The global surgical robot accessories market was valued at USD 4.76 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.0% from 2024 to 2030. The market encompasses a range of supplementary components and devices vital for effectively functioning surgical robots during medical procedures. These accessories enhance precision, improve visualization, and facilitate seamless surgical operations. Key accessories include end-effectors, robotic arms, wristed instruments, surgical cameras, control consoles, and various specialized tools.
Surgical robots play a crucial role in enabling and enhancing these procedures by providing surgeons with precise control, improved visualization, and enhanced dexterity during the operation. As preference for minimally invasive surgeries continues to rise due to these benefits, demand for surgical robots and their accessories, which are integral to these advanced surgical techniques, is consequently increasing. Surgeons and healthcare facilities are investing in high-quality accessories to ensure optimal performance and outcomes in minimally invasive surgical procedures, contributing to the growth of the market.
Moreover, some of the factors contributing to the growth of the market include rising awareness regarding the benefits of robotic surgeries over traditional surgeries and increasing adoption of surgical robots by the healthcare community. According to the report published by the Annals of Medicine and Surgery, adoption of robotic surgery is experiencing rapid growth across various medical specialties, with an approximate annual increase of 15%. Globally, in 2020, total volume of robotic surgeries reached 1.24 million, and a significant portion, 70.6%, took place in U.S. Each year, over 900 new robotic platforms are being installed worldwide. As more robotic platforms are installed every year and various medical specialties are embracing this technology, there is an expanding need for specialized and compatible accessories to enhance the accuracy and efficiency of robotic surgical procedures. Furthermore, the adoption of surgical robots post-2020 is anticipated to increase because, with a decrease in human interaction, the patient can observe a significant reduction in hospital-acquired infections. The initiation of elective procedures in the hospitals and other healthcare facilities post-pandemic is moving towards the normalization of the installations of surgical robots in these facilities. For instance, major players, such as Intuitive and Stryker, have restored their number of installations of surgical systems in the first half of 2021 that were hampered due to the pandemic situation. Moreover, patient preference toward robotic surgeries is increasing at a higher pace, and hence these factors prove to be crucial opportunities for the market in upcoming years.
Continuous technological advancements and innovations in surgical robotics drive evolution of surgical robot accessories, catering to diverse needs of surgeons and expanding potential of minimally invasive procedures. Increasing adoption of robotic-assisted surgeries across different medical specialties, ongoing technological advancements in surgical robots, rising preference for minimally invasive procedures, and rising global burden of diseases necessitate efficient and precise surgical solutions are some of the key factors driving the market growth. Furthermore, increasing demand for minimally invasive surgeries is a significant driver propelling growth of the market. Minimally invasive procedures offer several advantages, including smaller incisions, reduced blood loss, faster recovery times, and lower post-operative complications.
Increasing government initiatives and funding dedicated to advancing and adopting surgical robots are playing a pivotal role in driving growth of the market. Governments worldwide recognize potential of robotic surgery in enhancing healthcare outcomes and are actively investing in research, development, and deployment of robotic surgical systems. In April 2022, a Robotic Surgical Program was announced in Saskatchewan, Canada, with robotic system's acquisition cost estimated at approximately USD 2.5 million. The Ministry of Health had pledged to contribute up to USD 1 million to fund the purchase and cover initial annual operational expenses, estimated at USD 160,000 for first year and projected to increase to nearly USD 800,000 by fifth year once the system was fully implemented. St. Paul’s Hospital Foundation committed to raising over USD 1.5 million for robotic system to support this initiative. Furthermore, a Canadian philanthropist and businessman also made a notable contribution, generously donating USD 1 million and offering up to an additional USD 100,000 as a matched gift.
In 2023, the others category held the largest market share by application, while orthopedics ranked as the second-largest segment with a market share of 19.0%. The growth of the orthopedics segment in the surgical robot accessories market can be attributed to increasing demand for robotic-assisted procedures in orthopedic surgeries, driven by advancements in surgical robotics technology, improved precision, and the rising adoption of minimally invasive techniques for orthopedic interventions. Moreover, the increasing adoption of minimally invasive techniques in orthopedic procedures is a key factor contributing to the rising preference for surgical robots and their accessories within the orthopedics domain. These factors emphasize the growing trend towards leveraging innovative technologies to improve surgical outcomes, reduce invasiveness, and enhance overall patient care in orthopedic surgery.
Neurology segment is expected to grow fastest over the forecast period, with a CAGR of 22.7% over the forecast period from 2024 to 2030. Advanced surgical robot technologies have significantly expanded their applications in intricate neurosurgical procedures, allowing for precise and minimally invasive interventions within the brain. This is especially crucial given surge in neurological disorders, including brain tumors, epilepsy, and Parkinson's disease, driving demand for highly precise surgical interventions.
