How Will the Surgical Robot Accessories Market Grow? Key Trends and Opportunities for 2025 and Beyond
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How has the surgical robot accessories market grown over the years?
The market size for surgical robot accessories has seen quick expansion in the last few years. It is projected to rise from $4.92 billion in 2024 to $5.66 billion in 2025, indicating a compound annual growth rate (CAGR) of 14.9%. This remarkable growth in the historic period can be credited to factors such as miniaturization and material science, enhanced connectivity and data integration, adjustments in healthcare policies and reimbursements, the enforcement of safety and quality standards, and an increased demand from surgeons and patients.
What Is the forecasted market size and growth rate for the surgical robot accessories market?
The surgical robot accessories market size is expected to see rapid growth in the next few years. It will grow to $9.73 billion in 2029 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to the increasing adoption of robotic surgery, healthcare infrastructure development, cost reduction and efficiency, training and education programs, and economic and geopolitical stability. Major trends in the forecast period include miniaturization and wireless connectivity, interoperability and modular design, sterilization and reusability, haptic feedback and tactile sensing, and voice and gesture control.
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What are the major factors driving growth in the surgical robot accessories market?
The continuous growth in the number of surgical operations is anticipated to stimulate the surgical robot accessories market’s expansion in the future. Surgical operations denote medical procedures executed by surgeons to address illnesses, trauma, or other medical conditions. With the increasing occurrence of chronic diseases, advancements in medicine, and the public’s growing inclination towards minimally invasive surgeries, there is a surge in these surgical operations. Key elements used in surgeries, surgical robot accessories, boost precision, clarity, and effectiveness in less invasive surgeries. They also allow surgeons to conduct intricate procedures with a higher level of precision than typically experienced. For instance, as per the data from the International Society of Aesthetic Plastic Surgery, a professional organization based in Lebanon for certified plastic surgeons, the total number of surgical and non-surgical procedures conducted by plastic surgeons was over 14.9 million and 18.8 million respectively in 2022, representing an overall surge of 11.2%. The surgical procedures experienced a 16.7% rise, while non-surgical ones saw a 7.2% jump, with buttock augmentation experiencing the maximum growth at 820,762 procedures, a 56.8% increase. Hence, the ongoing surge in surgical procedures is fueling the expansion of the surgical robot accessories market.
What key areas define the segmentation of the global surgical robot accessories Market?
The surgical robot accessories market covered in this report is segmented –
1) By Type: Instrument, Accessories
2) By Application: Orthopedics, Neurology, Urology, Gynecology, Other Applications
3) By End-Use: Inpatient, Outpatient
Subsegments:
1) By Instrument: Surgical Tools, Robotic Arms, Endoscopic Tools, Manipulators
2) By Accessories: Cables, Power Supplies, Cameras, Drivetrains, Control Units
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Who are the dominant players expanding their reach in the surgical robot accessories market?
Major companies operating in the surgical robot accessories market are Johnson & Johnson, Stryker Corporation, Titan Medical Inc., Zimmer Biomet Holdings Inc., Smith & Nephew plc, Sina Robotics and Medical Innovators Co Ltd., Intuitive Surgical Inc., MicroPort Scientific Corporation, Renishaw plc, CMR Surgical Limited, Noah Medical Inc., THINK Surgical Inc., Vicarious Surgical Inc., Distalmotion SA, OmniGuide Holdings Inc., CUREXO Inc., Human Xtensions Ltd., OMNIlife Science Inc., Moon Surgical Inc., Verb Surgical Inc., Corindus Vascular Robotics Inc., AdEchoTech, Biobot Surgical Pte Ltd., Medicaroid Corporation, Asensus Surgical Inc.
What are the key trends shaping the future of the surgical robot accessories market?
Leading firms in the surgical robot accessories market are concentrating on creating advanced technological solutions, such as simulated microsurgery robots, to enhance their microsurgical abilities via robotics. A robotic microsurgery simulation tool is designed to precisely mimic the complex procedures of microsurgery employing robotic systems. For example, Medical Microinstruments (MMI) SpA, a medical robotics firm based in Italy, unveiled its Symani Surgical System Simulator for robotic microsurgery in May 2022. This novel product provides unique features such as realistic haptic feedback, cutting-edge virtual reality scenarios, and tailored performance analytics to meet the specific requirements of surgeons specializing in robotic microsurgery. The simulator is designed to enhance, diversify, and digitize the Symani training routes as surgeons gear up to hone their microsurgical skills using robotics. The Symani Surgical System of MMI is the only microsurgery robot that possesses wristed devices, enabling surgeons to gain superior access and suture tiny, delicate anatomical structures.
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What regions are contributing significantly to the growth of the surgical robot accessories market?
North America was the largest region in the surgical robot accessories market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical robot accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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