Surgical Robots Market Outlook:
Surgical Robots Market size was valued at USD 7 billion in 2024 and is projected to reach USD 28.2 billion by the end of 2037, rising at a CAGR of 16.9% during the forecast timeline, 2025 to 2037. In 2025, the industry size of the surgical robot is estimated at USD 8.5 billion.
The patient pool for surgical robots is expanding rapidly, driven by the increasing demand for minimally invasive procedures, especially in advanced economies with aging populations. According to the U.S. National Institutes of Health (NIH), conditions such as cardiovascular diseases, cancer, and musculoskeletal disorders have resulted in a rising number of surgical interventions, many of which are now being performed with robotic assistance. For example, data from the National Health Service (NHS) in the UK indicates that the demand for robotic surgeries has surged by over 29% in the past five years alone, particularly in orthopaedics and urology. These increasing patient needs are expanding the target market for robotic surgery providers, who must adjust to accommodate both the growing number of procedures and the rising complexity of surgical techniques.
In terms of supply dynamics, the globalized trade and assembly of surgical robots require complex supply chains for key components. The production process needs raw materials such as high-quality metals for operating robotic arms, optics, and AI automation software. The assembly is probably undertaken in regions of high-tech manufacturing capability. Moreover, trade in surgical robotics will require sustained investment in research, development, and deployment (RDD) for continued reach into surgical robotics.
