Market by Type, Application, Vertical, and Country Outlook | Forecast 2024-2032
According to Triton’s analysis, the Europe surgical robotics market is projected to rise at a CAGR of 9.31% in revenue over the forecast years 2024-2032.
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In Europe, the surge in surgical robotics adoption is driven by advancements in technology, offering precision, imaging, and miniaturization. Rising chronic disease rates, particularly cardiovascular issues and cancer, increase the demand for advanced surgical interventions. The EU4Health program, with a €5.3 billion budget for 2021-27, highlights the EU’s commitment to prioritizing public health. Such government initiatives supporting healthcare infrastructure and R&D investments accelerate innovation in surgical robotics technology.
The countries explored in this region include:
Germany secured a major market share in 2023 with $733.39 million.
Robotic-assisted surgery has gained significant traction in the country, with more than 60,000 procedures performed annually across 200 hospitals.
The expansion of Germany’s surgical robotics market is propelled by the rise in chronic illnesses among the aging population.
Thus, with a growing preference for minimally invasive surgeries, the role of surgical robotics becomes essential in addressing these clinical demands.
Surgical Robots Market Forecast for France
France’s surgical robotics market experiences notable growth due to its focus on precision medicine and personalized healthcare. The increasing need for customized surgical approaches, particularly in oncology, drives the adoption of robotic-assisted procedures. This is evident in complex oncological surgeries like prostatectomies and hysterectomies, highlighting the market’s adaptation to evolving clinical demands and its positive influence on patient outcomes.
The surgical robots market is segmented based on application, type, and vertical. The application segment comprises gynecological surgery, orthopedic surgery, urological surgery, general surgery, neurosurgery, and other applications. Gynecological surgeons utilize a slender, illuminated scope and miniature instruments managed via a robotic system to address various conditions impacting a woman’s reproductive organs.
The major players in the studied market are CMR Surgical Ltd, Ethicon, Accuracy Incorporated, Globus Medical, Smith & Nephew, Zimmer Biomet Holdings Inc, Intuitive Surgical, Medtronic Plc, Stryker Corporation, and Stereotaxis Inc.
CMR Surgical Ltd is a medical device company that is experienced in developing universal robotic systems for minimal access surgery. It provides ‘Versius’, a next-generation robotic system to meet complicated laparoscopic surgery requirements. It is headquartered in Cambridge, the United Kingdom.
Latest from the Company:
As of March 2024, the highly adaptable surgical robot ‘Versius’ conducted over 20,000 surgical procedures across seven specialties. Its compact design enables usage in over 75% of hospitals, supported by a robust digital ecosystem for data collection and sharing insights with surgeons and medical facilities.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the surgical robots market revenue growth in Europe and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the European surgical robotics market’s growth during the upcoming years
