Cover Image
Market Research Report
Product code 
1076150

Global Surgical Robot Market: Size, Trends & Forecast with Impact Analysis of COVID-19 (2022-2026)

Published: | Daedal Research Private Limited | 127 Pages | Delivery time: 1-2 business days

Price

Back to Top
Global Surgical Robot Market: Size, Trends & Forecast with Impact Analysis of COVID-19 (2022-2026)
Published: January 21, 2022
Daedal Research Private Limited
Content info: 127 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables
The report titled "Global Surgical Robot Market: Size, Trends & Forecast with Impact Analysis of COVID-19 (2022-2026)", provides an in-depth analysis of the global surgical robot market by value, by surgery type, by end-users, by component, by region, by number of robots, etc. The report provides a regional analysis of the surgical robot market, including the following regions: North America (The US and Rest of North America), Europe, Asia Pacific (China and Rest of Asia Pacific), and Rest of World. The report also provides a detailed analysis of the COVID-19 impact on the global surgical robot market. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall surgical robot market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends. The global surgical robot market is fragmented. The key players of the global surgical robot market are Smith & Nephew, plc., Intuitive Surgical, Inc., Stryker Corp., and CMR Surgical Ltd. are also profiled with their financial information and respective business strategies.

Company Coverage

Smith & Nephew, plc. Intuitive Surgical, Inc. Stryker Corp. CMR Surgical Ltd.

Regional Coverage

North America Europe Asia Pacific Rest of the World

Executive Summary

Surgical robots are sophisticated precision medical devices that are developed based on the advances in minimally invasive surgery (MIS) and relevant foundation technologies. Surgical robots can handle surgery precisely and focus on small surgical areas. For instance, the robotic arms mimic the motion of human arms by offering surgeons a range of motion comparable to that of a human wrist and eliminating the inherent tremors in human hands. As compared with open surgery and traditional MIS, robot-assisted surgeries can overcome a number of limitations. The global surgical robot market can be segmented based on surgery type (Laparoscopic Robot, Orthopedic Robot, Percutaneous Robot, Natural Orifice Robot, Panvascular Robot, and Other Surgical Robot); end-users (Hospitals and Ambulatory Surgery Centers); and component (System, Disposables, and Services). Orthopedic surgical robot is further segmented into Joint Replacement Robot and Other Orthopedic Robots. The surgical robot market was first hampered by the drop in procedures due to the pandemic. The rise in elective procedures in the second half of 2020 has resulted in a resurgence in surgical robot revenue around the world. The advantages of robot-assisted operations would boost the global surgical robot market forward in the coming years. The global surgical robot market has increased during the years 2017-2021. The projections are made that the market would rise in the next four years i.e. 2022-2026 tremendously. The global surgical robot market is expected to increase due to the aging population, increasing health spending, increasing incidence of cancer, favorable government policies and support, etc. Yet the market faces some challenges such as the high cost of robotic systems, rise in death toll and injuries due to robotic surgeries, etc. Moreover, the market growth would succeed by various market trends like growth of AI and other technologies, innovations in robotic surgery, increasing penetration of surgical robots in ASCs, 5G to revolutionize robotic-assisted surgery, etc.

Table of Contents

1. Executive Summary

2. Introduction

  • 2.1 Surgical Robot: An Overview
    • 2.1.1 Introduction to Surgical Robots
    • 2.1.2 Development History of Surgical Robots
    • 2.1.3 Advantages of Surgical Robots
    • 2.1.4 Disadvantages of Surgical Robots
    • 2.1.5 Classification of Robotic Surgery
    • 2.1.6 Comparison of Key Features of Open Surgery, Conventional MIS and Robot-assisted Surgery
  • 2.2 Surgical Robot Segmentation: An Overview
    • 2.2.1 Surgical Robot Segmentation by Surgery Type
    • 2.2.2 Surgical Robot Segmentation by End-User
    • 2.2.3 Surgical Robot Segmentation by Component

