According to Emergen Research, the global robotics surgical simulation systems market size was USD 476.8 Million in 2020 and is expected to reach USD 1.69 Billion in 2028 and register a revenue CAGR of 17.0% during the forecast period, 2021-2028.
Emergen Research has published its latest report titled “Robotics Surgical Simulation Systems Market By Product & Service Type (Conventional Surgery Simulation, Minimally Invasive Surgery Simulation, Others), By Type of Surgery (General Surgery, Endoscopic Surgery, Neurological Surgery, Gynecological Surgery, Cardiac Surgery), By End-use (Hospitals, Surgical Centers, Ambulatory Surgical Centers, Others), and By Region, Forecast to 2028”
According to Emergen Research, the global robotics surgical simulation systems market size was USD 476.8 Million in 2020 and is expected to reach USD 1.69 Billion in 2028 and register a revenue CAGR of 17.0% during the forecast period, 2021-2028.
Market Dynamics:
Robotic surgery uses advanced technology to allow surgeons or healthcare professionals to execute difficult surgical operations through small incisions. The surgeon controls small equipment placed on three robotic arms to make microscopic incisions in the patient from a computer panel in the operating room. Advancements in robotics surgical simulation systems opens up wider opportunities for key players in the market. For instance, Robotic Surgery Simulator (ROSS II) by Simulated Surgical Systems is a stand-alone system which involves virtual reality to teach the essential skills of robotic surgery. It includes a high-fidelity graphics, verified curriculum, and haptics.
In addition, increasing application of robotics in medical procedures, introduction of machine learning, artificial intelligence and Internet of Things (IoT) technologies in healthcare sector and increasing initiatives by governments to drive awareness regarding benefits of robotics surgical simulation are some factors expected to positively impact robotics surgical simulation market revenue growth throughout the forecast period. However, high investments on research and development activities for development of robotics surgical simulation systems, unfavorable government regulations and high maintenance cost of a robot are some factors expected to restrain robotics surgical simulation market to a certain extent over the forecast period.
Click Here to Access Free sample PDF Copy of the Report@ https://www.emergenresearch.com/request-sample/498
COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Minimally Invasive Surgery Simulation Segment Revenue to Expand at a Rapid CAGR:
Minimally invasive surgery simulation segment is expected to register a rapid CAGR among other segments in the market throughout the forecast period owing to increasing number of surgical procedures globally, growing adoption of advanced robotics, improvements in healthcare infrastructure, and increasing preference of MIS over open surgical techniques due to its advantages including less postoperative pain, shortened hospital stay, fewer post-operative major complications, and faster recovery times.
General Surgery Segment to Register Significant Revenue Growth:
General surgery segment is expected to incline rapidly in the robotics surgical simulation systems market over the forecast period attributed to increasing need for surgical procedures owing to rising number of patients suffering from cardiovascular diseases, growing number of healthcare centers, increasing government initiatives for the wide availability of quality surgical devices, and improved healthcare and diagnostics facilities.
Asia Pacific to Account for Largest Revenue Share:
Asia Pacific is expected to register a largest revenue share in the market globally throughout the forecast period due to increasing government and private investments in healthcare and pharmaceutical industries, rising application of AI in medical treatments and availability of skilled healthcare professionals. In addition, increasing use of simulation systems in medical surgeries and technological advancements in surgical robots in emerging economies of region such as China and India are some other factors expected to fuel market growth throughout the forecast period.
Buy your Exclusive copy@ https://www.emergenresearch.com/select-license/498
Major Companies in the Market Include:
- Surgical Science Sweden AB
- Limbs & Things Ltd.
- VirtaMed AG
- 3D Systems Inc.
- Accuray Incorporated
- CMR Surgical
- Auris Health Inc.
- Maxar Technologies Limited
- Medtronic
- Simulab Corporation
For the purpose of this report, Emergen Research has segmented the global robotics surgical simulation systems market based on product & service type, type of surgery, end-use, and region:
Product & Service Type Outlook (Revenue, USD Billion; 2018–2028)
- Conventional Surgery Simulation
- Minimally Invasive Surgery Simulation
- Others
Type of Surgery Outlook (Revenue, USD Billion; 2018–2028)
- General Surgery
- Endoscopic Surgery
- Neurological Surgery
- Gynecological Surgery
- Cardiac Surgery
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Hospitals
- Surgical Centers
- Ambulatory Surgical Centers
- Others
Have a look at Report Description and Table of Contents of Market Report@https://www.emergenresearch.com/industry-report/robotics-surgical-simulation-systems-market
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
Explore Related Reports by Emergen Research:
The global Automatic Weapons Market size was valued at USD 6.36 billion in 2019 and is anticipated to reach USD 9.32 billion by 2027 at a CAGR of 4.8%. The market is extensively being driven by the factors involving the increasing domestic violence, terrorist activities, cross-border conflict, rising emphasis on self-defense, increasing political conflicts, and broadening the number of armed law enforcement troops & new taskforce battalions.
The global small arms market size is expected to reach USD 10.32 Billion in 2028 and register a CAGR of 2.3% during the forecast period. Increase in terrorist activities and cross-border security threats and gun violence, as well as burglaries and house break-in incidences are some key factors market revenue growth.
The global 5G in defense market size reached USD 9.31 billion in 2020 and is expected to register a revenue CAGR of 68.4% during the forecast period. Global 5G in defense market revenue growth is expected to be driven by factors such as rising demand for Internet of Things (IoT), increasing dependency on big data for decision making.
The global Ground Defense System Market size was valued at USD 46.57 billion in 2019 and is anticipated to reach USD 68.28 billion by 2027 at a CAGR of 4.8%. The market is extensively being driven by the factors involving the increasing requirement of command making decisions while in frontier or battlefield in a timely manner from acquired information reported, gathering a common operating picture (COP) of the military operations, and transferring or exchanging them to the desired places with a superior level of encryption.
The global Hunting & Shooting Ammunition Market size was valued at USD 1.18 billion in 2019 and is anticipated to reach USD 1.73 billion by 2027 at a CAGR of 4.8%. The Hunting & Shooting Ammunition or ammo market is extensively being driven by the factors involving the increasing usage of the hunting or shooting guns for recreational sports, growing emphasis on the mandatory training & demonstration for the gun carriers, higher proliferation of the bird-hunting practices, and gaining popularity of the shooting games in many international multi-sport events.
The global Arms & Ammunition Market size was valued at USD 24.30 billion in 2019 and is anticipated to reach USD 35.63 billion by 2027 at a CAGR of 4.8%. The market is extensively being driven by the factors involving increasing domestic insurgency, terrorist activities, cross-border conflict, rising emphasis on self-defense, increasing political conflicts, broadening the number of armed law enforcement troops & new taskforce battalions, and availability of the cost effective weapons with ammunition.
The global Ammunition Market size was valued at USD 19.65 billion in 2019 and is anticipated to reach USD 28.81 billion by 2027 at a CAGR of 4.8%. The ammunition or ammo market is extensively being driven by the factors involving the increasing domestic violence, terrorist activities, cross-border conflict, rising emphasis on self-defense, increasing political conflicts, broadening the number of armed law enforcement troops & new taskforce battalions, and availability of the cost effective weapons with ammunition.
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Facebook | LinkdIn | Twitter | Blogs
Full Press Release@ https://www.emergenresearch.com/press-release/global-robotics-surgical-simulation-systems-market