Global Surgical Robotics Market

Focus on Vendor Analysis, Key Enabling Technologies, Emerging Platforms in Pipeline, 26 Company Profiles, and 45 Countries Data & Cross Segmentation - Analysis and Forecast, 2021-2031

Published Year: 2021
SKU: BHR0546SF

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Table of Contents

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1 Scope of Research Study

1.1    Key Questions Answered
1.2    Forecast Period Selection Criteria

2 Research Methodology

2.1    Primary Research
2.2    Secondary Research
2.3    Data Sources and Categorization
2.4    Market Estimation and Forecast Methodology
2.5    Data Triangulation

3 Market Overview

3.1    Advent of Surgical Robotic Technology
         3.1.1    Historical Perspective of Surgical Robotics
3.2    Limitations and Assumptions
3.3    Market Classification
3.4    Global Market Outlook, 2020-2031
3.5    da Vinci Robotic Surgery
         3.5.1    Procedure Volume
         3.5.2    Unit Sold, by Brand
         3.5.3    Unit Sold, by Region
         3.5.4    Installed Base, by Region
         3.5.5    Patent Scenario
         3.5.6    Regulatory Scenario
3.6    Advantages of Robotic Surgery
3.7    Opportunity Mapping
3.8    Case Study: Colon Resection

4 Industry Analysis

4.1    Regulatory Scenario
         4.1.1    U.S.
                     4.1.1.1    De-Novo Pathway
         4.1.2    European Union (EU)
                     4.1.2.1    Impact of the EU’s Medical Device Regulations (MDR)
                                    4.1.2.1.1    Expansion of Product Scope
                                    4.1.2.1.2    Reclassification of Medical Devices as per Associated Risk, Contact Duration, and Invasiveness
                                    4.1.2.1.3    More Supportive Clinical Investigations for Class III and Implantable Medical Devices
                                    4.1.2.1.4    Dedicated Personal for MDR Compliance
                                    4.1.2.1.5    More Emphasis on Post-Market Surveillance
                                    4.1.2.1.6    Requirement of Common Specifications
                                    4.1.2.1.7    Implementation of a Unique Device Identification (UDI) Mechanism
         4.1.3    China
         4.1.4    Japan
4.2    Benefits and Risks Associated with Robotically Assisted Surgical Devices (RASD)
         4.2.1    Case Study: Intuitive Surgical, Inc.
4.3    Key Enabling Technologies
         4.3.1    Robotics Simulators: Empowering Precision Care
                     4.3.1.1    Rising Cases of Surgical Errors
                     4.3.1.2    Surgical Stimulators: An Alternative to Minimize Surgical Errors
         4.3.2    Long Distance Teleoperated Surgical Systems
                     4.3.2.1    Overview
                     4.3.2.2    Advantages
         4.3.3    Autonomous Surgical Robotics Systems: A Technological Paradigm in Surgical Robotics
                     4.3.3.1    Overview
                     4.3.3.2    Advantages
         4.3.4    Haptics Enabling Force Feedback: An Awaited Advancement in the Field of Surgical Robotics
         4.3.5    Case Studies on Novel Surgical Robotic Concepts
4.4    Insights on Emerging Platforms in Pipeline
4.5    Patient Compliances and End User Perception
4.6    Return on Investment Analysis: A Value-Based Business Model
4.7    Distribution and Marketing Strategies (for Start-Up Companies)
         4.7.1    Distribution Strategies
                     4.7.1.1    Case Study: Intuitive Surgical, Inc. (Europe)
         4.7.2    Marketing Strategies
                     4.7.2.1    Case Study: Intuitive Surgical, Inc. (Europe)
4.8    Patent Landscape
4.9    Minimally Invasive Surgeries: Opportunity Assessment
         4.9.1    Pre-COVID-19 Scenario
         4.9.2    Post-COVID-19 Scenario

5 Competitive Landscape

5.1    Market Developments and Strategies
         5.1.1    Regulatory and Legal
         5.1.2    Funding Activities
         5.1.3    Partnerships, Alliances, and Business Expansions
         5.1.4    Mergers and Acquisitions
         5.1.5    Product Launches and Upgradations
5.2    Porter’s Five Force Analysis
         5.2.1    Bargaining Power of Suppliers
         5.2.2    Bargaining Power of Buyers
         5.2.3    Threat of New Entrants
         5.2.4    Threat of Substitutes
         5.2.5    Intensity of Competitive Rivalry
5.3    Value Chain Analysis
5.4    Cost Analysis: Conventional vs Robotic Procedures
5.5    Vendor Analysis
5.6    Pricing Analysis
5.7    Business Model Analysis
5.8    Growth Share Analysis
5.9    Company Share Analysis

