Medical Robotic System Market, By Product Type (Instruments & Accessories and Robotic Systems), By End User (Hospitals, Rehabilitation Centers, Ambulatory Surgical Centers, Home-Care Settings), By Geography (North America, Latin America, Europe, Asia Paci

Medical Robotic System Market, By Product Type (Instruments & Accessories and Robotic Systems), By End User (Hospitals, Rehabilitation Centers, Ambulatory Surgical Centers, Home-Care Settings), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)


Global medical robotic system market growth is driven by increasing demand for minimally invasive surgeries and rising geriatric population globally. Robotic systems help surgeons to perform complex procedures with more precision, flexibility and control than conventional techniques. These enable 3D vision, increased dexterity and ability to reach tight spaces inside the body during operations. Robotic devices aid in less blood loss, fewer complications and reduced hospital stay for patients, thus, leading to superior clinical outcomes. Development of next-gen robotic platforms integrated with IoT, machine learning and artificial intelligence can drive the market growth.

Market Dynamics:

Global medical robotic system market growth is driven by factors such as growing prevalence of chronic diseases, rapid technological advancements in robot-assisted surgery platforms, rising demand for automation in healthcare facilities, and increased focus on patient safety. However, high costs associated with robotic systems, lack of skilled personnel, and technical issues related to system integration of these devices can hamper the market growth. Meanwhile, improving reimbursement scenario and ongoing initiatives towards reducing prices can offer lucrative growth opportunities. Connected robotics, exoskeletons for rehabilitation and emergence of flexible robotic tools that can access difficult to reach areas in the body can offer market growth opportunities.

Key Features of the Study:
  • This report provides in-depth analysis of the global medical robotic system market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices 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 key players.
  • It profiles key players in the global medical robotic system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Intuitive Surgical, Stryker Corporation, Medtronic, Smith & Nephew and Johnson & Johnson.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global medical robotic system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Detailed Segmentation-
  • By Product Type
  • Instruments & Accessories
  • Robotic Systems
  • Surgical Robotic Systems
  • Rehabilitative Robotic System
  • Non-invasive Radiosurgery Robots
  • Hospital and Pharmacy Robotic Systems
  • Telepresence Robotic System
  • Other Robotic Systems
  • By End User
  • Hospital
  • Rehabilitation Centers
  • Ambulatory Surgical Centers
  • Home-Care Settings
  • Others
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
  • Company Profiles:
  • iRobot Corporation
  • Medrobotics Corporation
  • Titan Medical Inc.
  • Renishaw Plc
  • Health Robotics SLR
  • OR Productivity plc
  • Intuitive Surgical
  • Mako Surgical Corp.
  • Varian Medical Systems
  • Stereotaxis Inc.
  • Mazor Robotics
  • Medtronic
  • Stryker
  • Zimmer Biomet
  • Smith & Nephew


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter’s Analysis
4. Global Medical Robotic System Market - Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the Market
5. Global Medical Robotic System Market, By Product Type, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Instruments & Accessories
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Robotic Systems
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Surgical Robotic Systems
Rehabilitative Robotic System
Non-invasive Radiosurgery Robots
Hospital and Pharmacy Robotic Systems
Telepresence Robotic System
Other Robotic Systems
6. Global Medical Robotic System Market, By End User, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends
Hospitals
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Rehabilitation Centers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Ambulatory Surgical Centers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Home-Care Settings
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
7. Global Medical Robotic System Market, By Region, 2019 – 2031, (USD Bn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2019–2031
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD Bn)
North Africa
Central Africa
South Africa
8. Competitive Landscape
Company Profiles
iRobot Corporation
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Medrobotics Corporation
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Titan Medical Inc.
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Renishaw Plc
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Health Robotics SLR
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
OR Productivity plc
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Intuitive Surgical
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Mako Surgical Corp.
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Varian Medical Systems
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Stereotaxis Inc.
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Mazor Robotics
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Medtronic
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Stryker
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Zimmer Biomet
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Smith & Nephew
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. References and Research Methodology
References
Research Methodology
About us and Sales Contact
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