Changing consumer preference for minimally invasive surgeries will escalate North American medical robotics market

Published: Mar 2021

North American medical robotics market is projected to grow at a significant CAGR of around 12.8% during the forecast period (2020-2026). The market for medical robotics in North American is projected to grow at a high rate during the forecast period, backed by the technologically advanced healthcare infrastructure of the country, backed by the presence of well-developed healthcare infrastructure. In Feb 2017, the scientists developed product named FlexDex is a simple, intuitive and ergonomic needle driver to stick inside the body. FlexDex is an all-mechanical platform that is equipped to the surgeon’s arm. It utilizes a unique engineering method to allow the instrument tip to mimic the direction of the surgeon’s hand movement.

Browse the full report description North American Medical Robotics Market Size, Share & Trends Analysis Report by Product (Surgical Robotic Systems, Rehabilitative Robotic Systems, Noninvasive Radiosurgery Robots, Hospital & Pharmacy Robotic Systems, and Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/north-american-medical-robotics-market

The surgeon employs endoscope which goes in through the body’s natural openings, without making any cuts by the surgeon. During laparoscopy, using small cuts (often referred to as keyhole incision or cuts), the surgeon guides special surgery tools and the endoscope into the body. Additionally, MIS instruments that are mainly used during minimally invasive procedures include inflation systems, guiding devices, handheld instruments (forceps and spatulas, retractors and elevators) and robotic-assisted surgical systems. Moreover, it allows surgeons to perform complex surgeries with small incisions by using robotic technology. Low cost MIS instruments compared to robotic systems introduced that provides extreme support to the surgeons during MIS procedures.

Market Coverage

Report Elements

Details

Study Period

2019-2026

Base year

2019

Forecast period

2020-2026

Segments Covered

By Product

Countries Covered

United States and Canada

Key Companies Profiled

Accuray Inc., Intuitive Surgical, Inc., Medtronic PLC, Omnicell, Inc., Stryker Corp., and TransEnterix Surgical, Inc.

Key questions addressed by the report

  • What is the market growth rate during the forecast period?
  • Which segment/country dominates the market in base year?
  • Which segment/country will project fastest growth in the market during the forecast period?
  • How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID 

o Most affected segment/country

o Recommendations 

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

North American Medical Robotics Market – Segmentation

By Product 

  • Surgical Robotic Systems
  • Rehabilitative Robotic Systems
  • Noninvasive Radiosurgery Robots 
  • Hospital & Pharmacy Robotic Systems
  • Others (Neuromate surgical system)

North American Medical Robotics Market – Segmentation

  • United States
  • Canada

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