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Global Next-Generation Surgical Robotics Market: Analysis and Forecast, 2020-2030

  • ID: 5134826
  • Report
  • July 2020
  • Region: Global
  • BIS Research

FEATURED COMPANIES

  • Activ Surgical, Inc.
  • CMR Surgical Limited
  • Microbot Medical, Inc.
  • Vicarious Surgical, Inc.
  • Virtuoso Surgical, Inc.

Market Report Coverage - Next-Generation Surgical Robotics



Market Segmentation

  • Technology - Miniaturized Surgical Robotics, Autonomous Surgical Robotics, and Teleoperated Surgical Robotics
  • Product Type - Surgical Systems, Instruments & Accessories, and Services
  • Application - General Surgery, Urology Surgery, Aesthetic Surgery, Cardiology Surgery, Gynecology Surgery, and Neurology Surgery

Regional Segmentation

  • North America - U.S. and Canada
  • Europe - Germany, U.K, France, Italy, Spain, Switzerland, Netherlands, and Rest-of-Europe
  • Asia-Pacific - Japan, China, India, Australia & New Zealand, South Korea, Singapore, and Rest-of-Asia-Pacific
  • Rest-of-the-World

Growth Drivers

  • Rising prevalence of chronic disorders
  • Elevating elderly population
  • Increasing healthcare expenditure in developing economies
  • Increasing demand for minimally invasive surgeries
  • Low cost of next-generation surgical robotic platforms

Market Challenges

  •  Lack of skilled professionals
  •  Restrictive reimbursement framework in several countries

Market Opportunities

  • Development of low cost next-generation surgical systems
  • Development of surgical simulators for training

Key Companies Profiled

Activ Surgical, Inc., AVRA Medical Robotics, Inc., CMR Surgical Ltd., Corindus Vascular Robotics, Inc. (Siemens Healthineers AG), Memic Innovative Surgery Ltd., Microbot Medical, Inc., PROCEPT BioRobotics Corporation, Vicarious Surgical Inc., Virtual Incision Corporation, and Virtuoso Surgical, Inc.

Key Questions Answered in this Report:

  • What are significant technological advancements in surgical robotics and how the market for next-generation surgical robotics is expected to evolve in the future?
  • What are the major market drivers, challenges, and opportunities in the global next-generation surgical robotics market?
  • Who are the leading companies actively working on implementing next-generation surgical robotics technologies?
  • What is the current revenue contribution of the different technology types, and how would it change in the forecast period?
  • What is the current market share of each of the companies in the global next-generation surgical robotics market, and what are expected to be their contributions in 2030?
  • What is the growth potential of next-generation surgical robotics in the region, including North America, Europe, Asia-Pacific, and Rest-of-the-World?
  • What are the key regulatory implications in developed and developing regions for surgical robotics?
  • How is the patent landscape evolved in the past years in the next-generation surgical robotics market?

Overview of the Global Next-Generation Surgical Robotics Market

The global next-generation surgical robotics market is anticipated to gain significant traction in the future. Several key players are engaging in developing advanced surgical robotics, testing the capabilities of miniaturization, autonomous, and telesurgery technologies. The market for next-generation surgical robotics is at a nascent stage, with only two companies having commercialized offerings. The rest of the products by other companies are still in the investigational phase and is expected to launch during the forecast period, 2020-2030. The factors, such as increasing awareness about the advantages of surgical robotics coupled with the improving healthcare infrastructure in several economies and increasing investments & funding within the surgical robotics domain, is expected to bolster the growth of next-generation surgical robotics market.

Global Next-Generation Surgical Robotics Market Forecast, 2020-2030

The market size of next-generation surgical robotics was valued at $10.9 million in 2019.  The global next-generation surgical robotics market is expected to grow at a robust rate. It is anticipated to reach $884.5 million in 2030 with a CAGR of 44.6% during the forecast period 2020-2030, primarily due to the increasing prevalence of chronic disorders, elevating the global population coupled with the geriatric population, favorable reimbursement policies in developed economies, and increasing investments to develop advanced robotic platforms. However, several factors, such as a shortage of skilled professionals and restrictive regulatory framework, are the primary obstacle hindering the growth of the global next-generation surgical robotics market.

Competitive Landscape

The global next-generation surgical robotics market is dominated by a PROCEPT BioRobotics Corporation, followed by CMR Surgical Ltd. in 2019. The companies in this market are continuously collaborating with research institutions to expand their research capabilities to develop technologically advanced products.

