A recent report by the Global Market Studies has revealed that the Surgical Robots Market is estimated to grow to USD 18.5 billion by 2028, growing at a CAGR of over 15%. This growth is driven by factors such as increasing demand for minimally invasive surgeries, advancements in technology, and growing support from healthcare providers and insurance companies. Thegrowing demand for minimally invasive surgeries, in particular, is driving the growth of the surgical robots market, as surgical robots are increasingly being used to perform complex surgeries with greater precision and accuracy.
The Surgical Robots Market refers to the market for robots and robotic systems used in surgical procedures. Surgical robots allow doctors, through the use of technology, to perform complex surgical procedures with precision, flexibility and control to an extent that may not be possible with conventional or manual surgical techniques. Robotic surgery is usually associated with minimally invasive surgery — procedures performed through tiny incisions. Surgical robots are mainly used in laparoscopic surgeries as they are minimally invasive in nature in healthcare industry.
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These partnerships and collaborations reflect the growing interest and investment in the surgical robots’ market and the efforts of companies to develop and commercialize new and improved surgical robots.
1) What is the projected market value of the global Surgical Robots Market?
– The surgical robots’ market is expected to reach a value of approximately $18 billion by 2028.
2) What is the estimated CAGR of the Global Surgical Robots Market over the 2023 to 2028 forecast period?
– The surgical robots’ market is expected to grow at a CAGR of approximately 15% from 2021 to 2028.
3) Who are the key players in the Surgical Robots market?
– Intiutive Surgical, Stryker Corporation, Medtronic Plc Smith & Nephew, Zimmer, Biomet, Asensus Surgical, Siemenes Healthineers, CMR Surgical, Johnson& Johnson, Renishaw Plc
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