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United States Surgical Robotics Market Forecast 2021-2026

KEY FINDINGS

The United States surgical robotics market growth is estimated to progress at a CAGR of 10.27% during the forecast period, 2021-2026. The increasing demand for automation in the healthcare sector, complex surgical procedures, rising chronic disease incidences, and the growing elderly population drive market growth.

MARKET INSIGHTS

There has been a rising implementation of surgical robots by ambulatory surgery centers & hospitals and increasing funding in medical robot research in the United States. The evaluated advantages of robotic-assisted surgery, like the invasiveness reduction in surgical procedures, contribute to market growth and technological advancements. The growing healthcare expenditure and surging prioritization of advanced robotic surgeries are set to benefit market growth.

Furthermore, the rising prevalence of chronic diseases and developing procedure-specific robotic systems, and growing product approvals by the US FDA supplement the market growth. Moreover, in terms of surgery type, neurosurgery is estimated to harbor the highest growth rate due to the increasing utilization of surgical navigation for deep brain stimulation (DBS), cerebrospinal fluid (CSF) management, and brain biopsies. With regard to the component, the accessories segment is projected to record the highest growth given the vast usage of accessories in surgical procedures. Such factors boost the US market growth.

COMPETITIVE INSIGHTS

Some of the eminent companies in the market are Smith & Nephew Plc, Zimmer Biomet Holdings Inc, Intuitive Surgical Inc, Stryker Corporation, Medtronic Plc, etc.

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United States Surgical Robotics Market Forecast 2021-2026
Published By :Inkwood Research
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