Surgical Robots Market Size, Share, Analysis Report

Surgical Robots Market Size by Application (Urological Surgery, Neurosurgery, General Surgery, Gynecological Surgery, Orthopedic Surgery, Other Applications), By Component (Robotic Systems, Services, Instruments & Accessories), By End User (Ambulatory Surgical Centers, Hospitals), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global Surgical Robots Market is expected to grow by 2028 at a CAGR of 13.14%.

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MARKET SNAPSHOT

Major Players

  • Renishaw
  • Hansen Medical
  • Medrobotics
  • Transenterix
  • Think Surgical
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    13

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global Surgical Robots Market is expected to grow by 2028 at a CAGR of 13.14%. 

    Robotic surgery raises to a surgery where surgeons use a computer to regulate small instruments involved to a robot. Hence, it is also referred to as computer directed minimally invasive surgery. The surgical robotic system contains surgeons console, surgical arms and monitoring system and software. Rising demand for minimally invasive surgeries has started the adoption of surgical robots. Equipment manufacturers are tapping into opportunities in robotic arms, systems, and devices to maximize the trend. Technological advancements in surgical robots have positively predisposed the market growth during forecast timeframe. Companies like Intuitive Surgical and Stryker have introduced surgical robots that provide distinguishable performance during the surgeries by reducing complications. Recently developed robots agrees doctors and surgeons to perform complex procedures with high flexibility and precision. Surgical robotic arms provide commendable control over operations that reinforces its adoption amongst doctors. Among the available surgical robots, Leonardo is most favored during minimally invasive surgeries. Thus, availability of such technologically advanced surgical robots shows beneficial for the industry growth. Rising demand for minimally invasive surgeries will cause the event of technologically advanced surgical robots, fostering business growth within the foreseeable future. as an example, Intuitive Surgical has advanced Leonardo single-site technology that gives multiport, single-incision surgical procedures, enhancing its acceptability among physicians and patients. High accuracy level and increased reliability offered by surgical robots due to technological advancements will positively impact industry growth.

    The global Surgical Robots market is segregated on the basis of Application as Urological Surgery, Neurosurgery, General Surgery, Gynecological Surgery, Orthopedic Surgery, and Other Applications. Based on Component the global Surgical Robots market is segmented in Robotic Systems, Services, and Instruments & Accessories. Based on End User the global Surgical Robots market is segmented in Ambulatory Surgical Centers and Hospitals.

    The global Surgical Robots market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Surgical Robots market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Renishaw, Hansen Medical, Medrobotics, Transenterix, Think Surgical, Intuitive Surgical, Stryker, Mazor Robotics, Smith & Nephew, Medtech, and others are among the major players in the global Surgical Robots market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Surgical Robots Market has been segmented as below:

    Surgical Robots Market, By Application

    • Urological Surgery
    • Neurosurgery
    • General Surgery
    • Gynecological Surgery
    • Orthopedic Surgery
    • Other Applications

    Surgical Robots Market, By Component

    • Robotic Systems
    • Services
    • Instruments & Accessories

    Surgical Robots Market, By End User

    • Ambulatory Surgical Centers
    • Hospitals

    Surgical Robots Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Surgical Robots Market, By Company

    • Renishaw
    • Hansen Medical
    • Medrobotics
    • Transenterix
    • Think Surgical
    • Intuitive Surgical
    • Stryker
    • Mazor Robotics
    • Smith & Nephew
    • Medtech

    The report covers:

    • Global Surgical Robots market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Surgical Robots market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Surgical Robots market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Surgical Robots market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Surgical Robots market share. Major industry players with significant revenue share include Renishaw, Hansen Medical, Medrobotics, Transenterix, Think Surgical, Intuitive Surgical, Stryker, Mazor Robotics, Smith & Nephew, Medtech, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Surgical Robots industry trends
    • Find complete analysis on the market status
    • Identify the Surgical Robots market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Surgical Robots Market, By Application
        5.1 Introduction
        5.2 Urological Surgery
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Neurosurgery
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 General Surgery
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Gynecological Surgery
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
        5.6 Orthopedic Surgery
            5.6.1 Market Overview
            5.6.2 Market Size and Forecast
        5.7 Other Applications
            5.7.1 Market Overview
            5.7.2 Market Size and Forecast
    6. Surgical Robots Market, By Component
        6.1 Introduction
        6.2 Robotic Systems
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Services
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Instruments & Accessories
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
    7. Surgical Robots Market, By End User
        7.1 Introduction
        7.2 Ambulatory Surgical Centers
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Hospitals
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
    8. Surgical Robots Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Surgical Robots, By Application
            8.2.2 North America Surgical Robots, By Component
            8.2.3 North America Surgical Robots, By End User
        8.3 Europe
            8.3.1 Europe Surgical Robots, By Application
            8.3.2 Europe Surgical Robots, By Component
            8.3.3 Europe Surgical Robots, By End User
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Surgical Robots, By Application
            8.4.2 Asia-Pacific Surgical Robots, By Component
            8.4.3 Asia-Pacific Surgical Robots, By End User
        8.5 Rest of the World
            8.5.1 Rest of the World Surgical Robots, By Application
            8.5.2 Rest of the World Surgical Robots, By Component
            8.5.3 Rest of the World Surgical Robots, By End User
    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            9.3.5 Others
    10. Company Profiles
        10.1 Renishaw
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Hansen Medical
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Medrobotics
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 Transenterix
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Think Surgical
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 Intuitive Surgical
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 Stryker
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 Mazor Robotics
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 Smith & Nephew
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 Medtech
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments

    The Surgical Robots Market has been segmented as below:

     

    Surgical Robots Market, By Application

    • Urological Surgery
    • Neurosurgery
    • General Surgery
    • Gynecological Surgery
    • Orthopedic Surgery
    • Other Applications

     

    Surgical Robots Market, By Component

    • Robotic Systems
    • Services
    • Instruments & Accessories

     

    Surgical Robots Market, By End User

    • Ambulatory Surgical Centers
    • Hospitals

     

    Surgical Robots Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

     

    Surgical Robots Market, By Company

    • Renishaw
    • Hansen Medical
    • Medrobotics
    • Transenterix
    • Think Surgical
    • Intuitive Surgical
    • Stryker
    • Mazor Robotics
    • Smith & Nephew
    • Medtech

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 13.14% during the study period (2023-2028)
    The segment included in Surgical Robots Market is Application, Component, End User, Company and region.
    Some key players operating in the Surgical Robots Market include Renishaw, Hansen Medical, Medrobotics, Transenterix, Think Surgical, Intuitive Surgical, Stryker, Mazor Robotics, Smith & Nephew, Medtech
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