Global surgical robots market is estimated to be valued at USD 7,268.9 Mn in 2024 and is expected to exhibit a CAGR of 13.7% during the forecast period (2024-2031). The global surgical robots market is expected to witness accelerated growth over the next decade driven by the increasing adoption of minimally invasive procedures, rising focus on medical robotics technology, and growing demand for precise surgeries across hospitals and healthcare facilities. Surgical robotics is transforming medical care by enabling surgeons to perform complex and delicate procedures with enhanced dexterity, precision, and control. Key players are actively engaging in research and development to develop technologically advanced robots integrated with augmented reality, computer-assisted surgery, and machine learning capabilities.
Market Dynamics:
The global surgical robots market is primarily driven by the rising prevalence of chronic diseases necessitating surgical interventions, growing prevalence of obesity leading to a rise in bariatric surgeries, increasing preference for minimally invasive surgeries (MIS) over open surgeries due to advantages like reduced hospital stay and recovery time, and rising geriatric population vulnerable to various medical conditions such as gynecologic oncology, otolaryngology. However, high costs associated with robotic systems, lack of reimbursement for robotic surgeries in some countries, and lack of skilled robot surgeons are some of the key factors expected to restrain the market growth. Meanwhile, ongoing technological advancements focused on developing affordable robots with augmented intelligence and expanding applications in non-invasive fields present lucrative opportunities for the players in the coming years.
Key Features of the Study:
Detailed Segmentation-
Table of Contents
*Browse 27 market data tables and 32 figures on "Surgical Robots Market” - Global forecast to 2031
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients