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Global Medical Robots Market – Industry Trends and Forecast to 2029

  • Medical Devices
  • Published Report
  • Feb 2022
  • Global
  • 350 Pages
  • No of Tables: 916
  • No of Figures: 76
  • Medical Devices
  • Published Report
  • Feb 2022
  • Global
  • 350 Pages
  • No of Tables: 916
  • No of Figures: 76

Global Medical Robots Market, By 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 and Disinfectant Robots), Modality (Compact, Portable), Components (Actuators, Sensors, Robot Controller, Patient Cart, Surgeon Console, Vision Cart, Dispensing System and Additional Products), Application (Research, Clinic, Pharmacy, and Others), End User (Hospitals, Specialty Clinics, Research Institutes, Ambulatory Surgical Centers, Laboratories, Rehabilitation Centers, and Others), Distribution Channel (Direct Tender, Retail Sales, Third Party Distributors, Others), Country (U.S., Canada, Mexico, U.K., Germany, Italy, France, Spain, Russia, Netherland, Switzerland, Turkey, Belgium, Rest of Europe, China, India, Japan, Australia, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America) Industry Trends and Forecast to 2029.

Medical Robots Market

Market Analysis and Insights: Global Medical Robots Market

Global medical robots market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the global medical robots market is growing with a CAGR of 15.7% in the forecast period of 2022 to 2029 and is expected to reach USD 34,470.62 million by 2029 from USD 11,656.32 million in 2021. Rising healthcare expenditure and escalation in innovation and technologies are major drivers which are expected to the growth of the market in the forecast period.

The increase in the geriatric population is propelling the market growth as it lead to greater use of robots in performing numerous task such as fetching water or food, medication reminder, cognitive training, entertainment, telepresence communication, vital signs monitoring etc.

These robots introduced to address the needs for geriatric people that include physical and medical care. Additionally, the senior population are greatly affected by chronic diseases can be the factor for growth of global medical robots market.

The increase in the use of these robotic applications in the rehabilitation centres who suffered from neurological and spinal cord injuries leads to the rising demands of exoskeleton robots in the therapy that drives the global medical robotic market.

Regulation of medical devices play significant role in healthcare. Achieving the requisite approval for legal selling of medical devices in such jurisdictions can entail significant financial expenditure, which could take months or years to complete. If these constraints are not understood or taken into account, delays can seriously jeopardize the likelihood of success in a highly competitive market

Increase in the burden of various types of diseases such as cancers, diabetes and cardiovascular diseases across the world coupled with the increase in patient pool of geriatric population has created more demand for the medical robots. Artificial intelligence, miniaturization, and computer power are contributing to the rise in the design and use of robots in medicine. Medical robots had their start about 34 years ago when an industrial robot and computed tomography navigation were used to insert a probe into the brain to obtain a biopsy specimen

The drivers responsible for the growth of the medical robots market are the increase in the geriatric population, technological advancements of medical robots, an increase in the use of robot-assisted rehabilitation therapy, and an increase in funding for medical robots research. However, the factors that are expected to restrain the market are the high cost of robotic support devices and the limitations of the assisted robotic system.

  • On the other hand, many strategic product launches and acquisitions by major companies in the medical robots market have opened up an opportunity for companies worldwide. These strategies are allowing the companies to strengthen their footprints in the market. The increasing regulatory frameworks may create challenges for the global medical robots market. There are recent developments related to the global medical robots market.

The global medical robots market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Medical Robots Market

Global Medical Robots Market Scope and Market Size

The global medical robots market is segmented on the basis of type, product, modality, components, application, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • 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. In 2022, the external large robots segment is expected to dominate the global medical robots market due to the surge in medical robots app launches and the emergence of COVID-19.
  • 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. In 2022, the surgical robots segment is expected to dominate the global medical robots market as robotic surgeries are minimally invasive surgeries that enable fast recovery.
  • On the basis of modality, the global medical robots market is segmented into compact and portable. In 2022, the portable segment is expected to dominate the global medical robots market due to the decreased errors, increasing overall efficiency and, proactively addressing the ever-evolving regulatory environment.
  • 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. In 2022, actuators component segment is expected to dominate the medical robots market due to increasing demands of technologically advanced medical robots across the globe.
  • On the basis of application, the global medical robots market is segmented into research, clinic, pharmacy and others. In 2022, the research segment is expected to dominate the global medical robots market due to the anticipated to upsurge the demand of medical robots.
  • On the basis of end user type, the global medical robots market is segmented into hospitals, specialty clinics, research institutes, ambulatory surgical centers, laboratories, rehabilitation centers and others. In 2022, the research institutes segment is expected to dominate the global medical robots market due to growing funding and increasing technological advancements in medical robots
  • On the basis of distribution channel, the global medical robots market is segmented into direct tender, retail sales, third party distributors, others. In 2022, the direct tender is expected to dominate the global medical robots market owing to fast delivery and multiple options of product choice

Medical Robots Market

Global Medical Robots Market Country Level Analysis

The global medical robots market is segmented on the basis of type, product, modality, components, application, end user and distribution channel.

