seobhushan (23)

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Surgical Robots Market is projected to reach CAGR
17.4 by 2027
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Key Insights from Surgical Robots Market

• The surgical robots market from robotic systems
  recorded a revenue of almost USD 1.3 billion in
  2020. The segment is slated to register
  appreciable gains by 2027, given that robotic
  systems are equipped to perform critical
  procedures and surgeries with utmost precision.
• Surgical robots are also in high demand in
  hospitals. The segment accounted a share of over
  70 of the total surgical robots market revenue
  in 2020 and is expected to record almost triple
  the valuation by 2027.
• This rise is mainly attributed to the cost of the
  surgical robots. Given that these systems are
  highly expensive, it has been observed that they
  could be purchased or leased by big hospitals.
  Also, the operation of these advanced systems
  require professional experience and training.
• Escalating expenditure on healthcare in emerging
  economies and the presence of favorable
  government policies across various regions will
  escalate surgical robots market size in the years
  to come.

3
Regional Insights in Surgical Robots Market

• Several countries in the Asia Pacific region
  including South Korea, Japan, and China, have,
  over the years, been depicting increasing
  investments in the development of the healthcare
  infrastructure. This is further indicating robust
  opportunities for the expansion of the surgical
  robots market share in the near future.
• While on topic, APAC accounted for over 20 of
  the total surgical robots industry revenue in
  2020 and will further grow at a remarkable rate
  owing to the rising adoption of robot-assisted
  surgeries in the region. The continent is also
  witnessing a rising requirement for orthopedic
  and general surgeries, demonstrating the demand
  for various types of robotic surgery in the
  region. These factors are set to impel the growth
  of the industry in the APAC over the analysis
  period.

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5
Major Companies in Surgical Robots Market

• Accuray
• Corin Group
• Globus Medical
• Intuitive Surgical
• Johnson Johnson
• Medtronic
• Siemens Healthineers
• Stryker
• THINK Surgical
• Zimmer Biomet

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Industry Coverage

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