info@strategicmarketresearch.com
26, Broadway, Suite 934, New York , 10004
United States Flag  US: +1-315-636-4233    United Kingdom Flag  UK: +44-162-237-0614    Indian Flag  IN: +91-826-083-6500
smrlogonew
  • Home
  • About
    • Why SMR
    • Research Methodology
    • Media Coverage
    • Join Our Team
  • Reports
    • Aerospace and Defense
    • Agriculture
    • Automotive
    • Chemicals and Materials
    • Consumer Goods
    • Energy and Power
    • Equipment and Machinery
    • Food and Beverages
    • Healthcare
    • Information and Communication Technology
    • Semiconductor and Electronics
    • Manufacturing and Construction
  • Our Practices
    • Syndicated Research
    • Consulting Services
    • Custom Research
    • Full-time Engagement Model
  • Insights
    • Press Release
    • Blog
  • Contact
Home » Press Releases » Global Surgical Robots Market Trends, Industry Size, Applications & Regional Analysis

Global Surgical Robots Market Trends, Industry Size, Applications & Regional Analysis


Published Date: Mar-2023 | Report Format:.

In 2022, the market value of surgical robots was worth USD 6.03 billion, and by 2030 it will reach USD 20.98 billion, growing at a 16.84% CAGR during the forecast period.

 

Medical robots assist medical professionals in several ways. Robots deliver medication, disinfect rooms, fill prescriptions, and assist people with physical disabilities. The advent of surgical robots is the most significant robotic invention in the medical sector. Since 1980s, these robots are utilized in surgery to help with tasks such as keeping a patient's limbs in the same position & perform complex surgeries. In recent years, robotic surgery has become more popular.

 

Surgical robots are beneficial for minimally invasive surgery because they can control surgical instruments precisely and in limited surgical spaces. 

 

With developments in surgical technology, robots have been integrated with AI technology to create surgical robots that can aid in medical procedures. Minimally invasive surgeries can produce better results by minimizing the size of the incision, lowering bleeding, reducing the danger of wound infection, and shortening the patient's recovery time.

 

Surgical Robots: Key Trends

The primary factors driving the market growth for surgical robots are the growing need for automation in the healthcare sector and the changing trend towards sophisticated robotic surgery. Robots help surgeons reach difficult-to-reach areas because they are more agile and dexterous than the human hand. The benefits of surgical robots and the growing demand for better, quicker healthcare services will fuel the surgical robot market's expansion. Moreover, developing nations like Brazil, India, China, and others will fuel the market growth rate.

 

Additionally, the market is driven by factors such as the growing geriatric population, the complexity of surgeries, the rising desire for non-invasive surgeries with better adaptability and precision, and the increasing need for automation in the healthcare sector. Laparoscopic surgery is the most popular technique for robot-assisted surgeries since it is less invasive and more effective. As a result, developing countries are increasingly using surgical robots. In the coming years, expanding surgical procedures and rising healthcare costs in emerging countries will stimulate market expansion.

 

Top Application

Urological surgery (24% of the market), orthopedic surgery (22%), general surgery (17%), gynecological surgery (14%), cardiothoracic surgery (10%), neurosurgery (7%), and others (6%) are the top applications in which surgical robots are widely utilized.

 

Top Applications In Which Surgical Robots Are Widely Utilized

 

Use of surgical robots in urological surgery

For urological treatments, the surgical robot market was worth USD 1.6 billion in 2021 and will increase to USD 4.3 billion in 2028. Robotic urological surgery can treat diseases and conditions, like kidney obstruction, prostate cancer, kidney cancer, and bladder reconstruction. For instance, a robotic prostatectomy procedure enables a surgeon to safely remove a malignant prostate while avoiding the nearby nerves and muscles. The advantages for patients include much less discomfort, less bleeding, and quicker healing timeframes. For instance, recovery after a robot-assisted prostatectomy takes two to three months, compared to two to three weeks for a standard "open surgical" recovery.

 

On March 2023, the surgical "daVinciRobot" for accurate and Minimally Invasive Urological Surgeries was introduced by the Asian Institute of Nephrology and Urology. The daVinci Robot is a cutting-edge surgical instrument that enables doctors to carry out challenging, minimally invasive surgeries with accuracy and precision. 

 

Use of surgical robots in orthopedic surgery

The application of robotics technology in orthopedic surgery is growing rapidly, resulting in increased demand for surgical robots designed for orthopedic procedures. Robotic assistance was used in 11% of knee reconstruction surgeries in 2020, and the number of such surgeries will increase to approximately 700,000 by 2030.

 

Regional Analysis

In 2022, North America led the regional market with 49.6% of the revenue share. An increase in next-generation healthcare facilities in the U.S. and a rise in the use of automated surgical tools are driving the market in this area. Further factors pushing the market in this area are the rising prevalence of chronic diseases, including cancer, diabetes, and cardiovascular diseases. These conditions are also expediting the use of automated surgical equipment.

 

Asia Pacific will be the fastest-growing regional market due to the growing patient population and rising use of sophisticated automated surgical instruments. Additionally, increasing modern healthcare facilities and rising awareness of the benefits of adopting new medical technology will promote market expansion in the area.

 

Survey conducted by the IEEE (an association for electronic engineering) states that millennial parents in Asian countries are more widely accepting surgical robots than those in the United States and the United Kingdom. 

 

Robot performance is being increased by manufacturers working with specialists to improve patient outcomes. Businesses are improving the efficiency of their AI and machine learning to make surgical robots a common method in operating rooms worldwide. Also, some top surgical robot manufacturers have established their research and development facilities in the area. For instance, two Research and Development Centers are run by Medtronic in Hyderabad and Bangalore.

 

Surgical Robots Market PR By Region

 

Recent Developments

  • On March 2023, Interventional Systems launched a new venture, "LARC Robotics," to use surgical robotics for percutaneous renal access. It streamlines percutaneous renal access in percutaneous nephrolithotomy (PCNL) treatments. This minimally invasive surgical technique aids in the treatment of kidney stones.

 

  • On March 2023, Noah Medical announced that the FDA had approved its Galaxy System for robotic-assisted bronchoscopy. Noah Medical designed Galaxy and its accessories to provide bronchoscopic visualization and access. These capabilities enable diagnostic and therapeutic procedures in the lungs of patients. The device has advanced imaging technology that can track possibly malignant tumors in real-time.

 

  • On March 2023, Sight Sciences Inc. announced the availability of its Ergo-Series of OMNI Surgical System in the United States. This system enables surgeons to treat people with primary open-angle glaucoma using minimally invasive, implant-free techniques.

Choose License Type



$4485
$6449
$8339
Buy Now
"Click to avail the latest sample copy of the report"
Request Sample
"Probe before placing the order"
Pre-Order Enquiry
"Let's optimize your ROI by furnishing the best price"
Request Discount
"Want to curate the report according to your business needs:"
Ask for Customization

Trust Online

  • paypal.png
  • wiretransfers

Follow Us

  • facebook
  • twitter
  • instagram
  • linkedin

Contact Us

  • US: (+1) 315-636-4233
  • UK: (+44) 1622-370-614
  • IN: (+91) 826-083-6500
  • info@strategicmarketresearch.com
  • Strategic Market Research
    26, Broadway Suite 934, New York , 10004

Quick Link

  • Why SMR
  • Research Methodology
  • Media Coverage
  • Join Our Team
  • Press Release
  • Blog

Customer Support

  • FAQs
  • Contact
  • Terms of Use
  • Privacy Policy
  • Disclaimer Policy
  • Return Policy
Copyright © 2022 Strategic Market Research All rights reserved