Market Overview

The Global Robotic Assisted Surgery Systems Market was valued at USD 9,540.1 million in 2023 and is expected to reach USD 29,497.4 million by 2031 while growing at a CAGR of 15.2% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global robotic-assisted surgery systems market growth. Robotic-assisted surgery systems integrate robotics, computer technology, and surgical expertise to boost precision in minimally invasive procedures. They assist surgeons, providing greater control and flexibility. Evolving with technological advancements, these systems contribute to improved patient outcomes, expanding the scope of surgeries benefiting from this advanced technology.

Continuous advancements in robotic technology and the rising incidence of chronic diseases like cancer and cardiovascular conditions contribute to substantial growth in the robotic assisted surgery systems market. Despite this, obstacles such as high initial costs, ongoing maintenance expenses, and stringent regulatory approval processes may hinder the market's expansion.

Furthermore, the global robotic-assisted surgery systems industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Robotic Assisted Surgery Systems Market is segmented among Systems, Consumable and Accessories, and Software and Services, based on Product Type. In 2023, Consumable and Accessories accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Robotic Assisted Surgery Systems Market is segmented among General Surgery, Cardiovascular, Neurosurgery, Orthopedic Surgery, Laparoscopy, Gynecology and Urology, and Other Applications, based on application. In 2023, General Surgery accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Robotic Assisted Surgery Systems Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Intuitive Surgical Inc., Stryker Corporation, Johnson & Johnson Inc., SRI International Inc, Accuray Incorporated, Renishaw PLC, Medtronic PLC, Smith & Nephew PLC, Brainlab, and Globus Medical.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Robotic-Assisted Surgery Systems Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Robotic Assisted Surgery Systems Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Robotic Assisted Surgery Systems Market Segmentation, By Product Type

• Global Robotic Assisted Surgery Systems Market Share Analysis, By Product Type

• Global Robotic Assisted Surgery Systems Market Growth Analysis, By Product Type

• Global Robotic Assisted Surgery Systems Market Trends, By Product Type

o System

Ø Surgical Robot

Ø Navigation System

o Consumable and Accessories

o Software and Services

6. Global Robotic Assisted Surgery Systems Market Segmentation, By Application

• Global Robotic Assisted Surgery Systems Market Share Analysis, By Application

• Global Robotic Assisted Surgery Systems Market Growth Analysis, By Application

• Global Robotic Assisted Surgery Systems Market Trends, By Application

o General Surgery

o Cardiovascular

o Neurosurgery

o Orthopedic Surgery

o Laparoscopy

o Gynecology and Urology

o Other Applications

7. Global Robotic Assisted Surgery Systems Market Segmentation, By End User

• Global Robotic Assisted Surgery Systems Market Share Analysis, By End User

• Global Robotic Assisted Surgery Systems Market Growth Analysis, By End User

• Global Robotic Assisted Surgery Systems Market Trends, By End User

o Hospitals

o Ambulatory Surgery Centers

o Other End Users

8. Global Robotic Assisted Surgery Systems Market Segmentation, By Region

• Global Robotic Assisted Surgery Systems Market Share Analysis, By Region

• Global Robotic Assisted Surgery Systems Market Growth Analysis, By Region

• Global Robotic Assisted Surgery Systems Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Intuitive Surgical Inc. *

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Stryker Corporation

• BVI

• Johnson & Johnson Inc.

• SRI International Inc

• Accuray Incorporated

• Renishaw PLC

• Medtronic PLC

• Smith & Nephew PLC

• Brainlab

• Globus Medical 

*Similar analysis will be provided for each company listed above.