Surgical Robots Market

Surgical Robots Market by Product & Service (Instruments, Robotic Systems, Services), Application ( General Surgery, Gynecological Surgery, Orthopedic Surgery, Neurosurgery), End User (Hospitals, Ambulatory Surgery Center) & Region - Global Forecast to 2027

Report Code: MD 6781 Jan, 2023, by marketsandmarkets.com

Updated on : April 12, 2023

The global surgical robots market in terms of revenue was estimated to be worth $8.5 billion in 2022 and is poised to reach $18.4 billion by 2027, growing at a CAGR of 16.6% from 2022 to 2027. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. Technological advancements in surgical robots and the advantages of robotic-assisted surgery are the factors contributing to the growth of the surgical robot market.

Global Surgical Robots Market Trends

Surgical Robots Market

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Surgical Robots Market Dynamics

Driver: Advantages of robotic-assisted surgery

Globally, due to the advantages such as smaller incisions, fewer cuts, decreased scarring, reduced pain, increased safety, faster recovery periods, and considerable cost savings, minimally invasive surgeries (MIS) are on the rise. Robotic minimally invasive surgery adds to these advantages by ensuring greater accuracy, repeatability, control, and efficiency. These procedures also offer highly advanced visualisation capabilities that aid surgeons with a superior view of the operating area and use HD cameras to illustrate microscopic structures. These systems provide greater dexterity than the human hand; given their ability to rotate 360 degrees and superior maneuverability, robots can allow surgeons to reach hard-to-access areas. These benefits of surgical robots, as well as rising demand for better, faster healthcare services, are expected to drive the growth of the market in the coming years.

Restraint: high cost of robotic systems

Robot-assisted surgeries are more expensive than minimally invasive surgeries. It is recommended by the American Congress of Obstetricians and Gynecologists that robotic hysterectomy should only be used for unusual and complex clinical conditions. The association states that in the US, the adoption of robotic surgery for all hysterectomies would add an estimated USD 960 million to the annual cost of hysterectomy surgeries. SS Innovations (India) launched Mantra, a robotic surgical system that costs around Rs 4.5 crore, whereas the Da Vinci system, one of the most commonly used robotic systems, costs between USD 1.5 million and USD 2.5 million (Rs 15 crore) (Source: Business Standard, September 2022). The rising cost of surgeries due to the use of robotic systems is thus expected to restrain the growth of the medical robot market.

Opportunity: Increasing penetration of surgical robots in ASCs

Outpatient surgery, also known as ambulatory surgery, day surgery, day case surgery, or same-day surgery, does not require an overnight hospital stay. The term "outpatient" means patients may enter and leave the facility on the same day. Greater convenience and reduced costs are the advantages of outpatient surgery over inpatient surgery. Ambulatory surgery centres (ASCs) are freestanding facilities specialising in surgical, diagnostic, and preventive procedures that do not require hospital admission. The cost-effectiveness of ASCs provides significant savings for governments, third-party payers, and patients. Medicare and its beneficiaries save each year because they pay significantly less for procedures performed in ASCs than the rates paid to hospitals for the same procedures. Patient co-payments are also significantly lower when care is received at an ASC. Owing to these cost benefits, there has been a rapid increase in the number of surgical procedures performed in ASCs and outpatient settings, while hospital in-patient visits have decreased.

Challenge: Surgical Errors

Surgical errors are a serious public health problem and a leading cause of death. Surgical errors are a leading cause of injury in healthcare systems. Globally, unsafe surgical care procedures cause complications in up to 25% of patients. Every year, approximately 7 million people experience surgical complications, among which more than 1 million people die (source: WHO, Patient Safety 2019). According to the NCBI, at least 4,000 surgical errors occur each year in the US. Therefore, many patients are reluctant to undergo surgical procedures, hindering the adoption of surgical robots by surgeons.

The instruments and accessories segment accounted for the largest share of the surgical robots market.

Based on product and service, the market has been segmented into robotic systems, instruments and accessories, and services. In 2021, the instruments and accessories segment accounted for the largest share of the surgical robot market. Growth in this segment is largely attributed to the recurrent purchase of instruments and accessories instead of robotic systems.

The laparoscopy robotic system segment held the largest share of the surgical robots market.

Based on robotic systems, the market has been segmented into laparoscopy robotic systems, orthopaedic robotic systems, neurosurgical robotic systems, and other systems. The laparoscopy robotic system segment held the largest share of the market in 2021. The growing number of laparoscopic surgeries is the key factor supporting the segment's largest share.