3. Global Market Analysis

  • 3.1 Global Surgical Robot Market: An Analysis
    • 3.1.1 Global Surgical Robot Market by Value
    • 3.1.2 Global Surgical Robot Market by Surgery Type (Laparoscopic, Orthopedic, Percutaneous, Natural Orifice, Panvascular, and Other Surgical Robot)
    • 3.1.3 Global Surgical Robot Market by End-User (Hospital and Ambulatory Surgery Centers)
    • 3.1.4 Global Surgical Robot Market by Region (North America, Europe, Asia Pacific, and Rest of the World)
  • 3.2 Global Surgical Robot Market: Surgery Type Analysis
    • 3.2.1 Global Laparoscopic Surgical Robot Market by Value
    • 3.2.2 Global Orthopedic Surgical Robot Market by Value
    • 3.2.3 Global Orthopedic Surgical Robot Market by Surgery Type (Joint Replacement & Other Orthopedic Surgical Robot)
    • 3.2.4 Global Joint Replacement & Other Orthopedic Surgical Robot Market by Value
    • 3.2.5 Global Percutaneous Surgical Robot Market by Value
    • 3.2.6 Global Natural Orifice Surgical Robot Market by Value
    • 3.2.7 Global Panvascular Surgical Robot Market by Value
    • 3.2.8 Global Other Surgical Robot Market by Value
  • 3.3 Global Surgical Robot Market: End-User Analysis
    • 3.3.1 Global Hospital Surgical Robot Market by Value
    • 3.3.2 Global Ambulatory Surgery Centers Surgical Robot Market by Value

4. Regional Market Analysis

  • 4.1 North America Surgical Robot Market: An Analysis
    • 4.1.1 North America Surgical Robot Market by Value
    • 4.1.2 North America Surgical Robot Market by Region (The US and Rest of North America)
    • 4.1.3 The US Surgical Robot Market by Value
    • 4.1.4 The US Surgical Robot Market by Surgery Type (Laparoscopic, Joint Replacement, and Other Surgical Robot)
    • 4.1.5 The US Laparoscopic Surgical Robot Market by Value
    • 4.1.6 The US Laparoscopic Surgical Robot Market by Component (Systems, Disposables, and Services)
    • 4.1.7 The US Laparoscopic Surgical Robot Components Market by Value
    • 4.1.8 The US Joint Replacement Surgical Robot Market by Value
    • 4.1.9 The US Joint Replacement Surgical Robot Market by Component (Systems, Disposables, and Services)
    • 4.1.10 The US Joint Replacement Surgical Robot Components Market by Value
    • 4.1.11 The US Other Surgical Robot Market by Value
    • 4.1.12 Rest of North America Surgical Robot Market by Value
  • 4.2 Europe Surgical Robot Market: An Analysis
    • 4.2.1 Europe Surgical Robot Market by Value
  • 4.3 Asia Pacific Surgical Robot Market: An Analysis
    • 4.3.1 Asia Pacific Surgical Robot Market by Value
    • 4.3.2 Asia Pacific Surgical Robot Market by Region (China and Rest of Asia Pacific)
    • 4.3.3 China Surgical Robot Market by Value
    • 4.3.4 China Surgical Robot Market by Surgery Type (Laparoscopic, Orthopedic, Percutaneous, Natural Orifice, Panvascular, and Other Surgical Robot)
    • 4.3.5 China Laparoscopic Surgical Robot Market by Value
    • 4.3.6 China Laparoscopic Surgical Robot Market by Component (Systems, Disposables, and Services)
    • 4.3.7 China Laparoscopic Surgical Robot Components Market by Value
    • 4.3.8 China Laparoscopic Surgical Robot Market by Number of Robots
    • 4.3.9 China Orthopedic Surgical Robot Market by Value
    • 4.3.10 China Orthopedic Surgical Robot Market by Surgery Type (Joint Replacement & Other Orthopedic Surgical Robot)
    • 4.3.11 China Joint Replacement & Other Orthopedic Surgical Robot Market by Value
    • 4.3.12 China Joint Replacement Surgical Robot Market by Cumulative Number of Robots
    • 4.3.13 China Percutaneous Surgical Robot Market by Value
    • 4.3.14 China Percutaneous Surgical Robot Market by Number of Newly Installed Robots
    • 4.3.15 China Panvascular Surgical Robot Market by Value
    • 4.3.16 China Panvascular Surgical Robot Market by Number of Newly Installed Robots
    • 4.3.17 China Natural Orifice Surgical Robot Market by Value
    • 4.3.18 China Natural Orifice Surgical Robot Market by Number of Newly Installed Robots
    • 4.3.19 China Other Surgical Robot Market by Value
    • 4.3.20 Rest of Asia Pacific Surgical Robot Market by Value
  • 4.4 Rest of World Surgical Robot Market: An Analysis
    • 4.4.1 Rest of World Surgical Robot Market by Value