In the past four years, i.e., (January 2016 June 2020), the market has witnessed 25 key developments, most of which were funding activities. Efforts are put in to introduce more technologically advanced products in the market, targeting specific unmet surgical applications. With the introduction of new and upgraded devices with enhanced capabilities, it has become increasingly possible to unlock new use cases for next-generation surgical robotic technologies.

The key players contributing to the global next-generation surgical market are Activ Surgical, Inc., AVRA Medical Robotics, Inc., CMR Surgical Ltd., Corindus Vascular Robotics, Inc. (Siemens Healthineers AG), Memic Innovative Surgery Ltd., Microbot Medical, Inc., PROCEPT BioRobotics Corporation, Vicarious Surgical Inc., Virtual Incision Corporation, and Virtuoso Surgical, Inc.

Enterprise License customers will receive an Excel spreadsheet containing additional data.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Activ Surgical, Inc.
  • CMR Surgical Limited
  • Microbot Medical, Inc.
  • Vicarious Surgical, Inc.
  • Virtuoso Surgical, Inc.

1 Technology Definition
1.1 Technology Exclusion Criteria

2 Scope of Research Study
2.1 Key Questions Answered in the Report
2.2 Forecast Period Selection Criteria

3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Data Sources and Categorization
3.4 Market Estimation and Forecast Methodology
3.5 Data Triangulation

4 Industry Analysis
4.1 Global Next-Generation Surgical Robotics Market Overview
4.2 Product Analysis
4.3 Regulatory Scenario
4.3.1 U.S.
4.3.2 Europe
4.3.2.1 Impact of the EU’s Medical Device Regulations (MDR)
4.3.2.1.1 Expansion of Product Scope
4.3.2.1.2 Reclassification of Medical Devices as per Associated Risk, Contact Duration, and Invasiveness
4.3.2.1.3 More Supportive Clinical Investigations for Class III and Implantable Medical Devices
4.3.2.1.4 Dedicated Personal for MDR Compliance
4.3.2.1.5 More Emphasis on Post-Market Surveillance
4.3.2.1.6 Requirement of Common Specifications
4.3.2.1.7 Implementation of a Unique Device Identification (UDI) Mechanism
4.3.3 Japan
4.3.4 China
4.4 Key Enabling Technologies
4.4.1 Haptics: Re-Establishing the Lost Connect Between Surgeon and Patient
4.4.2 Artificial Intelligence: A Technological Paradigms in Surgical Robotics
4.5 Case Studies of Few Novel Concepts
4.6 Patent Analysis
4.6.1 Patent Filing Trend
4.6.2 Patent Filing Trend, by Technology
4.6.3 Patent Filing Trend, by Country
4.6.4 CPC Codes
4.6.5 Patent Landscape – Miniaturized Surgical Robotics
4.6.5.1 Miniaturized Surgical Robotics Patent Filing Trend, by Year
4.6.5.2 Miniaturized Surgical Robotics Patent Filing Trend, by Company
4.6.5.3 Miniaturized Surgical Robotics Patent Filing Trend, by Country
4.6.5.4 Miniaturized Surgical Robotics – CPC Codes
4.6.6 Patent Landscape – Autonomous Surgical Robotics
4.6.6.1 Autonomous Surgical Robotics Patent Filing Trend, by Year
4.6.6.2 Autonomous Surgical Robotics Patent Filing Trend, by Company
4.6.6.3 Autonomous Surgical Robotics Patent Filing Trend, by Country
4.6.6.4 Autonomous Surgical Robotics – CPC Codes
4.6.7 Patent Landscape – Teleoperated Surgical Robotics
4.6.7.1 Teleoperated Surgical Robotics Patent Filing Trend, by Year
4.6.7.2 Teleoperated Surgical Robotics Patent Filing Trend, by Country
4.6.7.3 Teleoperated Surgical Robotics – CPC Codes
4.6.8 Key Innovative Patents
4.6.8.1 Key Patents Filed by Key Companies in the Market
4.6.8.2 Key Patents Filed by Companies Currently Not in the Market

5 Competitive Landscape
5.1 Key Developments and Strategies
5.1.1 Partnerships, Alliances, and Business Expansions Activities
5.1.2 Funding Activities
5.1.3 Regulatory and Legal
5.1.4 Mergers and Acquisitions
5.1.5 New Offerings
5.2 Market Share Analysis
5.3 Growth Share Analysis

6 Global Next-Generation Surgical Robotics Market Scenario
6.1 Limitations and Assumptions
6.2 Key Findings
6.3 Potential Opportunities
6.3.1 Development of Low-Cost Next-Generation Surgical Systems
6.3.2 Development of Surgical Simulators for Training
6.4 Market Dynamics
6.4.1 Overview
6.4.2 Impact Analysis
6.4.3 Market Drivers
6.4.3.1 Rising Prevalence of Chronic Disorders Inciting the Use of Robotic-Assisted Surgeries
6.4.3.2 Elevating Elderly Population: A Shifting Trend Toward More Minimally Invasive Surgeries
6.4.3.3 Increasing Healthcare Expenditure in Developing Countries Expected to Increase Uptake of Next-Generation Surgical Robotics Technologies
6.4.3.4 Increasing Demand for Minimally Invasive Surgeries Signifies the Need for Next-Generation Surgical Robotics
6.4.3.5 Low Cost of Next-Generation Surgical Robotic Platforms
6.4.4 Market Restraints
6.4.4.1 Lack of Skilled Professionals
6.4.4.2 Restrictive Reimbursement Framework

7 Global Next-Generation Surgical Robotics Market (by Technology), 2019-2030
7.1 Market Overview
7.2 Miniaturized Surgical Robotics
7.2.1 Advantages - Miniaturized Surgical Robotics
7.2.2 Miniaturized Surgical Robotics, by Product Type
7.3 Autonomous Surgical Robotics
7.3.1 Advantages - Autonomous Surgical Robotics
7.3.2 Autonomous Surgical Robotics (by Product Type)
7.4 Teleoperated Surgical Robotics
7.4.1 Advantages – Teleoperated Surgical Robotics
7.4.2 Teleoperated Surgical Robotics (by Product Type)

8 Global Next-Generation Surgical Robotics Market (by Application), 2019-2030
8.1 Market Overview
8.2 General Surgery
8.2.1 General Surgery (by Product Type)
8.2.2 General Surgery (by Technology)
8.3 Urology Surgery
8.3.1 Urology Surgery (by Product Type)
8.3.2 Urology Surgery (by Technology)
8.4 Aesthetic Surgery
8.4.1 Aesthetic Surgery (by Product Type)
8.4.2 Aesthetic Surgery (by Technology)
8.5 Cardiology Surgery
8.5.1 Cardiology Surgery (by Product Type)
8.5.2 Cardiology Surgery (by Technology)
8.6 Gynecology Surgery
8.6.1 Gynecology Surgery (by Product Type)
8.7 Neurology Surgery
8.7.1 Neurology Surgery (by Product Type)
8.7.2 Neurology Surgery (by Technology)

