The global remote surgery market size was USD 5.3 Bn in 2022 and is expected to reach USD 21.3 Bn by 2031, expanding at a CAGR of 5.9% during 2023–2031. Technological advancements in remote surgery and convenience in complex surgeries with the help of surgical robots is fueling the market.
Remote surgery or telesurgery provides various advantages as compared to normal surgeries. Remote surgery is a completely advanced and automated system used to perform medical surgeries. Performing remote surgeries has several advantages, as it consumes less time and causes minimum pain. Remote surgeries allow doctors to execute surgeries in places that are hard to reach with small incisions. These surgeries include a special camera to help surgeons during the operation and surgical arms.
The spread of the COVID-19 outbreak increased the demand for remote surgery. According to a report from WHO published on April 12, 2021, 135 Mn cases of COVID-19 had been registered globally and nearly 2.9 Mn succumbed to the outbreak. Additionally, around 5 Mn doses of vaccine were made. The outbreak has had a huge impact on the health industry and disinfecting robotic solutions were introduced to counter the spread of infection.
Remote Surgery Market Dynamics
Major Drivers
Increasing need for remote surgery or telesurgery, owing to less pain caused after the surgeries and quick recovery time. Studies state that the minimum recovery time period for a patient experiencing telesurgery or remote surgery is six weeks, that required for traditional surgeries is 12 weeks. Additionally, remote surgery assures accuracy, performance, and control thereby driving the market. The automated system of remote surgery ensures a huge success ratio. According to NCBI, remote surgery results in amazing success rates, around 94%. This results in more adoption of remote surgeries.
Existing Restraints
Remote surgeries or telesurgery cost more than traditional surgeries. Moreover, lack of skilled professionals is expected to hamper the market. Remote surgeries are only available in specific surgical centers that can afford the necessary pieces of equipment and trained doctors. In rare cases, robotic defects are expected to restrain the market.
Emerging Opportunities
Rising number of ambulatory surgery centers is creating opportunities for the market players. Ambulatory surgery centers (ASCs) are independent medical facilities specializing in diagnostic, preventive, and surgical procedures, they do not require hospitalization. Ambulatory healthcare services are cost-effective, they provide low-cost facilities compared to hospital departments. Research from the healthcare bluebook states that ASCs reduced patient surgery costs by USD 38 Bn yearly as they provided a low-cost alternative as compared to outpatient hospital departments.
Scope of Remote Surgery Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Remote Surgery Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Application (Urology Surgery, Gynaecology, Cardiac Surgery, Neurosurgery, and Others), Component (Accessories and Systems), and End-user (Clinics and Hospitals)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Stryker; Zimmer Biomet.; Medtronic; Intuitive Surgical.; Asensus Surgical US, Inc.; Titan Medical USA Inc.; CMR Surgical Ltd.; MicroSure; Auris Health, Inc.
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Remote Surgery Market Segment Insights
Based on application, the remote surgery market is divided into urology surgery, gynaecology, cardiac surgery, neurosurgery, and others. The neurosurgery segment is expected to expand at a significant growth rate during the projection period. In neurosurgery, robotic arms get combined to get a clear picture of a child’s brain this surgical tool is called ROSA, which stands for robotic operating surgical assistant. It helps in treating patients with epilepsy and other brain-related problems with security and safety.
On the basis of component, the global market is segregated into accessories and systems. The accessories segment is projected to register a considerable CAGR during the forecast period, due to the demand for reusable and disposable accessories at the time of surgery. The equipment used for remote surgery includes mechanical arms, and a 3D camera to see the operating part at the time of surgery. Remote surgery often helps to make minimally invasive surgery possible with fewer surgical complications and others.
On the basis of end-user, the remote surgery market is segmented into clinics and hospitals. Hospitals are expected to register a robust growth rate during the forecast period. Hospitals are having advanced surgical robots to develop the quality of patient outcomes. According to a report from NCBI, 23 of 73 hospitals have operated robot-assisted surgery, which is expected to propel the market growth. Thereby, rising number of remote surgical centers is propelling market growth.
In terms of region, the global remote surgery market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period. The healthcare facilities in the US are rapidly transforming with next-generation solutions. Surgeries in the region now have the support of the growing adoption of automated surgery tools.
Segments
The remote surgery market has been segmented on the basis of
Application
- Urology Surgery
- Gynaecology
- Cardiac Surgery
- Neurosurgery
- Others
Component
End-user
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Stryker
- Zimmer Biomet.
- Medtronic
- Intuitive Surgical.
- Asensus Surgical US, Inc.
- Titan Medical USA Inc.
- CMR Surgical Ltd.
- MicroSure
- Auris Health, Inc.
Competitive Landscape
Key players competing in the global remote surgery market are Stryker; Zimmer Biomet.; Medtronic; Intuitive Surgical.; Asensus Surgical US, Inc.; Titan Medical USA Inc.; CMR Surgical Ltd.; MicroSure; Auris Health, Inc.
These key players adopted development strategies including acquisitions, mergers, product launches, partnerships, collaboration, and production expansion to expand their consumer base worldwide. For instance,
- In May 2022, Sterigenics increased its e-beam facility situated in Columbia City, Indiana. This facility brings mission-critical E-beam sterilization services to help assure the security and safety of drug products and medical devices.
- In March 2022, Indegene a supplier of technology-driven healthcare solutions and metaMe Health, a producer of prescription Digital Therapeutics (PDT) business, and Regulora, combined together to present Regulora as a medicine for irritable bowel syndrome (IBS) related stomach pain.