Middle East and Africa Surgical Robotics Market: Detailed Analysis
The adoption of robotics within healthcare creates a demand for surgical robots.
SURGICAL ROBOTICS MARKET SCOPE
The report analysis by Triton states that the Middle East And Africa surgical robotics market is expected to garner revenue growth at a CAGR of 8.99% over the forecast years 2024-2032. Saudi Arabia gained the highest market share, with $95.83 million in 2023.
The major segments of the surgical robots market are application, vertical, type, and country outlook.
The COVID-19 pandemic stressed the importance of prompt healthcare, leading to a trend towards contactless surgery. Patients and surgeons prefer robotic surgery for knee replacement, prostate cancer, and various procedures, thereby driving demand for surgical robots. As a result, hospitals in the Middle East and Africa are embracing surgical robots and robotic systems, which leads to the progress of the surgical robots market in this region.
Some key enterprises in the reviewed market are Stryker Corporation, Zimmer Biomet Holdings Inc, Medtronic Plc, Intuitive Surgical, and Stereotaxis Inc.
SURGICAL ROBOTICS MARKET CURRENT PERFORMANCE: COUNTRY ANALYSIS
United Arab Emirates, Turkey, Saudi Arabia, South Africa, and the Rest of Middle East & Africa are the countries analyzed in this region.
Surgical Robotics Market Expansion in Turkey
Turkey stands as the world’s second-largest country that performs organ transplants through robotic surgery. With around 31 specialized clinics nationwide, the country has positioned itself as a significant player in the surgical robots industry. The Da Vinci Surgical System is used extensively across the country, particularly in oncology, neurosurgery, cardiac surgery, etc.
Uptrend in the South Africa Surgical Robotics Market
Since 2022, Tygerberg and Groote Schuur Hospital in Cape Town have conducted more than 600 surgeries using surgical robots. Following the initial implementation of colorectal surgery, the utilization of these machines is now extended to urology and gynecology. These noteworthy statistics highlight the integration of first-world solutions into a public healthcare system often perceived as third-world. This positions the country as a promising hub for innovations in surgical solutions.
What’s new in the Surgical Robotics Market?
The competitive growth among businesses helps us dive into recent developments by the major players in the surgical robots industry. The latest strategic initiatives are discussed below:
Product Launch: Stryker Corporation (March 2024)
The company unveiled the Gamma4 Hip Fracture Nailing System, which equips surgeons with advanced capabilities for addressing hip and femur fractures while optimizing procedural efficiency.