6 Market Dynamics

6.1    Overview
6.2    Iceberg Analysis: Identification of Hidden Factors that Drive the Market Growth
6.3    Impact Analysis
6.4    Market Drivers
         6.4.1    Rising Incidence of Chronic Disorders Inciting the Use of Robotics-Assisted Surgical Procedures
         6.4.2    Elevating Geriatric Population Changing the Adoption Patten for Minimally Invasive Surgical Procedures
         6.4.3    Rising Demand for Minimally Invasive Surgical Procedures Signifying the Need for Robotics-Assisted Surgeries
         6.4.4    Technological Advancements in the Field of Medical Surgeries
6.5    Market Restraints
         6.5.1    High Cost of Surgical Robotic Systems and their Associated Procedures
         6.5.2    Shortage of Skilled Professionals
         6.5.3    Restrictive Reimbursement Landscape
6.6    Market Opportunities
         6.6.1    Development of Low-Cost Surgical Robotic Systems
         6.6.2    Implementation of Artificial Intelligence (AI) in Surgical Robots
         6.6.3    Development of Surgical Simulators for the Training of Professionals
6.7    Market Trends
         6.7.1    Operating Lease Programs Implemented by the Surgical Robotic Manufacturers

7 Global Surgical Robotics Market (by Product Type)

7.1    Market Overview
7.2    Market Attractiveness Analysis
7.3    Surgical Systems
7.4    Instruments and Accessories
7.5    Services

8 Global Surgical Robotics Market (by Application)

8.1    Market Overview
8.2    Market Attractiveness Analysis
8.3    General Surgery
8.4    Urology Surgery
8.5    Gynecology Surgery
8.6    Orthopedic Surgery
8.7    Cardiology Surgery
8.8    Head and Neck Surgery (including Neurology)
8.9    Other Surgeries

9 Global Surgical Robotics Market (by End User)

9.1    Market Overview
9.2    Market Attractiveness Analysis
9.3    Hospitals
9.4    Ambulatory Surgical Centers
9.5    Others

10 Global Surgical Robotics Market (by Region)

10.1    Market Overview
10.2    Market Attractiveness Analysis
10.3    North America
           10.3.1    Market Overview
           10.3.2    Market Dynamics
           10.3.3    North America: Product Type, $Million, 2020-2031
           10.3.4    North America: Unit Sold (by Country), 2020-2031
           10.3.5    North America: Installed Base (by Country), 2020-2031
           10.3.6    U.S.
           10.3.7    Canada
10.4    Europe
           10.4.1    Market Overview
           10.4.2    Market Dynamics
           10.4.3    Europe: Product Type, $Million, 2020-2031
           10.4.4    Europe: Unit Sold (by Country), 2020-2031
           10.4.5    Europe: Installed Base (by Country), 2020-2031
           10.4.6    Germany
           10.4.7    France
           10.4.8    Italy
           10.4.9    U.K.
           10.4.10    Spain
           10.4.11    Turkey
           10.4.12    Russia
           10.4.13    Belgium
           10.4.14    Switzerland
           10.4.15    Sweden
           10.4.16    Netherlands
           10.4.17    Denmark
           10.4.18    Norway
           10.4.19    Finland
           10.4.20    Austria
           10.4.21    Ireland
           10.4.22    Rest-of-Europe
10.5    Asia-Pacific
           10.5.1    Market Overview
           10.5.2    Market Dynamics
           10.5.3    Asia-Pacific: Unit Sold (by Country), 2020-2031
           10.5.4    Asia-Pacific: Installed Base (by Country), 2020-2031
           10.5.5    Japan
           10.5.6    China
           10.5.7    India
           10.5.8    South Korea
           10.5.9    Australia and New Zealand (ANZ)
           10.5.10    Taiwan
           10.5.11    Thailand
           10.5.12    Malaysia
           10.5.13    Singapore
           10.5.14    Indonesia
           10.5.15    Philippines
10.6    Latin America
           10.6.1    Market Overview
           10.6.2    Market Dynamics
           10.6.3    Latin America: Product Type, $Million, 2020-2031
           10.6.4    Latin America: Unit Sold (by Country), 2020-2031
           10.6.5    Latin America: Installed Base (by Country), 2020-2031
           10.6.6    Brazil
           10.6.7    Mexico
           10.6.8    Argentina
           10.6.9    Chile
           10.6.10    Venezuela
           10.6.11    Colombia
           10.6.12    Puerto Rico
           10.6.13    Panama
           10.6.14    Uruguay
10.7    Rest-of-the-World
           10.7.1    Market Overview
           10.7.2    Market Dynamics
           10.7.3    Rest-of-the-World: Product Type, $Million, 2020-2031
           10.7.4    Rest-of-the-World: Unit Sold (by Country), 2020-2031
           10.7.5    Rest-of-the-World: Installed Base (by Country), 2020-2031
           10.7.6    Kingdom of Saudi Arabia (KSA)
           10.7.7    Israel
           10.7.8    Qatar
           10.7.9    Pakistan
           10.7.10    Kuwait
           10.7.11    Egypt
           10.7.12    Lebanon

