From GlobeNewswire: 2025-02-14 08:15:00

The global Robotic Surgical Procedures Market is projected to reach USD 51.91 billion by 2032, growing at a CAGR of 19.27% from 2024 to 2032. The rise in chronic diseases and the shift towards minimally invasive procedures are major factors fueling market growth, with governments worldwide investing in health infrastructure to support robotic surgery programs.

In 2023, the General Surgery segment held the largest revenue share at 38.65%, with robotic systems being used in procedures like cholecystectomies, hernia repairs, and bariatric surgery. The neurology application is expected to register the highest growth rate at a 22.39% CAGR, with robotic systems being increasingly used in high-precision surgeries.

Hospitals were the largest end-user segment in the global market in 2023, with their infrastructure supporting a wide range of robotic procedures. Ambulatory Surgical Centers (ASC) are witnessing rapid growth due to increased adoption of robotic systems for outpatient minimally invasive procedures, offering efficiency and cost-effectiveness.

North America held the largest share of 48% of global revenue in 2023, with exemplary healthcare infrastructure and high acceptance of innovative technologies driving market growth. The Asia-Pacific region is anticipated to exhibit the fastest growth during the forecast period, attributed to increasing healthcare expenditure and supportive government initiatives.

Key players in the Robotic Surgical Procedures Market include Avatera Medical, Intuitive Surgical, Medtronic plc, Stryker Corporation, and Johnson & Johnson, among others. The market is segmented by application into neurology, urology, general surgery, gynecology, and others, and by end-user into hospitals, ambulatory surgery centers, and diagnostic labs. The latest report on Robotic Surgical Procedures Market Analysis & Outlook 2024-2032 provides insights into the number of procedures performed, growth in volume by specialty, hospital adoption rates, investment trends, and average costs by region. The competitive landscape, market applications, end users, regional analysis, company profiles, and best practices are also covered. Access the complete report details at https://www.snsinsider.com/reports/robotic-surgical-procedures-market-3090.

SNS Insider, a leading market research and consulting agency, aims to provide clients with the necessary knowledge to navigate changing circumstances. With a focus on current, accurate market data, consumer insights, and opinions, they utilize surveys, video talks, and focus groups globally to empower decision-making with confidence.



Read more at GlobeNewswire: Robotic Surgical Procedures Market to Hit USD 51.91 Billion