Surgical Robots Market is expected to grow from USD 6.7 billion in 2020 to USD 11.8 billion by 2025, at a CAGR of 12 % during the forecast period.
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A surgical Robot is Now More a Mechatronic Tool than an IT tool
Surgical Robots Market is expected to grow from USD 6.7 billion in 2020 to USD
11.8 billion by 2025, at a CAGR of 12 % during the forecast period. Growth in the
surgical robots market can be attributed to factors such as technological
advancements, advantages of robotic assisted surgery, increasing adoption of surgical
robots by hospitals & ambulatory surgery centers & increased funding for medical
robot challenge.
Surgical Robots Market gives the information about increasing demand for
automation in the healthcare sector, growing incidences of chronic diseases,
increasing geriatric population, the complexity of surgical procedures, and the rising
demand for non- invasive surgeries with more precision and flexibility, are the factors
driving the market.
Surgical Robots Market has been categorized on the basis of four major regional
segments North America, Europe, the Asia Pacific, and the Rest of the World. North
America accounted for the largest share of the global market in 2019. The large
percentage of the North American market can be attributed to the availability of
funding for R&D in surgical robots in this region and the increasing adoption of
surgical robots for pediatric surgeries in Canada and general surgery procedures in
the US.
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