Surgical robots market projected to grow at 27.17% CAGR until 2028
These systems are increasingly being used in outpatient and ambulatory surgery centres.
The global surgical robots market is projected to rise by $14.02b until 2028 at a compound annual growth rate of 27.17%, according to Technavio.
The sector’s expansion is particularly evident in the urological surgery segment due to the high demand for robotic assistance in procedures such as prostatectomies and nephrectomies.
Robotic systems are also increasingly being used in outpatient and ambulatory surgery centres, reducing reliance on inpatient facilities.
“Surgical robotic systems are being used for a wide range of procedures, from cardiac surgery and cataract surgery to neurosurgeries and cancer treatment procedures,” the report said.
Meanwhile, demand is rising in developing countries like India, where a shortage of specialised surgeons exists. Surgical robots provide a platform for training and skill development.
“These systems include simulation capabilities, enabling surgeons to practice complex procedures in a controlled environment,” it added.