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Robotic Surgery Equipment Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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The global robotic surgery equipment market is anticipated value over USD 7 billion by 2026 end registering a CAGR of 8.4% during the forecast period 2019 to 2026.
Title:
Robotic Surgery Equipment Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
The global robotic surgery equipment market is anticipated value over USD 7 billion by 2026
end registering a CAGR of 8.4% during the forecast period 2019 to 2026.
Minimal invasive robotic surgery for kidney removal, cardiac valves repair, gynaecological
procedures, knee replacements and intricate spine operations is being well received by
surgeons and healthcare consumers. The Food and Drug Administration (FDA) recently
approved ultrasonic devices that minimize thermal damage of tissues and enhances robotassisted surgical platforms. Thus robotic surgeries have become a preferred option
revolutionizing the complete treatment.
The success of robotic surgeries largely depends on the robotic surgery equipment employed
along with the clinical skills of the surgeon. The technological advancements like the use of
artificial intelligence, blockchain, 3D printing etc. continue to disrupt the medical arena. Hence
the need for robotic surgery equipment is expected to surge in upcoming years. The use of
nanotechnology is anticipated to find huge application in complex surgical processes and hence
market players able to cater to Nanorobotic surgery equipment demand are to make an
unwavering mark.
The intensifying burden of chronic ailments and the need to extend surgeon capabilities,
eliminating human errors during complex surgeries of vital organs are anticipated to foster
exponential growth in the global robotic surgery equipment market during the forecast period
of 2019-2026.
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Global Robotic Surgery Equipment Market Challenges:
• Residual contamination of robotic surgery equipment due to lack of cleaning techniques
• Lack of skilled healthcare professional with technical know-how
• Resistance from surgeons to use robotic surgeries
• High Cost
• Highly regulated and competitive market
• Health reforms and an increase in private health insurances
Global Robotic Surgery Equipment Market, by Surgery Type:
• Single Site
• Multiple Site
Positioning and manipulation of robotic surgery equipment are complex and the surgeons
might get overwhelmed with high-tech moving parts. Therefore, at present single site surgery
type segment is growing at favourable pace and expected to advance at lucrative CAGR during
the forecast period. Multiple site segmentation is anticipated to grow at a slow pace as robotic
surgeries need more sophisticated algorithms and software while robotic surgery is still
evolving.
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Global Robotic Surgery Equipment Market, by End-Users:
• Hospitals
• Clinics
• Others
A major shareholder in terms of global robotic surgery equipment market are the key hospitals
as they already have surgical robots and infrastructure. This is followed by the clinics' segment
and others like the surgical training teams and researchers.
Global Robotic Surgery Equipment Market, by Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Rest of the World
Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global robotic surgery equipment market on
the basis of application type, distribution channel, and region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe,
Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological
advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core
competencies
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised
solutions for our clients. Through in-depth market insights and consultancy, we present our
clients with the tools they need to be at the forefront of their industry – a position secured for
far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Author
Merin John
Merin John263   documents Email
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