Industry Overview of Urology Robotic Surgery Market
Urology robotic surgery represents a minimally invasive treatment that usually includes surgical instruments and miniaturized computer-controlled manipulators with a video camera and artificial sensing solutions. These devices are placed in small punctures by several robotic consoles under the supervision of healthcare professionals to reach critical and distant spaces. Urology robotic surgery comprises navigation systems, planners, simulators, and other crucial accessories as standard equipment types. It provides accurate motions and increased magnification, ensures peer collaborations during treatment procedures, maximizes productivity, minimizes recovery time, blood loss, and post-surgical complications, etc. Urology robotic surgery reduces scarring, discomfort, pain, and the risk of infection and offers better clinical outcomes. Consequently, it is widely used in clinics and hospitals for cystectomy, nephrectomy, prostatectomy, and pyeloplasty surgical procedures.
How Big Is the Urology Robotic Surgery Market?
The global urology robotic surgery market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 3.1 Billion by 2028 exhibiting a CAGR of 10.5% during 2023-2028.
Urology Robotic Surgery Market Trends and Drivers:
The rising prevalence of urinary tract diseases among the geriatric population is primarily driving the urology robotic surgery market. Additionally, continuous improvements in healthcare infrastructures are further bolstering the market growth. Besides this, the widespread adoption of minimally invasive assisted surgeries for knee and hip replacements is acting as another significant growth-inducing factor. Moreover, the inflating need for automated surgical tools that reduce the chances of human errors and the development of a software-enforced remote center of motion (RCM) are positively influencing the global market. Apart from this, the growing usage of robot-assisted flexible endoscopes that enable healthcare practitioners to access and treat complex anatomies and enhance precision in diagnostic proceedings is anticipated to fuel the urology robotic surgery market over the forecasted period.
Global Urology Robotic Surgery Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Intuitive Surgical Inc., Johnson & Johnson, Medtronic plc, Stryker Corporation, Surgical Science Sweden AB.
The report segmented the market based on region, component and application.
Component Insights:
- Robotic Surgery Systems
- Instruments and Accessories
- Services
Application Insights:
- Robotic Prostatectomy
- Robotic Cystectomy
- Robotic Pyeloplasty
- Robotic Nephrectomy
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa