Surgical Robots Market Size Projected To Reach $18.05 Billion By 2034 With A Cagr Of 18.2%

"The Surgical Robots 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 Surgical Robots Market Size and Its Estimated Growth Rate?
The surgical robots market size has grown rapidly in recent years. It is expected to grow from $7.87 billion in 2024 to $9.25 billion in 2025 at a compound annual growth rate (CAGR) of 17.6%. The increase can be attributed to the rising prevalence of chronic diseases, the growing elderly population, the need for high precision and accuracy in procedures, higher healthcare spending, and a surge in robotic-assisted surgeries.

The surgical robots market is forecasted to expand rapidly to $18.05 billion by 2029 at a CAGR of 18.2%. Growth is supported by wider surgical applications, increased use in developing regions, remote surgery demand, personalization in procedures, and regulatory momentum. Trends include AI for precision, smaller robotic systems, telesurgery, growth in minimally invasive techniques, and haptic technology integration.

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How Are Emerging Segments Shaping the Surgical Robots Market Landscape?
The surgical robots market covered in this report is segmented -

1) By Component: Systems, Accessories, Services
2) By Surgery Type: Gynecology Surgery, Urology Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, Other Surgeries
3) By End-Users: Clinic, Hospital, Ambulatory Care Centers, Other End Users

Subsegments:
1) By Systems: Robotic Surgical Systems, Robotic Arm Systems, Tele-surgery Systems, Modular Robotic Systems
2) By Accessories: Surgical Instruments, Camera Systems, Console And Control Units, Power Supply Units
3) By Services: Installation And Training Services, Maintenance And Repair Services, Technical Support Services, Upgrades And Software Services

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Which Growth Factors Are Influencing Surgical Robots Market Expansion?
The rising elderly and surgical patient populations are contributing to the growth of the surgical robot market. Surgical robots, known for their minimally invasive procedures that reduce patient trauma and recovery time, are becoming more crucial as the aging population increases. By 2030, the global population aged 60 and above is projected to grow to 1.4 billion, further driving the demand for surgical robots. Additionally, the rising number of surgical procedures, such as hip and knee arthroplasty, also supports market growth.

Who Are the Dominant Players Across Different Surgical Robots Market Segments?
Major companies operating in the surgical robots market include Stryker Corporation, Medrobotics Corporation, Smith & Nephew plc, TransEnterix Inc., Renishaw plc, Intuitive Surgical Inc., Medtronic plc, THINK Surgical Inc., Zimmer Biomet Holdings Inc., Johnson & Johnson, Titan Medical Inc., Mazor Robotics Ltd., KUKA Aktiengesellschaft, Avatera Medical GmbH, Corindus Vascular Robotics Inc., MicroSure (Pty) Ltd, Asensus Surgical Inc., Siemens Healthcare GmbH, CMR Surgical Ltd., Auris Health Inc., Verb Surgical Inc., OMNIlife Science Inc., Vicarious Surgical Inc., Microbot Medical Inc., Virtual Incision Corporation, Memic Innovative Surgery Ltd., XACT Robotics Ltd., EndoMaster Pte. Ltd., MST Medical Surgery Technologies Ltd., Medtech SA

What Are the Major Trends Shaping the Surgical Robots Market?
Major companies in the surgical robot market are working on the development of advanced systems like CMR Surgical's Versius, which integrates unique features to improve robotic-assisted surgeries. Versius®, a modular surgical robot developed by CMR Surgical, is designed to aid surgeons in performing minimally invasive procedures across various specialties. For instance, in June 2023, CMR Surgical, a UK-based medical equipment manufacturer, launched the Versius® Surgical Robot, highlighting its versatility and advanced capabilities to improve surgical outcomes and promote the adoption of robotic-assisted surgeries in hospitals.

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Which Geographic Regions Are Expected to Dominate the Surgical Robots Market in the Coming Years?
The countries covered in the surgical robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

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

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