Market Summary
The Robot-Assisted Surgical Medical Device Market is growing due to innovation, evolving demand, and industry shifts. This report offers insights into market size, value, trends, competitive analysis, and key company strategies. It supports strategic planning with data-driven forecasts and regional insights, helping stakeholders identify opportunities, assess performance, and navigate the changing landscape effectively.
Key Report Highlights:
- Market size and projections
- Recent strategic moves by companies
- Primary stakeholders
- Import and export trends
- Competitive landscape assessment
- Emerging opportunities
- Market trends and indicators
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Market size and projections
The Global Robot-assisted Surgical Devices (RASD) Market is projected to grow at a CAGR of around 10.59% during the forecast period, i.e., 2022-27.
Market Key Driver –
During the historical years, robotic surgery has grown exponentially, owing to clinical benefits such as being minimally invasive, causing lesser pain as compared to conventional surgery, and offering faster recoveries for patients. Simultaneously, surgeons using robotic technologies have benefited from being able to perform surgeries in a more comfortable position with greater visualization & precision.
Competitive Landscape:
The report profiles key players in the Robot-Assisted Surgical Medical Device Market, including:
- Medtronics PLC
- CRM Surgical
- Stryker Corporation
- Johnson & Johnson (Auris Health)
- Intuitive Surgical Inc.
- Titan medical
- THINK Surgical Inc.
- Asensus Surgery (Formerly: TransEnterix Surgical)
- SRI International Inc.
- Renishaw PLC
- Smith & Nephew PLC
- Brainlab
- NuVasive Inc.
- Synaptive Medical
- Others
These companies are adopting strategies such as mergers, acquisitions, and partnerships to strengthen their market position.
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Robot-Assisted Surgical Medical Device Market Segmentation Analysis:
The market is segmented into the following categories:
By Application
- Gynaecological Surgery
- Cardiovascular Surgery
- Neurosurgery
- Orthopaedic Surgery
- Urology Surgery
- Other (Colorectal, Ear Nose Throat(ENT), etc.)
Here, the orthopedic surgery application held a considerable market share in the Global Surgical Robotics market due to the robust research & development (R&D) investments for enhancing the surgery procedures.
By End User
- Hospitals
- Ambulatory Surgery Centres
By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
Of all the regions, the North American region accounted for a significant share of the Global Robot-assisted Medical Device market during 2017-2021 due to the presence of companies such as Zimmer Biomet, Medtronic, and Globus Medical, among others, which manufacture & market robot-assisted medical devices.
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Key Questions Covered in the Report:
- What is the current size and value of the Robot-Assisted Surgical Medical Device Market?
- How is the Robot-Assisted Surgical Medical Device Market expected to grow by 2027?
- What key trends are shaping the future of the Robot-Assisted Surgical Medical Device Market?
- What factors are driving demand in the Robot-Assisted Surgical Medical Device Market industry?
- Which regions show the strongest growth in the Robot-Assisted Surgical Medical Device Market?
- Who are the major players in the Robot-Assisted Surgical Medical Device Market and their strategies?
- What segments are leading revenue generation in the Robot-Assisted Surgical Medical Device Market?
- How are regulations influencing the Robot-Assisted Surgical Medical Device Market outlook?
- What are the major challenges facing the Robot-Assisted Surgical Medical Device Market?
- What new technologies are emerging in the Robot-Assisted Surgical Medical Device Market industry?
- How is consumer behavior evolving in the Robot-Assisted Surgical Medical Device Market space?
- What opportunities exist for new entrants in the Robot-Assisted Surgical Medical Device Market?
- How does pricing vary across regions in the Robot-Assisted Surgical Medical Device Market?
- What investment trends are impacting the Robot-Assisted Surgical Medical Device Market growth?
- What is the forecasted CAGR for the Robot-Assisted Surgical Medical Device Market through 2027?
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