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In-Depth Analysis Of The Global Robotic Cardiology Surgery Market: Key Drivers, Trends, Growth And Forecast 2025-2034

The Business Research Company

The Business Research Company

The Business Research Company's Robotic Cardiology Surgery Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034

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LONDON, GREATER LONDON, UNITED KINGDOM, February 17, 2025 /EINPresswire.com/ -- The robotic cardiology surgery market size is projected to increase from $0.72 billion in 2024 to $0.84 billion in 2025, representing a compound annual growth rate CAGR of 16.7%. This growth can be attributed to several factors including the rising adoption of robotic surgery in cardiology, an increasing preference for minimally invasive surgical procedures, and the rising incidence of cardiovascular diseases. Furthermore, other contributing factors include the growth of healthcare expenditures, along with an aging global population.

How Will The Robotic Cardiology Surgery Market Evolve In The Foreseen Years?

The robotic cardiology surgery market is set for rapid expansion in the next few years. It is projected to increase to $1.54 billion in 2029 at a compound annual growth rate CAGR of 16.5%. This growth in the forecast period can be attributed to factors such as increasing investments in advanced medical technologies, the rising prevalence of telemedicine and remote surgery, and a surge in the number of surgical procedures. Furthermore, an increasing prevalence of chronic diseases, favorable regulatory climates, and the availability of reimbursement policies are set to contribute to the growth of this sector. Major trends for the forecast period encompass the integration of artificial intelligence AI and machine learning algorithms, innovations in robotic technology, the miniaturization of robotic components, product innovations, and the integration of 3D visualization. Features like motion scaling and tremor filtering are also likely to gain prominence.

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What Are The Major Factors Driving The Growth Of The Robotic Cardiology Surgery Market?

The increasing prevalence of cardiovascular diseases CVD is expected to drive the expansion of the robotic cardiology surgery market. A host of factors including lifestyle choices, medical conditions, genetic predisposition, and environmental factors contribute to the ongoing rise in cardiovascular diseases. Robotic cardiology surgery plays a pivotal role in advancing the treatment of these diseases by providing safer, more precise, and less invasive surgical options – leading to improved patient outcomes and better quality of care. Consider the data from the Australian Institute of Health and Welfare, an Australia-based government agency - there were 14,100 doctor-certified deaths from CHD in 2021 as compared to 14,900 in 2022. Hence, the surge in cardiovascular diseases is adding momentum to the growth of the robotic cardiology surgery industry.

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What Entities Dominate The Current Robotic Cardiology Surgery Market Scene?

Major companies operating in the robotic cardiology surgery market include Abbott Laboratories, Medtronic PLC, Siemens Healthineers AG, Boston Scientific Corporation, Edwards Lifesciences Corporation, Smith & Nephew PLC, KARL STORZ SE & Co. KG, Renishaw PLC, Think Surgical Inc., Terumo Corporation, CMR Surgical limited, Corindus Vascular Robotics Inc., XACT Robotics Ltd., Titan Medical Inc., Asensus Surgical Inc., Intuitive Surgical Inc., Aurora Surgical Robotics Inc., Precision Robotics Ltd., SS Innovations International Inc., and Hansen Medical Inc.

Are Innovations Proliferating In The Robotic Cardiology Surgery Market?

Major companies in the market are focusing on developing innovative surgical solutions such as assistive robotic devices ARD to enhance precision in cardiac interventions, reduce invasiveness, and improve patient outcomes. These assistive devices support individuals with disabilities or limited mobility and enhance their independence, thereby improving their quality of life. In March 2024, for example, CardioPrecision Ltd., a UK-based company that offers robotic surgeries, launched proof-of-concept robotic procedures aimed at implanting an aortic valve replacement through a minimally invasive approach.

How Is The Robotic Cardiology Surgery Market Segmentized?

The Robotic Cardiology Surgery market segments:

1 By Product And Service: Robotic Systems, Instruments and Accessories, Maintenance Services, System Services.
2 By Equipment Type: Robot Machines, Navigation Systems, Planners And Simulators, Other Equipment Types.
3 By End User: Hospitals, Research Centers.

Subsegments include:

1 Robotic Systems: Robotic Surgical Platforms, Minimally Invasive Robotic Systems, Integrated Robotic Systems.
2 Instruments And Accessories: Surgical Instruments, Endoscopic Cameras And Imaging Systems, Accessory Kits For Robotic Systems.
3 Maintenance Services: Preventive Maintenance Services, Repair And Replacement Services, Calibration Services.
4 System Services: Installation and Setup Services, Training And Support Services, Upgrades And Software Maintenance.

What Are The Regional Trends In The Robotic Cardiology Surgery Market?

North America held the top position as the largest region in the robotic cardiology surgery market in 2024. However, the market report covers several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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Oliver Guirdham
The Business Research Company
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