Surgical Robotics Devices Market report reviews industry analysis, size, share, growth, trends, and forecast 2020-2026 – WhaTech Technology and…

Posted: Published on March 16th, 2020

This post was added by Alex Diaz-Granados

Emphasis on Component Type (Systems, Accessories, Services), Practice Area (Gynecology, Urology, Neurosurgery, Orthopedic, General, Other) and Region/Country

Robotic surgery is a modern technology, which helps surgeons to perform complex surgical procedures. The robotic system enhances accuracy and precision that directly helps in reducing post-surgical complexities.

Surgical robots are a mix of several software, equipment and devices. Further, three-dimensional imagining provided by camera fitted in the robotic system helps the surgeons to view and manage surgeries when needed.

In addition, surgeons can pre-program the robotic systems according to the surgery requirements. Robotics assisted technology successfully helps in operating multiple surgical procedures such as cardiac surgery, gynecologic surgery, laparoscopy, colorectal surgery, pediatric surgery, urologic surgery and neurosurgery, among several others.

Remote control and voice activation are the methods with which robots are controlled and navigated in the entire surgical procedure. There are three types of robotic surgery systems developed so far: supervisory-controlled systems, tele surgical systems and shared-control systems.

In the medical industry, surgical robots are enhancing the surgeons capabilities of dealing critical surgeries instead of replacing surgeons. These computer-controlled devices are providing favorable outcomes in the market with no harm.

Moreover, robotic surgeries limit the risk of blood loss and infections and offer faster recovery without leaving little or no scars in comparison to traditional surgery procedures. Owing to the above parameters, the market size of the surgical robots is expected to grow in the forthcoming years.

However, the high cost of the robotic system hinders the adoption of the technique in developing countries. Although, with the high demand and technological advancement of the robotic system in the market, the prices are likely to drop down in near future.

Constituting just under 900,000 robotic-assisted surgical procedures performed in the United States last year, the robotic surgery market is expected to grow impressively to approach 3 million procedures by 2025. In addition, global medical robotic systems market was worth US$5.48 billion in 2011 and is expected to reach $13.6 billion in 2018, growing at a compounded annual growth rate of 12.6% from 2012.

Surgical robots are expected to enjoy the largest revenue share. By 2020, surgical robotics sales are expected to almost double to US$6.4 billion.

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