Robotic surgery is a minimally invasive type of surgery that uses robotics to perform surgical procedures. Such robotic systems are operated by surgeons and are made of miniaturized surgical instruments placed on robotic arms, allowing surgeons to conduct the operation accurately. Surgical robotic systems are a combination of equipment, accessories, software, and services that help to perform several minimally invasive surgeries including gynecological, cardiac, neurological, orthopedic, and others. Robotic systems allow surgeons to automate the surgical procedure, thereby improving efficacy and precision during the procedure, and minimizing post-surgical complications. In addition, they provide effective representations of body parts and increase dexterity, which aid surgeons to work on inaccessible body parts. Further, they reduce the risk of blood loss and infection; and offer shorter recovery time and less amount of scars in comparison to the traditional open surgery.
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The increasing need for automation in the healthcare sector and growing demand for minimally invasive surgeries are the major factors driving the surgical robotic systems and procedures market. In addition, a rise in incidences of colorectal cancer, neurological disorders, gynecological diseases among others, is expected to boost the adoption of robotic surgical systems. Surgical robotic systems offer less post-surgical complications and reduce labor cost. Due to this, large-scale hospitals based in developed and developing economies are now favoring automate surgical/hospital services, which ultimately drives the market growth. On the other hand, high cost associated with surgical robot’s procedures and accidental death/injuries due to broken instruments and system errors are projected to hinder the surgical robotic systems market growth.
COVID-19 pandemic, which started from Wuhan city of China, has widely spread across the globe. This pandemic has disrupted growth in many economies across various domains. The COVID-19 pandemic has stressed healthcare systems worldwide, so many hospitals and trauma center services are no longer open for public services, owing to safety measures imposed by governments. The COVID-19 outbreak is expected to impact positively on the global surgical robotic systems market during the forecast period. In many hospitals around the world, non-emergent surgeries were put on hold as hospitals were transformed into COVID centers. COVID-19 has put a virtual halt to elective surgeries, robotic-assisted surgeries are beneficial to support of critical patients, owing benefits over open surgery and often over conventional laparoscopy surgeries. COVID-19 pandemic has given a boost to robotic-assisted surgeries and many systems have been installed in developing countries in the last few month.
The global surgical robotics systems market is segmented into component, application and region. Based on component, the market is segmented into systems, accessories, and services. The based on application is segmented into gynecology surgery, urology surgery, neurosurgery, orthopedic surgery, general surgery and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.