(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Sep 15, 2021, 03:19 /Comserve / -- The global robotic surgery market is forecasted to reach US$6.84 billion in 2024, growing at a CAGR of 14.79% for the period spanning 2020-2024.
COVID-19 has reformed the way we work and has impacted various aspects of the businesses worldwide. Keeping in mind the multi-faceted challenges and the impact on economies post pandemic, companies are focusing on the risks and probabilities for sustainability, growth, and development from this transition.
The global robotic surgery market is forecasted to reach US$ 6.84 billion in 2024, growing at a CAGR of 14.79% for the period spanning 2020-2024. The factors such as rising cancer patients, increasing geriatric population, growing personal healthcare expenditures, shortage of surgeons, improving consumer confidence, accelerating personal disposable income, favorable reimbursement policies and rising incidence of chronic and infectious diseases are expected to drive the market. However, growth of the industry would be challenged by the Risks of robotic surgery and laparoscope control. Few notable trends include adoption of micro and nano robots in urology surgical procedures, focus on the development of low-cost robotic surgical systems and escalating medtech research and development expenditures. In 2020, the outbreak of COVID-19 pandemic has created an unfavorable impact on the market as many government authorities have ordered hospitals to attend critical cases only.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Robotic Surgery Market Insights by Latest Trends, Future Growth, Top Companies, Revenue Forecast, Demand Forecast with Potential Impact of COVID-19 (2020-2024)
On the basis of product type, the global robotic surgery industry is broadly bifurcated into instruments & accessories, services and systems. By applications, the global robotic surgery industry could be divided into general surgery, gynecology, urology and orthopaedics.
The fastest growing regional market is the U.S. due to rise in awareness among population regarding robotic surgeries, increase in med-tech R & D expenditures, surge in ageing population, rising colorectal & pancreatic surgeries, shortage of physicians, increasing number of approvals granted by the FDA to surgical robotic companies for R & D and growing launch of advanced medical systems.
Fill This Form and get the Sample Copy of This Report:
The Final Report will cover the impact analysis of COVID-19 on this industry: Global Robotic Surgery Market Insights by Latest Trends, Future Growth, Top Companies, Revenue Forecast, Demand Forecast with Potential Impact of COVID-19 (2020-2024)
Scope of the report:
The report provides a comprehensive analysis of the global robotic surgery market.
The major regional markets i.e. the U.S. has been analysed.
The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
The competitive landscape of the market, along with the company profiles of leading players i.e. Intuitive Surgical, Inc., Medtronic Plc, Johnson & Johnson (Auris Health, Inc.), TransEnterix, Inc., Stryker Corporation and Siemens AG (Siemens Healthineers AG) are also presented in detail.
Key Target Audience:
Robotic Surgery System Providers
Component Suppliers
End Users
Consulting Firms
Investment Banks
Government Bodies & Regulating Authorities
TABLE OF CONTENT
1. Market Overview
1.1 Introduction
1.2 Workflow in Robotic Surgical Procedure
1.3 Applications of Robotic Surgery
1.4 da Vinci Surgical System
1.5 Components of da Vinci Surgical System
1.6 Types of da Vinci Models
2. Impact of COVID-19
2.1 Introduction
2.2 Decline in Global GDP Growth
2.3 Change in Organic Traffic
2.4 Disruption of Supply Chain
2.5 Growth in Spending on Healthcare
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
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