Global Surgical Robotic Systems market was valued at USD 5.02 billion in 2021, growing at a CAGR of 11.50% during the forecast period from 2022 to 2027 to reach USD 9.64 billion by 2027. The demand for Surgical Robotic Systems is witnessing a surge due to increasing surgical procedures which can be attributed to various factors such as increasing geriatric population who form a big part of at-risk population for prostate cancer, valvular diseases, endometriosis among other diseases, growing need for robot-assisted surgery systems due to the growing inclination towards minimally invasive surgical approaches, and the innovation in product development which is paving the way for miniaturized surgical robots ultimately contributing in the overall growth of the Surgical Robotic Systems market during the forecast period from 2022-2027.
Some of the key Surgical Robotic System Companies operating in the market includes Intuitive Surgical Inc, Stryker, JOHNSON & JOHNSON MEDICAL DEVICES COMPANIES, Medtronic, avateramedical GmbH, CMR Surgical Ltd., Medicaroid Corporation, Medrobotics Corp, Asensus Surgical US, Inc, Globus Medical, Microport Scientific Corporation, Smith & Nephew PLC., Accuray Incorporated, THINK Surgical., Renishaw plc, Zimmer Biomet, Corindus, Inc (Siemens Healthineers), Preceyes BV., MicroSure, Memic Innovative Surgery Ltd and others.
Surgical Robotic System Overview
Surgical Robotic Systems, also known as robot-assisted surgical devices are medical devices that are computer-assisted systems which are employed in surgical navigation, pre-operative planning, and also assist in carrying out surgical procedures in a minimally invasive manner.
Discover More About the Surgical Robotic Systems Report- Surgical Robotic Systems Medical Device Report
Recent Developmental Activities in the Surgical Robotic System Market
- In November 2021, Brain Navi Biotaechnology, a Taiwan-based company received the CE (Conformité Européenne) Mark for their NaoTrac, a robotic-assisted surgical robot.
- In October 2021, Medtronic received the CE (Conformité Européenne) Mark for their Hugo™ robotic-assisted surgery (RAS) system thereby enabling Medtronic to access European market for this device. The device received the approval for gynecologic and urological procedures.
- In March 2021, an Israel-based company Memic Innovative Surgery received the regulatory approval from the US Food and Drug Administration for their robotically-assisted surgical device, making it the first FDA-approved surgical robotic devices for transvaginal hysterectomy.
According to DelveInsight, the Surgical Robotic System Clinical Development Market would rise rapidly throughout the forecast period due to continuous commercial and clinical development.
Key Players Proactively Working in the Surgical Robotic System Market
In the Global Surgical Robotic System Market Companies contribute significantly to their development and are also active in mergers and acquisitions to strengthen their market position. Some of the key Surgical Robotic System Companies operating in the market includes Intuitive Surgical Inc, Stryker, JOHNSON & JOHNSON MEDICAL DEVICES COMPANIES, Medtronic, avateramedical GmbH, CMR Surgical Ltd., Medicaroid Corporation, Medrobotics Corp, Asensus Surgical US, Inc, Globus Medical, Microport Scientific Corporation, Smith & Nephew PLC., Accuray Incorporated, THINK Surgical., Renishaw plc, Zimmer Biomet, Corindus, Inc (Siemens Healthineers), Preceyes BV., MicroSure, Memic Innovative Surgery Ltd and others.
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Scope of the Surgical Robotic System Market Report
- Study Period- 2019-2027
- Companies- Intuitive Surgical Inc (NYSE: ISRG), Stryker (NYSE: SYK), JOHNSON & JOHNSON MEDICAL DEVICES COMPANIES (NYSE: JNJ), Medtronic (NYSE: MDT), Avateramedical GmbH, CMR Surgical Ltd., Medicaroid Corporation, Medrobotics Corp, Asensus Surgical US Inc (NYSE: ASXC), Globus Medical (NYSE: GMED), Microport Scientific Corporation (NYSE: MCRPF), Smith & Nephew PLC (NYSE: SNN)., Accuray Incorporated (NYSE: ARAY), THINK Surgical., Renishaw plc, Zimmer Biomet (NYSE: ZBH), Corindus Inc (Siemens Healthineers) (NYSE: SMMNY), Preceyes BV., MicroSure, Memic Innovative Surgery Ltd (NYSE: MMIC) and several others
- Surgical Robotic Systems Market By Application (Urology, Gynecology, Neurosurgery, Orthopedics, and Others)
- Surgical Robotic Systems Market By End User (Hospitals, Ambulatory Surgical Centers, and Others),
- Surgical Robotic Systems Market By Geography (North America, Europe, Asia-Pacific, and Rest of the World)
- Porter’s Five Forces Analysis, Product Profiles, Cases Studies, KOL’s Views, and Analyst’s View
Table of Content
- Surgical Robotic Systems Market Report Introduction
- Surgical Robotic Systems Market Executive Summary
- Regulatory and Patent Analysis
- Surgical Robotic Systems Market Key Factors Analysis
- Surgical Robotic Systems Market Porter’s Five Forces Analysis
- COVID-19 Impact Analysis on Surgical Robotic Systems Market
- Surgical Robotic Systems Market Layout
- Surgical Robotic Systems Market Global Company Share Analysis – Key 3-5 Companies
- Surgical Robotic Systems Market Company and Product Profiles
- KOL Views
- Project Approach
- About DelveInsight
- Disclaimer & Contact Us
Read More About the Report Offering- Surgical Robotic System Market Landscape
Key Takeaways from the Surgical Robotic Systems Market Report Study
- Market size analysis for current Surgical Robotic Systems market size (2021), and market forecast for 5 years (2022-2027)
- The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Surgical Robotic Systems market.
- Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
- Key companies dominating the Global Surgical Robotic Systems Market Landscape.
- Various opportunities available for the other competitor in the Surgical Robotic Systems Market space.
- What are the top performing segments in 2021? How these segments will perform in 2027.
- Which is the top-performing regions and countries in the current Surgical Robotic Systems market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for Surgical Robotic Systems market growth in the coming future?
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