5. Impact of COVID-19

  • 5.1 Impact of COVID-19 on Surgical Robot Industry
  • 5.2 Impact of COVID-19 on Elective Surgeries
  • 5.3 Post COVID-19 Impact
    • 5.3.1 Tele-Examination of Patients
    • 5.3.2 Robot-Assisted Surgeries
    • 5.3.3 Tele-Training of Surgeons

6. Market Dynamics

  • 6.1 Growth Drivers
    • 6.1.1 Aging Population
    • 6.1.2 Increasing Health Spending
    • 6.1.3 Increasing Incidence of Cancer
    • 6.1.4 Rising Prevalence of Arthritis
    • 6.1.5 Higher Demand for Surgery with Minimal Invasiveness
    • 6.1.6 Technological Advancements
    • 6.1.7 Favorable Government Policies and Support
  • 6.2 Challenges
    • 6.2.1 High Cost of Robotic Systems
    • 6.2.2 Rise in Death Toll and Injuries Due to Robotic Surgeries
  • 6.3 Market Trends
    • 6.3.1 Growth of AI and Other Technologies
    • 6.3.2 Innovations in Robotic Surgery
    • 6.3.3 Increasing Penetration of Surgical Robots in ASCs
    • 6.3.4 5G to Revolutionize Robotic-assisted Surgery

7. Competitive Landscape

  • 7.1 Global Surgical Robot Market Players: A Financial Comparison
  • 7.2 Global Surgical Robot Market Players by Research & Development Expenses Comparison
  • 7.3 China Laparoscopic Surgical Robot Market Players by Product Comparison
  • 7.4 China Joint Replacement Surgical Robot Market Players by Product Comparison

8. Company Profiles

  • 8.1 Smith & Nephew plc
    • 8.1.1 Business Overview
    • 8.1.2 Financial Overview
    • 8.1.3 Business Strategies
  • 8.2 Intuitive Surgical, Inc.
    • 8.2.1 Business Overview
    • 8.2.2 Financial Overview
    • 8.2.3 Business Strategy
  • 8.3 Stryker Corp.
    • 8.3.1 Business Overview
    • 8.3.2 Financial Overview
    • 8.3.3 Business Strategy
  • 8.4 CMR Surgical Ltd.
    • 8.4.1 Business Overview
    • 8.4.2 Business Strategy

List of Tables

  • Table 1: Comparison of Key Features of Open Surgery, Conventional MIS and Robot-assisted Surgery
  • Table 2: Global Surgical Robot Market Players: A Financial Comparison; 2020
  • Table 3: China Laparoscopic Surgical Robot Market Players by Product Comparison
  • Table 4: China Joint Replacement Surgical Robot Market Players by Product Comparison"

