Surgical Robots Market

Surgical Robots Market by Product & Service (Instruments & Accessories, Systems, Service), Application (Urological Surgery, Gynecological Surgery, Orthopedic Surgery), End User (Hospitals, Ambulatory Surgery Center) - Analysis and Global Forecasts to 2026

Report Code: MD 6781 May, 2021, by marketsandmarkets.com

[220 Pages Report] The global surgical robots market size was valued at USD 6.4 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 17.6% from 2021 to 2026. Surgical robots enable surgeons to carry out complex surgical procedures with greater precision. They are primarily used in gynecological, urological, orthopedic, general, neurosurgeries, and other minimally invasive surgeries. Growth in this market is primarily driven by the advantages of robotic-assisted surgery, technological advancements in surgical robots, the increasing adoption of surgical robots, and the increase in funding for medical robot research

Surgical Robots Market

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Surgical Robots Market

COVID-19 Impact on the Surgical robots Market

The COVID-19 pandemic has had a devastating global impact on the world’s population and economy. The pandemic has put a significant strain on healthcare systems. During this period, healthcare institutions and providers have been instructed to stop performing elective surgical procedures and medical examinations to minimize the possibility of transmission and conserve healthcare resources for COVID-19 patients. The pandemic has led to a temporary ban on elective surgeries across the globe, which resulted in the cancellations of elective surgeries worldwide posing a negative impact on the globe. 

Drivers: Advantages of robotic-assisted surgery

Globally, the demand for minimally invasive surgeries (MIS) is on the rise mainly due to the advantages associated with these procedures, such as smaller incisions, fewer cuts, decreased scarring, reduced pain, increased safety, faster recovery periods, and considerable cost savings. Robotic minimally invasive surgery adds to these advantages by ensuring greater accuracy, repeatability, control, and efficiency.

According to a 2020 article on the comparison of surgical outcomes between integrated robotic and conventional laparoscopic surgery for distal gastrectomy, the surgical success rate in the IRDG (integrated robotic distal gastrectomy) group was 98.0%; significantly higher as compared to the CLDG (conventional laparoscopic distal gastrectomy) group, which accounted for 89.5% success rate. Though the incidence of in-patient and outpatient complications was similar between the groups, the readmission rate in the IRDG group (98.0%) was significantly lower than in the CLDG group (84.3%).

Robotic surgery also offers highly advanced visualization capabilities that provide surgeons with a superior view of the operating area, using 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 advantages of surgical robots and the rising demand for better, quicker healthcare services are expected to drive the growth of the overall surgical robots market in the coming years.

Restrains: High cost of robotic systems

Robot-assisted surgeries are more expensive than minimally invasive surgeries. The American Congress of Obstetricians and Gynecologists recommends robotic hysterectomy only for unusual and complex clinical conditions. The association states that the adoption of robotic surgery for all hysterectomies would add an estimated USD 960 million to the annual cost of hysterectomy surgeries in the US. The da Vinci system, one of the most commonly used robotic systems, costs between USD 1.5 million and USD 2.5 million, while the CyberKnife robotic system costs around USD 4 million per unit.

In addition, the annual maintenance cost of a robot is close to USD 125,000, which further adds to the already high cost of robotic surgery. The average robotic surgical procedure generally costs anywhere between USD 3,000–USD 6,000. The rising cost of surgeries due to the use of robotic systems is thus expected to restrain the growth of the medical robots market.

In the last few years, hospitals worldwide have witnessed a decrease in their budgets, primarily due to declining federal budgets. For instance, the Florida government’s budget cuts for South Florida hospitals amounted to USD 160 million in 2017. In 2017, 44 urban hospitals in Denver faced budget cuts ranging between USD 0.1 million to USD 20 million. Similarly, hospital budgets in some European countries were reduced in the last couple of years, with further reductions expected in the coming years. Reductions in budgets have necessitated cost-containment measures in many facets of hospital operations. Cost-cutting has resulted in staff lay-offs, delays in facility upgrades, and freezing capital equipment purchases such as high-cost robotic systems.