11 Company Profiles

11.1    Overview
           11.1.1    Key Players: Snapshot
           11.1.2    Key Strategies Implemented by Key Market Players
11.2    Asensus Surgical, Inc.
           11.2.1    Company Overview
           11.2.2    Role of the Company in the Market
           11.2.3    Financials
           11.2.4    SWOT Analysis
11.3    avatera medical GmbH
           11.3.1    Company Overview
           11.3.2    Role of the Company in the Market
           11.3.3    SWOT Analysis
11.4    CMR Surgical Limited
           11.4.1    Company Overview
           11.4.2    Role of the Company in the Market
           11.4.3    SWOT Analysis
11.5    Corin Group
           11.5.1    Company Overview
           11.5.2    Role of the Company in the Market
           11.5.3    SWOT Analysis
11.6    Curexo, Inc.
           11.6.1    Company Overview
           11.6.2    Role of the Company in the Market
           11.6.3    SWOT Analysis
11.7    Globus Medical, Inc.
           11.7.1    Company Overview
           11.7.2    Role of the Company in the Market
           11.7.3    Financials
           11.7.4    SWOT Analysis
11.8    Intuitive Surgical, Inc.
           11.8.1    Company Overview
           11.8.2    Role of the Company in the Market
           11.8.3    Financials
           11.8.4    SWOT Analysis
11.9    Johnson & Johnson
           11.9.1    Company Overview
           11.9.2    Role of the Company in the Market
           11.9.3    Financials
           11.9.4    SWOT Analysis
11.10    Medrobotics Corporation
             11.10.1    Company Overview
             11.10.2    Role of the Company in the Market
             11.10.3    SWOT Analysis
11.11    Medicaroid Corporation
             11.11.1    Company Overview
             11.11.2    Role of the Company in the Market
             11.11.3    SWOT Analysis
11.12    Medtronic plc
             11.12.1    Company Overview
             11.12.2    Role of the Company in the Market
             11.12.3    Financials
             11.12.4    SWOT Analysis
11.13    meerecompany Inc.
             11.13.1    Company Overview
             11.13.2    Role of the Company in the Market
             11.13.3    SWOT Analysis
11.14    Monteris Medical Corporation
             11.14.1    Company Overview
             11.14.2    Role of the Company in the Market
             11.14.3    SWOT Analysis
11.15    Neocis, Inc.
             11.15.1    Company Overview
             11.15.2    Role of the Company in the Market
             11.15.3    Neocis, Inc.: SWOT Analysis
11.16    PROCEPT BioRobotics Corporation
             11.16.1    Company Overview
             11.16.2    Role of the Company in the Market
             11.16.3    SWOT Analysis
11.17    Renishaw plc
             11.17.1    Company Overview
             11.17.2    Role of the Company in the Market
             11.17.3    Financials
             11.17.4    SWOT Analysis
11.18    Siemens Healthineers AG
             11.18.1    Company Overview
             11.18.2    Role of the Company in the Market
             11.18.3    Financials
             11.18.4    SWOT Analysis
11.19    Smith & Nephew plc
             11.19.1    Company Overview
             11.19.2    Role of the Company in the Market
             11.19.3    Financials
             11.19.4    SWOT Analysis
11.20    Stereotaxis, Inc.
             11.20.1    Company Overview
             11.20.2    Role of the Company in the Market
             11.20.3    Financials
             11.20.4    SWOT Analysis
11.21    Stryker Corporation
             11.21.1    Company Overview
             11.21.2    Role of the Company in the Market
             11.21.3    Financials
             11.21.4    SWOT Analysis
11.22    THINK Surgical, Inc.
             11.22.1    Company Overview
             11.22.2    Role of the Company in the Market
             11.22.3    SWOT Analysis
11.23    Titan Medical, Inc.
             11.23.1    Company Overview
             11.23.2    Role of the Company in the Market
             11.23.3    Financials
             11.23.4    Titan Medical Inc.: SWOT Analysis
11.24    Venus Concept, Inc.
             11.24.1    Company Overview
             11.24.2    Role of the Company in the Market
             11.24.3    Financials
             11.24.4    SWOT Analysis
11.25    Vicarious Surgical, Inc.
             11.25.1    Company Overview
             11.25.2    Company Description
             11.25.3    SWOT Analysis
11.26    Virtual Incision Corporation
             11.26.1    Company Overview
             11.26.2    Role of the Company in the Market
             11.26.3    SWOT Analysis
11.27    Zimmer Biomet Holdings, Inc.
             11.27.1    Company Overview
             11.27.2    Role of the Company in the Market
             11.27.3    Financials
             11.27.4    SWOT Analysis

