GVR Report cover Surgical Robotic Services Market Size, Share & Trends Report

Surgical Robotic Services Market Size, Share & Trends Analysis Report By Application (Orthopedics, Neurology, Urology, Gynecology, Others), By End-Use (Inpatient, Outpatient), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-4-68040-158-5
  • Number of Pages: 120
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2022
  • Industry: Healthcare

Surgical Robotic Market Size & Trends  

The global surgical robotic services market was valued at USD 1.53 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2030. Increasing adoption of robotic technology in surgical procedures, rising need for specialized surgical skills, growing demand for remote monitoring and telesurgery services, and increasing demand for cost-effective service models are some of the major factors driving the growth of the market. Moreover, a shorter learning curve and training needs, increasing investment & funding from the government across the globe are further propelling the market growth. However, the high initial setup costs and maintenance expenses pose challenges to market growth, specifically for smaller healthcare organizations. Overcoming these challenges and ensuring cost-effectiveness will be crucial in further advancing the adoption of surgical robots and their associated services.

U.S. Surgical Robotic Services Market size and growth rate, 2024 - 2030

End-use Insights

The inpatient facilities dominated the end-use segment, with the largest revenue share in 2023. Inpatient facilities, such as hospitals, usually have superior infrastructure and abundant resources, enabling seamless integration and effective utilization of surgical robots. These medical facilities often hire specialized surgical teams extensively trained in operating robotic systems, establishing them as a preferred choice for performing surgeries using robotic assistance. Moreover, hospitals invest in dedicated training sessions for their staff, leveraging their funding and resources.

Global Surgical Robotic Services Market share and size, 2023

The outpatient facilities segment is expected record the fastest growth rate over the forecast witness. Outpatient facilities are progressively adopting surgical robots due to advancements in minimally invasive procedures, aligning with the trend of less invasive surgeries performed outside traditional hospital settings. Moreover, technological advancements are making surgical robots more compact, portable, and versatile, making them suitable for outpatient settings. In addition, outpatient facilities are increasingly investing in advanced medical technologies to offer comprehensive healthcare services, thus contributing to the rapid growth of surgical robotic services in this sector.

Market Dynamics

A Japanese study published in 2016 emphasized a critical issue regarding the maintenance and cleaning of robotic instruments used in surgical procedures. The research highlighted that the current generation of surgical robots, which have advanced functionalities, encounters significant challenges when it comes to thorough cleaning and disinfection to eliminate potentially infectious residues. These robots have difficult internal areas that are challenging to access for cleaning and sterilization. This complication often leads to protein residues remaining within these inaccessible spaces, raising concerns about post-operative infections.

The study also highlights the hygienic disparity between robotic and conventional manual instruments, with the manual instrument indicating notably greater cleaning efficiency of 99.1% as compared with 97.6% for robotic instruments. To ensure patient safety and reduce the risk of infection associated with these advanced medical technologies, surgical robots must receive functional cleaning and maintenance services, such as employing sterilization routines and modular cleaning approaches for various surgical robots. This, in turn, is increasing the demand for surgical robotic services, thereby driving market growth.

Moreover, as per the report published by the Royal College of Surgeons Edinburgh on the Development of New Robotic Surgical Services, every member of the robotic surgical team should undergo a comprehensive training program to gain a complete understanding of the essential operations of the specific robotic systems. This training involves a series of self-guided online modules provided by the robotic system vendor and other relevant organizations in robotic surgical training, such as the Robotic Training Network. These online modules comprehensively cover essential aspects of the robotic system, encompassing setup procedures specific to the intended robotic system, which includes patient preparation and configuring the operating room. Surgeons are required to complete all fundamental modules, focusing on psychomotor skills crucial for robotic-assisted surgery. For the remaining members of the surgical team, their training modules should encompass a basic understanding of the robotic system, as well as content related to robotic team training and effective communication skills. The goal of this training phase is to ensure that robotic surgical teams are proficient in the fundamental operations of the robotic system while surgeons possess the theoretical knowledge essential for successful robotic-assisted surgeries. This, in turn, is expected to increase the demand for training services related to surgical robots, thereby driving the market growth.

 

Surgical Robots Market

Surgical Robots Accessories Market

Surgical Robotic Services Market

The surgical robots market specifically involves the production, development, and sale of robotic systems used for surgical procedures. This includes physical robotic solutions and related software. Companies in this market design, produce, and distribute surgical robots that are utilized by healthcare facilities, surgical centers, and hospitals. These robots aid surgeons during surgeries, offering enhanced precision, dexterity, and minimally invasive capabilities.

The surgical robot accessories market encompasses a range of supplementary components and devices essential for effectively functioning surgical robots during medical procedures. These accessories include end-effectors, robotic arms, wristed instruments, surgical cameras, control consoles, and various specialized tools.

The surgical robotic services market includes a wider range of offerings that complement surgical robots. It majorly focuses on services related to the operation, maintenance, repair, training, and upgrades of surgical robots. These Service providers offer installation and setup services, repairs & maintenance of the product, educating surgeons and healthcare staff on how to use robotic systems efficiently, and software upgrades to enhance performance and features. In addition, this market also encompasses consulting services related to improving the use of surgical robots within a healthcare setting, workflow integration, and operational efficiency assessments.

