Surgical Robots Market Is Anticipated To Grow at a 5.8 % CAGR To Reach About USD 21.41 Billion By 2030

Research Reports

Sep 12, 2023

Surgical Robots Market Research Report Information By Product Type (Instrument & Accessories, Robotic Systems, and Services), By Application (Gynecologic Surgery, General Surgery, Cardiac Surgery, Urologic Surgery, Colorectal Surgery, and Head And Neck Surgery), By Control Mechanism (Direct Telemanipulator and Computer Control) By End User (Hospitals and Ambulatory Surgical Centers) and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2030.

According to MRFR analysis, the global Surgical Robots Market is expected to register a CAGR of 5.8% from 2022 to 2030 and hold a value of over USD 21.41 billion by 2030.

The global surgical robots market has been steadily expanding, driven by technological innovations, rising demand for minimally invasive procedures, and the growing need for enhanced surgical capabilities. This article explores the current state of the surgical robots market, its key drivers, challenges, and the potential future of this dynamic field.

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Since then, surgical robots have continued to evolve, with numerous companies entering the market and developing their own robotic systems. These robots are equipped with advanced features such as 3D visualization, haptic feedback, and artificial intelligence (AI) algorithms. As a result, they have become valuable tools for a wide range of surgical specialties, including urology, gynecology, orthopedics, and cardiovascular surgery.

Segmentation

The surgical robot market has been segmented based on type, application, control mechanism, and end-user segment.

Based on the control mechanism, the manipulation segment dominated during the review period.

Based on product type, the instruments and accessories segment has helped in covering a huge market share during the forecast period.

Based on the application segment, the surgery unit has flourished during the review period.

Based on the end-user segment, the hospital units has estimated in taking the most important position in the leading surgical segment.

Key Players

Some of the top market players are Intuitive Surgical, Inc. (US), Stryker (US), Mazor Robotics (Israel), Hansen Medical (US), TransEnterix, Inc. (US), Medtech SA (France), Verb Surgical Inc  (US), Smith & Nephew (UK), Renishaw PLC (UK), and Medrobotics Corporation (US)

Regional Analysis

The majority of the global surgical robots market is expected to be in the Americas. The North American area is expected to dominate the market, primarily because hospitals there have more financial resources to invest in robotic systems, are planning partnerships with other businesses, and patients are more accepting of the use of surgical robots in practices, which has led to better healthcare outcomes, and there is growing public awareness of computer-assisted surgeries.

Browse In-depth Market Research Report (121 Pages) on Surgical Robots: https://www.marketresearchfuture.com/reports/surgical-robots-market-3025

Europe Region

Europe is anticipated to account for the second-largest market share for surgical robots over the projection period. The factors driving market growth in this area include the growing demand for less invasive procedures, small-scale robotics, as well as automation within the healthcare industry.

APAC Region

Due to its large patient population, a growing number of hospitals, plus rapid technological advancement to support the growth of the robotic surgery devices industry, the Asia Pacific regional surgical robots market is anticipated to grow at the quickest rate in the overall market.

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