How big is the Global Surgical Robots Market?

The Global Surgical Robots Market size is expected to reach USD 7.62 billion in 2024 and grow at a CAGR of 9.07% to reach USD 11.76 billion by 2029. Read More

What is the current Global Surgical Robots Market size?

In 2024, the Global Surgical Robots Market size is expected to reach USD 7.62 billion. Read More

Who are the key players in Global Surgical Robots Market?

Intuitive Surgical Inc., Stryker Corporation, Accuray Incorporated, CMR Surgical and Renishaw PLC are the major companies operating in the Global Surgical Robots Market. Read More

Which is the fastest growing region in Global Surgical Robots Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Surgical Robots Market?

In 2024, the North America accounts for the largest market share in Global Surgical Robots Market. Read More

What years does this Global Surgical Robots Market cover, and what was the market size in 2023?

In 2023, the Global Surgical Robots Market size was estimated at USD 6.93 billion. The report covers the Global Surgical Robots Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Surgical Robots Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Surgical Robots Market Report | Industry Growth, Size & Forecast Analysis

Surgical Robots Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Surgical Robotics is Segmented by Component (Surgical System, Accessory, and Service), Area of Surgery (Gynecological Surgery, Cardiovascular, Neurosurgery, Orthopedic Surgery, Laparoscopy and Urology), and (North America, Europe, Asia Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Surgical Robots Industry Overview

The Global surgical robot market gained a competitive edge in recent years. The major firms with a sizable market share are concentrating on growing their consumer bases abroad. To grow their market shares and profitability, the corporations are using strategic joint ventures and mergers and acquisitions.

In August 2022, THINK Surgical, Inc., an innovator in orthopedic surgical robots, announced entering into a development and distribution agreement with South Korea-based Curexo, Inc., a medical robotics specialist company.

In June 2022, Intuitive, a global technology innovator in minimally invasive care and the pioneer of robotic-assisted surgery, announced that the U.S. Food and Drug Administration had cleared the integration of a mobile cone-beam CT (CBCT) imaging technology and the Ion Endoluminal System used for robotic-assisted bronchoscopy.

In January 2022, CMR Surgical, engaged in the surgical robotics business, announced the successful completion of high-volume urological procedures at the Sindh Institute of Urology and Transplantation (SIUT) using the next-generation surgical robotic system, Versius, in Pakistan.