Spain Telesurgery Market Insights Forecasts to 2033

• The Spain Telesurgery Market Size was valued at USD 41.5 Million in 2023
• The Market is Growing at a CAGR of 14.25% from 2023 to 2033
• The Spain Telesurgery Market Size is Expected to Reach USD 157.3 Million by 2033

The Spain Telesurgery Market Size is Anticipated to Reach USD 157.3 Million by 2033, Growing at a CAGR of 14.25% from 2023 to 2033.

Market Overview

Telesurgery is a surgical procedure that allows a surgeon to operate on a patient remotely using robotic technology and high-speed data connections. Spain has been a leader in robotic surgery, with several hospitals and medical centers performing a variety of robotic surgeries. In 2023, Spanish surgeons performed the world's first robotic lung transplant using the Da Vinci robot. This technique eliminated the need to break the patient's ribs. Spanish doctors also performed the first robotic heart surgery on teenagers. The Clínic Hospital in Barcelona was the first Spanish hospital to perform 200 robotic kidney transplants. Additionally, the Clínic Hospital in Barcelona was a pioneer in robotic knee replacement surgery, having performed 530 robotic knee replacement surgeries (both total and unicompartmental prostheses) in three and a half years. Notably, the Clínic Hospital in Barcelona is the only hospital in Spain with a robot-assisted aortic valve surgery program. Additionally, the Spain telesurgery market demonstrates a high level of innovation, propelled by advancements in robotics, telecommunication technologies, and artificial intelligence. These technologies empower surgeons to perform intricate procedures with precision and control, even from distant locations.

Report Coverage

This research report categorizes the market for the Spain telesurgery based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Spain telesurgery market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Spain telesurgery market.

Driving Factors

The Spain telesurgery market is expected to grow significantly due to several factors. These include Spain's well-established healthcare system and the government's active support for digital health programs. There is also substantial investment in research and development for digital health technologies. The government is promoting patient-centered care, and there is increasing demand for remote patient monitoring. Additionally, there is a rising demand to reduce healthcare costs, and the aging population is a key factor driving the growth of the Spain telesurgery market.

Restraining Factors

The Spain telesurgery market is constrained by several factors including, the cost of setting up telesurgery services can be high, especially for smaller healthcare providers. This includes the cost of equipment, installation, and training for healthcare professionals. Telesurgery requires high-speed internet, secure data storage, and telecommunication networks. 

 Market Segmentation

The Spain telesurgery market share is classified into components and applications.

• The system segment is expected to hold the largest market share through the forecast period.

The Spain telesurgery market is segmented by components into systems, instrument & accessories, and services. Among these, the system segment is expected to hold the largest market share through the forecast period. The rise in the use of advanced surgical technologies has greatly improved the precision and efficiency of surgical procedures. Telesurgery systems, which combine high-definition imaging and robotic assistance, are now essential in hospitals and for remote surgical procedures. These systems make complex surgeries less invasive and are in high demand due to the increasing need for remote healthcare solutions.

• The general surgery segment is expected to dominate the Spain telesurgery market during the forecast period.       

Based on the application, the Spain telesurgery market is divided into general surgery, urological surgery, gynecological surgery, cardiovascular surgery, and others. Among these, the general surgery segment is expected to dominate the Spain telesurgery market during the forecast period. The growing number of general surgeries in Spain is fueling market expansion. Additionally, advancements in telecommunications and networking technologies are contributing to this growth. Moreover, the increasing demand for minimally invasive treatments and remote medical services is also driving market expansion.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Spain telesurgery market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mediktor
• IOMED
• MediQuo
• Inbrain Neuroelectronics S.L.
• Koa Health
• Neuroelectrics
• Ona Therapeutics
• Devicare
• Psious
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In April 2024, for the first time in Spain, robotics has been used in heart surgery on children and teenagers. Doctors from two different hospitals in Barcelona operated using this state-of-the-art technique on two adolescents who suffered from congenital heart disease. Up until now, this type of procedure on young patients involved open-heart surgery, which means the surgeon has to make an incision in the subject's chest.

Market Segment

This study forecasts revenue at Spain, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Spain Telesurgery Market based on the below-mentioned segments

Spain Telesurgery Market, By Component

• System
• Instrument & Accessories
• Services

Spain Telesurgery Market, By Application

• General Surgery
• Urological Surgery
• Gynecological Surgery
• Cardiovascular Surgery
• Others