The latest research study “Medical Robotic Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, the global medical robotic systems market size reached US$ 13.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 42.18 Billion by 2027 exhibiting a growth rate (CAGR) of 19.50% during 2022-2027.
Medical robotic systems are customized to be used for surgical interventions and rehabilitation in healthcare facilities. They can be categorized into orthopedic surgical robots, neurosurgical robotic systems, laparoscopy robotic systems, prosthetics, orthotics, etc. These medical robotic systems typically consist of mechanical arms integrated with surgical instruments and in-built HD cameras. They allow surgeons to manipulate surgical tools or catheters inside the body of a patient more dexterously. Medical robotic systems provide improved visualization functionalities with a detailed view of the concerned area demonstrated up to microscopic structures and form a crucial component in minimally invasive surgeries (MIS). Consequently, they find extensive applications in hospitals, ambulatory surgical centers, rehabilitation centers, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Medical Robotic Systems Market Trends and Drivers:
The rising demand for MIS, owing to the numerous advantages, such as reduced pain, decreased scarring, smaller incisions, faster recovery period, etc., is primarily driving the medical robotic systems market. Furthermore, the introduction of advanced technologies in novel surgical modalities is acting as another significant growth-inducing factor.
Besides this, the increasing focus among leading market players towards designing assistive and therapy robots for patients suffering from neurological issues is also positively influencing the global market. Additionally, the elevating target patient population and the growing medical tourism in developing countries are further stimulating the market growth.
Moreover, the launch of innovative motion sensors, 3D-Imaging, data recorders, robotic catheter control systems (CCS), data analytics, remote navigation, etc., is expected to propel the medical robotic systems market in the coming years
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product:
• Surgical Robots
o Orthopedic Surgical Robots
o Neurosurgical Robotic Systems
o Laparoscopy Robotic Systems
o Steerable Robotic Catheters
• Rehabilitation Robots
o Assistive Robots
o Prosthetics
o Orthotics
o Therapeutic Robots
o Exoskeleton Robotic Systems
• Noninvasive Radiosurgery Robots
o TrueBeam STx Radiosurgery System
o CyberKnife Robotic Radiosurgery System
o Gamma Knife Perfexion Radiosurgery System
• Hospital and Pharmacy Robots
o Telemedicine Robots
o I.V. Robots
o Cart Transportation Robots
• Emergency Response Robotic System
Breakup by Deployment Mode:
• On-premises
• Cloud-based
Breakup by End User:
• Hospitals
• Ambulatory Surgical Centers
• Rehabilitation Centers
• Others
By Geography:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
- BASF SE, Borregaard ASA
- CHEMADA Industries Ltd. (Turpaz)
- Denisco Chemicals Pvt Ltd
- Dupont De Nemours Inc.
- Eastman Chemical Company
- Evonik Industries AG
- Koninklijke DSM N.V.
- Lonza Group AG
- Solvay S.A.
- Syntor Fine Chemicals Ltd. (Aceto Corporation)
- W. R. Grace and Co. (Standard Industries Inc.).
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