Canada Surgical Robots Market Size & Outlook, 2025-2033
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Canada surgical robots market highlights
- The Canada surgical robots market generated a revenue of USD 270.4 million in 2024 and is expected to reach USD 733.2 million by 2033.
- The Canada market is expected to grow at a CAGR of 12.5% from 2025 to 2033.
- In terms of segment, urology was the largest revenue generating application in 2024.
- Orthopedics is the most lucrative application segment registering the fastest growth during the forecast period.
Surgical robots market data book summary
| Market revenue in 2024 | USD 270.4 million |
| Market revenue in 2033 | USD 733.2 million |
| Growth rate | 12.5% (CAGR from 2025 to 2033) |
| Largest segment | Urology |
| Fastest growing segment | Orthopedics |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Urology, General Surgery, Gynecology, Orthopedics, Cardiothoracic, Neurosurgery, ENT (Otolaryngology), Bariatric / Metabolic, Other (vascular, pediatric, plastics) |
| Key market players worldwide | Intuitive Surgical Inc, Medrobotics, Medtronic PLC, Renishaw PLC, Smith and Nephew, Stryker Corporation, THINK Surgical, Zimmer Biomet Holdings Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 6.3% of the global surgical robots market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. surgical robots market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 733.2 million by 2033.
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Surgical Robots Market Scope
Surgical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smith and Nephew | View profile | - | - | - |
| Stryker Corporation | View profile | - | - | - |
| THINK Surgical | View profile | 101-250 | Fremont, California, United States, North America | http://thinksurgical.com |
| Medrobotics | View profile | 101-250 | Raynham, Massachusetts, United States, North America | http://medrobotics.com |
| Renishaw PLC | View profile | 5175 | New Mills, Wotton-under-Edge, Gloucestershire, United Kingdom, GL12 8JR | https://www.renishaw.com |
| Intuitive Surgical Inc | View profile | 13676 | 1020 Kifer Road, Sunnyvale, CA, United States, 94086-5304 | https://www.intuitive.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
Canada surgical robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surgical robots market will help companies and investors design strategic landscapes.
Urology was the largest segment with a revenue share of 28.99% in 2024. Horizon Databook has segmented the Canada surgical robots market based on urology, general surgery, gynecology, orthopedics, cardiothoracic, neurosurgery, ent (otolaryngology), bariatric / metabolic, other (vascular, pediatric, plastics) covering the revenue growth of each sub-segment from 2021 to 2033.
Various factors contributing to market growth in the country include presence of key market players in the country and increasing usage of surgical robots in orthopedics. Canada is situated in close proximity to the U.S. and has similar rules & regulations related to medical devices in the country.
This has attracted many U.S. players to the Canada market and is anticipated to drive the market over the forecast period. Moreover, the da Vinci System by Intuitive Surgical has been widely adopted in the country for orthopedics and urology application and is enjoying a strong monopoly in the country.
Furthermore, many new companies are entering the market and attracting new customers. These factors are anticipated to drive market growth in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada surgical robots market , including forecasts for subscribers. This country databook contains high-level insights into Canada surgical robots market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Canada surgical robots market size, by application, 2021-2033 (US$M)
Canada Surgical Robots Market Outlook Share, 2024 & 2033 (US$M)
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