9 Global Next-Generation Surgical Robotics Market (by Region), 2019-2030
9.1 Market Overview
9.2 Market Attractiveness Analysis (by Region)
9.3 North America
9.3.1 Market Overview
9.3.2 Market Dynamics
9.3.3 North America Next-Generation Surgical Robotics Market (by Product Type)
9.3.4 North America Next-Generation Surgical Robotics Market (by Technology)
9.3.5 North America Next-Generation Surgical Robotics Market (by Country)
9.3.5.1 U.S.
9.3.5.1.1 U.S. Next-Generation Surgical Robotics Market (by Product Type)
9.3.5.1.2 U.S. Next-Generation Surgical Robotics Market (by Technology)
9.3.5.2 Canada
9.3.5.2.1 Canada Next-Generation Surgical Robotics Market (by Product Type)
9.3.5.2.2 Canada Next-Generation Surgical Robotics Market (by Technology)
9.4 Europe
9.4.1 Market Overview
9.4.2 Market Dynamics
9.4.3 Europe Next-Generation Surgical Robotics Market (by Product Type)
9.4.4 Europe Next-Generation Surgical Robotics Market (by Technology)
9.4.5 Europe Next-Generation Surgical Robotics Market (by Country)
9.4.5.1 Germany
9.4.5.1.1 Germany Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.1.2 Germany Next-Generation Surgical Robotics Market (by Technology)
9.4.5.2 U.K.
9.4.5.2.1 U.K. Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.2.2 U.K. Next-Generation Surgical Robotics Market (by Technology)
9.4.5.3 France
9.4.5.3.1 France Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.3.2 France Next-Generation Surgical Robotics Market (by Technology)
9.4.5.4 Italy
9.4.5.4.1 Italy Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.4.2 Italy Next-Generation Surgical Robotics Market (by Technology)
9.4.5.5 Spain
9.4.5.5.1 Spain Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.5.2 Spain Next-Generation Surgical Robotics Market (by Technology)
9.4.5.6 Switzerland
9.4.5.6.1 Switzerland Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.6.2 Switzerland Next-Generation Surgical Robotics Market (by Technology)
9.4.5.7 Netherlands
9.4.5.7.1 Netherlands Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.7.2 Netherlands Next-Generation Surgical Robotics Market (by Technology)
9.4.5.8 Rest-of-Europe
9.4.5.8.1 Rest-of-Europe Next-Generation Surgical Robotics Market (by Product Type)
9.4.5.8.2 Rest-of-Europe Next-Generation Surgical Robotics Market (by Technology)
9.5 Asia-Pacific
9.5.1 Market Overview
9.5.2 Market Dynamics
9.5.3 Asia-Pacific Next-Generation Surgical Robotics Market (by Product Type)
9.5.4 Asia-Pacific Next-Generation Surgical Robotics Market (by Technology)
9.5.5 Asia-Pacific Next-Generation Surgical Robotics Market (by Country)
9.5.5.1 Japan
9.5.5.1.1 Japan Next-Generation Surgical Robotics Market (by Product Type)
9.5.5.1.2 Japan Next-Generation Surgical Robotics Market (by Technology)
9.5.5.2 China
9.5.5.2.1 China Next-Generation Surgical Robotics Market (by Product Type)
9.5.5.2.2 China Next-Generation Surgical Robotics Market (by Technology)
9.5.5.3 India
9.5.5.3.1 India Next-Generation Surgical Robotics Market (by Product Type)
9.5.5.3.2 India Next-Generation Surgical Robotics Market (by Technology)
9.5.5.4 Australia & New Zealand
9.5.5.4.1 Australia & New Zealand Next-Generation Surgical Robotics Market (by Product Type)
9.5.5.4.2 Australia & New Zealand Next-Generation Surgical Robotics Market (by Technology)
9.5.5.5 South Korea
9.5.5.5.1 South Korea Next-Generation Surgical Robotics Market (by Product Type)
9.5.5.5.2 South Korea Next-Generation Surgical Robotics Market (by Technology)
9.5.5.6 Singapore
9.5.5.6.1 Singapore Next-Generation Surgical Robotics Market (by Product Type)
9.5.5.6.2 Singapore Next-Generation Surgical Robotics Market (by Technology)
9.5.5.7 Rest-of-Asia-Pacific
9.5.5.7.1 Rest-of-Asia-Pacific Next-Generation Surgical Robotics Market (by Product Type)
9.5.5.7.2 Rest-of-Asia-Pacific Next-Generation Surgical Robotics Market (by Technology)
9.6 Rest-of-the-World
9.6.1 Market Overview
9.6.2 Market Dynamics
9.6.3 Rest-of-the-World Next-Generation Surgical Robotics Market (by Product Type)
9.6.4 Rest-of-World Next-Generation Surgical Robotics Market (by Technology)

10 Company Profiles
10.1 Overview
10.2 Activ Surgical, Inc.
10.2.1 Company Overview
10.2.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.2.3 Product Roadmap
10.2.4 Revenue Estimation
10.2.5 SWOT Analysis
10.3 AVRA Medical Robotics, Inc.
10.3.1 Company Overview
10.3.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.3.3 Revenue Estimation
10.3.4 SWOT Analysis
10.4 CMR Surgical Limited
10.4.1 Company Overview
10.4.2 Role of the Company in Next-Generation Surgical Robotics Market
10.4.3 Revenue Estimation
10.4.4 SWOT Analysis
10.5 Corindus Vascular Robotics, Inc. (Siemens Healthineers AG)
10.5.1 Company Overview
10.5.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.5.3 Revenue Estimation
10.5.4 Financials
10.5.5 SWOT Analysis
10.6 Memic Innovative Surgery Ltd.
10.6.1 Company Overview
10.6.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.6.3 Revenue Estimation
10.6.4 SWOT Analysis
10.7 Microbot Medical, Inc.
10.7.1 Company Overview
10.7.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.7.3 Revenue Estimation
10.7.4 SWOT Analysis
10.8 PROCEPT BioRobotics Corporation
10.8.1 Company Overview
10.8.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.8.3 Revenue Estimation
10.8.4 SWOT Analysis
10.9 Vicarious Surgical, Inc.
10.9.1 Company Overview
10.9.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.9.3 Revenue Estimation
10.9.4 SWOT Analysis
10.1 Virtual Incision Corporation
10.10.1 Company Overview
10.10.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.10.3 Revenue Estimation
10.10.4 SWOT Analysis
10.11 Virtuoso Surgical, Inc.
10.11.1 Company Overview
10.11.2 Role of the Company in the Next-Generation Surgical Robotics Market
10.11.3 Revenue Estimation
10.11.4 SWOT Analysis