List of Tables

Table 1:    Impact Analysis
Table 3.1:    Market Forecasting Factors
Table 3.2:    Currency Conversion Rate:
Table 3.3:    Historical da Vinci Robotic Surgery: Procedure Volume, (Thousand), 2011-2020
Table 3.4:    Forecasted da Vinci Robotic Surgery: Procedure Volume, (Thousand), 2021-2031
Table 3.5:    Brand Analysis: Intuitive Surgical, Inc., 2010-2020
Table 3.6:    Unit Sold: Intuitive Surgical, Inc., 2012-2020
Table 3.7:    Installed Base: Intuitive Surgical, Inc., 2012-2020
Table 3.8:    Regulatory Clearance: Intuitive Surgical, Inc. (Surgical Procedure)
Table 3.9:    Regulatory Clearance: Intuitive Surgical (Surgical Systems)
Table 3.10:    Market Penetration for Complex Surgical Procedures in International Markets
Table 4.1:    List of Surgical Robotic Systems with Haptic Feedback Capabilities
Table 4.2:    MiroSurge Surgical Robot
Table 4.3:    Smart Autonomous Robotic Assistant Surgeon (SARAS) Project
Table 4.4:    Axis Medical Robotic Concept
Table 4.5:    Some of the Emerging Platforms in Robotic Surgery
Table 4.6:    Return on Investment Analysis
Table 4.7:    Patent Landscape, January 2018-December 2020
Table 5.1:    List of Players with Strategic Mergers and Acquisitions, January 2017 – March 2021
Table 5.2:    Cost Analysis: Traditional vs Robotic Procedures (Per Patient Cost)
Table 5.3:    Product Portfolio
Table 5.4:    Pricing Analysis: da Vinci Surgical System (Intuitive Surgical, Inc.), 2014-2020
Table 5.5:    Pricing Analysis: Senhance Surgical System (Asensus Surgical, Inc.), 2016-2020
Table 5.6:    Pricing Analysis: Mazor X Surgical System (Medtronic plc), 2017-2020
Table 5.7:    Pricing Analysis: Flex Robotic System (Medrobotics Corporation), 2015-2018
Table 5.8:    Pricing Analysis: Mako Surgical System (Stryker Corporation), 2015-2020
Table 6.1:    Impact Analysis: Market Drivers
Table 6.2:    Impact Analysis: Market Restraints
Table 6.3:    Number and Distribution of Persons Aged 60 Years or Over (by Region), 2017 and 2050
Table 7.1:    Market Revenue Contribution (by Company), $Million, 2020-2031
Table 7.2:    Surgical Systems: Revenue Contribution (by Company), $Million,  2020-2031
Table 7.3:    Unit Sold, (by Company), 2020-2031
Table 7.4:    Installed Base (by Company), 2020-2031
Table 7.5:    Instruments and Accessories: Revenue Contribution (by Company), $Million, 2020-2031
Table 7.6:    Services: Revenue Contribution (by Company), $Million, 2020-2031
Table 8.1:    Global Surgical Robotics Market (by Application), $Million, 2020-2031
Table 9.1:    Unit Sold (by End User), 2020-2031
Table 9.2:    Total Number of Ambulatory Surgical Centers (U.S.), 2009-2017
Table 10.1:    Unit Sold (by Region), 2020-2031
Table 10.2:    Installed Base (by Region), 2020-2031
Table 10.3:    North America: Unit Sold (by Country), 2020-2031
Table 10.4:    North America: Installed Base (by Country), 2020-2031
Table 10.5:    U.S.: Unit Sold and Installed Base, 2020-2031
Table 10.6:    Canada: Unit Sold and Installed Base, 2020-2031
Table 10.7:    Europe Surgical Robotics Market (by Country), $Million, 2020-2031
Table 10.8:    Europe: Unit Sold (by Country), 2020-2031
Table 10.9:    Europe: Installed Base (by Country), 2020-2031
Table 10.10:    Germany: Unit Sold and Installed Base, 2020-2031
Table 10.11:    France: Unit Sold and Installed Base, 2020-2031
Table 10.12:    Italy: Unit Sold and Installed Base, 2020-2031
Table 10.13:    U.K.: Unit Sold and Installed Base, 2020-2031
Table 10.14:    Spain: Unit Sold and Installed Base, 2020-2031
Table 10.15:    Turkey: Unit Sold and Installed Base, 2020-2031
Table 10.16:    Russia: Unit Sold and Installed Base, 2020-2031
Table 10.17:    Belgium: Unit Sold and Installed Base, 2020-2031
Table 10.18:    Switzerland: Unit Sold and Installed Base, 2020-2031
Table 10.19:    Sweden: Unit Sold and Installed Base, 2020-2031
Table 10.20:    Netherlands: Unit Sold and Installed Base, 2020-2031
Table 10.21:    Denmark: Unit Sold and Installed Base, 2020-2031
Table 10.22:    Norway: Unit Sold and Installed Base, 2020-2031
Table 10.23:    Finland: Unit Sold and Installed Base, 2020-2031
Table 10.24:    Austria: Unit Sold and Installed Base, 2020-2031
Table 10.25:    Ireland: Unit Sold and Installed Base, 2020-2031
Table 10.26:    Rest-of-Europe: Unit Sold and Installed Base, 2020-2031
Table 10.27:    Asia-Pacific Surgical Robotics Market (by Country), $Million, 2020-2031
Table 10.28:    Asia-Pacific: Unit Sold (by Country), 2020-2031
Table 10.29:    Asia-Pacific: Installed Base (by Country), 2020-2031
Table 10.30:    Japan: Unit Sold and Installed Base, 2020-2031
Table 10.31:    China: Unit Sold and Installed Base, 2020-2031
Table 10.32:    India: Unit Sold and Installed Base, 2020-2031
Table 10.33:    South Korea: Unit Sold and Installed Base, 2020-2031
Table 10.34:    Australia and New Zealand: Unit Sold and Installed Base, 2020-2031
Table 10.35:    Taiwan: Unit Sold and Installed Base, 2020-2031
Table 10.36:    Thailand: Unit Sold and Installed Base, 2020-2031
Table 10.37:    Malaysia: Unit Sold and Installed Base, 2020-2031
Table 10.38:    Singapore: Unit Sold and Installed Base, 2020-2031
Table 10.39:    Indonesia: Unit Sold and Installed Base, 2020-2031
Table 10.40:    Philippines: Unit Sold and Installed Base, 2020-2031
Table 10.41:    Latin America Surgical Robotics Market (by Country), $Million,  2020-2031
Table 10.42:    Latin America: Unit Sold (by Country), 2020-2031
Table 10.43:    Latin America: Installed Base (by Country), 2020-2031
Table 10.44:    Brazil: Unit Sold and Installed Base, 2020-2031
Table 10.45:    Mexico: Unit Sold and Installed Base, 2020-2031
Table 10.46:    Argentina: Unit Sold and Installed Base, 2020-2031
Table 10.47:    Chile: Unit Sold and Installed Base, 2020-2031
Table 10.48:    Venezuela: Unit Sold and Installed Base, 2020-2031
Table 10.49:    Colombia: Unit Sold and Installed Base, 2020-2031
Table 10.50:    Puerto Rico: Unit Sold and Installed Base, 2020-2031
Table 10.51:    Panama: Unit Sold and Installed Base, 2020-2031
Table 10.52:    Uruguay: Unit Sold and Installed Base, 2020-2031
Table 10.53:    Rest-of-the-World Surgical Robotics Market (by Country), $Million, 2020-2031
Table 10.54:    Rest-of-the-World: Unit Sold (by Country), 2020-2031
Table 10.55:    Rest-of-the-World: Installed Base (by Country), 2020-2031
Table 10.56:    KSA: Unit Sold and Installed Base, 2020-2031
Table 10.57:    Israel: Unit Sold and Installed Base, 2020-2031
Table 10.58:    Qatar: Unit Sold and Installed Base, 2020-2031
Table 10.59:    Pakistan: Unit Sold and Installed Base, 2020-2031
Table 10.60:    Kuwait: Unit Sold and Installed Base, 2020-2031
Table 10.61:    Egypt: Unit Sold and Installed Base, 2020-2031
Table 10.62:    Lebanon: Unit Sold and Installed Base, 2020-2031
Table 11.1:    Key Players: Snapshot
Table 11.2:    Key Strategies Implemented by Key Market Players (January 2017 – March 2020)
Table 11.3:    Asensus Surgical, Inc.: Net Revenue (U.S. and International), $Million, 2018-2020
Table 11.4:    Intuitive Surgical, Inc.: Unit Sold, Installed Base, and Procedure Volume, 2014-2020
Table 11.5:    Intuitive Surgical, Inc.: Net Revenue (U.S. and International), $Million, 2018-2020
Table 11.6:    Titan Medical Inc.: Overall Financials ($Million), 2018-2020

