Surgical Robots Market Size

Surgical Robots Market Size

The global surgical robots market size was valued at USD 7.1 billion in 2023. The market is expected to reach from USD 8.1 billion in 2024 to USD 26.8 billion in 2032, growing at a CAGR of 16.2% during the forecast period. The market growth of surgical robots can be attributed to the increased reliance on surgical robots, escalation in the number of surgical procedures, expansion in healthcare expenditure, and a rise in chronic disease prevalence.

Moreover, the highly sophisticated robotic mechanisms are of utmost importance for different modern surgical techniques for challenging and deep anatomy sites. For instance, robotic surgery has become more commonplace in the U.S. and as of 2021, there were over 644,000 performed procedures which is estimated to increase to 1 million by 2028 according to statistics published by WebMD. Along this, the robotic technology has enabled surgeons to conduct intricate procedures within a controlled environment, an important factor in ensuring the best possible outcome for patients.
 

In addition, and most importantly, robotic systems in surgery have shown to lead to favorable clinical outcomes, including fewer complications, less hemorrhage, and better tissue altruism versus open surgeries. Because this kind of evidence keeps accumulating, more and more hospitals or doctors as well are adopting robotic systems for better patient care.
 

Surgical robots are the advanced medical devices with robotic arms and instruments attached to it. As these robots are used to perform surgical procedures, they are called as surgical robots. Surgical robots are fed with programs of surgical decision based on which they assist surgeons in performing minimally invasive surgeries.