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 2023-2028
The Global Surgical Robots Market is expected to grow by 2028 at a CAGR of 13.14%.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
13
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
Surgical Robots Market, By Component
Surgical Robots Market, By End User
Surgical Robots Market, By Region
Surgical Robots Market, By Company
The report covers:
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.
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Below are our new reports:
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
Surgical Robots Market, By Component
Surgical Robots Market, By End User
Surgical Robots Market, By Region
Surgical Robots Market, By Company
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