Micro Surgical Robot Industry is expanding at a CAGR of 11.3% forecast 2022-2032 | Stryker, Corindus Inc

The micro surgical robot market size was USD 1.5 billion in 2022 and it is anticipated to grow further to over USD 4.6 billion by 2032, at a CAGR of nearly 11.3% during the forecast period.

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Market Trends and Drivers

Compared to other surgical approaches, minimally invasive surgeries have a variety of benefits, including fewer complications from minor incisions, less discomfort and scarring, and shorter hospital stays. Robotic microsurgeries are low-risk procedures that can reduce surgical site infections. The robotic system’s micro instruments enable surgical involvement through a tiny incision, which is otherwise impossible with manual surgery. Additionally, easy access to micro tools is encouraging other major manufacturers to enter the market for microsurgery robots.

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Global Micro Surgical Robot Market Segmentation

By Component

  • Instruments
  • Accessories

By Application

  • Urology surgery
  • Plastic reconstructive surgery
  • Ophthalmic surgery
  • Neurosurgery
  • Lymphatic surgery
  • ENT surgery
  • Others

By End User

  • Hospitals & Clinics
  • Ambulatory Surgical Centers
  • Research Institutes
  • Others

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Major Players in the Global Micro Surgical Robot Market

The report analyses the major players such as Stryker, Corindus Inc (Siemens Healthineers), Medtronic, Intuitive Surgical, Meerecompany, Smith & Nephew, Medrobotics corporation, Auris Health (Johnson & Johnson), Zimmer Biomet, Titan Medical, and TransEnterix Surgical among others.

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