Opportunities: Increasing penetration of surgical robots in ASCs

Ambulatory surgery centers (ASCs) are freestanding facilities specializing 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. A study conducted by Healthcare BlueBook (a provider of data for healthcare services) and HealthSmart (a provider of health plans for self‐funded employers) concluded that ASCs decreased the cost of outpatient surgery by USD 38 billion annually since these facilities offer a lower-cost site of care compared to hospital outpatient departments.

Medicare and its beneficiaries save more than USD 2.6 billion 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 in 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 reduced. According to a 2019 article in the ASC Focus journal, published by the Ambulatory Surgery Center Association, there has been a significant shift from performing complex surgical procedures in hospital settings to performing them in outpatient settings.

Owing to this, ASCs, especially in the US, are increasingly acquiring advanced robotics to treat complex cases. The Atlanta Minimally Invasive Gynecologic Surgery Center, Health East Ambulatory Surgical Center, and Hutchinson Ambulatory Surgery Center are some ASCs that employ the da Vinci Surgical System to perform minimally invasive procedures. Midtown Surgery Center and San Francisco Surgery Center also offer MAKOplasty, a robotic-arm guided procedure for orthopedic treatment. Thus, the growing number of ASCs providing robotic-assisted specialized surgeries provides an enormous opportunity for players in the surgical robots market.

North America holds the largest share in this market

North America dominated the surgical robots market, with a share of 63.6% in 2019, while the Asia Pacific region is expected to register the highest CAGR of 18.5% during the forecast period. The large share of the North American market can be attributed to the availability of funding for R&D in surgical robots in this region and the increasing adoption of surgical robots for pediatric surgeries in Canada and general surgery procedures in the US.

Surgical Robots Market by Region

Key Market Players

The key players have a strong foothold in the market and offer a wide range of products. Some of the key players in this market are Intuitive Surgical (US), Stryker Corporation (US), Medtronic (Ireland), Smith & Nephew (UK) and Zimmer Biomet (US) among others.

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Scope of the Report

Report Metric

Details

Base year considered

2020

Forecast period

2021–2026

Forecast units

Value (USD Billion)

Segments covered

By Product and Service, By Application, By End User & By Region

Geographies covered

North America, Europe, Asia Pacific, ROW

Companies covered

The major market players include Intuitive Surgical (US), Stryker Corporation (US), Medtronic (Ireland), Smith & Nephew (UK), Zimmer Biomet (US), Asensus Surgical (Transenterix) (US), Corindus Vascular Robotics (US), Renishaw (UK), Auris Health (US), Medrobotics Corporation (US), Think Surgical (US), Verb Surgical (US), OMNIlife Science (US), CMR  Surgical (US), Preceyes BV (Netherlands), China National Scientific Instruments And Materials Corporation (CSIMC) (China), Microsure (Netherlands), Titan Medical (Canada), avateramedical Gmbh (Germany) and Medicaroid Corporation (Japan).  (Total 20 companies)

By Product and Service

  • Instruments and Accessories
  • Robotic Systems
  • Services

By Application

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

By End User

  • Hospitals
  • Ambulatory Surgery Centers

By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of APAC (RoAPAC)
  • RoW

Recent Developments

  • In January 2021, Stryker acquired OrthoSensor and its Verasense intraoperative sensor tech to enhance the ortho giant’s Mako robots
  • In January 2021, TransEnterix received CE Mark approval for its Intelligent Surgical Unit that adds AI-based capabilities and enables machine vision capabilities on the TransEnterix’s Senhance robotic surgery system.
  • January 2020, Sytrker Corporation received regulatory approval for the Mako robotic surgery system in Japan for partial knee indication
  • In March 2019, Titan Medical collaborated with Teleflex Incorporated . The collaboration aimed to develop a robotic ligation technology. Under this partnership, Teleflex’s market-leading polymer ligation technology will be integrated into Titan’s development-stage, single-port robotic surgery system.
  • In June 2019, CMR Surgical (UK) signed an agreement with LifeHealthcare [Australia and New Zealand (ANZ)] to introduce Versius across Australia and New Zealand, following the completion of regulatory processes.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 30)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 MARKET INCLUSIONS & EXCLUSIONS
           1.2.2 MARKETS COVERED
           1.2.3 YEARS CONSIDERED FOR THE STUDY
    1.3 CURRENCY
    1.4 LIMITATIONS
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 34)
   
