The Europe surgical robotics market is forecasted to grow with a CAGR of 10.68% during the estimated period of 2021 to 2028. The increased prevalence of chronic conditions owing to the surge in the geriatric population, the development of robotic surgery, especially for lung cancer and thymus—thymoma, and the rising acceptance of robotic surgical procedures, are among the key factors associated with the region’s surgical robotics market growth.

EUROPE SURGICAL ROBOTICS MARKET FORECAST 2021-2028

Europe Surgical Robotics Market by Product & Service (Robotic Systems, Instruments & Accessories, Services) Market by Application (Gynecological Surgery, Urological Surgery, Neurosurgery, Orthopedic Surgery, General Surgery, Other Applications) Market by End-user (Hospitals, Ambulatory Surgery Centers) and by Geography

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The Europe surgical robotics market is forecasted to grow with a CAGR of 10.68% during the estimated period of 2021 to 2028. The increased prevalence of chronic conditions owing to the surge in the geriatric population, the development of robotic surgery, especially for lung cancer and thymus—thymoma, and the rising acceptance of robotic surgical procedures, are among the key factors associated with the region’s surgical robotics market growth.
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The Europe surgical robotics market growth includes an in-depth analysis of Italy, Russia, Poland, Germany, Belgium, France, the United Kingdom, and the rest of Europe. The pace of innovation in the United Kingdom continues to increase with the growing volume of research, delivering improved surgical care and innovative surgical treatments. Moreover, collaborations with industries, in addition to the support of small and medium enterprises (SMEs) in the country, facilitate significant developments in surgical procedures.

On the other hand, Germany is considered a leader in terms of medical technology adoption and innovation. The nation’s government also allocated €3 billion to assist the digitization of hospitals in 2020. Subsequently, in 2021, the SMR expanded into a potentially lucrative market through the installation of Versius at Klinikum Chemnitz, a revolutionary teaching and public hospital recognized for its digitally integrated healthcare solutions. Therefore, these factors are set to fuel the market growth in Europe over the forecasting years.

With its headquarters in the United Kingdom, Smith & Nephew PLC is an international medical devices business, operational across markets such as advanced wound management, orthopedics, and endoscopy. It caters to surgeons, nurses and nurse specialists, payers and administrators, physicians and general practitioners, healthcare systems, retail consumers, and procurement groups and patients. The company has manufacturing facilities as well as distribution hubs in Europe, the Asia-Pacific, North America, and the Middle East & Africa.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • ARTIFICIAL INTELLIGENCE AND OTHER TECHNOLOGICAL ADVANCEMENTS
        • GROWING NUMBER OF ROBOTICS IN HEALTHCARE INDUSTRY
        • INCREASING GERIATRIC POPULATION
      • KEY RESTRAINTS
        • HIGHER COST OF SURGICAL ROBOTS
        • SAFETY AND SECURITY
        • LACK OF TRAINING IN ROBOTIC SURGERIES
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON SURGICAL ROBOTICS MARKET
      • KEY MARKET TRENDS
      •    PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY PRODUCT & SERVICE
      • ROBOTIC SYSTEMS
      • INSTRUMENTS & ACCESSORIES
      • SERVICES
    3. MARKET BY APPLICATION
      • GYNECOLOGICAL SURGERY
      • UROLOGICAL SURGERY
      • NEUROSURGERY
      • ORTHOPEDIC SURGERY
      • GENERAL SURGERY
      • OTHER APPLICATIONS
    4. MARKET BY END-USER
      • HOSPITALS
      • AMBULATORY SURGERY CENTERS
    5. GEOGRAPHICAL ANALYSIS
      •    EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY DRIVERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PARTNERSHIPS & AGREEMENTS
      • COMPANY PROFILES
        • ACCURAY INCORPORATED
        • ASENSUS SURGICAL INC
        • AURIS HEALTH INC
        • CMR SURGICAL
        • GLOBUS MEDICAL INC
        • INTUITIVE SURGICAL INC
        • MEDROBOTICS CORPORATION
        • MEDTRONIC PLC
        • SMITH & NEPHEW PLC
        • STEREOTAXIS INC
        • STRYKER CORPORATION
        • SYNAPTIVE MEDICAL INC
        • THINK SURGICAL INC
        • TITAN MEDICAL INC
        • ZIMMER BIOMET HOLDINGS INC

