Asia-Pacific Surgical Robots Market Outlook, 2029
The Asia-Pacific Surgical Robots Market is segmented into By Surgical Robot Function (Laparoscopic robots, Endoscopic robots, Microsurgical robots, Robot-assisted radiosurgery, Rehabilitation robots, Telepresence robots), By Product & ServicesInstrument & Accessories (Surgical systems, Services (Maintenance & Up gradation)), By Application (Orthopetical Surgery, Gynecological Surgery, General Surgery, Urological Surgery, Neurosurgery, Other Applications), By End Use (Hospitals & Clinics, Ambulatory Surgery Centers, Refrigerated Transportation).
- Bonafide Research
- 31-01-2024
- Pages : 97
- Figures : 33
- Tables : 14
- Region : Asia-Pacific
- Category : Lifescience
- Biotechnology
The Asia-Pacific Surgical Robots market is projected to grow with more than 17.50% CAGR from 2024 to 2029 due to Increasing healthcare infrastructure
- Historical Period2018-2022
- Base Year2023
- Forecast Period2024-2029
- CAGR (2024-2029) 17.5%
- Largest MarketJapan
- Fastest Market India
- Format
Featured Companies
- 1. Johnson & Johnson,
- 2. Beckton Dickinson
- 3. Renishaw plc
- 4. Medtronic plc
- 5. Stryker corporation
- 6. Zimmer Biomet Holdings, Inc.
- More...
Surgical Robots Market Market Analysis
The Asia-Pacific region is at the cutting edge of technological innovation, and the healthcare sector is no exception. The Asia-Pacific surgical robot market has emerged as a hub for transformational developments, transforming the landscape of medical treatments and surgical procedures. The incorporation of robotic systems into surgical practices has grown significantly, owing to a combination of regionally specific reasons. As Asia-Pacific countries aspire for better healthcare outcomes and cutting-edge medical technologies, the surgical robot market emerges as a crucial participant in the quest for precision, efficiency, and better patient care. The dynamics of the Asia-Pacific surgical robot market are multidimensional, with numerous factors influencing its trajectory. From China and India's thriving economies to Japan's technologically advanced landscapes in Japan and South Korea, the region embodies a rich tapestry of healthcare needs and aspirations. The Asia-Pacific surgical robot market is expanding due to a combination of factors, including the rapid adoption of advanced medical technologies, an increase in healthcare investments, and growing awareness among healthcare professionals and patients about the benefits of robotic-assisted surgeries. As the area positions itself as a global leader in healthcare innovation, the surgical robot market becomes a breeding ground for ingenuity, with robotics, artificial intelligence, and medical experience combining to redefine surgical precision and patient outcomes. Countries within the Asia-Pacific, particularly in East Asia, have become pioneers in the application of robotic technology for various minimally invasive surgeries. This includes procedures in urology, gynecology, and gastrointestinal surgery, where surgical robots contribute to precision and enhanced outcomes. The focus on minimizing patient discomfort and improving recovery experiences aligns with the region's commitment to providing patient-centric and advanced healthcare solutions. According to the research report "Asia-Pacific Surgical Robots Market Outlook, 2029," published by Bonafide Research, the Asia-Pacific Surgical Robots market is projected to grow with more than 17.50% CAGR from 2024 to 2029. One of the most exciting elements of the Asia-Pacific region in terms of surgical robots is their wide range of applications and specializations. Countries in the region have distinct strengths and specializations, with some excelling in specialized medical fields. For example, Japan has been a pioneer in the development of robotic equipment for complicated surgeries, particularly in neurosurgery, capitalizing on its technological strength. Meanwhile, countries such as India and China have made considerable advances in deploying surgical robots for a variety of treatments, including orthopedic surgeries and urological interventions. This variety of applications demonstrates the region's adaptability and broad range of skills, which contributes to the overall growth and development of surgical robotics. Medical tourism in the Asia-Pacific region has increased, with patients looking for innovative and cost-effective treatments. Surgical robots play an important role in recruiting international patients seeking cutting-edge medical solutions. Several countries in the region, noted for their medical prowess, have become medical tourism hotspots, providing robotic-assisted procedures as part of their healthcare offerings. Furthermore, the region actively participates in international collaborations and partnerships, attracting medical experts and researchers from all over the world. These collaborations promote a lively interchange of ideas, expertise, and best practices, which contributes to the Asia-Pacific surgical robot market's ongoing progress and international recognition.