Countries covered in the global medical robots market report are North America, Europe, Asia-Pacific, South America and Middle East and Africa. These regions are further segmented into major countries such as the U.S., Canada, Mexico, U.K., Germany, Italy, France, Spain, Russia, Netherland, Switzerland, Turkey, Belgium, Rest of Europe, China, India, Japan, Australia, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.

Asia-Pacific is expected to dominate the global medical robots market due to rising technological advancement in the region and Asia-Pacific is expected to grow with the highest CAGR in the forecast period due to rising technological advancement in the region. The Asia-Pacific is dominating in the market and leading the growth in the global medical robots market due to The Asia-Pacific region is expected to grow with the most promising growth rate in the forecast period of 2022 to 2029 because of the increase in the geriatric population that lead to greater use of robots in performing numerous task .China is dominating the Asia-Pacific market due to rising disposable income in the country. The market in Europe is expected to grow significantly in the forecast period of 2022 to 2029 due to technological advancements in the region. Germany is dominating the Europe market owing to a large number of players in the market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.

Increase in the Geriatric Population, Recent Advancements in The Robot Manufacturing System Technology, The Increase in The Use of These Robotic Applications in The Rehabilitation Centres in Are Creating New Opportunities for Players in The Market

The global medical robots market also provides you with detailed market analysis for every country growth in particular industry with the global medical robots market sales, impact of advancement in the global medical robots market and changes in regulatory scenarios with their support for the global medical robots market. The data is available for historic period 2011 to 2020.

Competitive Landscape and Global Medical Robots Market Share Analysis

Global medical robots market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, and technology lifeline curve. The above data points provided are only related to the companies’ focus related to global medical robots market

Major players covered in the report are ARxIUM, Ekso Bionics, Capsa Healthcare, ReWalk Robotics, Renishaw plc, Hocoma, Asensus Surgical US, Inc., Paro Robots U.S., Inc., Yukai Engineering Inc., Stryker, Accuray Incorporated, Corindus (A Siemens Healthineers Company), Kuka AG, Auris Health, Inc. (a subsidiary of Johnson and Johnson), CMR Surgical Ltd., Stereotaxis, Inc., InTouch Health Inc. (subsidiary of Teladoc Health, Inc.) among others domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product launches and agreements are also initiated by the companies worldwide, which are further accelerating the global medical robots market.

  • In November 2021, Renishaw announced that an agreement was completed between them and Verisurf Software Inc., in North America. This helps company in expanding advancement of the technology and plan to support other REVO sensors.
  • In February 2020, Medtronic (U.S) acquired Digital Surgery, a pioneer in surgical artificial intelligence, data, and analytics. This has resulted in the expansion of Medtronic's robot-assisted surgical platform and portfolio.


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Frequently Asked Questions

Medical Robots Market is growing with a CAGR of 15.7% during the forecast period of 2022 to 2029.
Medical Robots Market value to reach USD 34,470.62 million during the forecast period of 2022 to 2029.
Global Medical Robots Market segmentation By Application such as Research, Clinic, Pharmacy, and Others), End User (Hospitals, Specialty Clinics, Research Institutes, Ambulatory Surgical Centers, Laboratories, Rehabilitation Centers, and Others.
The global medical robots market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market.
Major players covered in the report are ARxIUM, Ekso Bionics, Capsa Healthcare, ReWalk Robotics, Renishaw plc, Hocoma, Asensus Surgical US, Inc., Paro Robots U.S., Inc., Yukai Engineering Inc., Stryker, Accuray Incorporated, Corindus (A Siemens Healthineers Company), Kuka AG, Auris Health, Inc. (a subsidiary of Johnson and Johnson), CMR Surgical Ltd., Stereotaxis, Inc., InTouch Health Inc. (subsidiary of Teladoc Health, Inc.) among others domestic and global players.