Overview of the global gynecology robotic surgery market

The global gynecology robotic surgery market is anticipated to grow at a steady rate and will post a CAGR of more than 7% during the forecast period. The increasing preference for minimally invasive surgery (MIS) will drive the growth prospects for the global gynecology robotic surgery market during the forecast period. This growing preference for minimally invasive surgeries has resulted in the high adoption of robotic-assisted techniques. Some of the factors that encourage the adoption of MIS across the globe are the reduced recovery time, hospital stay, and postoperative pain. The robotic approach towards the complicated surgeries allow precise movement of instruments and give a better view of the targeted area in comparison to other conventional techniques. Consequently, robotic surgeries are gaining traction in the market, especially for gynecological applications. One of the major factors that drive the market’s growth is the associated patient satisfaction that encourages the manufacturers to develop more advanced robotic equipment.

In terms of geography, the Americas accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors responsible for the market’s growth in the region is the high occurrence of hysterectomies, malignant, and benign ovarian cancer cases. Another factor that drives the market’s growth in the region is the growing adoption of robotic surgery that indicates an increase in the market opportunity. Some of the companies such as the Titan Medical and OmniGuide will fuel the market’s growth.

Competitive landscape and key vendors

The market witnesses an intensively competitive environment due to the presence of Tier 1, Tier 2 companies and small companies. With the rising demand, many companies are developing and offering products such as accessories that will further intensify the competition. Furthermore, factors such as distribution partnerships and partnership with universities will help many manufacturers to improve their product development strategies and qualities.

Key vendors in this market are -

• Intuitive Surgical
• Titan Medical
• TransEnterix

Other prominent vendors in the market include AVRA Surgical Robotics, NovaTract Surgical, and OmniGuide Holdings.

Segmentation by product and analysis of the gynecology robotic surgery market

• Robotic platform
• Instruments and accessories
• Services

The robotic surgical platform segment accounted for the maximum market share during 2015 and will continue to dominate the market in the coming years. One of the major factors that are responsible for the high adoption of products such as the integrated 3D visual monitor and robotic arm is its low price. Also, various companies are developing 3D imaging modalities, which increases the surgical precision and provides clear images. When the imaging modality is integrated with the controller, it helps the surgeons to perform surgical procedures without causing any errors. It also helps in the identification of specific tissue or mass that needs to be surgically removed.

Segmentation by end users and analysis of the gynecology robotic surgery market

• Physicians' offices
• Hospitals and clinics
• ASCs

The hospitals and clinics segment accounted for the maximum market share during 2015 and will continue to dominate the market in the coming years. One of the major factors responsible for the market segment’s growth is the increasing number of robotic surgeries. Another factor that leads to this segment’s growth is the increasing sales of gynecology robotic devices.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global gynecology robotic surgery market?
• What are the key market trends impacting the growth of the global gynecology robotic surgery market?
• What are the challenges to market growth?
• Who are the key vendors in the global gynecology robotic surgery market?
• What are the market opportunities and threats faced by the vendors in the global gynecology robotic surgery market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global gynecology robotic surgery market?

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