 

Regional Insights

North America dominated the market with the largest revenue share of 49.9% in 2023. The region has a strong healthcare infrastructure with well-established hospitals and surgical centers that are early adopters of advanced medical technologies. North America is home to major players and innovators in the field of surgical robotics, leading to a high level of research, development, and adoption within the region. Moreover, there is significant support from both government and private sector investments in healthcare technologies, encouraging the adoption of surgical robots. Additionally, encouraging reimbursement policies and a strong focus on improving healthcare outcomes contribute to the extensive integration of surgical robots, thus increasing the demand for its maintenance and training services, thereby driving surgical robotic services market growth in North America.

Surgical Robotic Services Market Trends, by Region, 2024 - 2030

Asia Pacific is expected to witness the fastest CAGR over the forecast period. The substantial population base in key Asian nations like China, India, and Japan encounters challenges in efficiently managing hospital patients due to a shortage of skilled healthcare staff. This creates a need for automated and efficient surgical robots. For instance, In August 2023, Intuitive Surgical, a medical equipment company known for its da Vinci robotic surgical system, observed a rise in post-Covid demand from hospitals in India as these hospitals are actively adopting robotics. The company also stated that the increased demand for robotic-assisted surgical systems extended beyond major hospital chains in metropolitan and tier-1 cities, involving standalone hospitals and those situated in smaller cities as well, thus driving the growth of the surgical robotic services market in these regions.

Application Insights

By application, others segment dominated the global market in 2023 with a revenue share of over 44.8%. This includes the field of general surgery, which involves a wide range of procedures, and surgical robots are increasingly being used to assist in surgeries related to the gastrointestinal tract, liver, pancreas, and other abdominal areas. The precision offered by surgical robots makes them highly effective in performing complex general surgical procedures. Additionally, surgical robots are being explored and utilized in various other specialties, such as cardiothoracic surgery, otorhinolaryngology (ENT), and ophthalmology, showcasing their flexibility and potential to impact a wide spectrum of medical procedures and specialties.

The orthopedics segment witnessed a significant share of the surgical robots services market. Orthopedic procedures often require a high level of accuracy, which surgical robots can provide. These robots can assist surgeons in achieving precise movements and optimal implant placements, from joint replacements to spinal surgeries. Moreover, the aging population and the rise in orthopedic disorders like osteoarthritis have led to an increased demand for orthopedic surgeries, driving the adoption of surgical robots thus increasing the demand for surgical robotic services.

Neurology segment is anticipated to register the fastest growth over the forecast period. This is significant growth is attributable to rapid technological advancements in the neurology practice. Neurology classifies as one of the most complex surgical specialty and is recording the highest demand for minimally invasive surgical approaches. In addition, introduction of advanced surgical robots such as ROSA One Brain robotic platform, which require intensive hands-on training and highest quality maintenance services, is expected to boost the segment growth.

Key Companies & Market Share Insights

The competitive landscape in the surgical robotic services 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 presence in the market. Moreover, partnerships with hospitals, academic institutions, and research organizations are key strategies to drive research and development efforts, ultimately leading to the introduction of advanced surgical robotic services that meet the evolving needs of the healthcare industry.

Key Surgical Robotic Services Companies:

  • Stryker
  • Corporation
  • Medrobotics
  • Smith & Nephew
  • TransEnterix
  • Surgical, Inc.
  • Renishaw plc.
  • Intuitive Surgical
  • Medtronic
  • THINK Surgical, Inc.
  • Zimmer Biomet.

Surgical Robotic Services Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 1.71 billion

Revenue forecast in 2030

USD 3.73 billion

Growth Rate

CAGR of 13.9% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

Quantitative units

Revenue in USD million/billion, Volume in Units and CAGR from 2024 to 2030

Report coverage

Revenue & Volume forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Application, end-use, region

Regional scope

North America; Europe; Asia Pacific; South America; MEA

Country scope

U.S., Canada, U.K., Germany, Spain, France, Italy, Denmark, Sweden, Norway, China, Japan, India, Australia, South Korea, Thailand, Brazil, Argentina, Mexico, South Africa, Saudi Arabia, UAE, and Kuwait

Key companies profiled

Smith & Nephew; Medrobotics; TransEnterix Surgical, Inc.; Intuitive Surgical; Renishaw plc; Medtronic; Stryker Corporation; Zimmer Biomet and THINK Surgical, Inc.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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Global Surgical Robotic Services Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research, Inc. has segmented the global surgical robotic services market report on the basis of application, end-use, and region:

Global Surgical Robotic Services Market Report Segmentation

  • Application Outlook (Revenue, USD Million, 2018 - 2030)

    • Orthopedics

    • Neurology

    • Urology

    • Gynecology

    • Others

  • End Use Outlook (Revenue, USD Million, 2018 - 2030)

    • Inpatient

    • Outpatient

  • Regional Outlook (Volume, Units; Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • UK

      • Germany

      • Italy

      • France

      • Spain

      • Denmark

      • Sweden

      • Norway

    • Asia-Pacific

      • Japan

      • China

      • India

      • Australia

      • South Korea

      • Thailand

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East Africa

      • South Africa

      • Saudi Arabia

      • UAE

      • Kuwait

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