Press release
Medical Robots Market is anticipated to grow further till USD 34.3 billion by 2031
The global medical robots market was valued at USD 10.6 billion in 2021 and it is anticipated to grow further till USD 34.3 billion by 2031, at a CAGR of 12.4% during the forecast period.New York, Global Medical Robots Market report from Global Insight Services is the single authoritative source of intelligence on Medical Robots Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Medical robots are professional service robots that are utilized both within and outside of hospitals to raise the standard of care provided to patients. They lessen the workload of medical professionals, allowing them to devote more time to actively caring for patients, and they establish extensive operational procedures that result in effectiveness and lower investments in healthcare amenities.
Major Players in the Global Medical Robots Market
The major players studied in the report are Intuitive Surgical, Stryker Corporation, Hocoma, Mazor Robotics, Hansen Medical (A Wholly Owned Subsidiary of Auris Surgical Robotics), Accuray, Omnicell, ARxIUM, Ekso Bionics, and Kirby Lester among others.
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Market Trends and Drivers
The main factor propelling market growth is the expansion of robot-assisted training's applications in rehabilitation therapy. Robotic rehabilitation therapy provides high-dose and intense training, making it beneficial for patients with motor problems brought on by spinal cord illness or stroke. End-effector and exoskeleton are the main components of robotic devices used for motor rehabilitation. The use of robot-assisted therapy is for patients recovering from strokes to have better gait function.
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Global Medical Robots Market Segmentation
By Product
Instruments & Accessories
Robotic System
By Application
Laparoscopy
Orthopedic Surgeries
Neurosurgeries
Pharmacy Applications
By Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Spain
Rest of Europe
The Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
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