Growing Demand for Laparoscopic Surgeries Likely To Accentuate Growth of Global AI-Based Surgical Robots Market
Surgical robots play a vital role in surgery, particularly in handling surgical devices precisely over small incisions for different surgical procedures. The operational process performed by the surgical robots is referred to as minimally invasive procedures. The present system consists of computer controlled electromechanical devices that operate in response to instructions and controls manipulated by professionals or surgeons.
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Robotic surgery is gaining immense popularity all across the globe due to its enhanced efficiency and growing success rates. Moreover, the minimally invasive nature of AI-based robotic surgery is one of the major factors driving the growth of the global AI-based surgical robots market. The growing adoption of artificial intelligence in the field of robotic surgery to improve surgical procedures is likely to widen the scope of these AI-based surgical robots. The growing demand for laparoscopic surgeries especially in the geriatric population is paramount to its utilization in surgical procedures. Moreover, the surgeries undertaken by the surgical robots prevent pathogenic contamination. Also, the utilization of these robots during intraoperative, postoperative, and pre-operative conditions assist in lowering infections while implementing the patient management at the time of huge patient influx.
The global AI-based surgical robots market can be segmented into application, product, and region.
By application, the market can be segmented into gynecology, urology, neurology, orthopedics, and others.
By product, the market can be segmented into instruments & accessories, services, and others. The other segment includes oncology, ophthalmology, laparoscopy, and general surgeries, which accounts for the largest share in the global AI-based surgical robots market. The growth can be attributed to the growth in oncology and abdominal-based surgical procedures along with the growing prevalence of breast cancer all across the globe.
North America accounts for the largest share in the global AI-based surgical robots market due to the presence of prominent market leaders in the region. The prevailing opportunities for startups in the region to step into the market and generate huge revenue by providing artificial intelligence and robotics services in the healthcare sector will further accentuate the growth of the regional market.
Some of the significant players in the global AI-based surgical robots market are Smith and Nephew, CMR Surgical, Inc., Titan Medical, Inc., Activ Surgical, Inc., Stryker Corporation, TransEnterix, Inc., Stereotaxis, Inc., Zimmer Biomet, Medrobotics Corporation, Medtronic, Plc, Intuitive Surgical, Inc., and Accuray Incorporated. To cite, Artificial Intelligence Technology Solutions, Inc. in November 2020 announced that its subsidiary robotic assistance devices have received bulk orders with 20 medical companies with around 50,000 employees.
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