List of Tables
Table 4.1: Product Portfolio of Next-Generation Surgical Robotic Platforms
Table 4.2: Medical Device Classification and Pre-Marketing Procedures in Japan
Table 4.3: MiroSurge Surgical Robot
Table 4.4: Smart Autonomous Robotic Assistant Surgeon (SARAS) Project
Table 4.5: Axis Medical Robotic Concept
Table 4.6: CPC Codes for Next-Generation Surgical Robotics
Table 4.7: Details of 20190059868
Table 4.8: Details of WO/2019/150369
Table 4.9: Details of 20140018684
Table 4.10: Details of 2578791
Table 4.11: Details of 20200110936
Table 4.12: Details of WO/2020/140044
Table 4.13: Details of WO/2020/140056
Table 4.14: Details of WO/2020/081651
Table 4.15: Details of WO/2020/018931
Table 4.16: Details of 20170231655
Table 4.17: Details of 20180206922
Table 4.18: Details of WO/2019/222641
Table 4.19: Details of 201706827
Table 4.20: Details of WO/2020/075501
Table 4.21: Details of 20190231450
Table 4.22: Details of 107496031
Table 4.23: Details of 20140296870
Table 4.24: Details of WO/2012/078989
Table 5.1: List of Key Players with Funding, January 2016-June 2020
Table 6.1: Impact Analysis: Market Drivers
Table 6.2: Impact Analysis: Market Restraints
Table 6.3: Number and Distribution of Persons Aged 60 Years or Over (by Region), 2017 and 2050
Table 8.1: Global Next-Generation Surgical Robotics Market (by Application),  2019-2030
Table 9.1: Global Next-Generation Surgical Robotics Market (by Region), 2019-2030
Table 9.2: North America Macro-Economic Factors, 2016-2022
Table 9.3: Europe Macro-Economic Factors, 2016-2022
Table 9.4: Asia-Pacific Macro-Economic Factors, 2016-2022

