Robotic Surgery Devices Market Size Forecasted To Achieve $16.17 Billion By 2029 With Steady Growth

The Robotic Surgery Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Robotic Surgery Devices Market Size and Its Estimated Growth Rate?
The market for robotic surgery devices has enjoyed a brisk expansion in recent times. It is forecasted to expand from $7.84 billion in 2024 to $8.89 billion in 2025, displaying a compound annual growth rate (CAGR) of 13.4%. The notable growth in the preceding years owes itself to increased utilization of surgical robots, the expansion of healthcare institutions, advantageous governmental laws and hikes in healthcare expenditure, alongside the rapid rise in the elderly demographic.

In the upcoming years, the market size for robotic surgery devices is projected to undergo swift expansion, escalating to a value of $16.17 billion by 2029 with a compound annual growth rate (CAGR) of 16.1%. The anticipated growth within the forecast period is largely due to a surge in product launches, the rising prevalence of chronic disorders, the preference for minimally invasive surgical procedures, and an increment in healthcare expenditure. The major trends predicted to shape the forecast period include the use of in-vivo robots and nanobots in surgical services, development of new technologies, a rise in merger and acquisition activity, and the integration of artificial intelligence in robotic surgical services.

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How Are Emerging Segments Shaping the Robotic Surgery Devices Market Landscape?
The robotic surgery devices market covered in this report is segmented -

1) By Product: Robotic systems, Instruments & Accessories, Services
2) By Application: General Surgery, Urological Surgery, Gynecological Surgery, Orthopaedics Surgery, Neurosurgery And Other Applications.
3) By End-Use: Hospitals And Ambulatory Surgery Centers (Ascs).

Subsegments:
1) By Robotic Systems: Surgical Robotic Systems, Teleoperated Robotic Systems, Autonomous Robotic Systems
2) By Instruments And Accessories: Surgical Instruments, Endoscopes, Vision Systems, Energy Devices
3) By Services: Maintenance And Repair Services, Training And Support Services, Consulting Services

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Which Growth Factors Are Influencing Robotic Surgery Devices Market Expansion?
The surge in the need for least invasive technology is propelling the market for robotic surgical devices. Such devices used in Minimal Invasive (MI) surgeries are armed with imaging and catheter technologies that can be easily implanted in any body part. Robotic surgical procedures are typically linked to minimally invasive surgeries and predominantly employed in heart, laparoscopy, orthopedic, gynecology, and urology surgeries. The introduction of robotic surgeries aimed to lessen patient hospital stay duration (LOS), pain, complications, time to return to work, and reoperations. For example, in June 2024, the US specialty organization, the American Society of Plastic Surgeons, reported a 7 percent increase in minimally invasive operations over surgical procedures by 2 percent in 2023, with neuromodulator injections and hyaluronic acid fillers surpassing 9 million and 5 million treatments, respectively. Consumer tastes are evolving, and hospitals are embracing robotic surgical devices to offer more value and cost-effective surgical methods.

Who Are the Dominant Players Across Different Robotic Surgery Devices Market Segments?
Major companies operating in the robotic surgery devices market include Intuitive Surgical Inc., Stryker Corporation, Medtronic plc, Smith & Nephew plc, Johnson & Johnson, TransEnterix, Inc., Zimmer Biomet Holdings, Inc., Auris Health, Inc., CMR Surgical Ltd., Verb Surgical Inc., Renishaw plc, Think Surgical, Inc., Corindus Vascular Robotics, Inc., Mazor Robotics Ltd., Titan Medical Inc., Accuray Incorporated, OMNI Life Science, Inc., Virtual Incision Corporation, Medrobotics Corporation, Preceyes BV, Microbot Medical Inc., Asensus Surgical, Inc., Avatera Medical GmbH, Medicaroid Corporation, Hansen Medical, Inc., Edge Surgical, Inc., Synaptive Medical, Aesculap, Inc., Verb Surgical

What Trends Are Driving Growth in The Robotic Surgery Devices Market?
The continued progression in surgical products and technologies is opening up new avenues in the market for robotic surgery devices within the healthcare sector. Larger investments in research and development are enabling investors to provide value to their customers through the manufacture of medical-surgical items such as robotic surgery devices using cutting-edge technologies. Surgeries have been rendered more manageable with the adoption of robotic systems outfitted with optical imaging, surgical instruments, tools, and peripherals. A few of the surgical advancements contributing added value and opportunity in the medical industry include 3-D high-definition endoscope (Multi-Angle Rear-Viewing Endoscopic tool) devices for neurosurgery, Smart surgical spectacles (built with a video camera and head-mounted display) which function like computers and can employ for real-time observance of surgeries, surgical automatons integrated with artificial intelligence which mimic the role of doctors, and humanoid robots utilized for highly intricate surgeries relating to the eye and brain. Remote robotics makes for another advanced surgical tool allowing surgeons to assist with surgical procedures from any location. Hence, due to their innovative and technological evolution, robotic surgery devices hold significant standing within the healthcare field.

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Which Geographic Regions Are Expected to Dominate the Robotic Surgery Devices Market in the Coming Years?
North America was the largest region in the robotic surgery devices market in 2024. Western Europe was the second largest market in global robotic surgery devices market. The regions covered in the robotic surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Robotic Surgery Devices Market?
2. What is the CAGR expected in the Robotic Surgery Devices Market?
3. What Are the Key Innovations Transforming the Robotic Surgery Devices Industry?
4. Which Region Is Leading the Robotic Surgery Devices Market?

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