Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Medical Robots Market: By Type: Surgical Robotic Systems, Rehabilitative Robotic Systems, Non-invasive Radiosurgery Robots, Hospital and Pharmacy Robotic Systems; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Events and Developments

Global Medical Robots Market Outlook

The global medical robots market stood at a value of around USD 10.4 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 22.30% to reach USD 34.6 billion by 2027.

 

Neurosurgery is Predicted to Hold a Significant Market Share in Medical Robots Industry over the Forecast Period

Based on application, neurosurgery is predicted to hold a significant market share in the medical robots industry during the forecast period due to improvement in the quality and accuracy of medical robots, increased safety, minimally invasive surgical procedure, rising cases of brain related disorders, considerable cost savings, and faster recovery periods due to minimally invasive surgical procedure. These factors are expected to aid the growth of the market.

 

Global Medical Robots Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

North America Secured the Largest Market Share and is Anticipated to Retain its Dominance

Geographically, North America dominates the global medical robots industry due to the rapid growth in demand for surgical robots, hospital robots, and others, along with an increasing focus of major market players to fulfil the demand for advanced medical solutions within the region. Moreover, an increasing number of research and development activities related to the medical sector and the growing approval for robotics based research funds will also propel the growth of the medical robots industry.

 

Medical Robots: Market Segmentation

The combination of medical science and artificial intelligence technology has inspired the invention of medical robots. These robotic solutions provide precision lasers and miniaturised cameras to conduct minimally invasive surgery, including cystectomy, prostatectomy, and many other procedures.

By type, the industry can be segmented into:

  • Surgical Robotic Systems 
  • Rehabilitative Robotic Systems
  • Non-invasive Radiosurgery Robots
  • Hospital and Pharmacy Robotic Systems
  • Others

Based on application, the industry can be segmented into:

  • Cardiology 
  • Laparoscopy
  • Pharmacy 
  • Neurosurgery
  • Orthopaedic Surgery
  • Others

On the basis of end use, the industry can be segmented into:

  • Hospitals and Clinics 
  • Speciality Centres 
  • Rehabilitation Centres 
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rapid Technological Improvements to Bolster the Growth of the Global Medical Robots Industry

The rising demand for advanced medical solutions and the growing healthcare sector are aiding the growth of the global medical robots industry. The growth in medical robotics is propelled by a combination of technological improvements, advancement in medical imaging solutions, such as magnetic resonance imaging, higher resolutions, and 3D ultrasound, the increasing adoption of surgical robots, and a rise in funding for research activities related to medical robots. Additionally, the growing demand for minimally invasive surgeries and a rise in surgeon/patient acceptance of both robotic assistance and laparoscopic procedures are expected to further aid the market growth over the forecast period.

 

Key Industry Players in the Global Medical Robots Market

The report gives a detailed analysis of the following key players in the global medical robots market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Auris Health, Inc. 
  • Intuitive Surgical, Inc. 
  • Medrobotics Corporation 
  • Stryker Corporation 
  • Omnicell, Inc.  
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical
and Forecast Market Analysis by Segment- Type, Application, End Use, Region
Breakup by Type Surgical Robotic Systems, Rehabilitative Robotic Systems, Non-invasive
Radiosurgery Robots, Hospital and Pharmacy Robotic Systems, Others
Breakup by Application Cardiology, Laparoscopy, Pharmacy, Neurosurgery, Orthopaedic Surgery, Others
Breakup by End Use Hospitals and Clinics, Speciality Centres, Rehabilitation Centres, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Auris Health, Inc., Intuitive Surgical, Inc., Medrobotics Corporation, Stryker Corporation, Omnicell, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Medical Robots Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Medical Robots Historical Market (2017-2021) 
    8.3    Global Medical Robots Market Forecast (2022-2027)
    8.4    Global Medical Robots Market by Type
        8.4.1    Surgical Robotic Systems
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Rehabilitative Robotic Systems
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Non-invasive Radiosurgery Robots
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Hospital and Pharmacy Robotic Systems
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Medical Robots Market by Application
        8.5.1    Cardiology
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Laparoscopy
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Pharmacy
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Neurosurgery
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Orthopaedic Surgery
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    Global Medical Robots Market by End Use
        8.6.1    Hospitals and Clinics
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Speciality Centres
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Rehabilitation Centres
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others
    8.7    Global Medical Robots Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Auris Health, Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Intuitive Surgical, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Medrobotics Corporation
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Stryker Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Omnicell, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry News and Development


List of Key Figures and Tables

1.    Global Medical Robots Market: Key Industry Highlights, 2017 and 2027
2.    Global Medical Robots Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Medical Robots Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Medical Robots Historical Market: Breakup by Application (USD Billion), 2017-2021
5.    Global Medical Robots Market Forecast: Breakup by Application (USD Billion), 2022-2027
6.    Global Medical Robots Historical Market: Breakup by End Use (USD Billion), 2017-2021
7.    Global Medical Robots Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8.    Global Medical Robots Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Medical Robots Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Medical Robots Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Medical Robots Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Medical Robots Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Medical Robots Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Medical Robots Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Medical Robots Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Medical Robots Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Medical Robots Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Medical Robots Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Medical Robots Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Medical Robots Market Structure

Key Questions Answered in the Report

In 2021, the global medical robots market attained a value of nearly USD 10.4 billion.

The market is projected to grow at a CAGR of 22.30% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 34.6 billion by 2027.

The rapid advancements in technology and medical science, the growing healthcare sector, increasing adoption of surgical robots, and the growing demand for minimally invasive surgical procedures are the major factors driving the market growth.

The key market trends guiding the growth of the industry include the rise in funding for medical robots-based research activities and a rise in surgeon/patient acceptance of both robotic assistance and laparoscopic procedures.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.

Surgical robotic systems, rehabilitative robotic systems, non-invasive radiosurgery robots, and hospital and pharmacy robotic systems, among others are the significant types of medical robots in the market.

Cardiology, laparoscopy, pharmacy, neurosurgery, and orthopaedic surgery, among others are the significant applications of the product.

The major end users of the product include hospitals and clinics, speciality centres, and rehabilitation centres, among others.

The major players in the industry are Auris Health, Inc., Intuitive Surgical, Inc., Medrobotics Corporation, Stryker Corporation, and Omnicell, Inc., among others.

Analyst Review

The global medical robots market attained a value of USD 10.4 billion in 2021, driven by a rise in funding for research activities related to medical robots and the increasing adoption of surgical robots due to the growing demand for minimally invasive surgeries. Aided by the growing technological advancements and a rise in surgeon/patient acceptance of robotic assistance, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 22.30%. The market is projected to reach USD 34.6 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the medical robots industry can be segmented into surgical robotic systems, rehabilitative robotic systems, non-invasive radiosurgery robots, and hospital and pharmacy robotic systems, among others. By application, the industry can be segmented into cardiology, laparoscopy, pharmacy, neurosurgery, and orthopaedic surgery, among others. Based on end use, the industry can be divided into hospitals and clinics, speciality centres, and rehabilitation centres, among others. The major regional markets for medical robots are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Auris Health, Inc., Intuitive Surgical, Inc., Medrobotics Corporation, Stryker Corporation, and Omnicell, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER