Global Surgical Robotics Market Report and Forecast 2023-2028

Global Surgical Robotics Market Report and Forecast 2023-2028


Market Outlook

According to the report by Expert Market Research (EMR), the global surgical robotics market reached a value of USD 7.32 billion in 2022. Aided by the rapid technological advancements, growing healthcare investments, and an increasing number of minimally invasive surgeries, the market is projected to further grow at a CAGR of 19.90% between 2023 and 2028 to reach a value of USD 21.96 billion by 2028.

Surgical robotics are systems that facilitate the execution of surgical procedures in a minimally invasive manner. These robots provide surgeons with enhanced capabilities, such as high-definition 3D vision, improved dexterity, and precise movements, enabling complex surgeries to be performed with higher precision, flexibility, and control than is possible with conventional techniques.

The increasing need for precision in surgeries, along with the shift towards minimally invasive procedures, is driving the global surgical robotics market growth. Moreover, as populations age, the demand for surgical interventions, including those for cancer, is likely to grow significantly, increasing the need for precision surgical solutions.

The escalating global preference for minimally invasive surgeries is a critical driver for the surgical robotics market. Such procedures are associated with less pain, lower risk of infection, shorter hospital stays, and quicker recovery times compared to traditional open surgeries. Surgical robots, due to their precise and controlled movements, have emerged as the leading technology enabling these less intrusive procedures, thereby contributing to the surgical robotics market demand.

As technology continues to advance rapidly, the healthcare sector is no exception. Innovations such as AI, machine learning, and advanced imaging capabilities are increasingly being incorporated into surgical robotics systems. These integrations are making these robots smarter, more autonomous, and more precise, thus expanding their applicability and efficiency across a range of surgical procedures and boosting their adoption rates globally.

Surgical robotics were initially introduced for neurosurgical procedures but have since expanded their application into various fields, including orthopaedic, laparoscopic, and cardiovascular surgeries. This diversification is a testament to the versatility and effectiveness of surgical robotics and plays a significant role in increasing the surgical robotics market size.

While developed countries, particularly in North America and Europe, currently dominate the market for surgical robotics, increasing adoption is being noted in emerging economies. Rising healthcare expenditure, improving healthcare infrastructure, and increasing awareness of the benefits of robot-assisted surgeries are factors contributing to the surgical robotics market expansion in these regions.

Market Segmentation

The market can be divided based on component, surgery type, and region.

Market Breakup by Component
  • Surgical Systems
  • Accessories
  • Services
Market Breakup by Surgery Type
  • Gynaecological Surgery
  • Urological Surgery
  • Neurosurgery
  • Orthopaedic Surgery
  • General Surgery
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global surgical robotics market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Johnson & Johnson
  • Intuitive Surgical, Inc.
  • KUKA AG
  • MAKO Surgical Corp.
  • Renishaw plc
  • THINK Surgical, Inc.
  • Auris Health, Inc.
  • Medtronic plc
  • Smith & Nephew plc
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Surgical Robotics Market Analysis
8.1 Key Industry Highlights
8.2 Global Surgical Robotics Historical Market (2018-2022)
8.3 Global Surgical Robotics Market Forecast (2023-2028)
8.4 Global Surgical Robotics Market by Component
8.4.1 Surgical Systems
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Accessories
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Services
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Surgical Robotics Market by Surgery Type
8.5.1 Gynaecological Surgery
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Urological Surgery
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Neurosurgery
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Orthopaedic Surgery
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 General Surgery
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Surgical Robotics Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Surgical Robotics Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Surgical Robotics Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Surgical Robotics Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Surgical Robotics Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Surgical Robotics Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Johnson & Johnson
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Intuitive Surgical, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 KUKA AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 MAKO Surgical Corp.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Renishaw plc
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 THINK Surgical, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Auris Health, Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Medtronic plc
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Smith & Nephew plc
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Surgical Robotics Market: Key Industry Highlights, 2018 and 2032
2. Global Surgical Robotics Historical Market: Breakup by Component (USD Billion), 2018-2022
3. Global Surgical Robotics Market Forecast: Breakup by Component (USD Billion), 2023-2028
4. Global Surgical Robotics Historical Market: Breakup by Surgery Type (USD Billion), 2018-2022
5. Global Surgical Robotics Market Forecast: Breakup by Surgery Type (USD Billion), 2023-2028
6. Global Surgical Robotics Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Surgical Robotics Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Surgical Robotics Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Surgical Robotics Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Surgical Robotics Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Surgical Robotics Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Surgical Robotics Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Surgical Robotics Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Surgical Robotics Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Surgical Robotics Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Surgical Robotics Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Surgical Robotics Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Surgical Robotics Market Structure

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