Global Surgical Robotics Market Forecast 2024-2032

Global Surgical Robotics Market Forecast 2024-2032

KEY FINDINGS

The global surgical robotics market is estimated to project a CAGR of 9.29% during the forecast period, 2024-2032. The growing geriatric population, the integration of AI-ML in robotic surgery systems, and the rising deployment of robotics in healthcare are among the key growth drivers.

MARKET INSIGHTS

Incorporating robots into surgical care is becoming an efficient tool in combating pathogen contamination and maintaining surgical volumes. They offer benefits like a shorter hospital stay, swift recovery, and reduced operative time. Several robotic surgical systems like Versius Surgical System are impacting robotic surgeries.

Robots are increasingly deployed in the healthcare industry, given their technological capabilities and reduced costs. The rising adoption of 5G networks and artificial intelligence solutions has offered growth opportunities for healthcare agencies. Several major manufacturers are prioritizing R&D efforts for robotic surgical systems. For instance, Anybots develops remote-controlled medical robots that interact with their patients and keep track of their living conditions. Such factors drive global market growth. However, the lack of training in robotic surgeries, safety & security, and surgical robots' high cost restrain the market growth.

REGIONAL INSIGHTS

The global surgical robotics market is regionally segmented into North America, Asia-Pacific, Europe, and Rest of World for growth assessment. Asia-Pacific is projected to record the highest CAGR, attributed to the increasing use of robotic healthcare products and technological advancements in robotics.

COMPETITIVE INSIGHTS

Many well-established companies are acquiring smaller companies to expand their product portfolio. Some of the prominent companies in the market include Stryker Corporation, Asensus Surgical Inc, Intuitive Surgical Inc, Medtronic PLC, Zimmer Biomet Holdings Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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