2.1 RESEARCH DATA
    2.2 RESEARCH METHODOLOGY STEPS
           FIGURE 1 RESEARCH METHODOLOGY: SURGICAL ROBOTS MARKET
           FIGUREE 2 RESEARCH DESIGN
           2.2.1 SECONDARY DATA
                    2.2.1.1 Secondary sources
           2.2.2 PRIMARY DATA
                    FIGUREE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY CATEGORY, DESIGNATION, AND REGION
                    2.2.2.1 Primary sources
                               FIGUREE 4 PRIMARY SOURCES
                    2.2.2.2 Key insights from primary sources
    2.3 MARKET SIZE ESTIMATION METHODOLOGY
           FIGUREE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
           2.3.1 REVENUE MAPPING-BASED MARKET ESTIMATION
                    FIGUREE 6 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
           2.3.2 PRIMARY RESEARCH VALIDATION
    2.4 MARKET DATA ESTIMATION AND TRIANGULATION
                    FIGUREE 7 DATA TRIANGULATION METHODOLOGY
    2.5 ASSUMPTIONS FOR THE STUDY
    2.6 COVID-19 SPECIFIC ASSUMPTIONS
    2.7 RISK ASSESSMENT

3 EXECUTIVE SUMMARY (Page No. - 45)
    FIGURE 8 SURGICAL ROBOTS MARKET SHARE, BY PRODUCT & SERVICE, 2021 VS. 2026 (USD MILLION)
    FIGUREE 9 SURGICAL ROBOTS MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
    FIGUREE 10 SURGICAL ROBOTS MARKET, BY END USER, 2021 VS. 2026 (USD MILLION)
    FIGUREE 11 GEOGRAPHICAL SNAPSHOT OF THE SURGICAL ROBOTS MARKET

4 PREMIUM INSIGHTS (Page No. - 48)
    4.1 SURGICAL ROBOTS MARKET OVERVIEW
             FIGURE 12 ADVANTAGES OF ROBOTIC-ASSISTED SURGERY TO DRIVE MARKET GROWTH DURING THE FORECAST PERIOD
    4.2 GEOGRAPHIC ANALYSIS: NORTH AMERICAN SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE
             FIGUREE 13 INSTRUMENTS & ACCESSORIES ACCOUNTED FOR THE LARGEST SHARE OF THE NORTH AMERICAN SURGICAL ROBOTS MARKET IN 2020
    4.3 SURGICAL ROBOTS MARKET SHARE, BY PRODUCT & SERVICE, 2021 VS. 2026
             FIGUREE 14 INSTRUMENTS & ACCESSORIES TO DOMINATE THE SURGICAL ROBOTS MARKET IN 2026
    4.4 SURGICAL ROBOTS MARKET SHARE, BY APPLICATION, 2021 VS. 2026
             FIGUREE 15 GENERAL SURGERY APPLICATIONS TO DOMINATE THE SURGICAL ROBOTS MARKET IN 2026
    4.5 SURGICAL ROBOTS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
             FIGUREE 16 APAC MARKET TO REGISTER THE HIGHEST GROWTH DURING THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 51)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 17 SURGICAL ROBOTS MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
           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 Increase in funding for medical robot research
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of robotic systems
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing penetration of surgical robots in ASCs
                    5.2.3.2 Emerging markets
    5.3 IMPACT OF COVID-19 ON THE SURGICAL ROBOTS MARKET
    5.4 ECOSYSTEM ANALYSIS
           FIGURE 18 SURGICAL ROBOTS MARKET: ECOSYSTEM ANALYSIS
    5.5 PORTER’S FIVE FORCES ANALYSIS: SURGICAL ROBOTS MARKET
    5.6 TECHNOLOGY ANALYSIS
           TABLE 1 DIGITAL TECHNOLOGY ENABLERS, THEIR BENEFITS, AND EXAMPLES IN THE MARKET
           TABLE 2 TECHNOLOGICAL ADVANCEMENTS IN SURGICAL ROBOTS
    5.7 REGULATORY ANALYSIS
    5.8 PRICING ANALYSIS
           TABLE 3 SURGICAL ROBOTS PRICING
    5.9 PRODUCT PIPELINE ASSESSMENT
           5.9.1 CLINICAL TRIALS FOR SURGICAL ROBOTS
                    TABLE 4 SURGICAL ROBOTS: INDICATIVE LIST OF CLINICAL TRIALS IN PHASE II, III, AND IV