List of Figures

  • Figure 1: Development History of Surgical Robots
  • Figure 2: Advantages of Surgical Robots
  • Figure 3: Disadvantages of Surgical Robots
  • Figure 4: Classification of Robotic Surgery
  • Figure 5: Surgical Robot Segmentation by Surgery Type
  • Figure 6: Surgical Robot Segmentation by Surgery Type
  • Figure 7: Surgical Robot Segmentation by End-User
  • Figure 8: Surgical Robot Segmentation by Component
  • Figure 9: Global Surgical Robot Market by Value; 2017-2021 (US$ Billion)
  • Figure 10: Global Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 11: Global Surgical Robot Market by Surgery Type; 2021 (Percentage, %)
  • Figure 12: Global Surgical Robot Market by End-User; 2021 (Percentage, %)
  • Figure 13: Global Surgical Robot Market by Region; 2021 (Percentage, %)
  • Figure 14: Global Laparoscopic Surgical Robot Market by Value; 2017-2021 (US$ Billion)
  • Figure 15: Global Laparoscopic Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 16: Global Orthopedic Surgical Robot Market by Value; 2017-2021 (US$ Billion)
  • Figure 17: Global Orthopedic Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 18: Global Orthopedic Surgical Robot Market by Surgery Type; 2021 (Percentage, %)
  • Figure 19: Global Joint Replacement & Other Orthopedic Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 20: Global Joint Replacement & Other Orthopedic Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 21: Global Percutaneous Surgical Robot Market by Value; 2017-2021 (US$ Million)
  • Figure 22: Global Percutaneous Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 23: Global Natural Orifice Surgical Robot Market by Value; 2017-2021 (US$ Million)
  • Figure 24: Global Natural Orifice Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 25: Global Panvascular Surgical Robot Market by Value; 2017-2021 (US$ Million)
  • Figure 26: Global Panvascular Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 27: Global Other Surgical Robot Market by Value; 2017-2021 (US$ Billion)
  • Figure 28: Global Other Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 29: Global Hospital Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 30: Global Hospital Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 31: Global Ambulatory Surgery Centers Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 32: Global Ambulatory Surgery Centers Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 33: North America Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 34: North America Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 35: North America Surgical Robot Market by Region; 2021 (Percentage, %)
  • Figure 36: The US Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 37: The US Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 38: The US Surgical Robot Market by Surgery Type; 2021 (Percentage, %)
  • Figure 39: The US Laparoscopic Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 40: The US Laparoscopic Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 41: The US Laparoscopic Surgical Robot Market by Component; 2021 (Percentage, %)
  • Figure 42: The US Laparoscopic Surgical Robot Components Market by Value; 2020-2021 (US$ Million)
  • Figure 43: The US Laparoscopic Surgical Robot Components Market by Value; 2022-2026 (US$ Billion)
  • Figure 44: The US Joint Replacement Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 45: The US Joint Replacement Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 46: The US Joint Replacement Surgical Robot Market by Component; 2021 (Percentage, %)
  • Figure 47: The US Joint Replacement Surgical Robot Component Market by Value; 2020-2021 (US$ Million)
  • Figure 48: The US Joint Replacement Surgical Robot Component Market by Value; 2022-2026 (US$ Million)
  • Figure 49: The US Other Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 50: The US Other Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 51: Rest of North America Surgical Robot Market by Value; 2020-2021 (US$ Million)
