Surgical Robots Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030. The global surgical robots market is estimated to be over US$ 9.0 Bn in 2017. It is anticipated to grow at a double-digit CAGR from 2019 to 2030.

New York, NY -- (SBWire) -- 06/27/2019 --The continual growth of the surgical robots market can be attributed to several factors which have led to wide scale adoption of minimally-invasive surgical procedures coupled with benefits associated with robotic surgeries. Moreover, the growing demand for robotic surgeries across the globe is anticipated to further contribute to the substantial growth of the global surgical robots market between 2019 and 2030.

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Major Players in the Surgical Robots Market

The prominent players in the global surgical robots market are Intuitive Surgical, Mazor Robotics, Zimmer Biomet (Medtech), Auris Health, Inc. (Hansen Medical), TransEnterix Surgical, Inc., Stryker, Smith & Nephew, Renishaw plc, Medrobotics and THINK Surgical, Inc.

Market Segment by Application

1. Introduction & Definition
2. General Surgery
3. Orthopedic Surgery
4. Neurosurgery
5. Gynecological Surgery
6. Urological Surgery
7. Other Applications

Market Segment by Component

1. Introduction & Definition
2. Instruments & Accessories
3. Robotic Systems
4. Services

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Benefits of Robotic Surgery

The various benefits associated with surgical robots have been critical in promoting the continual adoption of robotic surgical procedures as compared to its traditional counterparts. Advantages of surgical robots, namely, significant visualization, high precision, enhanced dexterity have led to enhanced adoption of robotic surgical. Increasing patient awareness coupled with use of advanced technology in the field of robotics is anticipated to further promote the growth of surgical robots market in the coming times.

High Cost of Robotic Procedures to Restrain the Market

Although robotic surgeries ensure reduced hospitalization time, better efficiency of procedures and several other benefits, but cost of these procedures somewhat limits its adoption. Robotic surgeries as compared to its conventional surgeries are expensive, owing to high cost of robotic devices, high maintenance charges, which directly contributes to the increased procedure costs of robotic surgeries

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