Surgical Robotics Care Device Market Key Players Analysis 2031
Assistive robots and artificial intelligence (AI) technology are quickly becoming important part of our daily lives. A large number of robotic tools are being used in surgical interventions. Robotics continues to revolutionize the surgical and healthcare industries.
MARKET DYNAMICS
The surgical robotics care device market is driving due to the growing complication of surgical procedures for managing serious diseases and rise in demand for minimally invasive technology. However, resistance in terms of adoption of technology by senior surgeons is the major restraints of the market.
MARKET SCOPE
The "Surgical Robotics Care Device Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of surgical robotics care device market with detailed market segmentation by product type and surgery type. The surgical robotics care device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in surgical robotics care device market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The surgical robotics care device market is segmented on the basis product type, surgery type. On the basis of product type, the market is categorized as systems, accessories, and services. On the basis of surgery type, the market is categorized as gynecology, cardiac, spinal, urology, vascular, oncology, and general laparoscopy surgery.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the surgical robotics care device market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The surgical robotics care device market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting surgical robotics care device market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the surgical robotics care device market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the surgical robotics care device market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The surgical robotics care device market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting surgical robotics care device market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the surgical robotics care device market in these regions.
MARKET PLAYERS
The report covers key developments in the surgical robotics care device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from surgical robotics care device market are anticipated to have lucrative growth opportunities in the future with the rising demand for surgical robotics care device in the global market. Below mentioned is the list of few companies engaged in the surgical robotics care device market.
The report also includes the profiles of key players in surgical robotics care device market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Intuitive Surgical
- TransEnterix International, Inc.
- Stryker Corporation
- Hansen Medical
- Zimmer Biomet
- Corindus Vascular Robotics
- Stereotaxis, Inc.
- Smith & Nephew, plc
- Auris Health
- Medtronic
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Surgical Robotics Care Device Market - By Product Type
1.3.2 Surgical Robotics Care Device Market - By Surgery Type
1.3.3 Surgical Robotics Care Device Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SURGICAL ROBOTICS CARE DEVICE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SURGICAL ROBOTICS CARE DEVICE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SURGICAL ROBOTICS CARE DEVICE MARKET - GLOBAL MARKET ANALYSIS
6.1. SURGICAL ROBOTICS CARE DEVICE - GLOBAL MARKET OVERVIEW
6.2. SURGICAL ROBOTICS CARE DEVICE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SURGICAL ROBOTICS CARE DEVICE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. SYSTEMS
7.3.1. Overview
7.3.2. Systems Market Forecast and Analysis
7.4. ACCESSORIES
7.4.1. Overview
7.4.2. Accessories Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
8. SURGICAL ROBOTICS CARE DEVICE MARKET - REVENUE AND FORECASTS TO 2028 - SURGERYTYPE
8.1. OVERVIEW
8.2. SURGERYTYPE MARKET FORECASTS AND ANALYSIS
8.3. GYNECOLOGY
8.3.1. Overview
8.3.2. Gynecology Market Forecast and Analysis
8.4. CARDIAC
8.4.1. Overview
8.4.2. Cardiac Market Forecast and Analysis
8.5. SPINAL
8.5.1. Overview
8.5.2. Spinal Market Forecast and Analysis
8.6. UROLOGY
8.6.1. Overview
8.6.2. Urology Market Forecast and Analysis
8.7. VASCULAR
8.7.1. Overview
8.7.2. Vascular Market Forecast and Analysis
8.8. ONCOLOGY
8.8.1. Overview
8.8.2. Oncology Market Forecast and Analysis
8.9. GENERAL LAPAROSCOPY SURGERY
8.9.1. Overview
8.9.2. General Laparoscopy Surgery Market Forecast and Analysis
9. SURGICAL ROBOTICS CARE DEVICE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Surgical Robotics Care Device Market Overview
9.1.2 North America Surgical Robotics Care Device Market Forecasts and Analysis
9.1.3 North America Surgical Robotics Care Device Market Forecasts and Analysis - By Product Type
9.1.4 North America Surgical Robotics Care Device Market Forecasts and Analysis - By Surgery Type
9.1.5 North America Surgical Robotics Care Device Market Forecasts and Analysis - By Countries
9.1.5.1 United States Surgical Robotics Care Device Market
9.1.5.1.1 United States Surgical Robotics Care Device Market by Product Type
9.1.5.1.2 United States Surgical Robotics Care Device Market by Surgery Type
9.1.5.2 Canada Surgical Robotics Care Device Market
9.1.5.2.1 Canada Surgical Robotics Care Device Market by Product Type
9.1.5.2.2 Canada Surgical Robotics Care Device Market by Surgery Type
9.1.5.3 Mexico Surgical Robotics Care Device Market
9.1.5.3.1 Mexico Surgical Robotics Care Device Market by Product Type
9.1.5.3.2 Mexico Surgical Robotics Care Device Market by Surgery Type
9.2. EUROPE
9.2.1 Europe Surgical Robotics Care Device Market Overview
9.2.2 Europe Surgical Robotics Care Device Market Forecasts and Analysis
