Minor surgeries have become more popular as a result of improvement in surgical tools and technology. Significant advancement in surgical techniques have been brought about by the use of robotic technology in performing minimally invasive surgeries. Smaller incisions made with the help of surgical robots enable patients to heal more quickly and spend less time in the hospital. Furthermore, surgical robots increase the accuracy and precision of surgical treatments and make it simple to reach below soft tissues to operate on organ that would otherwise require an open surgery. As a result, they are perfect for minimally invasive procedure, which is anticipated to drive the expansion of the surgical robotics market. Over the course of the projection period, an increase in surgical operations is anticipated to boost market growth for surgical robots. More than 17.7 million surgical and minimally invasive cosmetic operations were carried out in the United States in 2018, according to the ASPS annual plastic surgery statistics report.
Global Surgical Robots Market is estimated to be valued at US$ 5,721.6 million in 2022 and is expected to exhibit a CAGR of 13.4% during the forecast period (2022-2030).
Leading companies in the Surgical Robots Industry:
1. Intuitive Surgical
Intuitive Surgical headquartered in Sunnyvale, California is a global leader in minimally invasive care and pioneer of robotic surgery. It was established in 1995 and till now is operational in more than 69 countries worldwide. Intuitive’s ion system and Siemens Healthinees Cios in the month of June 2022 has announced that U. S Food and Drug Administration has cleared the integration of mobile con-beam CT (CBCT) imaging technology and the Ion Endoluminal system used for robotic-assisted bronchoscopy.
2. Think Surgical
THINK Surgical, Inc., is a privately held U.S.-based technology innovator that develops and markets orthopedic robots. It headquarters in Fremont, CA. Think Surgical on 5th December 2022 announced a collaboration with UK based digital health company, Definition Health. The companies will jointly develop a seamless, web-based, connected care solution to enhance the surgical planning experience for surgeons using THINK’s robotic technologies for joint replacement surgery.
3. Asensus Surgical US, Inc.
Asensus Surgical US, Inc. was founded in 2006 for digitizing the interface between the surgeon and the patients to improve minimally invasive surgery (MIS) through a new category of care called laparoscopy. It has headquarters in Durham, North Carolina. Asensus Surgical on 8th December 2022 has announced that a senhance surgical sustem has been sold to company’s distribution partner in Germany. The Senhance system will be placed at an end user oncology focused hospital.
4. Zimmer Biomet
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. It headquarters in Warsaw, Indiana and operated in 25 plus countries. Zimmer Biomet in November 2022 announced that U.S. Food and drug Administration (FDA) has given clearance for the Persona OsseoTi Keel Tibia for cementless knee replacement.
5. Stryker
Dr. Stryker started a company in 1941 and is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. Stryker is operational in 75 plus countries. Stryker in December, 2022 announced the launch of Citrefix™, a suture anchor system for foot and ankle surgical procedures. The new system uses Citregen™, an award-winning bioresorbable material designed to mimic the chemistry and structure of native bone.
6. Smith & Nephew
Smith & Nephew was founded in 1856. Headquarters in Watford, Hertfordshire. It is operational in more than 100 countries. Smith & Nephew global medical technology business, announced the acquisition of Engage surgical in November, 2022, owner of the only cementless unicompartmental (partial) knee system commercial available in the US
7. Novus Health Products
Novus Health Products a global wellness and fitness service provider was established in 2006 and has headquarters in Torornto, Ontario.
8. Medtronic.
Medtronic is a global healthcare technology leader which broadly deals in challenging healthcare problems with innovation that can transform. It has headquartered in Minneapolis, MN and serves across 150 countries.
*Definition- Surgical robots are mechanical arms with operative instruments and a camera arm that are operated by surgeons and can provide a magnified high-definition 3D picture of the surgical site.
