PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625475
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625475
The surgical robot market size is expected to reach USD 55.62 billion by 2034, according to a new study by Polaris Market Research. The report "Surgical Robot Market Share, Size, Trends, Industry Analysis Report: By Product Type, Application, End-User (Hospitals and Ambulatory Surgery Centers), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The surgical robot market growth is driven by increased in demand for minimally invasive surgeries worldwide. The rising demand for minimally invasive surgeries due to their benefits, such as smaller incisions, reduced trauma, shorter recovery times, and fewer complications, is reshaping the surgical landscape. For instance, according to the American Society of Plastic Surgeons, the number of minimally invasive cosmetic surgeries surged from 8 million before 2019 to 23 million in 2022, a 188% increase over four years. This change in patient preference is driving healthcare providers to adopt advanced robotic systems to meet the growing demand and provide improved care. These procedures are favored for their ability to minimize pain and accelerate recovery, leading to improved overall outcomes and a faster return to daily activities. As awareness of these advantages continues to spread, the adoption of advanced technologies in minimally invasive surgery is expected to rise, aligning with the increasing focus on optimizing patient care and outcomes.
The surgical robot market is anticipated to grow due to the increasing number of complex surgeries worldwide, particularly due to chronic diseases and an aging population. For instance, according to the World Health Organization, a rise in inpatient surgical procedures in Europe from 5 million in 2009 to 15 million in 2020 was recorded. India performs around 32 million surgeries annually, while Saskatchewan saw a record 96,000 surgeries during 2023-2024. This surge in surgical activity is expected to boost demand for advanced surgical robots.
Hospitals are the major consumers of surgical robotic systems due to the availability of resources and skilled workforce. Hospitals are generally backed by large capital investments, which allows them to procure advanced machinery and a skilled workforce to operate it. A large number of patients suffering from chronic disorders and injuries choose hospitals for their treatment as hospitals offer holistic treatment and post-surgery trauma care.
The general surgery segment is anticipated to experience substantial growth with a significant CAGR during the forecast period. This growth is attributed to increased surgeries due to chronic disease and injuries.
The hospital segment accounted for the largest revenue share of the market in 2024 due to the availability of resources and skilled workforce to carry out complex surgeries.
In 2024, North America dominated the surgical robot market due to the increasing number of hospitals and the presence of major players.
The surgical robot market in India is projected for substantial growth due to the increasing funding and foreign direct investment inflow.
The global key market players are Smith & Nephew; Medrobotics Corporation; TransEnterix Surgical, Inc.; Intuitive Surgical; Renishaw plc; Medtronic plc; Stryker Corporation; Zimmer Biomet Holdings, Inc.; THINK Surgical, Inc.; and Boston Scientific.
Polaris Market Research has segmented the surgical robot market report based on product type, application, end-user, and region:
Table 1 Global Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 2 Global Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 3 Global Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 4 North America: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 5 North America: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 6 North America: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 7 U.S.: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 8 U.S.: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 9 U.S.: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 10 Canada: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 11 Canada: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 12 Canada: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 13 Europe: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 14 Europe: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 15 Europe: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 16 UK: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 17 UK: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 18 UK: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 19 France: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 20 France: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 21 France: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 22 Germany: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 23 Germany: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 24 Germany: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 25 Italy: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 26 Italy: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 27 Italy: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 28 Spain: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 29 Spain: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 30 Spain: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 31 Netherlands: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 32 Netherlands: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 33 Netherlands: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 34 Russia: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 35 Russia: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 36 Russia: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 37 Rest of Europe: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 38 Rest of Europe: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 39 Rest of Europe: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 40 Asia Pacific: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 41 Asia Pacific: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 42 Asia Pacific: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 43 China: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 44 China: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 45 China: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 46 India: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 47 India: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 48 India: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 49 Malaysia: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 50 Malaysia: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 51 Malaysia: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 52 Japan: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 53 Japan: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 54 Japan: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 55 Indonesia: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 56 Indonesia: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 57 Indonesia: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 58 South Korea: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 59 South Korea: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 60 South Korea: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 61 Australia: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 62 Australia: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 63 Australia: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 64 Rest of Asia Pacific: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 65 Rest of Asia Pacific: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 66 Rest of Asia Pacific: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 67 Middle East & Africa: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 68 Middle East & Africa: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 69 Middle East & Africa: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 70 Saudi Arabia: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 71 Saudi Arabia: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 72 Saudi Arabia: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 73 UAE: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 74 UAE: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 75 UAE: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 76 Israel: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 77 Israel: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 78 Israel: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 79 South Africa: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 80 South Africa: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 81 South Africa: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 82 Rest of Middle East & Africa: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 83 Rest of Middle East & Africa: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 84 Rest of Middle East & Africa: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 85 Latin America: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 86 Latin America: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 87 Latin America: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 88 Mexico: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 89 Mexico: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 90 Mexico: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 91 Brazil: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 92 Brazil: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 93 Brazil: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 94 Argentina: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 95 Argentina: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 96 Argentina: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
Table 97 Rest of Latin America: Surgical Robot Market, by Product Type, 2020- 2034 (USD Billion)
Table 98 Rest of Latin America: Surgical Robot Market, by Application, 2020- 2034 (USD Billion)
Table 99 Rest of Latin America: Surgical Robot Market, by End User, 2020- 2034 (USD Billion)
List of Figures:
Figure 1. Global Surgical Robot Market, 2020- 2034 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Product Type
Figure 7. Global Surgical Robot Market, by Product Type, 2024 & 2034 (USD Billion)
Figure 8. Market by Application
Figure 9. Global Surgical Robot Market, by Application, 2024 & 2034 (USD Billion)
Figure 10. Market by End User
Figure 11. Global Surgical Robot Market, by End User, 2024 & 2034 (USD Billion)