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Europe Surgical Robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component, Application, and End User

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    Report

  • 152 Pages
  • November 2022
  • Region: Europe
  • The Insight Partners
  • ID: 5701671
The surgical robots market in Europe is expected to grow from US$ 2,267.95 million in 2022 to US$ 5,059.11 million by 2028; it is estimated to grow at a CAGR of 14.3% from 2022 to 2028.

The surgical robots market players in Europe are focused on launching new products to expand their geographic reach and enhance capacities to cater to a greater than existing customer base. In October 2020, CMR Surgical announced the launch of its Versius Surgical Robotic System at Argenteuil Hospital, a leading public health center based near Paris, France. This announcement follows a competitive tender win for Versius, which has now been selected as a preferred surgical robotic system for minimal access surgery (MAS) by Resah. Resah is one of the largest public purchasing centers in the healthcare sector, which collaborates with more than 700 public and private nonprofit hospitals and medico-social and social centers. The CORI System uses surgeon-controlled robotics, and its modular design will enable it to be scaled across the orthopedic service line. The company is planning to manufacture 100 units of the multi-arm novel ‘Mantra’ surgical robotic system in 2021. Furthermore, the company has already invested ~ ₹ 300 crores and is planning to invest another ₹ 1,000 crores in boosting production. Moreover, according to a study conducted by CRM Surgical, it has been stated that ~6,000-6,500 robotic surgical systems have been installed in the last two decades. The installation is anticipated to surge during the forecast period owing to the growing development and innovations in the medical device industry. All these factors will contribute to the growth of the surgical robots market during the forecast period .

Market Overview

The surgical robots market in Europe is segmented into Germany, the UK, France, Italy, Spain, and the rest of Europe. The growth of the regional market is attributed to rising surgical procedures in Europe due to the increasing geriatric population. The geriatric population can be at a greater risk of prostate cancer, cardiovascular diseases, and orthopaedic-related problems, which increases the demand for surgical robots. Further, Europe is leading in the development of robotic surgery, particularly for lung cancer surgeries. Thus, all these factors contribute to the growth of the surgical robots market in Europe. The increasing application of robotic surgeries in orthopedics drives the market growth in Germany.

