The Surgical Robots Global Market Report 2023, provides comprehensive information on the surgical robots market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global surgical robots market size is expected to grow from $5.68 billion in 2022 to $6.68 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global surgical robots market size is expected to reach $12.73 billion in 2027 at a CAGR of 17.5%.
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Technological advancements are a key trend gaining popularity in the surgical robot market. Major companies in the surgical robot sector are focused on developing new technologies to improve patient outcomes and strengthen their market position. For instance, in November 2021, Smith+Nephew, a UK-based medical equipment manufacturing company, Launched CORI handheld robotics, a turn-key robotic-assisted surgical system for total and partial knee arthroplasties. It is designed with a 3-D intra-operative imaging system and robotic sculpting tool that allows surgeons to measure, plan, and perform knee surgery. The system is a compact and fully mobile solution with minimal set-up time and can be moved from theatre to theatre to optimize the flow of patients through surgical units.
The surgical robots market is segmented:
1) By Component: Systems, Accessories, Services
2) By Surgery Type: Gynecology Surgery, Urology Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, Other Surgeries
3) By End-Users: Clinic, Hospital, Ambulatory Care Centers, Other End Users
North America was the largest region in the surgical robots market in 2022.
The table of contents in TBRC’s surgical robots market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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