Surgical Robots Market to Witness Stunning Growth during the Forecast Period 2022-2027

Recently, the healthcare industry is making strides toward progressive robotic surgeries at the helm rising calls for automation in processes. The surgical robots market is thriving with the growing acceptance and demand for minimally invasive surgery (MIS) or laparoscopic. This strategic move towards surgical robots is mainly accredited to greater precision, improved screening, and reduced discomfort, pain, blood flow & transfusion, risks of infection while carrying out complex surgical procedures. An incessant uptick in the gynecological, urological, and neurological diseases is envisaged to boost the demand for surgical robots across the global healthcare sector.

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Proliferating incorporation of surgical robots in minimally invasive surgeries, robotic assistance in surgery, tangible investments for medical robot R&D, and cutting-edge advancements in surgical robots are propelling significant gains to the surgical robots market. Besides, the growing needs of modern end-users have led to the introduction of new and futuristic robots.

Surgical Robots Application in Neurosurgery Foresee Momentous Growth

As per the research, the mounting application of surgical robots in neurosurgery is expected to make significant contributions to the surgical robots market in the years to come. Unlike conventional surgery techniques that are less efficient, the use of surgical robots advocates efficiency, and accuracy, and provides productive, successful outcomes. Additionally, the adoption of these robots has made treatment for minors with epilepsy and other critical brain disorders easier, safe, and efficacious. On the whole, the ability to carry out procedures with minimum pain, chances of infection, and time augur well for the holistic growth of the surgical robots market.

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North America Gains Supremacy in the Surgical Robots Market

Projections point out that North America would sustain its dominance over the prediction timeline. Surging technological advancements in the surgical robots space, presence of major players are building the momentum for market expansion. With growing awareness regarding the benefits and efficacy of these robots in treatment procedures, the acceptance rates have escalated in the region. Robust investments to promote research and development activities coupled with the rising adoption of surgical robots for general surgery procedures in the U.S., and pediatric surgeries in Canada are propelling the demand for surgical robots. Considering the rising incidence of cardiovascular diseases, the demand for minimally invasive surgeries is set to expand at an exponential rate, accelerating the demand for robotic surgical systems.

Asia Pacific is expected to witness consistent growth during the forecast period owing to the increasing use of surgical robots to treat cancer and other oncology segments and R&D activities. Furthermore, the Middle East & Africa is projected to grow at a steady pace, while Europe is anticipated to lose its market share.

With Strategic Alliances and Merger Acquisitions, Prominent Stakeholders are Shaping the Surgical Robots Market

World over, TransEnterix Surgical, Medtronic, Stryker Corporation, Microsure, Zimmer Biomet, and Intuitive Surgical are a few prominent entities operating in the surgical robots market. The major players are strengthening their positions in the market by incorporating various growth strategies like rolling out new products, mergers and acquisitions, and collaborations. To cite an instance, Corin Group launched OMNBiotics 2.7 in 2021 with an aim to broaden its customer reach, upgrade its portfolio, and enhance the robot-assisted platform in knee arthroplasty. Following that year, Stryker acquired OrthoSensor to reinforce its Mako robots line of products.

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By Product and Service

• Instruments and Accessories
• Robotic Systems
• Services

By Application

• General Surgery
• Gynecological Surgery
• Urological Surgery
• Neurosurgery
• Orthopedic Surgery
• Other Applications

By End User

• Hospitals
• Ambulatory Surgery Centers

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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