KEY FINDINGS
The North America surgical robotics market growth is set to record a CAGR of 10.37% during the forecast period, 2021-2028. Product launches and acquisitions have led to increased competition among surgical robot manufacturers. The region has a strong presence of several eminent companies. Such aspects, along with high R&D investments, are propelling the market growth. The incorporation of robotic systems in the surgical environment can enhance clinical benefits by improving surgical safety.
MARKET INSIGHTS
Canada and the United States are evaluated for the North America surgical robotics market growth analysis. Canada houses surgical robotics companies like Medtronic Plc and Titan Medical Inc. Every year there are almost 4030 robotic procedures conducted. Such factors, along with the growing aging population and the increasing chronic disease cases, offer market growth opportunities.
Further, with the rising elderly population, the chronic disease patient pool is increasing. They are more susceptible to diseases and health issues that require surgeries. With the increasing demand for surgeries and decreasing number of doctors, surgical robots are evaluated to help reduce the time of surgeries. Moreover, the growing prevalence of chronic diseases has resulted in increased demand for the innovation and development of devices and drugs. This has further offered opportunities for pharmaceutical companies to prioritize the launch of products to meet the increasing demand for targeted drug delivery systems.
COMPETITIVE INSIGHTS
Some of the key players in the market include Zimmer Biomet Holdings Inc, Asensus Surgical Inc, Think Surgical Inc, Titan Medical Inc, Accuray Incorporated, Auris Health Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments