Robotic Surgery System Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

Robotic Surgery System Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2029
Robotic surgery system market to value over USD 6 Billion by 2029 end and register a
CAGR of over 10% from 2019 to 2029.
Robotic surgery systems are an evolvement of medical sciences due to
advancements in technology. Complex procedures are carried out with more
accuracy, attention to detail and flexibility thus making it the preferable alternative
over conventional traditional methods.
Surgeries performed by robots are minimally invasive, reducing threats thus proving
to be entirely beneficial.
Improved ergonomics and increased detailed focus will drive the market during the
forecast period. Increased availability of the robotic surgery system with skilled
ability to perform complex surgeries with precision and minimal blood loss is
projected to further propel the market. Low mobility of equipment and high
expenses along with lack of skilled personnel hinder the growth of the market.
Various incentives in terms of monetary aid and other resources also aid the growth
of this market globally. The support from government and other organisations aid to
promote the market and its market. Reimbursements by multiple third-party vendors
for the medical procedures of the public has made reimbursement procedures
simpler for the people. Obtaining regulatory approvals has also restrained the
market’s growth, however rising need has overshadowed this aspect and supported
in expanding the market.
Request a Sample Report @
Global Robotic Surgery System market: Segmentation
By Component
• Robotic Surgical System
• Maintenance Services
The robotic surgery services segment is expected to expand at a rapid pace. High
maintenance cost and annual service contract which comes with the product at the
time of sale are expected to boost the segment.
By Application
• Urology
• Gynaecology
• General Surgery
• Thoracic Surgery
• Cardiac Surgery
• Neurosurgery
• Others
The robotic surgical system is anticipated to offer immense alternatives in urology,
thoracic, colorectal, gynaecological, general and pediatric surgeries. Urology
accounted for a major share of this market due to the rise in prostatectomy
procedures and is expected to grow at highest CAGR during the forecast period.
By End-User
• Hospitals
• Research Centers
The Hospital segment accounted for a major share due to the availability of the
trained professional surgical team for performing these surgeries along with
advanced infrastructure and is expected to grow at CAGR.
By Region:
• Europe
• North America
• Latin America
• Rest of World
North America is expected to dominate the market due to the increase in acceptance
of these robotics by patients, advanced health care infrastructure, and strategic
collaboration with insurance companies. The Asia Pacific is expected to be the
second biggest market after North America due to the rapid development of robotic
surgical systems and an increase in demand for surgical robots in countries such as
China and India.
Purchase a Copy of this Premium Research Report & Ask for Discount:
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
Significant firms in the market include Intuitive Surgical Inc., MAKO Surgical Corp.,
Medtronic Inc., Accuray Incorporated, Hansen Medical Inc., Blue Belt Technologies,
Mazor Robotics Ltd., SRI International, Curexo Technology Corporation, and Think
Surgical Inc.
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study:
• To provide an exhaustive analysis on the global robotic surgery system market by
component, by application, by end-user and by 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

Robotic surgery system market to value over USD 6 Billion by 2029 end and register a CAGR of over 10% from 2019 to 2029.