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AI-Based Surgical Robots Market By Product Type (Robotic Systems, Instruments and Accessories, Services), By Application (General Surgery, Orthopedic Surgery, Neurosurgery, Cardiovascular Surgery, Gynecological Surgery), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: LI4536  
|   Life Sciences & Healthcare

As per Intent Market Research, the AI-Based Surgical Robots Market was valued at USD 7.5 billion in 2023 and will surpass USD 31.3 billion by 2030; growing at a CAGR of 22.8% during 2024 - 2030.

The AI-based surgical robots market is experiencing significant growth as healthcare professionals increasingly turn to advanced technologies to improve the accuracy, efficiency, and outcomes of surgeries. Artificial intelligence (AI) integration in robotic systems has revolutionized the field of surgery by enabling precision-guided procedures, reducing human error, and enhancing patient recovery times. The ability of AI to learn from data and provide real-time insights during surgeries is leading to improved decision-making and patient outcomes. AI-powered surgical robots are capable of assisting in a range of procedures, from minimally invasive surgeries to complex operations, and their role is expanding across various surgical specialties.

The demand for AI-based surgical robots is growing rapidly as hospitals and medical centers adopt these systems to stay at the forefront of medical technology. With healthcare costs rising globally, there is an increasing focus on improving efficiency, minimizing human error, and reducing the risk of complications during surgeries. Furthermore, as AI technology evolves, the robots become more autonomous, providing surgeons with enhanced capabilities such as real-time data analysis and predictive analytics. These advancements are paving the way for a broader adoption of AI-based surgical robots, particularly in regions with advanced healthcare infrastructure and increasing demand for minimally invasive procedures.

Robotic Systems Are Largest Segment Owing to Technological Advancements and Precision

The robotic systems segment is the largest within the AI-based surgical robots market. This segment includes robotic platforms that provide the core functionality of surgical robots, such as robotic arms, vision systems, and AI-driven surgical tools. These robotic systems are the backbone of AI-assisted surgeries, allowing for enhanced precision, dexterity, and control during complex procedures. Robotic systems are often used in a wide range of surgeries, including orthopedic, general, and cardiovascular surgeries, where high accuracy is critical.

The growing preference for minimally invasive surgeries, which require high precision and better control, has contributed significantly to the dominance of this segment. Robotic systems, such as the da Vinci Surgical System, have become synonymous with cutting-edge surgical technology, enabling surgeons to perform procedures with fewer complications and faster recovery times for patients. As the technology advances, robotic systems are becoming more accessible, cost-effective, and adaptable to various surgical needs, further cementing their position as the largest segment in the market.

AI-Based Surgical Robots Market Size

General Surgery is Fastest Growing Segment Due to Expanding Use of Robotic Assistance

General surgery is the fastest-growing application segment within the AI-based surgical robots market. As robotic systems become increasingly integrated into the surgical workflow, their use in general surgeries, such as appendectomies, hernia repairs, and gallbladder removals, is rapidly expanding. The advantages of robotic assistance in general surgery include improved precision, smaller incisions, and faster recovery times, which appeal to both patients and healthcare providers.

AI-based surgical robots assist surgeons in performing complex procedures with enhanced accuracy, enabling minimally invasive techniques that reduce patient trauma. The demand for robotic assistance in general surgery is rising as hospitals seek to improve surgical outcomes and reduce the risk of complications. Furthermore, the adoption of robotic systems in general surgery is bolstered by their ability to reduce the length of hospital stays, decrease healthcare costs, and enable surgeons to perform surgeries with greater efficiency. This growing adoption of robotic systems in general surgery is expected to drive the segment’s rapid growth.

Hospitals are Largest End User Owing to High Demand for Advanced Medical Equipment

Hospitals are the largest end users of AI-based surgical robots, driven by the increasing demand for advanced surgical equipment to improve patient outcomes and surgical precision. Hospitals, particularly large medical centers and academic institutions, are at the forefront of adopting AI-based surgical robots as they seek to integrate cutting-edge technologies into their surgical departments. Robotic systems are used across a variety of surgical disciplines in hospitals, from general surgery to more specialized procedures such as neurosurgery and orthopedic surgery.

The hospital sector benefits from AI-based surgical robots by improving the overall efficiency of the operating room, reducing the need for highly invasive procedures, and shortening patient recovery times. With a growing emphasis on patient safety and the demand for precision in surgeries, hospitals are increasingly investing in robotic technologies. The adoption of AI in hospitals is also driven by the need to provide patients with the best possible care, as well as the potential for cost savings in the long term through reduced hospital stays and faster recoveries. As AI-based surgical robots continue to evolve, their use in hospitals is expected to remain the dominant end-user segment.

North America is Largest Region Owing to Advanced Healthcare Infrastructure and Technological Adoption

North America is the largest region in the AI-based surgical robots market, owing to its advanced healthcare infrastructure, high healthcare spending, and early adoption of innovative medical technologies. The United States, in particular, is a leader in the development and use of AI-powered robotic systems in surgery. The region’s hospitals and surgical centers are at the forefront of adopting AI-based technologies to improve surgical outcomes and enhance the efficiency of medical procedures. Additionally, North America’s strong research and development sector has played a key role in driving the technological advancements that have made robotic surgery more effective and widely available.