List of Figures
Figure 1: Global Next-Generation Surgical Robotics Market Snapshot (2019, 2023, 2026, and 2030)
Figure 2: Market Dynamics: Impact Analysis
Figure 3: Market Player Snapshot
Figure 4: Global Next-Generation Surgical Robotics Market (by Region),  2019 and 2030
Figure 5: Global Next-Generation Surgical Robotics Market (by Technology), 2019, 2025, and 2030
Figure 6: Global Next-Generation Surgical Robotics Market (by Product), 2019, 2025, and 2030
Figure 7: Global Next-Generation Surgical Robotics Market (by Application), 2019, 2025, and 2030
Figure 8: Global Conventional Surgical Robotics Market (2019, 2023, 2026, and 2030)
Figure 3.1: Research Methodology
Figure 3.2: Primary Research
Figure 3.3: Secondary Research
Figure 3.4: Data Triangulation
Figure 3.5: Bottom-Up Approach
Figure 4.1: Global Next-Generation Surgical Robotics Market Potential, 2019-2030
Figure 4.2: Technology Differentiation – Next-Generation Surgical Robotics
Figure 4.3: Regulatory Process for Medical Devices in the U.S.
Figure 4.4: MDR Transitional Provisions (EU)
Figure 4.5: Timeline and Impact of MDR (EU)
Figure 4.6: Regulatory Process for Medical Devices in European Union
Figure 4.7: Haptics - Overview and Patent Landscape
Figure 4.8: Impact - Convergence of AI and Surgical Robotics
Figure 4.9: Patent Filing Trend (by Year), January 2006-June 2020
Figure 4.10: Percentage of Patent Filed in Different Technological Area, January 2006-June 2020
Figure 4.11: Patent Filing Trend (by Country), January 2006-June 2020
Figure 4.12: Miniaturized Surgical Robotics Patent Filing Trend (by Year), January 2006-June 2020
Figure 4.13: Miniaturized Surgical Robotics Patent Filing Trend (by Company), January 2006-June 2020
Figure 4.14: Miniaturized Surgical Robotics Patent Filing Trend (by Country), January 2006-June 2020
Figure 4.15: Autonomous Surgical Robotics Patent Filing Trend (by Year), January 2006-June 2020
Figure 4.16: Autonomous Surgical Robotics Patent Filing Trend (by Company), January 2006-June 2020
Figure 4.17: Autonomous Surgical Robotics Patent Filing Trend (by Country), January 2006-June 2020
Figure 4.18: Teleoperated Surgical Robotics Patent Filing Trend (by Year), January 2006-June 2020
Figure 4.19: Teleoperated Surgical Robotics Patent Filing Trend (by Country), January 2006-June 2020
Figure 5.1: Share of Key Developments & Strategies (by Category), January 2016-June 2020
Figure 5.2: Share of Key Developments & Strategies (by Year), January 2016- June 2020
Figure 5.3: Share of Key Developments & Strategies (by Partnerships, Alliances, and Business Expansions), January 2016-June 2020
Figure 5.4: Share of Key Developments & Strategies (by Regulatory and Legal), January 2016-June 2020
Figure 5.5: Market Share Analysis, 2019 and 2030
Figure 5.6: Growth Share Analysis (by Company), 2026-2030
Figure 6.1: Market Potential:
Figure 6.2: Market Dynamics
Figure 6.3: Rapidly Increasing Patient Pool of Chronic Disorder in U.S., 1995-2030
Figure 6.4: Change in Annual Growth Rate in the Total Healthcare Expenditure  (2000-2016)
Figure 6.5: Global Surgeries Volume, 2019 and 2030
Figure 6.6: Average Quoted Prices: da Vinci Surgical Robot Models (2014 –2015)
Figure 6.7: Factors Contributing to Adverse Events in Robotic-Assisted Surgical Procedures
Figure 7.1: Global Next-Generation Surgical Robotics Market Segmentation (by Technology)
Figure 7.2: Global Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 7.3: Global Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 7.4: Miniaturization of Surgical Robotics will Enable High Degrees of Freedom and Lower Surgical Incision
Figure 7.5: Global Next-Generation Surgical Robotics Market (by Miniaturized Surgical Robotics), 2019-2030
Figure 7.6: Global Miniaturized Surgical Robotics Market (by Product Type),  2019-2030
Figure 7.7: Technologial Evolution of Surgical Robotics (MIS)
Figure 7.8: Global Next-Generation Surgical Robotics Market (by Autonomous Surgical Robotics), 2019-2030
Figure 7.9: Out-Patient and In-Patients Surgical Volume (U.S.), 2018
Figure 7.10: Global Autonomous Surgical Robotics Market (by Product Type),  2019-2030
Figure 7.11: Overview of Telesurgery Workflow
Figure 7.12: Telesurgery: Bridging the Gap Associated with Healthcare Accessibility
Figure 7.13: Global Next-Generation Surgical Robotics Market (by Teleoperated Surgical Robotics), 2019-2030
Figure 7.14: Global Teleoperated Surgical Robotics Market (by Product Type),  2019-2030
Figure 8.1: Company Snapshot based on Surgical Application
Figure 8.2: Global Next-Generation Surgical Robotics Market (by General Surgery), 2019-2030
Figure 8.3: Global Next-Generation Surgical Robotics Market (General Surgery) (by Product Type), 2019-2030
Figure 8.4: Global Next-Generation Surgical Robotics Market (General Surgery) (by Technology), 2019-2030
Figure 8.5: Global Next-Generation Surgical Robotics Market (by Urology Surgery), 2019-2030
Figure 8.6: Global Next-Generation Surgical Robotics Market (Urology Surgery) (by Product Type), 2019-2030
Figure 8.7: Global Next-Generation Surgical Robotics Market (Urology Surgery) (by Technology), 2019-2030
Figure 8.8: Global Next-Generation Surgical Robotics Market (by Aesthetic Surgery), 2019-2030
Figure 8.9: Global Next-Generation Surgical Robotics Market (Aesthetic Surgery) (by Product Type), 2019-2030
Figure 8.10: Global Next-Generation Surgical Robotics Market (Aesthetic Surgery) (by Technology), 2019-2030
Figure 8.11: Global Next-Generation Surgical Robotics Market (by Cardiology Surgery), 2019-2030
Figure 8.12: Global Next-Generation Surgical Robotics Market (Cardiology Surgery) (by Product Type), 2019-2030
Figure 8.13: Global Next-Generation Surgical Robotics Market (Cardiology Surgery) (by Technology), 2019-2030
Figure 8.14: Global Next-Generation Surgical Robotics Market (by Gynecology Surgery), 2019-2030
Figure 8.15: Global Next-Generation Surgical Robotics Market (Gynecology Surgery) (by Product Type), 2019-2030
Figure 8.16: Global Next-Generation Surgical Robotics Market (by Neurology Surgery), 2019-2030
Figure 8.17: Global Next-Generation Surgical Robotics Market (Neurology Surgery) (by Product Type), 2019-2030
Figure 8.18: Global Next-Generation Surgical Robotics Market (Neurology Surgery) (by Technology), 2019-2030
Figure 9.1: Global Next-Generation Surgical Robotics Market Scenario (by Region)
Figure 9.2: Market Attractiveness Analysis (by Region), 2019
Figure 9.3: North America Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.4: North America Market Dynamics
