The Robotic Surgical Procedures Market was valued at USD 10.66 billion in 2023 and is expected to reach USD 51.91 billion by 2032, growing at a CAGR of 19.27% from 2024-2032.
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The robotic surgical procedures market has become a key component of the international healthcare environment, powered by developments in robotics, artificial intelligence, and an increasing need for minimally invasive surgeries. Such systems improve precision, minimize post-operative complications, and decrease recovery times, making them a more desirable option for both surgeons and patients. Some of the key procedures that an Endoscopic/microsurgical robotic system is used for include urology, gynecology, orthopedics, general surgery, and cardiology.
Emerging economies are witnessing accelerated adoption of robotic systems driven by the increasing quality of health infrastructure as well as the need for advanced surgical solutions. According to NIH, In early 2023, more than 11 million robotic procedures had been performed worldwide using Intuitive Surgical's Da Vinci systems, with over 7,500 units actively in use.
More than a quarter of all surgeons in developed areas performed more than 25% of their procedures robotically in 2023, and by 2032 it is anticipated that adoption will soar internationally. The increasing incidence of chronic disorders, such as cancer and cardiovascular diseases, has also fueled demand, as robotic-assisted procedures are commonly preferred for the treatment of complex cases due to their precision.
The market is driven by technological advancements. For example, in 2024, Medtronic announced 14 new AI-powered algorithms to enhance its Touch Surgery Performance Insights ecosystem, to improve surgical workflows and training. Similarly, in 2024, Stryker received FDA clearance for its Q Guidance System software to enhance spine surgeries and announced the launch of robotic features that will be added to spine and shoulder procedures.
Market growth is also robust driven by continued innovation, growing applications, and greater acceptance in regions. The conventional methods will be complemented with robotic surgical procedures, thanks to the (R&D) research and development investments by major players in the robotic surgical procedures market and cross-sector collaborations, which are the catalysts for transforming the future of surgery.
DRIVERS
Increasing Healthcare Costs and Demand for Efficiency propels the Robotic Surgical Procedures Market
Healthcare professionals are under increasing pressure to improve operational efficiency and reduce costs while maintaining the quality of care that patients expect. Robotics-assisted surgeries are showing cost-effectiveness over the long term through reduced lengths of hospital stay, lower complications, and greater accuracy in surgical procedures. Robotic modalities allow for shorter recovery times, shorter hospitalization times, and fewer complications, which all translate to lower costs in healthcare delivery. For instance, robotic procedures particularly in the fields of urology and orthopedics often result in shorter hospital admissions and consequently decreased utilization of hospital facilities, leading to reductions in various indirect costs of caring for patients. Lastly, robotic systems have started to become more affordable, providing more value for money, and making them an attractive option for healthcare institutions wanting to streamline surgical departments. Increasing demand for cost-effective solutions is driving the higher adoption of robotic surgical systems.
The ability of robotic surgical systems to provide immersive training experiences and enhance surgeons' skill sets is fueling their widespread use.
Robotic systems often come with simulation platforms and other AI-infused performance metrics to help surgeons practice iterative skills before performing complex procedures on patients. The launch of platforms like Medtronic’s Touch Surgery Live Stream this past April 2024, which provides real-time viewing and helps to improve surgical training, is spearheading a burgeoning trend within the market to bring robotics to surgical education. Surgeons can train with virtual settings, improve skills, and receive performance feedback on the spot, helping them get accustomed to robotic surgery faster. The trend to enhance skills and rising surgeon confidence in robotic-assisted approaches are furthering the requirement for robotic systems across various medical domains.
RESTRAINT
One of the key restraints in the growth of the robotic surgical procedures market is the high initial investment required to purchase robotic systems, along with the ongoing maintenance and operational costs.
Robotic surgical systems – e.g. Intuitive Surgical Da Vinci and Medtronic Hugo, etc – may run into millions of dollars in cost and become a deterrent for smaller healthcare facilities to be able to use them, especially in emerging markets with less budget. These systems typically entail a high purchase price and the need for costly training programs for surgeons and support staff, as well as ongoing maintenance and updates to guarantee optimal operating conditions. The clinical advantages of robotic surgeries — like improved complication rates and quicker recovery times — are widely acknowledged, but the cost of purchasing and maintaining robotic surgical systems remains an obstacle for many hospitals and clinics, hampering widespread adoption.