The urological surgery segment accounted for the second largest share of the surgical robots market.

By application, the market has been segmented into general surgery, urological surgery, gynaecological surgery, orthopaedic surgery, neurosurgery, and other applications. The orthopaedic robotic system segment held the second-largest share of the market in 2021. An increasing number of robotic urological surgeries will fuel the demand for surgical robots.

The ambulatory surgery centres segment accounted for the second largest share of the surgical robots market.

Based on end users, the market is segmented into hospitals, clinics, and ambulatory surgery centers. Hospitals and clinics will account for the largest share of the market. In 2021, the ambulatory surgery centres segment accounted for the second-largest share of the surgical robot market. The large share of this segment can be attributed to the adoption of surgical procedures offered by ASCs at a lower cost than hospitals.

North America accounted for the largest share of the surgical robots market.

North America will account for the largest share of the market. The region's large share can be attributed to the surge in the adoption of surgical robots by hospitals in the country, the increasing volume of robotic-assisted surgical procedures, and the favourable reimbursement policies.

Surgical Robots Market by Region

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The prominent players in the surgical robot market are Intuitive Surgical (US), Stryker Corporation (US), Medtronic Plc (Ireland), Smith & Nephew (UK), Zimmer Biomet (US), Asensus Surgical (US), Siemens Healthineers (Germany), CMR Surgical (UK), Johnson & Johnson (US), and Renishaw Plc. (UK).

Surgical Robots Market Report Scope

Report Metric

Details

Market Revenue in 2022

$8.5 billion

Projected Revenue by 2027

$18.4 billion

Revenue Rate

Poised to grow at a CAGR of 16.6%

Market Driver

Advantages of robotic-assisted surgery

Market Opportunity

Increasing penetration of surgical robots in ASCs

The study categorizes the Surgical robots market to forecast revenue and analyze trends in each of the following submarkets:

By Product & Service

  • Instruments & Accessories
  • Robotic Systems
  • Laparoscopy Robotic Systems
  • Orthopedic Robotic Systems
  • Neurosurgical Robotic Systems
  • Other Systems
  • Services

By Application

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

By End User

  • Hospitals & Clinics
  • Ambulatory Surgery Centers

By Region

  • North America
    • Canada
    • US
  • Europe
    • UK
    • Germany
    • Italy
    • France
    • Spain
    • Switzerland
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of APAC
  • Latin America
  • Middle East & Africa

Recent Developments

  • In 2022, BGS Beta-Gamma-Service GmbH & Co. KG expanded its laboratory in Wiehl to meet the increased need for sterilisation services in the sectors of biotechnology, medicine, and diagnostics for radiation cross-linking.
  • In 2022, Sterigenics expanded its electron beam facility located in Columbia City, Indiana. This facility provides mission-critical E-beam sterilisation services to help ensure the safety of medical devices and drug products.
  • In 2021, STERIS acquired Cantel, which is a provider of infection prevention services, and this acquisition will strengthen STERIS' leadership in infection prevention by bringing together two complementary businesses.
  • In 2020, STERIS added X-rays to its product portfolio in addition to the existing gamma irradiation by expanding its facility in Thailand.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION & SCOPE 
           1.2.1 INCLUSIONS & EXCLUSIONS
           1.2.2 MARKETS COVERED
                    FIGURE 1 SURGICAL ROBOTS MARKET SEGMENTATION
           1.2.3 YEARS CONSIDERED
    1.3 CURRENCY 
          TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD
    1.4 STAKEHOLDERS 
    1.5 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 32)
    2.1 RESEARCH DATA 
    2.2 RESEARCH DESIGN 
          FIGURE 2 RESEARCH DESIGN
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY RESEARCH
                    FIGURE 3 PRIMARY SOURCES
                    2.2.2.1 Key data from primary sources
                    2.2.2.2 Insights from primary experts
                    2.2.2.3 Breakdown of primaries
                                FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.3 MARKET SIZE ESTIMATION 
          FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
          FIGURE 6 SURGICAL ROBOTS MARKET: REVENUE SHARE ANALYSIS ILLUSTRATION OF STRYKER CORPORATION
          FIGURE 7 TOP-DOWN APPROACH
          FIGURE 8 CAGR PROJECTIONS
          FIGURE 9 IMPACT ON MARKET GROWTH & CAGR: ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES (2022–2027)
    2.4 RECESSION IMPACT ANALYSIS 
    2.5 DATA TRIANGULATION APPROACH 
          FIGURE 10 DATA TRIANGULATION METHODOLOGY
    2.6 MARKET SHARE ESTIMATION 
    2.7 ASSUMPTIONS 
    2.8 LIMITATIONS 
           2.8.1 METHODOLOGY-RELATED LIMITATIONS
           2.8.2 SCOPE-RELATED LIMITATIONS
    2.9 RISK ASSESSMENT 
          TABLE 2 RISK ASSESSMENT: SURGICAL ROBOTS MARKET
 
