The Robotic Surgery Devices Global Market Report 2023 by The Business Research Company, provides robotic surgery devices market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The
Business Research Company’s Robotic Surgery Devices Global Market Report 2023,
the market size is expected to grow from $6 billion in 2022 to $6.84 billion in
2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war
disrupted the chances of global economic recovery from the COVID-19 pandemic,
at least in the short term. The war between these two countries has led to
economic sanctions on multiple countries, a surge in commodity prices, and
supply chain disruptions, causing inflation across goods and services and
affecting many markets across the globe. The market size of global robotic
surgery devices is expected to grow from $11.65 billion in 2027 at a CAGR of
14.2%.
The rise in
demand for minimally invasive technology is driving the robotic surgery devices
market. Minimally Invasive (MI) surgery devices are equipped with imaging and
catheter technologies that can be easily inserted into any part of the body.
Robotic surgery procedures are usually associated with minimally invasive
surgeries. These technologies are mainly used for heart, laparoscopy,
orthopedic, gynecological, and urological surgeries. Robotic surgeries were
introduced to reduce patient hospital length of stay (LOS), pain,
complications, return to work time, and reoperations.
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Tables):
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The robotic
surgery devices market is segmented:
1) By Product and
Service: Robotic systems, Instruments & Accessories, Services
2) By Surgery
Type: Urological surgery, Gynecological surgery, Orthopedic surgery,
Neurosurgery, Other Surgery Types
3) By End User:
Hospitals, Ambulatory Surgery Centers
The advances in
surgical products and technologies in the health care industry are creating
more opportunities in the robotic surgery devices market. Increasing
investments in R&D is helping investors to create value for the customers
by producing medical-surgical products like robotic surgery devices by using
the latest technologies. With the use of robotic systems that are equipped with
optical imaging, surgical tools, instruments, and accessories, the surgeries
are made easier. Some of the surgical advances that are creating more value and
opportunity in the healthcare industry include 3-D high definition endoscope
(Multi-Angle Rear-Viewing Endoscopic tool) devices for Brain surgery, Smart
surgical glasses (equipped with a video camera and Head-mounted monitor) that
act like computers, and can use for live observation of surgeries, surgical
robots with artificial intelligence that acts as doctors, and humanoid robots
which are used for highly critical surgeries in eye and brain. The other
advanced surgical tool is remote robotics, which is used to assist with surgery
from any remote location. Therefore, robotic surgery devices are playing an
important role in the healthcare industry with their technological advancements
and innovations.
The robotic surgery devices market report table of contents includes:
1. Robotic
Surgery Devices Market Executive Summary
2. Table of
Contents
3. List of
Figures
4. List of Tables
5. Report
Structure.
.
21. Key Mergers And Acquisitions In The Robotic Surgery Devices Market
22. Robotic Surgery Devices Market Opportunities And Strategies
23. Robotic Surgery Devices Market, Conclusions And Recommendations
24. Appendix
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