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Major Drivers Technological advancements and research & development initiatives: The constant pursuit of technical improvements, together with robust research and development endeavors, emerge as critical drivers moving the Asia-Pacific surgical robot market ahead. Countries in the region are actively investing in cutting-edge technology such as artificial intelligence, machine learning, and improved imaging techniques to improve the capabilities of surgical robots. Ongoing R&D efforts are aimed at improving existing robotic systems, discovering new applications, and increasing the overall efficiency and safety of robotic-assisted procedures. The Asia-Pacific region's drive to innovation puts it as a vital participant in shaping the global surgical robotics landscape, with the continual integration of cutting-edge technology driving market growth. Increasing healthcare investments and infrastructure development: The Asia-Pacific region is seeing a considerable increase in healthcare investments and infrastructure development, which is positively impacting the surgical robot market. Governments and corporate groups alike are allocating significant resources to build and upgrade healthcare facilities, particularly in emerging nations. This involves the use of modern medical technologies, like surgical robots, to address the growing demand for high-quality healthcare services. The infusion of financial resources into healthcare infrastructure development fosters the adoption of surgical robots, allowing healthcare institutions to provide cutting-edge surgical interventions while also positioning the Asia-Pacific region as a hub for transformative healthcare solutions. Major Challenges Limited reimbursement policies: The Asia-Pacific region confronts hurdles because of restrictive payment regulations for robotic-assisted surgery. While surgical robots provide long-term benefits, their initial expenses can strain healthcare budgets. Inconsistent or inadequate reimbursement models may deter healthcare providers from investing in and using surgical robots, stifling industry growth. Addressing this issue needs coordination among industry stakeholders, insurers, and policymakers to create reimbursement mechanisms that appropriately reflect the value and cost-effectiveness of robotic-assisted operations. Advocacy initiatives are critical in communicating the long-term benefits and economic advantages of surgical robots and ensuring equitable reimbursement processes across the region.
Surgical Robots Market Segmentation
| By Surgical Robot Function | Laparoscopic robots | |
| Endoscopic robots | ||
| Microsurgical robots | ||
| Robot-assisted radiosurgery | ||
| Rehabilitation robots | ||
| Telepresence robots | ||
| Instrument & Accessories | ||
| By Product & Services | Surgical systems | |
| Services (Maintenance & Upgradation) | ||
| By Application | Orthopetical Surgery | |
| Gynecological Surgery | ||
| General Surgery | ||
| Urological Surgery | ||
| Neurosurgery | ||
| Other Applications | ||
| By End Use | Hospitals & Clinics | |
| Ambulatory Surgery Centers | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
Based on surgical robot function segment market is segmented into laparoscopic robots, endoscopic robots, microsurgical robots, robot-assisted radiosurgery, rehabilitation robots, and telepresence robots. Telepresence robots are expected to grow at rapid pace in Asia-Pacific surgical robots market. Based on product & services segment market includes instrument & accessories, surgical systems and services. The Asia-Pacific region is broad and diverse, with countries having varying levels of healthcare infrastructure and experience. Telepresence robots can overcome geographic barriers by allowing remote experts or surgeons to engage in surgical procedures from a distance. This is especially useful in communities with limited access to specialized medical care. Telepresence robots enable remote consultations, allowing experienced surgeons to offer advice and knowledge to healthcare workers in different places. They can also be used to train surgeons in remote or underdeveloped places, allowing them to learn from professionals without having to physically be present. Advances in telepresence technology, including improvements in video quality, real-time communication, and robotic control systems, make these robots more effective and user-friendly. The continuous evolution of technology may make telepresence robots increasingly attractive