3 EXECUTIVE SUMMARY (Page No. - 45)
    FIGURE 11 SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2022 VS. 2027 (USD MILLION)
    FIGURE 12 SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
    FIGURE 13 SURGICAL ROBOTS MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
    FIGURE 14 SURGICAL ROBOTS MARKET, BY END USER, 2022 VS. 2027 (USD MILLION)
    FIGURE 15 GEOGRAPHICAL SNAPSHOT OF SURGICAL ROBOTS MARKET
 
4 PREMIUM INSIGHTS (Page No. - 49)
    4.1 SURGICAL ROBOTS MARKET OVERVIEW 
          FIGURE 16 GROWING ADOPTION OF SURGICAL ROBOTS TO DRIVE MARKET
    4.2 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE AND COUNTRY (2021) 
          FIGURE 17 INSTRUMENTS & ACCESSORIES ACCOUNTED FOR LARGEST SHARE OF SURGICAL ROBOTS MARKET IN 2021
    4.3 SURGICAL ROBOTS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 
          FIGURE 18 CHINA TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
    4.4 SURGICAL ROBOTS MARKET, BY REGION (2020−2027) 
          FIGURE 19 NORTH AMERICA TO CONTINUE TO DOMINATE MARKET DURING FORECAST PERIOD
    4.5 SURGICAL ROBOTS MARKET: DEVELOPED VS. EMERGING MARKETS 
          FIGURE 20 EMERGING MARKETS TO REGISTER HIGHER GROWTH RATES DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 53)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 21 SURGICAL ROBOTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Advantages of robotic-assisted surgery
                    5.2.1.2 Technological advancements
                    5.2.1.3 Improving reimbursement scenario
                    5.2.1.4 Increasing adoption of surgical robots
                    5.2.1.5 Increasing funding for medical robot research
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of robotic systems
                                FIGURE 22 COST DIFFERENCE BETWEEN LAPAROSCOPIC AND ROBOTIC SURGERIES
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing penetration of surgical robots in ASCs
                    5.2.3.2 Growth opportunities in emerging markets
           5.2.4 CHALLENGES
                    5.2.4.1 Surgical errors
    5.3 ECOSYSTEM ANALYSIS 
          FIGURE 23 MEDICAL ROBOTS (PARENT MARKET): ECOSYSTEM ANALYSIS
          FIGURE 24 SURGICAL ROBOTS MARKET: ECOSYSTEM ANALYSIS
    5.4 KEY CONFERENCES & EVENTS, 2022–2023 
          TABLE 3 SURGICAL ROBOTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS
    5.5 PORTER’S FIVE FORCES ANALYSIS 
           5.5.1 THREAT FROM NEW ENTRANTS
           5.5.2 THREAT FROM SUBSTITUTES
           5.5.3 BARGAINING POWER OF SUPPLIERS
           5.5.4 BARGAINING POWER OF BUYERS
           5.5.5 INTENSITY OF COMPETITIVE RIVALRY
    5.6 TECHNOLOGY ANALYSIS 
          TABLE 4 BENEFITS AND EXAMPLES OF TECHNOLOGICAL ADVANCEMENT IN MARKET
          TABLE 5 TECHNOLOGICAL ADVANCEMENTS IN SURGICAL ROBOTS
    5.7 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
          TABLE 6 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.8 REGULATORY ANALYSIS 
           5.8.1 NORTH AMERICA
                    5.8.1.1 US
                                TABLE 7 US FDA: MEDICAL DEVICE CLASSIFICATION
                                TABLE 8 US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS
           5.8.2 EUROPE
           5.8.3 ASIA PACIFIC
                    5.8.3.1 Japan
                                TABLE 9 JAPAN: MEDICAL DEVICE CLASSIFICATION UNDER PMDA
                    5.8.3.2 China
                                TABLE 10 CHINA: CLASSIFICATION OF MEDICAL DEVICES
                    5.8.3.3 India
    5.9 PRICING ANALYSIS 
          FIGURE 25 AVERAGE SELLING PRICE OF ROBOTIC SYSTEMS, BY KEY PLAYER
          TABLE 11 AVERAGE SELLING PRICE OF ROBOTIC SYSTEMS, BY KEY PLAYER (USD)
          FIGURE 26 AVERAGE SELLING PRICE TREND OF ROBOTICS SYSTEMS, BY TYPE (2018 VS. 2021)
    5.10 VALUE CHAIN ANALYSIS 
           FIGURE 27 VALUE CHAIN ANALYSIS: MAXIMUM VALUE IS ADDED DURING MANUFACTURING PHASE
    5.11 PRODUCT PIPELINE ASSESSMENT 
           5.11.1 CLINICAL TRIALS FOR SURGICAL ROBOTS
                     TABLE 12 SURGICAL ROBOTS: INDICATIVE LIST OF CLINICAL TRIALS IN PHASE I, II, AND III
    5.12 PATENT ANALYSIS 
           5.12.1 PATENT PUBLICATION TRENDS FOR SURGICAL ROBOTS
                     FIGURE 28 PATENT PUBLICATION TRENDS (JANUARY 2011–NOVEMBER 2022)
           5.12.2 INSIGHTS: JURISDICTION AND TOP APPLICANT ANALYSIS
                     FIGURE 29 TOP PATENT APPLICANTS AND OWNERS (COMPANIES/INSTITUTES) FOR SURGICAL ROBOTS (JANUARY 2011–NOVEMBER 2022)
                     FIGURE 30 TOP APPLICANT JURISDICTIONS FOR SURGICAL ROBOT PATENTS (JANUARY 2011–NOVEMBER 2022)
                     TABLE 13 LIST OF PATENTS IN SURGICAL ROBOTS MARKET, 2020–2022
    5.13 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ROBOTIC SYSTEMS AND INSTRUMENTS & ACCESSORIES
                     TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ROBOTIC SYSTEMS AND INSTRUMENTS & ACCESSORIES
           5.13.2 BUYING CRITERIA
                     FIGURE 32 KEY BUYING CRITERIA FOR ROBOTIC SYSTEMS AND INSTRUMENTS & ACCESSORIES
                     TABLE 15 KEY BUYING CRITERIA FOR ROBOTIC SYSTEMS AND INSTRUMENTS & ACCESSORIES
 
