Medical Robotic System Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

The global medical robotic system market size is expected to grow from USD 16 Billion in 2021 to more than USD 75 Billion by 2030 at a CAGR of over 17% during the forecast period from 2022 to 2030. 

Inventions of a robot aren’t anything new; neither their innovations nor the modified version of robots. Over a century now robotics has created a new definition in advancement of medical technologies. It shall astonish us even more in the future. Medical robotic system is the preeminent and most expedient aid in the medical research and healthcare industry. Medical robotic system is the most innovative technology in healthcare industry and is witnessing increased acceptance among hospitals and other healthcare facilities. It is anticipated that the market for medical robotic systems would grow considerably in near future owing to its growing number of applications in healthcare sector.

Medical Robotic System Market Dynamics

Robots can support, assist and extend the services that health workers are currently offering. Deployment of medical robots can result in around 70% drop in hospital acquired infections. Hospital acquired infections (HAIs) such as MRSA (methicillin-resistant Staphylococcus aureus) and C. diff (Clostridium difficile) resulted in 1 out of 10 deaths in 2015. These were the extreme concerns that were eradicated by the medical robots. These medical robots are also capable of carrying around more than 400 kilograms of medications, and can lift patients out of beds 40 times a day. Microbot with less than a millimeter size can deliver drugs through our bloodstreams. There are even animal shaped robots to reduce the stress of patients.

Medical Robotic System Market Segmentation

Medical robot market is segmented into product type, application and geography. Based on product type, the market is segmented into surgical robots (Intuitive Surgical, Verb Surgical, and Microbot Medical), non-invasive radiosurgery robots, rehabilitation and pharmacy automation robots, and other medical robots among others.  Based on geography, the global medical robotic systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (MEA).

Medical Robotic System Market Report Coverage

Medical Robotic System Market Players

Some of the key companies operating in medical robotic system market includeIRobot Corporatin, Stryker Corporation (U.S.),Titan Medical Inc., KB Medical S.A., Mazor Robotics Ltd. (Israel),Varian Medical Systems, Hansen Medical Inc. (U.S.),Kirby Lester LLC (U.S.), Accuray Incorporated (U.S.), Kinova Robotics, Ekso Bionics Holdings, Inc. (U.S.), ARxIUM (U.S.), Vecna Robotics, Globus Medical,Otto Bock Healthcare,Houston Medical Robotics, Inc., Omnicell, Inc. (U.S.), Intuitive Surgical, Inc. (U.S.), and Hocoma AG (Switzerland) among others.

Medical Robotic System Market Segmentation

Medical Robotic System Market By Product

• Surgical Robots
• Rehabilitation and Pharmacy Automation Robots
• Non-invasive Radiosurgery Robots
• Other Medical Robotic Systems

Medical Robotic System Market By Application

• Neurology 
• Laparoscopic
• Orthopedic 
• Other 

Medical Robotic System Market By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of Latin America
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA