Market Share of Surgical Robots Industry
The Global surgical robot market gained a competitive edge in recent years. The major firms with a sizable market share are concentrating on growing their consumer bases abroad. To grow their market shares and profitability, the corporations are using strategic joint ventures and mergers and acquisitions.
In August 2022, THINK Surgical, Inc., an innovator in orthopedic surgical robots, announced entering into a development and distribution agreement with South Korea-based Curexo, Inc., a medical robotics specialist company.
In June 2022, Intuitive, a global technology innovator in minimally invasive care and the pioneer of robotic-assisted surgery, announced that the U.S. Food and Drug Administration had cleared the integration of a mobile cone-beam CT (CBCT) imaging technology and the Ion Endoluminal System used for robotic-assisted bronchoscopy.
In January 2022, CMR Surgical, engaged in the surgical robotics business, announced the successful completion of high-volume urological procedures at the Sindh Institute of Urology and Transplantation (SIUT) using the next-generation surgical robotic system, Versius, in Pakistan.
Surgical Robots Market Leaders
Intuitive Surgical Inc.
Stryker Corporation
Accuray Incorporated
CMR Surgical
Renishaw PLC
*Disclaimer: Major Players sorted in no particular order
