Surgical Robotics Market: Highlights, Competitive Landscape, and Future Scenarios

Surgical Robotics Market

Highlights, Competitive Landscape, and Future Scenarios

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Overview

The past decade has seen a significant impact of digital technology on global healthcare, particularly with the emergence of AI, big-data analytics, wearables, and robotics. The healthcare sector has been disrupted by surgical robotics and have paved the way for a new era of healthcare delivery. With technology making healthcare more accessible, efficient, and equitable, surgical robotics has become a game-changer in the healthcare space. The use of robotic technology in surgery has revolutionized the way complex surgical procedures are performed, enabling surgeons to carry out such tasks with minimal invasiveness, reduced risk of infection, and faster recovery time for patients. Although relatively new in the field of medicine, surgical robotic systems are advancing rapidly, with 100+ companies leading the way in the development of surgical robotic systems.

Current Scenario

Currently, surgical robotics is progressing towards developing systems that cater to specific stages of a surgical workflow where robotic assistance is required. This reflects the increase in focus in surgical robotics towards cost-effectiveness, wider accessibility of technology, and tangible clinical benefits. Going forward, the focus is likely to increase towards the development of smart surgical robotics systems by integrating technologies such as AI and ML, and advanced sensing and imaging techniques. It is further expected that surgical robotic industry will greatly benefit and be democratized with the availability of 5G technology worldwide, enabling long-distance telesurgery.robotic systems.

Future Direction

It is expected that robotic-assisted surgery (RAS) will continue to gain importance in the clinical settings, provided that it can prove its cost-effectiveness and favorable clinical outcomes. Furthermore, the future will see the advent of fully autonomous surgical systems that can perform surgical procedures with no/minimal human interference through long-distance telesurgery gaining greater accessibility. However, it is imperative that companies operating in this space are well-equipped to tackle the concerns of regulatory standards, IP protection and ethical challenges to enable successful clinical translation of robotic technology.

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