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Global Robotic Surgery Market to Benefit Increasingly from Healthcare Expenditure

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Published on : Jun 29, 2017

Albany, New York, June 29, 2017: The report provides an all-inclusive study of the utility, demand, and restraints imposed on medical robotics. The report also allows its users to focus greatly on the da Vinci systems and their scope of application from a global perspective. The report also presents the key trends, drivers, and inhibitors that are currently a part of the global robotic surgery market.

According to the report, one of the primary factors driving the global robotic surgery market is the increasing number of the elderly across the world, especially in developed economies. The increasing geriatric demographics in all key regions of the world are creating a heightened demand for medical treatments that are noninvasive in nature and are highly precise and quick. The overall expenditure made on the healthcare industry is also increasing at a hearty rate in all parts of the world, making it possible for improved research and development efforts in surgical robots and other core upcoming fields. This is also complemented by the overall improvement in global economy.

The global robotic surgery market is also being propelled by the rising cases of infectious as well as chronic diseases. The use of surgical robots can reduce the pressure on surgeons when it comes to performing an increasing number of procedures on a regular basis. The number of patients from all age groups demanding minimally invasive surgeries is also increasing at a swift pace, a demand that can be easier met by the use of surgical robots.

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However, the global robotic surgery market is currently being restrained by factors such as the risks involving the use of surgical robots. These systems are not as sophisticated or as adaptive as human surgeons can be with their hands, thereby holding their own separate chances of creating complications between a surgeries. Patients are also less likely to opt for surgical robots due to the overall lack of exposure regarding the benefits that they can bring. The market is also being restrained by the problems that can occur in the case of laparoscopic control.

Current trends in the global robotic surgery market include the increasing rate of adoption of nano and micro scale surgical robots in urology surgical procedures, the increasing investments and efforts taken in the research and development of surgical robots, and the increasing focus taken on the large scale production of low cost surgical robots and relative medical systems.

The industry comprises few large players such as Intuitive Surgical, Inc., Stryker Corporation, and Accuray, Inc. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth.

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