6 SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE (Page No. - 63)
    6.1 INTRODUCTION
           TABLE 5 SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
           TABLE 6 SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
    6.2 INSTRUMENTS & ACCESSORIES
           6.2.1 RECURRENT PURCHASE OF INSTRUMENTS & ACCESSORIES FOR EACH SURGICAL PROCEDURE TO DRIVE GROWTH SEGMENT GROWTH
                    TABLE 7 SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 8 SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 9 NORTH AMERICA: SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 10 NORTH AMERICA: SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 11 EUROPE: SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 12 EUROPE: SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 13 APAC: SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 14 APAC: SURGICAL ROBOT INSTRUMENTS & ACCESSORIES MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
    6.3 ROBOTIC SYSTEMS
           6.3.1 HIGH COST OF ROBOTIC SYSTEMS LIKELY TO RESTRICT ADOPTION
                    TABLE 15 SURGICAL ROBOTIC SYSTEMS MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 16 SURGICAL ROBOTIC SYSTEMS MARKET, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 17 NORTH AMERICA: SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 18 NORTH AMERICA: SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 19 EUROPE: SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 20 EUROPE: SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 21 APAC: SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 22 APAC: SURGICAL ROBOTIC SYSTEMS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
    6.4 SERVICES
           6.4.1 RECURRING REVENUE PER INSTALLATION AND PER PROCEDURE TO OFFER GROWTH OPPORTUNITIES
                    TABLE 23 SURGICAL ROBOT SERVICES MARKET, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 24 SURGICAL ROBOT SERVICES MARKET, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 25 NORTH AMERICA: SURGICAL ROBOT SERVICES MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 26 NORTH AMERICA: SURGICAL ROBOT SERVICES MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 27 EUROPE: SURGICAL ROBOT SERVICES MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 29 APAC: SURGICAL ROBOT SERVICES MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 30 APAC: SURGICAL ROBOT SERVICES MARKET, BY COUNTRY, 2021–2026 (USD MILLION)

7 SURGICAL ROBOTS MARKET, BY APPLICATION (Page No. - 74)
    7.1 INTRODUCTION
           TABLE 31 SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
           TABLE 32 SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    7.2 GENERAL SURGERY
           7.2.1 INCREASING NUMBER OF GENERAL SURGICAL PROCEDURES CONDUCTED TO DRIVE THE MARKET GROWTH
                    TABLE 33 SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 34 SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 35 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 36 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 37 EUROPE: SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 38 EUROPE: SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 39 APAC: SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 40 APAC: SURGICAL ROBOTS MARKET FOR GENERAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
    7.3 GYNECOLOGICAL SURGERY
           7.3.1 GROWTH IN THE NUMBER OF HYSTERECTOMY PROCEDURES TO SUPPORT MARKET GROWTH
                    TABLE 41 SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 42 SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 43 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 44 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 45 EUROPE: SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 46 EUROPE: SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 47 APAC: SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 48 APAC: SURGICAL ROBOTS MARKET FOR GYNECOLOGICAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
    7.4 ORTHOPEDIC SURGERY
           7.4.1 HIGH IMPLANTATION AND PLACEMENT ACCURACY OF SURGICAL ROBOTS IN ORTHOPEDIC PROCEDURES SUPPORTS MARKET GROWTH
                    TABLE 49 SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 50 SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 51 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 52 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 53 EUROPE: SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 54 EUROPE: SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 55 APAC: SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY,BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 56 APAC: SURGICAL ROBOTS MARKET FOR ORTHOPEDIC SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
    7.5 UROLOGICAL SURGERY
           7.5.1 INCREASING NUMBER OF DA VINCI PROSTATECTOMY PROCEDURES AND KIDNEY CANCER CASES TO DRIVE THE UROLOGICAL SURGERY APPLICATION SEGMENT
                    TABLE 57 SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 58 SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 59 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 60 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 61 EUROPE: SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 62 EUROPE: SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 63 APAC: SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 64 APAC: SURGICAL ROBOTS MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
    7.6 NEUROSURGERY
           7.6.1 GROWING USE OF ROBOTIC TECHNOLOGY IN NEUROSURGICAL PRACTICE TO FUEL THE MARKET GROWTH
                    TABLE 65 SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 66 SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 67 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR NEUROSURGERY,BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 68 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 69 EUROPE: SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 70 EUROPE: SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 71 APAC: SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 72 APAC: SURGICAL ROBOTS MARKET FOR NEUROSURGERY, BY COUNTRY, 2021–2026 (USD MILLION)
    7.7 OTHER APPLICATIONS
           TABLE 73 SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY REGION, 2018–2020 (USD MILLION)
           TABLE 74 SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION)
           TABLE 75 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2020 (USD MILLION)
           TABLE 76 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2021–2026 (USD MILLION)
           TABLE 77 EUROPE: SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2020 (USD MILLION)
           TABLE 78 EUROPE: SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2021–2026 (USD MILLION)
           TABLE 79 APAC: SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2020 (USD MILLION)
           TABLE 80 APAC: SURGICAL ROBOTS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2021–2026 (USD MILLION)

