Global Surgical Robots Market, by Product Type (Instruments & Accessories and Robotic Systems (Da Vinci Surgical System, Rosa, Mako Rio, Robodoc, and Others), by Surgery (Gynecology Surgery, General Surgery, Urology Surgery, Cardiovascular Surgery, Neurosurgery Surgery, Orthopedic Surgery, and Other Surgeries), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 5,721.6  Million in 2022 and is expected to exhibit a CAGR of 13.4% during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.

Increased launches of robotic technologies for carrying out surgeries is expected to drive the market growth over the forecast period. For instance, in March 2022, CritiCare Asia Multispecialty Hospital and Research Centre, a multi speciality hospital, announced the launch of the advanced Cuvis 3rd Generation Robotic Arm Technology for patients who require joint replacement surgeries

Global Surgical Robots Market– Impact of Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdown in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.

However, the COVID-19 pandemic had a positive impact on the surgical robots market, as robots can control pathogen spread and reduce contamination. For instance, according to an article published by the Springer Nature Limited, in October 2020, continuous robotic, non-contact ultraviolet surface disinfection can efficiently reduce contamination and has been used in hospitals

According to the same source, the first identified COVID-positive patient in the U.S., was held in an isolated room designed during the Ebola crisis. A robot equipped with a camera, a microphone and a stethoscope allowed patient consulting without physical contact between the patient and the doctor. Although the patient did not undergo an operation, recent technology potentially allows surgeries to occur remotely without need for the surgeon to enter the room. Besides distancing the surgeon, recent robotic systems typically require less staff in the operating room than with traditional open surgery, which reduces the personnel exposed to infectious aerosols, further reducing the risk of contamination.

Global Surgical Robotics Market: Key Developments

In April 2022, eCential Robotics, a company specialized in surgical robotics, and Amplitude Surgical, a leading France-based player in the global market for surgical technologies for lower limb orthopedics, announced their long-term partnership to develop a joint robotic solution for knee surgery.

In May 2022, Auris Health, Inc., a subsidiary of Ethicon, Inc.,a Johnson & Johnson MedTech company, announced that its MONARCH Platform received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for endourological procedures. This clearance made MONARCH the first and only multispecialty, flexible robotic solution for use in both bronchoscopy and urology. It is designed to enable urologists to reach and visualize areas within the kidney with precision and control.

Browse 27 Market Data Tables and 31 Figures spread through 172 Pages and in-depth TOC on “Global Surgical Robots Market”-  Forecast to 2030, Global Surgical Robots Market, by Product Type (Instruments & Accessories and Robotic Systems (Da Vinci Surgical System, Rosa, Mako Rio, Robodoc, and Others), by Surgery (Gynecology Surgery, General Surgery, Urology Surgery, Cardiovascular Surgery, Neurosurgery Surgery, Orthopedic Surgery, and Other Surgeries), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

To know the latest trends and insights prevalent in the surgical robots market, click the link below:

https://www.coherentmarketinsights.com/market-insight/surgical-robots-market-496

Moreover, increasing adoption of surgical robots for carrying out surgeries is expected to drive market growth over the forecast period. For instance, in January 2022, a robot performed laparoscopic surgery on the soft tissue of a pig without the guiding hand of a human, which is a significant step in robotics toward fully automated surgery on humans. This Smart Tissue Autonomous Robot (STAR) was designed by a team of Johns Hopkins University researchers. The STAR performed the procedure in four animals and it produced significantly better results than humans performing the same procedure.

Key Takeaways of the Global Surgical Robots Market:

  • Global surgical robots market is expected to exhibit a CAGR of 13.4% during the forecast period due to increasing establishment of surgical robotics centers by key players in market. For instance, in September 2021, India Medtronic Pvt Ltd, a wholly-owned subsidiary of Medtronic, launched ‘Surgical Robotics Experience Center’ in Gurugram, India to enable clinicians in India to experience and train on robotic-assisted surgery technology.
  • On the basis of region, North America is estimated to account for the largest market share in the global surgical robots market over the forecast period, owing to increasing development and licensing agreements among key players in market. For instance, in June 2020, Titan Medical Inc., a medical device company, announced the signing of development and licensing agreement with medical device company Medtronic for the further development of its robotic surgery technologies.
  • Major players operating in the global surgical robots market include Intuitive Surgical, Think Surgical, Asensus Surgical US, Inc., Zimmer Biomet, Stryker, Smith & Nephew, Novus Health Products, and Medtronic

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