Global Surgical Robots Market 2024-2028
The surgical robots market is forecasted to grow by USD 14021.3 mn during 2023-2028, accelerating at a CAGR of 27.17% during the forecast period. The report on the surgical robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high adoption due to convenience, mergers and acquisitions among players, and high investment on R and D.
Technavio's surgical robots market is segmented as below:
By Application
- General and laparoscopy surgery
- Gynecological surgery
- Orthopedic surgery
- Neurosurgery
- Urology and others
By End-user
- Hospitals
- Ambulatory service centers
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the high demand from developing countries as one of the prime reasons driving the surgical robots market growth during the next few years. Also, growing popularity of medical tourism and expanding healthcare industry will lead to sizable demand in the market.
The report on the surgical robots market covers the following areas:
- Surgical robots market sizing
- Surgical robots market forecast
- Surgical robots market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading surgical robots market vendors that include Accuray Inc., Asensus Surgical US Inc., CMR Surgical Ltd., Intuitive Surgical Inc., Johnson and Johnson Services Inc., Medtronic PLC, Microbot Medical Inc., Momentis Innovative Surgery Ltd., Neocis Inc., Novus International Inc., OMNI Orthopaedics Inc., Renishaw PLC, Siemens AG, Smith and Nephew PLC, Stryker Corp., Titan Medical Inc, United Orthopedic Corp., Virtual Incision, and Zimmer Biomet Holdings Inc.. Also, the surgical robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.