to healthcare providers in the Asia-Pacific region. Surgical systems are a collection of robotic technologies used to aid surgeons in completing various surgeries. The benefits of robotic-assisted surgery, such as precision, less invasive procedures, and improved patient outcomes, have led to an increase in its acceptance across the Asia-Pacific area. Many countries in the Asia-Pacific are investing in extending and updating their healthcare infrastructure. As healthcare institutions expand their capacities, there is a greater emphasis on adopting new medical technologies, particularly surgical equipment, to provide cutting-edge treatment alternatives. Based on application segment market includes orthopedical surgery, gynecological surgery, general surgery, urological surgery, neurosurgery and other applications. Based on end use segment market includes hospitals and clinics and ambulatory surgery centers. Neurosurgery includes extremely intricate and delicate procedures that frequently necessitate a high level of precision and accuracy. Surgical robots, with their expanded skills and precision, can help neurosurgeons complete complex procedures, resulting in better patient outcomes. Surgical robots offer minimally invasive neurosurgery procedures, which involve making small incisions to reduce harm to surrounding tissues. Minimally invasive methods offer advantages such as faster recovery times, less postoperative pain, and a lower chance of complications, making them more appealing to both surgeons and patients. Ambulatory surgery facilities specialize in delivering outpatient surgical treatments, and there has been a global trend, notably in the Asia-Pacific area, to perform more surgeries as outpatients. ASCs provide a more cost-effective and efficient alternative to typical hospital settings for some surgical operations. ASCs are widely recognized for their efficiency and cost-effectiveness. Surgical robots, despite requiring an initial investment, can improve the overall efficiency of procedures conducted in ASCs. Shorter operation times, faster patient turnover, and shorter hospital stays can result in cost savings for both healthcare professionals and patients. ASCs offer a wide range of surgical specialties, and the use of surgical robots can extend across numerous disciplines, including gynecology, urology, orthopedics, and general surgery. The versatility of surgical robots allows ASCs to provide a broad spectrum of procedures, attracting a diverse patient population.
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Surgical Robots Market Market Regional Insights
Based on report market is categorised into five major countries China, Japan, India, Australia and South Korea. Japan is expected to lead the Asia-Pacific surgical robots market. Japan's surgical robot business has evolved into a dynamic and innovative sector, demonstrating the country's dedication to technological advancements in healthcare. Japan, known for its precision-oriented culture and cutting-edge technology breakthroughs, has identified surgical robots as a game-changing force in medical procedures. An aging population, a robust healthcare infrastructure, and a strong emphasis on research and development all help to drive market growth. Japan's demographic landscape, marked by an aging society, has led to an increase in demand for medical treatments that suit the unique needs of elderly citizens. Surgical robots have grown in favor in this context, as they offer precise and less invasive procedures that are especially beneficial to the elderly. Japan's global reputation for technology and manufacturing extends to the surgical robot sector, where both international and domestic companies are actively participating in its expansion. Major global players and innovative Japanese enterprises are driving competitiveness by developing a culture of continuous development and technological advances in surgical robotics. Collaborations among academia, industry, and healthcare facilities foster innovation and keep Japan on the cutting edge of medical robotics. Furthermore, Japanese surgical robots often employ advanced imaging and sensing technology. This connection enhances the surgeon's ability to see the operative site in real time and collect detailed information during surgery.
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Companies Mentioned
- Johnson & Johnson,
- Beckton Dickinson
- Renishaw plc
- Medtronic plc
- Stryker corporation
- Zimmer Biomet Holdings, Inc.
- Smith & Nephew plc
- Globus Medical, Inc.
