+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Surgical Robots Market based on Product and Service, Application, End User, and Geography-Global Forecast to 2027

  • PDF Icon

    Report

  • 86 Pages
  • May 2021
  • Region: Global
  • IHR Insights
  • ID: 5446352
10% Free customization
Description Jump to:
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
One of the substantial factors driving the market growth is the rising prevalence of neurological disorders around the globe. Apart from this, the increasing elderly population, which is more prone to medical illnesses, is also responsible for the market growth. Moreover, the rising preference for MI procedures by both patients and healthcare providers coupled with the extensive usage of these robots for performing surgeries boosts the market growth significantly. However, the huge costs of the surgical robots might restrict the surgical robot's market growth. The Surgical Robots Market is projected to grow at the rate of 17.5% CAGR by 2027. Surgical robots are defined as computer-managed machines used for performing minimally invasive and laparoscopic surgeries. These robots comprise a magnifying high-definition 3-D camera mounted on the tip of the robotic arm, which offers a precise representation of the body parts. They copy the surgeons' hand movements and use miniaturized surgical instruments that can fit through small openings they can perform complicated surgeries.

Surgical Robots Market based on Product and Service


  • Instruments and Accessories
  • Robotic Systems
  • Services

Surgical Robots Market based on Application


  • General Surgery
  • Gynecological Surgery
  • Urological Surgery
  • Neurosurgery
  • Orthopedic Surgery
  • Other Applications

Surgical Robots Market based on End-User


  • Hospitals
  • Ambulatory Surgery Centers

Surgical Robots Market based on Geography


  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

As per the surgical robots market by product and service, the robotic systems segment has the highest share. The highest share is owing to its increasing demand in hospitals that provides surgical procedures for critical conditions. Also, increasing preference for minimally invasive surgery has fostered the demand for robotic systems. Recently introduced surgical robots enable surgeons to have unprecedented control in minimally invasive surgeries and minimize surgical errors that enhance segment growth.

Based on the application of surgical robots, these robots are primarily used in neurosurgery, which significantly contributes to the surgical robots market. This is due to the growing cases of neurological dysfunction, stroke, and brain aneurysm worldwide. Utilizing robotic operating systems to enhance the accuracy, control, and agility of surgical procedures to provide patients with a higher quality of operating interventions will further spike the segment revenue.

The end-users of the surgical robots include hospitals and ambulatory surgery centers. Among which the hospital segment held a significant share in the surgical robots market. The major share is attributed to the rising number of surgical procedures globally. An increase in chronic diseases and trauma cases has elevated the demand for surgical robots in hospitals that offer surgeries for chronic diseases. Also, reimbursement for surgical procedures has surged the patient inflow in hospitals, thereby augmenting the segment size.

As in geography, the North American region has acquired a substantial share in the surgical robots market. The substantial share is ascribed to the high adoption of advanced surgical treatments and the increasing incidence of cardiovascular diseases, cancer, gynecological problems, and other diseases.

Technological advancements in surgical robots have positively impacted the global surgical robots market growth over a forecasted period. Companies introduced surgical robots which provide distinguishable performance during the surgeries by minimizing complexities. Recently introduced robots allow doctors and surgeons to perform complicated procedures with great flexibility and accuracy. Surgical robotic arms facilitate exceptional control over operations which drives its adoption among doctors.

This report provides the profiles of the leading vendors of the surgical robots market - Smith & Nephew, Mazor Robotics Ltd., Auris Health Inc., SRI International Inc., Corindus Vascular Robotics, Maxar Technologies Limited, Medrobotics Corporation, Stryker Corporation, Accuray Incorporated, and Transenterix Inc.

As a result, the rising number of complex surgeries has increased the prominence of surgical robots in the medical sector. The surgical robots play a prominent role in medical surgeries in the scenario of rising emphasis on the minimum invasive surgeries and rapid recovery.
  • This report analyzes and forecasts the market size of surgical robots and the drivers and challenges for the market.
  • The report classifies and forecasts the surgical robots market based on product and service, application, end-user, and geography.
  • Further examines the competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the surgical robots market.
  • This report identifies and analyzes the profiles of leading competitors operating in the surgical robots market.

