The surgical medical specialty has matured to deliver in-depth and precise clinical outcomes for both doctors and patients and enhance surgical workflow patterns in the healthcare systems. Compared to prior eras, the healthcare sector is now integrating more advanced technology. The use of a surgical robotic system makes the surgery safer for patients by making it more precise and minimally invasive.
The healthcare industry is evolving dramatically to improve or maintain high-quality care while cutting costs. Factors such as a growing global older population and disparities in care standards between developed and developing economies make it difficult to resolve these challenges. Minimally invasive surgery has huge promise in the healthcare sector because it is the most effective treatment option.
The global surgical robotics market is expected to increase rapidly throughout the projected period, owing to rising chronic disease incidence, an aging global population, improved reimbursement policies, and public initiatives and funding to create technologically sophisticated technologies.
On October 11th, CMR Surgical, a global surgical robotics company, announced that it will construct a new large-scale production facility in Cambridgeshire, United Kingdom. The new facility will enable upscaled manufacturing processes to fulfil growing global demand for the Versius Surgical Robotic System, which is now in use in a number of hospitals around Europe, India, Australia, and the Middle East.
During the forecast period of 2021-2031, the worldwide surgical robotics market is expected to rise at a robust CAGR of 10.2%. The surgical robots market generated $5.46 billion in 2020 and is expected to reach $16.77 billion by 2031.
The rising incidence of chronic disorders, changing the adoption pattern for minimally invasive surgical procedures, rising demand for minimally invasive surgical procedures, and technological advancement in medical surgeries are some of the main drivers for robotic-assisted surgeries.
Medical centers are expected to provide high-quality treatment alternatives by performing speedy and precise surgical procedures with minimal patient discomfort as technology improvements lead to the exponential rise in robotic-assisted surgical operations. Reduced infection risk, faster recovery time, shorter hospital length of stay, and minimal incisions or scars are all significant developments in surgical robotics from a patient's perspective.