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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Surgical Robots Market Size
The global surgical robots market size was valued at USD 7.40 billion in 2023, driven by the increasing demand of minimally invasive surgeries across the globe. The market is anticipated to grow at a CAGR of 15.7% during the forecast period of 2024-2032 to achieve a value of USD 27.51 billion by 2032.
Surgical Robots Market Report Snapshots
Surgical Robots Market Analysis
*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 market attained a value of about USD 7.40 billion in 2023, driven by the rising number of surgeries.
The market is anticipated to grow at a CAGR of 15.7% during the forecast period of 2024-2032, likely to reach a market value of USD 27.51 billion by 2032.
The major regional markets include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The increasing demand for minimally invasive surgeries is a key trend for the market.
The different types of components in the market are robotic systems, instruments and accessories, services.
The different mechanisms of control used in surgical robots’ market are computer control and direct telemanipulaor.
The surgical find wide applications in orthopaedic surgery, endometriosis, general surgery, neurosurgery, thoracic surgery, colorectal surgery, gynecology, heart surgery, urologic surgery, and others.
The end users in the surgical robot market are hospitals and clinics, and ambulatory surgical centers, among others.
Key players involved in the market are Intuitive Surgical Inc, Stryker, Johnson & Johnson Services, Inc., Medtronic, Smith+Nephew, Asensus Surgical US, Inc., Siemens Healthcare GmbH, CMR Surgical Limited, Renishaw plc, THINK Surgical®, Inc., and Zimmer Biomet.
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