Figure 9.5: North America Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.6: North America Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.7: U.S. Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.8: U.S. Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.9: U.S. Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.10: Canada Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.11: Canada Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.12: Canada Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.13: Europe Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.14: Europe Market Dynamics
Figure 9.15: Europe Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.16: Europe Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.17: Germany Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.18: Germany Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.19: Germany Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.20: U.K. Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.21: U.K. Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 9.22: U.K. Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 9.23: France Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.24: France Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 9.25: France Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 9.26: Italy Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.27: Italy Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 9.28: Italy Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 9.29: Spain Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.30: Spain Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 9.31: Spain Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 9.32: Switzerland Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.33: Switzerland Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.34: Switzerland Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.35: Netherlands Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.36: Nethlerlands Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.37: Netherlands Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.38: Rest-of-Europe Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.39: Rest-of-Europe Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.40: Rest-of-Europe Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.41: Asia-Pacific Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.42: Asia-Pacific Market Dynamics
Figure 9.43: Asia-Pacific Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.44: Asia-Pacific Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.45: Japan Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.46: Japan Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 9.47: Japan Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 9.48: China Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.49: China Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 9.50: China Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 9.51: India Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.52: India Next-Generation Surgical Robotics Market (by Product Type),  2019-2030
Figure 9.53: India Next-Generation Surgical Robotics Market (by Technology),  2019-2030
Figure 9.54: Australia & New Zealand Next-Generation Surgical Robotics Market,  2019-2030
Figure 9.55: Australia & New Zealand Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.56: Australia & New Zealand Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.57: South Korea Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.58: South Korea Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.59: South Korea Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.60: Singapore Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.61: Singapore Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.62: Singapore Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.63: Rest-of-Asia-Pacific Next-Generation Surgical Robotics Market,  2019-2030
Figure 9.64: Rest-of-Asia-Pacific Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.65: Rest-of-Asia-Pacific Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 9.66: Rest-of-the-World Next-Generation Surgical Robotics Market, 2019-2030
Figure 9.67: Rest-of-the-World Market Dynamics
Figure 9.68: Rest-of-the-World Next-Generation Surgical Robotics Market (by Product Type), 2019-2030
Figure 9.69: Rest-of-World Next-Generation Surgical Robotics Market (by Technology), 2019-2030
Figure 10.1: Total Number of Companies Profiled
Figure 10.2: Activ Surgical, Inc.: Product Roadmap
Figure 10.3: Activ Surgical, Inc.: Revenue Estimation (2019-2030)
Figure 10.4: Activ Surgical, Inc.: Revenue Estimation (by Product Type), 2023 and 2030
Figure 10.5: AVRA Medical Robotics, Inc.: Revenue Estimation (2019-2030)
Figure 10.6: AVRA Medical Robotics, Inc.: Revenue Estimation (by Product Type), 2023 and 2030
Figure 10.7: CMR Surgical Limited: Revenue Estimation (2019-2030)
Figure 10.8: CMR Surgical Limited: Revenue Estimation (by Product Type),  2019 and 2030
Figure 10.9: Corindus Vascular Robotics, Inc.: Revenue Estimation, 2019-2030
Figure 10.10: Corindus Vascular Robotics, Inc.: Revenue Estimation (by Product Type), 2026 and 2030
Figure 10.11: Corindus Vascular Robotics, Inc.: Overall Financials ($Million),  2016-2018
Figure 10.12: Corindus Vascular Robotics, Inc.: Net Revenue (by Product Category), 2016-2018
Figure 10.13: Corindus Vascular Robotics, Inc.: Net Revenue (by Region), 2016-2018
Figure 10.14: Memic Innovative Surgery Ltd.: Revenue Estimation (2019-2030)
Figure 10.15: Memic Innovative Surgery Ltd.: Revenue Estimation (by Product Type), 2022 and 2030
Figure 10.16: Microbot Medical, Inc.: Revenue Estimation (2019-2030)
Figure 10.17: Microbot Medical, Inc.: Revenue Estimation (by Product Type),  2022 and 2030
Figure 10.18: PROCEPT BioRobotics Corporation: Revenue Estimation (2019-2030)
Figure 10.19: PROCEPT BioRobotics Corporation: Revenue Estimation (by Product Type), 2019 and 2030
Figure 10.20: Vicarious Surgical, Inc.: Revenue Estimation (2019-2030)
Figure 10.21: Vicarious Surgical, Inc.: Revenue Estimation (by Product Type), 2024 and 2030
Figure 10.22: Virtual Incision Corporation: Revenue Estimation, 2019-2030
Figure 10.23: Virtual Incision Corporation: Revenue Estimation (by Product Type), 2022 and 2030
Figure 10.24: Virtuoso Surgical, Inc.: Revenue Estimation (2019-2030)
Figure 10.25: Virtuoso Surgical, Inc.: Revenue Estimation (by Product Type), 2023 and 2030