8 SURGICAL ROBOTS MARKET, BY END USER (Page No. - 95)
    8.1 INTRODUCTION
           TABLE 81 SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
           TABLE 82 SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
    8.2 HOSPITALS
           8.2.1 ROBOTIC-ASSISTED SURGERIES ENABLE HOSPITALS TO LOWER CARE COSTS AND LENGTH OF HOSPITAL STAY
                    TABLE 83 RECENTLY ACQUIRED SURGICAL ROBOT SYSTEMS IN HOSPITALS ACROSS THE GLOBE
                    TABLE 84 SURGICAL ROBOTS MARKET FOR HOSPITALS, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 85 SURGICAL ROBOTS MARKET FOR HOSPITALS, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 86 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR HOSPITALS, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 87 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR HOSPITALS, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 88 EUROPE: SURGICAL ROBOTS MARKET FOR HOSPITALS, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 89 EUROPE: SURGICAL ROBOTS MARKET FOR HOSPITALS, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 90 APAC: SURGICAL ROBOTS MARKET FOR HOSPITALS, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 91 APAC: SURGICAL ROBOTS MARKET FOR HOSPITALS, BY COUNTRY, 2021–2026 (USD MILLION)
    8.3 AMBULATORY SURGERY CENTERS
           8.3.1 RISE IN THE NUMBER OF OUTPATIENT SURGERIES TO SUPPORT MARKET GROWTH
                    TABLE 92 SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY REGION, 2018–2020 (USD MILLION)
                    TABLE 93 SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 94 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 95 NORTH AMERICA: SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 96 EUROPE: SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 97 EUROPE: SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 98 APAC: SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY COUNTRY, 2018–2020 (USD MILLION)
                    TABLE 99 APAC: SURGICAL ROBOTS MARKET FOR AMBULATORY SURGERY CENTERS, BY COUNTRY, 2021–2026 (USD MILLION)

