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THAILAND SURGICAL ROBOTICS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

Thailand Surgical Robotics Market by Product & Service (Robotic Systems, Instruments & Accessories, Services) Market by Application (Gynecological Surgery, Urological Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, Other Applications) Market by End-user (Hospitals, Ambulatory Surgery Centers, Other End-users)


MARKET OVERVIEW

The Thailand surgical robotics market growth is anticipated to progress at a CAGR of 9.91% during the forecast period, 2024-2032, and is set to project a revenue of $186.08 million by 2032.

The rise of premier robotic-assisted surgery centers in Thailand is significantly boosting the nation’s appeal as a leading destination for global medical tourism. In 2022, there was a notable increase in international visitors opting for knee replacement surgeries in Thailand, showcasing how medical tourism is driving the growth of the country’s surgical robotics market. The expansion of top-tier facilities equipped with cutting-edge robotic technology is drawing patients from overseas who seek not only high-quality healthcare but also the innovative advantages provided by these advanced medical systems. 

As Thailand sustains its reputation for outstanding medical expertise and state-of-the-art robotic surgical procedures, it further establishes itself as a top choice for individuals in search of advanced and dependable healthcare solutions, particularly in orthopedic procedures such as knee replacements.

Thailand Surgical Robotics Market

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The Thailand surgical robotics market segmentation includes end-user, application, and product & service. The application segment includes neurosurgery, orthopedic surgery, general surgery, urological surgery, gynecological surgery, and other applications

General surgery is focused on the treatment of abdominal organs such as the esophagus, stomach, intestines, liver, pancreas, and more. Additionally, it addresses issues related to skin, breast, soft tissue, trauma, peripheral artery disease, and hernias and performs endoscopic procedures like gastroscopy and colonoscopy.

In recent years, general surgery, along with its various subspecialties, has made significant strides in integrating robotic technology for minimally invasive procedures. This technological advancement has expanded the scope of operations possible on abdominal organs and solid tissues such as the gallbladder, esophagus, stomach, intestines, colon, rectum, and endocrine organs, all achieved through smaller incisions. The synergy between robotics and general surgery is driving a transformative shift in the field, unlocking unprecedented opportunities for growth and innovation.

Some of the key firms operating in the Thailand surgical robotics market include Zimmer Biomet Holdings Inc, Medtronic PLC, Think Surgical Inc, etc.

Zimmer Biomet Holdings Inc, a leading player in the medical device industry, specializes in musculoskeletal healthcare. Their extensive portfolio encompasses orthopedic reconstructive products, biologics, sports medicine solutions, extremities, trauma products, advanced digital and robotic technologies, as well as craniomaxillofacial and thoracic products. Additionally, they provide office-based technologies and associated surgical products.

Their wide array of offerings aids in the treatment of patients with bone, joint, and soft tissue disorders or injuries. Zimmer Biomet caters to orthopedic surgeons, neurosurgeons, and various other specialists, as well as stocking distributors, hospitals, healthcare dealers, and purchasing organizations. Their products reach customers through direct sales channels and a network of distributors spanning the Americas, Europe, Asia-Pacific, the Middle East, and Africa.

Headquartered in Warsaw, Indiana, USA, Zimmer Biomet operates at the forefront of musculoskeletal healthcare innovation.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast Units

Revenue ($ Million)