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1. EUROPE
SURGICAL ROBOTICS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. TECHNOLOGY
SNAPSHOT
2.2. PARENT
MARKET ANALYSIS: MEDICAL AND SURGICAL ROBOTICS MARKET
2.3. IMPACT
ANALYSIS ON THE SURGICAL ROBOTICS MARKET
2.3.1. COVID-19
IMPACT ON THE SURGICAL ROBOTICS MARKET
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTES
2.4.3. BARGAINING
POWER OF BUYERS
2.4.4. BARGAINING
POWER OF SUPPLIERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. TECHNOLOGY
2.5.2. COST
2.5.3. SAFETY
2.6. KEY
MARKET STRATEGIES
2.6.1. COLLABORATIONS
2.6.2. PRODUCT
LAUNCHES
2.6.3. ACQUISITIONS
2.6.4. BUSINESS
EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. RISE
IN THE GERIATRIC POPULATION AND INCREASING NUMBER OF SURGERIES
2.7.2. INCORPORATION
OF ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML) IN ROBOTIC SURGERY
SYSTEMS
2.7.3. SURGE
IN ADOPTION OF ROBOTICS IN THE HEALTHCARE INDUSTRY
2.8. MARKET
CHALLENGES
2.8.1. RISKS
IN ROBOTIC SURGERY
2.8.2. SIGNIFICANT
INSTALLATION COSTS
2.8.3. SHORTAGE
OF SKILLED WORKFORCE
2.9. MARKET
OPPORTUNITIES
2.9.1. GROWING
APPLICATIONS OF ARTIFICIAL INTELLIGENCE
2.9.2. INTEGRATION
OF BIG DATA IN SURGICAL ROBOTICS
2.9.3. ENHANCED
ACCURACY WITH MINIATURE ROBOTS
2.10. ANALYST
PERSPECTIVE
2.10.1. BENEFITS
OF AUTOMATED MICROSURGERY
2.10.2. ADVANCEMENTS
IN MINIMALLY INVASIVE SURGERIES
2.10.3. SURGE
IN DEMAND FOR ROBOTIC TELESURGERY
3. EUROPE
SURGICAL ROBOTICS MARKET – BY TYPE
3.1. ROBOTIC
SYSTEMS
3.2. INSTRUMENTS
& ACCESSORIES
3.3. SERVICES
4. EUROPE
SURGICAL ROBOTICS MARKET – BY APPLICATION
4.1. GYNECOLOGICAL
SURGERY
4.2. UROLOGICAL
SURGERY
4.3. NEUROSURGERY
4.4. ORTHOPEDIC
SURGERY
4.5. GENERAL
SURGERY
4.6. OTHER
APPLICATIONS
5. EUROPE
SURGICAL ROBOTICS MARKET – BY VERTICAL
5.1. HOSPITALS
5.2. AMBULATORY
SURGERY CENTERS
5.3. OTHER
VERTICALS
6. EUROPE
SURGICAL ROBOTICS MARKET – BY COUNTRY OUTLOOK
6.1. EUROPE
6.1.1. COUNTRY
ANALYSIS
6.1.1.1. UNITED
KINGDOM
6.1.1.1.1. UNITED
KINGDOM SURGICAL ROBOTICS MARKET FORECAST & PROSPECTS
6.1.1.2. GERMANY
6.1.1.2.1. GERMANY
SURGICAL ROBOTICS MARKET FORECAST & PROSPECTS
6.1.1.3. FRANCE
6.1.1.3.1. FRANCE
SURGICAL ROBOTICS MARKET FORECAST & PROSPECTS
6.1.1.4. ITALY
6.1.1.4.1. ITALY
SURGICAL ROBOTICS MARKET FORECAST & PROSPECTS
6.1.1.5. SPAIN
6.1.1.5.1. SPAIN
SURGICAL ROBOTICS MARKET FORECAST & PROSPECTS
6.1.1.6. REST
OF EUROPE
6.1.1.6.1. REST
OF EUROPE SURGICAL ROBOTICS MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. ACCURACY
INCORPORATED
7.1.1. OVERVIEW
7.1.2. PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGES
7.2. CMR
SURGICAL LTD
7.2.1. OVERVIEW
7.2.2. PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGES
7.3. ETHICON
7.3.1. OVERVIEW
7.3.2. PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGES
7.4. GLOBUS
MEDICAL
7.4.1. OVERVIEW
7.4.2. PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGES
7.5. INTUITIVE
SURGICAL
