Robotic surgery, also called robotic surgery, allows doctors to perform many types of complex procedures with greater precision, flexibility, and control than conventional techniques. Robotic surgery is usually associated with minimally invasive procedures performed through small incisions. It is also sometimes used in some traditional open surgical procedures. It is a broad concept that encompasses many common procedures, such as urological surgery, orthopedic procedure, laparoscopic cholecystectomy (gall bladder excision), gynecological surgery, and others. The most commonly used clinical robotic surgical system includes a camera arm and mechanical arms with attached surgical instruments. The surgeon checks his arms while sitting at a computer console next to the operating table. The console provides the surgeon with an enlarged, high-definition 3D view of the surgical site. The surgeon directs other team members who assist during the surgery. The global surgical robots market is projected to reach US$ 17,647.82 million by 2028 from US$ 6,839.07 million in 2021. It is expected to register a CAGR of 14.8% from 2022 to 2028.
Based on application, the global surgical robots market is segmented into urological surgery, orthopedic surgery, general surgery, gynecological surgery, cardiothoracic surgery, neurosurgery, and other applications. In 2022, the urological surgery segment would account for a higher share, and gynecological surgery is expected to dominate the market in the near future.While the gynecological surgery segment will grow at the fastest CAGR from 2022 to 2028. The rise in the prevalence of gynecological disorders will drive the segment during the forecast period.
Based on end user, the market is segmented by hospitals, ambulatory surgical centers, and others. by the end of 2022, the hospitals will hold the largest market share by application. Moreover, ambulatory surgical centers are expected to grow at the fastest CAGR from 2022 to 2028.
Intuitive Surgical; Stryker; Zimmer Biomet; Smith+Nephew; Johnson & Johnson Services, Inc.; Siemens Healthineers; Renishaw plc; Asensus Surgical, Inc.; THINK Surgical, and Medtronic are some of the leading market players in the global surgical robots market.
The report segments the global surgical robots market as follows:
Based on components, the global surgical robots market is segmented into instruments & accessories, robotic systems, and services. Instruments and Accessories to hold the largest share of the components segment in the global surgical robots market during 2022-2028 and is expected to be around US$ 9,673.90 million by 2028 from the US$ 3584.57 million in 2021; it is estimated to grow at a CAGR of 15.5% during 2022-2028. The report highlights the key factors driving the global surgical robots market and prominent players with their developments in the global surgical robots market. Rising expenditure to develop healthcare infrastructure coupled with rising research and development proficiencies to make advancements in healthcare technology is further propelling growth in the global surgical robots market value. Increasing patient preference for minimally invasive procedures and increasing personal disposable income are some other market growth determinants.
Based on application, the global surgical robots market is segmented into urological surgery, orthopedic surgery, general surgery, gynecological surgery, cardiothoracic surgery, neurosurgery, and others. By the end of 2022, the urological surgery segment will account for the highest share, and gynecological surgery is expected to dominate the market in the near future. The urological surgery segment has a CAGR of 15.6%, while the gynecological surgery segment will grow at a 15.9% CAGR from 2022 to 2028. The rise in the prevalence of gynecological disorders is projected to drive the segment during the forecast period.
Based on end user, the market is segmented by hospitals, ambulatory surgical centers, and others. By the end of 2022, the hospitals segment is expected to hold the largest market share. Moreover, ambulatory surgical centers are expected to grow at the fastest CAGR of 15.3% from 2022 to 2028.
By geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific), the Middle East & Africa (Saudi Arabia, South Africa, the UAE, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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