World Surgical Robotics Market - Opportunities and Forecasts, 2014 - 2020, the global sales of surgical robotic systems is projected to reach $6.4 billion by 2020. The gynecology application segment accounted for 28% share of the surgical robotic systems market share in 2014, and is expected to maintain its dominance during the forecast period.
Increase in adoption of advanced robotic surgery over conventional open surgery, growing count of surgical procedures, and rising incidence rates of gynecological, neurological and urological disorders are the major factors boosting the market growth. However, high cost of surgical robotic systems and procedures is the major factor restraining the growth of the market. The surgical robotic procedures market is estimated to grow at a CAGR of 4.9% during 2015–2020, thereby, fostering the growth of the surgical robotics market.