List of Figures

Figure 1:    Global Surgical Robotics Market, 2020-2031
Figure 2:    Dominating Segments of Global Surgical Robotics Market, 2020 and 2031
Figure 3:    Global Surgical Robotics Market (by Product Type), 2020, 2026, and 2031
Figure 4:    Global Surgical Robotics Market (by Application), 2020, 2026, and 2031
Figure 5:    Global Surgical Robotics Market (by End User), 2020, 2026, and 2031
Figure 6:    Global Surgical Robotics Market (by Region), 2020 and 2031
Figure 7:    Share of Key Developments and Strategies (by Category), January 2017 to March 2021
Figure 8:    Company Share Analysis, 2020
Figure 9:    Global Units Sold and Installed Base (by Region), 2020, 2026, and 2031
Figure 2.1:    Research Methodology
Figure 2.2:    Primary Research
Figure 2.3:    Secondary Research
Figure 2.4:    Data Triangulation
Figure 2.5:    Bottom-Up Approach
Figure 2.6:    Top-Down Approach
Figure 3.1:    Discovery of Surgical Robotic Technology
Figure 3.2:    Market Segmentation
Figure 3.3:    Global Surgical Robotics Market Scenario, 2020-2031
Figure 3.4:    Trend Analysis: da Vinci Robotic Surgery, 2012-2020
Figure 3.5:    Patent Portfolio: Intuitive Surgical, Inc., 2010-2020
Figure 3.6:    Advantages and Disadvantages: Robotic-Assisted Surgery, Open Surgery, and Conventional Laparoscopy Surgery
Figure 3.7:    Benefits of Robotic-Assisted Surgery from Patient’s Perspective
Figure 3.8:    U.S. Hysterectomy Market Share Trend Analysis, 2007-2015
Figure 3.9:    Comparison of Colon Resection (Open, Laparoscopy, and Robotic)
Figure 3.10:    Colon Resection Procedure-Related Cost Comparison
Figure 4.1:    Regulatory Process for Medical Devices in the U.S.
Figure 4.2:    MDR Transitional Provisions (EU)
Figure 4.3:    Timeline and Impact of MDR (EU)
Figure 4.4:    Regulatory Process for Medical Devices in European Union
Figure 4.5:    Regulatory Process for Medical Devices in the China
Figure 4.6:    Regulatory Process for Medical Devices in Japan
Figure 4.7:    Market Potential for Robotic Surgery Simulation Platforms, 2014-2024
Figure 4.8:    Telesurgery: Bridging the Gap Associated with Healthcare Accessibility
Figure 4.9:    Impact - Convergence of AI and Surgical Robotics
Figure 4.10:    Technological Evolution toward Autonomous Surgical Systems
Figure 4.11:    Shortfall of Surgical Specialists and Surgical Procedure Volume in In-Patient and Out-Patient Facilities (U.S.), 2018
Figure 4.12:    Benefits of Robotic-Assisted Surgical Procedure
Figure 4.13:    Minimally Invasive Surgeries – Pre-COVID-19 Scenario
Figure 4.14:    Number of Elective Surgical Procedures Cancelled due to COVID?19 (by Region)
Figure 5.1:    Share of Key Developments and Strategies (by Category), January 2017 to March 2021
Figure 5.2:    Share of Key Developments and Strategies (by Year), January 2017 – March 2021
Figure 5.3:    Share of Key Developments and Strategies (Regulatory and Legal), January 2017 – March 2021
Figure 5.4:    Funding Scenario, $Million, 2005-2021
Figure 5.5:    Share of Key Developments and Strategies (Partnerships, Alliances, and Business Expansion), January 2017 – March 2021
Figure 5.6:    Share of Key Developments and Strategies (Product Launches and Upgradations), January 2017 – March 2021
Figure 5.7:    Porter’s Five Forces Analysis
Figure 5.8:    Bargaining Power of Suppliers
Figure 5.9:    Bargaining Power of Buyers
Figure 5.10:    Threat of New Entrants
Figure 5.11:    Threat of Substitutes
Figure 5.12:    Intensity of Competitive Rivalry
Figure 5.13:    Value Chain Analysis
Figure 5.14:    Business Models: Intuitive Surgical, Inc.
Figure 5.15:    Business Models: Emerging Players
Figure 5.16:    Growth Share Analysis (by Company), 2021-2031
Figure 5.17:    Company Share Analysis, 2020
Figure 6.1:    Market Dynamics
Figure 6.2:    Iceberg Analysis
Figure 6.3:    Rapidly Increasing Patient Pool of Chronic Disorder (U.S.), 1995-2030
Figure 6.4:    Global Surgeries Volume, 2019 and 2030
Figure 6.5:    Average Selling Price: da Vinci Surgical Systems, $Million, 2008-2020
Figure 6.6:    Factors Contributing to Adverse Events in Robotics-Assisted Surgical Procedures
Figure 6.7:    Intuitive Surgical, Inc.: Installed Base and Revenue under Operating Lease Program, 2018-2020
Figure 7.1:    Market Segmentation: by Product Type
Figure 7.2:    Global Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 7.3:    Market Attractiveness Analysis (by Product Type), 2020-2031
Figure 7.4:    Benefits of Robotic-Assisted Surgeries from Patient’s Perspective
Figure 7.5:    Global Surgical Robotics Market (Surgical Systems), $Million, 2020-2031
Figure 7.6:    Global Surgical Robotics Market (Instruments and Accessories), $Million, 2020-2031
Figure 7.7:    Global Surgical Robotics Market (Services), $Million, 2020-2031
Figure 8.1:    Market Segmentation: by Application
Figure 8.2:    Market Attractiveness Analysis (by Application), 2020-2031
Figure 8.3:    Global Surgical Robotics Market (General Surgery), $Million, 2020-2031
Figure 8.4:    Global Surgical Robotics Market (Urology Surgery), $Million, 2020-2031
Figure 8.5:    Global Surgical Robotics Market (Gynecology Surgery), $Million, 2020-2031
Figure 8.6:    Global Surgical Robotics Market (Orthopedic Surgery), $Million, 2020-2031
Figure 8.7:    Global Surgical Robotics Market (Cardiology Surgery), $Million, 2020-2031
Figure 8.8:    Global Surgical Robotics Market (Head and Neck Surgery), $Million, 2020-2031
Figure 8.9:    Global Surgical Robotics Market (Other Surgeries), $Million, 2020-2031
Figure 9.1:    Market Segmentation: by End User
