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Teleoperated Surgery is The Fastest Growing Segment Fueling The Growth of Surgical Robots Market

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Gauri Cmi
Teleoperated Surgery is The Fastest Growing Segment Fueling The Growth of Surgical Robots Market


The global Surgical Robots Market is estimated to be valued at US$ 1021.96 Mn or Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Surgical robots are automated, computer-controlled robotic arms that help surgeons perform complex, minimally invasive surgical procedures. Surgical robots provide greater dexterity, flexibility and precision to surgeons enabling procedures with fewer incisions and shorter hospital stays for patients. Surgical robots allow surgeons to perform procedures through tiny incisions rather than the larger incisions of traditional open surgery. This translates to less pain and scarring for patients and often means faster recovery times.

Market key trends:

The increasing need for minimally invasive surgeries and the rising geriatric population suffering from chronic diseases are driving the growth of teleoperated surgery or remote surgery market. Teleoperated surgery allows surgeons to perform surgery on patients in remote locations with robotic assistance. The surgeon can control the robotic arms while the patient is located in another facility allowing complex surgeries to be performed even in remote areas lacking specialized doctors. With technological advancements in telecommunication networks and surgical robotics, more remote surgery procedures are expected to be performed leading to a high growth rate for this key segment within the surgical robot market.

Segment Analysis

Content: The Global Surgical Robots Market is dominated by the general laparoscopic surgery segment. This segment held over 35% of the total market share in 2023 owing to the increasing adoption of robotic surgery for gastrointestinal, colorectal and gynecological procedures. The growing demand for minimally invasive surgeries along with its benefits such as shorter recovery time, minimal blood loss and scars has boosted the adoption of surgical robots for general laparoscopic procedures.

Key Takeaways

Content: The global surgical robots market is expected to witness high growth, exhibiting a CAGR of 13% over the forecast period, due to increasing preference for minimally invasive surgeries among patients and healthcare providers as well as technological advancements in robot-assisted surgery systems.

Regional analysis: North America currently dominates the global surgical robots market with a share of over 40% in 2023. This is attributed to the rising prevalence of chronic diseases, advanced healthcare infrastructure and availability of favorable reimbursement policies for robot-assisted surgeries in the region. Asia Pacific is projected to be the fastest growing regional market during the forecast period owing to growing medical tourism, rising healthcare spending and improving access to healthcare in emerging Asian countries.

Key players: Key players operating in the surgical robots market are Intuitive Surgical, Think Surgical, Asensus Surgical US, Inc., Zimmer Biomet, Stryker, Smith & Nephew, Novus Health Products, and Medtronic. Intuitive Surgical currently leads the global surgical robots market with its da Vinci surgical system occupying over 68% share in 2023. Other players are focusing on developing and commercializing innovative robotic platforms with improved dexterity and precision for complex surgical procedures.

 

Read More: https://www.trendingwebwire.com/surgical-robots-market-analysis-and-trends/


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