PUNE, India, July 05, 2019 (GLOBE NEWSWIRE) -- Global Surgical Robot Industry was valued at USD 6.5 Billion in the year 2017. Global Surgical Robot Industry is further estimated to grow at a CAGR of 20.6% from 2019 to reach USD 28.92 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2017 and Asia-Pacific Industry is considered as the fastest growing Industry in the forecasted period. At country level China, Japan, India are projected to grow strongly in the coming years.
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The Global Surgical Robot Industry is segmented on the basis of surgery type, component, system type and region. The major shares of the Industry comes from da Vinci Surgical system, by system type in Global Surgical Robot Industry. On the other hand, Services, by component for this Industry is expected to grow at highest CAGR during year 2019-2025.
Major market players in Surgical Robots Verb Surgical Inc., Auris Health Inc., Medrobotics Corp., Virtual Incision Corp., THINK Surgical Inc., Titan Medical Inc., Hansen Medical, TransEnterix Surgical Inc., Mazor Robotics, Stereotaxis Inc., Accuray Incorporated, and brief overview of 9 companies is also provided in the report. Rising research and development expenses to cater changing demand of end users, similarly growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
Surgical Robots Market Segmentation:
By System Type
By Surgery Type
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