Published Date : Jun 27, 2017
ALBANY, New York, June 27, 2017: MarketResearchReports.biz has recently announced the addition of a new research report on the global robotic surgery market. The market study, titled “Global Robotic Surgery Market: Industry Analysis & Outlook (2017-2021),” presents an in-depth assessment of this market, considering its existing as well as current performance, emphasizing on the market products and their applications. The growth drivers, limitation, market trends, opportunities, challenges, and the future prospects of this market have also been discussed at length in this research report.
The report primarily intends to offer an in-depth insight into this market to participants in order to help them in their business expansion. According to this study, the global market for robotic surgery is recording a robust growth rate, thanks to the increasing demand for minimally invasive surgeries among patients. Various benefits, such as reduced postoperative pain, hospital stay, and recovery time, are leading to the rising preference for minimally invasive surgeries among medical professionals and patients, both.
Since the usage of robotics provides an enhanced view of the target area when compared to traditional techniques and allows accurate movement of devices ad instruments, the forthcoming years are likely to witness a surge in the uptake of robotic-assisted techniques, resulting in a tremendous growth of the global market for robotic surgeries, notes the research study.
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Apart from this, the increasing base of geriatric population, escalating expenditure on healthcare, improving economic condition, and augmenting prevalence of chronic and infectious diseases are also projected to boost this market in the years to come. However, the rising concerns over the risks of robotic surgeries and the limitations of laparoscope control may hinder the growth of this market in the near future.
Over the next few years, an increase in the uptake of micro and nano robots in various surgical procedures can be observed. The growing focus on the development of low-cost robotic surgical systems, rise in the research and development activities, and the expanding utilization of robots in general surgery are also emerging as key trends in this market, reports the study.
The competitive landscape in the global market for robotic surgery has also been studied thoroughly in this research report. Researchers have meticulously examined the profiles of the key players operating in this market in an effort to determine the existing hierarchy. Intuitive Surgical Inc., Stryker Corp., and Accuray Inc. are some of the most prominent players in this market across the world, mentioned in this research report. As per the study, the market, which is already competitive and fragmented, will witness intense rivalry among participants in the near future due to new product launches and the technological advancements in the current offerings.
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