Robotic Surgical Systems

by Sameer Joshi or 01-Feb-2018

Global robotic surgical systems market for general surgery, excluding accessories, was estimated at $778.5M in 2017 across the 39 markets covered in this report. By the end of the forecast period in 2024, GlobalData estimates the market will grow to approximately $1,890.6M at a Compound Annual Growth Rate (CAGR) of 13.5%.

Key drivers of the robotic surgical systems market for general surgery in the forecast period are:

Expected increase in the number of indications and procedures that can be carried out using robotic surgical systems.

New companies are expected to enter the robotic surgical systems market with their own products in the forecast period.

North American market accounts for about 72% of the global market for robotic surgical systems. The market in the region is projected to grow at a CAGR of 12.7% from 2017 to reach a value of $1.3B in 2024.