Market Overview:
The global surgical-support robot market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, technological advancements in surgical robots, and rising healthcare expenditure. Based on type, the global surgical-support robot market can be segmented into robotic surgery for spine, robotic radiosurgery for tumors, robotic surgery for gallbladder removals, and others. Robotic surgery is increasingly being used for complex procedures such as spine surgeries owing to its precision and accuracy. The use of robotics in radiosurgery helps reduce radiation exposure to patients and surrounding healthy tissues. Based on application, the global surgical-support robot market can be segmented into general surgery, urology Surgery,, orthopedic surgery,, neurosurgery,, cardiovascular surgery,, gynecology Surgery,, radiology Surgery,, transplant Surgery,.and gastro-intestinal (GI) surgery. General surgeries are performed more commonly than other types of surgeries and account for a major share of the total number of surgeries performed annually across the globe.
Product Definition:
A surgical-support robot is a type of robot that is used in surgery to assist the surgeon in performing the surgery. The surgical-support robot typically consists of a number of arms that are equipped with various tools, such as scalpels and clamps, that allow the surgeon to perform the surgery. The surgical-support robot is important because it allows the surgeon to have greater precision and control over the surgery, which can lead to better outcomes for the patient.
Robotic Surgery for the Spine:
Robotic surgery for the spine is used to treat spinal disorders such as degenerative disc disease, spinal stenosis, and other back-related problems. The robotic system helps in performing minimally invasive surgeries which are less traumatic and enable faster recovery than traditional methods.
Robotic Radiosurgery for Tumors:
Robotic radiosurgery for tumors is used in surgical-support robots to perform radiotherapy. The robotic system consists of a computer, monitor, tumor target area and radiation source. Surgical-Support Robot (SSR) uses image guidance from the surgeon's console to locate the tumor and then delivers ionizing radiation through high accuracy collimated beams with conformal dose distribution as per requirement.
Application Insights:
The general surgery segment dominated the global surgical-support robot market in terms of revenue share in 2017. This is attributed to a growing number of general surgeries being performed using robotic systems. According to the American Society of Plastic Surgeons (ASPS), as many as 1 out of 5 women and 1 out of 10 men will get some form of breast implantation during their lifetime. Thus, increasing the number procedures involving cosmetic surgeries, along with rising demand for minimally invasive cosmetic procedures, are expected to drive demand for surgical robots during this period.
Urology is anticipated to be one among the fastest-growing application segments over the forecast period owing to an increase in urological conditions that require open surgery or require immediate medical attention and thus need robotic surgeons¢â‚¬â„¢ help.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government initiatives, rising awareness about robotic surgeries, and availability of skilled surgeons in this region. For instance, as per a recent study published by National Cancer Institute (NCI), from 2013 to 2016, robot-assisted surgery was performed on 1% of all patients diagnosed with cancerous liver tumors in the U.S.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as growing medical tourism industry and improving healthcare infrastructure especially in developing countries such as India and China.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical robot market is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less traumatic and result in shorter hospital stays.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of over 7% during the forecast period. This will lead to an increase in the number of surgical procedures performed on elderly patients, thereby driving the growth of the surgical robot market.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, and diabetes is rising rapidly due to changing lifestyles and aging populations. This is leading to an increase in the number of surgical procedures performed annually, thereby propelling the growth ofthe surgical robot market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical-Support Robot Market Research Report
By Type
Robotic Surgery for the Spine, Robotic Radiosurgery for Tumors, Robotic Surgery for Gallbladder Removals, Others
By Application
General Surgery, Urology, Orthopedic, Neurosurgery, Cardiovascular, Gynecology, Radiology, Transplant, Gastro-Intestinal
By Companies
Intuitive Surgical, Hansen Medical, Medrobotics, Verb Surgical, Microbot Medical, Titan Medical, Cyberknife System, Intuitive, DENSO, Mazor Robotics, Stryker
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Surgical-Support Robot Market Report Segments:
The global Surgical-Support Robot market is segmented on the basis of:
Types
Robotic Surgery for the Spine, Robotic Radiosurgery for Tumors, Robotic Surgery for Gallbladder Removals, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Surgery, Urology, Orthopedic, Neurosurgery, Cardiovascular, Gynecology, Radiology, Transplant, Gastro-Intestinal
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intuitive Surgical
- Hansen Medical
- Medrobotics
- Verb Surgical
- Microbot Medical
- Titan Medical
- Cyberknife System
- Intuitive
- DENSO
- Mazor Robotics
- Stryker
Highlights of The Surgical-Support Robot Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Robotic Surgery for the Spine
- Robotic Radiosurgery for Tumors
- Robotic Surgery for Gallbladder Removals
- Others
- By Application:
- General Surgery
- Urology
- Orthopedic
- Neurosurgery
- Cardiovascular
- Gynecology
- Radiology
- Transplant
- Gastro-Intestinal
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Surgical-Support Robot Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A surgical-support robot is a robotic device that assists surgeons during surgery. It typically includes a camera and sensors to help the surgeon see what they are doing, and a manipulator arm with tools to assist in surgery.
Some of the key players operating in the surgical-support robot market are Intuitive Surgical, Hansen Medical, Medrobotics, Verb Surgical, Microbot Medical, Titan Medical, Cyberknife System, Intuitive, DENSO, Mazor Robotics, Stryker.
