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AI-based Surgical Robots Market Share

Report ID: GMI10851
Published Date: Aug 2024
Report Format: PDF

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AI-based Surgical Robots Market Share

The AI-based surgical robots industry is highly competitive, with players including Intuitive Surgical, Inc., Medtronic plc, Accuray Incorporated, Stryker Corporation, and Zimmer Biomet leading the market. Key industry players are developing next-generation surgical robots that are more versatile, user-friendly, and capable of performing a wider range of procedures. These robots are designed to be more compact, have improved dexterity, and offer enhanced haptic feedback to surgeons.

AI-based Surgical Robots Market Companies

Prominent players operating in the AI-based surgical robots industry include:

Accuray Incorporated
Asensus Surgical US, Inc.
CMR Surgical, Inc.
Intuitive Surgical, Inc.
Medtronic plc
meerecompany Inc.
Moon Surgical
Smith and Nephew
Stryker Corporation
Zimmer Biomet

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global AI-based surgical robots industry was valued at USD 5.7 billion in 2023 and is expected to exhibit a CAGR of 16.2% from 2024-2032, attributed to significant technological advancements, rise in the number of surgical procedures, and favorable government initiatives.

The hardware segment of AI-based surgical robots industry was valued at USD 3.5 billion in 2023, owing to the emphasis on improving surgical outcomes and reducing complications through advanced imaging systems.

North America AI-based surgical robots market accounted for USD 3.8 billion in 2023 and will record a CAGR of 14.9% between 2024-2032, due to the rise in volume of surgical procedures performed, backed by an aging population.

Asensus Surgical US, Inc., CMR Surgical, Inc., Intuitive Surgical, Inc., Medtronic plc, meerecompany Inc., Moon Surgical, Smith and Nephew, Stryker Corporation, and Zimmer Biomet among others.