Robotic Surgery Market To Stay Strong In The Forecast Period

Posted by Merin John on June 7th, 2021

The Robotic Surgery Market report by Persistence Market Research is focusing on the fact that healthcare providers are into collection of socioeconomic information of the patients, so that tracking at any point of time is possible. This on-the-go monitoring is amongst the ongoing trends in the healthcare industry.

There has been a significant expansion in the application of robotics in the global healthcare sector. New-age healthcare services need to be highly efficient and provide services with absolute accuracy. In this scenario, hospitals and surgeons are more inclined towards the use of robotic surgery systems.

Currently, robotic surgery systems are most commonly used for applications such as general surgery, urology, cardiac surgery, thoracic surgery and neurosurgery. With technological advancements being inevitable in the near future, the robotic surgery system market will witness new applications by integrating advanced technologies, pushing global market revenue. Insights on this market are presented in a new research report by Persistence Market Research, which forecasts the robotic surgery system market to reach a valuation of US$ 6,400 Mn by the end of 2026. The market is anticipated to grow at a robust CAGR of 11.8% during the forecast period.

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Company Profiles

• Intuitive Surgical, Inc.
• Auris Surgical Robotics
• Medtech SA (Sub. Zimmer Biomet)
• Accuracy Inc.
• Smith & Nephew plc
• Stryker Corporation.
• Corindus Vascular Robotics
• Renishaw plc.
• Mazor Robotics
• TransEnterix Surgical, Inc.

Robotic Surgery Systems to Dominate the Gynecology Application in Due Course

Among the two components involved in the scope of this study, robotic surgery systems is estimated to stay ahead of maintenance services in terms of revenue. The market is projected to reach a value of over US$ 4,400 Mn by the end of 2026. The application trends of robotic surgery systems is also being observed, and the results depict gynecology to emerge as the key application area.

The use of robotic surgery systems in the gynecology domain is expected to gain maximum traction in the coming years, and gynecology as an application area is forecasted to project growth at an astounding CAGR of 14% during the forecast period.