Selbyville, Delaware, Global AI-based Surgical Robots Market size to reach USD 13.2 billion by 2027 and is valued approximately USD 4.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 16% over the forecast period 2021-2027.

Artificial intelligence is playing a vital role in supporting clinical decision-making and is now used for risk stratification, genomics, imaging and diagnosis and surgical robots. Surgical trauma can be reduced through minimally invasive surgery which is now progressively being combined with robotic assistance.

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Surgical robots are helpful in conducting decision-making, and executing the desired tasks with increased precision, safety, and accuracy. To efficiently decrease pathogen spread in doctors too, robots can be integrated at numerous sections of the order, which each surgical patient navigates during a hospital stay. Above mentioned advantages, coupled with increased penetration of advanced technologies in healthcare industry, are driving the AI-based Surgical Robots market. Many companies are doing research and development in robotic surgery sphere. In 2021, Medtronic’s Hugo RAS system robot performed its first clinical procedure. Hugo RAS system syndicates instruments, 3D visualization, and a surgical video with help of support teams focusing on robotic surgery program optimization, service, and training. The high cost of investments in surgical robots may act as a restraint for its growth. However, increasing research and development in technological field of artificial intelligence and robotics acts as an opportunity for AI-based Surgical Robots Market in subsequent decade.

Major market player included in this report are:

  • Accuray Incorporated
  • Intuitive Surgical, Inc.
  • Medtronic, plc
  • Medrobotics Corporation
  • Zimmer Biomet
  • Stereotaxis, Inc
  • Transenterix, Inc (Asensus Inc)
  • Stryker Corporation
  • Activ Surgical, Inc.
  • Titan Medical, Inc.

Key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are analysed to provide a holistic picture of AI-based Surgical Robots Market. Due to higher rate of technological advancements in medical industry as well as higher per capita income, North America has emerged as a significant region across the world in terms of market share. Whereas, Asia-Pacific is expected to exhibit the highest growth rate for the forecast period 2021-2027 owing to the growing healthcare industry. Rising disposable income and growing awareness for artificial intelligence usage in medical industry will also boost growth in this region.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:

  • Services
  • Instruments and Accessories

By Application:

  • Orthopaedics
  • Neurology
  • Urology
  • Gynaecology
  • Others

Global AI-based Surgical Robots Market: regional analysis

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of AI-based Surgical Robots market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.

Furthermore, years considered for the study are as follows:

  • Historical year – 2018, 2019
  • Base year – 2020
  • Forecast period – 2021 to 2027.

Some of the major questions addressed in the report are:

  • What are the crucial factors driving the market?
  • What shall be the expected growth acceleration and rate of the market during the forecasted timeframe?
  • What was the market size value of the AI-based Surgical Robots in 2020?
  • What shall be the AI-based Surgical Robots Market size by 2027?
  • Which region shall account for the largest market share of the AI-based Surgical Robots Industry?
  • What are the market threats and opportunities considered by the vendors in the AI-based Surgical Robots Market?

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