Robotic Surgical Systems Market by Product and Services (Robotic Systems, Instruments and Accessories, Services), Application, End User, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

Robotic Surgical Systems Market by Product and Services (Robotic Systems, Instruments and Accessories, Services), Application, End User, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

Robotic Surgical Systems Market Size

The global robotic surgical systems market size was valued at $3.83 billion in 2024 and is projected to reach $9.33 billion by 2030, growing at a CAGR of 16.0% during the forecast period.

Robotic Surgical Systems Market Overview

Robotic surgical systems, also known as surgical robots, represent a significant advancement in medical technology, allowing for minimally invasive procedures with enhanced precision and control. These systems typically consist of robotic arms equipped with surgical instruments and a high-definition 3D camera, which provide surgeons with a magnified view of the surgical field. The surgeon controls the robot from a console, translating their hand movements into precise actions within the patient's body.

Companies in the healthcare sector can benefit significantly from implementing robotic surgery in their facilities. Some key advantages include: improved patient outcomes, enhanced operational efficiency, and new opportunities for marketing and training. As robotic technology continues to advance, more healthcare facilities are likely to adopt these systems to stay competitive and provide the best possible care for their patients.

Robotic Surgical Systems Market Dynamics

The surgical robots market is expected to witness significant growth in the future due to rising demand for minimally invasive surgery, increasing prevalence of chronic diseases and technological advancements. However, the high costs and affordability, training and skill shortages are restraining the growth of the market.

Furthermore, the incorporation of AI, the rise of telerobotics, and the growing use of microsurgery are all key technological trends propelling the surgical robots market forward. Overcoming the challenges of high costs, limited access to genetic testing, and the complexity of interpreting genomic data will be crucial for the widespread adoption of precision oncology.

Rising Demand for Minimally Invasive Surgery is Driving the Surgical Robots Market

Minimally invasive surgical procedures involve smaller incisions, reduced blood loss, and faster recovery times compared to traditional open surgeries. Robotic surgical systems enable surgeons to perform these procedures with enhanced precision and control, leading to better patient outcomes and shorter hospital stays.

• For instance, according to Mount Sinai Health System the robotic-assisted surgeries for prostate cancer have shown positive outcomes, with studies indicating that over 90% of patients experience favorable results in terms of cancer control when treated with robotic-assisted prostatectomy.
• According to American Society of Robotic Surgery, in 2020, approximately 1.12 million robotic surgery procedures were completed in the United States, with significant numbers in urology, gynecology, and general surgery. Specifically, there were over 300,000 urological procedures and 250,000 gynecological procedures performed using robotic systems that year.

By Product and Services, the Instruments and Accessories Segment is Expected to have a Huge Demand in the Surgical Robots Market

The demand for instruments and accessories in the surgical robots market is being propelled by the need for recurrent purchase. Companies in the surgical robots market are implementing various initiatives to address the need for recurrent purchases of instruments and accessories. These initiatives focus on enhancing customer relationships, ensuring product availability, and providing ongoing support. The strategies include: Subscription and Service Models, Comprehensive Training and Support, Partnerships and Collaborations, Innovation and Product Development and Marketing and Awareness Campaigns.

• For example, in 2021, Intuitive Surgical, known for its da Vinci Surgical System, has started offering a subscription model for surgical instruments and accessories. This model allows hospitals to manage costs more effectively while ensuring they have access to the latest tools needed for robotic surgeries.
• In 2020, Medtronic introduced comprehensive packages that include robotic surgical systems along with a full suite of instruments and accessories. This initiative aims to streamline the procurement process for hospitals and ensure they have the necessary tools for robotic-assisted surgeries.
• In 2021, CMR Surgical has introduced flexible financing options for their Versius robotic surgical system, which includes recurrent purchases of instruments and accessories. This initiative aims to reduce the financial burden on hospitals and encourage the adoption of their robotic technology.

These initiatives reflect how companies in the surgical robots market are addressing the need for recurrent purchases of instruments and accessories, ultimately driving growth and enhancing the adoption of robotic-assisted surgeries in healthcare facilities.

By Geography, North America Constitutes Immense Share with the Robotic Surgical Systems Market

The demand for robotic surgical systems is closely linked to the rising number of surgical procedures, particularly minimally invasive surgeries. For example, in the U.S., over 800,000 knee replacements and more than 450,000 hip replacements are performed annually.

In North America, the U.S. holds the largest share of the medical robots market. The Da Vinci Surgical System, which has received USFDA approval for both adult and pediatric robotic surgeries, is widely used. By 2018, robots were involved in 86% of surgeries in the U.S. The demand for medical robots is driven by a robust economy and an increasing number of patients with neurological and cardiac conditions.

The U.S. is poised to maintain its leading position in the market due to these factors. The Association of American Medical Colleges predicts a shortage of approximately 90,000 doctors by the end of 2020, as many practicing doctors retire. This gap is creating opportunities for the integration of medical robots in hospitals and clinics. Notably, 80% of radical prostatectomies in the U.S. are performed using robotic systems.

Moreover, high per capita spending on healthcare in North America supports the adoption of advanced surgical technologies. Hospitals and clinics are increasingly investing in robotic systems to improve patient outcomes and operational efficiencies

Key Target Audience:

• Hospitals and Healthcare Facilities
• Surgeons and Medical Professionals
• Patients
• Medical Device Companies
• Insurance Providers and Regulatory Bodies
• Research and Academic Institutions

List of the Key Players Profiled in the Report Includes:

• Intuitive Surgical Inc
• Stryker Corp
• Zimmer Biomet Robotics
• Mazor Robotics Ltd.
• Blue Belt Technologies Inc.
• Auris Health Inc
• Depuy Synthes Inc
• Globus Medical Inc
• Johnson & Johnson Services, Inc.
• Medrobotics Corp
• Medtronic
• Renishaw Plc
• Siemens Healthineers AG

Recent Developments:

• In January 2021, Medtronic entered into a partnership with Intuitive Surgical to integrate Medtronic's advanced imaging technologies with Intuitive's da Vinci surgical system. This partnershio aims to enhance surgical precision and improve patient outcomes through better visualization during robotic-assisted surgeries.
• In April 2023, Intuitive Surgical launched da Vinci SP Surgical System, this system is designed for single-port surgeries, allowing surgeons to perform complex procedures through a single incision. It enhances dexterity and visualization, making it suitable for various surgical applications.
• In 2021, Stryker launched latest version of Mako SmartRobotics™. It is an advanced robotic surgical system designed specifically for orthopedic procedures, particularly knee and hip replacements. The system integrates pre-operative planning with real-time data and analytics to enhance surgical precision and improve patient outcomes.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Product and Services:

• Robotic Systems
• Instruments and Accessories
• Services

Market by, Application:

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

Market by, End User:

• Ambulatory Surgery Centers
• Hospitals & Clinics

Market by, Geography:

The robotic surgical systems market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:

The report “Global Robotic Surgical Systems Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:

• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.