According to a comprehensive study by Intellectual Market Insights Research, the global Surgical Robotics Market size was valued at USD 2.88 Billion in 2023 and is projected to reach USD 5.49 Billion by 2032.

Surgical Robotics Market Size, Share & Trends Analysis Report By Application, By End-use, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2024 - 2032

Growing at a CAGR of 11.2% from 2024 to 2032.

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1. Accuray Incorporated

Founded: 1990

Headquarters: Sunnyvale, California, USA

Website: http://www.accuray.com/

About Us: Accuray Incorporated is a radiation oncology company that develops, manufactures, and sells innovative solutions that revolve around the latest technological advancements in treatment planning and delivery. Their products include the CyberKnife and TomoTherapy systems, which are designed to improve patient outcomes and reduce side effects by delivering precise radiation doses to tumors while minimizing exposure to surrounding healthy tissue.

The company had nearly 1,000 employees and had revenue of $400 Million.

2. CMR Surgical Ltd.

Founded: 2014

Headquarters: Cambridge, United Kingdom           

Website: https://www.cmrsurgical.com/

About Us: CMR Surgical Ltd. is a British medical device company that focuses on developing and providing innovative robotic surgical systems. Their flagship product, the Versius Surgical Robotic System, is designed to enhance the precision, control, and dexterity of surgeons during minimally invasive procedures. CMR Surgical aims to make robotic surgery accessible and affordable, improving patient outcomes and expanding the adoption of robotic-assisted surgery globally.

The company had nearly 750 employees and had revenue of $369.8 Million.

3. Intuitive Surgical

Founded: 1995

Headquarters: Sunnyvale, California, USA

Website: https://www.intuitive.com/

About Us: Intuitive Surgical, Inc. is a leading global technology company in the field of minimally invasive care and the pioneer of robotic-assisted surgery. Their flagship product, the da Vinci Surgical System, enables surgeons to perform complex procedures with enhanced precision, dexterity, and control. Intuitive Surgical is dedicated to advancing healthcare through innovative surgical technology and improving patient outcomes.

The company had nearly 12,000 employees and had revenue of $5.71 Billion.

4. Johnson & Johnson

Founded: 1886

Headquarters: New Brunswick, New Jersey, USA

Website: https://www.jnj.com/

About Us: Johnson & Johnson is a multinational corporation that develops medical devices, pharmaceuticals, and consumer packaged goods. As one of the world's most comprehensive and broadly based healthcare companies, Johnson & Johnson is committed to improving health and well-being through innovation. Their products range from baby care, skin and hair care, wound care, and essential health products to life-saving drugs and medical devices.

The company had nearly 150,000 employees and had revenue of $95 Billion.

5. Medrobotics Corporation

Founded: 2005

Headquarters: Raynham, Massachusetts, USA

Website: https://www.medrobotics.com/

About Us: Medrobotics Corporation is a medical robotics company that has developed the Flex® Robotic System, a minimally invasive, steerable robotic scope that enables surgeons to access and visualize hard-to-reach anatomical locations. The company's mission is to provide more patients with access to minimally invasive surgical procedures, thereby improving outcomes and reducing recovery times.

The company had nearly 100 employees and had revenue of $7.1 Million.

6. Medtronic

Founded: 1949

Headquarters: Dublin, Ireland

Website: https://www.medtronic.com/

About Us: Medtronic plc is a global leader in medical technology, services, and solutions. The company develops and manufactures medical devices and therapies to treat a wide range of chronic diseases, including cardiac and vascular conditions, diabetes, neurological and spinal disorders, and more. Medtronic's mission is to alleviate pain, restore health, and extend life for millions of people around the world.

The company had nearly 95,000 employees and had revenue of $31 Billion.

7. Midea Group Co., Ltd.

Founded: 1968

Headquarters: Beijiao, Shunde District, Foshan, Guangdong, China

Website: https://www.midea.com/

About Us: Midea Group Co., Ltd. is a leading global manufacturer of consumer appliances and HVAC (heating, ventilation, and air conditioning) systems. The company offers a wide range of products, including air conditioners, refrigerators, washing machines, kitchen appliances, and small home appliances. Midea is known for its innovation, high-quality products, and commitment to improving the quality of life for consumers around the world.

The company had nearly 150,000 employees and had revenue of $41 Billion.

8. Renishaw plc

Founded: 1973

Headquarters: Wotton-under-Edge, Gloucestershire, England, UK           

Website: https://www.renishaw.com/

About Us: Renishaw plc is a global engineering and scientific technology company that specializes in precision measurement and healthcare. The company develops innovative products for metrology, healthcare, and additive manufacturing. Renishaw’s technologies include precision measurement systems, industrial metrology, Raman spectroscopy, and medical devices. Their mission is to improve the efficiency and quality of manufacturing processes and healthcare outcomes.

The company had nearly 5,000 employees and had revenue of $829.69 Million.

9. Smith and Nephew

Founded: 1856

Headquarters: Watford, Hertfordshire, England, UK     

Website: https://www.smith-nephew.com/

About Us: Smith & Nephew is a global medical technology company specializing in advanced wound management, orthopaedic reconstruction, sports medicine, and ENT (ear, nose, and throat) care. The company develops, manufactures, and sells innovative medical products and services that aim to improve patient outcomes and enhance the quality of life for people worldwide. Their mission is to help healthcare professionals to get their patients back to their daily lives faster and more effectively.

The company had nearly 17,500 employees and had revenue of $5.2 Billion.

10. Stryker Corporation

Founded: 1941

Headquarters: Kalamazoo, Michigan, USA

Website: https://www.stryker.com/

About Us: Stryker Corporation is a leading medical technologies firm that provides innovative products and services in orthopedics, medical and surgical, and neurotechnology and spine. The company's diverse array of products includes joint replacement implants, surgical equipment and navigation systems, endoscopic and communications systems, patient handling and emergency medical equipment, as well as neurosurgical, neurovascular, and spinal devices. Stryker is dedicated to improving healthcare by offering solutions that improve patient outcomes and help healthcare professionals perform their jobs more effectively.

The company had nearly 46,000 employees and had revenue of $18.4 Billion.

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