July 19, 2024

Surgical Robotics Market Size to Hit Around US$ 21.3 bn by 2030

Precedence Research a new report on surgical robotics market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global surgical robotics market size was valued at US$ 5.36 billion in 2021. The global surgical robotics market is projected to reach US$ 21.3 billion by 2030, registering a compound annual growth rate (CAGR) of 16.57% during the forecast period from 2022 to 2030.

Surgical Robotics

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The global surgical robotics market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per surgical robotics, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Surgical Robotics Market Report Scope 
Report Coverage Details
Market Size by 2030 USD 21.3 Billion
Growth Rate from 2022 to 2030 CAGR of 16.57%
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Component, Surgery Type, End User, Geography

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

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Some of the prominent players in the surgical robotics market include:
  • Medrobotics
  • Renishaw plc.
  • TransEnterix Surgical, Inc.
  • Intuitive Surgical
  • Medtronic plc.
  • THINK Surgical Inc.
  • Zimmer Biomet Holdings Inc.
  • Smith & Nephew Plc. (Blue Belt Technologies, Inc.)
  • Auris Surgical Robotics, Inc. (Hansen Medical Inc.)
  • Intuitive Surgical, Inc.
  • KUKA AG
  • Stryker Corporation (MAKO Surgical Corp.)
  • Mazor Robotics
Surgical Robotics Market Segmentation

By Component

  • Systems
  • Accessories
  • Services

By Surgery Type

  • Gynecology Surgery
  • Urology Surgery
  • Neurosurgery
  • Orthopedic Surgery
    • Knee
    • Hip
    • Spine
    • Others
  • General Surgery
  • Other Surgeries

By End User

  • Hospitals
  •  Ambulatory surgical centers

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

  • What are the key factors influencing the surgical robotics market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2022 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global surgical robotics market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global surgical robotics market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global surgical robotics market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global surgical robotics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for surgical robotics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Surgical Robotics Market 

5.1. COVID-19 Landscape: Surgical Robotics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Surgical Robotics Market, By Component

8.1. Surgical Robotics Market, by Component, 2022-2030

8.1.1 Systems

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Accessories

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Services

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Surgical Robotics Market, By Surgery Type

9.1. Surgical Robotics Market, by Surgery Type, 2022-2030

9.1.1. Gynecology Surgery

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Urology Surgery

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Neurosurgery

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Orthopedic Surgery

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. General Surgery

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Other Surgeries

9.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Surgical Robotics Market, By End User 

10.1. Surgical Robotics Market, by End User, 2022-2030

10.1.1. Hospitals

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Ambulatory surgical centers

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Surgical Robotics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Component (2017-2030)

11.1.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.1.3. Market Revenue and Forecast, by End User (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.1.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.1.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.2.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.2.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.2.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.2.6.3. Market Revenue and Forecast, by End User (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.2.7.3. Market Revenue and Forecast, by End User (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.3.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.3.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.3.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.3.6.3. Market Revenue and Forecast, by End User (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.3.7.3. Market Revenue and Forecast, by End User (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.4.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.4.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.4.6.3. Market Revenue and Forecast, by End User (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.4.7.3. Market Revenue and Forecast, by End User (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.5.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.5.3. Market Revenue and Forecast, by End User (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.5.4.3. Market Revenue and Forecast, by End User (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Surgery Type (2017-2030)

11.5.5.3. Market Revenue and Forecast, by End User (2017-2030)

Chapter 12. Company Profiles

12.1. Medrobotics

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Renishaw plc

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. TransEnterix Surgical, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Intuitive Surgical

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Medtronic plc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. THINK Surgical Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Zimmer Biomet Holdings Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Smith & Nephew Plc. (Blue Belt Technologies, Inc.)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Auris Surgical Robotics, Inc. (Hansen Medical Inc.)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Intuitive Surgical, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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