Medical Robotic System Market, by Product Type (Instruments & Accessories, Medical Robotic Systems (Surgical Robots (Orthopedic Robotic Systems, Neurosurgery Robotic Systems, General Laparoscopy Robotic Systems, and Robotic Catheters/ Steerable Catheters)

Medical Robotic System Market, by Product Type (Instruments & Accessories, Medical Robotic Systems (Surgical Robots (Orthopedic Robotic Systems, Neurosurgery Robotic Systems, General Laparoscopy Robotic Systems, and Robotic Catheters/ Steerable Catheters), Rehabilitation Robots, Telepresence Robotic System, and Other Robotic Systems), by End User (Hospital and Ambulatory Surgical Center), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Medical robotic systems market is mainly influenced by surgical robots. Robotic systems are used for orthopedics, neurosurgery, laparoscopy, and catheter operations. Advancements in the technology and technique to treat patients by minimal invasive methods are expected to drive growth of the medical robotic systems market. Such systems help in reducing chronic pain and hospital stay, and increases accuracy of surgery, thus being a preferred option. Non-invasive radiosurgery robots provide non-invasive treatment for patients suffering from complex tumors. Such patients cannot undergo normal operation and are treated with radiation Cyberknife, a robotic radiosurgery system. Cyberknife systems deliver high doses of radiation with high accuracy to a broad range of tumors throughout the body.
Increasing use of hospital and pharmacy robots in developed economies are expected to boost growth of the medical robotic systems market over the forecast period.
Market Dynamics
Increasing geriatric population, who are more prone to higher risk injuries due to their weak skeletal system are expected to boost medical robotic systems market growth. For instance, according to the National Institute on Aging, 617 million people were recorded to be 65 years of age and above, accounting for 8.5% of the world's population in 2015, which is expected to increase triple, reaching to 1.6 billion, representing 17% of the global population by 2050.
However, high cost of installation and maintenance of medical robotic system is expected to hinder growth of the market during the forecast period. The cost of medical robotic products, such as robotic surgical systems, ranges from US $ 1 million to US $ 2.5 million per unit.
Key features of the study:
This report provides in-depth analysis of the medical robotic system market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
It profiles key players in the global medical robotic systems market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and strategies
Key players covered as a part of this study include Intuitive Surgical, Transenterix, Medrobotics, Verb Surgical, Hansen Medical, MEDTECH, Titan Medical, Microbot Medical, Aethon, and Aesynt
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, government initiatives, technological upgradation, market expansion, and marketing tactics
The global medical robotic systems market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for medical robotic system market, research and consulting firms, new entrants, and financial analysts.
Detailed Segmentation:
Global Medical Robotic Systems Market, By Product Type:
Instrument & Accessories
Surgical Robotic Systems
Orthopedic Robotic Systems
Neurosurgery Robotic Systems
General Laparoscopy Robotic Systems
Robotic Catheters/ Steerable Catheters
Rehabilitation Robotic Systems
Telepresence Robotic System
Other Robotic Systems
Global Medical Robotic System Market, By End User:
Hospital
Ambulatory Surgical Center
Global Medical Robotic System Market, By Region:
North America
By Country:
U.S.
Canada
By Product Type:
Instrument & Accessories
Medical Robotic Systems
Surgical Robotic Systems
Orthopedic Robotic Systems
Neurosurgery Robotic Systems
General Laparoscopy Robotic Systems
Robotic Catheters/ Steerable Catheters
Rehabilitation Robotic Systems
Telepresence Robotic System
Other Robotic Systems
By End User:
Hospital
Ambulatory Surgical Center
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Product Type :
Instrument & Accessories
Medical Robotic Systems
Surgical Robotic Systems
Orthopedic Robotic Systems
Neurosurgery Robotic Systems
General Laparoscopy Robotic Systems
Robotic Catheters/ Steerable Catheters
Rehabilitation Robotic Systems
Telepresence Robotic System
Other Robotic Systems
By End User:
Hospital
Ambulatory Surgical Center
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Product Type :
Instrument & Accessories
Medical Robotic Systems
Surgical Robotic Systems
Orthopedic Robotic Systems
Neurosurgery Robotic Systems
General Laparoscopy Robotic Systems
Robotic Catheters/ Steerable Catheters
Rehabilitation Robotic Systems
Telepresence Robotic System
Other Robotic Systems
By End User:
Hospital
Ambulatory Surgical Center
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Product Type :
Instrument & Accessories
Medical Robotic Systems
Surgical Robotic Systems
Orthopedic Robotic Systems
Neurosurgery Robotic Systems
General Laparoscopy Robotic Systems
Robotic Catheters/ Steerable Catheters
Rehabilitation Robotic Systems
Telepresence Robotic System
Other Robotic Systems
By End User:
Hospital
Ambulatory Surgical Center
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Product Type :
Instrument & Accessories
Medical Robotic Systems
Surgical Robotic Systems
Orthopedic Robotic Systems
Neurosurgery Robotic Systems
General Laparoscopy Robotic Systems
Robotic Catheters/ Steerable Catheters
Rehabilitation Robotic Systems
Telepresence Robotic System
Other Robotic Systems
By End User:
Hospital
Ambulatory Surgical Center
Africa
By Country/Region:
South Africa
Central Africa
North Africa
By Product Type :
Instrument & Accessories
Medical Robotic Systems
Surgical Robotic Systems
Orthopedic Robotic Systems
Neurosurgery Robotic Systems
General Laparoscopy Robotic Systems
Robotic Catheters/ Steerable Catheters
Rehabilitation Robotic Systems
Telepresence Robotic System
Other Robotic Systems
By End User:
Hospital
Ambulatory Surgical Center
Company Profiles
Intuitive Surgical*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Transenterix
Medrobotics
Verb Surgical
Hansen Medical
MEDTECH
Titan Medical
Microbot Medical
Aethon
Aesynt
“*” marked represents similar segmentation in other categories in the respective section.