Figure 9.2:    Global Surgical Robotics Market (by End User), $Million, 2020-2031
Figure 9.3:    Market Attractiveness Analysis (by End User), 2020-2031
Figure 9.4:    Global Surgical Robotics Market (Hospitals), $Million, 2020-2031
Figure 9.5:    Global Surgical Robotics Market (Ambulatory Surgical Centers), $Million, 2020-2031
Figure 9.6:    Global Surgical Robotics Market (Other End User), $Million, 2020-2031
Figure 10.1:    Surgical Robotics Market Scenario (by Region), 2020 and 2031
Figure 10.2:    Global Surgical Robotics Market (by Region), 2020 and 2031
Figure 10.3:    Market Attractiveness Analysis (by Region), 2020-2031
Figure 10.4:    North America Surgical Robotics Market, $Million, 2020-2031
Figure 10.5:    North America: Market Dynamics
Figure 10.6:    U.S. Surgical Robotics Market, $Million, 2020-2031
Figure 10.7:    U.S. Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.8:    Canada Surgical Robotics Market, $Million, 2020-2031
Figure 10.9:    Canada Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.10:    Europe Surgical Robotics Market, $Million, 2020-2031
Figure 10.11:    Europe: Market Dynamics
Figure 10.12:    Germany Surgical Robotics Market, $Million, 2020-2031
Figure 10.13:    Germany Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.14:    France Surgical Robotics Market, $Million, 2020-2031
Figure 10.15:    France Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.16:    Italy Surgical Robotics Market, $Million, 2020-2031
Figure 10.17:    Italy Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.18:    U.K. Surgical Robotics Market, $Million, 2020-2031
Figure 10.19:    U.K. Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.20:    Spain Surgical Robotics Market, $Million, 2020-2031
Figure 10.21:    Spain Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.22:    Turkey Surgical Robotics Market, $Million, 2020-2031
Figure 10.23:    Turkey Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.24:    Russia Surgical Robotics Market, $Million, 2020-2031
Figure 10.25:    Russia Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.26:    Belgium Surgical Robotics Market, $Million, 2020-2031
Figure 10.27:    Belgium Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.28:    Switzerland Surgical Robotics Market, $Million, 2020-2031
Figure 10.29:    Switzerland Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.30:    Sweden Surgical Robotics Market, $Million, 2020-2031
Figure 10.31:    Sweden Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.32:    Netherlands Surgical Robotics Market, $Million, 2020-2031
Figure 10.33:    Netherlands Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.34:    Denmark Surgical Robotics Market, $Million, 2020-2031
Figure 10.35:    Denmark Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.36:    Norway Surgical Robotics Market, $Million, 2020-2031
Figure 10.37:    Norway Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.38:    Finland Surgical Robotics Market, $Million, 2020-2031
Figure 10.39:    Finland Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.40:    Austria Surgical Robotics Market, $Million, 2020-2031
Figure 10.41:    Austria Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.42:    Ireland Surgical Robotics Market, $Million, 2020-2031
Figure 10.43:    Ireland Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.44:    Rest-of-Europe Surgical Robotics Market, $Million, 2020-2031
Figure 10.45:    Rest-of-Europe Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.46:    Asia-Pacific Surgical Robotics Market, $Million, 2020-2031
Figure 10.47:    Asia-Pacific: Market Dynamics
Figure 10.48:    Asia-Pacific: Product Type, $Million, 2020-2031
Figure 10.49:    Japan Surgical Robotics Market, $Million, 2020-2031
Figure 10.50:    Japan Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.51:    China Surgical Robotics Market, $Million, 2020-2031
Figure 10.52:    China Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.53:    India Surgical Robotics Market, $Million, 2020-2031
Figure 10.54:    India Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.55:    South Korea Surgical Robotics Market, $Million, 2020-2031
Figure 10.56:    South Korea Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.57:    Australia and New Zealand Surgical Robotics Market, $Million, 2020-2031
Figure 10.58:    Australia and New Zealand Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.59:    Taiwan Surgical Robotics Market, $Million, 2020-2031
Figure 10.60:    Taiwan Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.61:    Thailand Surgical Robotics Market, $Million, 2020-2031
Figure 10.62:    Thailand Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.63:    Malaysia Surgical Robotics Market, $Million, 2020-2031
Figure 10.64:    Malaysia Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.65:    Singapore Surgical Robotics Market, $Million, 2020-2031
Figure 10.66:    Singapore Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.67:    Indonesia Surgical Robotics Market, $Million, 2020-2031
Figure 10.68:    Indonesia Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.69:    Philippines Surgical Robotics Market, $Million, 2020-2031
Figure 10.70:    Philippines Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.71:    Latin America Surgical Robotics Market, $Million, 2020-2031
Figure 10.72:    Latin America: Market Dynamics
Figure 10.73:    Brazil Surgical Robotics Market, $Million, 2020-2031
Figure 10.74:    Brazil Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.75:    Mexico Surgical Robotics Market, $Million, 2020-2031
