Micro Surgical Robot Market Analysis - Industry Specific Opportunities and Trends Affecting the Growth - Stryker, Corindus Inc (Siemens Healthineers), Medtronic, Intuitive Surgical, Meerecompany

The micro surgical robot market size was USD 1.5 billion in 2022 and it is anticipated to grow further to over USD 4.6 billion by 2032, at a CAGR of nearly 11.3% during the forecast period.

Robotic surgery, commonly referred to as robot-assisted surgery, enables medical professionals to carry out a variety of complex procedures with more accuracy, adaptability, and control than is possible with conventional methods. The most frequent association of robotic surgery is with minimally invasive procedures done through tiny incisions.

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It is occasionally used in classic open surgical procedures. Magnification, sophisticated diploscopes, specialized precision equipment, and a range of operating procedures are all used in the surgical specialty of microsurgery. These procedures are mostly used to coapt nerves and anastomose small blood vessels (veins and arteries).

Market Trends and Drivers

Compared to other surgical approaches, minimally invasive surgeries have a variety of benefits, including fewer complications from minor incisions, less discomfort and scarring, and shorter hospital stays. Robotic microsurgeries are low-risk procedures that can reduce surgical site infections.

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The robotic system's micro instruments enable surgical involvement through a tiny incision, which is otherwise impossible with manual surgery.

Additionally, easy access to micro tools is encouraging other major manufacturers to enter the market for microsurgery robots.

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Global Micro Surgical Robot Market Segmentation

By Component

Instruments
Accessories
By Application

Urology surgery
Plastic reconstructive surgery
Ophthalmic surgery
Neurosurgery
Lymphatic surgery
ENT surgery
Others
By End User

Hospitals & Clinics
Ambulatory Surgical Centers
Research Institutes
Others

Major Players in the Global Micro Surgical Robot Market

The report analyses the major players such as Stryker, Corindus Inc (Siemens Healthineers), Medtronic, Intuitive Surgical, Meerecompany, Smith & Nephew, Medrobotics corporation, Auris Health (Johnson & Johnson), Zimmer Biomet, Titan Medical, and TransEnterix Surgical among others.

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