Asia Pacific Surgical Robotics Market, By Product and Service (Robotic Systems, Instruments & Accessories and Services), By Application, By End-User, By Country - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Asia Pacific Surgical Robotics Market was valued at USD 1,955.45 million in 2023, expanding at a CAGR of 13.5% from 2024 to 2032.
Robotic surgery involves the utilization of a robotic device by the surgeon to perform the procedure. The device has a robotic arm capable of holding small surgical instruments. The surgeon controls the robotic arm through controllers and a viewing screen. It is important to note that robotic surgery does not substitute the role of the surgeon but rather serves as one of the various methods they employ. Healthcare providers opt for robotic surgery as an approach for minimally invasive procedures. Presently, robot-assisted surgery boasts an overall success rate ranging from 94% to 100%. However, individual success rates are contingent upon the specific procedure required, the patient\'s overall health, and other relevant factors.
Asia Pacific Surgical Robotics Market- Market Dynamics
Ø The increasing prevalence of chronic illnesses, the rapid growth of the elderly population, and the rising popularity of minimally invasive surgeries (MIS) are anticipated to fuel market expansion.
The ageing population in the Asia Pacific region is leading to an increased need for various surgical procedures, particularly in the fields of orthopedics, urology, and cardiovascular health. Elderly patients often require minimally invasive options to reduce recovery times and surgical risks. The growing preference for minimally invasive surgery among patients and surgeons is driving the demand for surgical robots. According to statistics from Wind Info, China\'s surgical robot market was estimated to be worth 12 billion yuan (USD 1.67 billion) by 2023. By 2026, the market is forecast to reach a total of 30 billion yuan, with a compound annual growth rate of 42.61 percent. Additionally, increased investments in healthcare infrastructure, particularly in emerging economies, are creating opportunities for the expansion of surgical robotics. However, the high initial costs may restrict market growth.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC SURGICAL ROBOTICS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
Ø Stryker Corporation
Ø Intuitive Surgical, Inc.
Ø Mazor Robotics
Ø THINK Surgical Inc.
Ø Smith & Nephew Plc. (Blue Belt Technologies, Inc.)
Ø CMR Surgical Ltd.
Ø Zimmer Biomet Holdings Inc.
Ø Medtronic Plc
Ø Renishaw Plc
Ø Others
ASIA PACIFIC SURGICAL ROBOTICS MARKET, BY PRODUCT AND SERVICE - MARKET ANALYSIS, 2019 - 2032
Ø Robotic Systems
Ø Instruments & Accessories
Ø Services
ASIA PACIFIC SURGICAL ROBOTICS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Ø Gynecological Surgery
Ø Urological Surgery
Ø Neurosurgery
Ø Orthopedic Surgery
Ø General Surgery
Ø Other
ASIA PACIFIC SURGICAL ROBOTICS MARKET, BY END-USER - MARKET ANALYSIS, 2019 - 2032
Ø Hospitals
Ø Ambulatory Surgery Centers
Ø Other
ASIA PACIFIC SURGICAL ROBOTICS MARKET, BY COUNTRY- MARKET ANALYSIS, 2019 - 2032
Ø India
Ø China
Ø South Korea
Ø Japan
Ø Australia
Ø Thailand
Ø Indonesia
Ø Philippines
Ø Rest of APAC
TABLE OF CONTENT
1. Asia Pacific Surgical Robotics Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Asia Pacific Surgical Robotics Market Snippet by Product and Service
2.1.2. Asia Pacific Surgical Robotics Market Snippet by Application
2.1.3. Asia Pacific Surgical Robotics Market Snippet by End-User
2.1.4. Asia Pacific Surgical Robotics Market Snippet by Country
2.2. Competitive Insights
3. Asia Pacific Surgical Robotics Key Market Trends
3.1. Asia Pacific Surgical Robotics Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Asia Pacific Surgical Robotics Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Asia Pacific Surgical Robotics Market Opportunities
3.4. Asia Pacific Surgical Robotics Market Future Trends
4. Asia Pacific Surgical Robotics Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Asia Pacific Surgical Robotics Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Asia Pacific Surgical Robotics Market Landscape
6.1. Asia Pacific Surgical Robotics Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Asia Pacific Surgical Robotics Market – By Product and Service
7.1. Overview
7.1.1. Segment Share Analysis, By Product and Service, 2023 & 2032 (%)
7.1.2. Robotic Systems
7.1.3. Instruments & Accessories
7.1.4. Services
8. Asia Pacific Surgical Robotics Market – By Application
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
8.1.2. Gynecological Surgery
8.1.3. Urological Surgery
8.1.4. Neurosurgery
8.1.5. Orthopedic Surgery
8.1.6. General Surgery
8.1.7. Other
9. Asia Pacific Surgical Robotics Market – By End-User
9.1. Overview
9.1.1. Segment Share Analysis, By End-User, 2023 & 2032 (%)
9.1.2. Hospitals
9.1.3. Ambulatory Surgery Centers
9.1.4. Other
10. Asia Pacific Surgical Robotics Market– By Geography
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
10.2. Asia Pacific (APAC)
10.2.1. Overview
10.2.2. Asia Pacific Surgical Robotics Key Manufacturers in Asia Pacific
10.2.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.2.4. Asia Pacific Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.5. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.6. Asia Pacific Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.7. India
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.7.3. India Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.7.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.7.5. India Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.8. China
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.8.3. China Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.8.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.8.5. China Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.9. Japan
10.2.9.1. Overview
10.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.9.3. Japan Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.9.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.9.5. Japan Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.10. South Korea
10.2.10.1. Overview
10.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.10.3. South Korea Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.10.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.10.5. South Korea Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.11. Australia
10.2.11.1. Overview
10.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.11.3. Australia Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.11.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.11.5. Australia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.12. Thailand
10.2.12.1. Overview
10.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.12.3. Thailand Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.12.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.12.5. Thailand Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.13. Indonesia
10.2.13.1. Overview
10.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.13.3. Indonesia Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.13.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.13.5. Indonesia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.14. Philippines
10.2.14.1. Overview
10.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.14.3. Philippines Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.14.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.14.5. Philippines Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.15. Rest of APAC
10.2.15.1. Overview
10.2.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.15.3. Rest of APAC Market Size and Forecast, By Product and Service, 2019 - 2032 (US$ Million)
10.2.15.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.15.5. Rest of APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11. Key Vendor Analysis- Asia Pacific Surgical Robotics Industry
11.1. Competitive Dashboard
11.2. Company Profiles
11.2.1. Stryker Corporation
11.2.2. Intuitive Surgical, Inc.
11.2.3. Mazor Robotics
11.2.4. THINK Surgical Inc.
11.2.5. Smith & Nephew Plc. (Blue Belt Technologies, Inc.)
11.2.6. CMR Surgical Ltd.
11.2.7. Zimmer Biomet Holdings Inc.
11.2.8. Medtronic Plc
11.2.9. Renishaw Plc
11.2.10. Others
12. 360 Degree Analyst View
13. Appendix
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us
