Surgical Robot Market and Trend

Surgical robot can assist humans in overcoming physiological limitations. With its high operational precision, stable operation, and repeatability, surgical robots bring great clinical benefits to minimally invasive surgery patients as far as the precision required is concerned. Common surgical robots on the market include Laparoscopic surgical robots, trans-natural cavity surgical robots, orthopedic surgical robots, etc.

The global surgical robot market grows from USD 4.5 billion to USD 13.8 billion from 2017 to 2022, with a CAGR of 25.1% from 2017 to 2022. In the future, as surgical robots show the development trend of specialization, emerging surgical robots will continue to emerge. The global surgical robotics market is expected to reach USD 40.2 billion in 2027, with a CAGR of 23.8% from 2022 to 2027.

Figure 2017-2027 Global Surgical Robot Market Size (Billion USD) and CAGR
North America and Europe are the major consumer markets for surgical robots with 57% and 23% market share, respectively, followed by Asia Pacific with 12% market share.