Table of Contents

1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Product and Service: Market Size & Analysis
5.1. Overview
5.2. Instruments and Accessories
5.3. Robotic Systems
5.4. Services
6. Application: Market Size & Analysis
6.1. Overview
6.2. General Surgery
6.3. Gynecological Surgery
6.4. Urological Surgery
6.5. Neurosurgery
6.6. Orthopedic Surgery
6.7. Other Applications
7. End-User: Market Size & Analysis
7.1. Overview
7.2. Hospitals
7.3. Ambulatory Surgery Centers
8. Geography: Market Size & Analysis
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. Rest of the World
9. Competitive Landscape
9.1. Competitor Comparison Analysis
9.2. Market Developments
9.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
9.2.2. Product Launches and execution
10. Vendor Profiles
10.1. Smith & Nephew
10.1.1. Overview
10.1.2. Financial Overview
10.1.3. Product Offerings
10.1.4. Developments
10.1.5. Business Strategy
10.2. Mazor Robotics Ltd.
10.2.1. Overview
10.2.2. Financial Overview
10.2.3. Product Offerings
10.2.4. Developments
10.2.5. Business Strategy
10.3. Auris Health Inc.
10.3.1. Overview
10.3.2. Financial Overview
10.3.3. Product Offerings
10.3.4. Developments
10.3.5. Business Strategy
10.4. SRI International Inc.
10.4.1. Overview
10.4.2. Financial Overview
10.4.3. Product Offerings
10.4.4. Developments
10.4.5. Business Strategy
10.5. Corindus Vascular Robotics
10.5.1. Overview
10.5.2. Financial Overview
10.5.3. Product Offerings
10.5.4. Developments
10.5.5. Business Strategy
10.6. Maxar Technologies Limited
10.6.1. Overview
10.6.2. Financial Overview
10.6.3. Product Offerings
10.6.4. Developments
10.6.5. Business Strategy
10.7. Medrobotics Corporation
10.7.1. Overview
10.7.2. Financial Overview
10.7.3. Product Offerings
10.7.4. Developments
10.7.5. Business Strategy
10.8. Stryker Corporation
10.8.1. Overview
10.8.2. Financial Overview
10.8.3. Product Offerings
10.8.4. Developments
10.8.5. Business Strategy
10.9. Accuray Incorporated
10.9.1. Overview
10.9.2. Financial Overview
10.9.3. Product Offerings
10.9.4. Developments
10.9.5. Business Strategy
10.10. Transenterix Inc.
10.10.1. Overview
10.10.2. Financial Overview
10.10.3. Product Offerings
10.10.4. Developments
10.10.5. Business Strategy
11. Analyst Opinion
12. Annexure
12.1. Report Scope
12.2. Market Definitions
12.3. Research Methodology
12.3.1. Data Collation and In-house Estimation
12.3.2. Market Triangulation
12.3.3. Forecasting
12.4. Report Assumptions
12.5. Declarations
12.6. Stakeholders
12.7. Abbreviations
List of Tables
Table 1. Global Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 2. Global Surgical Robots Market Value for Instruments And Accessories, by Geography, 2021-2027 (USD Billion)
Table 3. Global Surgical Robots Market Value for Robotic Systems, by Geography, 2021-2027 (USD Billion)
Table 4. Global Surgical Robots Market Value for Services, by Geography, 2021-2027 (USD Billion)
Table 5. Global Surgical Robots Market Value, by Application, by Geography, 2021-2027 (USD Billion)
Table 6. Global Surgical Robots Market Value for General Surgery, by Geography, 2021-2027 (USD Billion)
Table 7. Global Surgical Robots Market Value for Gynecological Surgery, by Geography, 2021-2027 (USD Billion)
Table 8. Global Surgical Robots Market Value for Urological Surgery, by Geography, 2021-2027 (USD Billion)
Table 9. Global Surgical Robots Market Value for Neurosurgery, by Geography, 2021-2027 (USD Billion)
Table 10. Global Surgical Robots Market Value for Orthopedic Surgery, by Geography, 2021-2027 (USD Billion)
Table 11. Global Surgical Robots Market Value for Other Applications, by Geography, 2021-2027 (USD Billion)
Table 12. Global Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 13. Global Surgical Robots Market Value for Hospitals, by Geography, 2021-2027 (USD Billion)
Table 14. Global Surgical Robots Market Value for Ambulatory Surgery Centers, by Geography, 2021-2027 (USD Billion)
Table 15. North America Surgical Robots Market Value, by Country, 2021-2027 (USD Billion)
Table 16. North America Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 17. North America Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 18. North America Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 19. U.S Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 20. U.S Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 21. U.S Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 22. Canada Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 23. Canada Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 24. Canada Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 25. Europe Surgical Robots Market Value, by Country, 2021-2027 (USD Billion)
Table 26. Europe Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 27. Europe Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 28. Europe Surgical Robots Market Value, End-User, 2021-2027 (USD Billion)
Table 29. Germany Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 30. Germany Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 31. Germany Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 32. U.K Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 33. U.K Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 34. U.K Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 35. France Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 36. France Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 37. France Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 38. Italy Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 39. Italy Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 40. Italy Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 41. Spain Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 42. Spain Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 43. Spain Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 44. Roe Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 45. Roe Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 46. Roe Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 47. Asia Pacific Surgical Robots Market Value, by Country, 2021-2027 (USD Billion)
Table 48. Asia Pacific Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 49. Asia Pacific Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 50. Asia Pacific Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 51. China Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 52. China Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 53. China Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 54. India Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 55. India Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 56. India Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 57. Japan Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 58. Japan Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 59. Japan Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 60. Rest of APAC Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 61. Rest of APAC Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 62. Rest of APAC Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 63. Rest of World Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Table 64. Rest of World Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Table 65. Rest of World Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Table 66. Smith & Nephew: Financials
