Global Surgical Robot Market Expected to Reach US$16.51 Billion in 2030

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According to research. Surgical robots use robotic systems to assist surgeons during surgery, improving accuracy, control and access. These systems consist of consoles, robotic arms, and surgical instruments.

NEW YORK, May 26, 2023 (Globe Newswire) —, “Surgical Robot Market, Size, Global Forecast 2023-2030, Industry Trends, Growth, Shares, Outlook, Inflation Impact, Opportunity Companies” Announcing the release of the report. Analysis” –
The surgeon manipulates the design from the console, translating hand movements into precise movements of the robotic arm. In addition, these arms are equipped with dexterous tools that mimic a surgeon’s movements, allowing careful tissue manipulation and suturing.

The da Vinci Surgical System is an example of a robotic surgical system used in urology, gynecology and general surgery. Other companies and research institutes are also advancing surgical robotic technology to improve surgical capabilities. However, surgical robots are not intended to replace human surgeons, but rather to assist and enhance surgical procedures, with the surgeon retaining control and making key decisions throughout the process. It’s important to note what you’re aiming for.

Global Surgical Robot Market Forecasted to Expand at a CAGR of 17.16% from 2022 to 2030

Surgical robots have several advantages such as high precision and dexterity, allowing surgeons to perform complex surgeries with greater precision. It also enables a minimally invasive procedure, reducing trauma, scarring and patient recovery time. The surgical robot allows the surgeon to access her high-definition 3D visuals to provide a detailed view of the surgical site. The robotic system eliminates natural hand tremors and allows for stable and precise movements during delicate procedures. Robotic arms can reach areas that are difficult for the human hand, thus improving access to tight spaces in the body. Some surgical robot designs may enable telesurgery and improve access to specialized surgical care. Therefore, the market value of the global surgical robot market will be USD 4.65 billion in 2022.

Equipment and accessories have the highest share in the global surgical robot market

Surgical systems, instruments and accessories, and services (maintenance and upgrades) are the product categories of the global surgical robotics market. Instruments and accessories dominate the surgical robotics market due to the high demand for compatible products in various surgeries. Customizability is essential for many surgical disciplines, increasing the need for specialized instruments. Regular upgrades and replacements, and the disposable nature of many components contribute to continued demand. Manufacturers take advantage of higher profit margins while competition diversifies their offerings. Continuous research and development produces innovative instruments and accessories that meet the needs of surgeons and enhance our market advantage.

The growth of general surgery in the global surgical robot market is driven by expanding capabilities of surgical robots and increasing adoption of surgeons
By application, the global surgical robot market consists of general surgery, gynecological surgery, urological surgery, orthopedic surgery, interventional cardiology, neurosurgery, and other applications. Advances in surgical robotics technology have led general surgeons to adopt robot-assisted technologies as well, improving outcomes and benefiting patients. Robotic-assisted surgery fits well with minimally invasive approaches in general surgery, driving its increasing use. Patient demand for less invasive options with faster recovery and improved outcomes is driving general surgery in the surgical robotics market. In addition, continuous technological advances are improving the efficiency and effectiveness of general robotic-assisted surgery, expanding the range of operations that surgeons perform robotically.

Asia-Pacific Surgical Robot Market Will Expand Fastest in Future

North America, Europe, Asia Pacific, Latin America, and Rest of the World are the major global surgical robot market regions. Adoption of surgical robotic technology in the Asia-Pacific region is increasing rapidly due to growing healthcare infrastructure, increasing spending, and increasing awareness of the benefits of robot-assisted procedures, fueled by investment from governments and healthcare providers. The region also has increased demand for minimally invasive surgery due to chronic diseases, an aging population and patient expectations. Regional advances in surgical robotic technology have created cost-effective systems tailored to local needs. The presence of emerging economies such as China and India offers untapped potential through economic growth and improved healthcare infrastructure. Cooperation between international manufacturers and local healthcare providers facilitates knowledge exchange, while favorable regulations ensure innovation and patient safety.

