Press release
Top Factor Driving Robotic Surgery Services Market Growth in 2025: Growth In Robotic Surgery Services Market Fueled By Hospital Investment
How Are the key drivers contributing to the expansion of the robotic surgery services market?The demand for robotic surgery services has been significantly fueled by the improved purchasing capability of hospitals and ambulatory care services. These institutes are motivated to acquire the newest technologies to provide superior care to their patients as well as gain a competitive advantage. For instance, as reported by Intuitive Surgical, a prominent American robotic surgery company, there was an 18% increase in the number of surgical procedures conducted using da Vinci Surgical Systems in 2022, with nearly 1,875,000 surgeries performed as compared to the approximately 1,594,000 surgeries of the previous year. A rise in revenue from da Vinci Surgical Systems was also observed in the fourth quarter, escalating to about $1.66 billion in 2022, a 7% increase from the $1.55 billion earned in 2021. Thus, the augmented purchasing capacity of hospitals and ambulatory care services, paired with a rise in the elderly population and chronic disease prevalence, have played a substantial role in driving the expansion of the robotic surgery services market.
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What growth opportunities are expected to drive the robotic surgery services market's CAGR through 2034?
The market size of robotic surgery services has seen swift expansion in the past few years. It's projected to surge from $1.2 billion in 2024 to $1.41 billion in 2025, growing at a compound annual growth rate (CAGR) of 17.5%. The growth experienced in the historical period is evidently due to an upsurge in the utilization of surgical robots, an increase in the count of healthcare facilities, supportive government laws, bolstered healthcare expenditures, and a speedy increase in the aged population.
In the ensuing years, the market for robotic surgery services is anticipated to witness quick expansion. The market is set to reach $2.36 billion by 2029, with a compound annual growth rate (CAGR) of 13.7%. Factors contributing to this advancement over the forecast timeline include the launch of new products, the wider prevalence of minimally invasive surgeries, an uptick in chronic diseases, and increased health care spending. Key trends during this period include the use of in-vivo robots and nanobots in surgical services, advances in new technology, a rise in merger and acquisition activity, and the incorporation of artificial intelligence in robotic surgical procedures.
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What are the most significant trends transforming the robotic surgery services market today?
The integration of image guide navigation systems with robotic surgery systems has enhanced the ability to visualize and undertake minimally invasive operations in formerly challenging areas, particularly in orthopedic and neurosurgeries. Robotic surgical platforms such as Medtronic's Mazor X Stealth, NuVasive's Pulse, and Globus Medical's Excelsius GPS employ these systems to conduct spine surgeries as well as orthopedic implant procedures like total, partial knee, and hip replacements, providing surgeons with a 3D operative perspective. The utilization of image-guided navigation mitigates the effects of radiation, eliminating the need for patients to undergo an X-ray post-surgery. Consequently, the image-guided navigation system is poised to become a key trend in the realm of robotic surgical services.
Which growth-oriented segments of the robotic surgery services market are leading the industry's development?
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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What regions are leading the charge in 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
What companies are at the forefront of innovation 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.
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What Is Covered In The Robotic Surgery Services Global Market Report?
• Market Size Forecast: Examine the robotic surgery services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the robotic surgery services market for a structured understanding.
• Key Players Overview: Analyze major players in the robotic surgery services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the robotic surgery services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the robotic surgery services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the robotic surgery services market.
• Industry Challenges: Identify potential risks and obstacles affecting the robotic surgery services market.
• Competitive Landscape: Review strategic developments in the robotic surgery services market, including expansions, agreements, and new product launches.
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