Surgical Robotics Market Size US$12.54B By 2031| Robotic-Assisted Surgery Types, Benefits & Global Market Growth | Most Leading Companies - Intuitive Surgical, Stryker Corporation, Medtech Surgical

Global Surgical Robotics market reached US$ 5.29 billion in 2023 and is expected to reach US$12.54 billion by 2031, growing at a CAGR of 11.3% during the forecast period 2024-2031.

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Surgical Robotics refers to advanced robotic systems used by surgeons to perform minimally invasive procedures with enhanced precision, flexibility, and control. These systems often include robotic arms, cameras, and specialized instruments controlled via a console.

List of the Key Players in the Surgical Robotics Market:

Intuitive Surgical, Stryker Corporation, Medtech Surgical, THINK Surgical, Asensus Surgical, CMR Surgical, Stereotaxis, Distalmotion, EndoQuest Robotics, Medicaroid Corporation among others.

Emerging Players

The emerging players in the surgical robots market include Quantum Surgical, MicroPort MedBot, Brain Lab and among others.

Industry Development:

In May 2023, Robocath, a French company specializing in robotic solutions for cardiovascular treatment, introduced its latest innovation - the R-One+ robotic platform. Unveiled at EuroPCR 2023 in Paris, the system is designed for use in coronary angioplasty procedures. The R-One+ aims to reduce radiation exposure for medical staff while enhancing the precision, safety, and ease of cardiovascular interventions.

In February 2023, Asensus Surgical announced a multi-year partnership with Google Cloud to enhance its robotic surgery platform. As part of the collaboration, Google Cloud's secure architecture and machine learning capabilities will be integrated into Asensus' system. This integration will strengthen the company's Intelligent Surgical Unit (ISU), further advancing its performance-guided surgical platform and enabling smarter, more data-driven procedures.

Research Process:

Both primary and secondary data sources have been used in the global Surgical Robotics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Surgical Robotics Market:

By Product Type: Robotic Surgery Systems, Instruments and Accessories

By Indication: General Surgery, Orthopedic, Neurosurgery, Cardiovascular, Gynecology, Radiology, Others

By End User: Hospitals, Ambulatory Surgical Centers, Others

Regional Analysis for Surgical Robotics Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Surgical Robotics market?

➠ Who are the leading manufacturers in the global Surgical Robotics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Surgical Robotics industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Surgical Robotics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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