The global surgical robots market size was estimated at USD 3.92 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030. Shortage of physicians and surgeons across the globe and increasing adoption of automated instruments used for surgery are major factors driving market growth. Furthermore, growing prevalence of bone degenerative diseases and rising number of hip & knee replacement surgeries due to increasing cases of arthritis & osteoporosis are anticipated to drive growth. For instance, according to the Agency for Healthcare Research and Quality report, over 4,50,000 hip replacement surgeries are performed annually in the U.S.

An increasing number of knee and hip replacement surgeries is one of the key factors anticipated to drive the adoption of surgical robots in healthcare industry. Some major disorders that affect joints are various types of arthritis, bone degenerative diseases, and osteoporosis. Rising prevalence of these conditions has led to an increase in the number of patients requiring knee and hip replacement surgeries.

Gather more insights about the market drivers, restrains and growth of the Global Surgical Robots Market

Surgical Robots Market Report Highlights

• Based on application, others segment accounted for a revenue share of 44.6% in 2023 due to increased usage of advanced automated instruments in cancer and high demand for minimally invasive laparoscopic surgeries
• Based on end-use, inpatient facilities segment held the largest revenue share of 53.21% in 2023 due to high financial resources and patient volume to justify the investment in costly surgical robotic systems
• North America accounted for the largest revenue share of 49.9% in 2023, owing to the strong presence of international players, a lineup of several U.S. FDA clearance products, ongoing robotics developments, and demand for minimally invasive surgeries to reduce the post-operative period

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global dental laboratory welders market sizewas valued at USD 172.8 million in 2023 and is expected to grow at a CAGR of 9.0% from 2024 to 2030.
• The global pharmaceutical inspection machines market size was valued at USD 862.0 million in 2023 and is projected to grow at a CAGR of 9.9% from 2024 to 2030.

Segments Covered in the Report

Grand View Research has segmented the global surgical robots market based on application, end-use, and region:

Surgical Robots Application Outlook (Revenue, USD Million, 2018 - 2030)

• Orthopedics
  • Knee
  • Hip
  • Spine
  • Others
• Neurology
• Urology
• Gynecology
• Others

Surgical Robots End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Inpatient
• Outpatient

Surgical Robots Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • Italy
  • France
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

Order a free sample PDF of the Surgical Robots Market Intelligence Study, published by Grand View Research.