Robot Assisted Surgical Systems Market Scope And Analysis

  • Report Code : TIPRE00004753
  • Category : Life Sciences
  • No. of Pages : 150
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Robotic Assisted Surgery Systems Market Analysis, Trends, and Scope 2021 to 2022

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Robotic Assisted Surgery Systems Market Report Scope

Report Attribute Details
Market size in 2022 US$ 7,831.93 Million
Market Size by 2030 US$ 23,816.80 Million
Global CAGR (2022 - 2030) 14.9%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Product Type
  • Systems
  • Consumables and Accessories
  • Software and Services
By Application
  • Gynecological Surgery
  • Cardiovascular Procedure
  • Neurosurgery
  • Orthopedic Surgery
  • Laparoscopy
  • Urology
  • Other Applications
By End User
  • Hospitals
  • Ambulatory Surgery Centers
  • Other End Users
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Intuitive Surgical Inc
  • Stryker Corporation
  • Johnson Johnson Inc
  • SRI International Inc
  • Accuray Incorporated
  • Renishaw PLC
  • Medtronic PLC
  • Brainlab
  • Smith Nephew PLC
  • Industry Developments and Future Opportunities: 

    Various initiatives taken by key players operating in the global robotic assisted surgery systems market are listed below:

    1. In October 2023, Johnson & Johnson MedTech, an orthopedics business of DePuy Synthes, introduced the VELYS Robotic Assisted Solution. The solution has been used in total knee replacement procedures in Germany, Belgium, and Switzerland. With this launch, DePuy Synthes expands the networked technologies within its Digital Surgery Platform to meet unmet demands for orthopedic robots
    2. In November 2022, an Indian Medtech business partnered with Avra Medical Robotics, an American company listed on the Nasdaq. The first surgical robot to be entirely "Made in India," SSI Mantra, was introduced by SS Innovations. It is a highly developed surgical robotic system with more capabilities and applications than other systems on the market.
    3. In November 2022, FDA in the United States approved Accelus's software update for the Remi Robotic Navigation System, which allows surgeons performing lumbar spine fixation to place pedicle screws with robotic assistance. Accelus is a private medical technology company that focuses on the adoption of minimally invasive surgery (MIS) as the standard of care in the spine.

    Competitive Landscape and Key Companies:

    Intuitive Surgical Inc., Stryker Corporation, Johnson & Johnson Inc., SRI International Inc., Accuray Incorporated, Renishaw PLC, Medtronic PLC, Brainlab, Smith & Nephew PLC, Globus Medical, and Zimmer Biomet are among the prominent players in the robotic assisted surgery systems market. These companies focus on expanding their offerings to meet the growing consumer demand worldwide. Their global presence allows them to serve a large set of customers, subsequently allowing them to expand their market share.