6 SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE (Page No. - 80)
    6.1 INTRODUCTION 
          TABLE 16 SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
    6.2 INSTRUMENTS & ACCESSORIES 
           6.2.1 NEED FOR RECURRENT PURCHASE OF INSTRUMENTS & ACCESSORIES TO DRIVE MARKET GROWTH
                    TABLE 17 SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
    6.3 ROBOTIC SYSTEMS 
          TABLE 18 SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 19 SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
           6.3.1 LAPAROSCOPIC ROBOTIC SYSTEMS
                    6.3.1.1 Growing popularity of laparoscopic robotic surgeries to drive market
                                TABLE 20 NUMBER OF LAPAROSCOPIC SURGICAL PROCEDURES PERFORMED, 2010 VS. 2020 (PER 100,000 INHABITANTS)
                                TABLE 21 LAPAROSCOPIC ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
           6.3.2 ORTHOPEDIC ROBOTIC SYSTEMS
                    6.3.2.1 Increasing number of market players offering orthopedic robots to support growth
                                FIGURE 33 NUMBER OF HIP REPLACEMENT SURGICAL PROCEDURES PERFORMED, 2009 VS. 2019
                                FIGURE 34 NUMBER OF KNEE REPLACEMENT SURGICAL PROCEDURES PERFORMED, 2009 VS. 2019
                                TABLE 22 ORTHOPEDIC ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
           6.3.3 NEUROSURGICAL ROBOTIC SYSTEMS
                    6.3.3.1 Advantages like better reproducibility and greater precision to drive uptake
                                TABLE 23 NEUROSURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
           6.3.4 OTHER ROBOTIC SYSTEMS
                    TABLE 24 OTHER SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
    6.4 SERVICES 
           6.4.1 ONGOING NEED FOR SERVICES TO PROPEL MARKET
                    TABLE 25 SURGICAL ROBOT SERVICES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
 
