The AI-Based Surgical Robots Market is being driven by Increasing preference for minimally invasive procedures and pursuit of superior surgical outcomes
The AI-Based Surgical Robots Market is expected to grow at a CAGR of 18.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 11297.1 million. The global AI-based surgical robots market is witnessing a significant shift from large, multipurpose robotic systems to smaller, more specialized platforms. Early surgical robots featured extensive footprints and broad applicability, serving as comprehensive solutions for intricate procedures. However, these systems necessitated dedicated operating rooms and substantial capital investment, restricting their adoption to major medical institutions. Presently, market trends lean towards specialization and miniaturization. Companies are engineering robots for specific surgical domains, such as orthopedics, neurosurgery, ophthalmology, and endoluminal interventions, to cater to the evolving needs of healthcare providers.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
236 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 18.5% |
Market growth 2025-2029 |
USD 11297.1 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
17.4 |
Key countries |
US, Germany, China, UK, Japan, Canada, France, South Korea, Italy, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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AI-based surgical robots are revolutionizing the medical field with advanced features such as sensors, AI surgical algorithms, and remote surgery technology. These robots offer microsurgery capabilities, ensuring robotic surgical safety, and enabling surgical data analytics for precision robotic control. Actuators and surgical workflow optimization are also key components, along with AI-driven surgical training and simulation software. AI-assisted surgical guidance and improved surgical outcomes are achieved through minimally invasive tools, surgical robot arms, and AI-based image analysis. Robot-assisted surgery enhances surgical precision, leading to faster recovery and shorter procedures. Maintenance of these sophisticated machines is crucial for optimal performance.
The AI-Based Surgical Robots market is a specialized segment within the broader global application software industry. This market specifically focuses on companies developing and producing advanced surgical robots, incorporating features such as surgical robot dexterity, haptic feedback systems, and image-guided surgery, utilizing robotic surgical instruments. Technavio's market analysis calculates the market size based on the combined revenue generated by these companies, encompassing cloud-based software solutions as well. This market is distinct from the general IT software market, which covers a wider range of software providers, and from the systems software market, which primarily deals with database management software.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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