To acquire the major
user acceptance market players in surgical robotics and navigation market are
more focused in developing non-invasive and portable robotic platform. For
instance, Versius Robotic System from CMR Surgical a UK based company has been
used by NHS surgeons for minimal access surgery (MAS) in 2019. The portable
design of robotic device permits free movement within ward and between various
hospitals also help easy access in keyhole surgery.
The leading players in the market include Medrobotics,
Procept BioRobotics, Verb Surgical, DePuy Synthes, BrainLab, Titan Medical,
Zimmer Biomet, Globus Medical, Auris Health, TransEnterix, Globus Medical, CMR
Surgical, Getinge, Blue Belt Technologies, and ELMED Medical, among others.
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Several development
of user friendly and technologically developed robotic platforms to capture
need gap is one of the major factor driving the market growth. For instance,
Senhance Surgical Robotic System a U.S. based company has received Japanese
approval for its TransEnterix‘s Senhance robot-assisted surgery device for
several procedures. However, the majority of surgeons are unaware of the use of
robotics in healthcare, and mechanical failures associated with surgeries are
likely to restrain the market.
Type
Outlook (Revenue: USD Billion; 2017-2027)
- Spinal surgery
- ENT Surgery
- Orthopedic Surgery
- Robotic Radiosurgery System
- Others
Applications
Outlook (Revenue: USD Billion; 2017-2027)
- Pediatrics
- Adults
- Geriatrics
End
Use Outlook (Revenue: USD Billion; 2017-2027)
- Hospitals
- Ambulatory Care Centers
- Others
Regional Analysis
North
America is projected to command the market expansion over the projected
timeline attributable to the soaring implementation of Ground-based Monitoring
Systems and Sensing and Imagery Systems to enhance the productivity of the
agricultural sector. The augmented adoption of smart and precision farming,
coupled with the presence of significant market players, is contributing to the
progress of the market in the region. The Asia Pacific region is forseen to be
the fastest-growing market due to rising initiatives for water conservation in
the region.
To identify the key
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Key
Highlights from the Report
·
In November
2019, Mammoet, who is a global market leader for lifting and transporting heavy
objects, entered into a partnership with the SGS group. SGS Group is helping
the company with the construction of a large oil refinery in Nigeria.
·
The
ground-based monitoring system segment held the largest market share of 55.2%
in 2019. Growing adoption of the Ground-based Monitoring Systems among the
skilled farmers in the developed economies to increase agricultural
productivity and enhance crop quality is expected to drive the growth of the
segment.
·
Services are
forecasted to grow with the fastest CAGR of 13.8% over the forecast period.
Increasing utilization of the Internet of things (IoT) enabled devices for
agricultural and non-agricultural purposes, and the growing number of connected
agriculture devices is expected to drive the growth of the services segment in
the Surgical Robotics market.
·
The agricultural
segment accounted for the largest market share in 2019. The rising global
population, along with the rising demand for food, is expected to increase the
adoption of smart agricultural practices.
·
The Asia
Pacific region is expected to be the fastest-growing region over the forecast
period. The region is continuously striving to increase agricultural
productivity by implementing technologically advanced agricultural practices.
