Robotic Surgery Consumables Market Size was valued at USD 5.0 Bn in 2023 and is predicted to reach USD 12.3 Bn by 2031 at a 12.06% CAGR during the forecast period for 2024-2031.
The integration of robotic surgery consumables into the healthcare sector has instigated transformative shifts, offering manifold advantages. These consumables have significantly elevated surgical precision, expanding the repertoire of procedures achievable with enhanced accuracy and efficacy. Patients reap the benefits of improved outcomes and expedited recovery periods, courtesy of the minimally invasive nature of robotic-assisted surgeries, reducing hospital stays and post-operative discomfort. Furthermore, the adoption of robotic systems has bolstered operating rooms' overall efficiency and productivity, empowering healthcare providers to cater to a larger patient population efficiently.
Moreover, the emergence of cost-effective robotic surgery platforms presents a lucrative opportunity for the consumer market. These platforms widen access to advanced surgical procedures, particularly in emerging markets, driving escalated demand for associated consumables. Additionally, intensified competition stimulates innovation in manufacturing processes, potentially leading to more accessible consumables. Overall, this trend not only amplifies the adoption of robotic surgery but also catalyzes growth and innovation within the consumer market.
The robotic surgery consumables market is segmented on the basis of product type, application and end-user. Based on product type, the market is segmented as end effectors, access and facilitation equipment, closures, and other consumables. By application, the market is segmented into general surgery, gynecology surgical procedure, urology surgical procedure, orthopedics surgical procedure, cardiology surgical procedure, head and neck surgical procedure, and other surgical procedures. By end-user, the market is segmented into hospitals, ambulatory surgical centers (ASCs) and others.
The global robotic surgery consumables market saw the general surgery segment holding the largest share. Notably, the landscape of healthcare robotics has witnessed significant technological advancements, profoundly influencing disease diagnosis and treatment methods. Integrating robotic assistance in general surgeries empowers surgeons to perform intricate procedures with heightened precision and flexibility. Robotic systems offer superior control over consumables used in robotic surgery, attributed to the remarkable talent of the instruments. Despite the generally shorter duration of conventional manual general surgeries than robotic procedures, empirical evidence suggests that robotic-assisted general surgery could lead to reduced blood loss and superior short-term outcomes. The da Vinci Xi, Senhance Robotic System, and Versius Robotic Systems are examples of robotic-assisted systems utilising robotic surgery consumables for general surgery.
The hospital segment emerged as the dominant end-user in the global robotic surgery consumables market. Hospitals notably lead in the acquisition of robotic surgery systems, consequently driving substantial consumption of related consumables. The surge in the adoption of robotic surgery systems can be attributed to significant factors like the escalating prevalence of chronic ailments and the expanding elderly demographic, resulting in a higher volume of annual procedures. A prominent industry trend involves collaborations among major manufacturers of robotic surgery systems and consumables, as well as hospitals.
The North American region presents significant market appeal for manufacturers of robotic surgery systems and consumables, owing to the widespread acceptance of advanced surgical technologies among patients and the presence of a robust and expansive healthcare industry. Within North America, the United States is anticipated to emerge as the primary revenue-generating country. The increasing prevalence of chronic diseases and the need for advanced surgical procedures are contributing to the growth of the robotic surgery consumables market in APAC. Additionally, supportive government initiatives, favorable reimbursement policies, and collaborations between healthcare providers and technology companies are further driving regional market expansion.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 5.0 Bn |
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Revenue Forecast In 2031 |
USD 12.3 Bn |
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Growth Rate CAGR |
CAGR of 12.06% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product Type, By Application, By End-user, and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Johnson & Johnson (Auris Health, Inc.), Intuitive Surgical, Inc., Medtronic plc. (Mazor Robotics), Zimmer Biomet Holdings (Medtech SA), Renishaw plc., Venus Concept (Restoration Robotics, Inc.), Smith & Nephew plc., Stereotaxis, Inc., Stryker Corporation (Mako Surgical Corporation), THINK Surgical, Inc., CMR Surgical Ltd., Meerecompany, Inc., Virtual Incision Corporation, and Asensus Surgical US, Inc. (Transenterix, Inc.). |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Robotic Surgery Consumables Market Snapshot
Chapter 4. Global Robotic Surgery Consumables Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product Type:
5.2.1. Access and Facilitation Equipment
5.2.1.1. Trocars
5.2.1.2. Needle Holders
5.2.1.3. Others
5.2.2. End Effectors
5.2.2.1. Graspers and Forceps
5.2.2.2. Dissectors
5.2.2.3. Stapling Instrumentation
5.2.2.4. Scissors
5.2.2.5. Drilling and Cutting Equipment
5.2.2.6. Others
5.2.3. Closure
5.2.4. Other Consumables
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. General Surgery
6.2.2. Gynecology Surgical Procedure
6.2.3. Urology Surgical Procedure
6.2.4. Orthopedic Surgical Procedure
6.2.5. Cardiology Surgical Procedure
6.2.6. Head and Neck Surgical Procedure
6.2.7. Other Surgical Procedures
Chapter 7. Market Segmentation 3: by End-User Estimates & Trend Analysis
7.1. by End-User & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-User:
7.2.1. Hospitals
7.2.2. Ambulatory Surgical Centers (ASCs)
7.2.3. Others
Chapter 8. Robotic Surgery Consumables Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2019-2031
8.1.2. North America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.1.3. North America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.1.4. North America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.2. Europe
8.2.1. Europe Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2019-2031
8.2.2. Europe Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.2.3. Europe Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.2.4. Europe Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.3. Asia Pacific
8.3.1. Asia Pacific Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2019-2031
8.3.2. Asia-Pacific Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.3.3. Asia Pacific Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.3.4. Asia Pacific Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.4. Latin America
8.4.1. Latin America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2019-2031
8.4.2. Latin America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.4.3. Latin America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.4.4. Latin America Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.5. Middle East & Africa
8.5.1. Middle East & Africa Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2019-2031
8.5.2. Middle East & Africa Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.5.3. Middle East & Africa Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.5.4. Middle East & Africa Robotic Surgery Consumables Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Johnson & Johnson (Auris Health, Inc.)
9.2.2. Intuitive Surgical, Inc.
9.2.3. Medtronic plc. (Mazor Robotics)
9.2.4. Zimmer Biomet Holdings (Medtech SA)
9.2.5. Renishaw plc.
9.2.6. Venus Concept (Restoration Robotics, Inc.)
9.2.7. Smith & Nephew plc.
9.2.8. Stryker Corporation (Mako Surgical Corporation)
9.2.9. THINK Surgical, Inc.
9.2.10.CMR Surgical Ltd.
9.2.11.B. Braun SE (Aesculap)
9.2.12.Meerecompany, Inc.
9.2.13.Virtual Incision Corporation
9.2.14.Asensus Surgical US, Inc. (Transenterix, Inc.)
9.2.15.Other Prominent Players
Global Robotic Surgery Consumables Market- By Product Type
Global Robotic Surgery Consumables Market- By Application
Global Robotic Surgery Consumables Market- By End-User
Global Robotic Surgery Consumables Market- By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