7 SURGICAL ROBOTS MARKET, BY APPLICATION (Page No. - 91)
    7.1 INTRODUCTION 
          TABLE 26 SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
    7.2 GENERAL SURGERY 
           7.2.1 GROWING PREFERENCE FOR ROBOTIC-ASSISTED GENERAL SURGICAL PROCEDURES TO DRIVE MARKET GROWTH
                    TABLE 27 SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
    7.3 GYNECOLOGICAL SURGERY 
           7.3.1 RISING NUMBER OF HYSTERECTOMIES TO INCREASE DEMAND FOR SURGICAL ROBOTS
                    TABLE 28 SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
    7.4 ORTHOPEDIC SURGERY 
           7.4.1 GROWING PREFERENCE FOR KNEE RECONSTRUCTION PROCEDURES TO SUPPORT GROWTH
                    TABLE 29 SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
    7.5 UROLOGICAL SURGERY 
           7.5.1 GROWING PREVALENCE OF UROLOGICAL DISEASES TO FUEL DEMAND FOR SURGICAL ROBOTS
                    TABLE 30 SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
    7.6 NEUROSURGERY 
           7.6.1 INCREASING USE OF ROBOTIC TECHNOLOGIES IN NEUROSURGICAL PROCEDURES TO DRIVE ADOPTION
                    TABLE 31 SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
    7.7 OTHER APPLICATIONS 
          TABLE 32 SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION)
 
8 SURGICAL ROBOTS MARKET, BY END USER (Page No. - 101)
    8.1 INTRODUCTION 
          TABLE 33 SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
    8.2 HOSPITALS & CLINICS 
           8.2.1 INCREASING NUMBER OF ROBOTIC-ASSISTED SURGERIES TO PROPEL MARKET GROWTH
                    TABLE 34 RECENTLY ACQUIRED SURGICAL ROBOT SYSTEMS IN HOSPITALS
                    TABLE 35 SURGICAL ROBOTS MARKET FOR HOSPITALS & CLINICS, BY COUNTRY, 2020–2027 (USD MILLION)
    8.3 AMBULATORY SURGERY CENTERS 
           8.3.1 GROWING PATIENT PREFERENCE FOR AMBULATORY CENTERS DUE TO COST-EFFECTIVE TREATMENTS TO DRIVE GROWTH
                    TABLE 36 SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY COUNTRY, 2020–2027 (USD MILLION)
 
9 SURGICAL ROBOTS MARKET, BY REGION (Page No. - 107)
    9.1 INTRODUCTION 
          FIGURE 35 SURGICAL ROBOTS MARKET: GEOGRAPHIC SNAPSHOT (2021)
          TABLE 37 SURGICAL ROBOTS MARKET, BY REGION, 2020–2027 (USD MILLION)
    9.2 NORTH AMERICA 
          FIGURE 36 NORTH AMERICA: SURGICAL ROBOTS MARKET SNAPSHOT
          TABLE 38 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 39 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
          TABLE 40 NORTH AMERICA: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 41 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 42 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.2.1 IMPACT OF RECESSION ON NORTH AMERICAN SURGICAL ROBOTS MARKET
           9.2.2 US
                    9.2.2.1 US to dominate North American surgical robots market during forecast period
                                TABLE 43 US: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 44 US: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 45 US: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 46 US: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.2.3 CANADA
                    9.2.3.1 Increased adoption of surgical robots to drive market growth
                                TABLE 47 CANADA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 48 CANADA: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 49 CANADA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 50 CANADA: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
    9.3 EUROPE 
          TABLE 51 EUROPE: SURGICAL ROBOTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 52 EUROPE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
          TABLE 53 EUROPE: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 54 EUROPE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 55 EUROPE: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.3.1 IMPACT OF RECESSION ON EUROPEAN SURGICAL ROBOTS MARKET
           9.3.2 GERMANY
                    9.3.2.1 Germany to dominate European surgical robots market
                                TABLE 56 GERMANY: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 57 GERMANY: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 58 GERMANY: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 59 GERMANY: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.3.3 ITALY
                    9.3.3.1 Increasing number of robotic surgical procedures to propel market
                                TABLE 60 ITALY: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 61 ITALY: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 62 ITALY: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 63 ITALY: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.3.4 FRANCE
                    9.3.4.1 Favorable investments and growing demand for surgical robotic systems to boost growth
                                TABLE 64 FRANCE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 65 FRANCE: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 66 FRANCE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 67 FRANCE: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.3.5 UK
                    9.3.5.1 Rising investments to support adoption of surgical robots to aid market
                                TABLE 68 UK: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 69 UK: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 70 UK: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 71 UK: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.3.6 SPAIN
                    9.3.6.1 Increasing number of robotic-assisted surgical procedures and initiatives to fuel growth
                                TABLE 72 SPAIN: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 73 SPAIN: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 74 SPAIN: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 75 SPAIN: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.3.7 SWITZERLAND
                    9.3.7.1 Rising number of start-ups to support market growth
                                TABLE 76 SWITZERLAND: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 77 SWITZERLAND: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 78 SWITZERLAND: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 79 SWITZERLAND: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.3.8 REST OF EUROPE
                    TABLE 80 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                    TABLE 81 REST OF EUROPE: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                    TABLE 82 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    TABLE 83 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
    9.4 ASIA PACIFIC 
          FIGURE 37 ASIA PACIFIC: SURGICAL ROBOTS MARKET SNAPSHOT
          TABLE 84 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
          TABLE 85 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
          TABLE 86 ASIA PACIFIC: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
          TABLE 87 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
          TABLE 88 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.4.1 IMPACT OF RECESSION ON ASIA PACIFIC SURGICAL ROBOTS MARKET
           9.4.2 JAPAN
                    9.4.2.1 Japan to dominate market in APAC
                                TABLE 89 JAPAN: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 90 JAPAN: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 91 JAPAN: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 92 JAPAN: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.4.3 CHINA
                    9.4.3.1 Increasing initiatives from domestic players to boost market
                                TABLE 93 CHINA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 94 CHINA: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 95 CHINA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 96 CHINA: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.4.4 INDIA
                    9.4.4.1 Growing healthcare infrastructure in India to support market growth
                                TABLE 97 INDIA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 98 INDIA: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 99 INDIA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 100 INDIA: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.4.5 AUSTRALIA
                    9.4.5.1 Increasing implementation and development of surgical robotic training programs in Australia to boost market
                                TABLE 101 AUSTRALIA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                                TABLE 102 AUSTRALIA: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                TABLE 103 AUSTRALIA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                                TABLE 104 AUSTRALIA: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.4.6 REST OF ASIA PACIFIC
                    TABLE 105 REST OF ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                    TABLE 106 REST OF ASIA PACIFIC: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                    TABLE 107 REST OF ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    TABLE 108 REST OF ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
    9.5 LATIN AMERICA 
           9.5.1 INCREASING ADOPTION OF ROBOTIC SYSTEMS TO FUEL MARKET GROWTH DURING FORECAST PERIOD
                    TABLE 109 LATIN AMERICA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                    TABLE 110 LATIN AMERICA: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                    TABLE 111 LATIN AMERICA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    TABLE 112 LATIN AMERICA: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.5.2 IMPACT OF RECESSION ON LATIN AMERICAN SURGICAL ROBOTS MARKET
    9.6 MIDDLE EAST & AFRICA 
           9.6.1 EXPANSION OF COMPANIES TO DRIVE DEMAND FOR SURGICAL ROBOTS
                    TABLE 113 MIDDLE EAST & AFRICA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2020–2027 (USD MILLION)
                    TABLE 114 MIDDLE EAST & AFRICA: SURGICAL ROBOTIC SYSTEMS MARKET, BY TYPE, 2020–2027 (USD MILLION)
                    TABLE 115 MIDDLE EAST & AFRICA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    TABLE 116 MIDDLE EAST & AFRICA: SURGICAL ROBOTS MARKET, BY END USER, 2020–2027 (USD MILLION)
           9.6.2 IMPACT OF RECESSION ON MIDDLE EASTERN & AFRICAN SURGICAL ROBOTS MARKET
 
