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The U.S. surgical robot market is expected to grow at a CAGR of 9.5% during the forecast period with its market size predicted to reach USD 4,430.7 million by 2024. The U.S. surgical robots market is primarily driven by the technological advancements, high prevalence of neurological disorders, high healthcare expenditures, benefits of surgical robots, increasing number of research and development activities, increasing geriatric population, and presence of large number of industry players. The Vinci Surgical System, Renaissance Surgical System, Mazor X are the key brands primarily adopted in the U.S. market.<br><br>Download Free Report Sample At: https://www.vynzresearch.com/healthcare/us-surgical-robots-market/request-sample<br><br>Technological advancements, high prevalence of neurological disorders, and benefits of surgical robots are the key factors leading to the growth in the U.S. surgical robots market. Surgical robots provide enhanced visual field, superior dexterity, and precision in hard to reach places during the surgery. Also, these systems help in reducing the hospital stays time, better outcomes, and shorter recovery time. All these factors lead to increase in demand for these systems in the country.<br><br>Also, increasing number of research and development activities, increasing geriatric population, presence of large number of industry players, high healthcare expenditures are leading to the growth in the surgical robot market in the U.S. The U.S. spends a significant portion of its GDP over healthcare which leads to the developed infrastructure in the country. For instance, as per the U.S. National Health Expenditure Accounts (NHEA), U.S. health care expenditure increased 3.9% in 2017, reaching USD 3.5 trillion or USD 10,739 per person, amounting 17.9% of the countryu2019s GDP.<br><br>Read More: https://www.vynzresearch.com/healthcare/us-surgical-robots-market<br><br>Acquisition has been the key strategy used by the market players to enter into the surgical robots industry. Large medical technology companies are acquiring innovators to attain the technology to manufacture and market surgical robots. In September 2018, Medtronic plc and Mazor Robotics entered into a definitive merger agreement under which Medtronic will acquire all outstanding ordinary shares of Mazor for $58.50 per American Depository Share, or $29.25 (104.80 ILS) per ordinary share, in cash, for a total of approximately $1.64 billion, or $1.34 billion net of Medtronic's existing stake in Mazor and cash acquired. The acquisition is to accelerate Medtronic's strategy to transform spinal procedures and improve outcomes through fully-integrated surgical solutions.<br><br>Some of the key players operating in the U.S. surgical robots industry are Intuitive Surgical Inc., Stryker Corporation, Mazor Robotics (Acquired by Medtronic plc), Medtech SA (Acquired by Zimmer Biomet), Accuray Incorporated, Smith & Nephew plc, Renishaw plc, Auris Health, Inc. (Acquired by Johnson & Johnson), Medrobotics Corporation, Varian Medical Systems, Stereotaxis, Inc., Titan Medical Inc., Think Surgical Inc., and TransEnterix, Inc.<br><br>About VynZ Research<br>VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.<br><br>Contact<br><br>Manager: Client Care<br><br>Toll-Free: 18882533960<br><br>Email: kundan@vynzresearch.com<br><br>Website: www.vynzresearch.com
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U.S. Surgical Robots Market The U.S. surgical robot market is expected to grow at a CAGR of 9.5% during the forecast period with its market size predicted to reach USD 4,430.7 million by 2024. The U.S. surgical robots market is primarily driven by the technological advancements, high prevalence of neurological disorders, high healthcare expenditures, benefits of surgical robots, increasing number of research and development activities, increasing geriatric population, and presence of large number of industry players.
U.S. Surgical Robots Market Technological advancements, high prevalence of neurological disorders, and benefits of surgical robots are the key factors leading to the growth in the U.S. surgical robots market. Surgical robots provide enhanced visual field, superior dexterity, and precision in hard to reach places during the surgery. Also, these systems help in reducing the hospital stays time, better outcomes, and shorter recovery time. All these factors lead to increase in demand for these systems in the country.
U.S. Surgical Robots Market Medtronic plc and Mazor Robotics entered into a definitive merger agreement under which Medtronic will acquire all outstanding ordinary shares of Mazor for $58.50 per American Depository Share, or $29.25 (104.80 ILS) per ordinary share, in cash, for a total of approximately $1.64 billion, or $1.34 billion net of Medtronic's existing stake in Mazor and cash acquired Some of the key players operating in the U.S. surgical robots industry are Intuitive Surgical Inc., Stryker Corporation, Mazor Robotics (Acquired by Medtronic plc), Medtech SA (Acquired by Zimmer Biomet), Accuray Incorporated, Smith & Nephew plc, Renishaw plc, Auris Health, Inc. (Acquired by Johnson & Johnson), Medrobotics Corporation, Varian Medical Systems, Stereotaxis, Inc., Titan Medical Inc., Think Surgical Inc., and TransEnterix, Inc.
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