Published: Dec-2022|  Format: PDF | MBI Research |  Number of pages: 140 | Code: MBI-3930836

Robotics Surgical Simulation Systems Market Size, Share, Growth & Demand Analysis Report By Service (Minimally invasive surgery simulation, Conventional surgery simulation, and Others) By Type (Neurological surgery, General surgery, Gynecological surgery, Endoscopic surgery, and Cardiac surgery) By End-use (Surgical centers, Hospitals, Ambulatory surgical centers, and Others) Forecast Period 2022-2030

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Market Introduction:

The Global Robotics Surgical Simulation Systems Market size was valued at USD 496.2 million in 2021 and is projected to reach a value of USD 1.71 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 16.8% over the forecast period (2022-2030). The market's growth is largely driven by improvements in the medical sector, increasing technological advancements and developments, increasing investment in the health sector globally, and awareness about the benefits of using robotics in surgery and other applications.

Robotic surgical simulation is rapidly gaining traction in recent times. Robotic simulation in surgery helps doctors perform multiple activities and complex procedures with greater precision, flexibility, and control than traditional techniques. Robotic surgical simulation is typically associated with minimally invasive surgical procedures performed through small incisions. The robotic simulation also offers support during actual surgery performed using traditional methods.

Robotic surgical simulation systems are advanced technology that has great potential to transform surgical education practices. Developments in computational technologies, amplified by the immeasurable knowledge of the workings of the human body, have created troublesome techniques such as robotic simulation systems.

Driver:

The global robotics surgical simulation systems market is anticipated to remain highly complex, with major players accounting for the major revenues in the market. Growing technological advancements and high diversification in robotics surgical simulating systems are the driving factors to the demand and deployment of this technology in the near future.

Robotic surgery prevents surgical error during manual surgery and provides perfection in surgery for heart disease, cancer, and other surgeries, which is the key driving factor for the growth of the market.

Restraint:

However, initially, high capital investment is the major blocking factor for the growth of the global market. Nevertheless, increasing awareness about the robotics surgical simulation systems market may create several growth opportunities for the target market during the forecast period.

Key Players:

The dominance of these companies can be attributed to their extensive product range of hardware, software solutions, and equipment, as well as considerable spending on R&D and strategic acquisitions. These businesses are adopting various growth methods, including mergers and collaborations.

  • 3D Systems Corporation
  • CAE Inc.
  • Intuitive Surgical Inc.
  • Mentice AB
  • Mimic Technologies, Inc.
  • Simulated Surgical Systems, LLC
  • Touch of Life Technologies (ToLTech)
  • VirtaMed AG
  • Voxel-Man
  • VRmagic.
  • Auris Health Inc.
  • CMR Surgical
  • Medtronic
  • Accuracy Incorporated
  • Maxar Technologies Limited

Market Segmentation:

The global robotics surgical simulation systems market is segmented by type service, end-use, and region.

By Service

On the basis of product, the market is segmented into minimally invasive surgery simulation, conventional surgery simulation, and others.

The minimally invasive surgery simulation segment is projected to boost during the forecast period. During minimally invasive surgery, doctors use a variety of techniques to perform the operation with minimal damage to the patient's body that would otherwise occur during conventional surgery.

By Type

On the basis of type, the market is segmented into neurological surgery, general surgery, gynecological surgery, endoscopic surgery, and cardiac surgery.

The general surgery segment is projected to boost during the forecast period. Simultaneously, the Cardiac Surgery segment is expected to witness significant growth in revenue on account of growing trends. Increased need for surgical procedures resulting in cardiovascular diseases and prognosis duration.

By End-use

On the basis of end-use, the market is segmented into surgical centers, hospitals, ambulatory surgical centers, and others.

The hospital segment is projected to boost during the forecast period. The growth in the market is fueled by the increase in the number of multispecialty healthcare centers and hospitals established for the treatment of specific diseases.

Regional Analysis:

The global robotics surgical simulation systems market is categorized into region such as Latin America, North America, Europe, Asia-pacific, the Middle East, and Africa.

The Asia Pacific market is anticipated to register a rapid revenue growth rate during the forecast period. The availability of skilled healthcare personnel and modern surgery centers, technological advancements in the healthcare sector, and high investments in the healthcare industry are some of the key driving factors. India, China, Japan, and Australia currently contribute significantly to the revenue growth in the robotics surgical simulation systems market in this region, and the trend is estimated to continue over the forecast period. 

North America is also a major market for robotics surgical simulation systems. Growth in investment in the healthcare sector, increasing deployment of artificial intelligence in medical procedures, and simulation systems in general surgery are the major factors contributing to revenue.

Report Coverage: 

Market Segmentation:

By Service

  • Minimally invasive surgery simulation
  • Conventional surgery simulation
  • Other

By Type

  • Neurological surgery
  • General surgery
  • Gynecological surgery
  • Endoscopic surgery
  • Cardiac surgery

By End-User

  • Surgical centers
  • Hospitals
  • Ambulatory surgical centers
  • Others

By Region

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa



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