Global surgical robots market is expected to grow at a CAGR of 15% during the forecast period to reach USD 13 billion by 2027. The global surgical robots market is driven by the growing occurrences of degenerative and chronic diseases such as diabetes, CVD, among others. Additionally, associated benefits of surgical robots for both surgeons as well as patients, increasing geriatric population and highly complex surgical procedures are anticipated to propel the growth of market over the next five years. Furthermore, technological innovations & advancements and new product launches by the major manufacturers such as introduction of flexible and cost-effective robots are expected to foster the growth of market until 2027. 

The global surgical robots market is segmented based on component, mechanism of control, application, end user, company and region. Based on component, the market can be categorized into systems, instruments and accessories and services. The instruments and accessories segment dominated the market in 2021 and is expected to hold its dominance over the forecast period on account of extensive use of instruments and accessories in different surgical procedures. This leads to an increase in purchase of instruments and accessories for surgical robots. Furthermore, these instruments and accessories are replaced regularly after every surgical procedure, thereby driving the growth of segment. Based on end user, the market can be fragmented into hospitals & clinics and ambulatory surgical centers. Hospital & clinic segment dominated the market owing to the increasing focus on carrying out surgeries with surgical robot in order to obtain higher accuracy. 

Regionally, the surgical robots market has been segmented into Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these, Asia-Pacific is expected to witness significant growth during the forecast years in the overall surgical robots market owing to the increasing patient pool in the region. Additionally, growing number of hospitals and rapid development & adoption of latest technologies in healthcare is further expected to propel the market through 2027.  

Major players operating in the global surgical robots market include Intuitive Surgical, Stryker Corporation, Medtronic Plc., Smith & Nephew, Johnson & Johnson, Medrobotics Corporation, TransEnterix, Inc., Zimmer Biomet Holdings, Inc., Renishaw Plc., Think Surgical, Inc., Siemens Healthineers AG, CMR Surgical Limited, Corin Group Plc., Preceyes BV and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments. For instance, in March 2021, Zimmer Biomet received FDA Clearance for the ROSA ONE Spine System, which will be used for the robotically assisted surgeries. This would help in the expansion of product portfolio of the company.

Objective of the Study:

  • To analyze and estimate the market size of global surgical robots market from 2017 to 2020.
  • To estimate and forecast the market size of global surgical robots market from 2021 to 2027.
  • To classify and forecast global surgical robots market based on component, mechanism of control, application, end user, company and regional distribution.
  • To identify dominant region or segment in the global surgical robots market.
  • To identify drivers and challenges for global surgical robots market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global surgical robots market.
  • To identify and analyze the profile of leading players operating in global surgical robots market.
  • To identify key sustainable strategies adopted by market players in global surgical robots market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global surgical robots market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


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Key Target Audience:

  • Surgical robots manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to surgical robots
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

 

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Segments covered

·         Component

·         Application

·         Mechanism of Control

·         End User  

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Singapore; Germany, France, United Kingdom, Russia, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia

Key companies profiled

Intuitive Surgical, Stryker Corporation, Medtronic Plc., Smith & Nephew, Johnson & Johnson, Medrobotics Corporation, TransEnterix, Inc., Zimmer Biomet Holdings, Inc., Renishaw Plc., Think Surgical, Inc., Siemens Healthineers AG, CMR Surgical Limited, Corin Group Plc., Preceyes BV.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global surgical robots market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Surgical Robots Market, By Component:
    • Systems
    • Instruments and Accessories
    • Services
  • Surgical Robots Market, By Mechanism of Control:
    • Computer Control
    • Direct Telemanipulator
  • Surgical Robots Market, By Application:
    • Orthopedic Surgery
    • Endometriosis
    • General Surgery
    • Neurosurgery
    • Thoracic Surgery
    • Colorectal Surgery
    • Gynecology
    • Heart Surgery
    • Urologic Surgery
    • Others
  • Surgical Robots Market, By End User:
    • Hospitals & Clinics
    • Ambulatory Surgical Centers
  • Surgical Robots Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Russia
    • Asia-Pacific
      • Japan
      • China
      • Singapore
      • India
      • South Korea
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global surgical robots market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Surgical Robots Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Type of Control Mechanism

5.3.  Type of Application

5.4.  Factors Driving the Market Growth

6.    Global Surgical Robots Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Component (Systems, Instruments and Accessories, Services)

6.2.2.     By Mechanism of Control (Computer Control, Direct Telemanipulator)

6.2.3.     By Application (Orthopedic Surgery, Endometriosis, General Surgery, Neurosurgery, Thoracic Surgery, Colorectal Surgery, Gynecology, Heart Surgery, Urologic Surgery and Others), By End User (Hospitals & Clinics and Ambulatory Surgical Centers)

6.2.4.     By End User (Hospitals & Clinics and Ambulatory Surgical Centers)

6.2.5.     By Company (2019)

6.2.6.     By Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa)

6.3.  Product Market Map

7.    North America Surgical Robots Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component

7.2.2.     By Mechanism of Control

7.2.3.     By Application

7.2.4.     By End User

7.2.5.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Surgical Robots Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Component

