Medical Robots Market Size, Share, Analysis Report

Medical Robots Market Size by Application (Pharmacy Applications, Neurosurgery, Laparoscopy, Orthopedic Surgery, Other Applications), By Product (Robotic Systems, Instruments & Accessories), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global Medical Robots Market is expected to grow at a CAGR of 15.91% by 2028.

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MARKET SNAPSHOT

Major Players

  • Accuray
  • Omnicell
  • ARxIUM
  • Ekso Bionics
  • Kirby Lester
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    15

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global Medical Robots Market is expected to grow at a CAGR of 15.91% by 2028.

    Medical robots are the new technological devices within the life science field that support in performing surgeries with more ease. These also are referred to as telemanipulators which function consistent with the instruction of the surgeon. Medical robots are getting a daily member of the medical staff across the world, taking a patient’s pulse, scanning vital signs, taking pictures, and even reading case notes. Medical robots also are offered with wheels that assistance in transporting things and are controlled by using joysticks. Robotics in medical helps to speak the necessity, progress, and outcome of patient data and forms a crucial a part of digital health technology. Also, robotics in medical includes visual indicators of performance so as to encourage the surgeon to possess optimal performance during surgeries. However, new developments in technology and medical devices are enhancing the vision, precision, and control on surgery. These are likely to drive the demand for medical robots during surgical procedures within the near future. Worldwide medical robots market is increasing significantly owing to growing demand for minimally invasive surgeries with the assistance of robots within the industry. Furthermore, increasing requirement for errorless surgeries are anticipated to help the expansion of the medical robots market. Massive unexplored market in medical robots industry of emerging economies is creating ample opportunities for the medical robots market to raise at a substantial rate within the coming years. Medical Robot may be a robot which allows the surgeons to perform surgeries with more precision. Medical robotics is emerging field. There is a good sort of medical applications had developed like Surgical robots, laboratory robots, telesurgery, remote surgery, and teleconsultation robots, rehabilitation robots to assist for the deaf and therefore the blind.

    The global Medical Robots market is segregated on the basis of Application as Pharmacy Applications, Neurosurgery, Laparoscopy, Orthopedic Surgery, and Other Applications. Based on Product the global Medical Robots market is segmented in Robotic Systems and Instruments & Accessories.

    The global Medical Robots market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Medical Robots market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Accuray, Omnicell, ARxIUM, Ekso Bionics, Kirby Lester, Intuitive Surgical, Stryker Corporation, Hocoma, Mazor Robotics, Hansen Medical, and others are among the major players in the global Medical Robots market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Medical Robots Market has been segmented as below:

    Medical Robots Market, By Application

    • Pharmacy Applications
    • Neurosurgery
    • Laparoscopy
    • Orthopedic Surgery
    • Other Applications

    Medical Robots Market, By Product

    • Noninvasive Radiosurgery Robotic Systems
    • Other Robotic Systems
    • Hospital & Pharmacy Robotic Systems
    • Pharmacy Robotic Systems
    • Iv Robotic Systems
    • Rehabilitation Robotic Systems
    • Therapeutic Robotic Systems
    • Assistive Robotic Systems
    • Exoskeleton Robotic Systems
    • Other Rehabilitation Robotic Systems
    • Surgical Robotic Systems
    • Laparoscopy Robotic Systems
    • Orthopedic Robotic Systems
    • Neurosurgical Robotic Systems
    • Instruments & Accessories

    Medical Robots Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Medical Robots Market, By Company

    • Accuray
    • Omnicell
    • ARxIUM
    • Ekso Bionics
    • Kirby Lester
    • Intuitive Surgical
    • Stryker Corporation
    • Hocoma
    • Mazor Robotics
    • Hansen Medical

    The report covers:

    • Global Medical Robots market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Medical Robots market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Medical Robots market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Medical Robots market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Medical Robots market share. Major industry players with significant revenue share include Accuray, Omnicell, ARxIUM, Ekso Bionics, Kirby Lester, Intuitive Surgical, Stryker Corporation, Hocoma, Mazor Robotics, Hansen Medical, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Medical Robots industry trends
    • Find complete analysis on the market status
    • Identify the Medical Robots market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Medical Robots Market, By Application
        5.1 Introduction
        5.2 Pharmacy Applications
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Neurosurgery
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Laparoscopy
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Orthopedic Surgery
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
        5.6 Other Applications
            5.6.1 Market Overview
            5.6.2 Market Size and Forecast
    6. Medical Robots Market, By Product
        6.1 Introduction
        6.2 Robotic Systems
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Instruments & Accessories
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
    7. Medical Robots Market, By Geography
        7.1 Introduction
        7.2 North America
            7.2.1 North America Medical Robots, By Application
            7.2.2 North America Medical Robots, By Product
        7.3 Europe
            7.3.1 Europe Medical Robots, By Application
            7.3.2 Europe Medical Robots, By Product
        7.4 Asia-Pacific
            7.4.1 Asia-Pacific Medical Robots, By Application
            7.4.2 Asia-Pacific Medical Robots, By Product
        7.5 Rest of the World
            7.5.1 Rest of the World Medical Robots, By Application
            7.5.2 Rest of the World Medical Robots, By Product
    8. Competitive Insights
        8.1 Key Insights
        8.2 Company Market Share Analysis
        8.3 Strategic Outlook
            8.3.1 Mergers & Acquisitions
            8.3.2 New Product Development
            8.3.3 Portfolio/Production Capacity Expansions
            8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            8.3.5 Others
    9. Company Profiles
        9.1 Accuray
            9.1.1 Company Overview
            9.1.2 Product/Service Landscape
            9.1.3 Financial Overview
            9.1.4 Recent Developments
        9.2 Omnicell
            9.2.1 Company Overview
            9.2.2 Product/Service Landscape
            9.2.3 Financial Overview
            9.2.4 Recent Developments
        9.3 ARxIUM
            9.3.1 Company Overview
            9.3.2 Product/Service Landscape
            9.3.3 Financial Overview
            9.3.4 Recent Developments
        9.4 Ekso Bionics
            9.4.1 Company Overview
            9.4.2 Product/Service Landscape
            9.4.3 Financial Overview
            9.4.4 Recent Developments
        9.5 Kirby Lester
            9.5.1 Company Overview
            9.5.2 Product/Service Landscape
            9.5.3 Financial Overview
            9.5.4 Recent Developments
        9.6 Intuitive Surgical
            9.6.1 Company Overview
            9.6.2 Product/Service Landscape
            9.6.3 Financial Overview
            9.6.4 Recent Developments
        9.7 Stryker Corporation
            9.7.1 Company Overview
            9.7.2 Product/Service Landscape
            9.7.3 Financial Overview
            9.7.4 Recent Developments
        9.8 Hocoma
            9.8.1 Company Overview
            9.8.2 Product/Service Landscape
            9.8.3 Financial Overview
            9.8.4 Recent Developments
        9.9 Mazor Robotics
            9.9.1 Company Overview
            9.9.2 Product/Service Landscape
            9.9.3 Financial Overview
            9.9.4 Recent Developments
        9.10 Hansen Medical
            9.10.1 Company Overview
            9.10.2 Product/Service Landscape
            9.10.3 Financial Overview
            9.10.4 Recent Developments

    The Medical Robots Market has been segmented as below:

    Medical Robots Market, By Application

    • Pharmacy Applications
    • Neurosurgery
    • Laparoscopy
    • Orthopedic Surgery
    • Other Applications

    Medical Robots Market, By Product

    • Robotic Systems
    • Noninvasive Radiosurgery Robotic Systems
    • Other Robotic Systems
    • Hospital & Pharmacy Robotic Systems
    • Pharmacy Robotic Systems
    • Iv Robotic Systems
    • Rehabilitation Robotic Systems
    • Therapeutic Robotic Systems
    • Assistive Robotic Systems
    • Exoskeleton Robotic Systems
    • Other Rehabilitation Robotic Systems
    • Surgical Robotic Systems
    • Laparoscopy Robotic Systems
    • Orthopedic Robotic Systems
    • Neurosurgical Robotic Systems
    • Instruments & Accessories

    Medical Robots Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Medical Robots Market, By Company

    • Accuray
    • Omnicell
    • ARxIUM
    • Ekso Bionics
    • Kirby Lester
    • Intuitive Surgical
    • Stryker Corporation
    • Hocoma
    • Mazor Robotics
    • Hansen Medical

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    The market is expected to grow at a CAGR of 15.91% during the study period (2023-2028)
    The segment included in Medical Robots Market is Application, Product, Company and region.
    Some key players operating in the Medical Robots Market include Accuray, Omnicell, ARxIUM, Ekso Bionics, Kirby Lester, Intuitive Surgical, Stryker Corporation, Hocoma, Mazor Robotics, Hansen Medical
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