Telesurgery Market Size, Share & Trends Analysis Report By Component (System, Instrument & Accessories), By Application (General Surgery, Urological Surgery), By End-use, By Region, And Segment Forecasts, 2024 - 2030

Telesurgery Market Size, Share & Trends Analysis Report By Component (System, Instrument & Accessories), By Application (General Surgery, Urological Surgery), By End-use, By Region, And Segment Forecasts, 2024 - 2030

Telesurgery Market Growth & Trends

The global telesurgery market size is expected to reach USD 5.91 billion by 2030, registering a CAGR of 16.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing research and development activities in the field of telesurgery is fostering market growth. In February 2024, a small surgical robot stationed at the International Space Station successfully demonstrated its first surgery in zero gravity. The robot, named spaceMIRA (Miniaturized In Vivo Robotic Assistant), carried out multiple procedures on simulated tissue at the orbiting laboratory while being controlled remotely by surgeons in Lincoln, Nebraska, approximately 250 miles (400 kilometers) away. Such advancement in robotic surgeries is fueling market growth.

The growing number of telesurgery trials are expected to increase its application and boost market growth. For instance, in May 2024, XCath announced the successful completion of a groundbreaking live telerobotic trial for stroke treatment. This trial took place during Abu Dhabi Global Healthcare Week and involved locations in Abu Dhabi, UAE, and Seoul, South Korea. During a live presentation, Vitor Mendes Pereira carried out a mechanical thrombectomy process on a simulated patient located in South Korea from Abu Dhabi. Pereira successfully executed the procedure to eliminate a brain blood clot within a short span of time, noting minimal delay and a dependable link to the robotic equipment in South Korea.

Increasing cases of gastric cancer across the globe are fostering the demand of advanced treatment options. In 2020, the GLOBOCAN database estimated that around 1.1 million instances of stomach cancer were detected globally, with 720,000 cases identified in men and 370,000 cases in women. Additionally, as per the article published in the KeAi journal Intelligent Surgery, a group of researchers from China reported the initial use of 5G communication technology in a robot-assisted remote radical distal gastrectomy. Such growing use of remote surgical robots is contributing to its increased adoption.

Additionally, an increasing number of surgeries is anticipated to propel market growth. For instance, according to World Bank Group data, in 2023, Spain had 6,953 surgical procedures per 100,000 population, while in 2022, Germany had 19,124 surgical procedures per 100,000 population. Furthermore, increasing usage of robotics in surgeries is expected to supplement market growth. The NIH report states that robotic surgery is rapidly expanding across various medical fields, with an annual growth rate of about 15%. The global volume of robotic surgeries in 2020 reached 1.24 million, and the U.S. accounted for 70.6% of them. Additionally, each year, over 900 new robotic platforms are installed worldwide. In England, 32% of acute NHS trusts (48 out of 149) had at least one surgical robot.

Telesurgery Market Report Highlights

• Based on component, the system segment held the largest revenue share in the market in 2023 owing to the growing technological advancement and rising adoption of robotic surgeries.
• Based on application, the urological surgery segment is anticipated to grow at the fastest growth rate over the forecast period in the market owing to the rising cases of bladder cancer.
• Based on end use, the outpatient facilities segment is anticipated to grow at the fastest growth rate over the forecast period in the market owing to the increasing number of ASCs.
• North America dominated the market due to the presence of key market players and the rapid adoption of innovative technologies.

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