Global Robotic Surgery Market Is Expected To Expand At A CAGR Of 17.4%.

The global robotic surgery market is expected to reach USD 19.7 billion by 2028 from USD 6.35 billion in 2021, with a compound annual growth rate (CAGR) of around 17.4 % throughout the forecast period. Robotic surgery is a kind of minimally invasive surgery in which surgical procedures are carried out by robots. These robotic devices, which are controlled by doctors and comprise miniature surgical instruments mounted on robotic arms, enable surgeons to perform operations precisely. The use of surgical robotic systems, which include tools, add-ons, software, and services, enables doctors to carry out a variety of minimally invasive procedures, including orthopedic, neurological, cardiac, gynecological, and other procedures. Robotic systems give doctors the ability to automate surgery, which increases efficiency during the procedure and reduces post-operative problems. Additionally, they enable surgeons in working on inaccessible body areas by providing accurate representations of body components and improving dexterity.

Due to safety precautions put in place by governments in response to the COVID-19 pandemic, many hospitals and trauma centers are no longer open for public services. The COVID-19 pandemic had a favorable effect on the global market for robotic surgery. Non-emergent surgeries were postponed in numerous hospitals throughout the world as they were converted into COVID centers. Robotic-assisted operations are helpful to support critical patients, providing advantages over open surgery and frequently over traditional laparoscopic surgeries, despite the fact that COVID-19 has essentially stopped elective surgeries. The COVID-19 epidemic has boosted the use of robotic surgery and is expected to grow at a healthy growth rate during the forecast period.

The global robotic surgery market is primarily driven by the rising demands for minimally invasive surgeries and the growing desire for robotics in the healthcare industry. Additionally, an increase in the prevalence of gynecological diseases, neurological problems, and colorectal cancer, among other conditions, is driving the use of robotic surgical systems thereby fueling the market growth. Robotic surgical devices promise fewer post-operative problems and lower labor costs. As a result, both large hospitals in developed as well as emerging nations are now adopting automated surgical procedures, which eventually fuels market expansion. On the other side, the market expansion for robotic surgery is expected to be hampered by the high cost related to surgical robot procedures and the dearth of skilled professionals. However, the introduction of robotically controlled catheters, remote navigation systems, motion sensors, data processors, data recorders, high-definition microscopic cameras, 3D imaging, and other medical accessories has resulted in a paradigm change in the field of surgical robots. As a result, this involves creating innovative technologies that will drive the robotic surgery market during the forecast period.

The global market for robotic surgery is categorized into component, surgery type, and region. Based on components, the market is bifurcated into systems, accessories, and services. By surgery type, the market is segmented as orthopedic surgery, gynecology surgery, neurosurgery, general surgery, urology surgery, and other surgeries.

Among the regions, North America is estimated to rule the global robotic surgery market during the forecast period. Rapid technical improvements, rising R&D spending, a growing patient population, and an expansion of application areas all contribute to the market growth in the North American region. Asia-Pacific, on the other hand, would grow at the highest CAGR value during the predicted period This is mainly related to the growing prevalence of gynecological disorders and other conditions, as well as the imminent need for advanced healthcare facilities.

Major players operating in the global robotic surgery market include Stryker Corporation, Medrobotics, Smith & Nephew, TransEnterix Surgical, Inc., Renishaw plc., Intuitive Surgical, Medtronic, THINK Surgical, Inc., and Zimmer Biomet.

Recent Developments:

• In January 2021, Stryker bought OrthoSensor and its Verasense intraoperative sensor technology, to improve the Mako robots from the orthopedic company, TransEnterix's Intelligent Surgical Unit, which enhances the Senhance robotic surgical system with AI-based capabilities and makes machine vision possible, has acquired CE Mark clearance.

Browse the full “Robotic Surgery Market By Component (Systems, Accessories, and Services),By Surgery Type (Gynecology Surgery, Urology Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, and Other Surgeries), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/robotic-surgery-market

Global robotic surgery market is segmented as follows:

By Component

• Systems
• Accessories
• Services

By Surgery Type

• Gynecology Surgery
• Urology Surgery
• Neurosurgery
• Orthopedic Surgery
• General Surgery
• Other Surgeries

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com