By Application
The general surgery segment dominated the market with 38.65% market share in 2023, owing to its widespread acceptance and the advantages that robotic systems provide in carrying out various surgeries. This includes systems like the Da Vinci Surgical System that allow for minimally invasive surgery, which is favored due to benefits such as smaller incisions, lower pain levels, quicker recovery times, and shorter hospital stays. General surgery includes some of the broadest procedures, from gallbladder removals to hernia repairs, which can benefit from the precision, improved 3D visualization, and flexibility that robotic systems offer. Moreover, robotic systems streamline the operational process, which results in lowering the cost-associated complications and downtime, which can benefit the operational aspect of the healthcare facility. Moreover, the growing uptake of minimally invasive procedures will further contribute to making general surgery the application area in robotic surgical procedures.
The neurology segment is expected to be the fastest-growing segment in the robotic surgical procedures market with a growing CAGR of 22.39% due to, the growing need for precision in complex surgical procedures such as neurological procedures. An example of robotic systems is the Mazor X which performs spinal surgeries with the precision of a human hand and lowers potential risk. In neurosurgery for brain tumors, spinal disorders, etc., better accuracy enables efficient and minimally invasive procedures with faster recovery times. Furthermore, the increasing number of neurological disorders like Parkinson's disease is also driving the demand for robotic assistance. The rapid growth of this segment is aided by advancements in robotics and AI to improve the efficiency and safety of surgeries.
By End User
In 2023, The hospital segment dominated the surgical robotic procedures market on the back of the elaborate nature of surgeries carried out in hospitals and the key amount of investments made by hospitals toward advanced robotic systems. Hospitals are also usually early adopters of advanced technologies and have more access to capital for these expensive systems.
Ambulatory surgery centers (ASCs) are the fastest-growing segment because they tend to focus on minimally invasive procedures that can be performed in a one-day outpatient setting. Given the growing need for high-quality, economical care, ASCs are capitalizing on robotic technologies whose costs and accessibility continue to decrease. Consequently, the growth of the robotic surgical procedures market will be led by ASCs.
In 2023, North America held the highest market share of 48%, owing to advanced surgical procedures and hospitals for various diseases. For instance, the increasing adoption of robotic-assisted procedures for various indications which provide more favorable outcomes than conventional open surgery and reduced hospital stay and recovery times among children will further contribute to the market growth. Moreover, the development of surgical instruments with miniaturization is required for optimal performance in a smaller operative space; this trend is likely to directly affect the volume of robotic surgical procedures and propel the robotic surgical procedures market.
Asia Pacific is the fastest-growing region in the surgical robotics procedures market exhibiting a CAGR of 22.91%, this is due to several key factors. For Instance, the rapid development of healthcare infrastructure and the growing adoption of robotic technology in hospitals and surgical centers will propel this growth. Minimally invasive surgeries have experienced increased adoption in the region owing to various benefits including lesser recovery time, trauma, and complications as compared to the conventional approach. In addition, the increase in the prevalence of chronic diseases, an increase in the geriatric population, and the expansion of access to healthcare in emerging economies such as China and India are driving the growth of the market. Governments focusing on increasing healthcare expenditure and adopting advanced medical technologies as well further support the growth of robotic surgeries in the Asia Pacific. This combination positions Asia Pacific as a substantial force in the growth of the robotic surgical procedures market.
