South America Surgical Robots Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component (Instruments & Accessories, Robotic Systems, and Services), Application (Urological Surgery, Orthopedic Surgery, General Surgery, Gynecological Su

South America Surgical Robots Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component (Instruments & Accessories, Robotic Systems, and Services), Application (Urological Surgery, Orthopedic Surgery, General Surgery, Gynecological Surgery, Cardiothoracic Surgery, Neurosurgery, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Others)

The surgical robots market in South America is expected to grow from US$ 387.14 million in 2022 to US$ 820.29 million by 2028; it is estimated to grow at a CAGR of 13.3% from 2022 to 2028.

Surging Number of Surgical Procedures Drives Growth of Surgical Robots Market in South America

There is a rise in the number of surgeries performed across the South America. In the last 25 years, the incidence of cardiovascular diseases has increased South America. The rise in diabetic cases and lifestyle changes are leading to an increase the number of cardiovascular surgeries and general surgeries. For instance, colorectal cancer is one of the most commonly found and lethal cancers developed in individuals due to the combined influence of genetic and environmental factors. It is the third most common type of cancer in men and the second most common cancer in women. The lifetime risk of developing colorectal cancer is about 1 in 23 for men and 1 in 25 for women. Further, ~95,55,027 cancer deaths were recorded in 2018, of which 8,80,792 were related to colorectal cancer. Therefore, colorectal cancer was identified as the third most common cancer and the second highest death-causing cancer. Therefore, the increasing number of colorectal cancer incidences has resulted in the surging demand for surgical Robots. The growing number of surgical procedures creates a need for Robotic surgery instruments. For instance, according to the 2021 National Health Statistics Reports from the Centers for Disease Control, the incidence of obesity has reached 41.9% among adults and 19.7% among children and adolescents aged 2-19 years old. Therefore, the relationship between obesity and the development of various well-known comorbidities, including cardiovascular diseases, diabetes, liver disease, chronic kidney disease, osteoarthritis, and cancer, makes obesity one of the top preventable causes of mortality. Moreover, intense lifestyle modification and pharmacotherapy usually fail to achieve long-term sustained weight loss and remission of obesity-related comorbidities (10% weight loss at one year and 5.3% at 8 years). However, CDC states that bariatric surgery has been demonstrated to be effective at achieving long-term weight–loss up to 77% of excess weight loss (~77% of excess weight at one year and over ~50% at 10-20 years), remission of obesity-related comorbidities, and reducing the incidence of major cardiovascular conditions. Thus, Surgical Robots have been designed to exceed the limitations of conventional laparoscopy. The laparoscopic procedure involves a two-dimensional view displayed on a monitor, whereas Robotic surgery offers a close three-dimensional vision portrayed in the commodity of a console, which gives the surgeon a feeling of operating from inside the cavity. For instance, Robotic systems such as Da Vinci Xi, manufactured by Intuitive Surgical, provide an active camera, multi-quadrant access, improved precision of motion, filtered tremor, and instruments with endo wrist movements and seven degrees of freedom, powerfully enhancing the dexterity of the surgeon. Therefore, the utilization of Robotic platforms for primary and bariatric surgery is expected to rise over the forecast period. Moreover, the rise in the prevalence of chronic conditions and the rising number of surgical procedures generate the demand for surgical Robots. The number of road accidents is increasing in several countries. The surging number of road accidents eventually leads to the rise in the number of orthopedic procedures and treatments, which, in turn, is fueling the growth of the Surgical Robots market.

Market Overview



The surgical robots market in South America is segmented into Brazil, Argentina, and the rest of South America. The number of robotic procedures varies a lot in the region, highlighting Brazil with more than 21,000 surgeries since the acquisition of the first robots. The number of surgeries performed on average by using robots is between 525 and 625 procedures per system in Brazil, Chile, and Argentina. This market in the region is expected to grow in the coming years due to the rising prevalence of chronic disorders such as cancer, diabetes, and cardiovascular diseases in South America countries. The market in Brazil is expected to grow during the forecast period due to the increasing adoption of technologically-advanced minimally invasive surgeries and the rising trend of reconstructive plastic surgeries and aesthetic procedures.