The inpatient facilities dominated end-use segment, with largest revenue share of 53.21% in 2023. Inpatient facilities such as hospitals have comprehensive infrastructure and resources to effectively integrate and utilize surgical robots. They often have dedicated surgical teams trained to operate these robotic systems, making them a primary choice for conducting surgical procedures with robotic assistance. Moreover, hospitals cater to various surgeries across various specialties, providing ample opportunities for utilizing surgical robots in diverse surgical interventions, thereby driving growth of the surgical robot accessories market.
The outpatient segment is expected to witness the fastest CAGR of 14.2% over the forecast period. Outpatient facilities are witnessing fastest growth in surgical robot accessories market due to a shifting paradigm toward minimally invasive procedures and a surge in ambulatory surgical centers (ASCs). Outpatient facilities, including ASCs and specialized surgical centers, increasingly adopt robots to facilitate minimally invasive surgeries. Patients prefer outpatient settings for minor surgeries or procedures that do not require an overnight stay. Surgical robots allow for precise and less invasive procedures, aligning well with outpatient model, where quicker recovery and reduced hospitalization time are highly valued. This trend toward outpatient care is further accelerated by advancements in surgical robot technologies, making them more adaptable, cost-effective, and suitable for outpatient surgical settings. Consequently, the outpatient segment is rapidly using surgical robots and associated accessories.
North America dominated the market and contributed the highest revenue share of 49.85% in 2023. The region has been at forefront of technological advancements and medical device innovations, including surgical robots. Strong support from government bodies, robust healthcare infrastructure, a high level of awareness about advanced medical technologies, and a significant presence of key market players contribute to North America's leadership in this market. Moreover, well-established reimbursement policies and favorable funding for healthcare research and development initiatives fuel the adoption of surgical robots and their accessories.
Asia Pacific region is anticipated to grow at a lucrative rate of 18.6% over the forecast period, owing to growing patient population and increasing adoption of advanced automated surgical instruments. Asia Pacific is emerging as a rapidly growing market for surgical robot accessories. Moreover, improving healthcare infrastructure, expanding healthcare expenditure, and growing awareness about the benefits of surgical robots propel the adoption of surgical robot accessories in Asia. Additionally, supportive government initiatives, collaborations between healthcare institutions and technology providers, and a shift towards advanced medical technologies contribute to significant growth potential of the surgical robot accessories market in Asia Pacific.
The competitive landscape in the surgical robot accessories market is characterized by intense competition among key players striving to gain a substantial market share. These players are actively engaged in product development, strategic collaborations, mergers and acquisitions, and geographical expansions to strengthen their foothold in the market. These companies also focus on technological development and introducing advanced and next-generation robotic instruments to hold their strong position in the global market.
Moreover, these companies focus on innovative product offerings, enhancing their distribution networks, and securing regulatory approvals to broaden their customer base. Additionally, partnerships with hospitals, academic institutions, and research organizations are key strategies to drive research and development efforts, ultimately leading to introduction of advanced surgical robot accessories that meet evolving needs of the healthcare industry.
Market size value in 2024
USD 5.46 billion
Revenue forecast in 2030
USD 11.99 billion
CAGR of 14.0% from 2024 to 2030
Base year for estimation
2018 - 2022
2024 - 2030
Revenue in USD million/billion, and CAGR from 2024 to 2030
Revenue & Volume forecast, company ranking, competitive landscape, growth factors, and trends
Application, end-use, region
North America, Europe, Asia Pacific, South America, MEA
U.S.; Canada; UK; Germany; Spain; France; Italy; Denmark; Sweden; Norway; China; Japan; India; Australia; South Korea; Thailand; Brazil; Argentina; Mexico; South Africa; Saudi Arabia; UAE; Kuwait
Key companies profiled
Smith & Nephew; Medrobotics; TransEnterix Surgical, Inc.; Intuitive Surgical; Renishaw plc; Medtronic; Stryker Corporation; Zimmer Biomet and THINK Surgical, Inc.
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This report forecasts global, regional, and country revenue growth and analyzes the latest industry trends in each sub-segment from 2018 to 2030. For the purpose of this study, Grand View Research, Inc. has segmented the global surgical robot accessories market report on the basis of application, end use, and region.
Application Outlook (Revenue, USD Million, 2018 - 2030)
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Regional Outlook (USD Million, 2018 - 2030)
Middle East Africa
b. The global surgical robot accessories market size was estimated at USD 4.76 billion in 2023 and is expected to reach USD 5.46 billion in 2024.
b. The global surgical robot accessories market is expected to grow at a compound annual growth rate of 14.0% from 2024 to 2030 to reach USD 11.99 billion by 2030.
b. North America dominated the surgical robot accessories market with a share of 49.9% in 2023. The region has been at forefront of technological advancements and medical device innovations, including surgical robots.
b. Some key players operating in the surgical robot accessories market include Smith & Nephew; Medrobotics; TransEnterix Surgical, Inc.; Intuitive Surgical; Renishaw plc; Medtronic; Stryker Corporation; Zimmer Biomet and THINK Surgical, Inc.
b. The surgical robot accessories market encompasses a range of supplementary components and devices vital for effectively functioning surgical robots during medical procedures. These accessories enhance precision, improve visualization, and facilitate seamless surgical operations
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