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Robotic Surgical Procedures Market Key Players
Avatera Medical (Avatera Robotic System, Avatera Instrument Line)
Intuitive Surgical, Inc. (da Vinci Surgical System, Ion Endoluminal System)
Medtronic plc (Hugo RAS System, Mazor X)
Stryker Corporation (MAKO Robotic-Arm Assisted Surgery System, SPY Imaging Technology)
Smith & Nephew plc (CORI Surgical System, Navio Surgical System)
Zimmer Biomet (ROSATM One Surgical Robotic System, OrthoGuidance)
Johnson & Johnson (Ethicon) (OTTAVA Surgical System, VERO Biopsy Robot)
TransEnterix, Inc. (Asensus Surgical) (Senhance Surgical System, Intelligent Surgical Unit (ISU))
Medrobotics Corporation (Flex Robotic System, Flex ENT)
Titan Medical Inc. (SPORT Surgical System, ARTEMIS Surgical Instruments)
Corindus Vascular Robotics (Siemens Healthineers) (CorPath GRX, Neurovascular Robotic System)
Think Surgical, Inc. (TSolution One System, TMINI Miniature Robot)
Auris Health (Johnson & Johnson subsidiary) (Monarch Platform, LungPoint Virtual Bronchoscopic Navigation)
Renishaw plc (Neuromate Stereotactic Robot, Neurolocate)
CMR Surgical (Versius Surgical Robotic System, Enhanced Vision Tools)
Accuray Incorporated (CyberKnife System, TomoTherapy System)
Preceyes BV (Preceyes Surgical System, Vitreoretinal Robot)
Monteris Medical (NeuroBlate System, BrainPath Access System)
KUKA AG (KUKA Robotics) (LBR Med, Robotic Biopsy System)
Verb Surgical (Collaborative Robotic System, Integrated Imaging Platform)
Suppliers
Suppliers that provide essential components, materials, and technologies for the robotic surgical procedures market products
Harmonic Drive LLC
Allied Motion Technologies
Microchip Technology Inc.
Bosch Rexroth AG
Asahi Intecc Co., Ltd.
Smiths Interconnect
Maxon Group
Omron Corporation
Schunk GmbH & Co. KG
RECENT DEVELOPMENT
July 2024: Stryker announced its plans to expand the capabilities of its Mako robotic system by introducing spine and shoulder features later in the year, following a record-breaking quarter for Mako installations. The company also secured FDA clearance for a new software designed for its Q Guidance System, enhancing spine surgeries. CEO Kevin Lobo highlighted Stryker's interest in entering the soft tissue robotic surgery space and emphasized the company's active acquisition strategy, which included recent acquisitions of Artelon and Molli Surgical.
April 2024: Medtronic unveiled 14 new AI-powered algorithms for its Touch Surgery Performance Insights platform, designed to enhance post-operative analysis for laparoscopic and robotic-assisted procedures. The company also launched Touch Surgery Live Stream, enabling remote observation to improve surgical training and collaboration. These innovations further expanded Medtronic's digital ecosystem, aimed at streamlining surgical workflows and providing more detailed performance insights.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 10.66 Billion |
| Market Size by 2032 | US$ 51.91 Billion |
| CAGR | CAGR of 19.27% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Application (Orthopedics, Neurology, Urology, General Surgery, Gynecology, Others) • By End-use (Hospitals, Ambulatory Surgery Centers, Diagnostic Labs) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Avatera Medical, Intuitive Surgical, Inc., Medtronic plc, Stryker Corporation, Smith & Nephew plc, Zimmer Biomet, Johnson & Johnson (Ethicon), TransEnterix, Inc. (Asensus Surgical), Medrobotics Corporation, Titan Medical Inc., Corindus Vascular Robotics (Siemens Healthineers), Think Surgical, Inc., Auris Health (Johnson & Johnson subsidiary), Renishaw plc, CMR Surgical, Accuray Incorporated, Preceyes BV, Monteris Medical, KUKA AG, Verb Surgical, and other players. |
| Key Drivers | •Increasing Healthcare Costs and Demand for Efficiency propels the Robotic Surgical Procedures Market •The ability of robotic surgical systems to provide immersive training experiences and enhance surgeons' skill sets is fueling their widespread use. |
| Restraints | •One of the key restraints in the growth of the robotic surgical procedures market is the high initial investment required to purchase robotic systems, along with the ongoing maintenance and operational costs. |
Ans. The CAGR growth of Robotic Surgical Procedures Market over the forecast period is 19.27%.
Ans. The Robotic Surgical Procedures market size is to reach USD 51.91 Bn by 2032.