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – SURGICAL ROBOTICS

    TABLE 2: TOP COUNTRIES WITH LARGEST PERCENTAGE OF OLDER POPULATION

    TABLE 3: EUROPE SURGICAL ROBOTICS MARKET, BY PRODUCT & SERVICE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 4: EUROPE SURGICAL ROBOTICS MARKET, BY PRODUCT & SERVICE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 5: EUROPE SURGICAL ROBOTICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 6: EUROPE SURGICAL ROBOTICS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 7: EUROPE SURGICAL ROBOTICS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 8: EUROPE SURGICAL ROBOTICS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 9: EUROPE SURGICAL ROBOTICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 10: EUROPE SURGICAL ROBOTICS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 11: SURGICAL OPERATIONS PERFORMED IN TOP EUROPEAN COUNTRIES PER 1,00,000 PEOPLE

    TABLE 12: KEY PLAYERS IN EUROPE SURGICAL ROBOTICS MARKET

    TABLE 13: LIST OF MERGERS & ACQUISITIONS

    TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: EUROPE SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY PRODUCT & SERVICE, IN 2020

    FIGURE 6: EUROPE SURGICAL ROBOTICS MARKET, BY ROBOTIC SYSTEMS, 2021-2028 (IN $ MILLION)

    FIGURE 7: EUROPE SURGICAL ROBOTICS MARKET, BY INSTRUMENTS & ACCESSORIES, 2021-2028 (IN $ MILLION)

    FIGURE 8: EUROPE SURGICAL ROBOTICS MARKET, BY SERVICES, 2021-2028 (IN $ MILLION)

    FIGURE 9: EUROPE SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 10: EUROPE SURGICAL ROBOTICS MARKET, BY GYNECOLOGICAL SURGERY, 2021-2028 (IN $ MILLION)

    FIGURE 11: EUROPE SURGICAL ROBOTICS MARKET, BY UROLOGICAL SURGERY, 2021-2028 (IN $ MILLION)

    FIGURE 12: EUROPE SURGICAL ROBOTICS MARKET, BY NEUROSURGERY, 2021-2028 (IN $ MILLION)

    FIGURE 13: EUROPE SURGICAL ROBOTICS MARKET, BY ORTHOPEDIC SURGERY, 2021-2028 (IN $ MILLION)

    FIGURE 14: EUROPE SURGICAL ROBOTICS MARKET, BY GENERAL SURGERY, 2021-2028 (IN $ MILLION)

    FIGURE 15: EUROPE SURGICAL ROBOTICS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

    FIGURE 16: EUROPE SURGICAL ROBOTICS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

    FIGURE 17: EUROPE SURGICAL ROBOTICS MARKET, BY HOSPITALS, 2021-2028 (IN $ MILLION)

    FIGURE 18: EUROPE SURGICAL ROBOTICS MARKET, BY AMBULATORY SURGERY CENTERS, 2021-2028 (IN $ MILLION)

    FIGURE 19: EUROPE SURGICAL ROBOTICS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 20: UNITED KINGDOM SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    FIGURE 21: GERMANY SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    FIGURE 22: FRANCE SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    FIGURE 23: ITALY SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    FIGURE 24: RUSSIA SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    FIGURE 25: BELGIUM SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    FIGURE 26: POLAND SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    FIGURE 27: REST OF EUROPE SURGICAL ROBOTICS MARKET 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      •    EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY DRIVERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY PRODUCT & SERVICE
      • ROBOTIC SYSTEMS
      • INSTRUMENTS & ACCESSORIES
      • SERVICES
    2. MARKET BY APPLICATION
      • GYNECOLOGICAL SURGERY
      • UROLOGICAL SURGERY
      • NEUROSURGERY
      • ORTHOPEDIC SURGERY
      • GENERAL SURGERY
      • OTHER APPLICATIONS
    3. MARKET BY END-USER
      • HOSPITALS
      • AMBULATORY SURGERY CENTERS

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