Urology robotic surgery is a new field that makes use of robots in urology surgeries. These robotic surgeries are designed to improve the workflows, procedure guidance, and peer collaboration during surgical procedures. They aim to maximize efficiency and reduce time & complications of urological surgeries.
Key players profiled in the report are Intuitive Surgical Inc., Blue Belt Technologies Ltd., Think Surgical Inc., Hansen Medical, Inc., MAKO Surgical Corp.,Renishaw plc., Stanmore Implants Worldwide, Ltd., Mazor Robotics Ltd., Titan Medical Inc., SafeStitch Medical Inc.
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Inception of modern robotic operating systems and equipment such as remote surgeries, unmanned surgeries & minimally invasive surgery equipment, and development of low cost robots primarily drive the urology robotic surgery market. There are numerous factors for the market growth such as rising prevalence of kidney & urinary tract diseases, preference for minimally invasive surgery, and the rise of the geriatric population, which is highly susceptible to urological infections.
Furthermore, numerous advantages of urology robotic surgery such as less blood loss, less pain & scarring, low risk of complications & infections, less anaesthesia required, fast recovery time, and minimized manpower have increased the demand for urology robotic surgery.
In addition, increasing investments in healthcare infrastructure by the government and private sector is anticipated to fuel the market growth in developed and developing countries. However, significant levels of government rules & regulations, lack of skilled personnel, and high costs of new systems and equipment are the major barriers for the growth of the market. Ongoing R&D in the field of urology robotic surgery is anticipated to create new opportunities during the forecast period.
The market is segmented on the basis of applications, component, and region. Based on applications, the market is categorised into robotic prostatectomy, robotic cystectomy, robotic pyeloplasty, robotic nephrectomy, and other procedures. Based on component, the urology robotic surgery market is classified into robotic surgery systems, instruments & accessories, and services. By region, it has been analysed across North America, Europe, Asia-Pacific, and LAMEA.
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