Surgical Robots Market Analysis

Surgical Robots Market Analysis

With respect to component, the surgical robots market from the instruments and accessories segment crossed USD 4.2 billion in 2022. Instruments and accessories are increasingly utilized in robotic procedures as these tools assist surgeons in opening the soft tissues, removing the bones, dissecting and isolating the lesion as well as obliterate the abnormal structures. The high replacement rate along with lower costs of these components will also accelerate the product demand.
 

Surgical robots market valuation from the general surgery segment is slated to surpass USD 7.7 billion by 2032.  The increasing frequency of various general surgeries, including hernia repair, cholecystectomy, adrenalectomy, small bowel resection and rectal prolapse have led to the higher adoption of surgical robots. To that end, several major business participants are focusing on innovating robotic-assisted surgeries. Hence, the higher usage of surgical robots in general surgery will augment the industry development.
 

North America surgical robots market size is anticipated to reach USD 13.6 billion by 2032. This is attributed to the rising number of robotic-assisted surgeries in the region. The increasing threat of various chronic diseases and the higher healthcare expenditure have spurred the stronger sales of surgical robots. The presence of some of the leading business participants will further contribute to the regional market share.