Image-guided surgery equipment and robot-assisted surgical equipment are devices that aid in the performance of minimally invasive surgical procedures in order to protect people from the long-term consequences of chronic diseases. These devices play an important role in saving patients' lives in cases of surgical needs for heart issues, trauma, and emergent cases, among other things. Regulatory bodies regulate image-guided surgery equipment and robot-assisted surgical equipment because they are equipped with AI technologies and contain a variety of social and ethical issues. These devices provide technical assistance during surgical procedures and can also be used to perform proper surgery.
The main factors driving the market demand during the forecast period were the rising need for less invasive surgical treatments and technological advancements in image-guided surgery equipment and robot-assisted surgical equipment. The advent of augmented reality, which consists of superimposing the preoperative three-dimensional patient model onto the actual intraoperative image, has made it possible to use these two preoperative processes intraoperatively. Augmented reality gives the surgeon a transparent image of the patient and can also serve as a guide because surgical tools are tracked in real-time during the surgery.
Data Bridge Market Research analyses that the image-guided surgery equipment and robot-assisted surgical equipment market which is USD 14,688.46 million in 2022, is expected to reach USD 31,486.03 million by 2030, at a CAGR of 10.00% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
North America is expected to dominate the market because of the region's high adoption of image-guided surgery equipment and robot-assisted surgical equipment for abdominal surgery procedures, the region's high adoption of robotic surgery for critical procedures is increasing. Asia-Pacific is expected to grow with the highest CAGR during the forecast period due to increasing geriatric population in the region as a result of increasing hospital healthcare expenditure on medical devices.
Some of the major players operating in the image-guided surgery equipment and robot-assisted surgical equipment market are:
Brainlab (Germany)
General Electric (U.S.)
Medrobotics Corporation (U.S.)
Medion (Germany)
Stereotaxis, Inc. (U.S.)
Titan Medical Inc. (Canada)
PS-Medtech (Netherlands)
Renishaw plc. (U.K.)
Intuitive Surgical (U.S.)
Zimmer Biomet (U.S.)
Siemens Healthcare GmbH (Germany)
Medtronic (Ireland)
Hitachi Ltd. (Japan)
Integra LifeSciences (U.S.)
Smith+ Nephew (U.K.)
Koniklijke Philips N.V. (Netherlands)
ICU Medical, Inc (U.S.)
Stryker (U.S.)
Johnson & Johnson Services, Inc. (U.S.)
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