Micro-Surgical Robot Market Trends, Size, Segment and Growth by Forecast to 2028

The micro-surgical robot market is expected to grow from US$ 1,280.81 million in 2022 to US$ 2,817.57 million by 2028; it is expected to grow with a CAGR of 11.9% from 2022 to 2028.

Micro-surgical robots are used to perform microsurgeries, i.e., intracorporal and extracorporeal surgical procedures. Robots can assist in performing a complex surgical procedures more flexibly and precisely, which is possible with conventional techniques. Micro-surgical robots perform minimally invasive surgical procedures with tiny incisions. The advantages of micro-surgical robots are fewer complications, small scars, less blood loss, and quicker recovery. The increasing popularity of minimally invasive surgical procedures, and the advantages of robotic surgeries in terms of accuracy, repeatability, control, and efficiency fuel the global micro-surgical robot market growth. However, the high cost of micro-surgical robots and unfavorable reimbursement scenarios in different countries are hampering the market growth.

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Key Players Analysis :

• MMI S.p.A.
• Microsure B.V.
• Stryker Corporation
• Intuitive Surgical, Inc.
• Medtronic
• Galen Robotics, Inc.
• Ethicon (Johnson & Johnson Services, Inc.)
• Asensus Surgical, Inc.
• Zimmer Biomet

Advantages of Robotic Surgeries in Terms of Accuracy, Repeatability, Control, and Efficiency :

The introduction of robotic surgery is the most recent advancement in liposuction. A surgeon controls the treatments from a master console, while the robotic patient cart performs the procedures more easily and precisely than laparoscopic systems. Owing to its 3D vision and accuracy, and intuitive multi-range instruments, robotic surgery has distinct advantages in liposuction procedures over traditional laparoscopic surgeries, ensuring greater patient safety. Robotic surgeries also aid in the improvement of suturing abilities, and reduction in post-operative pain and recovery time. Robotically aided liposuction is also recommended for obese individuals weighing more than 250 kg, as laparoscopic liposuction is more demanding and difficult.

Component-Based Insights :

Based on component, the global micro-surgical robot market is bifurcated into instruments and accessories. In 2022, the instruments segment is expected to have a larger market share. The market for this segment is estimated to grow at a faster CAGR during the forecast period.

Application-Based Insights :

Based on application, the micro-surgical robot market is segmented into plastic reconstructive surgery, ENT surgery, urology surgery, neurosurgery, ophthalmic surgery, lymphatic surgery, and others. In 2022, the urology surgery segment is estimated to account for the largest share of the market. The same segment is expected to register the highest CAGR from 2022 to 2028.

SEGMENTATION :

The study conducts a SWOT analysis of each company to evaluate strengths and weaknesses. It also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Micro-Surgical Robot market segments and regions.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Micro-Surgical Robot Market based on various segments. It also provides market size and forecast with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Micro-Surgical Robot Market by each region is later sub-segmented by respective countries and segments.

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This release was published on openPR.