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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Robotic Surgical Procedures Market Size
The value of the global robotic surgical procedures market was USD 6.96 billion in 2023, driven by the increasing adoption of minimally invasive surgical procedures across the globe. The market is expected to grow at a CAGR of 18.7% during the forecast period of 2024-2032 to reach value of USD 32.54 billion by 2032.
Robotic Surgical Procedures Market Report Snapshots
Robotic Surgical Procedures Market Size
Robotic Surgical Procedures Market Trends
Robotic Surgical Procedures Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global market for robotic surgical procedures reached a value of more than USD 6.96 billion in 2024.
The market is estimated to grow at a CAGR of 18.7% in the forecast period of between 2025 and 2034.
The rapid transition from traditional manual surgical methods towards automated surgical procedures, upgradations and innovations by the major med-tech companies, and increasing inclination towards minimally invasive treatment procedures, are the key drivers of the robotic surgical procedures market.
The key trends in the market include the favourable digital initiatives by the emerging economies and increasing prevalence of chronic diseases requiring surgery.
Coronary artery bypass, removal of cancerous tissue, hip replacement surgery, and kidney removal, among others, are some of the common robotic surgical procedures.
Most of the robotic surgical procedures take around two to three hours.
Typically, one night hospital stay is enough after a robotic surgical procedure.
Yes, robotic surgical procedure is considered safer than the regular surgery, because of high precision and lower invasion.
Surgeons prefer robotic surgical procedures due to greater precision, higher accuracy, better control during operation, and lower hospitalisation time.
Intuitive Surgical, Stryker, Smith & Nephew, Accuray Incorporated, CMR Surgical Ltd., Medtronic, Johnson & Johnson Services, Inc., Zimmer Biomet, avateramedical GmbH and Others, are the key market players, according to the report.
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