The surgical-support robot market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Surgical-Support Robot Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Surgical-Support Robot Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surgical-Support Robot Market - Supply Chain
4.5. Global Surgical-Support Robot Market Forecast
4.5.1. Surgical-Support Robot Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surgical-Support Robot Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surgical-Support Robot Market Absolute $ Opportunity
5. Global Surgical-Support Robot Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Surgical-Support Robot Market Size and Volume Forecast by Type
5.3.1. Robotic Surgery for the Spine
5.3.2. Robotic Radiosurgery for Tumors
5.3.3. Robotic Surgery for Gallbladder Removals
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surgical-Support Robot Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Surgical-Support Robot Market Size and Volume Forecast by Application
6.3.1. General Surgery
6.3.2. Urology
6.3.3. Orthopedic
6.3.4. Neurosurgery
6.3.5. Cardiovascular
6.3.6. Gynecology
6.3.7. Radiology
6.3.8. Transplant
6.3.9. Gastro-Intestinal
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surgical-Support Robot Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Surgical-Support Robot Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Surgical-Support Robot Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Surgical-Support Robot Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Surgical-Support Robot Demand Share Forecast, 2019-2026
9. North America Surgical-Support Robot Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Surgical-Support Robot Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Surgical-Support Robot Market Size and Volume Forecast by Application
9.4.1. General Surgery
9.4.2. Urology
9.4.3. Orthopedic
9.4.4. Neurosurgery
9.4.5. Cardiovascular
9.4.6. Gynecology
9.4.7. Radiology
9.4.8. Transplant
9.4.9. Gastro-Intestinal
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Surgical-Support Robot Market Size and Volume Forecast by Type
9.7.1. Robotic Surgery for the Spine
9.7.2. Robotic Radiosurgery for Tumors
9.7.3. Robotic Surgery for Gallbladder Removals
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Surgical-Support Robot Demand Share Forecast, 2019-2026
10. Latin America Surgical-Support Robot Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Surgical-Support Robot Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Surgical-Support Robot Market Size and Volume Forecast by Application
10.4.1. General Surgery
10.4.2. Urology
10.4.3. Orthopedic
10.4.4. Neurosurgery
10.4.5. Cardiovascular
10.4.6. Gynecology
10.4.7. Radiology
10.4.8. Transplant
10.4.9. Gastro-Intestinal
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Surgical-Support Robot Market Size and Volume Forecast by Type
10.7.1. Robotic Surgery for the Spine
10.7.2. Robotic Radiosurgery for Tumors
10.7.3. Robotic Surgery for Gallbladder Removals
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Surgical-Support Robot Demand Share Forecast, 2019-2026
11. Europe Surgical-Support Robot Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Surgical-Support Robot Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Surgical-Support Robot Market Size and Volume Forecast by Application
11.4.1. General Surgery
11.4.2. Urology
11.4.3. Orthopedic
11.4.4. Neurosurgery
11.4.5. Cardiovascular
11.4.6. Gynecology
11.4.7. Radiology
11.4.8. Transplant
11.4.9. Gastro-Intestinal
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Surgical-Support Robot Market Size and Volume Forecast by Tye
11.7.1. Robotic Surgery for the Spine
11.7.2. Robotic Radiosurgery for Tumors
11.7.3. Robotic Surgery for Gallbladder Removals
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Surgical-Support Robot Demand Share, 2019-2026
12. Asia Pacific Surgical-Support Robot Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Surgical-Support Robot Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Surgical-Support Robot Market Size and Volume Forecast by Application
12.4.1. General Surgery
12.4.2. Urology
12.4.3. Orthopedic
12.4.4. Neurosurgery
12.4.5. Cardiovascular
12.4.6. Gynecology
12.4.7. Radiology
12.4.8. Transplant
12.4.9. Gastro-Intestinal
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Surgical-Support Robot Market Size and Volume Forecast by Type
12.7.1. Robotic Surgery for the Spine
12.7.2. Robotic Radiosurgery for Tumors
12.7.3. Robotic Surgery for Gallbladder Removals
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Surgical-Support Robot Demand Share, 2019-2026
13. Middle East & Africa Surgical-Support Robot Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Surgical-Support Robot Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Surgical-Support Robot Market Size and Volume Forecast by Application
13.4.1. General Surgery
13.4.2. Urology
13.4.3. Orthopedic
13.4.4. Neurosurgery
13.4.5. Cardiovascular
13.4.6. Gynecology
13.4.7. Radiology
13.4.8. Transplant
13.4.9. Gastro-Intestinal
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Surgical-Support Robot Market Size and Volume Forecast by Type
13.7.1. Robotic Surgery for the Spine
13.7.2. Robotic Radiosurgery for Tumors
13.7.3. Robotic Surgery for Gallbladder Removals
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Surgical-Support Robot Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surgical-Support Robot Market: Market Share Analysis
14.2. Surgical-Support Robot Distributors and Customers
14.3. Surgical-Support Robot Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Intuitive Surgical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hansen Medical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medrobotics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Verb Surgical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Microbot Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Titan Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cyberknife System
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Intuitive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DENSO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mazor Robotics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Stryker
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4