Urology Robotic Surgery Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to urology robotic surgery market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Urology Robotic Surgery Market News

  • In July 2023, Intuitive Surgical, Inc. introduced advancements to its da Vinci Surgical System specifically tailored for urological procedures. The updates include enhanced imaging capabilities and ergonomic improvements, allowing surgeons to perform complex urologic surgeries with greater precision and efficiency.
  • In January 2022, TransEnterix Surgical, Inc. announced regulatory approval for its next-generation robotic system designed for urological surgeries. The system features innovative instruments and intuitive controls, empowering surgeons to perform minimally invasive procedures with improved outcomes and patient recovery times.

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Global Urology Robotic Surgery Market size was valued at USD 5.9 billion in 2023 and is poised to grow from USD 7.06 billion in 2024 to USD 29.76 billion by 2032, growing at a CAGR of 19.7% during the forecast period (2025-2032).

Urology robotic surgery providers should focus on increasing awareness regarding the benefits of this surgery to promote acceptance among patients around the world. Urology robotic surgery companies can also work closely with robotic technology providers to develop more precise and effective robotic surgery systems designed for urology applications. Collaborations, mergers, and partnerships are estimated to help urology robotic surgery market players expand their market share and presence on a global level. 'Intuitive Surgical (United States) ', 'PROCEPT BioRobotics (United States) ', 'Stryker Corporation (United States) ', 'Medtronic plc (Ireland) ', 'Johnson & Johnson (United States) ', 'CMR Surgical (United Kingdom) ', 'Zimmer Biomet Holdings, Inc. (United States) ', 'Smith & Nephew (United Kingdom) ', 'Accuray Incorporated (United States) ', 'Brainlab (Germany) ', 'EndoQuest Robotics (United States) ', 'Medicaroid (Japan) ', 'Globus Medical (United States) ', 'Abbott Laboratories (United States) ', 'Renishaw plc (United Kingdom) ', 'Vicarious Surgical (United States) ', 'Momentus Surgical (United States) ', 'Hansen Medical (United States) ', 'Titan Medical Inc. (Canada) ', 'TransEnterix Surgical (United States)'

Robotic technology has come a long way in recent years and these advancements are surely projected to boost urology robotic surgery demand outlook in the future. The efficacy of robots in performing surgeries has been proven and these advancements in robotics will only boost market growth going forward.

AI Integration: Urology robotic surgery companies can focus on integrating artificial intelligence technology with their robotic systems to improve its functionality. AI can utilize urology surgery data to train robotic systems without needing human supervision and reducing the time required for training robotic systems.

North America is predicted to dominate the global urology robotic surgery demand outlook across the forecast period. Increasing acceptance of novel surgery technologies and high incidence of urology disorders are contributing to the high market share of this region. A developed healthcare ecosystem and high healthcare spending potential are also contributing to the region's dominance. Canada and the United States are estimated to be the key markets for urology robotic surgery companies in this region going forward.

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Global Urology Robotic Surgery Market
Urology Robotic Surgery Market

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