9 SURGICAL ROBOTS MARKET, BY REGION (Page No. - 104)
    9.1 INTRODUCTION
           TABLE 100 SURGICAL ROBOTS MARKET, BY REGION, 2018–2020 (USD MILLION)
           TABLE 101 SURGICAL ROBOTS MARKET, BY REGION, 2021–2026 (USD MILLION)
    9.2 NORTH AMERICA
           FIGURE 19 NORTH AMERICA: SURGICAL ROBOTS MARKET SNAPSHOT
           TABLE 102 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
           TABLE 103 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
           TABLE 104 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
           TABLE 105 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
           TABLE 106 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
           TABLE 107 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
           TABLE 108 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
           TABLE 109 NORTH AMERICA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.2.1 US
                    9.2.1.1 The US holds the largest share of the North American market
                               TABLE 110 US: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 111 US: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 112 US: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 113 US: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 114 US: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 115 US: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.2.2 CANADA
                    9.2.2.1 Increased use of surgical robots in pediatric patients to drive market growth in Canada
                               TABLE 116 CANADA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 117 CANADA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 118 CANADA: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 119 CANADA: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 120 CANADA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 121 CANADA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    9.3 EUROPE
           TABLE 122 EUROPE: SURGICAL ROBOTS MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
           TABLE 123 EUROPE: SURGICAL ROBOTS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
           TABLE 124 EUROPE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
           TABLE 125 EUROPE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
           TABLE 126 EUROPE: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
           TABLE 127 EUROPE: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
           TABLE 128 EUROPE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
           TABLE 129 EUROPE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.3.1 GERMANY
                    9.3.1.1 Germany to witness the highest growth in the European surgical robots market
                               TABLE 130 GERMANY: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 131 GERMANY: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 132 GERMANY: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 133 GERMANY: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 134 GERMANY: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 135 GERMANY: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.3.2 ITALY
                    9.3.2.1 The number of robotic systems installed in Italy has grown in recent years
                               TABLE 136 ITALY: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 137 ITALY: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 138 ITALY: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 139 ITALY: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 140 ITALY: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 141 ITALY: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.3.3 FRANCE
                    9.3.3.1 Higher adoption of MIS to support market growth in this country
                               TABLE 142 FRANCE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 143 FRANCE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 144 FRANCE: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 145 FRANCE: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 146 FRANCE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 147 FRANCE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.3.4 UK
                    9.3.4.1 The increasing number of robotic surgical procedures performed in the country to propel market growth
                               TABLE 148 UK: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 149 UK: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 150 UK: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 151 UK: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 152 UK: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 153 UK: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.3.5 SPAIN
                    9.3.5.1 Increasing implementation and development of robotic surgery programs in Spain to drive market growth
                               TABLE 154 SPAIN: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 155 SPAIN: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 156 SPAIN: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 157 SPAIN: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 158 SPAIN: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 159 SPAIN: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.3.6 REST OF EUROPE
                    TABLE 160 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                    TABLE 161 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                    TABLE 162 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                    TABLE 163 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                    TABLE 164 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 165 REST OF EUROPE: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    9.4 ASIA PACIFIC
           FIGURE 20 ASIA PACIFIC: SURGICAL ROBOTS MARKET SNAPSHOT
           TABLE 166 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
           TABLE 167 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
           TABLE 168 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
           TABLE 169 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
           TABLE 170 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
           TABLE 171 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
           TABLE 172 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
           TABLE 173 ASIA PACIFIC: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.4.1 JAPAN
                    9.4.1.1 Japan dominates the APAC surgical robots market
                               TABLE 174 JAPAN: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 175 JAPAN: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 176 JAPAN: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 177 JAPAN: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 178 JAPAN: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 179 JAPAN: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.4.2 CHINA
                    9.4.2.1 China to be the fastest-growing country in the Asia Pacific surgical robots market
                               TABLE 180 CHINA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2018–2020 (USD MILLION)
                               TABLE 181 CHINA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 182 CHINA: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 183 CHINA: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 184 CHINA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 185 CHINA: SURGICAL ROBOTS MARKET, BY APPLICATION,2021–2026 (USD MILLION)
           9.4.3 INDIA
                    9.4.3.1 Huge patient population to support market growth
                               TABLE 186 INDIA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE,2018–2020 (USD MILLION)
                               TABLE 187 INDIA: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                               TABLE 188 INDIA: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                               TABLE 189 INDIA: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                               TABLE 190 INDIA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                               TABLE 191 INDIA: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
           9.4.4 REST OF ASIA PACIFIC
                    TABLE 192 ROAPAC: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE,2018–2020 (USD MILLION)
                    TABLE 193 ROAPAC: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
                    TABLE 194 ROAPAC: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
                    TABLE 195 ROAPAC: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
                    TABLE 196 ROAPAC: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
                    TABLE 197 ROAPAC: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    9.5 REST OF THE WORLD
           TABLE 198 ROW: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE,2018–2020 (USD MILLION)
           TABLE 199 ROW: SURGICAL ROBOTS MARKET, BY PRODUCT & SERVICE, 2021–2026 (USD MILLION)
           TABLE 200 ROW: SURGICAL ROBOTS MARKET, BY END USER, 2018–2020 (USD MILLION)
           TABLE 201 ROW: SURGICAL ROBOTS MARKET, BY END USER, 2021–2026 (USD MILLION)
           TABLE 202 ROW: SURGICAL ROBOTS MARKET, BY APPLICATION, 2018–2020 (USD MILLION)
           TABLE 203 ROW: SURGICAL ROBOTS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)