10 COMPETITIVE LANDSCAPE (Page No. - 155)
     10.1 OVERVIEW 
     10.2 STRATEGIES ADOPTED BY KEY PLAYERS 
            TABLE 117 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN SURGICAL ROBOTS MARKET
     10.3 REVENUE SHARE ANALYSIS OF KEY PLAYERS (2021) 
            FIGURE 38 REVENUE ANALYSIS FOR KEY PLAYERS IN SURGICAL ROBOTS MARKET, 2017–2021
     10.4 MARKET SHARE ANALYSIS OF KEY PLAYERS (2021) 
            FIGURE 39 MARKET SHARE ANALYSIS FOR KEY PLAYERS IN SURGICAL ROBOTS MARKET, 2021
            TABLE 118 SURGICAL ROBOTS MARKET: DEGREE OF COMPETITION
     10.5 COMPETITIVE BENCHMARKING 
            TABLE 119 SURGICAL ROBOTS MARKET: DETAILED LIST OF SMALL & MEDIUM-SIZED PLAYERS
     10.6 COMPANY EVALUATION QUADRANT FOR KEY PLAYERS 
             10.6.1 STARS
             10.6.2 PERVASIVE PLAYERS
             10.6.3 EMERGING LEADERS
             10.6.4 PARTICIPANTS
                       FIGURE 40 SURGICAL ROBOTS MARKET: COMPANY EVALUATION QUADRANT FOR KEY PLAYERS, 2021
     10.7 COMPANY EVALUATION QUADRANT FOR SMES/START-UPS 
             10.7.1 PROGRESSIVE COMPANIES
             10.7.2 DYNAMIC COMPANIES
             10.7.3 STARTING BLOCKS
             10.7.4 RESPONSIVE COMPANIES
                       FIGURE 41 SURGICAL ROBOTS MARKET: COMPANY EVALUATION QUADRANT FOR SMES & START-UPS, 2021
     10.8 COMPANY FOOTPRINT 
            TABLE 120 SURGICAL ROBOTS MARKET: COMPANY FOOTPRINT
             10.8.1 PRODUCT & SERVICE FOOTPRINT
                        TABLE 121 COMPANY FOOTPRINT: BY PRODUCT & SERVICE
             10.8.2 APPLICATION FOOTPRINT
                        TABLE 122 COMPANY FOOTPRINT: BY APPLICATION
             10.8.3 END USER FOOTPRINT
                        TABLE 123 COMPANY FOOTPRINT: BY END USER
             10.8.4 REGIONAL FOOTPRINT
                        TABLE 124 COMPANY FOOTPRINT: BY REGION
     10.9 COMPETITIVE SCENARIO 
             10.9.1 PRODUCT LAUNCHES & APPROVALS
                        TABLE 125 PRODUCT LAUNCHES & APPROVALS, 2019–2022
             10.9.2 DEALS
             10.9.3 OTHER DEVELOPMENTS
                        TABLE 127 OTHER DEVELOPMENTS, 2019–2022
 
11 COMPANY PROFILES (Page No. - 174)
(Business Overview, Products & Services offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     11.1 KEY PLAYERS 
             11.1.1 INTUITIVE SURGICAL
                        TABLE 128 INTUITIVE SURGICAL: COMPANY OVERVIEW
                        FIGURE 42 INTUITIVE SURGICAL: COMPANY SNAPSHOT (2021)
             11.1.2 STRYKER CORPORATION
                        TABLE 129 STRYKER CORPORATION: COMPANY OVERVIEW
                        FIGURE 43 STRYKER CORPORATION: COMPANY SNAPSHOT (2021)
             11.1.3 MEDTRONIC PLC
                        TABLE 130 MEDTRONIC PLC: COMPANY OVERVIEW
                        FIGURE 44 MEDTRONIC PLC: COMPANY SNAPSHOT (2022)
             11.1.4 SMITH & NEPHEW
                        TABLE 131 SMITH & NEPHEW: COMPANY OVERVIEW
                        FIGURE 45 SMITH & NEPHEW: COMPANY SNAPSHOT (2021)
             11.1.5 ZIMMER BIOMET
                        TABLE 132 ZIMMER BIOMET: COMPANY OVERVIEW
                        FIGURE 46 ZIMMER BIOMET: COMPANY SNAPSHOT (2021)
             11.1.6 ASENSUS SURGICAL INC.
                        TABLE 133 ASENSUS SURGICAL INC.: COMPANY OVERVIEW
                        FIGURE 47 ASENSUS SURGICAL INC.: COMPANY SNAPSHOT (2021)
             11.1.7 SIEMENS HEALTHINEERS AG
                        TABLE 134 SIEMENS HEALTHINEERS AG: COMPANY OVERVIEW
                        FIGURE 48 SIEMENS HEALTHINEERS AG: COMPANY SNAPSHOT (2022)
             11.1.8 RENISHAW PLC
                        TABLE 135 RENISHAW PLC: COMPANY OVERVIEW
                        FIGURE 49 RENISHAW PLC: COMPANY SNAPSHOT (2022)
             11.1.9 CMR SURGICAL
                        TABLE 136 CMR SURGICAL: COMPANY OVERVIEW
             11.1.10 THINK SURGICAL INC.
                        TABLE 137 THINK SURGICAL INC.: COMPANY OVERVIEW
             11.1.11 CORIN
                        TABLE 138 CORIN: COMPANY OVERVIEW
             11.1.12 PRECEYES BV
                        TABLE 139 PRECEYES BV: COMPANY OVERVIEW
             11.1.13 MICROSURE
                        TABLE 140 MICROSURE: COMPANY OVERVIEW
             11.1.14 TITAN MEDICAL INC.
                        TABLE 141 TITAN MEDICAL INC.: COMPANY OVERVIEW
                        FIGURE 50 TITAN MEDICAL INC.: COMPANY SNAPSHOT (2021)
             11.1.15 AVATERAMEDICAL GMBH
                        TABLE 142 AVATERAMEDICAL GMBH: COMPANY OVERVIEW
             11.1.16 MEDICAROID CORPORATION
                        TABLE 143 MEDICAROID CORPORATION: COMPANY OVERVIEW
             11.1.17 BRAINLAB AG
                        TABLE 144 BRAINLAB AG: COMPANY OVERVIEW
             11.1.18 ECENTIAL ROBOTICS
                        TABLE 145 ECENTIAL ROBOTICS: COMPANY OVERVIEW
             11.1.19 GLOBUS MEDICAL, INC.
                        TABLE 146 GLOBUS MEDICAL, INC.: COMPANY OVERVIEW
                        FIGURE 51 GLOBUS MEDICAL, INC.: COMPANY SNAPSHOT (2022)
             11.1.20 JOHNSON & JOHNSON
                        TABLE 147 JOHNSON & JOHNSON: COMPANY OVERVIEW
                        FIGURE 52 JOHNSON & JOHNSON: COMPANY SNAPSHOT (2022)
     11.2 OTHER PLAYERS 
             11.2.1 MOMENTIS INNOVATIVE SURGERY LTD.
                        TABLE 148 MOMENTIS INNOVATIVE SURGERY LTD.: COMPANY OVERVIEW
             11.2.2 SUDHIR SRIVASTAVA INNOVATIONS PVT. LTD.
                        TABLE 149 SUDHIR SRIVASTAVA INNOVATIONS PVT. LTD.: COMPANY OVERVIEW
             11.2.3 TINAVI MEDICAL TECHNOLOGIES CO., LTD.
                        TABLE 150 TINAVI MEDICAL TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
             11.2.4 DISTALMOTION
                        TABLE 151 DISTALMOTION: COMPANY OVERVIEW
             11.2.5 MONTERIS MEDICAL
                        TABLE 152 MONTERIS MEDICAL: COMPANY OVERVIEW
 
