Robot-Assisted Surgical Systems Market Research Report - Global Forecast till 2030

Robot-Assisted Surgical Systems Market Trends, Growth and Size Analysis, by Product (Surgical Robot, Rehabilitation Robot, Non-Invasive Radiosurgery Robot), Application (Neurology, Orthopedic, Laparoscopy), End User (Healthcare Provider, Payer) –Forecast Till 2030

ID: MRFR/HC/6307-HCR | November 2022 | Region: Global | 160 Pages         

Robot-Assisted Surgical Systems Market

Robot-Assisted Surgical Systems Market is projected to grow to reach USD 6.93 billion, at a CAGR 16.5% over the forecast period

Segmentation

By Product Surgical Robot Rehabilitation Robot Non-Invasive Radiosurgery Robot
Application Neurology Orthopedic Laparoscopy
End User Healthcare Provider Payer

Key Players

  • Stryker Corporation (MAKO Surgical Corp.)
  • Renishaw Plc
  • Varian
  • Accuray
  • Intuitive Surgical Inc
  • Health robotics S.R.L
  • Auris Surgical Robotics
  • KUKA AG
  • Mazor Robotics
  • Medtronic plc
  • THINK Surgical Inc.
  • Zimmer Biomet Holdings Inc.
  • Transenterix
  • Verb Surgical

Drivers

  • increasing demand for accurate laparoscopic surgeries
  • growing need for surgical procedures in geriatric population
  • rising cases of trauma injuries
Speak to Analyst Request a Free Sample

Robot-Assisted Surgical Systems Market Overview

The Robot-Assisted Surgical Systems Market will register a CAGR of 15.2% during the forecast period of 2022–2030.
 
Medical robotics systems have been progressing with a growth trend for many years due to technological upgrades in 3D-Imaging, motion sensors, robotic catheter control systems (CCS), HD surgical microscopic cameras, data recorders, data analytics, and remote navigation. These advancements are driving the market to reach its estimated value.
 
Surgical robots assist surgeons while performing complex surgical procedures with greater accuracy. These are used in urological, orthopedic, general, gynecological, neurosurgeries, and minimally invasive surgeries. Technological advancements in surgical robots highly drive the market’s growth. The higher adoption rate of increasing these robots in the clinical field is driving the market. The higher investment in funding for medical robot research is also accelerating its growth.
 
The rise in demand for accurate laparoscopic surgeries, the need for precise surgical procedures for the geriatric population, and growing cases of trauma injuries will boost the market in the forecast period. Factors like the expensive cost price of robotic surgical surgeries and robotic systems are hampering the growth of the market. Still, the developments of major players will help the market to propel.
 
Moreover, the companies involved in new product launches strengthen their market position. For example, Intuitive Surgical got US FDA clearance for the da Vinci SP surgical system for a single port approach for urologic surgical procedures. It is the most frequently used da Vinci Surgical System developed by Intuitive Surgical Inc., which uses an enhanced computer system capable of laparoscopic surgery.

Robot-Assisted Surgical Systems Market Segmentation


The Global Market is segmented on the basis of product, application, and end user.


The robot-assisted surgical systems market by product is categorized into surgical robots, rehabilitation robots, non-invasive radiosurgery robots, hospital and pharmacy robots, and emergency response robotic systems.


Surgical robots are divided into orthopedic surgical robots, robotic neurosurgical systems, and laparoscopy robotic systems. Orthopedic Surgical Robots is divided into an iBlock surgical system, Robodoc surgical system, Navio PFS surgical system, MAKO RIO surgical system, and Stanmore Sculptor surgical system. Neurosurgical Robotic Systems is divided into Pathfinder surgical system, NeuroMate surgical system, and Renaissance surgical system. Laparoscopy Robotic Systems is divided into FreeHand endoscope holder system, Da Vinci robotic surgery system, Telelap ALF-X surgical system, and Steerable Robotic Catheters.


Rehabilitation robots are categorized into assistive robots, prosthetics, orthotics, therapeutic robots, and robotic exoskeleton systems. Hospital and pharmacy robots are categorized into telemedicine robots, IV robots, pharmacy robots, and cart transportation robots.


Based on application, the robot-assisted surgical systems market is segmented into neurology, orthopedics robotic systems, laparoscopy, and special education.


On the basis of end user, the market is segmented into healthcare providers, healthcare payers, and others.


On the basis of region, the global robot-assisted surgical systems market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, South Korea, and the rest of Asia-Pacific. The robot-assisted surgical systems market in the Middle East and Africa has been segmented into the Middle East and Africa.


Robot-Assisted Surgical Systems Market Key Players


Some of the key players in the global robot-assisted surgical systems market are Stryker Corporation (MAKO Surgical Corp.), Renishaw Plc, Varian, Accuray, Intuitive Surgical Inc, Health robotics S.R.L, Smith & Nephew Plc. (Blue Belt Technologies, Inc.), Auris Surgical Robotics, Inc. (Hansen Medical Inc.), KUKA AG, Mazor Robotics, Medtronic plc, THINK Surgical Inc., Zimmer Biomet Holdings Inc., Transenterix, Verb Surgical, Titan Medical, Microbot Medical, Medrobotics, and others.


