Global Medical Robot Market was valued at USD 7.2 billion in 2019 which is expected to reach USD 24.87 billion by 2030 at a CAGR 20.15%.
Medical Robots are used in medical sector ranging for various application including Cardiology, Laparoscopic, Neurology, Orthopedic, and Others. Rise in efficiency of these robots in performing tasks which include surgeries have been pivotal in the rapid adoption of medical robots in the medical industry.
Market Drivers
Rise in demand for accurate laparoscopic surgeries as well as growing need of surgical procedures in geriatric population are the key driving factors which are expected to boost the global medical robots market growth. Furthermore, rise in trauma injuries will have the positive impact on market growth. Moreover, increase in technological advancements and per capita healthcare spending will propel the market growth. In addition to that, increase in number of technology transfer collaborations with third party suppliers to develop new application for robotic system which is expected to drive the market growth.
Market Restraints
However, safety concerns over robotic surgery devices are the major challenging factors which are expected to hinder the global medical robot market growth.
Market Segmentation
Global Medical Robot Market is segmented into product type such as Non-Invasive Radiosurgery Robots, Surgical Robots, Pharmacy & Hospital Automation Robots, Rehabilitation Robots, and Accessories and Instruments, by application such as Cardiology, Laparoscopic, Neurology, Orthopedic, and Others. Further, market is segmented into end user such as Clinics, Hospitals, and Ambulatory Surgical Centers.
Also, Global Medical Robot Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Stryker Corporation, Intuitive Surgical, Hocoma, Mazor Robotics, Hansen Medical, Accuray, Omnicell, ARxIUM, Ekso Bionics, and Kirby Lester
Market Taxonomy
By Product Type
By Application
By End User
By Region
Key Questions Addressed by the Report
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Medical Robot Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Medical Robot Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Medical Robot Market Share Analysis, By Product Type
5.3 Global Medical Robot Market Size and Forecast, By Product Type
5.3.1 Non-Invasive Radiosurgery Robots
5.3.2 Surgical Robots
5.3.3 Pharmacy & Hospital Automation Robots
5.3.4Rehabilitation Robots
5.3.5Accessories and Instruments
6 Global Medical Robot Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Medical Robot Market Share Analysis, By Application
6.3 Global Medical Robot Market Size and Forecast, By Application
6.3.1 Cardiology
6.3.2 Laparoscopic
6.3.3 Neurology
6.3.4Orthopedic
6.3.5Others
7 Global Medical Robot Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Medical Robot Market Share Analysis, By End User
7.3 Global Medical Robot Market Size and Forecast, By End User
7.3. 1 Clinics
7.3.2 Hospitals
7.3.3Ambulatory Surgical Centres
8 Global Medical Robot Market, By Region
8.1 Global Medical Robot Market Share Analysis, By Region
8.2 Global Medical Robot Market Share Analysis, By Region
8.3 Global Medical Robot Market Size and Forecast, By Region
9 North America Medical Robot Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 North America Medical Robot Market Share Analysis, By Product Type
9.3 North America Medical Robot Market Size and Forecast, By Application
9.4 North America Medical Robot Market Size and Forecast, By End User
9.5 North America Medical Robot Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Medical Robot Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Europe Medical Robot Market Share Analysis, By Product Type
10.3 Europe Medical Robot Market Size and Forecast, By Application
10.4 Europe Medical Robot Market Size and Forecast, By End User
10.5 Europe Medical Robot Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Medical Robot Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Asia Pacific Medical Robot Market Share Analysis, By Product Type
11.3 Asia Pacific Medical Robot Market Size and Forecast, By Application
11.4 Asia Pacific Medical Robot Market Size and Forecast, By End User
11.5 Asia Pacific Medical Robot Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Medical Robot Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Latin America Medical Robot Market Share Analysis, By Product Type
12.3 Latin America Medical Robot Market Size and Forecast, By Application
12.4 Latin America Medical Robot Market Size and Forecast, By End User
12.5 Latin America Medical Robot Market Size and Forecast, Country
13 Middle East Medical Robot Market Analysis and Forecast (2017 – 2030)
13.1 Introduction
13.2 Middle East Medical Robot Market Share Analysis, By Product Type
13.3 Middle East Medical Robot Market Size and Forecast, By Application
13.4 Middle East Medical Robot Market Size and Forecast, By End User
13.5 Middle East Medical Robot Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Stryker Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Intuitive Surgical
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Hocoma
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Mazor Robotics
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Hansen Medical
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Accuray
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Omnicell
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 ARxIUM, Ekso Bionics,
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Kirby Lester
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 AeroVironment
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
