Global 5G Remote Surgery Market Projected to Grow at 30.6% CAGR, Reaching $5.23 Billion by 2029

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What Will the 5G Remote Surgery Industry Market Size Be by 2025?
The market size of 5G remote surgery has seen a remarkable uptick in recent times. The market is predicted to expand from $1.37 billion in 2024 to $1.80 billion in 2025, with a compound annual growth rate (CAGR) of 31.0%. Several factors have contributed to this growth in the historical phase, including the increased adoption of less invasive surgery procedures, the rising demand for instantaneous data transmission in the healthcare sector, substantial investments in telemedicine infrastructure, the mounting necessity for remote specialized surgeon accessibility, and the growing integration of high-speed internet within healthcare facilities.

What's the Long-Term Growth Forecast for the 5G Remote Surgery Market Size Through 2029?
The market scale for 5G remote surgery is projected to witness a surge in the upcoming years, reaching a stature of $5.24 billion by 2029 with a 30.6% compound annual growth rate (CAGR). This expansion during the predicted period is due to the increasing demand for international surgical skills, the use of AI in remote surgical systems, heightened patient desire for quicker and safer surgical procedures, growing implementation of 5G networks in budding markets, and a surge in the requirement for efficient healthcare delivery systems. Prominent trends during this period include the creation of international tele-surgery capabilities, inclusion of virtual reality for pre-surgery training, incorporation of augmented reality for improved visualization, blockchain usage for safeguarding surgical records, and advancements in remote robotic surgery platforms.

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What Are the Key Growth Drivers Fueling the 5G Remote Surgery Market Expansion?
The growth of the 5G remote surgery market is expected to be driven forward through the escalating adoption of telemedicine. Telemedicine involves the application of digital tools to deliver healthcare services remotely, thus allowing patients to seek medical advice, receive diagnoses, and manage their treatments without the necessity for a physical clinic visit. The rising use of telemedicine is attributed to its superior convenience, making healthcare services accessible remotely, time-saving, and removing the need for travel, thereby enhancing overall accessibility and efficiency. 5G remote surgery supplements telemedicine by facilitating real-time, high-accuracy surgeries remotely, ensuring expert care is available in distant or underserved regions. It minimizes patient travel requirements and allows for prompt medical intervention, enhancing overall healthcare efficiency and convenience further. For example, a survey conducted among 8,000 U.S. adults in February 2023 by Rock Health, a nonprofit organization based in the US, revealed that 80% of the respondents utilized telemedicine at least once, signifying an 8% surge from the 72% of 2021. Hence, the increasing use of telemedicine is bolstering the growth of the 5G remote surgery market.

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What Are the Key Trends Driving 5G Remote Surgery Market Growth?
In the 5G remote surgery sector, significant businesses are concentrating on creating technologically superior products like surgical robots. Such robots are designed to assist surgeons in conducting exact and minimally invasive procedures with improved skill, precision, and control, with the goal of enhancing patient outcomes. In May 2023, for example, Shanghai MicroPort MedBot (Group) Co. Ltd., a company based in China, gained marketing authorization from the Brazilian Health Surveillance Agency (ANVISA) for their orthopaedic surgical robot, Honghu (also known as SkyWalker in international markets). By integrating 5G remote capacities with CT-guided imaging, the Honghu robot supports surgeons in executing highly accurate joint replacement surgeries, including less invasive ones. The robot, which employs robotic arms to boost precision, allows for comprehensive preoperative surgical preparation and can handle complicated cases like severe rheumatoid arthritis or post-fracture surgeries. Honghu is approved in various regions and has proved to be reliable through hundreds of robot-assisted procedures, leading to its growing adoption in different markets.

How Is the 5G Remote Surgery Market Segmented?
The 5G remote surgery market covered in this report is segmented as

1) By Component: Hardware, Software, Services
2) By Connectivity: Standalone 5G, Non-Standalone 5G
3) By Application: Cardiology Surgery, Orthopedic Surgery, Neurosurgery, Gynecological Surgery, Others Application
4) By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others End-Users

Subsegments:
1) By Hardware: Surgical Robot, Communication Equipment, Imaging Devices, Sensors
2) By Software: Surgical Planning Software, Remote Monitoring Software, Imaging Analysis Software, Data Management Software
3) By Services: Remote Surgical Assistance, Training And Education, Maintenance And Support, Consulting Services

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Which Companies Are Leading the Charge in 5G Remote Surgery Market Innovation?
Major companies operating in the 5g remote surgery market are Verizon Communications Inc., Huawei Technologies Co. Ltd., Johnson And Johnson Ethicon Inc., Telefónica S.A., Siemens Healthineers AG, Soliton Systems Inc., PT Telekomunikasi Selular, Smith And Nephew plc, NTT DOCOMO Inc., CMR Surgical Ltd., Shanghai MicroPort MedBot (Group) Co. Ltd., Proximie Limited., Tianjin Tinavi Medical Technology Co. Ltd., Sovato Inc., Virtual Incision Corporation, Medrobotics Corporation, Avail Medsystems, SS Innovations International Inc., Shenzhen Edge Medical Co. Ltd., and Sina Robotics Inc.

Which Regions Are Leading the Global 5G Remote Surgery Market in Revenue?
North America was the largest region in the 5G remote surgery market in 2024. The regions covered in 5G remote surgery report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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