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Global Robotic-Assisted Laparoscopic Surgery Market Projected to Grow at 10% CAGR, Reaching $228.45 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Robotic-Assisted Laparoscopic Surgery Industry Market Size Be by 2025?
The market size for robotic-assisted laparoscopic surgery has been growing very rapidly over the past few years. A rise from $140.9 billion in 2024 to $155.62 billion in 2025 is expected, which symbolizes a compound annual growth rate (CAGR) of 10.4%. This significant growth during the historical period can be linked to factors such as greater investment in healthcare robotics, a global increase in health care spending, proliferation of training programs for robotic surgery, burgeoning demand for personalized surgical solutions, and expansive research and development efforts.
What's the Long-Term Growth Forecast for the Robotic-Assisted Laparoscopic Surgery Market Size Through 2029?
The market size for robotic-assisted laparoscopic surgery is anticipated to expand rapidly in the coming years, expecting to reach $228.46 billion in 2029, with a compound annual growth rate (CAGR) of 10.1%. The predicted growth within this forecast period could be due to an increase in demand for less invasive surgical approaches, wider use of automated equipment, a higher incidence of bone degenerative diseases, growing instances of chronic illnesses, and an aging population. Some of the significant trends expected during the forecast period are advancements in technology, the incorporation of artificial intelligence (AI), machine learning, training based on simulation, and microrobotics.
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What Are the Key Growth Drivers Fueling the Robotic-Assisted Laparoscopic Surgery Market Expansion?
The rise in demand for surgical procedures is anticipated to boost the robotic-assisted laparoscopic surgery market's expansion. Surgical procedures, medical interventions that involve altering tissues and organs physically via manual or instrumental methods, are seeing an increased demand due to a heightened awareness about health and cosmetic options along with a surge in chronic and age-related conditions. Robotic-assisted laparoscopic surgery is a major leap forward in surgical procedures, providing greater precision and control which facilitates complex procedures to be more easily performed, shortens patient recovery periods and reduces surgical risks. For example, The Aesthetic Society, a US-based plastic surgery and cosmetic medicine body, noted in August 2023 that in 2022, Americans had spent in excess of $11.8 billion on aesthetic procedures, indicating a 2% rise from 2021. As such, the escalating demand for surgical procedures is fuelling the progress of the robotic-assisted laparoscopic surgery market.
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What Are the Key Trends Driving Robotic-Assisted Laparoscopic Surgery Market Growth?
Leading firms in the market for robotic-assisted laparoscopic surgery are concentrating on the refinement of superior technologies such as AI platforms for robotic surgery. These platforms are developed to assist the surgeons in self-evaluation and advancement of their surgical techniques. The integration of advanced AI with robotic surgical systems in these platforms heightens precision, streamlines specific duties, and leverage surgical decision-making. The goal is to perfect surgical results by supplying surgeons with real-time data, analysis, and control tools. To illustrate, Medtronic, a US-based medical devices company, in July 2024, rolled out the Live Stream capability for its Touch Surgery digital technology suite. The innovative feature facilitates secure live broadcasting of surgeries, setting up a virtual training platform allowing medical personnel to remotely learn from expert techniques, resembling an onsite experience. This technology enriches post-operative evaluations with 14 sophisticated AI algorithms that derive insights from surgical footage, primarily those involving laparoscopic and robotic-assisted procedures. This move synergizes with ongoing attempts to merge state-of-the-art computing abilities into operating rooms worldwide, with an aim to boost surgical training, amplify operational productivity, and improve patient outcomes.
How Is the Robotic-Assisted Laparoscopic Surgery Market Segmented?
The robotic-assisted laparoscopic surgerymarket covered in this report is segmented -
1) By Type: Robotic-Assisted Radical Prostatectomy, Robotic-Assisted Partial Nephrectomy, Robotic-Assisted Nephrectomy, Other Type
2) By Application: Hospitals, Ambulatory Surgical Center, Other Applications
3) By End-Use: Inpatient, Outpatient
Subsegments:
1) Robotic-Assisted Radical Prostatectomy: Robotic Prostatectomy Systems, Surgical Instruments For Prostatectomy, Training And Simulation Tools, Consumables And Accessories
2) Robotic-Assisted Partial Nephrectomy: Robotic Surgical Systems, Specialized Instruments For Partial Nephrectomy, Software Solutions For Planning And Simulation, Support And Maintenance Services
3) Robotic-Assisted Nephrectomy: Robotic Nephrectomy Platforms, Instrument Sets For Nephrectomy Procedures, Imaging And Navigation Tools, Training Programs For Surgeons
4) Other Types: Robotic-Assisted Cholecystectomy, Robotic-Assisted Hysterectomy, Robotic-Assisted Bariatric Surgery, Robotic-Assisted Colorectal Surgery
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Which Companies Are Leading the Charge in Robotic-Assisted Laparoscopic Surgery Market Innovation?
Major companies operating in the robotic-assisted laparoscopic surgery market are Johnson & Johnson, Medtronic PLC, Doosan Corporation, Intuitive Surgical Inc., Vicarious Surgical Inc., MedStar Health Inc., Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, Corza Medical, CMR Surgical Ltd., Distalmotion S.A., Titan Medical Inc., Medrobotics Corporation, Asensus Surgical Inc., SS Innovations China Co. Ltd., Moon Surgical Inc., Levita Magnetics, EndoQuest Robotics, FreeHand Surgeon, Shandong Weigao Surgical Robot
Which Regions Are Leading the Global Robotic-Assisted Laparoscopic Surgery Market in Revenue?
Asia-Pacific was the largest region in the robotic-assisted laparoscopic surgery market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic-assisted laparoscopic surgery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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