Urology Robotic Surgery Market
Urology Robotic Surgery Market Size, Share & Trends Analysis Report by Component (Robotic Surgery Systems, Instruments, Accessories, and Services), by Type (Robot Machines, Navigation Systems, Planners, Simulators, and Others), and by Application (Robotic Prostatectomy, Robotic Cystectomy, Robotic Pyeloplasty, Robotic Nephrectomy, and Others), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Urology robotic surgery market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements in robotic surgery systems, increasing prevalence of urological disorders, and rising adoption of robotic surgery by healthcare providers. As a result of all these factors, the market players are focusing on adopting new strategies such as partnerships and other to stay competitive in the market by offering updated medical facilities. For instance, in January 2019, Accuray Incorporated and The Urology Group (TUG) partnered to provide prostate cancer patient support. With this partnership TUG physicians treated the center's 1,600th prostate cancer patient using the CyberKnife® M6™ System, a radiotherapy device that specializes in delivering stereotactic body radiation therapy (SBRT) treatments with sub-millimeter precision. The system's unique design and advanced treatment planning software help enable physicians to avoid healthy tissue and minimize side effects on urinary, bowel, and sexual function that can reduce a man's quality of life.
Segmental Outlook
The global urology robotic surgery market is segmented based on component, and application. Based on the component, the market is sub-segmented into robotic surgery systems, instruments, accessories, and services. Based on the type, the market is augmented into robot machines, navigation systems, planners, simulators, and others. Further, based on the application, the market is categorized into robotic prostatectomy, robotic cystectomy, robotic pyeloplasty, robotic nephrectomy, and others. Among the application segment, robotic prostatectomy is anticipated to hold a prominent market share owing to the growing demand for robotic technology to conduct prostatectomy surgeries across the globe.
The Robotic Surgery Systems Sub-Segment is Anticipated to Showcase Considerable Growth Over the Forecast Period
Among the component segment, the robotic surgery systems sub-segment is anticipated to register significant growth over the forecast period. The segmental growth is primarily attributed to the launches of new and advanced robotic surgery systems for effective and precise surgeries. For instance, in June 2020, Accuray Incorporated launched the CyberKnife® S7™ System, a device combining speed, advanced precision, and real-time artificial intelligence (AI)-driven motion tracking and synchronization treatment delivery for all stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT) treatments in 15 minutes. The CyberKnife S7 System is the next-generation CyberKnife platform, a robotic, non-invasive radiation therapy device capable of treating cancerous and benign tumors throughout the body.
Regional Outlooks
The global urology robotic surgery market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Europe market is anticipated to cater to a prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the urology robotic surgery market. The regional growth of the market is attributed to growing advancements in robotic technology in the region.
Global Urology Robotic Surgery Market Growth, by Region 2023-2030
The North American Region is Anticipated to Hold a Significant Share of the Global Urology Robotic Surgery Market
Among all regions, the North American region is anticipated to account for a significant share of the urology robotic surgery market during the forecast period. According to the American Cancer Society’s estimates for prostate cancer in the US for 2023, there are about 288,300 new cases of prostate cancer and about 34,700 casualties from prostate cancer. The growing prevalence of urology-related health conditions such as prostate cancer, kidney stone, and others have been creating substantial demand for new and innovative solutions for treatments. Additionally, the expansion of hospitals with robotics technology in the field of urology is another factor anticipated to drive market growth in North America. For instance, in October 2021, Industry pioneers US Urology Partners created a Robotic Surgery Institute at Central Ohio Urology Surgery Center to advance the use of robotics technology in the field of urology.
Market Players Outlook
The major companies serving the global Urology Robotic Surgery market include Accuray Incorporated, Blue Belt Technologies Ltd., CMR Surgical, Intuitive Surgical Inc., Johnson & Johnson, Medtronic Plc, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2021, Surgical Science Sweden AB acquired 100% shares of Mimic Technologies Inc. and the dormant subsidiary Mimic Medical Education and Development LLC. Through the acquisition Surgical Science further expanded its customer base within the robotic surgery segment, gains access to technology for data collection/ advanced analytics, and strengthens its footprint in the highly developed and competitive American market.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global urology robotic surgery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Hansen Medical, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Medtronic Plc
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Stryker Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Urology Robotic Surgery Market by Component
4.1.1. Robotic Surgery Systems
4.1.2. Instruments
4.1.3. Accessories
4.1.4. Services
4.2. Global Urology Robotic Surgery Market by Type
4.2.1. Robot Machines
4.2.2. Navigation Systems
4.2.3. Planners
4.2.4. Simulators
4.2.5. Others
4.3. Global Urology Robotic Surgery Market by Application
4.3.1. Robotic Prostatectomy
4.3.2. Robotic Cystectomy
4.3.3. Robotic Pyeloplasty
4.3.4. Robotic Nephrectomy
4.3.5. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Accuray Incorporated
6.2. Blue Belt Technologies Ltd.
6.3. CMR Surgical
6.4. Intuitive Surgical Inc.
6.5. Johnson & Johnson
6.6. Mazor Robotics Ltd. (Medtronic)
6.7. PROCEPT BioRobotics Corp.
6.8. Renishaw plc
6.9. SafeStitch Medical, Inc.
6.10. Stryker Corp.
6.11. Surgical Science Sweden AB
6.12. Titan Medical Inc.
6.13. Think Surgical Inc.
6.14. MAKO Surgical Corp.
6.15. Stanmore Implants Worldwide, Ltd.
1. GLOBAL UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
2. GLOBAL ROBOTIC SURGERY SYSTEMS IN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL INSTRUMENTS IN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL ACCESSORIES IN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL SERVICES IN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
7. GLOBAL UROLOGY ROBOTIC SURGERY BY ROBOTIC MACHINES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL UROLOGY ROBOTIC SURGERY BY NAVIGATION SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL UROLOGY ROBOTIC SURGERY BY PLANNERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL UROLOGY ROBOTIC SURGERY BY SIMULATORS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
12. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC PROSTATECTOMY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC CYSTECTOMY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC PYELOPLASTY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC NEPHRECTOMY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL UROLOGY ROBOTIC SURGERY FOR OTHERS APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. NORTH AMERICAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. NORTH AMERICAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
20. NORTH AMERICAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
21. NORTH AMERICAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
22. EUROPEAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. EUROPEAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
24. EUROPEAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
25. EUROPEAN UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
30. REST OF THE WORLD UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
31. REST OF THE WORLD UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
32. REST OF THE WORLD UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD UROLOGY ROBOTIC SURGERY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL UROLOGY ROBOTIC SURGERY MARKET SHARE BY COMPONENT, 2022 VS 2030 (%)
2. GLOBAL ROBOTIC SURGERY SYSTEMS IN UROLOGY ROBOTIC SURGERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL INSTRUMENTS IN UROLOGY ROBOTIC SURGERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL ACCESSORIES IN UROLOGY ROBOTIC SURGERY BY MARKET SHARE REGION, 2022 VS 2030 (%)
5. GLOBAL SERVICES IN UROLOGY ROBOTIC SURGERY BY MARKET SHARE REGION, 2022 VS 2030 (%)
6. GLOBAL UROLOGY ROBOTIC SURGERY MARKET SHARE BY TYPE, 2022 VS 2030 (%)
7. GLOBAL UROLOGY ROBOTIC SURGERY BY ROBOTIC MACHINES MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL UROLOGY ROBOTIC SURGERY BY NAVIGATION SYSTEMS MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL UROLOGY ROBOTIC SURGERY BY PLANNERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL UROLOGY ROBOTIC SURGERY BY SIMULATORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL UROLOGY ROBOTIC SURGERY MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
12. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC PROSTATECTOMY MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC CYSTECTOMY MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC PYELOPLASTY MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL UROLOGY ROBOTIC SURGERY FOR ROBOTIC NEPHRECTOMY MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL UROLOGY ROBOTIC SURGERY FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL UROLOGY ROBOTIC SURGERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. US UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
19. CANADA UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
20. UK UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
21. FRANCE UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
22. GERMANY UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
23. ITALY UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
24. SPAIN UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
25. REST OF EUROPE UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
26. INDIA UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
27. CHINA UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
28. JAPAN UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
29. SOUTH KOREA UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
30. REST OF ASIA-PACIFIC UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
31. REST OF THE WORLD UROLOGY ROBOTIC SURGERY MARKET SIZE, 2022-2030 ($ MILLION)