7.3.1.2.2.             By Mechanism of Control

7.3.1.2.3.             By Application

7.3.1.2.4.             By End User

7.3.2.     Canada Surgical Robots Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Component

7.3.2.2.2.             By Mechanism of Control

7.3.2.2.3.             By Application

7.3.2.2.4.             By End User

7.3.3.     Mexico Surgical Robots Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Component

7.3.3.2.2.             By Mechanism of Control

7.3.3.2.3.             By Application

7.3.3.2.4.             By End User

8.    Europe Surgical Robots Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Component

8.2.2.     By Mechanism of Control

8.2.3.     By Application

8.2.4.     By End User

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     Germany Surgical Robots Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Component

8.3.1.2.2.             By Mechanism of Control

8.3.1.2.3.             By Application

8.3.1.2.4.             By End User

8.3.2.     United Kingdom Surgical Robots Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Component

8.3.2.2.2.             By Mechanism of Control

8.3.2.2.3.             By Application

8.3.2.2.4.             By End User

8.3.3.     France Surgical Robots Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Component

8.3.3.2.2.             By Mechanism of Control

8.3.3.2.3.             By Application

8.3.3.2.4.             By End User

8.3.4.     Italy Surgical Robots Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Component

8.3.4.2.2.             By Mechanism of Control

8.3.4.2.3.             By Application

8.3.4.2.4.             By End User

8.3.5.     Russia Surgical Robots Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Component

8.3.5.2.2.             By Mechanism of Control

8.3.5.2.3.             By Application

8.3.5.2.4.             By End User

9.    Asia-Pacific Surgical Robots Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Component

9.2.2.     By Mechanism of Control

9.2.3.     By Application

9.2.4.     By End User

9.2.5.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     Japan Surgical Robots Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Component

9.3.1.2.2.             By Mechanism of Control

9.3.1.2.3.             By Application

9.3.1.2.4.             By End User

9.3.2.     China Surgical Robots Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Component

9.3.2.2.2.             By Mechanism of Control

9.3.2.2.3.             By Application

9.3.2.2.4.             By End User

9.3.3.     Singapore Surgical Robots Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Component

9.3.3.2.2.             By Mechanism of Control

9.3.3.2.3.             By Application

9.3.3.2.4.             By End User

9.3.4.     India Surgical Robots Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Component

9.3.4.2.2.             By Mechanism of Control

9.3.4.2.3.             By Application

9.3.4.2.4.             By End User

9.3.5.     South Korea Surgical Robots Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Component

9.3.5.2.2.             By Mechanism of Control

9.3.5.2.3.             By Application

9.3.5.2.4.             By End User

10.  South America Surgical Robots Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Component

10.2.2.  By Mechanism of Control

10.2.3.  By Application

10.2.4.  By End User

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Surgical Robots Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Component

10.3.1.2.2.           By Mechanism of Control

10.3.1.2.3.           By Application

10.3.1.2.4.           By End User

10.3.2.  Argentina Surgical Robots Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Component

10.3.2.2.2.           By Mechanism of Control

10.3.2.2.3.           By Application

10.3.2.2.4.           By End User

10.3.3.  Colombia Surgical Robots Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Component

10.3.3.2.2.           By Mechanism of Control

10.3.3.2.3.           By Application

10.3.3.2.4.           By End User

11.  Middle East and Africa Surgical Robots Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Component

11.2.2.  By Mechanism of Control

11.2.3.  By Application

11.2.4.  By End User

11.2.5.  By Country

11.3.              MEA: Country Analysis

11.3.1.  Saudi Arabia Surgical Robots Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Component

11.3.1.2.2.           By Mechanism of Control

11.3.1.2.3.           By Application

11.3.1.2.4.           By End User

11.3.2.  UAE Surgical Robots Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Component

11.3.2.2.2.           By Mechanism of Control

11.3.2.2.3.           By Application

11.3.2.2.4.           By End User

11.3.3.  South Africa Surgical Robots Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Component

11.3.3.2.2.           By Mechanism of Control

11.3.3.2.3.           By Application

11.3.3.2.4.           By End User

11.3.4.  Kuwait Surgical Robots Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Component

11.3.4.2.2.           By Mechanism of Control

11.3.4.2.3.           By Application

11.3.4.2.4.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Intuitive Surgical, Inc.

14.2.              Stryker Corporation

14.3.              Medtronic Plc.

14.4.              Smith & Nephew Plc.

14.5.              Johnson & Johnson

14.6.              Medrobotics Corporation

14.7.              TransEnterix, Inc.

14.8.              Zimmer Biomet Holdings, Inc.

14.9.              Renishaw Plc.

14.10.            Think Surgical, Inc.

14.11.            Siemens Healthineers AG

14.12.            CMR Surgical Limited

14.13.            Corin Group Plc.

14.14.            Preceyes BV

14.15.            Microsure B.V.

14.16.            avateramedical  GmbH

14.17.            Accuray Incorporated

14.18.            Venus Concept, Inc.

14.19.            Globus Medical, Inc.

14.20.            Medicaroid Corporation

15. Strategic Recommendations

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