Global Surgical Robots Market (2024-29)

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $3,500	215 Pages	Velox Consultants	January, 2025	VEL19463923

Best Price Guarantee
Price	from $3,500
Length	215 Pages
Publisher	Velox Consultants
Published Date	January, 2025
SKU	VEL19463923

Global Surgical Robots Market (2024-29)

INTRODUCTION

The global surgical robots market is revolutionizing modern healthcare by enabling precision-driven, minimally invasive surgeries. These systems leverage cutting-edge technologies such as artificial intelligence (AI), 3D imaging, and haptic feedback to enhance surgical outcomes, reduce complications, and minimize recovery times. Widely adopted across diverse surgical specialties such as orthopedics, gynecology, urology, and general surgery, surgical robots are reshaping surgical practices and healthcare delivery systems globally.

MARKET OVERVIEW

The market is on an accelerated growth trajectory, forecasted to expand from $7.9 billion in 2024 to $17.5 billion by 2029, with a robust CAGR of 17.2%. Growth is driven by increasing procedural volumes, technological innovation, and the rising adoption of minimally invasive techniques.

North America dominates the market due to its advanced healthcare infrastructure and high R&D investments. At the same time, the Asia-Pacific region is the fastest-growing market, spurred by modernization in healthcare, rising medical tourism, and increasing surgical procedures in countries like China and India.

Hardware remains the largest segment, while software, driven by advancements in real-time imaging and AI-powered analytics, is the fastest-growing. Services, including maintenance and training, play a critical supporting role.

MARKET DRIVERS

Technological Advancements: AI-powered analytics and machine learning improve surgical planning and real-time decision-making; 3D imaging and augmented reality (AR) enhance visualization, while haptic feedback systems improve surgical precision.
Increasing Demand for Minimally Invasive Procedures: Reduced post-operative complications, shorter hospital stays, and quicker recovery times drive demand.
Expanding Applications: Surgical robots, initially limited to urology and gynecology, now cater to neurosurgery, orthopedics, and cardiovascular surgeries.Growing Investments: Substantial investments in healthcare infrastructure, particularly in emerging markets, facilitate the adoption of surgical robots.

CHALLENGES

High Costs: Initial acquisition and ongoing maintenance expenses are barriers, especially for smaller healthcare facilities.
Steep Learning Curve: Surgeons and support teams require extensive training, adding time and financial burdens to institutions.
Regulatory Hurdles: Complex and lengthy approval processes, particularly in regions with stringent regulatory frameworks like the FDA in the U.S. and EMA in Europe, can delay market entry for new systems.
Operational Dependence: Hospitals often rely heavily on manufacturers for technical support, which could lead to delays during critical situations.

COMPETITIVE LANDSCAPE

The market is characterized by intense competition, with major players such as Intuitive Surgical, Medtronic, Stryker, Johnson & Johnson, and emerging firms like CMR Surgical and Brainlab. Key strategies include system innovation, strategic collaborations, and a focus on emerging markets.

GROWTH STRATEGY FRAMEWORK

The report includes a detailed growth strategy framework matrix outlining actionable strategies for market participants to capitalize on emerging opportunities. It emphasizes key areas such as affordability through cost-effective innovations, technological advancements, including AI and IoT integration, and geographic expansion into underserved regions like Tier-2 and Tier-3 cities. Additionally, the framework highlights the importance of strengthening training programs for healthcare professionals and streamlining regulatory pathways to accelerate product adoption. This matrix serves as a strategic roadmap for stakeholders aiming to thrive in the evolving surgical robotics landscape.

CONCLUSION

The global surgical robots market is at the forefront of healthcare innovation, enabling significant advancements in surgical care. While challenges such as cost and regulatory complexities exist, the market's rapid growth and expanding applications highlight its transformative potential. With continuous investments in technology and strategic partnerships, the market is poised to redefine surgical standards, ensuring better outcomes and improved accessibility worldwide.