*Details on Business Overview, Products & Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
 
12 APPENDIX (Page No. - 233)
     12.1 INSIGHTS FROM INDUSTRY EXPERTS 
     12.2 DISCUSSION GUIDE 
     12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.4 AVAILABLE CUSTOMIZATIONS 
     12.5 RELATED REPORTS 
     12.6 AUTHOR DETAILS 

This study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.

Secondary Research

This research study used widespread secondary sources; directories; databases such as Dun & Bradstreet, Bloomberg BusinessWeek, and Factiva; white papers; annual reports; and companies’ house documents. Secondary research was used to identify and collect information for this extensive, technical, market-oriented, and commercial study of the global surgical robots market. It was also used to obtain important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level, geographic markets, and key developments related to the market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the surgical robots market. The primary sources from the demand side include key executives from hospitals, physicians, clinicians, and research institutes.

A breakdown of the primary respondents is provided below:

Surgical Robots Market Size, and Share

*Others include sales managers, marketing managers, and product managers.

Note: Tiers are defined based on a company’s total revenue, as of 2021: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 = <USD 500 million.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The total size of the surgical robots market was arrived at after data triangulation from different approaches. After each approach, the weighted average of the approaches was taken based on the level of assumptions used in each approach.

Data Triangulation

After arriving at the market size, the total market was divided into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable.

Objectives of the Study

  • To define, describe, segment, and forecast the surgical robots market by product & service, application, end user, and region
  • To provide detailed information about factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
  • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of the market in five main regions (along with their respective key countries), namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
  • To profile key players in the market and comprehensively analyze their core competencies and market shares
  • To track and analyze competitive developments, such as product launches & approvals, acquisitions, venture launch, expansion, product payment approval, partnerships, deployment, agreements, collaborations, and joint ventures of the leading market players
  • To benchmark players within the surgical robots market using the “Company Evaluation Quadrant” framework, which analyzes market players on various parameters within the broad categories of business strategy, market share, and product offering

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per your company’s specific needs. The following customization options are available for the report:

Portfolio Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company (Top 3 companies)

Geographic Analysis

  • Further breakdown of the Rest of Europe market into Denmark, Russia, Austria and others
  • Further breakdown of the Rest of the Asia Pacific market into South Korea, Singapore, and others

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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