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According to a new report Global Surgical Robotics Market, published by KBV research, The Global Surgical Robotics Market size is expected to reach $98 billion by 2024, rising at a market growth of 8.4% CAGR during the forecast period.
The North America Market held the largest share in the Global Surgical Robotics Market in 2017. The Asia Pacific market is expected to witness a CAGR of 9.8% during the forecast period (2018 – 2024).
The Accessories segment contributed the larger revenue share to the Global Surgical Robotics Market by Product in 2017, and would continue to be a dominant market till 2024 and is expected to grow at a CAGR of 7.4% during the forecast period. However, Services segment is expected to grow at CAGR of 10.7% over the forecast period.
The Surgical Robotics market on the basis of surgery type is segmented into Gynecology Surgery, Urology Surgery, Neurosurgery, Orthopedic Surgery, General Surgery and Other Surgery Type. Gynecology Surgery segment generated the highest revenue in 2017, and is anticipated to maintain the trend throughout the forecast period. The growing gynecological disorders and complexity of the procedures demands more robotic based surgeries to be performed worldwide.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Stryker Corporation, Intuitive Surgical, Inc., Mazor Robotics, THINK Surgical Inc., Smith & Nephew Plc. (Blue Belt Technologies, Inc.), KUKA AG, Zimmer Biomet Holdings Inc., Medtronic Plc, Renishaw Plc and Auris surgical robotics Inc.
Global Surgical Robotics Market Segmentation
By Surgery Type
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