and success in the business.
Edit the report in the executive summary 4.
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State conclusions and call the reader to action.Get Sample Report + All Related Graphs & Charts @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-upper-extremities-trauma-devices-market .The Global Upper Extremities Trauma Devices Market is expected to witness market growth at a rate of 7.30% in the forecast period of 2021 to 2028.According to market research study, Trauma devices are known to be one of the frequent surgical methods that is utilized to treat injuries depending on the severity of the injury.
These traumas can be burns, sprains, fractures, and others, which is generally instigated by any external factor.Some of most important key factors driving the growth of the Global Upper Extremities Trauma Devices Market are increasing the elderly population, rise in the cases of road accidents, growing research and development investment.Global Upper Extremities Trauma Devices Market Segmentation:Based on the Procedures, the upper extremities trauma devices market is segmented into joint replacement and fractures, nerve diseases and soft tissue injuries.Based on the Surgical Site, the upper extremities trauma devices market is segmented into hand and wrist, shoulder, arm and elbowBased on the End-User, the upper extremities trauma devices market is segmented into hospital, homecare and diagnostic laboratory.Based on the Device Type, the upper extremities trauma devices market is segmented into internal fixators and external fixators.
Internal fixators are further sub segmented into plates and screws, rods and pins and others.Regionally, North America dominates the upper extremities trauma devices market due to the rise in the cases of accidental injuries.
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Report DescriptionA recent market intelligence report that is published by Data Insights Partner on the global Robotic Surgery market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Robotic Surgery market.
A detailed presentation of forecast, trends, and dollar values of global Robotic Surgery market is offered.
Market Insight, Drivers, Restraints& Opportunity of the Market:Robotic surgery is one types of minimally invasive surgeries which is performed to overcome pre-existing problems during complicated surgeries.
One of the spokespersons from the Intuitive Surgical, Inc. informed that the number of da Vinci procedures per year reached to 877,000 in 2017 from 136,000 in 2008.On the contrary, the growth of the global Robotic Surgery market may be hampered by less awareness about the true cost of robotic surgery across worldwide.
Furthermore, Intuitive Surgical acquired the robotic endoscopy business of Schölly Fiberoptic in 2019 whereas the acquisition is expected to provide Intuitive Surgery high quality maintenance and repair business of robotic endoscope products in upcoming future.
In terms of end user, the global Robotic Surgery market has been segregated into hospitals and ambulatory surgery centers, and clinics.
Spinal Trauma Devices Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.Get FREE Sample Report Before Buying @ https://www.upmarketresearch.com/home/requested_sample/5763UpMarketResearch offers a latest published report on “Global Spinal Trauma Devices Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
The report contains 152 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.Spinal Trauma Devices Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
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Astute Analytica published a new report on the Global Service Robots Market, the research study offers analysis and detailed insights on key market dynamics include growth drivers, restraint factors, challenges, opportunity analysis, and trends.
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In the past years, the global Service Robots Market has shown a significant growth rate and is projected to display a positive development in the upcoming years.
The research report offers a thorough and detailed analysis of key market players that registered an active participation in the global Service Robots Market.The research study includes the chapters that explains about operating business segments, key strategic developments, product portfolio and business performance.
Companies profiled in the Service Robots Market are Daifuku Co. Ltd., Dematic Corp., Swisslog Holding AG (KUKA), Knightscope Inc., Brokk AB, Kollmorgen Corporation, Intuitive Surgical Inc., Stryker Corp., Husqvarna AB, Construction Robotics LLC, Seegrid Corporation, JBT Corporation, SSI Schaefer AG, iRobot Corporation, BAE Systems, Neato Robotics, Transbotics Corporation, Omron Corporation, Ecovacs Robotics, Northrop Grumman,Grenzebach GmbH & Co. KG, Medtronic PLC, SMP Robotics Systems Corp., Vision Robotics Corporation, Naio Technologies SAS, UBTECH Robotics Inc., Smith & Nephew PLC and among other prominent players.
These segmentations are further categorized to study the market in detail.Request for discount/sample on this market study @ https://www.astuteanalytica.com/ask-for-discount/service-robots-marketCOVID-19 impacted the global marketplace, the medical emergency broke out in December 2019 disrupted the supply chain and supply chain of the major market domains.
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