The growing demand for minimally invasive surgeries, coupled with the increasing focus on precision medicine and improving patient recovery rates, is fueling the growth of AI-based surgical robots in North America. Furthermore, regulatory frameworks in the U.S. and Canada are well-established, ensuring that new technologies are introduced safely and effectively. As AI-based surgical robots continue to evolve, North America is expected to maintain its position as the largest market, leading the way in both adoption and innovation.

AI-Based Surgical Robots Market Size by Region 2030

Leading Companies and Competitive Landscape

The AI-based surgical robots market is highly competitive, with a mix of established companies and new entrants driving innovation and technological advancements. Leading players in the market include Intuitive Surgical, Medtronic, Stryker, Johnson & Johnson (Ethicon), and Intuitive Surgical. These companies are at the forefront of AI-powered surgical robotics, providing a wide range of robotic systems, instruments, and accessories used across various surgical specialties.

The competitive landscape is characterized by continuous innovation in AI, robotics, and surgical techniques. Companies are investing heavily in research and development to improve the functionality of their robotic systems, with a focus on enhancing the precision, autonomy, and cost-effectiveness of these technologies. Additionally, partnerships with healthcare providers and medical institutions are helping to expand the reach and adoption of AI-based surgical robots. The market is also witnessing increasing competition from smaller, specialized companies offering niche robotic solutions for specific types of surgeries. As demand for AI-based surgical solutions grows, the competitive landscape will continue to evolve, with companies striving to meet the needs of both surgeons and patients through technological advancements and improved surgical outcomes.

Recent Developments:

  • In October 2024, Intuitive Surgical announced AI-powered updates to its da Vinci robotic system, improving surgical planning and real-time analytics.
  • In September 2024, Stryker launched its next-generation AI-assisted robotic arm for orthopedic surgeries, enhancing implant accuracy.
  • In August 2024, Medtronic introduced a new AI-enabled visualization system integrated with its Hugo robotic platform.
  • In July 2024, CMR Surgical announced the expansion of its AI-driven Versius robotic system into the U.S. market.
  • In June 2024, Johnson & Johnson unveiled a collaboration to advance machine learning algorithms for its Ottava surgical robotic system.

List of Leading Companies:

  • Intuitive Surgical Inc.
  • Stryker Corporation
  • Medtronic plc
  • Smith & Nephew plc
  • Zimmer Biomet Holdings Inc.
  • Johnson & Johnson
  • Asensus Surgical Inc.
  • Globus Medical Inc.
  • Corindus Vascular Robotics (Siemens Healthineers)
  • Renishaw plc
  • THINK Surgical Inc.
  • Vicarious Surgical Inc.

Report Scope:

Report Features

Description

Market Size (2023)

USD 7.5 billion

Forecasted Value (2030)

USD 31.3 billion

CAGR (2024 – 2030)

22.8%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

AI-Based Surgical Robots Market By Product Type (Robotic Systems, Instruments and Accessories, Services), By Application (General Surgery, Orthopedic Surgery, Neurosurgery, Cardiovascular Surgery, Gynecological Surgery), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Intuitive Surgical Inc., Stryker Corporation, Medtronic plc, Smith & Nephew plc, Zimmer Biomet Holdings Inc., Johnson & Johnson, Asensus Surgical Inc., Globus Medical Inc., Corindus Vascular Robotics (Siemens Healthineers), Renishaw plc, THINK Surgical Inc., Vicarious Surgical Inc

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. AI-Based Surgical Robots Market, by Product Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Robotic Systems

   4.2. Instruments and Accessories

   4.3. Services

5. AI-Based Surgical Robots Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. General Surgery

   5.2. Orthopedic Surgery

   5.3. Neurosurgery

   5.4. Cardiovascular Surgery

   5.5. Gynecological Surgery

   5.6. Others

6. AI-Based Surgical Robots Market, by End User (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Hospitals

   6.2. Ambulatory Surgical Centers

   6.3. Specialty Clinics

7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America AI-Based Surgical Robots Market, by Product Type

      7.2.7. North America AI-Based Surgical Robots Market, by Application

      7.2.8. North America AI-Based Surgical Robots Market, by End User

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US AI-Based Surgical Robots Market, by Product Type

               7.2.9.1.2. US AI-Based Surgical Robots Market, by Application

               7.2.9.1.3. US AI-Based Surgical Robots Market, by End User

         7.2.9.2. Canada

         7.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. Intuitive Surgical Inc.

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   9.2. Stryker Corporation

   9.3. Medtronic plc

   9.4. Smith & Nephew plc

   9.5. Zimmer Biomet Holdings Inc.

   9.6. Johnson & Johnson

   9.7. Asensus Surgical Inc.

   9.8. Globus Medical Inc.

   9.9. Corindus Vascular Robotics (Siemens Healthineers)

   9.10. Renishaw plc

   9.11. THINK Surgical Inc.

   9.12. Vicarious Surgical Inc.

10. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the AI-Based Surgical Robots Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the AI-Based Surgical Robots Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - AI-Based Surgical Robots Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the AI-Based Surgical Robots ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the AI-Based Surgical Robots Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - AI-Based Surgical Robots Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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