Table 67. Smith & Nephew: Products & Services
Table 68. Smith & Nephew: Recent Developments
Table 69. Mazor Robotics Ltd: Financials
Table 70. Mazor Robotics Ltd: Products & Services
Table 71. Mazor Robotics Ltd: Recent Developments
Table 72. Auris Health Inc: Financials
Table 73. Auris Health Inc: Products & Services
Table 74. Auris Health Inc: Recent Developments
Table 75. Sri International Inc: Financials
Table 76. Sri International Inc: Products & Services
Table 77. Sri International Inc: Recent Developments
Table 78. Corindus Vascular Robotics: Financials
Table 79. Corindus Vascular Robotics: Products & Services
Table 80. Corindus Vascular Robotics: Recent Developments
Table 81. Maxar Technologies Limited: Financials
Table 82. Maxar Technologies Limited: Products & Services
Table 83. Maxar Technologies Limited: Recent Developments
Table 84. Medrobotics Corporation: Financials
Table 85. Medrobotics Corporation: Products & Services
Table 86. Medrobotics Corporation: Recent Developments
Table 87. Stryker Corporation: Financials
Table 88. Stryker Corporation: Products & Services
Table 89. Stryker Corporation: Recent Developments
Table 90. Accuray Incorporated: Financials
Table 91. Accuray Incorporated: Products & Services
Table 92. Accuray Incorporated: Recent Developments
Table 93. Transenterix Inc: Financials
Table 94. Transenterix Inc: Products & Services
Table 95. Transenterix Inc: Recent Developments
List of Figures
Chart. 1. Global Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 2. Global Surgical Robots Market Value for Instruments And Accessories, by Geography, 2021-2027 (USD Billion)
Chart 3. Global Surgical Robots Market Value for Robotic Systems, by Geography, 2021-2027 (USD Billion)
Chart 4. Global Surgical Robots Market Value for Services, by Geography, 2021-2027 (USD Billion)
Chart 5. Global Surgical Robots Market Value, by Application, by Geography, 2021-2027 (USD Billion)
Chart 6. Global Surgical Robots Market Value for General Surgery, by Geography, 2021-2027 (USD Billion)
Chart 7. Global Surgical Robots Market Value for Gynecological Surgery, by Geography, 2021-2027 (USD Billion)
Chart 8. Global Surgical Robots Market Value for Urological Surgery, by Geography, 2021-2027 (USD Billion)
Chart 9. Global Surgical Robots Market Value for Neurosurgery, by Geography, 2021-2027 (USD Billion)
Chart 10. Global Surgical Robots Market Value for Orthopedic Surgery, by Geography, 2021-2027 (USD Billion)
Chart 11. Global Surgical Robots Market Value for Other Applications, by Geography, 2021-2027 (USD Billion)
Chart 12. Global Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 13. Global Surgical Robots Market Value for Hospitals, by Geography, 2021-2027 (USD Billion)
Chart 14. Global Surgical Robots Market Value for Ambulatory Surgery Centers, by Geography, 2021-2027 (USD Billion)
Chart 15. North America Surgical Robots Market Value, by Country, 2021-2027 (USD Billion)
Chart 16. North America Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 17. North America Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 18. North America Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 19. U.S Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 20. U.S Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 21. U.S Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 22. Canada Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 23. Canada Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 24. Canada Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 25. Europe Surgical Robots Market Value, by Country, 2021-2027 (USD Billion)
Chart 26. Europe Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 27. Europe Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 28. Europe Surgical Robots Market Value, End-User, 2021-2027 (USD Billion)
Chart 29. Germany Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 30. Germany Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 31. Germany Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 32. U.K Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 33. U.K Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 34. U.K Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 35. France Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 36. France Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 37. France Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 38. Italy Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 39. Italy Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 40. Italy Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 41. Spain Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 42. Spain Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 43. Spain Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 44. RoE Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 45. RoE Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 46. RoE Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 47. Asia Pacific Surgical Robots Market Value, by Country, 2021-2027 (USD Billion)
Chart 48. Asia Pacific Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 49. Asia Pacific Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 50. Asia Pacific Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 51. China Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 52. China Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 53. China Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 54. India Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 55. India Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 56. India Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 57. Japan Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 58. Japan Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 59. Japan Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 60. Rest of APAC Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 61. Rest of APAC Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 62. Rest of APAC Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)
Chart 63. Rest of World Surgical Robots Market Value, by Product And Service, 2021-2027 (USD Billion)
Chart 64. Rest of World Surgical Robots Market Value, by Application, 2021-2027 (USD Billion)
Chart 65. Rest of World Surgical Robots Market Value, by End-User, 2021-2027 (USD Billion)