- Siemens Healthineers
- CMR Surgical
- Intuitive Surgical, Inc
- Accuray Incorporated
Table of Contents
- Table of Contents
- 1. Executive Summary
- 2. Research Methodology
- 2.1. Secondary Research
- 2.2. Primary Data Collection
- 2.3. Market Formation & Validation
- 2.4. Report Writing, Quality Check & Delivery
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Assumptions
- 3.3. Limitations
- 3.4. Abbreviations
- 3.5. Sources
- 3.6. Definitions
- 4. Economic /Demographic Snapshot
- 5. Global Surgical Robots Market Outlook
- 5.1. Market Size By Value
- 5.2. Market Share By Region
- 5.3. Market Size and Forecast, By Surgical Robot Function
- 5.4. Market Size and Forecast, By Product & Services
- 5.5. Market Size and Forecast, By Application
- 5.6. Market Size and Forecast, By End User
- 6. Asia-Pacific Surgical Robots Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Country
- 6.3. Market Size and Forecast, By Surgical Robot Function
- 6.4. Market Size and Forecast, By Product & Services
- 6.5. Market Size and Forecast, By Application
- 7. Market Dynamics
- 7.1. Market Drivers & Opportunities
- 7.2. Market Restraints & Challenges
- 7.3. Market Trends
- 7.4. Covid-19 Effect
- 7.5. Supply chain Analysis
- 7.6. Policy & Regulatory Framework
- 7.7. Industry Experts Views
- 7.8. Market Size and Forecast, By End User
- 7.9. China Surgical Robots Market Outlook
- 7.9.1. Market Size By Value
- 7.9.2. Market Size and Forecast By Surgical Robot Function
- 7.9.3. Market Size and Forecast By Product & Services
- 7.9.4. Market Size and Forecast By Application
- 7.9.5. Market Size and Forecast By End User
- 7.10. Japan Surgical Robots Market Outlook
- 7.10.1. Market Size By Value
- 7.10.2. Market Size and Forecast By Surgical Robot Function
- 7.10.3. Market Size and Forecast By Product & Services
- 7.10.4. Market Size and Forecast By Application
- 7.10.5. Market Size and Forecast By End User
- 7.11. India Surgical Robots Market Outlook
- 7.11.1. Market Size By Value
- 7.11.2. Market Size and Forecast By Surgical Robot Function
- 7.11.3. Market Size and Forecast By Product & Services
- 7.11.4. Market Size and Forecast By Application
- 7.11.5. Market Size and Forecast By End User
- 7.12. Australia Surgical Robots Market Outlook
- 7.12.1. Market Size By Value
- 7.12.2. Market Size and Forecast By Surgical Robot Function
- 7.12.3. Market Size and Forecast By Product & Services
- 7.12.4. Market Size and Forecast By Application
- 7.12.5. Market Size and Forecast By End User
- 7.13. South Korea Surgical Robots Market Outlook
- 7.13.1. Market Size By Value
- 7.13.2. Market Size and Forecast By Surgical Robot Function
- 7.13.3. Market Size and Forecast By Product & Services
- 7.13.4. Market Size and Forecast By Application
- 7.13.5. Market Size and Forecast By End User
- 8. Competitive Landscape
- 8.1. Competitive Dashboard
- 8.2. Business Strategies Adopted by Key Players
- 8.3. Porter's Five Forces
- 8.4. Company Profile
- 8.4.1. Stryker Corporation
- 8.4.1.1. Company Snapshot
- 8.4.1.2. Company Overview
- 8.4.1.3. Financial Highlights
- 8.4.1.4. Geographic Insights
- 8.4.1.5. Business Segment & Performance
- 8.4.1.6. Product Portfolio
- 8.4.1.7. Key Executives
- 8.4.1.8. Strategic Moves & Developments
- 8.4.2. Medtronic plc
- 8.4.3. Smith & Nephew plc
- 8.4.4. Siemens Healthineers
- 8.4.5. Zimmer Biomet Holdings, Inc
- 8.4.6. Renishaw plc
- 8.4.7. CMR Surgical
- 8.4.8. Intuitive Surgical, Inc
- 8.4.9. Globus Medical, Inc.
