Surgical Robots Market 2017: Global Industry Trends And Forecast To 2024

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Surgical Robots Market is Expected to Reach USD
14.7 Billion by 2024
Global Surgical Robots Market, By Product
(Robotic Systems, Instruments and Accessories,
Service), By Brands (Da Vinci Surgical System,
Cyberknife, Renaissance, Flex, Artas, Rosa and
Others), By Application (General Surgery,
Urological, Gynaecological, Gastrointestinal,
Radical Prostatectomy, Cardiothoracic Surgery,
Colorectal Surgery, Radiotherapy and Others), By
Geography (North America, Europe, Asia-Pacific,
South America, Middle East and Africa) Industry
Trends And Forecast To 2024.
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Report Description
Global Surgical Robots Market is expected to
reach USD 14.7 billion by 2024 from USD 5.2
billion in 2016, at a CAGR of 13.7 in the
forecast period 2017 to 2024. The new market
report contains data for historic year 2015, the
base year of calculation is 2016 and the forecast
period is 2017 to 2024. The major factors
driving the growth of this market are the rising
prevalence of chronic diseases such as
cardiovascular diseases, growth in demand for
minimally invasive surgeries. On the other hand,
high cost of equipment and surgery, high entry
level cost may hinder the growth of the market.
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Key Drivers

• Some of the major factors driving the market for
  surgical robots market are rising aging
  population, rising cases of chronic diseases,
  better benefits to patients and surgeons, and
  technological advancements.
• Regulatory scenario, and shortage of trained
  surgeons are the factors which may hinder the
  growth of this market.
• Many companies are increasingly focusing on
  surgical robotic systems in order to strengthen
  their product portfolios in the surgical robots
  market.

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Key Points

• Intutive Surgical, Inc., is dominating the
  surgical robots market following with Accuray
  Inc., Mazor Robotics, Restoration Robotics, Inc.,
  MedTech S.A., Verb Surgical Inc., Auris Surgical
  Robots, MAZOR Robots, Hansen Medical, ReWalk
  Robots, and Hocoma AG among others.
• Instruments market is growing with the highest
  CAGR.
• Da Vinci Surgical System is having the highest
  market share.
• General surgery is dominating the surgical
  robots market.

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Regional Analysis

• Based on geography the market is segmented into 5
  geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.

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Major Key Players

• Major players in the Global Surgical Robots
  Market are
• Intuitive Surgical, Inc.
• Verb Surgical Inc.
• Auris Surgical Robots
• MedRobots Corporation
• Restoration Robots, Inc.
• Virtual Incision Corporation
• Think Surgical, Inc.
• Medtech Global
• TransEnterix
• Titan Medical Inc.
• Stryker

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