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What Is the Growth Rate of the AI-based Surgical Robots Market?

The market size for surgical robots powered by Artificial Intelligence (AI) has seen fast-paced growth in recent years. The estimated growth is projected from $6.72 billion in 2024 to $8.02 billion in 2025, signaling a compound annual growth rate (CAGR) of 19.3%. The accelerated growth during the historic period is linked to factors such as an age-old population, the preference for minimally invasive surgeries, an increase in healthcare spending, a rising emphasis on patient safety, and a heightened prevalence of chronic diseases.

What Growth Rate Is Forecasted for the AI-based Surgical Robots Market by 2029?

The market for AI-powered surgical robots is predicted to experience a fast expansion in the coming years. The market size is projected to reach $15.1 billion by 2029, with a compound annual growth rate (CAGR) of 17.1%. This predicted surge during the forecast period is due to several factors such as the rise in telemedicine and remote surgical operations, increased investments, a greater number of robotic surgeries, and a lack of medical specialists. Key trends for this period include the integration of artificial intelligence and machine learning, robotics-as-a-service (raas), miniaturization for easier transport, surgical data analytics, surgery planning customized to each patient, and collaboration across various disciplines.

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Which Key Companies Are Shaping the Future of the AI-based Surgical Robots Market?

Major companies operating in the AI-based surgical robots market include Accuray Incorporated, Intuitive Surgical Inc., Medtronic plc, Medrobotics Corporation, Zimmer Biomet Holdings Inc., Stereotaxis Inc., Transenterix Inc., Stryker Corporation, Activ Surgical Inc., Titan Medical Inc., CMR Surgical Inc., Smith and Nephew plc, Auris Health Inc., Corindus Vascular Robotics Inc., EndoMaster Pte Ltd., Freehand 2010 Ltd., Globus Medical Inc., Hansen Medical Inc., Johnson & Johnson, Memic Innovative Surgery Ltd., Microbot Medical Inc., Neural Analytics Inc., Renishaw plc, Restoration Robotics Inc., Synaptive Medical Inc., Think Surgical Inc., XACT Robotics Ltd., Zavation Medical Products LLC, Vicarious Surgical Inc., Asensus Surgical Inc., Brainlab AG, Corin Group plc, IMRIS Inc.

Which Factors Are Driving Demand in the AI-based Surgical Robots Industry?

The surge in the utilization of technically sophisticated robots by surgeons for diverse uses has fueled the expansion of the AI-based surgical robots industry. Robots are mechanized devices capable of carrying out pre-set tasks. With the progression in technology, AI is also being employed to enhance the efficiency, precision, and operation of robots. AI-based surgical robots find application in several surgeries and specialties such as neurology, urology, ENT, thoracic surgery, colorectal surgery, among others. For example, in 2023, as per Oliver Wyman, a management consulting organization based in the US, robotic surgery was used in 2% of surgeries conducted across Europe and about 15% in the US. Thus, the escalating utilization of advanced robots by surgeons for multiple uses is fueling the surge of the AI-based surgical robot market.

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How Is the AI-based Surgical Robots Market Segmented by Several Divisions?

The AI-based surgical robots market covered in this report is segmented –

1) By Product: Services, Instrument and Accessories

2) By Application: Orthopedics, Neurology, Urology, Gynecology, Other Applications

3) By End User: Hospitals, Ambulatory Surgical Centers

Subsegments:

1) By Services: Installation and Commissioning Services, Training and Support Services, Maintenance and Repair Services

2) By Instruments and Accessories: Surgical Instruments, Vision Systems and Cameras, Software for Surgical Planning and Navigation, Consumables and Disposable Accessories, Integration Solutions, Specialized Robotic Systems

What are the Emerging Market Trends Driving the Growth of the AI-based Surgical Robots Industry?

The emergence of innovative products is a significant trend that’s gaining traction in the AI-based surgical robots market. Numerous prominent businesses in this market are creating novel products to solidify their market stance. For instance, Suzhou Kang Duo Robot Co., a medical company based in China, introduced the Kang Duo Surgical Robot-01 (KD SR 01) in December 2022. The instrument performed a robot-assisted radical pyeloplasty, demonstrating its superiority over traditional techniques like laparoscopic surgery by requiring less time.

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Which Regions Are Driving Growth in the AI-based Surgical Robots Market?

North America was the largest region in the AI-based surgical robots market in 2024. Asia-Pacific is expected to be the fastest-growing region in the AI-based surgical robots market share during the forecast period. The regions covered in the AI-based surgical robots market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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This Report Delivers Insight On:

1. How big is the ai-based surgical robots market, and how is it changing globally?

2. Who are the major companies in the ai-based surgical robots market, and how are they performing?

3. What are the key opportunities and risks in the ai-based surgical robots market right now?

4. Which products or customer segments are growing the most in the ai-based surgical robots market?

5. What factors are helping or slowing down the growth of the ai-based surgical robots market?

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