Europe Surgical Robots Market Segmentation

The Europe surgical robots market is segmented on the basis of component, application, end user, and country.
  • Based on component, the Europe 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 Europe 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 Europe 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 Europe surgical robots market is segmented into Germany, the UK, France, Italy, Spain, and the rest of Europe. Germany dominated the market share in 2022. Intuitive Surgical; Smith+Nephew; Johnson & Johnson Services, Inc.; Stryker; THINK Surgical; Zimmer Biomet; Medtronic; Siemens Healthineers AG; Asensus Surgical, Inc.; and Renishaw plc are among the leading companies operating in the Europe surgical robots market.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Surgical Robots Market- By Component
1.3.2 Europe Surgical Robots Market- By Application
1.3.3 Europe Surgical Robots Market- By End User
1.3.4 Europe Surgical Robots Market - By Country
2. Europe Surgical Robots Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Surgical Robots Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe - PEST Analysis
4.3 Expert Opinion
5. Europe Surgical Robots Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of Surgical Procedures
5.2 Market Restraints
5.2.1 High Price of Surgical Procedures and Installation
5.3 Market Opportunities
5.3.1 Developing Adoption of Robots-Assisted Surgery Systems
5.4 Future Trends
5.4.1 Expansion and Launch of Innovative Products
5.5 Impact Analysis
6. Surgical Robots Market - Europe Analysis
6.1 Europe Surgical Robots Market Revenue Forecast and Analysis
7. Europe Surgical Robots Market - by Component
7.1 Overview
7.2 Europe 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. Europe Surgical Robots Market - by Application
8.1 Overview
8.2 Europe 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. Europe Surgical Robots Market - by End User
9.1 Overview
9.2 Europe 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. Europe Surgical Robots Market - by Country
10.1 Europe Surgical Robots Market, Revenue and Forecast to 2028
10.1.1 Overview
10.1.2 Europe Surgical Robots Market, Revenue and Forecast to 2028, by Country (%)
10.1.2.1 Germany: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Germany: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.2 Germany: Surgical Robots Market, by Components, 2019-2028 (US$ Million)
10.1.2.1.3 Germany: Surgical Robots Market, by Application, 2019-2028 (US$ Million)
10.1.2.1.4 Germany: Surgical Robots Market, by End User, 2019-2028 (US$ Million)
10.1.2.2 UK: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 UK: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.2 UK: Surgical Robots Market, by Components, 2019-2028 (US$ Million)
10.1.2.2.3 UK: Surgical Robots Market, by Application, 2019-2028 (US$ Million)
10.1.2.2.4 UK: Surgical Robots Market, by End User, 2019-2028 (US$ Million)
10.1.2.3 France: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 France: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.2 France: Surgical Robots Market, by Components, 2019-2028 (US$ Million)
10.1.2.3.3 France: Surgical Robots Market, by Application, 2019-2028 (US$ Million)
10.1.2.3.4 France: Surgical Robots Market, by End User, 2019-2028 (US$ Million)
10.1.2.4 Italy: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 Italy: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.2 Italy: Surgical Robots Market, by Components, 2019-2028 (US$ Million)
10.1.2.4.3 Italy: Surgical Robots Market, by Application, 2019-2028 (US$ Million)
10.1.2.4.4 Italy: Surgical Robots Market, by End User, 2019-2028 (US$ Million)
10.1.2.5 Spain: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 Spain: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.2 Spain: Surgical Robots Market, by Components, 2019-2028 (US$ Million)
10.1.2.5.3 Spain: Surgical Robots Market, by Application, 2019-2028 (US$ Million)
10.1.2.5.4 Spain: Surgical Robots Market, by End User, 2019-2028 (US$ Million)
10.1.2.6 Rest of Europe: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Rest of Europe: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.2 Rest of Europe: Surgical Robots Market, by Components, 2019-2028 (US$ Million)
10.1.2.6.3 Rest of Europe: Surgical Robots Market, by Application, 2019-2028 (US$ Million)
10.1.2.6.4 Rest of Europe: Surgical Robots Market, by End User, 2019-2028 (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 THINK Surgical
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 Asensus Surgical, Inc.
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
12.10 Renishaw plc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Germany Surgical Robots Market, by Components - Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Surgical Robots Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Surgical Robots Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 4. UK Surgical Robots Market, by Components - Revenue and Forecast to 2028 (US$ Million)
Table 5. UK Surgical Robots Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. UK Surgical Robots Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 7. France Surgical Robots Market, by Components - Revenue and Forecast to 2028 (US$ Million)
Table 8. France Surgical Robots Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. France Surgical Robots Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Surgical Robots Market, by Components - Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy Surgical Robots Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy Surgical Robots Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 13. Spain Surgical Robots Market, by Components - Revenue and Forecast to 2028 (US$ Million)
Table 14. Spain Surgical Robots Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. Spain Surgical Robots Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of Europe Surgical Robots Market, by Components - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe Surgical Robots Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe Surgical Robots Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 19. Organic Developments Done By Companies
Table 20. Inorganic Developments Done by Companies
Table 21. Glossary of Terms, Surgical Robots Market
List of Figures
Figure 1. Europe Surgical Robots Market Segmentation
Figure 2. Europe Surgical Robots Market Segmentation, By Country
Figure 3. Europe Surgical Robots Market Overview
Figure 4. Instruments and Accessories Segment Held Largest Share by Product in Surgical Robots market
Figure 5. Germany is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Europe: PEST Analysis
Figure 7. Europe Expert Opinion
Figure 8. Europe Surgical Robots Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Surgical Robots Market - Revenue Forecast and Analysis - 2020- 2028
Figure 1. Europe Surgical Robots Market, by Product, 2021 & 2028 (%)
Figure 1. Europe Instruments & Accessories: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 1. Europe Robotic Systems: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 1. Europe Services: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 1. Europe Surgical Robots Market Share by Application - 2021 & 2028 (%)
Figure 1. Europe Urological Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 1. Europe Orthopedic Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 1. Europe General Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 1. Europe Gynecological Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 1. Europe Cardiothoracic Surgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 20. Europe Neurosurgery: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 21. Europe Others: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. Europe Surgical Robots Market Share by Application - 2021 & 2028 (%)
Figure 23. Europe Hospitals: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. Europe Ambulatory Surgical Centres (ASCs): Surgical Robots Market Revenue and Forecasts To 2028 (US$ Million)
Figure 25. Europe Others: Surgical Robots Market Revenue and Forecasts to 2028 (US$ Million)
Figure 26. Europe Surgical Robots Market, Revenue by Country (2021) (US$ Mn)
Figure 27. Europe Surgical Robots Market, Revenue and Forecast to 2028, by Country (%)
Figure 28. Germany: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. France: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Italy: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Spain: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Surgical Robots Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Growth Strategies Done by the Companies in the Market, (%)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Intuitive Surgical
  • Smith+Nephew
  • Johnson & Johnson Services, Inc.
  • Stryker
  • Zimmer Biomet
  • Medtronic
  • Siemens Healthineers Ag
  • Asensus Surgical, Inc.
  • Renishaw Plc

Table Information