Global Remote Surgery Market
Healthcare Services

Global Remote Surgery Market Key Insights 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

According to The Business Research Company’s Remote Surgery Global Market Report 2024, the remote surgery market is expected to show promising growth in the forecast period.

Explosive Growth in Recent Years

  • 2023 Market Size: $5.25 billion
  • 2024 Projection: $6.2 billion
  • CAGR: 18.2%
  • Drivers:
    • Improved telecommunication infrastructure
    • Globalization of healthcare services
    • Increased demand for specialty surgical expertise
    • Collaboration between surgeons and tech developers
    • Rising healthcare costs and efficiency needs
    • Government initiatives for healthcare accessibility

Future Projections

  • 2028 Market Size: $11.26 billion
  • CAGR: 16.1%
  • Factors Contributing to Growth:
    • Global health crisis preparedness
    • Focus on rural and underserved healthcare
    • Integration with AI
    • Training and skill development initiatives
    • International collaboration in healthcare services

View More On The Remote Surgery Market Report 2024 –

Key Trends Shaping the Market

Advancements and Integration

  • Robotics and Telecommunication: Enhanced surgical precision and connectivity
  • Minimally Invasive Procedures: Rising demand for less invasive surgery options
  • Artificial Intelligence (AI): Increasing integration for better outcomes
  • Telesurgery Training Programs: Surge in training initiatives for remote surgical procedures

Driving Factors Behind Market Expansion

Rising Number of Surgeries Worldwide

  • Global Surgery Statistics:
    • 262,893 bariatric surgeries in the US (2021)
    • Over 300 million major surgical procedures annually worldwide
  • Benefits of Remote Surgeries:
    • Greater precision and enhanced visualization
    • Shorter hospital stays
    • Wide adoption due to these advantages

Major Players in the Market

  • Leading Companies:
    • Johnson and Johnson Private Limited
    • Medtronic plc.
    • Stryker Corporation
    • Zimmer Biomet Holdings
    • Intuitive Surgical Inc.
    • Others: Auris Health, Globus Medical, Renishaw, etc.

Technological Innovations

Robotic Platforms for Coronary Angioplasty

  • Innovative Solutions:
    • Robocath’s R-One+ robotic platform for heart surgery
    • Features: Radiation injury reduction, safety features like collision detection and force feedback
    • Benefits: Enhanced safety and quicker procedures

Strategic Acquisitions

Expansion Through Acquisition

  • Surgical Science Sweden AB:
    • Acquired Mimic Technologies Inc. for $18 million in 2021
    • Goals: Expand customer base and enhance robotic surgery simulation capabilities
    • Benefits: Advanced analytics and data collection integration

Market Segmentation

Components and Applications

  • Components:
    • Accessories
    • Systems
  • Applications:
    • Gynecology Surgery
    • Urology Surgery
    • Thoracic Surgery
    • Cardiac Surgery
    • Neurosurgery
    • Orthopedic Surgery
    • General Surgery
    • Other Applications
  • End-Users:
    • Clinics
    • Hospitals

Regional Insights

  • 2023 Leader: North America
  • Fastest-Growing Region: Asia-Pacific (forecast period)

The remote surgery market is poised for significant growth driven by technological advancements, strategic collaborations, and increasing global demand for specialized surgical expertise. With robust growth projections and major players investing in innovative solutions, the future of remote surgery promises enhanced precision, safety, and accessibility in healthcare.

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