South America Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)

South America Surgical Robots Market Segmentation

The South America surgical robots market is segmented on the basis of component, application, end user, and country. Based on component, the South America surgical robots market is segmented into instruments & accessories, robotic systems, and services. The instruments & accessories segment held the largest market share in 2022.

Based on application, the South America surgical robots market is segmented into urological surgery, orthopedic surgery, general surgery, gynecological surgery, cardiothoracic surgery, neurosurgery, and others. The urological surgery segment held the largest market share in 2022. Based on end user, the South America surgical robots market is categorized into hospitals, ambulatory surgical centers, and others. The hospitals segment held the largest market share in 2022. Based on country, the South America surgical robots market is segmented into the Brazil, Argentina, and Rest of South America. Brazil dominated the market share in 2022. Intuitive Surgical; Smith+Nephew; Johnson & Johnson Services, Inc.; Stryker; Zimmer Biomet; Medtronic; Siemens Healthineers AG; Asensus Surgical, Inc.; and Renishaw plc are among the leading companies operating in the South America surgical robots market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America surgical robots market.
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Scrutinize in-depth South America market trends and outlook coupled with the factors driving the South America surgical robots market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Surgical Robots Market– By Component
1.3.2 SAM Surgical Robots Market– By Application
1.3.3 SAM Surgical Robots Market– By End User
1.3.4 SAM Surgical Robots Market – By Country
2. SAM Surgical Robots Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Surgical Robots Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 SAM – PEST Analysis
4.3 Expert Opinion
5. SAM Surgical Robots Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Number of Surgical Procedures
5.2 Market Restraints
5.2.1 High Cost of Surgical Procedures and Installation
5.3 Market Opportunities
5.3.1 Growing Adoption of Robots-Assisted Surgery Systems
5.4 Future Trends
5.4.1 Development and Launch of Innovative Products
5.5 Impact Analysis
6. Surgical Robots Market – SAM Analysis
6.1 SAM Surgical Robots Market Revenue Forecast and Analysis
7. SAM Surgical Robots Market – by Component
7.1 Overview
7.2 SAM Surgical Robots Market, By Product, 2021 & 2028 (%)
7.3 Instruments & Accessories
7.3.1 Overview
7.3.2 Instruments & Accessories: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Robotic Systems
7.4.1 Overview
7.4.2 Robotic Systems: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
8. SAM Surgical Robots Market – By Application
8.1 Overview
8.2 SAM Surgical Robots Market Share by Application - 2021 & 2028 (%)
8.3 Urological Surgery:
8.3.1 Overview
8.3.2 Urological Surgery: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
8.4 Orthopedic Surgery
8.4.1 Overview
8.4.2 Orthopedic Surgery: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
8.5 General Surgery
8.5.1 Overview
8.5.2 General Surgery: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
8.6 Gynecological Surgery
8.6.1 Overview
8.6.2 Gynecological Surgery: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
8.7 Cardiothoracic Surgery
8.7.1 Overview
8.7.2 Cardiothoracic Surgery: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
8.8 Neurosurgery:
8.8.1 Overview
8.8.2 Neurosurgery: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
9. SAM Surgical Robots Market – By End User
9.1 Overview
9.2 SAM Surgical Robots Market Share by Application - 2021 & 2028 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
9.4 Ambulatory Surgical Centres
9.4.1 Overview
9.4.2 Ambulatory Surgical Centres (ASCs): Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Surgical Robots Market Revenue and Forecast to 2028 (US$ Million)
10. SAM Surgical Robots Market – by Country
10.1 South & Central America Surgical Robots Market Revenue and Forecasts to 2028
10.1.1 Overview
10.1.2 South and Central America Surgical Robots Market Revenue and Forecasts to 2028, By Country (%)
10.1.2.1 Brazil: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Brazil: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.1.3 Brazil: Surgical Robots Market Revenue and Forecasts to 2028, By Component (US$ Million)
10.1.2.1.4 Brazil: Surgical Robots Market Revenue and Forecasts To 2028, By Application (US$ Million)
10.1.2.1.5 Brazil: Surgical Robots Market Revenue and Forecasts To 2028, By End User (US$ Million)
10.1.2.2 Argentina Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Argentina Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
