The global image-guided & robot-assisted surgical procedures market accounted for USD 3.11 billion in 2023 and is expected to reach at USD 13.99 billion by 2034 with a CAGR of 14.65% during the forecast period 2024-2034. Increasing technological advancements in medical robotics, heightened utilization of robots in surgical procedures, rise in complex surgeries & trauma cases, surge in investment in medical equipment by healthcare facilities, growing number of complex orthopedic, gynecological, & urological surgeries, increasing spinal & neurological injuries, escalating demand for minimally invasive procedures, rising introduction of new systems, and growing regulatory clearance for image-guided & robot-assisted surgical systems are some of the key factors boosting the market growth.
Growing regulatory clearance for image-guided & robot-assisted surgical systems is predicted to boost the market growth during the forecast period. Image-guided and robot-assisted surgical procedures involve minimal invasiveness, with surgeons utilizing imaging technology to direct their tools and implants. These procedures offer several benefits compared to traditional open surgery, including reduced incision size, decreased pain, shorter hospital stays, and quicker recovery periods. For instance, in February 2024, The FDA in the United States has granted approval for the marketing of Virtual Incision's MIRA Surgical System, specifically a miniRAS device, for performing adult colectomy procedures.
By specialty type, urologic surgeries was the highest revenue-grossing segment in the global image-guided & robot-assisted surgical procedures market in 2023 owing to the increasing complex surgeries related to prostate cancer, bladder cancer, kidney ailments, & urinary blockages, surge in surgical procedures, and growing introduction of innovative medical devices. For instance, in August 2022, Max Hospital in Mohali, India, unveiled the 'Da Vinci Xi' robot, which will be employed for surgical procedures spanning multiple specialties such as gynecology, oncology, urology, general surgery, bariatric surgery for weight loss, hernia repairs, and gastrointestinal procedures. Additionally, gynecologic surgery is predicted to grow at the fastest CAGR during the forecast period owing to the growing frequency of gynecological procedures such as hysterectomy & sacrocolpopexy, and surge in technological advancements.
By end-user, hospitals was the highest revenue-grossing segment in the global image-guided & robot-assisted surgical procedures market in 2023 owing to the increasing uptake of surgical robots to improve surgical outcomes for patients, increase in the installation of these robots in hospitals, and rising introduction of advanced technologies in the field. For instance, in May 2022, CMR Surgical, a global leader in surgical robotics, announced the introduction of its Versius Surgical Robotic Technology in Brazil, marking the company's inaugural venture into Latin America (LatAm). The Hospital e Maternidade Sao Luiz Itaim, affiliated with Rede D'Or in Sao Paolo, becomes the first in Brazil to utilize Versius as part of a comprehensive robotic surgical program across various specialties. Additionally, ambulatory surgical centers is predicted to grow at the fastest CAGR during the forecast period owing to the increasing use of robots in surgical procedures and rise in investment in medical equipment.
North America region is anticipated for the highest revenue share during the forecast period owing to the substantial investments by market players, rising prevalence of traumatic cases necessitating robotic procedures, increased adoption of medical robots for complex interventions, growing recognition of minimally invasive surgeries, and rising approvals from regulatory authorities. For instance, in March 2023, Accelus, a privately owned medical technology firm concentrating on advancing the adoption of minimally invasive surgery (MIS) as the norm in spinal procedures, declared that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance to Accelus for its Remi Robotic Navigation System, designed for compatibility with GE OEC 9900 C-Arm fluoroscopic imaging systems. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the enhancements in healthcare infrastructure, rising need for image-guided robotic systems, and widespread acceptance of advanced robot-assisted surgical systems. For instance, in November 2022, Venkateshwar Hospital in Delhi, along with India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic plc, announced the completion of the first urological procedure in northern India using the Hugo robotic-assisted surgery (RAS) system.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Growing regulatory clearance for image-guided & robot-assisted surgical systems is predicted to boost the market growth during the forecast period. Image-guided and robot-assisted surgical procedures involve minimal invasiveness, with surgeons utilizing imaging technology to direct their tools and implants. These procedures offer several benefits compared to traditional open surgery, including reduced incision size, decreased pain, shorter hospital stays, and quicker recovery periods. For instance, in February 2024, The FDA in the United States has granted approval for the marketing of Virtual Incision's MIRA Surgical System, specifically a miniRAS device, for performing adult colectomy procedures.
