- PatentVest releases a comprehensive report on the $188 billion surgical robotics market.
- Intuitive Surgical (ISRG) remains the dominant patent holder but faces increasing competition.
- Fewer than 6% of global surgeries involve robots, a figure limited by cost and complexity.
PatentVest has unveiled its latest report titled "The Next Era of Surgical Robotics," offering a detailed analysis of the $188 billion surgical robotics market. The study examines over 18,000 patent families and $4 billion in M&A activity, revealing a rapidly evolving competitive and intellectual property landscape. Despite 310 million surgeries conducted globally each year, robotic assistance is utilized in less than 6% of these procedures, primarily due to cost, complexity, and deployment constraints.
The report identifies key players within the market, with Intuitive Surgical (ISRG) at the forefront as the leading patent holder. However, its dominance shows signs of slowing as new challengers gain momentum in patent filings, including companies like Vicarious Surgical and CMR Surgical. Established giants Medtronic (MDT) and Johnson & Johnson (JNJ) continue to anchor the market with robust commercial and regulatory infrastructures.
The report also highlights emerging public and venture-backed platforms, such as Vicarious Surgical, Microbot Medical, and CMR Surgical, that are advancing in fields like endovascular, dental, and NOTES applications. These companies are aligning their IP portfolios and regulatory milestones in strategic ways, aiming to replicate the successful acquisition paths of predecessors like MAKO, Auris, and Mazor.
Will Rosellini, Chief IP Officer at PatentVest, remarked that major platforms, such as Mako and Auris, began as venture-backed entities with strong IP and regulatory positioning, underscoring the potential for current challengers to evolve into significant market players or become attractive acquisition targets.
The full PatentVest Pulse report is now available, providing comprehensive insights into the future trajectory of surgical robotics. For access to the report or further inquiries, contact [email protected].
