Image

North America Medical Robotic Systems Market – Industry Trends and Forecast to 2029

  • Medical Devices
  • Upcoming Report
  • Jun 2022
  • North America
  • 150 Pages
  • No of Tables: 30
  • No of Figures: 50

North America Medical Robotic Systems Market, By Product (Instrument and Accessories, Robotic Systems), By Application (Laparoscopy, Orthopedic Surgery, Pharmacy Applications, Neurosurgery, Other Applications) – Industry Trends and Forecast to 2029

North America Medical Robotic Systems Market

Market Analysis and Size

The medical robotic systems market is growing at a fast speed. Service robotics is being gradually used in the healthcare sector. They are being used for a multiplicity of reasons in healthcare, from supporting in actions to taking care of the patients. Furthermore, the development of the COVID-19 pandemic has considerably impacted the value chain of the service robotics market and has greatly affected the demand for the same.

Data Bridge Market Research analyses that the medical robotic systems market which was USD 16.4 billion in 2021, would rocket up to USD 23.14 billion by 2029, and is expected to undergo a CAGR of 4.40% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Medical robot is a robot that sanctions physicians to conduct surgery more surely. The sector of medical robotics is growing. Many medical apps have seemed, such as surgical machines, laboratory tools, telesurgery, remote surgery, teleconsultation machines, and rehabilitation machines to support the blind and the deaf. Medical robots help with surgery and decrease the likelihood of infection. Medical robots are designed to increase the precision of physicians and decrease the danger of victims.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

By Product (Instruments and Accessories, Robotic Systems), By Application (Laparoscopy, Orthopedic Surgery, Pharmacy Applications, Neurosurgery, Other Applications)

Countries Covered

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

Market Players Covered

Hocoma (Switzerland), ReWalk Robotics (U.S), Omnicell, Inc (U.S), Teladoc Health, Inc. (U.S), OhmniLabs, Inc. (U.S), VGo Communications, Inc. (US), Vecna Technologies, Inc. (U.S), Xandex, Inc. (U.S), Double Robotics, Inc. (US), Amy Robotics Co., Ltd. (China), Ava Robotics, Inc. (U.S)

Market Opportunities

  • Welfares of robot-assisted rehabilitation treatment training
  • Technological improvements in the field of robotic system
  • Development in awards for research into medical robots

North America Medical Robotic Systems Market Dynamics

Drivers

  • Government has also taken various steps towards making the reimbursement process

This region's average age is much higher than in other parts of the world. This will aid progress because the elderly demand more medical treatment and, as a result, use medical equipment at a higher rate. In addition, the degree of product revolution and growth in this region is very high, which will aid market expansion.

  • Increasing adoption of these robots

 Across many medical amenities is fuelling the medical telepresence robots market development. The suppleness of telepresence robots is witnessing wide acceptance across various verticals, particularly in the medical sector. Not only medicinal but these telepresence robots are widely used in the education sector and business field to build a linking among the people. The advancements in the robotics field will upsurge during the forecast period, which would bolster the growth of the medical telepresence robots market.

  • High adoption of the latest technologies, AI, and robotics

One of the major aspects fuelling the demand for medical telepresence robots across this region. In addition, numerous healthcare corporations are participating in the advancement of medical technologies to improve patient care and serve better, which would subsidize the increasing growth of the regional medical telepresence robots market.

Opportunities

The medical robotic systems market is rising at a fast pace. Service robotics is gradually in use in the healthcare sector. They are used for a variety of reasons in healthcare, especially to assist in the operations of taking care of patients. Furthermore, the growth in the aging populace and nursing staff shortage is driving the need for the provision of care for the elderly. As skill developments, clinicians and scientists are observing to robotics and other sensor-based technologies to aid caregivers in providing decent care facilities for older adults.

Restraints/Challenges

High attractiveness amongst the challengers and tough competition from newcomers. Since the competition is high, corporations have to invest more in research and development (R&D). In adding to that the buyers have a lot to choose from. As a result, prices of products have to be competitive. Hence, profit will be low. All these factors decrease the attraction of the market in this region.

This North America medical robotic systems market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the North America medical robotic systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on North America Medical Robotic Systems Market

The covid-19 pandemic increased the market for expert facility robots with high demand for robotics disinfection solutions, robotic logistics solutions in factories and warehouses, and robots for home delivery. Allowing to IFR, in 2020, the medical use facility robots market is projected to record 12,000 units worldwide. Additional, the demand for logistic use service robots was projected highest with 11,40,00 units in 2020.

Global North America Medical Robotic Systems Market Scope

The North America medical robotic systems market is segmented on the basis of type, price range, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

By Product

  • Instruments and Accessories
  • Robotic Systems

Surgical Robot

  • Orthopedic robotic systems
  • RoboDoc Surgical Systems
  • MAKO RIO surgical system
  • iBlock Surgical System
  • Navio Surgical System
  • Stanmore Sculptor surgical system

Neurosurgical Robotic Systems market

  • Neuromate surgical system
  • Pathfinder surgical systems
  • Renaissance Surgical System

General Laparoscopy Robotic Systems market

  • da Vinci Robotic Surgery System
  • Freehand endoscope Holder
  • Telelap ALF-X surgical system
  • Noncatheter percutaneous robotic systems

Steerable Robotic Catheters

Non-Invasive Radiosurgery Systems

  • CyberKnife Robotic Radiosurgery System
  • TrueBeam STx Radiosurgery System
  • Gamma Knife Perfexion Radiosurgery System

Hospital and Pharmacy Robotic Systems

  • Pharmacy Robotic Systems
  • IV Robotic Systems

On the basis of product the market is segmented into Instruments and Accessories, Robotic Systems, Surgical Robot, Orthopedic robotic systems, RoboDoc Surgical Systems, MAKO RIO surgical system, iBlock Surgical System, Navio Surgical System, Stanmore Sculptor surgical system, Neurosurgical Robotic Systems market, Neuromate surgical system, Pathfinder surgical systems, Renaissance Surgical System, General Laparoscopy Robotic Systems market, da Vinci Robotic Surgery System, Freehand endoscope Holder, Telelap ALF-X surgical system, Noncatheter percutaneous robotic systems, Steerable Robotic Catheters, Non-Invasive Radiosurgery Systems, CyberKnife Robotic Radiosurgery System, TrueBeam STx Radiosurgery System, Gamma Knife Perfexion Radiosurgery System, Hospital and Pharmacy Robotic Systems, Pharmacy Robotic Systems and IV Robotic Systems.

By Application

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

On the basis of application the market is segmented into Laparoscopy, Orthopedic Surgery, Pharmacy Applications, Neurosurgery and Other Applications.

North America Medical Robotic Systems Market Regional Analysis/Insights

The North America medical robotic systems market is analysed and market size insights and trends are provided by country, type, price range, application and end user as referenced above.

The countries covered in the North America medical robotic systems 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.

Asia-Pacific is expected to dominate the medical robotic systems market due to rising technological improvement in the region and Asia-Pacific is expected to grow with the highest CAGR in the forecast period due to increasing technological progression in the region.

The Asia-Pacific region is expected to grow with the utmost talented growth rate in the forecast period of 2022 to 2029. The increase in the geriatric population leads to greater use of robots in performing numerous tasks.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the 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, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure growth Installed base and New Technology Penetration

The North America medical robotic systems market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America medical robotic systems market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America medical robotic systems market. The data is available for historic period 2010-2020.

Competitive Landscape and North America Medical Robotic Systems Market Share Analysis

The North America medical robotic systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to North America medical robotic systems market.

Some of the major players operating in the North America medical robotic systems market are:

  • Hocoma (Switzerland)
  • ReWalk Robotics (U.S)
  • Omnicell, Inc (U.S)
  • Teladoc Health, Inc. (U.S)
  • OhmniLabs, Inc. (U.S)
  • VGo Communications, Inc. (US)
  • Vecna Technologies, Inc. (U.S)
  • Xandex, Inc. (U.S)
  • Double Robotics, Inc. (US)
  • Amy Robotics Co., Ltd. (China)
  • Ava Robotics, Inc. (U.S)

Research Methodology: Global North America Medical Robotic Systems Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

CHOOSE LICENCE TYPE
  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions



Frequently Asked Questions

The medical robotic systems market value is expected USD 23.14 billion by 2029.
The North America Medical Robotic Systems Market is to grow at a CAGR of 4.40% during the forecast by 2029.
On the basis of product, the North America Medical Robotic Systems Market is segmented into Instrument and Accessories, Robotic Systems.
On the basis of application, the North America Medical Robotic Systems Market is segmented into Laparoscopy, Orthopedic Surgery, Pharmacy Applications, Neurosurgery, Other Applications.