New Delhi
Robotic surgery and devices is expected to experience unprecedented growth in 2024, driven by a surge in demand for minimally invasive procedures and advancements in robotic technologies, according to a report on Thursday.
The global market for robotic surgical systems and accessories is projected to hit $10 billion by the end of 2024, with an anticipated surge to $15.8 billion by 2030, said the report by GlobalData, a data and analytics company.
Various factors contribute to the growth of robotic surgery, including rising demand from the expanding elderly demographic seeking minimally invasive and precise surgical solutions, the focus on value-based healthcare to improve surgical results, and continuous technological progress fostering the creation of more effective and less invasive robotic surgical platforms.
Additionally, technological advancements such as artificial intelligence (AI) and machine learning algorithms are further advancing the evolution of robotic surgery and devices. These innovations empower surgeons with real-time data analytics, predictive modelling, and personalised treatment recommendations, thereby revolutionising the way surgeries are performed and patients are cared for.
Moreover, it’s evident that the rising demand for minimally invasive surgeries and ongoing technological advancements are driving sustained growth in the robotic surgery and devices market. Stakeholders from the healthcare, tech, and investment sectors are actively pouring resources into innovative solutions, marking a pivotal shift in surgical practices and patient care.