9.2.3 Europe Surgical Robotics Care Device Market Forecasts and Analysis - By Product Type
9.2.4 Europe Surgical Robotics Care Device Market Forecasts and Analysis - By Surgery Type
9.2.5 Europe Surgical Robotics Care Device Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Surgical Robotics Care Device Market
9.2.5.1.1 Germany Surgical Robotics Care Device Market by Product Type
9.2.5.1.2 Germany Surgical Robotics Care Device Market by Surgery Type
9.2.5.2 France Surgical Robotics Care Device Market
9.2.5.2.1 France Surgical Robotics Care Device Market by Product Type
9.2.5.2.2 France Surgical Robotics Care Device Market by Surgery Type
9.2.5.3 Italy Surgical Robotics Care Device Market
9.2.5.3.1 Italy Surgical Robotics Care Device Market by Product Type
9.2.5.3.2 Italy Surgical Robotics Care Device Market by Surgery Type
9.2.5.4 Spain Surgical Robotics Care Device Market
9.2.5.4.1 Spain Surgical Robotics Care Device Market by Product Type
9.2.5.4.2 Spain Surgical Robotics Care Device Market by Surgery Type
9.2.5.5 United Kingdom Surgical Robotics Care Device Market
9.2.5.5.1 United Kingdom Surgical Robotics Care Device Market by Product Type
9.2.5.5.2 United Kingdom Surgical Robotics Care Device Market by Surgery Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Surgical Robotics Care Device Market Overview
9.3.2 Asia-Pacific Surgical Robotics Care Device Market Forecasts and Analysis
9.3.3 Asia-Pacific Surgical Robotics Care Device Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Surgical Robotics Care Device Market Forecasts and Analysis - By Surgery Type
9.3.5 Asia-Pacific Surgical Robotics Care Device Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Surgical Robotics Care Device Market
9.3.5.1.1 Australia Surgical Robotics Care Device Market by Product Type
9.3.5.1.2 Australia Surgical Robotics Care Device Market by Surgery Type
9.3.5.2 China Surgical Robotics Care Device Market
9.3.5.2.1 China Surgical Robotics Care Device Market by Product Type
9.3.5.2.2 China Surgical Robotics Care Device Market by Surgery Type
9.3.5.3 India Surgical Robotics Care Device Market
9.3.5.3.1 India Surgical Robotics Care Device Market by Product Type
9.3.5.3.2 India Surgical Robotics Care Device Market by Surgery Type
9.3.5.4 Japan Surgical Robotics Care Device Market
9.3.5.4.1 Japan Surgical Robotics Care Device Market by Product Type
9.3.5.4.2 Japan Surgical Robotics Care Device Market by Surgery Type
9.3.5.5 South Korea Surgical Robotics Care Device Market
9.3.5.5.1 South Korea Surgical Robotics Care Device Market by Product Type
9.3.5.5.2 South Korea Surgical Robotics Care Device Market by Surgery Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Surgical Robotics Care Device Market Overview
9.4.2 Middle East and Africa Surgical Robotics Care Device Market Forecasts and Analysis
9.4.3 Middle East and Africa Surgical Robotics Care Device Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Surgical Robotics Care Device Market Forecasts and Analysis - By Surgery Type
9.4.5 Middle East and Africa Surgical Robotics Care Device Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Surgical Robotics Care Device Market
9.4.5.1.1 South Africa Surgical Robotics Care Device Market by Product Type
9.4.5.1.2 South Africa Surgical Robotics Care Device Market by Surgery Type
9.4.5.2 Saudi Arabia Surgical Robotics Care Device Market
9.4.5.2.1 Saudi Arabia Surgical Robotics Care Device Market by Product Type
9.4.5.2.2 Saudi Arabia Surgical Robotics Care Device Market by Surgery Type
9.4.5.3 U.A.E Surgical Robotics Care Device Market
9.4.5.3.1 U.A.E Surgical Robotics Care Device Market by Product Type
9.4.5.3.2 U.A.E Surgical Robotics Care Device Market by Surgery Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Surgical Robotics Care Device Market Overview
9.5.2 South and Central America Surgical Robotics Care Device Market Forecasts and Analysis
9.5.3 South and Central America Surgical Robotics Care Device Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Surgical Robotics Care Device Market Forecasts and Analysis - By Surgery Type
9.5.5 South and Central America Surgical Robotics Care Device Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Surgical Robotics Care Device Market
9.5.5.1.1 Brazil Surgical Robotics Care Device Market by Product Type
9.5.5.1.2 Brazil Surgical Robotics Care Device Market by Surgery Type
9.5.5.2 Argentina Surgical Robotics Care Device Market
9.5.5.2.1 Argentina Surgical Robotics Care Device Market by Product Type
9.5.5.2.2 Argentina Surgical Robotics Care Device Market by Surgery Type
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL SURGICAL ROBOTICS CARE DEVICE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. SURGICAL ROBOTICS CARE DEVICE MARKET, KEY COMPANY PROFILES
12.1. INTUITIVE SURGICAL
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. TRANSENTERIX INTERNATIONAL, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. STRYKER CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HANSEN MEDICAL
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. ZIMMER BIOMET
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. CORINDUS VASCULAR ROBOTICS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. STEREOTAXIS, INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SMITH AND NEPHEW, PLC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. AURIS HEALTH
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. MEDTRONIC
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Intuitive Surgical
2. TransEnterix International, Inc.
3. Stryker Corporation
4. Hansen Medical
5. Zimmer Biomet
6. Corindus Vascular Robotics
7. Stereotaxis, Inc.
8. Smith & Nephew, plc
9. Auris Health
10. Medtronic
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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