Figure 10.76:    Mexico Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.77:    Argentina Surgical Robotics Market, $Million, 2020-2031
Figure 10.78:    Argentina Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.79:    Chile Surgical Robotics Market, $Million, 2020-2031
Figure 10.80:    Chile Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.81:    Venezuela Surgical Robotics Market, $Million, 2020-2031
Figure 10.82:    Venezuela Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.83:    Colombia Surgical Robotics Market, $Million, 2020-2031
Figure 10.84:    Colombia Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.85:    Puerto Rico Surgical Robotics Market, $Million, 2020-2031
Figure 10.86:    Puerto Rico Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.87:    Panama Surgical Robotics Market, $Million, 2020-2031
Figure 10.88:    Panama Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.89:    Uruguay Surgical Robotics Market, $Million, 2020-2031
Figure 10.90:    Uruguay Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.91:    Rest-of-the-World Surgical Robotics Market, $Million, 2020-2031
Figure 10.92:    Rest-of-the-World: Market Dynamics
Figure 10.93:    KSA Surgical Robotics Market, $Million, 2020-2031
Figure 10.94:    KSA Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.95:    Israel Surgical Robotics Market, $Million, 2020-2031
Figure 10.96:    Israel Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.97:    Qatar Surgical Robotics Market, $Million, 2020-2031
Figure 10.98:    Qatar Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.99:    Pakistan Surgical Robotics Market, $Million, 2020-2031
Figure 10.100:    Pakistan Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.101:    Kuwait Surgical Robotics Market, $Million, 2020-2031
Figure 10.102:    Kuwait Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.103:    Egypt Surgical Robotics Market, $Million, 2020-2031
Figure 10.104:    Egypt Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 10.105:    Lebanon Surgical Robotics Market, $Million, 2020-2031
Figure 10.106:    Lebanon Surgical Robotics Market (by Product Type), $Million, 2020-2031
Figure 11.1:    Total Number of Companies Profiled
Figure 11.2:    Asensus Surgical, Inc.: Overall Financials ($Million), 2018-2020
Figure 11.3:    Asensus Surgical, Inc.: Net Revenue (by Product Category), $Million, 2018-2020
Figure 11.4:    Asensus Surgical, Inc.: Net Revenue (by Region), $Million, 2018-2020
Figure 11.5:    Globus Medical, Inc.: Overall Financials ($Million), 2018-2020
Figure 11.6:    Globus Medical, Inc.: Net Revenue (by Product Category), $Million, 2018-2020
Figure 11.7:    Globus Medical, Inc.: Net Revenue (by Region), $Million, 2018-2020
Figure 11.8:    Intuitive Surgical, Inc.: Overall Financials ($Million), 2018-2020
Figure 11.9:    Intuitive Surgical, Inc.: Net Revenue (by Product Category), $Million, 2018-2020
Figure 11.10:    Intuitive Surgical, Inc.: Net Revenue (by Region), $Million, 2018-2020
Figure 11.11:    Johnson & Johnson: Overall Financials ($Million), 2018-2020
Figure 11.12:    Johnson & Johnson: Net Revenue (by Medical Device), $Million, 2018-2020
Figure 11.13:    Johnson & Johnson: Net Revenue (Medical Devices) (by Region), $Million, 2018-2020
Figure 11.14:    Medtronic plc: Overall Financials ($Million), 2018-2020
Figure 11.15:    Medtronic plc: Net Revenue (by Segment, $Million, 2018-2020
Figure 11.16:    Medtronic plc: Net Revenue (by Region), $Million, 2018-2020
Figure 11.17:    Revo Surgical System Timeline:
Figure 11.18:    Renishaw plc: Overall Financials ($Million), 2018-2020
Figure 11.19:    Renishaw plc: Net Revenue (by Segment), $Million, 2018-2020
Figure 11.20:    Renishaw plc: Net Revenue (by Region), $Million, 2018-2020
Figure 11.21:    Siemens Healthineers AG (Corindus Vascular Robotics, Inc.): Overall Financials ($Million), 2016-2018
Figure 11.22:    Siemens Healthineers AG (Corindus Vascular Robotics, Inc.): Net Revenue (by Product Category), $Million, 2016-2018
Figure 11.23:    Siemens Healthineers AG (Corindus Vascular Robotics, Inc.): Net Revenue (by Region), $Million, 2016-2018
Figure 11.24:    Smith & Nephew plc: Overall Financials ($Million), 2018-2020
Figure 11.25:    Smith & Nephew plc: Net Revenue (by Product Category), $Million, 2018-2020
Figure 11.26:    Smith & Nephew plc: Net Revenue (by Region), $Million, 2018-2020
Figure 11.27:    Stereotaxis, Inc.: Overall Financials ($Million), 2018-2020
Figure 11.28:    Stereotaxis, Inc.: Net Revenue (by Product Category), $Million, 2018-2020
Figure 11.29:    Stereotaxis, Inc.: Net Revenue (by Region), $Million, 2018-2020
Figure 11.30:    Stryker Corporation: Overall Financials ($Million), 2018-2020
Figure 11.31:    Stryker Corporation: Net Revenue (by Segment), $Million, 2018-2020
Figure 11.32:    Stryker Corporation: Net Revenue (by Region), $Million, 2018-2020
Figure 11.33:    Venus Concept, Inc. (Restoration Robotics, Inc.): Overall Financials ($Million),  2016-2018
Figure 11.34:    Venus Concept, Inc. (Restoration Robotics, Inc.): Net Revenue (by Product Category), $Million, 2016-2018
Figure 11.35:    Venus Concept, Inc. (Restoration Robotics, Inc.): Net Revenue (by Region), $Million, 2016-2018
Figure 11.36:    Zimmer Biomet Holdings, Inc.: Overall Financials ($Million), 2018-2020
Figure 11.37:    Zimmer Biomet Holdings, Inc.: Net Revenue (by Product Category), $Million,  2018-2020
Figure 11.38:    Zimmer Biomet Holdings, Inc.: Net Revenue (by Region), $Million, 2018-2020

