Surgical Robotics Market Poised for Rapid Expansion, Expected to Double in size by 2029
Boston, MA – The global surgical robotics market is on a trajectory for meaningful growth, projected to double in size by 2029, according to a new report from MassDevice, a sister publication of The Robot Report. The extensive “Medtech Market Intelligence Report,” authored by veteran editor and analyst Gayle Grimes, details forecasts for both U.S. and international markets and analyzes key players in the field.
Currently valued in the billions, the surgical robotics sector is experiencing increasing adoption driven by advancements in technology and a growing demand for minimally invasive procedures. While Intuitive currently leads the soft-tissue surgical robotics market with its da Vinci 5 system, and Stryker dominates the orthopedic space, numerous companies are vying for market share.
Despite the growth, significant chance remains. The report highlights that robotic-assisted surgery currently accounts for only approximately 2.5% of the 10 million major operating room procedures performed annually in the United States, indicating substantial potential for expansion.
The MassDevice report provides in-depth analysis of the surgical robotics landscape, including procedure overviews, technological innovations, historical sales data, regional growth rates, competitive analysis, and corporate strategies. Key companies examined include Intuitive, Stryker, Zimmer Biomet, Johnson & Johnson, Globus Medical, Smith+Nephew, CMR Surgical, Medtronic, MicroPort, and Karl Storz/Asensus surgical.
The report’s table of contents covers: robotic-assisted procedures, clinical applications, robotic surgery products, emerging technologies like telerobotics and autonomous systems, instruments and holders, a global market forecast, and a detailed competitive analysis.
The full “Medtech Market Intelligence Report” on the surgical robotics market is available for purchase and download here.
