PUBLISHER: Inkwood Research | PRODUCT CODE: 1467532
PUBLISHER: Inkwood Research | PRODUCT CODE: 1467532
The Asia-Pacific surgical robotics market is set to record a CAGR of 10.37% during the forecast period, 2024-2032. Patients and healthcare providers alike are drawn to robotic surgeries due to the promising prospects of enhanced patient outcomes, shorter hospital stays, and expedited recovery times.
South Korea, Vietnam, China, Australia & New Zealand, India, Indonesia, Thailand, Japan, and Rest of Asia-Pacific are evaluated for the Asia-Pacific surgical robotics market growth analysis. The Korean government's unveiling of the post-pandemic Korean New Deal signals a strategic commitment to inject over $130 billion into economic development initiatives by 2025. At the core of this initiative lies the Digital New Deal, a comprehensive plan that prioritizes advancing digital-driven healthcare, with a particular focus on integrating robotics into surgical practices. Under the government's 3rd Basic Plan from 2019 to 2023, a significant allocation exceeding $100 million was dedicated to producing 1,500 advanced robots, with a primary emphasis on healthcare applications across various industries.
This substantial investment framework is driving forward the landscape of surgical robotics in South Korea. The infusion of significant financial resources through the Korean New Deal underscores the nation's dedication to fostering technological innovation, particularly within the healthcare sector.
Vietnam's healthcare sector is advancing by incorporating artificial intelligence (AI) and robotics to enhance patient care quality. With a keen eye on AI's potential, the industry is actively exploring its varied uses in research and clinical environments. The intersection of AI and robotics in Vietnam's healthcare system is set to transform the surgical robotics sector, offering opportunities to improve patient care, streamline decision-making, and support healthcare professionals in their work.
Some of the main players in the market include Globus Medical Inc, Intuitive Surgical Inc, Medtronic PLC, etc.