Note: Product cover images may vary from those shown

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FEATURED COMPANIES

  • Activ Surgical, Inc.
  • CMR Surgical Limited
  • Microbot Medical, Inc.
  • Vicarious Surgical, Inc.
  • Virtuoso Surgical, Inc.

According to the market intelligence report titled "Global Next-Generation Surgical Robotics Market – Analysis and Forecast: 2020-2030," the global next-generation surgical robotics market is anticipated to witness a significant CAGR of 44.6% in the forecast period 2020-2030, driven by the rising awareness about precision care surgical delivery coupled with increasing cases of chronic diseases, the market is expected to grow up to $884.5 million by the end of 2030.

Today, the surgical medical specialty is robustly developed to offer an in-depth and accurate clinical outcome for patients and providers and enhance the surgical workflow patterns for healthcare systems. Currently, the healthcare system is adopting advanced technologies that are more informed and connected than earlier times. One such technology is the next-generation surgical robotics, which offers a safer surgical procedure by making it accurate and minimally invasive for patients. Next-generation surgical robotic technologies are becoming the most lucrative opportunities for companies, as many companies can be seen coming up with their focus only on developing a prototype.

The healthcare sector landscape is changing tremendously, with rapidly evolving technologies, next-generation surgical robotics is likely to be delivered on real-time networks in the near future. From the industry perceptive, technological advancements in surgical robotics include reducing the size of capital equipment, introducing full autonomous platforms, and utilizing surgical robotics for long-distance telesurgery. The market for next-generation surgical robotics is anticipated to grow at a robust pace due to the lucrative opportunities that lie within its domain, which include a massive scope for phenomenal profits through venturous investments, integrative industry-academia collaboration, and the rise of advanced robotic technologies. As the early adopter of advanced technologies, the U.S. is the primary target market by the key players in the market, to explore the untapped potential of the next-generation surgical robotics market.

Moreover, several start-up organizations and research institutions are granted a different funding type to increase their product development process. From January 2016-June 2020, the global next-generation surgical robotics market witnessed approximately 11 funding activities, eight partnerships, alliances, and business expansions, three regulatory and legal developments, two mergers and acquisitions, and one new offering.

According to Aditya Singh, Senior Analyst, "The miniaturized surgical robotics segment is the fastest-growing segment of the next-generation surgical robotics market during 2020-2030. The technology is anticipated to grow at an impressive CAGR of 49.0% during 2020-2030."

Research Highlights:

The market contributors for next-generation surgical robotics predominantly prefer synergistic activities, such as partnerships and collaborations, to strengthen their product development and commercialization processes. Moreover, many key players are collaborating with academic research institutes to gain expertise in the technology.
The global next-generation surgical robotics market specific to the application (general surgery) is anticipated to witness a notable CAGR of 52.2% during the forecast period, 2020-2030.  

This market intelligence report provides a multidimensional view of the global next-generation surgical robotics market in terms of market size and growth potential. This research report aims to answer various aspects of the tissue imaging market with the help of the key factors driving the market, threats that can inhibit the overall market growth, and the current growth opportunities that will shape the future trajectory of market expansion.

Furthermore, the competitive landscape chapter in the report illustrates the competitive nature of the global market. It enables the reader to get acquainted with the recent market activities such as business portfolio expansions, partnerships, and acquisitions. The research report provides a comprehensive analysis of the service sales, and manufacturers and trend analysis by segments, such as technology, product type, application, and region.

This report is a meticulous compilation of research on ten players in the market ecosystem. It draws upon insights from in-depth interviews with the key opinion leaders of the leading companies, market participants, and vendors. The report also profiles ten companies, including key players, i.e., Activ Surgical, Inc., AVRA Medical Robotics, Inc., CMR Surgical Ltd., Corindus Vascular Robotics, Inc. (Siemens Healthineers AG), Memic Innovative Surgery Ltd., Microbot Medical, Inc., PROCEPT BioRobotics Corporation, Vicarious Surgical Inc., Virtual Incision Corporation, and Virtuoso Surgical, Inc.

Note: Product cover images may vary from those shown
  • AVRA Medical Robotics, Inc.
  • Activ Surgical, Inc.
  • CMR Surgical Limited
  • Corindus Vascular Robotics, Inc. (Siemens Healthineers AG)
  • Memic Innovative Surgery Ltd.
  • Microbot Medical, Inc.
  • PROCEPT BioRobotics Corporation
  • Vicarious Surgical, Inc.
  • Virtual Incision Corporation
  • Virtuoso Surgical, Inc.
Note: Product cover images may vary from those shown
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