By specialty type, urologic surgeries was the highest revenue-grossing segment in the global image-guided & robot-assisted surgical procedures market in 2023 owing to the increasing complex surgeries related to prostate cancer, bladder cancer, kidney ailments, & urinary blockages, surge in surgical procedures, and growing introduction of innovative medical devices. For instance, in August 2022, Max Hospital in Mohali, India, unveiled the 'Da Vinci Xi' robot, which will be employed for surgical procedures spanning multiple specialties such as gynecology, oncology, urology, general surgery, bariatric surgery for weight loss, hernia repairs, and gastrointestinal procedures. Additionally, gynecologic surgery is predicted to grow at the fastest CAGR during the forecast period owing to the growing frequency of gynecological procedures such as hysterectomy & sacrocolpopexy, and surge in technological advancements.
By end-user, hospitals was the highest revenue-grossing segment in the global image-guided & robot-assisted surgical procedures market in 2023 owing to the increasing uptake of surgical robots to improve surgical outcomes for patients, increase in the installation of these robots in hospitals, and rising introduction of advanced technologies in the field. For instance, in May 2022, CMR Surgical, a global leader in surgical robotics, announced the introduction of its Versius Surgical Robotic Technology in Brazil, marking the company's inaugural venture into Latin America (LatAm). The Hospital e Maternidade Sao Luiz Itaim, affiliated with Rede D'Or in Sao Paolo, becomes the first in Brazil to utilize Versius as part of a comprehensive robotic surgical program across various specialties. Additionally, ambulatory surgical centers is predicted to grow at the fastest CAGR during the forecast period owing to the increasing use of robots in surgical procedures and rise in investment in medical equipment.
North America region is anticipated for the highest revenue share during the forecast period owing to the substantial investments by market players, rising prevalence of traumatic cases necessitating robotic procedures, increased adoption of medical robots for complex interventions, growing recognition of minimally invasive surgeries, and rising approvals from regulatory authorities. For instance, in March 2023, Accelus, a privately owned medical technology firm concentrating on advancing the adoption of minimally invasive surgery (MIS) as the norm in spinal procedures, declared that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance to Accelus for its Remi Robotic Navigation System, designed for compatibility with GE OEC 9900 C-Arm fluoroscopic imaging systems. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the enhancements in healthcare infrastructure, rising need for image-guided robotic systems, and widespread acceptance of advanced robot-assisted surgical systems. For instance, in November 2022, Venkateshwar Hospital in Delhi, along with India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic plc, announced the completion of the first urological procedure in northern India using the Hugo robotic-assisted surgery (RAS) system.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Specialty Type and End-user
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
Segmentation: Image-Guided & Robot-Assisted Surgical Procedures Market Report 2023 - 2034
Image-Guided & Robot-Assisted Surgical Procedures Market Analysis & Forecast by Specialty Type 2023 - 2034 (Revenue USD Bn)
- General Surgery
- Urologic Surgery
- Gynecologic Surgery
- Cardiothoracic Surgery
- Head & Neck Specialties
Image-Guided & Robot-Assisted Surgical Procedures Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Ambulatory Surgical Centers
- Hospitals
- Clinics
- Others
Image-Guided & Robot-Assisted Surgical Procedures Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Image-Guided & Robot-Assisted Surgical Procedures Market: Specialty Type Estimates & Trend Analysis
8. Image-Guided & Robot-Assisted Surgical Procedures Market: End-user Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Image-Guided & Robot-Assisted Surgical Procedures Market
11. Europe Global Image-Guided & Robot-Assisted Surgical Procedures Market
12. Asia Pacific Global Image-Guided & Robot-Assisted Surgical Procedures Market
13. Latin America Global Image-Guided & Robot-Assisted Surgical Procedures Market
14. MEA Global Image-Guided & Robot-Assisted Surgical Procedures Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- Medanta The Medicity
- Crouse Hospital
- Auris Surgical Robotics
- St. Vincent
- Avateramedical GmbH
- St. Clair Hospital
- Cambridge Medical Robotics Ltd
- Northwest Hospital & Medical Center
- Verb Surgical Inc.
- Atlantic Health System
- The Princess Grace Hospital
- TransEnterix Surgical Inc
- Apollo Hospitals Enterprise Ltd.
- George Washington University Hospital
