Surgical robotics market to double by 2029: report

Already worth billions of dollars, the global surgical robotics market will double by 2029, according to a new report from The Robot Report‘s sister publication MassDevice.

The Medtech Market Intelligence Report is nearly 100 pages and authored by Gayle Grimes, veteran editor and analyst. It provides forecasts for inside and outside the United States, as well as major companies in the space including Intuitive, Stryker, Zimmer Biomet, Johnson & Johnson, Globus Medical, Smith+Nephew, CMR Surgical, Medtronic, MicroPort, Karl Storz/Asensus Surgical, and more.

With its launch last year of the next-generation da Vinci 5 multiport robot, Intuitive has solidified its position in the surgical robotics market as the dominant soft-tissue systems provider, and Stryker is the largest company in the orthopedic robotic surgery space.

A host of other companies, however, are looking to compete. There is plenty of room for growth even in the U.S. alone: of the 10 million annual major operating room procedures performed in the United States, only approximately 2.5% are robotic-assisted, according to a study cited in the report.

The Medtech Market Intelligence Report provides extensive data and insights about the surgical robotics market: an overview of surgical robotics procedures, robotic-assisted surgical technologies and innovations, historical sales, market forecasts, growth rates by region (U.S. and international), competitive analysis/market share, leading competitors and emerging startups, corporate strategies, market drivers and limiters, and trends/opportunities.

Here’s a brief table of contents overview:

Robotic-assisted procedures
Clinical applications
Robotic surgery products
Emerging products
Instruments and holders
Telerobotics
Autonomous systems
Global market forecast
Competitive analysis

The Medtech Market Intelligence Report about the surgical robotics market is available for download and purchase here.