Robot-Assisted Surgical Systems Regional Market Summary


Global Robot-Assisted Surgical Systems Market Share (%), by Region, 2017


Global Robot-Assisted Surgical Systems Market Share (%), by Region, 2017


Sources: Centers for Disease Control and Prevention (CDC), US Department of Health and Human Services, National Institutes of Health


It is projected that the Americas dominated the global robot-assisted surgical systems market owing to the growth of the market in the North American region. This is largely attributed to factors such as well-established healthcare infrastructure and the increase in adoption of robotic surgical systems across various healthcare settings will support market growth in this region. Europe is expected to hold the second largest share in the robot-assisted surgical systems market owing to the introduction of advanced robot-assisted laparoscopic procedures and quality of treatment of existing and new medical indications.


Asia-Pacific was projected to be the fastest growing region for the global robot-assisted surgical systems market. With the growth of the overall robotics market in the region headed by technology giants like Japan and China, the availability of medical robots has also increased. In 2017, a robot performed the world’s first automated dental implant in China. The Middle East and Africa holds the least share in the global robot-assisted surgical systems market due to the presence of economically diverse countries, and fewer initiatives taken by the government.


Global Robot-Assisted Surgical Systems Market, by Product



  • Surgical Robots


    • Orthopedic Surgical Robots


      • iBlock surgical system

      • Robodoc surgical system

      • Navio PFS surgical system

      • MAKO RIO surgical system

      • Stanmore Sculptor surgical system


    • Neurosurgical Robotic Systems


      • Pathfinder surgical system

      • NeuroMate surgical system

      • Renaissance surgical system


    • Laparoscopy Robotic Systems


      • FreeHand endoscope holder system

      • Da Vinci robotic surgery system

      • Telelap ALF-X surgical system

      • Steerable Robotic Catheters



  • Rehabilitation Robots


    • Assistive Robots

    • Prosthetics

    • Orthotics

    • Therapeutic Robots

    • Exoskeleton Robotic Systems


  • Noninvasive Radiosurgery Robots

  • Hospital and Pharmacy Robots


    • Telemedicine Robots

    • V. Robots

    • Pharmacy Robots

    • Cart transportation robots


  • Emergency response robotic systems


Global Robot-Assisted Surgical Systems Market, by Application



  • Neurology

  • Orthopedics robotic systems

  • Laparoscopy

  • Special Education


Global Robot-Assisted Surgical Systems Market, by End User



  • Healthcare Providers

  • Healthcare Payers

  • Others


Global Robot-Assisted Surgical Systems Market, by Region



  • Americas


    • North America


      • US

      • Canada


    • Latin America


  • Europe


    • Western Europe


      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe


    • Eastern Europe


  • Asia-Pacific


    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific


  • The Middle East & Africa


    • Middle East

    • Africa



Recent Development


In May 2022


The Kokilaben Dhirubhai Ambani Hospital (KDAH) acquired its third da Vinci Robotic Surgical System, making it the only hospital with three such robots and completed 4,500 robot-assisted surgeries, an official said here.


 


The KDAH was among the first to introduce the da Vinci Robotic Surgical System in June 2012. It has completed over 4,500 robot-assisted surgeries across specialties for adult-pediatric urology, gynecology, bariatric, ENT, and cancer.

Intended Audience



  • Medical device companies

  • Laboratories

  • Government institutions

  • Research and Development (R&D) companies

  • Medical research laboratories



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   15.2% (2020 - 2030)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Product, Application, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Stryker Corporation (MAKO Surgical Corp.), Renishaw Plc, Varian, Accuray, Intuitive Surgical Inc, Health robotics S.R.L, Smith & Nephew Plc. (Blue Belt Technologies, Inc.), Auris Surgical Robotics, Inc. (Hansen Medical Inc.), KUKA AG, Mazor Robotics, Medtronic plc, THINK Surgical Inc., Zimmer Biomet Holdings Inc., Transenterix, Verb Surgical, Titan Medical, Microbot Medical, Medrobotics
  Key Market Opportunities   Increasing research & development investments by industry players from different regions
  Key Market Drivers

  • Growing demand for precision in surgical procedures
  • Increasing demand for accurate laparoscopic surgeries


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    The global market is expected to exhibit a strong 15.2% CAGR over the forecast period from 2020 to 2030.

    The growing demand for precision in surgical procedures is the major driver for the robot-assisted surgical systems market.

    The high costs of robotic surgical systems are the major restraint on the market.

    North America and Europe are the dominant regional markets for robot-assisted surgical systems.

    Leading players in the global market include THINK Surgical, Zimmer Biomet, Stryker, and Smith & Nephew, among others.