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How has the robotic surgery services market size evolved in recent years?

The market scope for robotic surgery services has seen swift expansion in recent years. The sector, valued at $1.2 billion in 2024, is projected to increase to $1.41 billion in 2025, indicating a compound annual growth rate (CAGR) of 17.5%. The prolific growth during the historic period is associated with the growing utilization of surgical robots, an expansion in healthcare facilities, supportive government policies, enhanced healthcare expenditure and a fast-paced growth in the senior citizen demographic.

What are the predictions for the robotic surgery services market size in the coming years?

It is anticipated that the market size of nanotechnology clothing will undergo a steep increase in the coming years, expanding to $26.37 billion by 2029 with a compound annual growth rate (CAGR) of 21.5%. Factors contributing to this predicted growth during the projection period include the use of sustainable and eco-friendly materials, the integration of smart textiles and wearable technology, the trend towards personalized and customizable clothing, and the inclusion of health monitoring and wellness features. Additionally, the response to a global pandemic has also had an effect. Key trends to watch in the forecast period involve textiles based on nanofiber, textiles that harvest energy, nanoparticles that prevent odors, a focus on environmental sustainability, and clothing with biometric sensing capabilities.

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What key factors are fueling the growth of the robotic surgery services market?

The rise in the buying power of hospitals and ambulatory care services has contributed to the expansion of the robotic surgery service market. Hospitals and ambulatory care services are keen to invest in the latest technology to offer superior care to patients and gain a competitive advantage. For example, Intuitive Surgical, a leading US-based robotic surgical company, reported that around 1,875,000 surgical procedures were conducted using da Vinci Surgical Systems in 2022, a 18% increase from around 1,594,000 surgeries performed with the systems in the previous year. Furthermore, the company’s revenue from da Vinci Surgical Systems in the last quarter reached roughly $1.66 billion in 2022, showing a 7% rise from roughly $1.55 billion in 2021. Consequently, the growth of the robotic surgery services market can be attributed to the increased purchasing power of hospital and ambulatory care services, coupled with a rise in the aging population and chronic disease prevalence.

How is the global robotic surgery services market divided into key segments?

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

1) By Component: Systems, 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 Systems: Surgical Robotic Systems, Robotic Surgical Platforms For Specific Procedures

2) By Accessories: Surgical Instruments, Disposable And Reusable Accessories, Vision And Imaging Systems

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

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Who are the key firms paving the way for growth in the robotic surgery services market?

Major companies operating in the robotic surgery services market include Tenet Healthcare Corporation, HCA Healthcare, Inc, Asklepios Kliniken Verwaltungsgesellschaft Mbh, Apollo Hospitals Enterprise Ltd., Bumrungrad International Hospital, Fortis Healthcare, Bangkok Hospital, Spire Healthcare Group plc, Saudi German Hospitals Group, Raffles Medical Group, Medtronic Australasia, Zimmer Biomet Robotics, Medtech SA, KB Medical SA, Asensus Surgical, Intuitive, Medrobotics Corporation, Smith & Nephew, Restoration Robotics, Hansen Medical, Stryker Corporation, Mazor Robotics, Renishaw Plc, Stereotaxis Inc, Accuray Incorporated, Corindus, InTouch Health Inc.

Which trends are expected to transform the robotic surgery services market?

The integration of image-guided navigation systems with robotic surgery techniques enhance the scope for conducting minimally invasive surgeries in previously complex areas, particular in orthopedic surgeries and neurosurgeries. Systems such as the Mazor X Stealth by Medtronic, NuVasive’s Pulse, and the Excelsius GPS by Globus Medical utilize these image-guided navigation systems to conduct spine and various orthopedic implant surgeries, like full or partial knee and hip replacements. These systems supply doctors with a three-dimensional perspective, significantly reducing radiation exposure and eliminating the need for post-procedure X-rays. This underlines the rising trend of image-guided navigation systems in the field of robotic surgery services.

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What regions are contributing significantly to the growth of the robotic surgery services market?

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

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