Global Medical Robotic System Market – Industry Trends - Forecast to 2026

  • Medical Devices
  • Published Report
  • Nov 2018
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Medical Robotic System Market, By Type (Orthopedic Surgical Robots, Neurosurgical Robots, Laparoscopy Robots, Steerable Robotic Catheters, Rehabilitation Robots, Hospital and Pharmacy Robots, Emergency Response Robots, Noninvasive Radiosurgery Robots), Application (Neurosurgery, Orthopedics, Telemedicine, Laparoscopy, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2026

Market Analysis: Global Medical Robotic System Market

Rise in technological advancements and increased adoption of these systems worldwide has been one of the major driving factors for the market growth. This trend will see the market rise from an initial estimated value of USD 7.08 billion in 2018 to an estimated value of USD 30.4 billion by 2026 registering a CAGR of 20% in the forecast period of 2019-2026. Increased acceptance of these systems is also acting as a major market driver.

Market Definition: Global Medical Robotic System Market

Medical robotic systems are self-powered devices aimed at guiding the surgeon, his positioning and manipulation of surgical instruments. These systems aid in performing minimally invasive surgeries effectively and efficiently with utmost precision. They have been variedly used in different types of surgeries already with a high success rate.

US in the region of North America dominated the market share in 2017, and it is set to stay at top again by the end of the forecast period of 2018-2025 growing at a CAGR of 18.4%.

Market Drivers:

  • Increased advancements in the technology and overall adoption is acting as a factor which is driving the market growth
  • The demand for medical robotic system is on the rise due to their advantages in minimally invasive surgeries and their enhanced abilities in precise procedures

Market Restraints:

  • Lack of knowledgeable professionals to utilize the robots and their systems act as a major restraint for the market
  • High cost of installation and maintenance of these systems also causes the market to be restrained

Segmentation: Global Medical Robotic System Market

By Type

  • Orthopedic Surgical Robots

    • iBlock surgical system
    • Robodoc surgical system
    • Navio PFS surgical system
    • MAKO RIO surgical system
    • Stanmore sculptor surgical system

  • Neurosurgical Robots

    • Pathfinder surgical system
    • NeuroMate surgical system
    • Renaissance surgical system

  • Laparoscopy Robots

    • FreeHand endoscope holder system
    • Da Vinci robotic surgery system
    • Telelap ALF-X surgical system

  • Steerable Robotic Catheters
  • Rehabilitation Robots

    • Assistive robots
    • Prosthesis
    • Orthotics
    • Therapeutic robots
    • Exoskeleton robotic systems

  • Hospital and Pharmacy Robots

    • Telemedicine robots
    • V. robots
    • Pharmacy robots
    • Cart transportation robots

  • Emergency Response Robots

    • LS-1 robotic system
    • Auto Pulse Plus robotic system
    • Noninvasive Radiosurgery Robots
    • TrueBeam STx radiosurgery system
    • CyberKnife robotic radiosurgery system
    • Gamma Knife Perfexion radiosurgery system

By Application

  • Neurosurgery
  • Orthopedics
  • Telemedicine
  • Laparoscopy
  • Others

By Geography

  • North America

    • US
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Asia Pacific

Competitive Analysis: Global Medical Robotic System Market

The Global Medical Robotic System Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Medical Robotic System market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Medical Robotic System Market

Few of the major market competitors currently working in the Medical Robotic System Market are Intuitive Surgical, Stryker, Hocoma, Mazor Robotics, Auris Health Inc., Omnicell Inc., ARxIUM, Ekso Bionics, CMR Surgical Ltd, Capsa Healthcare, Accuray Incorporated, TransEnterix Surgical Inc., Stereotaxis Inc., ReWalk Robotics, Titan Medical Inc., Medtech SA, Aethon, Medrobotics Corporation, InTouch Technologies Inc., McKesson Corporation, Renishaw plc., Varian Medical Systems Inc., OR Productivity PLC, and Siemens Healthcare GmbH.

Key Insights in the report: Global Medical Robotic System Market

  • The key market players are analyzed and their effects on the market is also observed
  • Market analysis is conducted for the forecast period of 2018 to 2025, and the market segmentations are observed during that period
  • The market drivers and restraints have been clearly analyzed for the effect that they have over the market in the forecast period of 2018 to 2025


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