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Medical

The compound annual growth rate of the surgical robot market is expected to reach 27.17% by 2028

Asia Business News
Last updated: March 21, 2025 9:57 am
By Asia Business News
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These systems are increasingly used in ambulatory and ambulatory surgery centers.

According to Technavio forecasts, the global surgical robot market is expected to grow by $14.02b by 2028, with a compound annual growth rate of 27.17%.

Expansion of the industry is particularly evident in urology due to high demand for robotic assistance in surgeries such as prostatectomy and nephrectomy.

Robotic systems are also increasingly used in ambulatory and ambulatory surgery centers, reducing reliance on inpatient facilities.

“Surgical robotic systems are being used in a wide variety of surgeries, from heart surgery and cataract surgery to neurosurgery and cancer treatment procedures,” the report states.

At the same time, demand is rising in developing countries like India, which lack specialized surgeons. Surgical robots provide a platform for training and skill development.

“These systems include simulation capabilities that enable surgeons to practice complex surgeries in a controlled environment,” it added.

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Asia Business News (ISSN: 3079-8531) is a leading international business publication dedicated to delivering in-depth analysis, expert insights, and comprehensive coverage of economic trends, corporate developments, and market dynamics across the Asia-Pacific region and beyond. With a commitment to journalistic integrity and analytical rigor, Asia Business News serves as a trusted source of information for business leaders, policymakers, and investors seeking authoritative perspectives on global commerce, finance, and industry advancements.

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