Global Surgical Robotics Market Key Player, Trends, Analysis And Forecast 2018-2023

Robotic surgery, computer-assisted surgery, and robotically-assisted surgery are terms for technological developments that use robotic systems to aid in surgical procedures. Robotically-assisted surgery was developed to overcome the limitations of pre-existing minimally-invasive surgical procedures and to enhance the capabilities of surgeons performing open surgery.

The global Surgical Robotics Market is expected to reach $10.60 billion by 2023. The market consists of various product segments such as surgical systems, instruments and accessories and maintenance services. The instruments and accessories segment had the highest market value in 2016, growing at the CAGR of 11.4% during the forecast period 2017-2023. However, services (maintenance and up-gradation) are expected to grow at the highest CAGR of 12.9% during the forecast period 2017-2023.

All the major surgical robotics systems have been covered into the global surgical robotics market volume data. The market for surgical systems by value is expected to grow at the CAGR of 12.3% during the forecast period, 2017-2023. Among all surgical systems, the da Vinci surgical system accounted for the highest installation volume in 2016 and is anticipated to reach 1,123 installation units in 2023, growing at the CAGR of 8%. This can be attributed to the increasing adoption rate of da Vinci surgical robotics system for increasing rate of general surgeries, gynecology, urology, cardiothoracic and head and neck medical complications. However, the Sensei Robotic System manufactured by Hansen Medical (Auris Surgical Robots) is anticipated to grow at the highest CAGR of 22%.

Major Market Players In Surgical Robots Market:
• Accuray Inc.
• Applied Dexterity
• Auris Surgical Robotics
• Cambridge Medical Robotics Ltd.
• Corindus Vascular Robotics Inc.
• Dexterite Surgical
• Endomaster Pte Ltd.
• Hansen Medical
• Honeybee Robotics

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