Companies Mentioned

  • Smith & Nephew
  • Mazor Robotics Ltd.
  • Auris Health Inc.
  • SRI International Inc.
  • Corindus Vascular Robotics
  • Maxar Technologies Limited
  • Medrobotics Corporation
  • Stryker Corporation
  • Accuray Incorporated
  • Transenterix Inc

Related Topics

Related Reports

Surgical Robots Global Market Report 2024 - Product Image

Surgical Robots Global Market Report 2024

  • Report
  • 175 Pages
  • Global
From
AI-based Surgical Robots Global Market Report 2024 - Product Image

AI-based Surgical Robots Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Surgical Robots Market Report by Product, Application, End-User, and Region 2024-2032 - Product Image

Surgical Robots Market Report by Product, Application, End-User, and Region 2024-2032

  • Report
  • 148 Pages
  • Global
From
Global Surgical Robots Market Outlook, 2029 - Product Image

Global Surgical Robots Market Outlook, 2029

  • Report
  • 174 Pages
  • Global
From
Global Orthopedic Surgical Robots Market Size, Share & Trends Analysis Report by Application (Hip, Knee, Spine), End-use (Inpatient, Outpatient), Region (North America, Europe, APAC, MEA), and Segment Forecasts, 2024-2030 - Product Image

Global Orthopedic Surgical Robots Market Size, Share & Trends Analysis Report by Application (Hip, Knee, Spine), End-use (Inpatient, Outpatient), Region (North America, Europe, APAC, MEA), and Segment Forecasts, 2024-2030

  • Report
  • 100 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.