Press release
Global Surgical Robots Market Expands to US$17.65B by 2028 from US$6.84B, 14.8% CAGR
Surgeons worldwide stand at the forefront of a medical revolution, wielding surgical robots that transform complex operations into feats of precision, reducing recovery times and enhancing patient outcomes in ways once unimaginable. The Surgical Robots Market empowers healthcare heroes-from robotic-assisted hysterectomies to intricate neurosurgeries-blending human expertise with machine accuracy to tackle chronic diseases and aging populations head-on. As hospitals embrace these life-changing tools, the focus sharpens on safer procedures that let patients return to loved ones faster.Check valuable insights in the Surgical Robots Market report. You can easily get a sample PDF of the report - https://www.theinsightpartners.com/sample/TIPRE00003741?utm_source=OpenPr&utm_medium=10457
The surgical robots market size is projected to grow from the market is expected to reach US$ 17,647.82 million by 2028 from US$ 6,839.07 million in 2021. It is expected to grow at a CAGR of 14.8% during 2022-2028.
Market Overview
The surgical robots market spans robotic systems, instruments, accessories, and services across orthopedics, laparoscopy, neurosurgery, and cardiology. Da Vinci-like platforms dominate, enabling 3D visualization and wristed instruments for intricate maneuvers beyond human hands. Hospitals lead adoption, with ambulatory centers accelerating via cost efficiencies.
North America commands the lead through high procedure volumes and tech investments, while Asia-Pacific surges with healthcare modernization in China, India, and Japan. Europe prioritizes regulatory-aligned expansions in robotics.
Market Insights and Analyst View:
Surgical robots are used in minimally invasive surgery, as they help manipulate surgical instruments in a small operation space. These are micromanipulators for minimally invasive neurosurgery. Surgical robots can be used in many surgeries, such as urological surgery, laparoscopic cholecystectomy, gall bladder excisions, etc. The scope of the surgical robots market includes components, applications, end users, and geography. The market for surgical robots is analyzed based on major countries such as North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America.
Key driving factors such as the surging number of surgical procedures and new product launches and approvals define market growth. For Instance, in February 2023, Asensus Surgical uncovered its next-generation surgical robot platform, Luna. It is a next-generation surgical platform, instruments, and real-time intraoperative clinical intelligence. Its final component, a protected cloud platform, utilizes machine learning to deliver clinical insights. Luna enables Asensus' vision of performance-guided surgery. Cutting-edge technology has released new realms of business with expanded therapeutics by tapping growth markets with great potential for the coming years.
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Key Trends
AI-driven analytics enable real-time decision-making, predictive outcomes, and personalized surgeries. Miniaturized robots suit outpatient settings, cutting hospital stays. Chronic conditions like cancer and obesity fuel demand for precision in urology and bariatrics.
Tele-surgery and training platforms expand access, while sustainability focuses on reusable components.
Market Analysis and Forecast to 2028
Market Size and Share: Consistent expansion anticipated, with robotic systems holding the largest share; services grow fastest via maintenance and training needs.
Global Trends: Minimally invasive shift, chronic disease prevalence, and AI advancements propel adoption; orthopedics and general surgery lead applications.
Regional Analysis: North America dominates with infrastructure; Asia-Pacific fastest via investments; Europe strong in neurosurgery and regulations.
Forecast: Strong growth trajectory to 2028, driven by AI-IoT, outpatient expansion, and emerging market accessibility.
Growth Drivers:
Surging Number of Surgical Procedures Propels Surgical Robots Market Growth
There is a rise in the number of surgeries performed across the world. In the last few years, lung cancer incidence has increased, leading to further treatment. For Instance, in the US, lung cancer is the second most common cancer in both men and women. As per the American Cancer Society, Inc., as of 2023, approximately 238,340 adults (117,550 men and 120,790 women) in the US have been diagnosed with lung cancer, and ~127,070 (67,160 in men and 59,910 in women) have succumbed to death due to the disease. Lung Cancer accounts for 1 in 5 of all cancer deaths, making it a leading cause of cancer death in the US. These include both small cell lung cancer and NSCLC. NSCLC is the most common type of lung cancer, account 81% of all lung cancer diagnoses. For all types of lung cancer in the US, the 5-year relative survival rate is 23%, and for NSCLC, the 5-year relative survival rate for men and women is 23% and 33%, respectively. In the US, screening for lung cancer is recommended with a test called a spiral computed tomography (CT or CAT) scan. Preventive Services Task Force (USPSTF) states that people aged 50-80 and with a history of smoking 20 pack years or more should undergo lung cancer screening with LDCT scans each year. Furthermore, robotic-assisted surgery for lung cancer offers advantages over open chest surgery, as it requires a shorter hospital stay and faster recovery time. Thus, the increasing number of lung cancer incidences has resulted in the surging demand for surgical robots.
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Future Outlook
By 2028, the surgical robots market will democratize advanced care, integrating fully autonomous elements and global tele-procedures for equitable outcomes. Leaders like Intuitive Surgical, Medtronic, and Stryker pave the way, ensuring every surgery prioritizes precision and humanity.
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Contact Us:
If you have any queries about this report or if you would like further information, please get in touch with us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.
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