Consainsights logo

Surgical Robotics Market Size, Share, Industry Trends and Forecast to 2030

Surgical Robotics Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

Surgical Robotics Market Size & CAGR in 2021

The global surgical robotics market had a market size of USD 6.71 billion in 2021 and is expected to grow at a CAGR of 9.4% from 2021 to 2028. This growth is attributed to the increasing adoption of minimally invasive surgeries, advancements in technology, and the rising prevalence of chronic diseases requiring surgical intervention.

COVID-19 Impact on the Surgical Robotics Market

The COVID-19 pandemic had a significant impact on the surgical robotics market. Due to the pandemic, many elective surgeries were postponed or canceled, leading to a temporary decline in the demand for surgical robotics systems. However, as healthcare facilities resumed operations and prioritized essential procedures, the market started to recover.

Surgical Robotics Dynamics

The surgical robotics market is driven by factors such as increased precision, shorter recovery times, reduced infection rates, and improved patient outcomes. Advancements in artificial intelligence and machine learning have also enhanced the capabilities of surgical robots, making them more efficient and accurate.

Segments and Related Analysis

The surgical robotics market can be segmented based on application, system type, and end-user. The key applications include general surgery, gynecology, urology, orthopedic surgery, and others. The main system types are robotic surgical systems, instruments and accessories, and services. End-users of surgical robotics systems include hospitals, ambulatory surgical centers, and specialty clinics.

By Region Analysis

The surgical robotics market is divided into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America currently dominates the market due to the presence of well-established healthcare infrastructure, high adoption rates of technological advancements, and the availability of skilled professionals. However, the Asia Pacific region is expected to witness the fastest growth during the forecast period.

Key Market Players and Competitive Landscape

Some of the key players in the surgical robotics market include Intuitive Surgical, Stryker Corporation, Medtronic Plc, Zimmer Biomet Holdings, Inc., and Smith & Nephew. These companies are focusing on product innovations, strategic partnerships, and mergers and acquisitions to strengthen their market position and gain a competitive edge.

Recent Happenings in the Surgical Robotics Market

In recent developments, Intuitive Surgical launched a new robotic surgical system with enhanced capabilities for minimally invasive procedures. Additionally, Medtronic collaborated with a leading research institute to develop cutting-edge robotic technologies for complex surgeries. These advancements underscore the ongoing innovation and competition in the surgical robotics market.

Frequently Asked Questions (FAQ):