The global surgical robotics market is expected to grow at a considerable rate between 2023 and 2032. With the rising adoption of strategies by key players, the market is projected to rise even further over the forecast period. The industry provides a comprehensive review of current market patterns to assess their potential impact on market expansion.
According to a report by Report Ocean, the global surgical robotics market is estimated to reach $19.34 billion by 2030, growing at a CAGR of 13.6%. The market is expected to witness significant growth due to the rapid adoption of surgical robotics for various types of operations and surgical procedures worldwide. Surgeons, patients, hospitals, and treatment facilities are increasingly seeking advanced robotic solutions for modern surgery treatments.
The largest key players in the global surgical robotics market include Accuray Incorporated, CMR Surgical, Globus Medical, Inc., Intuitive Surgical, Johnson & Johnson, Mazor Robotics Ltd., Medrobotics Corporation, Medtronic Inc., Renishaw PLC, Siemens Healthineers, Smith & Nephew, Stryker Corp./MAKO, Think Surgical, Inc., Titan Medical Inc., Transenterix, Inc., and Zimmer Biomet Holdings, Inc.
The North American market, especially the United States, is expected to play a significant role in the growth of the surgical robotics market. The region’s tech-savvy environment and the presence of major industry players contribute to its substantial growth. Europe is also crucial, exhibiting remarkable growth with a promising CAGR during the forecast period.
The market size is projected to reach multimillion dollars by 2032, with a steady CAGR between 2023 and 2032. Despite intense competition, the global recovery trend and investor optimism are driving new investments in the sector. The report focuses on global market trends and includes regional analysis for North America, Europe, Asia-Pacific, South America, the Middle East, and Africa.
Overall, the global surgical robotics market is set to experience steady growth in the coming years, driven by technological innovation, increased adoption of surgical robotics, and favorable market conditions.
Sources:
– Report Ocean: Global Surgical Robotics Market 2020-2030
– Report Ocean: Sample Request for Global Surgical Robotics Market
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2023-09-20 12:24:14
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