The microsurgery market is likely to gain substantial momentum over the coming years owing to increasing geriatric population, rising product adoption in ambulatory surgical centers, and escalating cases of cancer, diabetes and other chronic disorders. Robot microsurgery or robot-assisted surgery lets medical professionals perform many kinds of complex procedures with more flexibility, control, and precision than is possible with traditional techniques.

This type of surgery is linked with minimally invasive surgery, procedures which are usually performed using tiny incisions. Robotic-assisted microsurgery can be used for either extracorporeal or intracorporal surgical procedures. One of the critical advantages of robots in microsurgery is the facility of tremor filtration and motion scaling. Assistance of robots could help in overcoming various human limitations, thus enabling a major development in super microsurgery.

Robotic surgery is also used in specific conventional open surgical procedures. In fact, by using the robotic surgery, doctors or surgeons could perform complex and delicate procedures that might be difficult or in a way is impossible with other methods. Medical robots generally offer new opportunities and standards for treatment. The key goal of implementing surgical robots is to increase the standardization and the effectiveness of surgical procedures, also decreasing their invasiveness.

The microsurgery robot market is bifurcated into different segments in terms of application, end-use, and regional landscape.

With respect to application, the microsurgery robot market is segmented into ureterorenoscopy, micro anastomosis, reconstructive surgery, ENT surgery, oncology surgery, urology surgery, obstetrics and gynecology surgery, gastrointestinal surgery, neurovascular surgery, cardiovascular surgery, ophthalmology surgery, and others. Among these, cardiovascular surgery segment will witness around 12.5% CAGR over the forecast time period. This anticipated growth is ascribed to the increasing geriatric population that are susceptible to cardiovascular disorders.

With the use of robot-controlled tools as well as tiny instruments, surgeons can perform heart surgery in a way that is less invasive in comparison to open-heart surgery.

In terms of end-use, the overall microsurgery robot market is classified into research institutes, ambulatory surgical centers, hospitals and clinics, and others. Among these, ambulatory surgical centers segment held more than $268 million market value in 2019 and is forecasted to continue similar growth over the coming years. Increasing adoption of microsurgery robot in ambulatory surgical centers will foster the market growth.

From a regional frame of reference, Latin America will witness tremendous growth over the coming years. In 2019, the region accounted for more than 3% market share. This anticipated growth is attributed to increasing cases of cancer, diabetes and other chronic disorders in several countries of Latin America.