Robotic Assisted Surgery Systems Market Analysis, Trends, and Scope 2021 to 2022
Robotic Assisted Surgery Systems Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 7,831.93 Million |
Market Size by 2030 | US$ 23,816.80 Million |
Global CAGR (2022 - 2030) | 14.9% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Product Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various initiatives taken by key players operating in the global robotic assisted surgery systems market are listed below:
- In October 2023, Johnson & Johnson MedTech, an orthopedics business of DePuy Synthes, introduced the VELYS Robotic Assisted Solution. The solution has been used in total knee replacement procedures in Germany, Belgium, and Switzerland. With this launch, DePuy Synthes expands the networked technologies within its Digital Surgery Platform to meet unmet demands for orthopedic robots
- In November 2022, an Indian Medtech business partnered with Avra Medical Robotics, an American company listed on the Nasdaq. The first surgical robot to be entirely "Made in India," SSI Mantra, was introduced by SS Innovations. It is a highly developed surgical robotic system with more capabilities and applications than other systems on the market.
- In November 2022, FDA in the United States approved Accelus's software update for the Remi Robotic Navigation System, which allows surgeons performing lumbar spine fixation to place pedicle screws with robotic assistance. Accelus is a private medical technology company that focuses on the adoption of minimally invasive surgery (MIS) as the standard of care in the spine.
Competitive Landscape and Key Companies:
Intuitive Surgical Inc., Stryker Corporation, Johnson & Johnson Inc., SRI International Inc., Accuray Incorporated, Renishaw PLC, Medtronic PLC, Brainlab, Smith & Nephew PLC, Globus Medical, and Zimmer Biomet are among the prominent players in the robotic assisted surgery systems market. These companies focus on expanding their offerings to meet the growing consumer demand worldwide. Their global presence allows them to serve a large set of customers, subsequently allowing them to expand their market share.