AI-based Surgical Robots Market Size & Share, by Type (Hardware, Services); Application, End use - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 6464
  • Published Date: Sep 20, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

AI-based Surgical Robots Market size is estimated at USD 6.6 billion in 2024 and is anticipated to reach USD 46.9 billion by the end of 2037, growing at around 16.3% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of AI-based surgical robots is evaluated at USD 7.6 billion.

The AI-based surgical robots market is expanding due to the burgeoning cases of chronic disease which often require surgical intervention. For instance, according to a 2020 report published by the National Library of Medicine (NLM) every year, 310 million major procedures are performed worldwide, including around 40 to 50 million in the U.S. and 20 million in Europe. Several chronic conditions involve complex surgeries that benefit from the precision and accuracy of AI-assisted robotics, improving patient outcomes. According to the World Health Organization, noncommunicable diseases (NCDs) account for 41 million annual deaths worldwide, or 74% of all fatalities.

Additionally, technological advancement that includes improved imaging modalities such as 3D visualization and real-time imaging, allow for better preoperative planning and intraoperative navigation. Advanced machine learning algorithms enable robots to analyze complex data, improving decision-making during surgeries and enhancing precision.


AI-based Surgical Robots Market Overview
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AI-based Surgical Robots Market: Growth Drivers and Challenges

Growth Drivers

  • Increased adoption in minimally invasive procedures: AI-based surgical robots are being adopted rapidly due to their improved control and precision in minimally invasive treatments, which are less stressful for patients and lead to faster recovery times. Also, AI-driven devices can help avoid surgical errors by giving real-time input on possible concerns such as bleeding or instrument collisions.

    Moreover, researchers are focusing on the development of various frameworks to train surgical robots to perform most complex procedures efficiently. For instance, in 2024, researchers from the University of Toronto, UC Berkeley, ETH Zurich, Georgia Tech, and NVIDIA created ORBIT-Surgical, a simulation framework for training robots that could improve surgical teams' abilities while lightening the cognitive load on surgeons.
  • Growing investments from private organizations and governments: The development of AI-based surgical technologies is receiving more funding from governmental and commercial organizations, which is propelling AI-based surgical robots market expansion. Furthermore, the development and uptake of AI-based surgical robots are being accelerated by the growing funding of robotics and AI research in healthcare from governments and healthcare organizations. For instance, in 2024,  Abridge AI, Inc., a leading provider of generative AI for clinical documentation, announced a USD 150 million capital increase, capitalizing on the quick adoption of their solution by health systems across the country.
  • Increasing technological advancements: Sophisticated robotic systems that combine AI capabilities enhance dexterity and control, allowing for more intricate surgical procedures. AI-driven analytics can assess patient outcomes and optimize surgical techniques, leading to continuous improvement in surgical practices. Moreover, innovations in telecommunication enable surgeries, expanding access to expert surgeons and improving patient outcomes in underserved areas. For instance, telesurgery uses robotics and cameras to allow surgeons to perform operations from any location with a high-speed data connection. The implications are great for medicine in developing nations and the military

Challenges

  • Regulatory approvals: The complicated and time-consuming process of obtaining regulatory approvals can prevent AI-driven robotic surgical systems from being widely used. To promote innovation and assess the safety and effectiveness of these systems, regulatory organizations must set precise rules.
  • Growing cyber threats: Cybersecurity concerns are raised by the growing use of AI systems in surgery, as these technologies may be hacked or malfunction and endanger patient safety. Strong security protocols are necessary to guarantee these systems' dependability and integrity.

AI-based Surgical Robots Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

16.3%

Base Year Market Size (2024)

USD 6.6 billion

Forecast Year Market Size (2037)

USD 46.9 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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AI-based Surgical Robots Segmentation

 Type (Hardware, Services)

Hardware segment is set to account for AI-based surgical robots market share of more than 71.2% by the end of 2037. The market growth can be attributed to the growing adoption of hardware technologies to enhance surgical outcomes and reduce complications. This includes sophisticated robotic arms, personalized equipment, and integrated imaging systems that combine AI with medical expertise to improve care quality. Also, AI-based surgical robots mostly rely on sophisticated imaging systems, including intraoperative imaging, 3D imaging, and real-time visualization tools to guide surgical procedures. Since the high-performance of these imaging devices is essential for accurate and minimally invasive procedures, demand for them is growing.

Application (General Surgery, Gynecology Surgery, Urologic Surgery, Orthopedic Surgery, Neurosurgery)

In AI-based surgical robots market, general surgery segment is expected to account for revenue share of more than 33.2% by the end of 2037. The segment growth can be attributed to the aging population and the increasing incidences of chronic diseases are surging the demand for efficient and reliable solutions such as AI-based robots. According to the United Nations Organization, globally, the population 65 years of age or older is expected to double by 2050, from USD 761 million in 2021 to USD 1.6 billion. The population of those 80 years and above is also rapidly increasing, further providing an impetus to AI-based surgical robots market growth.

Furthermore, general surgery frequently necessitates extended concentration and physical effort from doctors. By helping with activities that require extreme precision, AI-based robots may alleviate a part of this load, lowering surgeon fatigue and enhancing surgical outcomes overall.

End use (Hospitals, Ambulatory Surgical Centers)

By 2037, hospital segment is likely to account for AI-based surgical robots market share of around 62% owing to the growing demand of complex surgical procedures. AI-based surgical robots are especially advantageous to hospitals that provide specialty surgical treatments, such as cardiology, neurology, and oncology. These robots assist in performing difficult surgeries that require extreme precision and quick decision-making. Hospitals are searching for surgical solutions that are adaptable to different kinds of surgeries that are both scalable and versatile. AI-driven surgical robots present an appealing option for hospitals seeking to enhance their capabilities due to their adaptable, modular designs that can be customized for various surgical procedures.

Our in-depth analysis of the global AI-based surgical robots market includes the following segments

Type

  • Hardware
  • Services

Application

  • General Surgery
  • Gynecology Surgery
  • Urologic Surgery
  • Orthopedic Surgery
  • Neurosurgery

End use

  • Hospitals
  • Ambulatory Surgical Centers 

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AI-based Surgical Robots Industry - Regional Synopsis

North America Market Statistics

North America in AI-based surgical robots market is likely to hold more than 41.2% revenue share by 2037. The market is expanding due to the increasing adoption of advanced medical technologies and an established cutting-edge healthcare infrastructure. Furthermore, the increased adoption of AI-powered surgical robots and minimally invasive surgical techniques will accelerate the region’s market growth.

The regulatory framework in the U.S. supports the use of AI-based surgical technology. Regulatory agencies including the FDA offer streamlined procedures for approving medical products, such as AI-driven surgical robots, hastening their release onto the AI-based surgical robots market. For instance, in 2024, the FDA approved the MIRA Surgical System, the world's first tiny robotic-assisted surgery (miniRAS) equipment, for people undergoing colectomy procedures.

In Canada, incentives from the public and private sectors supporting innovation in healthcare are propelling the nation's adoption of AI-powered surgical robots. Also, the need for AI-based surgical robots, which can increase the accuracy and efficacy of these crucial treatments, is driven by the increased incidence of cancer and other illnesses that require sophisticated surgeries. According to the Government of Canada, 229,200 Canadians received a cancer diagnosis in 2021.

APAC Market Analysis

By 2037, AI-based surgical robots AI-based surgical robots market is predicted to hold more than 22% share. The market expansion can be ascribed to the rise in chronic disease patients and the increased awareness of the benefits of using robotic, minimally invasive, automated medical technologies. Furthermore, the increasing regional expansion of leading manufacturers will stimulate market growth.

In China, AI-based surgical robots are becoming a common curriculum in medical schools and training facilities. This training increases the demand for robotic-assisted procedures in clinical practice by preparing the next generation of surgeons to use them. For instance, in 2023, a new robotic surgery training center was opened by the CITRIS-China cooperation. Students from the U.S., China, and other Asia-Pacific nations can study the minimally invasive methods provided by robotic surgery.

In India, cooperation between private technology firms and public healthcare facilities is accelerating the creation and use of AI-based surgical robots. This collaboration ensures that cutting-edge technologies are quickly incorporated into the healthcare system and fosters innovation.

Research Nester
AI-based Surgical Robots Market Share
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Companies Dominating the AI-based Surgical Robots Market

    The AI-based surgical robots market is quite competitive. Leading companies are creating next-generation surgical robots that can perform a greater variety of tasks and are more adaptable and user-friendly. These robots are meant to provide surgeons with better haptic feedback, be more agile, and be more compact.

    • Accuracy Incorporated
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Asensus Surgical, Inc.
    • CMR Surgical, Inc.
    • Intuitive Surgical, Inc.
    • Medtronic plc
    • Meere Company Inc.
    • Stryker Corporation
    • Smith and Nephew
    • Activ Surgical, Inc.
    • Titan Medical Inc.

In the News

  • In December 2021, Accuray Incorporated announced that the Japanese Ministry of Health, Labor, and Welfare (Shonin) approved the CyberKnife Robotic Radiosurgery System for treating trigeminal neuralgia (TN) in Japan. The technique is now being utilized to treat TN in the United States, EIMEA, and other regions of the world.
  • In September 2023, Asensus Surgical, Inc., a medical device company that is digitizing the interface between the surgeon and the patient to pioneer a new era of Performance-Guided Surgery, announced collaboration with NVIDIA to accelerate the development of Asensus' Intelligent Surgical Unit (ISU) and improve its ability to deliver novel clinical intelligence to surgeons.

Author Credits:  Radhika Pawar


  • Report ID: 6464
  • Published Date: Sep 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of AI-based surgical robots was over USD 6.6 billion.

The market size for AI-based surgical robots is projected to cross USD 46.9 billion by the end of 2037 expanding at a CAGR of 16.3% during the forecast period i.e., between 2025-2037.

The major players in the market are Accuracy Incorporated, Asensus Surgical, Inc., CMR Surgical, Inc., Intuitive Surgical, Inc., Medtronic plc, Meere Company Inc., Stryker Corporation, Smith and Nephew, Activ Surgical, Inc., Titan Medical Inc., and others.

The hardware segment is anticipated to garner a share/size of 71.2% during 2025-2037.

The North America AI-based surgical robots sector is poised to hold a 41.2% share by the end of 2037.
AI-based Surgical Robots Market Report Scope
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