10 COMPETITIVE LANDSCAPE (Page No. - 149)
     10.1 OVERVIEW
             FIGURE 21 KEY DEVELOPMENTS OF THE PROMINENT PLAYERS OPERATING IN THE SURGICAL ROBOTS MARKET (2018–2020)
     10.2 MARKET RANKING/SHARE ANALYSIS
             10.2.1 SURGICAL ROBOTS MARKET RANKING OF KEY PLAYERS, 2020
                        FIGURE 22 INTUITIVE SURGICAL DOMINATED THE SURGICAL ROBOTS MARKET IN 2020
             10.2.2 LAPAROSCOPY SURGICAL ROBOTS MARKET SHARE ANALYSIS AND NUMBER OF UNITS SOLD (TOP THREE PLAYERS)
                        FIGURE 23 LAPAROSCOPY SURGICAL ROBOTS MARKET SHARE, BY KEY PLAYER, 2020
                        TABLE 204 LAPAROSCOPY SURGICAL ROBOTS MARKET: TOP THREE PLAYERS, 2019–2026 (UNITS)
             10.2.3 ORTHOPEDIC SURGICAL ROBOTS MARKET SHARE ANALYSIS AND NUMBER OF UNITS SOLD (TOP THREE PLAYERS)
                        FIGURE 24 ORTHOPEDIC SURGICAL ROBOTS MARKET SHARE, BY KEY PLAYER, 2020
                        TABLE 205 ORTHOPEDIC SURGICAL ROBOTS MARKET: TOP THREE PLAYERS, 2019–2026 (UNITS)
             10.2.4 NEUROSURGERY ROBOTS MARKET SHARE ANALYSIS AND NUMBER OF UNITS SOLD (TOP THREE PLAYERS)
                        FIGURE 25 NEUROSURGERY ROBOTS MARKET SHARE, BY KEY PLAYER, 2020
                        TABLE 206 NEUROSURGERY ROBOTS MARKET: TOP THREE PLAYERS, 2019–2026 (UNITS)
     10.3 COMPANY PRODUCT FOOTPRINT ANALYSIS
                    TABLE 207 COMPANY PRODUCT FOOTPRINT
                    TABLE 208 COMPANY APPLICATION FOOTPRINT
                    TABLE 209 COMPANY REGION FOOTPRINT
     10.4 PRODUCT PORTFOLIO ANALYSIS
             10.4.1 PRODUCT COMPARISON
             10.4.2 TECHNICAL FEATURES
     10.5 COMPANY EVALUATION QUADRANT
             10.5.1 STARS
             10.5.2 EMERGING LEADERS
             10.5.3 PARTICIPANTS
             10.5.4 PERVASIVE
                        FIGURE 26 SURGICAL ROBOTS MARKET: COMPANY EVALUATION QUADRANT, 2020 (OVERALL MARKET)
     10.6 COMPANY EVALUATION QUADRANT FOR EMERGING PLAYERS
             10.6.1 PROGRESSIVE COMPANIES
             10.6.2 RESPONSIVE COMPANIES
             10.6.3 STARTING/EMERGING BLOCKS
             10.6.4 DYNAMIC COMPANIES
                        FIGURE 27 SURGICAL ROBOTS MARKET COMPETITIVE LEADERSHIP MAPPING,2020 (EMERGING PLAYERS)
     10.7 COMPETITIVE SCENARIO
             10.7.1 PRODUCT LAUNCHES & APPROVALS
                        TABLE 210 KEY PRODUCT LAUNCHES & APPROVALS (2019–2021)
             10.7.2 DEALS
                        TABLE 211 KEY DEALS (2019–2021)
             10.7.3 OTHER DEVELOPMENTS
                        TABLE 212 OTHER KEY DEVELOPMENTS (2019–2021)

