AI-based surgical robots Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: AI-based surgical robots Market covers analysis By Product Type (Services, Instrument and Accessories); Application (General Surgery, Urology, Orthopedic, Gynecology, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00023653
  • Category : Healthcare IT
  • No. of Pages : 150

AI-based surgical robots Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET OVERVIEW

AI-based medical robots are known for their role in surgeries and are widely utilized in the healthcare industry. These robots allow doctors to perform complex surgical procedures with more precision and flexibility than the conventional technique. They are mainly used for precisely handling surgical devices during various kinds of surgical procedures. The surgical robots perform the surgery by making small incisions. Mainly they comprise a camera arm, mechanical arm, and surgical instruments. Integration of these robots acts as a shielding layer between healthcare employee and patient by offering physical separation as the surgeon controls all the robot's activity by sitting at the computer. The use of surgical robots also reduces the risk of contamination along with maintaining surgical volumes.

MARKET SCOPE

The "Global AI-Based Surgical Robots Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the AI-based surgical robots market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading AI-based surgical robots market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

    - Based on product type, the global AI-based surgical robots market is segmented into services, instrument and accessories.
    - Based on application, the market is segmented into general surgery, urology, orthopedic, gynecology and others.

MARKET DYNAMICS
Drivers:

    - Increasing incidences of chronic diseases and technological advancement in surgical robots drive the AI-based surgical robots market growth.
    - Rising minimally invasive surgeries and shift from traditional surgical procedures to AI-based approaches boost the market growth.
    - Rising public awareness and enhanced patient safety and compliance fuel the market growth.

Restraints:

    - The need for special skills for performing robotic surgery.
    - High cost of these surgeries.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The AI-based surgical robots market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the AI-based surgical robots market in these regions.

IMPACT OF COVID-19 ON AI-BASED SURGICAL ROBOTS MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The outbreak of the COVID pandemic has impacted the growth of the AI-based surgical robots market as worldwide lockdown was imposed. To reduce the infection transmission rate and prioritize the treatment of the Covid patients, elective surgeries were canceled or delayed across the world. This led to a decline in new product acquisition by healthcare facilities. However, with the removal of restrictive measures, a shift toward robotic surgery can be witnessed. As robots in surgery reduce the duration of surgeries, reduce infections in patients and provide fewer interactions between the patient and medical staff, their use is likely to be increased. Also, for clearing the backlog of elective surgeries, these robots will be used. Hence, the market is expected to grow significantly in the future.

AI-based surgical robots Market Report Analysis

AI-based surgical robots Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Zimmer Biomet
  • Medtronic, Plc
  • Stryker Corporation
  • TransEnterix
  • Activ Surgical, Inc.
  • Stereotaxis, Inc.
  • Medrobotics Corporation
  • Intuitive Surgical, Inc.
  • Accuray Incorporated

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Product Type
  • Services
  • Instrument and Accessories
Market Segment By Application
  • General Surgery
  • Urology
  • Orthopedic
  • Gynecology
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The report covers key developments in the AI-based surgical robots market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from AI-based surgical robots market are anticipated to have lucrative growth opportunities in the future with the rising demand for AI-based surgical robots in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the AI-based surgical robots market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

    - Zimmer Biomet
    - Medtronic, Plc
    - Stryker Corporation
    - TransEnterix
    - Activ Surgical, Inc.
    - Stereotaxis, Inc.
    - Medrobotics Corporation
    - Intuitive Surgical, Inc.
    - Accuray Incorporated
    - Hansen Medical
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

AI-based surgical robots Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Product Type
  • Services
  • Instrument and Accessories
By Application
  • General Surgery
  • Urology
  • Orthopedic
  • Gynecology
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Zimmer Biomet
  • Medtronic, Plc
  • Stryker Corporation
  • TransEnterix
  • Activ Surgical, Inc.
  • Stereotaxis, Inc.
  • Medrobotics Corporation
  • Intuitive Surgical, Inc.
  • Accuray Incorporated
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

The List of Companies

- Zimmer Biomet
- Medtronic, Plc
- Stryker Corporation
- TransEnterix
- Activ Surgical, Inc.
- Stereotaxis, Inc.
- Medrobotics Corporation
- Intuitive Surgical, Inc.
- Accuray Incorporated
- Hansen Medical

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