FAQ's

What is growth rate of the global surgical robotics market?

The global surgical robotics market is projected to grow at CAGR of 10.2% during 2021-2031 and reach a market value of $16.77 billion by 2031.

What are the key market drivers in the global surgical robotics market?

The business drivers that affect the adoption of surgical robotics market include the rising incidence of chronic disorders, elevating geriatric population changing the adoption pattern for MIS procedures, and technological advancements in the field of medical surgeries. 

Are there any market restraints associated with the surgical robotics market?

High cost of surgical robotic systems and their associated procedures, shortage of skilled professionals, and restrictive reimbursement landscape, pose challenge to the rising adoption of surgical robotics worldwide. 

Which company occupies the largest market share in the surgical robotics industry?

Intuitive Surgical Inc. dominates the global surgical robotics market with an overall share of 79.82% in 2020 and is expected to retain its dominance during the period 2021-2031. 

Who are the leading players operating in the global surgical robotics market?

Key companies involved in the global surgical robotics industry include Intuitive Surgical Inc., Medtronic PLC, Renishaw PLC, CMR Surgical Ltd., Stryker Corporation, Smith & Nephew PLC, Zimmer Biomet Holdings, Titan Medical Inc., and Medrobotics Corporation, among others. 

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Global Surgical Robotics Market

Focus on Vendor Analysis, Key Enabling Technologies, Emerging Platforms in Pipeline, 26 Company Profiles, and 45 Countries Data & Cross Segmentation - Analysis and Forecast, 2021-2031