Surgical robotics market to double by 2029: report

The global surgical robotics market, currently valued in the billions, is projected to double by 2029, according to a comprehensive report from MassDevice’s Medtech Market Intelligence. Authored by Gayle Grimes, the nearly 100-page report offers detailed forecasts for both U.S. and international markets and analyzes major industry players such as Intuitive, Stryker, Zimmer Biomet, Johnson & Johnson, and Medtronic, among others. Intuitive remains the dominant provider in soft-tissue robotic systems with its next-generation da Vinci 5 multiport robot, while Stryker leads in orthopedic robotic surgery. Despite this, numerous companies are entering the space, indicating significant competitive activity and growth potential. The report highlights that robotic-assisted surgeries currently account for only about 2.5% of the 10 million major operating room procedures performed annually in the U.S., suggesting substantial room for market expansion domestically. It provides extensive insights into surgical robotics procedures, technologies, innovations, market trends,