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Abdominal Surgical Robots Market Size, Share & Trends Analysis Report By Product Type( Remote Control, Voice Control ), By Application ( General Surgery, Gynecology, Urology, Others ), By End-User And Region Forecasts, 2022 - 2030

Format: PDF | Pages: 327 | Report ID: MRS1074


Report Description

The global Abdominal Surgical Robots market size is estimated at USD 4.18 billion in 2021, expanding at a CAGR 21.16% from 2022-2030 to reach 18.86 billion USD in 2030.

Market Dynamics

Abdominal surgical robots are a better alternative to traditional open surgery because they are less invasive and have fewer ports. Surgical robotics, also known as robotically assisted surgery or robotic surgery, is the advanced technology application of robotic systems in surgical processes. Robotic surgery was developed to reduce or eliminate the limitations of minimally invasive surgery while also increasing the efficiency of surgeons performing open surgery. Instead of directly manipulating the instruments, the surgeon in robotic surgery controls them via computer or telemanipulation.

Robotic surgery was initially developed to address the shortcomings of manual-assisted surgery and to enhance the capabilities of surgeons performing open surgery without assistance. It is used to perform more difficult cases such as spinal cord injuries, brain surgeries, and so on. Patients benefit from low incision surgery as well, with minimal incision, less blood loss, less pain, faster recovery, lower risk of hospital infection, and lower risk of further hospitalization. These benefits will drive the global abdominal surgical robot market. Several abdominal surgical robot companies are emerging, forming a massive market that will significantly replace open surgeries. While the high cost of surgery may be a major impediment to the market for abdominal surgical robots.

The global abdominal surgical robots market is expected to grow significantly over the forecast period, owing to the FDA's increasing approval of robotic and surgical navigation systems to perform complex spinal surgeries. For example, Zimmer Biomet's ROSA ONE Spine System was approved by the US Food and Drug Administration (FDA) in March 2019. The ROSA ONE Spine System is a robotics and navigation technology solution that aids in the performance of complex spine procedures. The US Food and Drug Administration (FDA) approved Auris Health, Inc's Monarch Platform, a flexible robotic endoscopic platform, in March 2018.

Because of the increased popularity and acceptance of advanced surgical robots in various applications, North America will dominate the abdominal surgical robots market. North America dominates the abdominal surgical robot market, followed by Europe, due to advances in modern technology and public awareness of modern advancements in medical research. With the availability and increasing establishment of various healthcare infrastructures backed by advanced technological adoptions, Asia-Pacific will experience the highest growth rate of all regions.

The Abdominal Surgical Robots market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market. For example, in October 2021, CMR Surgical, a global surgical robotics company, has announced plans to open a new large-scale manufacturing facility in Cambridgeshire, United Kingdom. The site will enable upscaled manufacturing processes to meet the growing global demand for the Versius Surgical Robotic System, which is now widely used in hospitals throughout Europe, India, Australia, and the Middle East.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Abdominal Surgical Robots by end-user, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • CMR Surgical Ltd
  • Accuray Incorporated
  • AdEchoTech
  • AVRA Medical Robotics, Inc., Corporation
  • Corindus, Inc.
  • Intuitive Surgical
  • Medrobotics Corporation
  • revo
  • Titan Medical Inc.
  • TransEnterix Surgical, Inc.
  • Virtual Incision

Product Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Remote Control
  • Voice Control

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • General Surgery
  • Gynecology
  • Urology
  • Others

End-User Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Hospitals
  • Research Centres
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Abdominal Surgical Robots market size is estimated at USD 4.18 billion in 2021, expanding at a CAGR 21.16% from 2022-2030 to reach 18.86 billion USD in 2030.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Abdominal Surgical Robots market size is expanding at a CAGR 21.16% from 2022-2030 to reach 18.86 billion USD in 2030.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The Abdominal Surgical Robots market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market. For example, in October 2021, CMR Surgical, a global surgical robotics company, has announced plans to open a new large-scale manufacturing facility in Cambridgeshire, United Kingdom.

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