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  • Published In : Apr 2024
  • Code : CMI496
  • Pages :172
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Regional Analysis

Surgical Robots Market Regional Insights

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North America remains the dominant region in the global surgical robots market and is estimated to hold 39.1% of the market share in 2024 due to a strong presence of key industry players and early adoption of robotic technologies among healthcare facilities. The U.S. Food and Drug Administration (FDA) has approved the use of robotic surgical systems for a wide range of procedures, which has propelled their uptake across hospitals. Furthermore, increased healthcare spending along with supportive regulatory environment have boosted installations of surgical robots over the years in the region.

The Asia Pacific region, on the other hand, is poised to be the fastest growing surgical robotics market owing to increasing healthcare investments and rapidly developing healthcare infrastructure. Countries like China, India, Japan, and South Korea are at the forefront and are witnessing growth that is well above global averages. With growing income levels, patients in the region are opting for advanced treatments including robotic surgeries. Local manufacturers are also developing low-cost robotic systems and collaborating with multinational companies to gain foothold. Governments are offering subsidies and promoting adoption of medical robotics to enhance quality of care. This has encouraged both private and public healthcare providers to procure surgical robots. The regional market is also gaining from rising medical tourism alongside expanding applications of robotic systems beyond urology into areas such as gynecology and general surgery.

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