Global Robotic General Surgery Market 2017-2021

This industry research report identifies Accuray, Intuitive Surgical, Medrobotics Corporation, and TransEnterix Surgical as the key vendors in the global robotic general surgery market. This industry research report also presents a comprehensive analysis of the market by component (robotic surgical instruments and accessories, robotic general surgery systems, and robotic surgical services), by end-users (hospitals and ASCs), and by geography (the Americas, APAC, and EMEA).

Robotic general surgery market size & share

Robotic surgical systems are adopted by several physicians due to their enormous benefits over laparoscopic and traditional surgery methods. Technavio’s market research report has identified the advantages of robotic general surgery systems as one of the primary factors that will fuel the growth of the robotic general surgery market in the coming years. Robotic surgical systems are preferred more than laparoscopic surgeries since these systems minimize the limitations faced by laparoscopic surgery.

They offer benefits such as improved visualization and better dexterity and also offer additional advantages such as the need for smaller incisions, decreased blood loss, lower transfusion rates, and shorter hospital stay. These advantages subsequently increase the number of robotic general surgeries, which in turn, drives the growth of the robotic surgery market. Our market research analysts estimate that this market will grow steadily at a CAGR close to 11% by 2021.

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Robotic general surgery market trends

The increasing number of strategic collaborations will be one of the key trends that will contribute to the growth of the robotic general surgery market in the coming years. To increase product development capabilities and strengthen their market position, several vendors are focusing on collaborations and strategic alliances. It is important for the vendors to enter into partnerships to strengthen their position in the robotic general surgery market. Moreover, the vendors are also focusing on increasing their product portfolios by developing new products to strengthen their market positions.

Robotic general surgery market value: Competitive landscape and key vendors

The robotic general surgery market appears to be highly concentrated due to the presence of a few key vendors. The key players compete on parameters such as R&D, distribution networks, regulatory approvals, market and consumer acceptance, quality and reliability, product portfolio, and product awareness among end-users. The need for regulatory approvals for the new applications of existing robotic surgical systems, technological advancements, and strategic collaborations will intensify the level of the competition among the players in the robotic surgery market.

The leading vendors in the robotic general surgery market

• Accuray
• Intuitive Surgical
• Medrobotics Corporation
• TransEnterix Surgical

Robotic general surgery market segmentation by end-user

• Hospitals
• ASCs

During 2016, the hospitals segment accounted for the major shares of the robotic general surgery market. Large-sized hospitals are the major contributors to the robotic surgery market due to the high volume of patients and the availability of a high number of skilled surgeons to perform the robotic general surgery. Moreover, factors such as the growing adoption of minimally invasive surgeries, the reduction in complications and infection rates, and the growing awareness about the advantages of robotic surgical systems, also drive the growth of the robotic general surgery market.

Robotic general surgery market segmentation by geography

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the robotic general surgery market throughout the forecast period. Factors such as the adoption of invasive surgery, the availability of developed healthcare infrastructure, and the high healthcare expenditure, fuel the growth of the robotic surgery market in the Americas.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global robotic general surgery market?
• What are the key market trends impacting the growth of the global robotic general surgery market?
• What are the challenges to global robotic general surgery market growth?
• Who are the key vendors in the market?
• What are the market opportunities and threats faced by the vendors in the global robotic general surgery market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global robotic general surgery market?

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