The website of the Clinical Services Journal

Robotic surgery devices market to reach $10 billion in 2024

As the healthcare landscape continues to evolve with technological advancements, the field of robotic surgery and devices is expected to experience unprecedented growth in 2024.

The expansion will be driven by a surge in demand for minimally invasive procedures and advancements in robotic technologies. 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, according to GlobalData.

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.

Graysen Vigneux, Medical Analyst at GlobalData, commented: "Innovation in robotic surgery is propelling us towards a future where surgeries once deemed too risky or intricate become routine, all thanks to the precision and versatility of these cutting-edge devices. The market's surge in 2024 signals a new chapter in healthcare, where precision, efficiency, and patient-focused approaches are reshaping the landscape."

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.

Vigneux concluded: “The advancements in robotic surgery devices signal a paradigm shift in how we approach surgical interventions. With each innovation, we inch closer to a future where surgery is not just about healing but about enhancing quality of life.”

Upcoming Events

Infection Prevention & Control

National Conference Centre, Birmingham
23rd - 24th April 2024

ESGE Days 2024, Symposium – ‘Elevating Endoscopy: Inspiring Progress and Innovation’

Estrel Congress Center (room 15), Berlin, Germany
25th April 2024, 16:30 – 17:30 CEST

National DERS and SMART pump conference

BCEC, Birmingham
29th April 2024

Theatres & Decontamination Conference 2024

Coventry Building Society Arena
16th May 2024

The AfPP Roadshow - Birmingham

Millennium Point, Birmingham
18th May 2024

BAUN Summer Educational Event – Essential Urology Skills

Crowne Plaza, Newcastle Stephenson Quarter
6th June 2024

Access the latest issue of Clinical Services Journal on your mobile device together with an archive of back issues.

Download the FREE Clinical Services Journal app from your device's App store

Upcoming Events

Infection Prevention & Control

National Conference Centre, Birmingham
23rd - 24th April 2024

ESGE Days 2024, Symposium – ‘Elevating Endoscopy: Inspiring Progress and Innovation’

Estrel Congress Center (room 15), Berlin, Germany
25th April 2024, 16:30 – 17:30 CEST

National DERS and SMART pump conference

BCEC, Birmingham
29th April 2024

Theatres & Decontamination Conference 2024

Coventry Building Society Arena
16th May 2024

The AfPP Roadshow - Birmingham

Millennium Point, Birmingham
18th May 2024

BAUN Summer Educational Event – Essential Urology Skills

Crowne Plaza, Newcastle Stephenson Quarter
6th June 2024

Access the latest issue of Clinical Services Journal on your mobile device together with an archive of back issues.

Download the FREE Clinical Services Journal app from your device's App store

Step Communications Ltd, Step House, North Farm Road, Tunbridge Wells, Kent TN2 3DR
Tel: 01892 779999
www.step-communications.com
© 2024 Step Communications Ltd. Registered in England. Registration Number 3893025