The medical robots market, featuring various types such as external large robots, geriatric robots, and more, offers an array of products including surgical, rehabilitation, and telepresence robots. This diverse range addresses critical healthcare needs, from precise surgeries to patient rehabilitation and sanitation. The market's comprehensive product portfolio reflects the industry's commitment to technological innovation, enhancing medical procedures, and improving overall patient care across different healthcare domains.
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Data Bridge Market Research analyses that the Global Medical Robots System Market, which was USD 13,544.64 million in 2022, is expected to reach USD 45,021.15 million by 2030, at a CAGR of 16.20% during the forecast period 2023 to 2030. The medical robots market is propelled by increased investment from healthcare organizations and technology firms. Substantial funding supports research and development initiatives, driving the creation of advanced robotic technologies, fostering innovation, and contributing to the market's overall growth and expansion.
Key Findings of the Study
Growing aging population is expected to drive the market's growth rate
The growing aging population is a pivotal driver for the medical robots market. With an increasing number of elderly individuals, there is a heightened demand for medical robots to assist in surgeries, rehabilitation, and elderly care. These robots play a crucial role in enhancing precision and efficiency in medical procedures, meeting the unique healthcare needs of the aging demographic. This trend underscores the market's role in addressing the challenges associated with an aging population and improving overall healthcare outcomes.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (External Large Robots, Geriatric Robot, Assistive Robots, Miniature in Vivo Robots), Product (Surgical Robots, Rehabilitation Robots, Hospital and Pharmacy Robots, Bio Robotics, Non-invasive Radio Surgery Robots, Telepresence Robots, Medical Transportation Robots, Sanitation, Disinfectant Robots), Modality (Compact, Portable), Components (Actuators, Sensors, Robot Controller, Patient Cart, Surgeon Console, Vision Cart, Dispensing System, Additional Products), Application (Neurology Applications, Cardiology Applications, Orthopedic Applications, Laparoscopic Applications, Physical Rehabilitation, Pharmacy Applications), End User (Hospitals, Specialty Clinics, Research Institutes, Ambulatory Surgical Centers, Laboratories, Rehabilitation Centers, Others), Distribution Channel (Direct Tender, Retail Sales, Third Party Distributors, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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iRobot Corporation (U.S.), Titan Medical Inc. (Canada), Hansen Technologies (Australia), Renishaw plc (U.K.), Intuitive Surgical (U.S.), Medtronic (Ireland), DENSO Products and Services Americas, Inc. (U.S.), Accuray Incorporated (U.S.), Stryker (U.S.), Varian Medical Systems, Inc. (U.K.), Stereotaxis, Inc. (U.S.), Ekso Bionics (U.S.), CYBERDYNE INC. (Japan), BIONIK (U.S.), Smith+Nephew (U.K.), Zimmer Biomet (U.S.), Omnicell. Inc. (U.S.), ARxIUM (Canada)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The global medical robots market is segmented on the basis of type, product, modality, components, application, end user, and distribution channel.
- On the basis of type, the global medical robots market is segmented into external large robots, geriatric robot, assistive robots, and miniature in vivo robots
- On the basis of product, the global medical robots market is segmented into surgical robots, rehabilitation robots, hospital and pharmacy robots, bio robotics, non-invasive radio surgery robots, telepresence robots, medical transportation robots, sanitation, and disinfectant robots
- On the basis of modality, the global medical robots market is segmented into compact, and portable
- On the basis of components, the global medical robots market is segmented into actuators, sensors, robot controller, patient cart, surgeon console, vision cart, dispensing system, and additional products
- On the basis of application, the global medical robots market is segmented into neurology applications, cardiology applications, orthopedic applications, laparoscopic applications, physical rehabilitation, and pharmacy applications
- On the basis of end user, the global medical robots market is segmented into hospitals, specialty clinics, research institutes, ambulatory surgical centers, laboratories, rehabilitation centers, and others
- On the basis of distribution channel, the global medical robots market is segmented into direct tender, retail sales, third party distributors, and others
Major Players
Data Bridge Market Research recognizes the following companies as the global medical robots market players in global medical robots market are iRobot Corporation (U.S.), Titan Medical Inc. (Canada), Hansen Technologies (Australia), Renishaw plc (U.K.), Intuitive Surgical (U.S.), Medtronic (Ireland), DENSO Products and Services Americas, Inc. (U.S.).
Market Developments
- In September 2022, Titan Medical entered a development program with Medtronic. Medtronic is set to assess the performance of Titan's cameras and instruments in gynecological procedures, slated as the initial application for Titan's surgical robot. This collaboration underscores a strategic partnership, allowing Titan to leverage Medtronic's expertise in evaluating and advancing their technology, potentially opening new avenues for robotic-assisted surgery in gynecology
- In June 2022, Intuitive, a leading technology company in robotic-assisted surgery, received U.S. FDA clearance for integrating mobile cone-beam CT (CBCT) imaging technology with the Ion Endoluminal System, designed for robotic-assisted bronchoscopy. This approval enhances the capabilities of the Ion system, enabling advanced imaging during bronchoscopic procedures. The integration represents a significant step forward in advancing precision and effectiveness in minimally invasive care
- In January 2022, Medrobotics Corp. achieved FDA regulatory clearance to market the Flex Robotic System, a pivotal development for robot-assisted visualization in general surgical, gynecological, and thoracic procedures in the United States. This clearance underscores the company's commitment to innovation in transformative products, specifically designed for single-port surgeries in diverse medical fields, including general surgery, gynecology, thoracic, and urology
- In June 2020, Accuray unveiled the CyberKnife S7 System, marking a significant advancement in its CyberKnife platform. Boasting enhanced precision, the system incorporates real-time AI-driven motion tracking and synchronization for stereotactic body radiation therapy (SBRT) and stereotactic radiosurgery (SRS) treatments. This next-generation technology reinforces Accuray's commitment to cutting-edge solutions in radiation therapy, offering improved accuracy and treatment delivery for better patient outcomes
Regional Analysis
Geographically, the countries covered in the global medical robots market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global medical robots market during the forecast period 2023-2030
North America dominates the medical robots market, propelled by robust healthcare infrastructure, substantial investments from key players fostering innovation, widespread patient acceptance of minimally invasive surgery, and heightened research endeavors. The region's well-established foundation and commitment to technological advancements position it as a frontrunner in the adoption and advancement of medical robotics, contributing to superior patient care and driving the market's growth in the field of healthcare automation.
Asia-Pacific is expected to dominate the global medical robots market in the forecast period 2023-2030
The Asia-Pacific is expected to dominate medical robots market due to the rising adoption of automated surgical systems in emerging nations, reflecting a growing preference for robot-assisted surgeries among patients. The region's focus on expanding healthcare infrastructure, coupled with the burgeoning medical tourism sector, fuels market growth. As Asia-Pacific prioritizes modern healthcare solutions, the increasing integration of robotic technologies underscores a transformative shift in surgical practices, enhancing precision and patient outcomes across diverse healthcare settings.
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