1. INTRODUCTION: 1.1 MARKET DEFINITION; 1.2 OBJECTIVES AND SCOPE
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW: 3.1 MARKET DYNAMICS; 3.2 MARKET VALUE CHAIN/ECOSYSTEM; 3.3 TECHNOLOGY LANDSCAPE; 3.4 PATENT ANALYSIS; 3.5 REGULATORY LANDSCAPE; 3.6 KEY CASE STUDIES
4. GLOBAL SURGICAL ROBOTICS MARKET SIZING & FORECASTING: 4.1 INTRODUCTION; 4.2 GLOBAL SURGICAL ROBOTICS MARKET BY COMPONENT; 4.3 GLOBAL SURGICAL ROBOTICS MARKET BY APPLICATION; 4.4 GLOBAL SURGICAL ROBOTICS MARKET BY END-USER; 4.5 GLOBAL SURGICAL ROBOTICS MARKET BY REGION
5. COMPETITIVE ANALYSIS: 5.1 MARKET SHARE ANALYSIS; 5.2 KEY PLAYERS AND THEIR STRATEGIES; 5.3 KEY RECENT DEVELOPMENTS
6. COMPANY PROFILE: 6.1 SIEMENS HEALTHINESS; 6.2 INTUITIVE SURGICAL, INC.; 6.3. STRYKER CORPORATION; 6.4 MEDTRONIC; 6.5 ZIMMER BIOMET; 6.6 JOHNSON & JOHNSON; 6.7 CMR SURGICAL; 6.8 BRAINLAB; 6.9 PERLOVE MEDICAL; 6.10 SMITH+NEPHEW
7. START-UP ECOSYSTEM: 7.1 KEY INNOVATIONS & TRENDS SPECIFIC TO START-UPS; 7.2 INVESTMENT TRENDS BY REGION; 7.3 STARTUP INVESTMENT TRENDS; 7.4 PROFILE OF KEY START-UPS
8. GROWTH STRATEGY FRAMEWORK MATRIX
9. CONCLUSION & RECOMMENDATIONS
INDEX OF FIGURES: FIGURE 1 GLOBAL SURGICAL ROBOTICS MARKET (IN US$ BILLION); FIGURE 2 GLOBAL SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); FIGURE 3 NORTH AMERICA IS EXPECTED TO DOMINATE THE SURGICAL ROBOTICS HARDWARE MARKET THROUGHOUTTHE FORECAST PERIOD FOLLOWED BY ASIA-PACIFIC; FIGURE 4 ASIA-PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR IN THE SURGICAL ROBOTICS SOFTWAREMARKET DURING THE FORECAST PERIOD; FIGURE 5 NORTH AMERICA IS EXPECTED TO DOMINATE THE SURGICAL ROBOTICS SERVICES MARKET THROUGHOUTTHE FORECAST PERIOD; FIGURE 6 GLOBAL SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); FIGURE 7 NORTH AMERICA IS EXPECTED TO DOMINATE THE GENERAL SURGERY APPLICATION MARKET THROUGHOUTTHE FORECAST PERIOD; FIGURE 8 ASIA-PACIFIC IS EXPECTED TO GROW THE HIGHEST IN THE GYNECOLOGICAL SURGERY APPLICATION MARKETDURING THE FORECAST PERIOD; FIGURE 9 EUROPE IS EXPECTED TO BE THE SECOND LARGEST MARKET IN TERMS OF SIZE AND GROWTH RATE IN THEORTHOPEDIC SURGERY APPLICATION MARKET DURING THE FORECAST PERIOD; FIGURE 10 NORTH AMERICA IS EXPECTED TO DOMINATE THE NEUROSURGERY APPLICATION MARKET THROUGHOUTTHE FORECAST PERIOD; FIGURE 11 ASIA PACIFIC IS EXPECTED TO EXPERIENCE THE HIGHEST GROWTH IN THE UROLOGICAL SURGERYAPPLICATION MARKET DURING THE FORECAST PERIOD; FIGURE 12 ASIA PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR IN THE CARDIOVASCULAR SURGERYAPPLICATION MARKET, FOLLOWED BY EUROPE DURING THE FORECAST PERIOD; FIGURE 13 NORTH AMERICA IS EXPECTED TO DOMINATE THE OTHER APPLICATIONS MARK’ET THROUGHOUT THEFORECAST PERIOD; FIGURE 14 GLOBAL SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); FIGURE 15 NORTH AMERICA IS EXPECTED TO DOMINATE THE SURGICAL ROBOTICS FOR HOSPITALS MARKETTHROUGHOUT THE FORECAST PERIOD; FIGURE 16 NORTH AMERICA IS EXPECTED TO DOMINATE THE SURGICAL ROBOTICS FOR AMBULATORY SURGERYCENTERS MARKET THROUGHOUT THE FORECAST PERIOD FOLLOWED BY EUROPE; FIGURE 17 NORTH AMERICA IS EXPECTED TO DOMINATE THE SURGICAL ROBOTICS FOR SPECIALTY CLINICS MARKETTHROUGHOUT THE FORECAST PERIOD; FIGURE 18 ASIA-PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR IN THE SURGICAL ROBOTICS FOR RESEARCHINSTITUTES MARKET DURING THE FORECAST PERIOD; FIGURE 19 GLOBAL SURGICAL ROBOTICS MARKET BY REGION (IN US$ BILLION); FIGURE 20 NORTH AMERICA SURGICAL ROBOTICS MARKET BY COUNTRY; FIGURE 21 NORTH AMERICA SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); FIGURE 22 NORTH