AI-based Surgical Robots Market: Growth in Adoption of Robotic Surgeries to Drive the Market
Global AI-based Surgical Robots Market: Snapshot
Increased penetration of diverse advanced technologies such as artificial intelligence (AI) in robotic surgeries across the globe is likely to drive expansion of the global AI-based surgical robots market in the forecast period 2021–2031.
An upcoming research report from TMR gives bird’s-eye view of the global AI-based surgical robots market. Thus, the study performs deep analysis of different facets such as growth opportunities, drivers, restraints, and challenges in the market for AI-based surgical robots. This aside, it gives deep insights on historical and present trends in the market.
The research report performs segmentation of the global AI-based surgical robots market on the basis of many important parameters such as product, application, and region. In terms of product, the market for AI-based surgical robots is divided into two parts, namely, services and instruments and accessories.
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Key Drivers of AI-based Surgical Robots Market Growth
Healthcare sector today is observing significant growth in adoption of robotic surgeries owing to their ability to offer improved efficiency and success rate. Thus, increased adoption of these surgical procedures is expected to drive the sales number in the global AI-based surgical robots market in the upcoming years.
AI technologies are increasingly used in different surgical systems owing to a wide range of advantages they offer, including intraoperative video analysis and consolidation of databases. This scenario, in turn, is anticipated to boost adoption of AI-based surgical robots, and thereby fuel the growth of AI-based surgical robots market.
In recent years, major patient pool across the globe is giving preference to minimally invasive surgical procedures. This aside, the demand for robot-assisted surgeries is increasing across major developed as well as developing countries in the world. As a result, a shift among healthcare professionals toward AI-based approaches from conventional practices of surgical procedures is observed. These factors are expected to generate prominent growth avenues for companies operating in the global AI-based surgical robots market in the years to come.
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What are Key Strategies of Market Players to Stay Ahead in Competition?
With presence of many players in the market, competition landscape of the global AI-based surgical robots market seems to be highly intense. As a result, players working in this market are using different strategies to maintain their leading position.
Several players in the AI-based surgical robots market are growing focus on the launch of new products. A case in point here is 2020 accouchement by Accuray Incorporated. The firm stated that it has launched a technologically advanced product named CyberKnife S7 system. This move by the firm is projected to strengthen its overall position in the market for AI-based surgical robots in the years to come.
Some of the key players operating in the global AI-based surgical robots market are:
- Intuitive Surgical, Inc.
- Accuray Incorporated
- Medrobotics Corporation
- Medtronic, plc
- Stereotaxis, Inc.
- Zimmer Biomet
- Stryker Corporation
- TransEnterix, Inc. (Asensus Inc.)
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North America Demand Outlook for AI-based Surgical Robots
In terms of region, the global AI-based surgical robots market shows existence in many geographical regions such as Europe, North America, Latin America, MEA, and Asia Pacific. Among all regions, the market for AI-based surgical robots experiences prominent avenues for growth in North America.
The growth of North America AI-based surgical robots market is ascribed to many factors including existence of many key players and increased technological advancements in the field of robotics and artificial intelligence for healthcare sector.
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