11 COMPANY PROFILES (Page No. - 169)
     11.1 KEY PLAYERS
     (Business Overview, Products Offered, Recent Developments, MnM View)* 
             11.1.1 INTUITIVE SURGICAL
                        FIGURE 28 INTUITIVE SURGICAL: COMPANY SNAPSHOT (2020)
             11.1.2 STRYKER CORPORATION
                        FIGURE 29 STRYKER CORPORATION: COMPANY SNAPSHOT (2020)
             11.1.3 MEDTRONIC
                        FIGURE 30 MEDTRONIC: COMPANY SNAPSHOT (2020)
             11.1.4 SMITH & NEPHEW
                        FIGURE 31 SMITH & NEPHEW: COMPANY SNAPSHOT (2020)
             11.1.5 ZIMMER BIOMET
                        FIGURE 32 ZIMMER BIOMET: COMPANY SNAPSHOT (2020)
             11.1.6 ASENSUS SURGICAL
                        FIGURE 33 ASENSUS SURGICAL: COMPANY SNAPSHOT (2020)
             11.1.7 CORINDUS VASCULAR ROBOTICS
                        FIGURE 34 SIEMENS HEALTHINEERS: COMPANY SNAPSHOT (2020)
             11.1.8 RENISHAW
                        FIGURE 35 RENISHAW: COMPANY SNAPSHOT (2020)
             11.1.9 AVATERAMEDICAL GMBH
             11.1.10 CMR SURGICAL
     11.2 OTHER PLAYERS
             11.2.1 AURIS HEALTH
             11.2.2 MEDROBOTICS CORPORATION
             11.2.3 THINK SURGICAL
             11.2.4 MEDICAROID CORPORATION
             11.2.5 VERB SURGICAL
             11.2.6 CORIN
             11.2.7 PRECEYES BV
            11.2.8 CHINA NATIONAL SCIENTIFIC INSTRUMENTS AND MATERIALS CORPORATION (CSIMC)
             11.2.9 MICROSURE
             11.2.10 TITAN MEDICAL
*Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies. 

12 APPENDIX (Page No. - 214)
     12.1 DISCUSSION GUIDE
     12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     12.3 AVAILABLE CUSTOMIZATIONS
     12.4 RELATED REPORTS
     12.5 AUTHOR DETAILS

This study involved four major activities in estimating the size of the Surgical robots market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. The bottom-up approach was employed to estimate the overall market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

The secondary research process involved the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B Hoovers), white papers, annual reports, company house documents, investor presentations, and SEC filings of companies. Some non-exclusive secondary sources include the Minimally Invasive Robotic Association (MIRA), Clinical Robotic Surgery Association (CRSA), Orthopedic Rehabilitation Associates (ORA), Association for the Advancement of Assistive Technology in Europe (AAATE), Society of Urological Robotic Surgery (SURS), Society of Robotic Surgery (SRS), Polish Society of Robotic Surgery, South Eastern Europe Robotic Surgery Society (SEERSS), Asian Society for Gynecologic Robotic Surgery, Annual Reports, SEC Filings, Investor Presentations, Journals, Publications from Government Sources and Professional Associations, Expert Interviews, and MarketsandMarkets Analysis.

Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the surgical robots market. It was also used to obtain important information about the key players and market classification and segmentation according to industry trends to the bottom-most level, and key developments related to 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 & 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 included industry experts, consultants, hospital providers, surgeons, providers ofa mbulatory surgery centers. Primary research was conducted to validate the market segmentation, identify key players in the market, and gather insights on key industry trends and key market dynamics.

Surgical Robots Market Size, and Share

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

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the Surgical robots market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides, in the provider industries.

Report Objectives

  • To define, describe, and forecast the surgical robots market based on product & service, application, end user, and region
  • To provide detailed information regarding the major factors influencing the growth of this market (such as drivers, restraints, and opportunities)
  • To analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall surgical robots market
  • To analyze the opportunities for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four main regions, namely,
    North America, Europe, the Asia Pacific, and the Rest of the World (RoW)2
  • To profile the key players and analyze their market shares and core competencies3
  • To track and analyze competitive developments such as product launches & approvals, partnerships, agreements, collaborations, joint ventures, expansions, and acquisitions in the overall surgical robots market
  • To benchmark players within the market using the proprietary “Competitive Leadership Mapping” framework, which analyzes market players on various parameters within the broad categories of business and product strategy

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Additional country-level analysis of Surgical robots market.
  • Profiling of additional market players (up to 3)
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Benchmarking the rapid strategy shifts of the Top 100 companies in the Surgical Robots Market

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