North America’s leadership in the surgical robotics market is driven by its pioneering role in technological advancement, strong presence of major companies and research institutes, well-established healthcare infrastructure, high healthcare spending, rigorous regulatory frameworks, and professionally trained skilled workers. surgeons, stemming from a highly competitive market environment. , and favorable redemption policies all contribute to market dominance.

Ambulatory Surgical Centers (ASCs) present in the global surgical robotics market will grow in the future

Based on end users, hospitals, ambulatory surgery centers, etc. are the global surgical robot market segments. The growth of Ambulatory Surgical Centers (ASCs) in the global surgical robotics market is due to cost effectiveness, specialization in minimally invasive surgery, high patient satisfaction, technological advancements, and regulatory support. ASCs are less expensive than hospitals and are attracting patients, insurers and the healthcare system. Surgical robotics improves accuracy and efficiency, making ASC more cost-effective. With expertise in ambulatory minimally invasive surgery, ASC uses surgical robotics to reduce scarring with smaller incisions for faster recovery. Improve patient satisfaction through convenience, improved outcomes and personalized care. Advances in technology have made surgical robots compact, easy to use, and affordable for ASCs, attracting surgeons and driving demand. Regulatory approval ensures safety and efficacy, facilitating the integration of surgical robots into the ASC for advanced procedures while meeting standards.

key player
Medtronic, Intuitive Surgical, Stryker Corporation, Smith & Nephew, Zimmer Biomet, Renishawplc and Siemens Healthineers are the players to watch in the global surgical robotics market.

August 2022 – THINK Surgical, Inc., a leader in orthopedic robotics, recently announced a partnership and distribution agreement with Korea-based medical robotics specialist Curexo, Inc.
June 2022 – Intuitive, the global leader in minimally invasive therapy and developer of robotic-assisted surgery, receives approval from the U.S. Food and Drug Administration (FDA) to integrate Ion Endoluminal with mobile cone-beam CT (CBCT) imaging technology. ) received from system, robot-assisted bronchoscopy device.

The report covers the global surgical robot market, global forecast by product (surgical systems, equipment and accessories, services (maintenance and upgrades), applications (general surgery, gynecologic surgery, urological surgery, orthopedics, interventional Cardiology, Neurosurgery and Other Applications))”. , end-users (hospitals, ambulatory surgery centers, etc.), regions (North America, Europe, Asia Pacific, Latin America and the rest of the world), enterprises (Medtronic, Intuitive Surgical, Stryker Corporation, Smith & Nephew, Zimmer Biomet), Renishawplc, and Siemens Healthineers )” provides a comprehensive insight into the global surgical robotics industry.

The surgical robot is divided into three products
1. Surgical system
2. Instruments and accessories
3. Service (maintenance and upgrades)

Application – Market Split by 7 Segments
1. General surgery
2. Gynecological surgery
3. Urological surgery
4. Orthopedics
5. Interventional cardiology
6. Neurosurgery
7. Other uses

Region – 5 perspectives of market segmentation
1. North America

1.1 United States
1.2 Canada

2. Europe

2.1 Germany
2.2 Great Britain
2.3 France
2.4 Italy
2.5 Spain
2.6 Belgium
2.7 Sweden
2.8 Switzerland
2.9 Netherlands

3. Asia Pacific

3.1 China
3.2 Japan
3.3 India
3.4 Australia
3.5 Korea
3.6 Thailand
3.7 Indonesia
3.8 Taiwan
3.9 Singapore

4. Latin America

4.1 Brazil
4.2 Mexico
4.3 Argentina
4.4 Colombia
4.5 Chile

5. Rest of the World

End Users – Divide the Market into 3 Sectors
1. Hospital
2. Ambulance Surgery Center (ASC)
3. Others

Company-wide coverage from three points
• overview
• Recent Developments
• Sales analysis

Company analysis
1. Medtronic
2. Intuitive surgery
3. Stryker Corporation
4. Smith and Nephew
5. Zimmer Biomet
6. Renishaw K.K.
7. Siemens Hellnears
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