Surgical Robot Market Size Worth USD 55.62 billion by 2034 | CAGR: 16.9%

The surgical robot market size is expected to reach USD 55.62 billion by 2034, according to a new study by Polaris Market Research. The report “Surgical Robot Market Share, Size, Trends, Industry Analysis Report: By Product Type, Application, End–User (Hospitals and Ambulatory Surgery Centers), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The surgical robot market growth is driven by increased in demand for minimally invasive surgeries worldwide. The rising demand for minimally invasive surgeries due to their benefits, such as smaller incisions, reduced trauma, shorter recovery times, and fewer complications, is reshaping the surgical landscape. For instance, according to the American Society of Plastic Surgeons, the number of minimally invasive cosmetic surgeries surged from 8 million before 2019 to 23 million in 2022, a 188% increase over four years. This change in patient preference is driving healthcare providers to adopt advanced robotic systems to meet the growing demand and provide improved care. These procedures are favored for their ability to minimize pain and accelerate recovery, leading to improved overall outcomes and a faster return to daily activities. As awareness of these advantages continues to spread, the adoption of advanced technologies in minimally invasive surgery is expected to rise, aligning with the increasing focus on optimizing patient care and outcomes.   

The surgical robot market is anticipated to grow due to the increasing number of complex surgeries worldwide, particularly due to chronic diseases and an aging population. For instance, according to the World Health Organization, a rise in inpatient surgical procedures in Europe from 5 million in 2009 to 15 million in 2020 was recorded. India performs around 32 million surgeries annually, while Saskatchewan saw a record 96,000 surgeries during 2023–2024. This surge in surgical activity is expected to boost demand for advanced surgical robots.

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Hospitals are the major consumers of surgical robotic systems due to the availability of resources and skilled workforce. Hospitals are generally backed by large capital investments, which allows them to procure advanced machinery and a skilled workforce to operate it. A large number of patients suffering from chronic disorders and injuries choose hospitals for their treatment as hospitals offer holistic treatment and post-surgery trauma care.

Surgical Robot Market Report Highlights

• The general surgery segment is anticipated to experience substantial growth with a significant CAGR during the forecast period. This growth is attributed to increased surgeries due to chronic disease and injuries.
• The hospital segment accounted for the largest revenue share of the market in 2024 due to the availability of resources and skilled workforce to carry out complex surgeries.
• In 2024, North America dominated the surgical robot market due to the increasing number of hospitals and the presence of major players.
• The surgical robot market in India is projected for substantial growth due to the increasing funding and foreign direct investment inflow.
• The global key market players are Smith & Nephew; Medrobotics Corporation; TransEnterix Surgical, Inc.; Intuitive Surgical; Renishaw plc; Medtronic plc; Stryker Corporation; Zimmer Biomet Holdings, Inc.; THINK Surgical, Inc.; and Boston Scientific. 

Polaris Market Research has segmented the surgical robot market report based on product type, application, end–user, and region:

Surgical Robot Market, Product Type Outlook (Revenue - USD billion, 2020–2034)

• Robotic Systems
• Laparoscopy Robotic Systems
• Orthopedic Robotic Systems
• Neurological Robotic Systems
• Instruments and Accessories

Surgical Robot Market, Application (Revenue - USD billion, 2020–2034)

• General Surgery
• Gynecological Surgery
• Urological Surgery
• Neurosurgery
• Orthopedic Surgery
• Others

Surgical Robot Market, End–User (Revenue - USD billion, 2020–2034)

• Hospitals
• Ambulatory Surgical Centers (ASC’s)      

Surgical Robot Market, Regional Outlook (Revenue - USD billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of the Middle East & Africa

Surgical Robot Market Report Scope