Global surgical robot markets poised for rapid growth — 5 key trends

Written by Anuja Vaidya | May 26, 2015 | Print  |

The use of surgical robots is becoming increasingly popular and the estimated growth of the surgical robot markets reflect as much, according to a new report from RnRMarketResearch.com.

Here are five key trends:

 

1. The surgical robot device markets are anticipated to reach $20 billion by 2021.

 

2. The markets were valued at $3.2 billion in 2014.

 

3. Worldwide the markets are poised to grow significantly as next generation systems provide a way to improve traditional open surgery and enhance minimally invasive surgery.

 

4. Major players in the market include Intuitive Surgical, Accuray, Stryker/Mako and Accel Spine.

 

5. The leading robotic surgical companies are poised to grow through acquisition, purchasing smaller companies that have developed a specialized product and gained FDA approval.

 

More articles on devices:
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Orchid opens new India plant—5 things to know
8 trends in the China orthopedic instrument market

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