- 8.4.10. Accuray Incorporated
- 8.4.11. Johnson & Johnson
- 8.4.12. Becton, Dickinson and Company
- 8.4.13. PROCEPT BioRobotics
- 9. Strategic Recommendations
- 10. Annexure
- 10.1. FAQ`s
- 10.2. Notes
- 10.3. Related Reports
- 11. Disclaimer
Table 1: Global Surgical Robots Market Snapshot, By Segmentation (2023 & 2029) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Surgical Robots Market Size and Forecast, By Surgical Robot Function (2018 to 2029F) (In USD Billion)
Table 6: Global Surgical Robots Market Size and Forecast, By Product & Services (2018 to 2029F) (In USD Billion)
Table 7: Global Surgical Robots Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 8: Global Surgical Robots Market Size and Forecast, By End User (2018 to 2029F) (In USD Billion)
Table 9: Asia-Pacific Surgical Robots Market Size and Forecast, By Surgical Robot Function (2018 to 2029F) (In USD Billion)
Table 10: Asia-Pacific Surgical Robots Market Size and Forecast, By Product & Services (2018 to 2029F) (In USD Billion)
Table 11: Asia-Pacific Surgical Robots Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 12: Influencing Factors for Surgical Robots Market, 2023
Table 13: Asia-Pacific Surgical Robots Market Size and Forecast, By End User (2018 to 2029F) (In USD Billion)
Table 14: China Surgical Robots Market Size and Forecast By Surgical Robot Function (2018 to 2029F) (In USD Billion)
Table 15: China Surgical Robots Market Size and Forecast By Product & Services (2018 to 2029F) (In USD Billion)
Table 16: China Surgical Robots Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 17: China Surgical Robots Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 18: Japan Surgical Robots Market Size and Forecast By Surgical Robot Function (2018 to 2029F) (In USD Billion)
Table 19: Japan Surgical Robots Market Size and Forecast By Product & Services (2018 to 2029F) (In USD Billion)
Table 20: Japan Surgical Robots Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 21: Japan Surgical Robots Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 22: India Surgical Robots Market Size and Forecast By Surgical Robot Function (2018 to 2029F) (In USD Billion)
Table 23: India Surgical Robots Market Size and Forecast By Product & Services (2018 to 2029F) (In USD Billion)
Table 24: India Surgical Robots Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 25: India Surgical Robots Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 26: Australia Surgical Robots Market Size and Forecast By Surgical Robot Function (2018 to 2029F) (In USD Billion)
Table 27: Australia Surgical Robots Market Size and Forecast By Product & Services (2018 to 2029F) (In USD Billion)
Table 28: Australia Surgical Robots Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 29: Australia Surgical Robots Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Table 30: South Korea Surgical Robots Market Size and Forecast By Surgical Robot Function (2018 to 2029F) (In USD Billion)
Table 31: South Korea Surgical Robots Market Size and Forecast By Product & Services (2018 to 2029F) (In USD Billion)
Table 32: South Korea Surgical Robots Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 33: South Korea Surgical Robots Market Size and Forecast By End User (2018 to 2029F) (In USD Billion)
Figure 1: Global Surgical Robots Market Size (USD Billion) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Surgical Robots Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Surgical Robots Market Share By Region (2023)
Figure 6: Asia-Pacific Surgical Robots Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: Asia-Pacific Surgical Robots Market Share By Country (2023)
Figure 8: China Surgical Robots Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Japan Surgical Robots Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: India Surgical Robots Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Australia Surgical Robots Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: South Korea Surgical Robots Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2023
Figure 14: Porter's Five Forces of Global Surgical Robots Market
Surgical Robots Market Market Research FAQs
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