Medtronic PLCReceived FDA clearance for its Hugo surgical robot system in urology, a concrete regulatory milestone in this market.
A new report from ResearchAndMarkets.com projects the global surgical robots market will grow from USD 10.6 billion in 2026 to USD 22.9 billion by 2035, a compound annual growth rate of about 8.9%. The expansion is driven by demand for minimally invasive surgery, AI integration, and compact systems that lower capital costs. North America is expected to lead the market, while Asia-Pacific is forecast to see the fastest growth. Key players include Intuitive Surgical, Medtronic, Johnson & Johnson, and Stryker. Recent developments include Medtronic's FDA clearance for its Hugo system in urology and a partnership between Ronovo Surgical and Johnson & Johnson Medical Shanghai.
Medtronic PLCReceived FDA clearance for its Hugo surgical robot system in urology, a concrete regulatory milestone in this market.
Intuitive Surgical IncNamed as a key player in a surgical robots market projected to nearly double by 2035 on minimally invasive surgery demand.
Johnson & JohnsonNamed as a key player and its J&J Medical Shanghai unit partnered with Ronovo Surgical in the growing surgical robotics market.
Stryker CorporationNamed as a key player in the surgical robots market forecast to grow to $22.9 billion by 2035.
Abbott LaboratoriesFormed a partnership with Johnson & Johnson Medical Shanghai in the surgical robotics space.