AMERICA SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); FIGURE 23 NORTH AMERICA SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); FIGURE 24 EUROPE SURGICAL ROBOTICS MARKET BY COUNTRY; FIGURE 25 EUROPE SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); FIGURE 26 EUROPE SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); FIGURE 27 EUROPE SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); FIGURE 28 APAC SURGICAL ROBOTICS MARKET BY COUNTRY; FIGURE 29 APAC SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); FIGURE 30 APAC SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); FIGURE 31 APAC SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); FIGURE 32 ROW SURGICAL ROBOTICS MARKET BY COUNTRY; FIGURE 33 ROW SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); FIGURE 34 ROW SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); FIGURE 35 ROW SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION)
INDEX OF TABLES: TABLE 1 GLOBAL SURGICAL ROBOTICS MARKET (IN US$ BILLION); TABLE 2 GLOBAL SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); TABLE 3 SURGICAL ROBOTICS HARDWARE MARKET BY REGION (IN US$ BILLION); TABLE 4 SURGICAL ROBOTICS SOFTWARE MARKET BY REGION (IN US$ BILLION); TABLE 5 SURGICAL ROBOTICS SERVICES MARKET BY REGION (IN US$ BILLION); TABLE 6 GLOBAL SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); TABLE 7 GENERAL SURGERY APPLICATION MARKET BY REGION (IN US$ BILLION); TABLE 8 GYNECOLOGICAL SURGERY APPLICATION MARKET BY REGION (IN US$ BILLION); TABLE 9 ORTHOPEDIC SURGERY APPLICATION MARKET BY REGION (IN US$ BILLION); TABLE 10 NEUROSURGERY APPLICATION MARKET BY REGION (IN US$ BILLION); TABLE 11 UROLOGICAL SURGERY APPLICATION MARKET BY REGION (IN US$ BILLION); TABLE 12 CARDIOVASCULAR SURGERY APPLICATION MARKET BY REGION (IN US$ BILLION); TABLE 13 OTHER APPLICATIONS MARKET BY REGION (IN US$ BILLION); TABLE 14 GLOBAL SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); TABLE 15 SURGICAL ROBOTICS FOR HOSPITALS MARKET BY REGION (IN US$ BILLION); TABLE 16 SURGICAL ROBOTICS FOR AMBULATORY SURGERY CENTERS MARKET BY REGION (IN US$ BILLION); TABLE 17 SURGICAL ROBOTICS FOR SPECIALTY CLINICS MARKET BY REGION (IN US$ BILLION); TABLE 18 SURGICAL ROBOTICS FOR RESEARCH INSTITUTES MARKET BY REGION (IN US$ BILLION); TABLE 19 GLOBAL SURGICAL ROBOTICS MARKET BY REGION (IN US$ BILLION); TABLE 20 NORTH AMERICA SURGICAL ROBOTICS MARKET SIZE BY COUNTRY (IN US$ BILLION); TABLE 21 NORTH AMERICA SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); TABLE 22 NORTH AMERICA SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); TABLE 23 NORTH AMERICA SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); TABLE 24 EUROPE SURGICAL ROBOTICS MARKET SIZE BY COUNTRY (IN US$ BILLION); TABLE 25 EUROPE SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); TABLE 26 EUROPE SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); TABLE 27 EUROPE SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); TABLE 28 APAC SURGICAL ROBOTICS MARKET SIZE BY COUNTRY (IN US$ BILLION); TABLE 29 APAC SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); TABLE 30 APAC SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); TABLE 31 APAC SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION); TABLE 32 ROW SURGICAL ROBOTICS MARKET SIZE BY COUNTRY (IN US$ BILLION; TABLE 33 ROW SURGICAL ROBOTICS MARKET BY COMPONENT (IN US$ BILLION); TABLE 34 ROW SURGICAL ROBOTICS MARKET BY APPLICATION (IN US$ BILLION); TABLE 35 ROW SURGICAL ROBOTICS MARKET BY END-USER (IN US$ BILLION)