Segments Analyzed
End-User, Application, and Product & Service
Countries AnalyzedThailand
Companies AnalyzedZimmer Biomet Holdings Inc, Smith & Nephew, Stryker Corporation, Accuray Incorporated, Medtronic PLC, Synaptive Medical Inc, Think Surgical Inc
TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY ANALYSIS
    3. COUNTRY SNAPSHOT
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
      1. IMPACT OF COVID-19 ON SURGICAL ROBOTICS MARKET
    6. MAJOR MARKET FINDINGS
      1. SIGNIFICANT TRANSFORMATION DUE TO AUTOMATED MICROSURGERY
      2. TECHNOLOGICAL ADVANCEMENTS IN MINIMALLY INVASIVE SURGERIES
      3. ROBOTIC TELESURGERY IS BECOMING FEASIBLE
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. SURGING ELDERLY POPULATION
      2. INTEGRATION OF AI-ML IN ROBOTIC SURGERY SYSTEMS
      3. DEPLOYMENT OF ROBOTICS IN HEALTHCARE
    2. KEY RESTRAINTS
      1. POTENTIAL HAZARDS ASSOCIATED WITH ROBOTIC SURGERY
      2. HIGH INSTALLATION COSTS OF ROBOTIC SURGERY SYSTEMS
      3. LACK OF TRAINED PROFESSIONALS
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. APPLICATIONS OF ARTIFICIAL INTELLIGENCE (AI)
      2. BIG DATA USE AUGMENTS THE DECISION-MAKING CAPABILITIES
      3. MINIATURE ROBOTS ENHANCE ACCURACY AND REDUCE INVASIVENESS
    2. PESTLE ANALYSIS
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
  5. MARKET BY PRODUCT & SERVICE
    1. ROBOTIC SYSTEMS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. INSTRUMENTS & ACCESSORIES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. SERVICES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY APPLICATION
    1. GYNECOLOGICAL SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. UROLOGICAL SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. NEUROSURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. ORTHOPEDIC SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. GENERAL SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. OTHER APPLICATIONS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY END-USER
    1. HOSPITALS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. AMBULATORY SURGERY CENTERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. OTHER END-USERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS
    2. COMPANY PROFILES
      1. ZIMMER BIOMET HOLDINGS INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      2. SMITH & NEPHEW
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      3. STRYKER CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      4. ACCURAY INCORPORATED
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      5. MEDTRONIC PLC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      6. SYNAPTIVE MEDICAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      7. THINK SURGICAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – SURGICAL ROBOTICS

TABLE 2: THAILAND SURGICAL ROBOTICS MARKET, BY PRODUCT & SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: THAILAND SURGICAL ROBOTICS MARKET, BY PRODUCT & SERVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: THAILAND SURGICAL ROBOTICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: THAILAND SURGICAL ROBOTICS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: THAILAND SURGICAL ROBOTICS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: THAILAND SURGICAL ROBOTICS MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: LIST OF MERGERS & ACQUISITIONS

TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 11: LIST OF BUSINESS EXPANSIONS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET CONCENTRATION ANALYSIS

FIGURE 4: THAILAND SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY PRODUCT & SERVICE, IN 2023

FIGURE 5: THAILAND SURGICAL ROBOTICS MARKET, BY ROBOTIC SYSTEMS, 2024-2032 (IN $ MILLION)

FIGURE 6: THAILAND SURGICAL ROBOTICS MARKET, BY INSTRUMENTS & ACCESSORIES, 2024-2032 (IN $ MILLION)

FIGURE 7: THAILAND SURGICAL ROBOTICS MARKET, BY SERVICES, 2024-2032 (IN $ MILLION)

FIGURE 8: THAILAND SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023

FIGURE 9: THAILAND SURGICAL ROBOTICS MARKET, BY GYNECOLOGICAL SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 10: THAILAND SURGICAL ROBOTICS MARKET, BY UROLOGICAL SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 11: THAILAND SURGICAL ROBOTICS MARKET, BY NEUROSURGERY, 2024-2032 (IN $ MILLION)

FIGURE 12: THAILAND SURGICAL ROBOTICS MARKET, BY ORTHOPEDIC SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 13: THAILAND SURGICAL ROBOTICS MARKET, BY GENERAL SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 14: THAILAND SURGICAL ROBOTICS MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)

FIGURE 15: THAILAND SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023

FIGURE 16: THAILAND SURGICAL ROBOTICS MARKET, BY HOSPITALS, 2024-2032 (IN $ MILLION)

FIGURE 17: THAILAND SURGICAL ROBOTICS MARKET, BY AMBULATORY SURGERY CENTERS, 2024-2032 (IN $ MILLION)

FIGURE 18: THAILAND SURGICAL ROBOTICS MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)

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