7.5.1. OVERVIEW
7.5.2. PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGES
7.6. SMITH
& NEPHEW
7.6.1. OVERVIEW
7.6.2. PORTFOLIO
7.6.3. KEY
STRENGTHS
7.6.4. KEY
CHALLENGES
7.7. MEDTRONIC
PLC
7.7.1. OVERVIEW
7.7.2. PORTFOLIO
7.7.3. KEY
STRENGTHS
7.7.4. KEY
CHALLENGES
7.8. STRYKER
CORPORATION
7.8.1. OVERVIEW
7.8.2. PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGES
7.9. ZIMMER
BIOMET HOLDINGS INC
7.9.1. OVERVIEW
7.9.2. PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGES
7.10. STEREOTAXIS
INC
7.10.1. OVERVIEW
7.10.2. PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGES
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE
1: EUROPE SURGICAL ROBOTICS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $ MILLION)
TABLE
2: LIST OF COLLABORATIONS
TABLE
3: LIST OF PRODUCT LAUNCHES
TABLE
4: LIST OF ACQUISITIONS
TABLE
5: LIST OF BUSINESS EXPANSIONS
TABLE
6: EUROPE SURGICAL ROBOTICS MARKET, BY TYPE, 2024-2032 (IN $ MILLION)
TABLE
7: EUROPE SURGICAL ROBOTICS MARKET, BY APPLICATION, 2024-2032 (IN $ MILLION)
TABLE
8: EUROPE SURGICAL ROBOTICS MARKET, BY VERTICAL, 2024-2032 (IN $ MILLION)
TABLE
9: EUROPE SURGICAL ROBOTICS MARKET, BY COUNTRY OUTLOOK, 2024-2032 (IN $
MILLION)
FIGURE
1: TECHNOLOGY SNAPSHOT
FIGURE
2: PORTER’S FIVE FORCES ANALYSIS
FIGURE
3: KEY BUYING IMPACT ANALYSIS
FIGURE
4: EUROPE SURGICAL ROBOTICS MARKET, BY TYPE, 2023 & 2032 (IN %)
FIGURE
5: EUROPE SURGICAL ROBOTICS MARKET, BY ROBOTIC SYSTEMS, 2024-2032 (IN $
MILLION)
FIGURE
6: EUROPE SURGICAL ROBOTICS MARKET, BY INSTRUMENTS & ACCESSORIES, 2024-2032
(IN $ MILLION)
FIGURE
7: EUROPE SURGICAL ROBOTICS MARKET, BY SERVICES, 2024-2032 (IN $ MILLION)
FIGURE
8: EUROPE SURGICAL ROBOTICS MARKET, BY APPLICATION, 2023 & 2032 (IN %)
FIGURE
9: EUROPE SURGICAL ROBOTICS MARKET, BY GYNECOLOGICAL SURGERY, 2024-2032 (IN $
MILLION)
FIGURE
10: EUROPE SURGICAL ROBOTICS MARKET, BY UROLOGICAL SURGERY, 2024-2032 (IN $
MILLION)
FIGURE
11: EUROPE SURGICAL ROBOTICS MARKET, BY NEUROSURGERY, 2024-2032 (IN $ MILLION)
FIGURE
12: EUROPE SURGICAL ROBOTICS MARKET, BY ORTHOPEDIC SURGERY, 2024-2032 (IN $
MILLION)
FIGURE
13: EUROPE SURGICAL ROBOTICS MARKET, BY GENERAL SURGERY, 2024-2032 (IN $
MILLION)
FIGURE
14: EUROPE SURGICAL ROBOTICS MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $
MILLION)
FIGURE
15: EUROPE SURGICAL ROBOTICS MARKET, BY VERTICAL, 2023 & 2032 (IN %)
FIGURE
16: EUROPE SURGICAL ROBOTICS MARKET, BY HOSPITALS, 2024-2032 (IN $ MILLION)
FIGURE
17: EUROPE SURGICAL ROBOTICS MARKET, BY AMBULATORY SURGERY CENTERS, 2024-2032
(IN $ MILLION)
FIGURE
18: EUROPE SURGICAL ROBOTICS MARKET, BY OTHER VERTICALS, 2024-2032 (IN $
MILLION)
FIGURE
19: EUROPE SURGICAL ROBOTICS MARKET, BY COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE
20: UNITED KINGDOM SURGICAL ROBOTICS MARKET 2024-2032 (IN $ MILLION)
FIGURE
21: GERMANY SURGICAL ROBOTICS MARKET 2024-2032 (IN $ MILLION)
FIGURE
22: FRANCE SURGICAL ROBOTICS MARKET 2024-2032 (IN $ MILLION)
FIGURE
23: ITALY SURGICAL ROBOTICS MARKET 2024-2032 (IN $ MILLION)
FIGURE
24: SPAIN SURGICAL ROBOTICS MARKET 2024-2032 (IN $ MILLION)
FIGURE
25: REST OF EUROPE SURGICAL ROBOTICS MARKET 2024-2032 (IN $ MILLION)