South Korea Surgical Robots Market Size & Outlook
South Korea surgical robots market, 2016-2030 (US$M)
Related Markets
South Korea surgical robots market highlights
- The South Korea surgical robots market generated a revenue of USD 118.3 million in 2023 and is expected to reach USD 541.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 24.3% from 2024 to 2030.
- In terms of segment, urology was the largest revenue generating application in 2023.
- Neurology is the most lucrative application segment registering the fastest growth during the forecast period.
Surgical robots market data book summary
| Market revenue in 2023 | USD 118.3 million |
| Market revenue in 2030 | USD 541.4 million |
| Growth rate | 24.3% (CAGR from 2023 to 2030) |
| Largest segment | Urology |
| Fastest growing segment | Neurology |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Orthopedics, Neurology, Urology, Gynecology |
| Key market players worldwide | Intuitive Surgical Inc, Medtronic PLC, Renishaw PLC, Smith & Nephew PLC, Stryker Corp, THINK Surgical, Asensus Surgical Inc Ordinary Shares, Zimmer Biomet Holdings Inc, Medrobotics |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global surgical robots market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan surgical robots market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 705.6 million by 2030.
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Surgical Robots Market Scope
Surgical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 45.65% in 2023. Horizon Databook has segmented the South Korea surgical robots market based on orthopedics, neurology, urology, gynecology covering the revenue growth of each sub-segment from 2016 to 2030.
- South Korea Surgical Robots Application Outlook (Revenue, USD Million, 2016-2030)
- Orthopedics
- Neurology
- Urology
- Gynecology
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea surgical robots market , including forecasts for subscribers. This country databook contains high-level insights into South Korea surgical robots market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea surgical robots market size, by application, 2016-2030 (US$M)
South Korea Surgical Robots Market Outlook Share, 2023 & 2030 (US$M)
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