The robotic surgery system market is expected to grow by USD 3.72 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the robotic surgery system market in optimistic, probable, and pessimistic forecast scenarios.
The robotic surgery system market will witness a positive impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the next normal.
This post-pandemic business planning research will aid clients to:
Adjust their strategic planning to move ahead once business stability kicks in.
Build resilience by making effective resource and investment choicesfor individual business units, products, and service lines.
Conceptualize scenario-based planning to mitigate future crisis situations.
Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
Pre- as well as post-COVID-19 market estimates
Quarterly impact analysis and updates on market estimates
Major Three Robotic Surgery System Market Participants:
Accuray Inc. offers CyberKnife which is a non-invasive treatment for cancerous and non-cancerous tumors and other conditions where radiation therapy is indicated.
Globus Medical Inc.
Globus Medical Inc. offers the ExcelsiusGPS Robotic Navigation platform which is a multifunctional robotic navigation platform that provides unique real-time information throughout spine surgery.
Intuitive Surgical Inc.
Intuitive Surgical Inc. offers Da Vinci SP which is a product that delivers three multi-jointed instruments and a fully wristed 3D HD camera for visibility and control in narrow surgical spaces.
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Robotic Surgery System Market 2021-2025: Segmentation
The robotic surgery system market is segmented as below:
Instruments And Accessories
The robotic surgery system market is driven by the rising adoption of MIS procedures. In addition, the development of low-cost robotic surgical systems is expected to trigger the robotic surgery system market toward witnessing a CAGR of over 11% during the forecast period.
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