The robotic surgery devices market size has grown rapidly in recent years. It will grow from $7.84 billion in 2024 to $8.89 billion in 2025 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to rise in use of surgical robots, growth in the number of healthcare facilities, favorable government legislations and increased healthcare spending and rapid growth in the elderly population.
The robotic surgery devices market size is expected to see rapid growth in the next few years. It will grow to $16.17 billion in 2029 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to increasing product launches, minimally invasive surgeries, increasing prevalence of chronic diseases and rise in healthcare expenditure will drive the growth. Major trends in the forecast period include in-vivo robots in surgery services, new technology development, increase in merger and acquisition activities, nanobots in surgery services and artificial intelligence in robotic surgery services.
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How has the robotic surgery devices market evolved, and what factors have shaped its growth?
The rise in demand for minimally invasive technology is driving the robotic surgery devices market. Minimally Invasive (MI) surgery devices are equipped with imaging and catheter technologies that can be easily inserted into any part of the body. Robotic surgery procedures are usually associated with minimally invasive surgeries. These technologies are mainly used for heart, laparoscopy, orthopedic, gynecological, and urological surgeries. Robotic surgeries were introduced to reduce patient hospital length of stay (LOS), pain, complications, return to work time, and reoperations. For instance, in June 2024, according to the American Society of Plastic Surgeons, a US-based specialty organization, a 7 percent growth in minimally invasive procedures in 2023 surpassed surgical procedures by 2 percent, with neuromodulator injections and hyaluronic acid fillers each exceeding 9 million and 5 million treatments, respectively. Consumer preferences are changing, and hospitals are adopting robotic surgery devices to create more value and cost-effective surgical procedures.
What are the major segments of the robotic surgery devices market?
The robotic surgery devices market covered in this report is segmented –
1) By Product: Robotic systems, Instruments & Accessories, Services
2) By Application: General Surgery, Urological Surgery, Gynecological Surgery, Orthopaedics Surgery, Neurosurgery And Other Applications.
3) By End-Use: Hospitals And Ambulatory Surgery Centers (Ascs).
Subsegments:
1) By Robotic Systems: Surgical Robotic Systems, Teleoperated Robotic Systems, Autonomous Robotic Systems
2) By Instruments And Accessories: Surgical Instruments, Endoscopes, Vision Systems, Energy Devices
3) By Services: Maintenance And Repair Services, Training And Support Services, Consulting Services
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Which companies dominate the robotic surgery devices market?
Major companies operating in the robotic surgery devices market include Intuitive Surgical Inc., Stryker Corporation, Medtronic plc, Smith & Nephew plc, Johnson & Johnson, TransEnterix, Inc., Zimmer Biomet Holdings, Inc., Auris Health, Inc., CMR Surgical Ltd., Verb Surgical Inc., Renishaw plc, Think Surgical, Inc., Corindus Vascular Robotics, Inc., Mazor Robotics Ltd., Titan Medical Inc., Accuray Incorporated, OMNI Life Science, Inc., Virtual Incision Corporation, Medrobotics Corporation, Preceyes BV, Microbot Medical Inc., Asensus Surgical, Inc., Avatera Medical GmbH, Medicaroid Corporation, Hansen Medical, Inc., Edge Surgical, Inc., Synaptive Medical, Aesculap, Inc., Verb Surgical
How will evolving trends contribute to the growth of the robotic surgery devices market?
The advances in surgical products and technologies in the health care industry are creating more opportunities in the robotic surgery devices market. Increasing investments in R&D is helping investors to create value for the customers by producing medical-surgical products like robotic surgery devices by using the latest technologies. With the use of robotic systems that are equipped with optical imaging, surgical tools, instruments, and accessories, the surgeries are made easier. Some of the surgical advances that are creating more value and opportunity in the healthcare industry include 3-D high definition endoscope (Multi-Angle Rear-Viewing Endoscopic tool) devices for Brain surgery, Smart surgical glasses (equipped with a video camera and Head-mounted monitor) that act like computers, and can use for live observation of surgeries, surgical robots with artificial intelligence that acts as doctors, and humanoid robots which are used for highly critical surgeries in eye and brain. The other advanced surgical tool is remote robotics, which is used to assist with surgery from any remote location. Therefore, robotic surgery devices are playing an important role in the healthcare industry with their technological advancements and innovations.
What are the key regional dynamics of the robotic surgery devices market, and which region leads in market share?
The countries covered in the robotic surgery devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
What Does The Robotic Surgery Devices Market Report 2025 Offer?
The robotic surgery devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Robotic surgery devices help doctors perform complex minimally invasive operations with precision and flexibility.
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