10.1.2.2.3 Argentina: Surgical Robots Market Revenue and Forecasts to 2028, By Component (US$ Million)
10.1.2.2.4 Argentina: Surgical Robots Market Revenue and Forecasts To 2028, By Application (US$ Million)
10.1.2.2.5 Argentina: Surgical Robots Market Revenue and Forecasts To 2028, By End User (US$ Million)
10.1.2.3 Rest of South and Central America: Surgical Robots Market– Revenue and Forecast to 2028 (USD Mn)
10.1.2.3.1 Overview
10.1.2.3.2 Rest of South and Central America: Surgical Robots Market– Revenue and Forecast to 2028 (USD Mn)
10.1.2.3.3 Rest of South & Central America: Surgical Robots Market Revenue and Forecasts to 2028, By Component (US$ Million)
10.1.2.3.4 Rest of South & Central America: Surgical Robots Market Revenue and Forecasts To 2028, By Application (US$ Million)
10.1.2.3.5 Rest of South & Central America: Surgical Robots Market Revenue and Forecasts To 2028, By End-User (US$ Million)
11. Surgical Robots Market –Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Intuitive Surgical
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Smith+Nephew
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Johnson & Johnson Services, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Stryker
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Zimmer Biomet
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Medtronic
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Siemens Healthineers AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Asensus Surgical, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Renishaw plc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil Surgical Robots Market, by Components – Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil Surgical Robots Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil Surgical Robots Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 4. Argentina Surgical Robots Market, by Components – Revenue and Forecast to 2028 (USD Million)
Table 5. Argentina: Surgical Robots Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 6. Argentina Surgical Robots Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7. Rest of South & Central America: Surgical Robots Market Revenue and Forecasts to 2028, By Component (US$ Million)
Table 8. Rest of South & Central America: Surgical Robots Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 9. Rest of South & Central America: Surgical Robots Market Revenue and Forecasts to 2028, By End-User (US$ Million)
Table 10. Organic Developments Done By Companies
Table 11. Inorganic Developments Done by Companies
Table 12. Glossary of Terms, Surgical Robots Market
LIST OF FIGURES
Figure 1. SAM Surgical Robots Market Segmentation
Figure 2. SAM Surgical Robots Market Segmentation, By Country
Figure 3. SAM Surgical Robots Market Overview
Figure 4. Instruments and Accessories Segment Held Largest Share by Product in Surgical Robots market
Figure 5. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. SAM: PEST Analysis
Figure 7. SAM Expert Opinion
Figure 8. SAM Surgical Robots Market Impact Analysis of Drivers and Restraints
Figure 9. SAM Surgical Robots Market – Revenue Forecast and Analysis – 2020- 2028
Figure 10. SAM Surgical Robots Market, by Product, 2021 & 2028 (%)
Figure 11. SAM Instruments & Accessories: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. SAM Robotic Systems: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. SAM Services: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. SAM Surgical Robots Market Share by Application - 2021 & 2028 (%)
Figure 15. SAM Urological Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. SAM Orthopedic Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. SAM General Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 18. SAM Gynecological Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 19. SAM Cardiothoracic Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 20. SAM Neurosurgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 21. SAM Others: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. SAM Surgical Robots Market Share by Application - 2021 & 2028 (%)
Figure 23. SAM Hospitals: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. SAM Ambulatory Surgical Centres (ASCs) : Surgical Robots Market Revenue and Forecasts To 2028 (US$ Million)
Figure 25. SAM Others: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 26. South and Central America: Surgical Robots Market, by Key Country – Revenue (2022) (USD Million)
Figure 27. South and Central America Surgical Robots Market Revenue and Forecasts to 2028, By Country (%)
Figure 28. Brazil: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 29. Argentina Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 30. Rest of South and Central America: Surgical Robots Market– Revenue and Forecast to 2028 (USD Mn)
Figure 31. Growth Strategies Done by the Companies in the Market, (%)

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