Surgical Robot Systems Market Size, Share & Trends Analysis Report By Component (Surgical Robot, Surgical Robotic Accessories, Surgical Robotic Services), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Surgical Robot Systems Market Size, Share & Trends Analysis Report By Component (Surgical Robot, Surgical Robotic Accessories, Surgical Robotic Services), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Surgical Robot Systems Market Trends

The global surgical robot systems market size was estimated at USD 10.21 billion in 2023 and is projected to grow at a CAGR of 12.4% from 2024 to 2030. Surgical robot systems revolutionize surgery, driven by significant factors such as technological progress, the rising preference for minimally invasive procedures, improved outcomes, greater precision, and reduced human errors in operations. This development is a major advancement in medical technology, combining innovation with a commitment to enhancing the safety and efficacy of surgical operations.In July 2023, a study featured in the Journal of Hematology & Oncology revealed that basic medical nanorobots could advance to become more complex, performing various medical tasks directly in the bloodstream.

Advancements in technology have played a significant role in driving the adoption of surgical robot systems. Integrating technologies such as artificial intelligence, machine learning, haptic feedback, and augmented reality has enhanced the capabilities of robotic surgical systems. For instance, in April 2024, spaceMIRA, a surgical robot developed by Virtual Incision and the University of Nebraska, was sent to the ISS for remote testing. This space-focused version of Virtual Incision's miniaturized robotic-assisted surgery system, MIRA, is designed for compactness and convenience. The device's modifications allowed long-distance remote surgery, demonstrating significant advancements in medical technology.

The rising demand for minimally invasive procedures has been a key driver for adopting surgical robot systems. Minimally invasive surgeries offer patients benefits such as shorter hospital stays, faster recovery times, lower risk of complications than traditional open surgeries, and reduced pain. Robotic systems enable surgeons to perform complex procedures through small incisions with greater precision and control. In July 2024, AcuSurgical completed its first clinical study with the Luca surgical robot for vitrectomy procedures. The study targeted the treatment of retinal diseases, affecting over 300 million worldwide, requiring precision only achievable by highly trained surgeons.

The ability to improve surgical outcomes for patients is one of the key drivers for surgical robot systems. Robotic-assisted surgery allows for greater accuracy and precision during procedures, leading to reduced blood loss. Robotic surgery can result in better clinical outcomes and higher patient satisfaction compared to traditional methods. For instance, in December 2023, a study published in Cureus stated that the benefits of surgical robot systems include improved patient outcomes, reduced complications, faster recovery time, cost-effectiveness, and enhanced surgeon experiences. In June 2024, Sovato announced the successful completion of distant robotic-assisted surgeries using the company’s platform, highlighting surgeon confidence and showcasing a scalable solution for remote surgical procedures.

Surgical robot systems’ potential to reduce human errors in the operating room is another significant driver for the market growth. Robotic systems offer steady hands and precise movements that can minimize the risk of human error during delicate surgical procedures. By providing surgeons with enhanced visualization and dexterity, robotic platforms help mitigate factors such as hand tremors or fatigue that could affect procedural accuracy. In April 2024, an article in the Advanced Intelligent Systems Influence Series reported that a significant majority of 73.8% of 244 trainees, expressed a strong interest in having more opportunities for robotic surgery training. This is due to the growing belief in its critical importance for the future of surgical care .

Global Surgical Robot Systems Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global surgical robot systems market report based on component, application, end-use, and region:

• Component Outlook (Revenue, USD Million, 2018 - 2030)
• Surgical Robot
• Surgical Robotic Accessories
• Surgical Robotic Services
• Application Outlook (Revenue, USD Million, 2018 - 2030)
• Orthopedics
• Neurology
• Gynecology
• Urology
• Others
• End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Inpatient
• Outpatient
• Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Denmark
• Sweden
• Norway
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Thailand
• Latin America
• Brazil
• Argentina
• MEA
• South Africa
• Saudi Arabia
• UAE
• Kuwait

Please note The report will be delivered in 2-3 business days upon order notification.