Discover trends, market shifts, and competitive outlooks for the robotic surgery devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#What is the Anticipated CAGR of the Robotic Surgery Devices Market, and What Factors Will Drive It?

Over the previous years, the market size for robotic surgery devices has witnessed significant growth. The market, which currently stands at $7.84 billion in 2024, is predicted to expand to $8.89 billion in 2025, marking a Compound Annual Growth Rate (CAGR) of 13.4%. The notable growth observed in the historical period can be accredited to various factors, including the increased usage of surgical robots, the expansion of healthcare facilities, and supportive government policies. Other contributing factors are the rise in healthcare expenditure and the swift increase in the older population.

Predictions indicate an impressive surge in the robotic surgery devices market in the coming years, achieving a size of $16.17 billion by 2029, fueled by a compound annual growth rate (CAGR) of 16.1%. The anticipated growth during this forecast period can be chalked up to a rise in product introductions, the prevalence of minimally invasive procedures, escalating chronic disease cases, and increasing healthcare spending. Key trends for these projected times include the utilization of in-vivo robots in surgical procedures, advancements in technology, an influx in mergers and acquisitions, the incorporation of nanobots in surgery, and the implementation of artificial intelligence in robotic surgical services.

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Which Major Market Drivers Are Expected to Boost the Growth Potential of the Robotic Surgery Devices Market?

The surge in popularity for less invasive techniques is fuelling the market for robotic surgical appliances. Devices for Minimally Invasive (MI) procedures come equipped with catheter and imaging systems that can be smoothly introduced into any part of the human body. Typically, robotic surgery technologies are linked with MI surgeries and are predominantly used for cardiac, laparoscopic, orthopedic, gynecological, and urological procedures. Their introduction aimed to diminish patient’s hospital stay duration (LOS), discomfort, complications, time to return to work, and need for further surgeries. For example, in June 2024, the US-based American Society of Plastic Surgeons reported a 7 percent rise in minimally invasive procedures in 2023, surpassing surgical procedures by 2 percent. Neuromodulator injections and hyaluronic acid fillers topped the list with over 9 million and 5 million treatments respectively. As consumer preferences evolve, hospitals are increasingly embracing robotic surgical devices in a bid to provide high-value and cost-effective surgical solutions.

Which Key Market Segments Comprise the Robotic Surgery Devices Market and Drive Its Revenue Growth?

The robotic surgery devices market covered in this report is segmented –

1) By Product: Robotic systems, Instruments & Accessories, Services

2) By Application: General Surgery, Urological Surgery, Gynecological Surgery, Orthopaedics Surgery, Neurosurgery And Other Applications.

3) By End-Use: Hospitals And Ambulatory Surgery Centers (Ascs).

Subsegments:

1) By Robotic Systems: Surgical Robotic Systems, Teleoperated Robotic Systems, Autonomous Robotic Systems

2) By Instruments And Accessories: Surgical Instruments, Endoscopes, Vision Systems, Energy Devices

3) By Services: Maintenance And Repair Services, Training And Support Services, Consulting Services

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Which Areas Are Leading Regions in the Robotic Surgery Devices Market Expansion Across the Globe?

North America was the largest region in the robotic surgery devices market in 2024. Western Europe was the second largest market in global robotic surgery devices market. The regions covered in the robotic surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Key Market Trends in theRobotic Surgery Devices Market Over the Coming Years?

The progression of surgical products and technological innovations in the healthcare field are providing an abundance of opportunities in the robotic surgical devices market. Increased funding in research and development is enabling investors to generate value for clients through the manufacture of medical-surgical goods like robotic surgical devices, by leveraging cutting-edge technologies. Surgical procedures are simplified by the deployment of robotic systems outfitted with optical imaging, surgical equipment, apparatus, and accessories. There are several surgical advancements contributing to the growth and opportunities in healthcare, including 3-D high definition endoscope devices (Multi-Angle Rear-Viewing Endoscopic tool) for neurosurgery, Intelligent surgical spectacles (integrated with a video camera and a head-mounted monitor) that function like computers and used for live surgical observations, surgical robots implemented with AI that mimics doctors, and anthropomorphic robots used for crucial surgeries involving the eye and brain. Remote robotics is another evolved surgical instrument utilized to aid surgeries from any distant place. As a result, robotic surgical devices with their technological progress and inventions hold a pivotal role in the healthcare sector.

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How Is the Robotic Surgery Devices Market Conceptually Defined?

Robotic surgery devices help doctors perform complex minimally invasive operations with precision and flexibility.

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