The global image-guided and robot-assisted surgical procedures market size is expected to reach USD 5.6 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 14.6% over the forecast period. An increasing number of complex surgeries, trauma cases, and rapid technological advancements in image-guided robots are expected to propel revenue growth in this market.
Surgical procedures have
witnessed a transformation due to technological advancements such as
microscopic cameras, three-dimensional (3D) imaging, motion sensors, and remote
navigation and robotic catheter control systems in image-guided robots. This,
in turn, has enhanced surgical outcomes. The introduction of surgical robots is
another factor influencing overall positive health outcomes owing to reduced
surgical time and errors. Da Vinci Surgical robot is the most widely used system
for complex surgeries. It is accompanied by a computer-enhanced system and
enhances its capability of performing laparoscopic surgeries.
Urology surgery was the
dominant procedure segment of the global image-guided and robot-assisted
surgical procedures market with a share of 38% in 2016. Some of the urological
surgeries performed by medical robots include prostatectomy, partial
nephrectomy, cystectomy, and pyeloplasty. Da Vinci system is also used to
perform complex gynecological procedures such as hysterectomy and
sacrocolpopexy. Adoption in surgical procedures helps reduce blood loss and
recovery period. An increasing number of surgical procedures using Da Vinci
system is expected to drive overall market growth in the near future.
North America accounted for
the largest share in the global image-guided and robot-assisted surgical
procedures market followed by Europe in 2016. The U.S. accounted for 58.8% of
the total global market share in 2016 mainly due to higher penetration of
robotics and increasing awareness about minimally-invasive surgeries.
Developing economies such as Latin America and Middle East & Africa have
witnessed lower adoption owing to the existence of price-sensitive end users.
Asia Pacific is projected to expand at a CAGR of 16.4% over the forecast period
owing to factors such as improving healthcare infrastructure and increasing
penetration of image-guided robots. These factors are expected to contribute to
regional demand in the near future.
Full Research Report On Image-Guided & Robot-Assisted Surgical Procedures Market
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Further key
findings from the report suggest:
- North America held the largest market share in
2016 due to high investment, increasing demand for robot-assisted
surgeries, and adoption of robotics
- The U.S. was the largest market with 58.8% of the
global market share in terms of revenue in 2016
- Asia Pacific is anticipated to be the
fastest-growing market at a CAGR of 16.4% between 2017 and 2025 owing to
rising demand and technological advancements
- Some of the key players in the image-guided and
robot-assisted surgical procedures market are Crouse Hospital, St.
Vincent, St. Clair Hospital, Northwest Hospital & Medical Center,
Atlantic Health System, The Princess Grace Hospital, Apollo Hospitals
Enterprise Ltd., Medanta The Medicity, and George Washington University
Hospital.
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Grand View Research has
segmented the global image-guided and robot-assisted surgical procedures market
on the basis of specialty type and region:
Image-guided and
Robot-assisted Surgical Procedures Specialty Outlook (Revenue, USD, 2014 -
2025)
- Gynecologic Surgery
- Urologic Surgery
- General Surgery
- Cardiothoracic Surgery
- Head & Neck Specialties
Image-guided and
Robot-assisted Surgical Procedures Regional Outlook (Revenue, USD Million, 2014
- 2025)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The U.K.
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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