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Global Abdominal Surgical Robots is Expanding at a CAGR 21.16% to reach US$ 18.86 Billion by the End of 2027

Published date - 17/04/2022

March 2021 | Report Format: Electronic (PDF)

Abdominal surgical robots are a better alternative to traditional open surgery because they are less invasive and have fewer ports. Surgical robotics, also known as robotically assisted surgery or robotic surgery, is the advanced technological application of robotic systems in surgical processes. Robotic surgery was developed to reduce or eliminate the limitations of minimally invasive surgery while also increasing the efficiency of surgeons performing open surgery. Instead of directly manipulating the instruments, the surgeon in robotic surgery controls them via computer or telemanipulation.

Robotic surgery was initially developed to address the shortcomings of manual-assisted surgery and to enhance the capabilities of surgeons performing open surgery without assistance. It is used to perform more difficult cases such as spinal cord injuries, brain surgeries, and so on. Patients benefit from low incision surgery as well, with minimal incision, less blood loss, less pain, faster recovery, lower risk of hospital infection, and lower risk of further hospitalisation. These benefits will drive the global abdominal surgical robot market. Several abdominal surgical robot companies are emerging, forming a massive market that will significantly replace open surgeries. While the high cost of surgery may be a major impediment to the market for abdominal surgical robots.

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Abdominal surgical robots Market Report Highlights

  • North America will dominate the abdominal surgical robots’ market. North America dominates the abdominal surgical robot market, followed by Europe, due to advances in modern technology and public awareness of modern advancements in medical research
  • The global abdominal surgical robots’ market is expected to grow significantly over the forecast period, owing to the FDA's increasing approval of robotic and surgical navigation systems to perform complex spinal surgeries.
  • The Abdominal Surgical Robots market is highly competitive in nature with the presence of local & international players.
  • Major players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market. For example, in October 2021, CMR Surgical, a global surgical robotics company, has announced plans to open a new large-scale manufacturing facility in Cambridgeshire, United Kingdom.
  • The site will enable upscaled manufacturing processes to meet the growing global demand for the Versius Surgical Robotic System, which is now widely used in hospitals throughout Europe, India, Australia, and the Middle East

ABDOMINAL SURGICAL ROBOTS MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Abdominal Surgical Robots Application Outlook (Revenue, USD Million, 2016 - 2027)

  • General Surgery
  • Gynaecology
  • Urology
  • Others

Abdominal Surgical Robots End-use Outlook (Revenue, USD Million, 2016 - 2027)

  • Hospitals
  • Research Centres
  • Others

Abdominal Surgical Robots Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

List of Key Players- Abdominal surgical robots Market

  • CMR Surgical Ltd
  • Accuray Incorporated
  • AdEchoTech
  • AVRA Medical Robotics, Inc., Corporation
  • Corindus, Inc.
  • Intuitive Surgical
  • Medrobotics Corporation
  • Revo
  • Titan Medical Inc.
  • TransEnterix Surgical, Inc.
  • Virtual Incision

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