Global Robotic Surgery Devices Market Trends And Strategies Of Major Players In The Robotic Surgery Devices Market 2021-2030
6 Jan, 2021
The robotic surgery devices market consists of sales of robotic systems, instruments and accessories and services related to the robotic surgery devices market. Robotic surgery devices are advanced surgical devices compared to traditional laparoscopic surgery devices. These devices are used for Minimally Invasive (MI) surgeries in the eye, brain, heart and other parts of the body. These robotic surgery devices can be applied in gynecological, neuro, orthopedic, and general surgeries. The robotic surgery devices are more cost-effective and introduced to reduce complications, pain, reoperations, etc.
Global Robotic Surgery Devices Market Size:
The global robotic surgery devices market declined from $5.04 billion in 2019 to $4.84 billion in 2020 at a rate of -3.91%. The decline was mainly due to the COVID-19 outbreak resulting in other patients delaying their episodes of care. The market is then expected to stabilize and reach $7.71 billion in 2023 at CAGR of 16.81%.
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Trends In The Global Robotic Surgery Devices Market
The advances in surgical products and technologies in the health care industry are creating more opportunities in the robotic surgery devices market. Increasing investments in R&D is helping investors to create value for the customers by producing medical-surgical products like robotic surgery devices by using the latest technologies. With the use of robotic systems that are equipped with optical imaging, surgical tools, instruments, and accessories, the surgeries are made easier.
Global Robotic Surgery Devices Market Segments:
The global robotic surgery devices market is further segmented based on type and geography.
1) By Product and Service: Robotic systems, Instruments & Accessories, Services
2) By Surgery Type: Urological surgery, Gynecological surgery, Orthopedic surgery, Neurosurgery, Others.
By Geography: The global robotic surgery devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North America was the largest region in the robotic surgery devices market in 2020. Asia-Pacific is expected to be the fastest growing region in the forecast period.
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Robotic Surgery Devices Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides robotic surgery devices market overviews, analyzes and forecasts market size and growth for the global robotic surgery devices market, robotic surgery devices market share, robotic surgery devices market players, robotic surgery devices market segments and geographies, robotic surgery devices market’s leading competitors’ revenues, profiles and market shares. The robotic surgery devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.