UAE Surgical Robots Market to grow with a CAGR of 6.14% through 2029
Increasing healthcare
infrastructure and a supportive regulatory environment are the major drivers
for the UAE Surgical Robots Market.
According to TechSci Research
report, “UAE Surgical Robots Market - By Region, Competition, Opportunity and Forecast, 2019-2029F”, UAE Surgical Robots Market was valued at USD 16.67 million in 2023 and is anticipated to witness an
impressive growth in the forecast period with a CAGR of 6.14% through 2029. This
can be due to collaborations and partnerships among leading companies with a
diverse approach to merge the expertise of individual companies and to
strengthen their position in the market.
The increasing aging
population is a significant driver behind the growing demand for surgical
robots. The aging population is more susceptible to age-related
health conditions that often require surgical interventions. Surgical robots,
with their precision and minimally invasive capabilities, are increasingly used
in procedures related to conditions such as joint replacements, cardiac
surgeries, and urological issues, which are more prevalent in older individuals. Older
patients may undergo complex surgeries that require a high level of precision
and meticulous techniques. Surgical robots assist surgeons in performing
intricate procedures more efficiently and with reduced trauma, contributing to
better outcomes for elderly patients. Surgical robots enable
minimally invasive procedures, which are particularly beneficial for elderly
patients. Minimally invasive surgeries are associated with shorter recovery
times, reduced postoperative pain, and lower complication rates, making them
preferable for the aging population.
Aging is often accompanied by
chronic health conditions that may necessitate surgical interventions. Surgical
robots can be advantageous in managing complex cases associated with multiple
health issues, offering a comprehensive and tailored approach to treatment. Surgical
robots can contribute to reduced physiological stress during surgery, which is
crucial for older patients who may have compromised health. Minimally invasive
procedures and the precision of robotic-assisted surgeries result in less
trauma to the body, promoting better recovery in the elderly.
Market competition and vendor selection pose significant challenges in the UAE Surgical Robots Market. The market for surgical robots may have a limited number of vendors, restricting the options available to healthcare providers. Limited competition can lead to reduced flexibility in negotiations and potentially higher prices for robotic systems. The entry of new vendors into the surgical robot’s market may be challenging due to the high capital requirements, stringent regulatory processes, and the need for established credibility. This can result in a concentration of market power among a few key players. Vendors may differentiate themselves based on technological advancements and unique features of their robotic systems. Healthcare providers face the challenge of evaluating and understanding these technological differentiators to make informed decisions during the vendor selection process.
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UAE Surgical Robots
Market is segmented based on Component, Mechanism of Control, Application, End
User and by Region
Based on end user, In 2023, the UAE
Surgical Robots Market dominated by Hospitals & Clinics
segment and continue to grow in the forecast period. Hospitals, especially
tertiary and quaternary care centers, often handle complex and specialized
medical procedures. Surgical robots are particularly beneficial for intricate
surgeries, and hospitals are more likely to invest in these systems to enhance
their capabilities in handling a wide range of surgeries. Hospitals provide
comprehensive healthcare services and cover a broad spectrum of medical
specialties. Surgical robots find applications across various surgical
disciplines, and hospitals, being multi-specialty institutions, are more likely
to invest in versatile technologies like robotic surgical systems. Patients
often choose hospitals for their advanced capabilities and the availability of
cutting-edge technologies. The demand for advanced and minimally invasive
surgical procedures, facilitated by surgical robots, can drive hospitals to
invest in this technology to attract patients seeking high-quality care.
Hospitals are often affiliated with research and teaching institutions. These
institutions are at the forefront of adopting innovative medical technologies,
including surgical robots, for research purposes and for training the next
generation of healthcare professionals. Hospitals typically have larger budgets
compared to smaller healthcare facilities, allowing them to invest in expensive
medical equipment like surgical robots. The economic capacity of hospitals
enables them to acquire and maintain these advanced technologies.
Some of the major companies
operating in the UAE Surgical Robots Market include:
- Intuitive Surgical UAE (Gulf Medical Co. Ltd.)
- CMR Surgical (UAE)
- Medrobotics UAE
- Robotic Surgical System
- Stryker (UAE)
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“The
UAE Surgical Robots Market is witnessing significant growth, with a surge in
demand for minimally invasive procedures. This technology offers precise,
efficient surgeries, reducing patient recovery times. The market is propelled
by advancements in robotic systems, enhancing surgical outcomes and expanding
applications in various specialties. Surgeons benefit from improved dexterity
and visualization, while patients appreciate reduced scarring and faster
healing. Notable trends include the integration of artificial intelligence for
real-time decision support, making procedures safer and more accurate. With the
UAE's focus on healthcare innovation and infrastructure development, the
surgical robot’s market is poised for continued expansion, catering to a growing
preference for advanced medical solutions", said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based Global management
consulting firm.
"UAE Surgical Robots
Market By Component (Systems, Instruments & Accessories, Services), By
Mechanism of Control (Computer Control, Direct Telemanipulator), By Application
(Urologic Surgery, Orthopedic Surgery, General Surgery, Gynecology, Others), By
End User (Hospitals & Clinics, Ambulatory Surgical Centers, others), By Region, Competition, Forecast & Opportunities, 2019-2029F", has evaluated the future growth potential of UAE
Surgical Robots Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide innovative
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in UAE Surgical Robots Market.
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