  • Figure 52: Rest of North America Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 53: Europe Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 54: Europe Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 55: Asia Pacific Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 56: Asia Pacific Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 57: Asia Pacific Surgical Robot Market by Region; 2021 (Percentage, %)
  • Figure 58: China Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 59: China Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 60: China Surgical Robot Market by Surgery Type; 2021 & 2026 (Percentage, %)
  • Figure 61: China Laparoscopic Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 62: China Laparoscopic Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 63: China Laparoscopic Surgical Robot Market by Component; 2021 (Percentage, %)
  • Figure 64: China Laparoscopic Surgical Robot Components Market by Value; 2020-2021 (US$ Million)
  • Figure 65: China Laparoscopic Surgical Robot Components Market by Value; 2022-2026 (US$ Million)
  • Figure 66: China Laparoscopic Surgical Robot Market by Number of Robots; 2017-2021 (Unit)
  • Figure 67: China Laparoscopic Surgical Robot Market by Number of Robots; 2021-2026 (Unit)
  • Figure 68: China Orthopedic Surgical Robot Market by Value; 2020-2021 (US$ Million)
  • Figure 69: China Orthopedic Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 70: China Orthopedic Surgical Robot Market by Surgery Type; 2021 (Percentage, %)
  • Figure 71: China Joint Replacement & Other Orthopedic Surgical Robot Market by Value; 2020-2021 (US$ Million)
  • Figure 72: China Joint Replacement & Other Orthopedic Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 73: China Joint Replacement Surgical Robot Market by Cumulative Number of Robots; 2017-2021 (Unit)
  • Figure 74: China Joint Replacement Surgical Robot Market by Cumulative Number of Robots; 2022-2026 (Unit)
  • Figure 75: China Percutaneous Surgical Robot Market by Value; 2020-2021 (US$ Million)
  • Figure 76: China Percutaneous Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 77: China Percutaneous Surgical Robot Market by Number of Newly Installed Robots; 2017-2021 (Unit)
  • Figure 78: China Percutaneous Surgical Robot Market by Number of Newly Installed Robots; 2022-2026 (Unit)
  • Figure 79: China Panvascular Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 80: China Panvascular Surgical Robot Market by Number of Newly Installed Robots; 2022-2026 (Unit)
  • Figure 81: China Natural Orifice Surgical Robot Market by Value; 2023-2026 (US$ Million)
  • Figure 82: China Natural Orifice Surgical Robot Market by Number of Newly Installed Robots; 2023-2026 (Unit)
  • Figure 83: China Other Surgical Robot Market by Value; 2020-2021 (US$ Million)
  • Figure 84: China Other Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 85: Rest of Asia Pacific Surgical Robot Market by Value; 2020-2021 (US$ Billion)
  • Figure 86: Rest of Asia Pacific Surgical Robot Market by Value; 2022-2026 (US$ Billion)
  • Figure 87: Rest of World Surgical Robot Market by Value; 2020-2021 (US$ Million)
  • Figure 88: Rest of World Surgical Robot Market by Value; 2022-2026 (US$ Million)
  • Figure 89: Global Elderly Population; 2010-2020 (Percentage, %)
  • Figure 90: Global Health Spending Per Capita; 2017-2020 (US$ Thousand)
  • Figure 91: Global Number of New Cases of Cancer; 2018-2040 (Million)
  • Figure 92: The US Number of Adults with Doctor-Diagnosed Arthritis; 2004-2040 (Million)
  • Figure 93: Global AI Software Market; 2018-2025 (US$ Billion)
  • Figure 94: Global Surgical Robot Market Players by Research & Development Expenses Comparison; 2018-2020 (US$ Million)
  • Figure 95: Smith & Nephew plc Revenue; 2016-2020 (US$ Billion)
  • Figure 96: Smith & Nephew plc Revenue by Segment; 2020 (Percentage, %)
  • Figure 97: Smith & Nephew plc Revenue by Geography; 2020 (Percentage, %)
  • Figure 98: Intuitive Surgical, Inc. Revenue; 2016-2020 (US$ Billion)
  • Figure 99: Intuitive Surgical, Inc. Revenue by Type; 2020 (Percentage, %)
  • Figure 100: Intuitive Surgical, Inc. Revenue by Region; 2020 (Percentage, %)
  • Figure 101: Stryker Corp. Net Sales; 2016-2020 (US$ Billion)
  • Figure 102: Stryker Corp. Net Sales by Segment; 2020 (Percentage, %)
  • Figure 103: Stryker Corp. Net Sales by Region; 2020 (Percentage, %)