Ans. Asia Pacific is the fastest-growing region of the Robotic Surgical Procedures Market.
Ans. The higher acquisition and maintenance costs of robotic surgical systems will limit their use in developing countries.
Ans. The advantages of robotic-assisted surgery, technical developments in surgical robots, rising surgical robot adoption, and higher funding for medical robot research are driving the growth of the Surgical Robots Market.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
5. Statistical Insights and Trends Reporting
5.1Number of Robotic Surgical Procedures Performed, by Region (2023)
5.2 Growth in Procedure Volume, by Surgical Specialty (2020–2032)
5.3 Hospital Adoption Rates of Robotic Surgery Systems, by Region (2023)
5.4 Investment Trends in Robotic Surgery Infrastructure, by Region (2023)
5.5 Average Cost of Robotic Surgical Procedures, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Robotic Surgical Procedures Market Segmentation, by Application
7.1 Chapter Overview
7.2 Orthopedics
7.2.1 Orthopedics Market Trends Analysis (2020-2032)
7.2.2 Orthopedics Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.3 Knee
7.2.3.1 Knee Market Trends Analysis (2020-2032)
7.2.3.2 Knee Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.4 Hip
7.2.4.1 Hip Market Trends Analysis (2020-2032)
7.2.4.2 Hip Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.5 Spine
7.2.5.1 Spine Market Trends Analysis (2020-2032)
7.2.5.2 Spine Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.6 Others
7.2.6.1 Others Market Trends Analysis (2020-2032)
7.2.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Neurology
7.3.1 Neurology Market Trends Analysis (2020-2032)
7.3.2 Neurology Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Urology
7.4.1 Urology Market Trends Analysis (2020-2032)
7.4.2 Urology Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 General Surgery
7.5.1 General Surgery Market Trends Analysis (2020-2032)
7.5.2 General Surgery Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Gynecology
7.6.1 Gynecology Market Trends Analysis (2020-2032)
7.6.2 Gynecology Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Others
7.7.1 Others Market Trends Analysis (2020-2032)
7.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Robotic Surgical Procedures Market Segmentation, by End User
8.1 Chapter Overview
8.2 Hospitals
8.2.1 Hospitals Market Trends Analysis (2020-2032)
8.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Ambulatory Surgery Centers
8.3.1 Ambulatory Surgery Centers Market Trends Analysis (2020-2032)
8.3.2 Ambulatory Surgery Centers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Diagnostic Labs
8.4.1 Diagnostic Labs Market Trends Analysis (2020-2032)
8.4.2 Diagnostic Labs Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Robotic Surgical Procedures Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.4 North America Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.5.2 USA Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.6.2 Canada Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.7.2 Mexico Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Robotic Surgical Procedures Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.5.2 Poland Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.6.2 Romania Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Robotic Surgical Procedures Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.4 Western Europe Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.5.2 Germany Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.6.2 France Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.7.2 UK Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.8.2 Italy Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.9.2 Spain Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Healthcare Predictive Analytic Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.12.2 Austria Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Robotic Surgical Procedures Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.4 Asia Pacific Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5.2 China Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5.2 India Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5.2 Japan Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6.2 South Korea Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.7.2 Vietnam Healthcare Predictive Analytic Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.8.2 Singapore Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.9.2 Australia Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Robotic Surgical Procedures Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.4 Middle East Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.5.2 UAE Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Robotic Surgical Procedures Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.4 Africa Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Robotic Surgical Procedures Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.4 Latin America Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.5.2 Brazil Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.6.2 Argentina Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.7.2 Colombia Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Robotic Surgical Procedures Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Robotic Surgical Procedures Market Estimates and Forecasts, by End-Use (2020-2032) (USD Billion)
10. Company Profiles
10.1 Avatera Medical
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 Intuitive Surgical, Inc.
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Medtronic plc
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Stryker Corporation
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Smith & Nephew plc
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Zimmer Biomet
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Johnson & Johnson
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 TransEnterix, Inc.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Medrobotics
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Titan Medical Inc.
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Application
Orthopedics
Knee
Hip
Spine
Others
Neurology
Urology
General Surgery
Gynecology
Others
By End-User
Hospitals
Ambulatory Surgery Centers
Diagnostic Labs
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization to meet the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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