Surging Preference For Minimally Invasive Procedures Fuels Growth In The Medical Robotics Market Driving Market Acceleration in the Medical Robotics Industry, 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Medical Robotics Industry Market Size Be by 2025?
The market size of medical robotics has exponentially expanded over the recent years. It's expected to increase from $14.59 billion in 2024 to $16.86 billion in 2025, boasting a compound annual growth rate (CAGR) of 15.6%. The historic growth period is tied to several factors, including surge in demand for precision and accuracy, rise in the adoption of minimally invasive surgical procedures, prevalence of chronic disorders, investments in R&D, and broadening applications within the healthcare sector.

What's the Long-Term Growth Forecast for the Medical Robotics Market Size Through 2029?
Expectations are high for a substantial surge in the medical robotics market size in the coming years. It is predicted that it will climb to $35.66 billion in 2029, exhibiting a notable compound annual growth rate (CAGR) of 20.6%. The predicted growth within the forecast period could be due to factors such as enhanced consumer demand for better healthcare, regulatory support and standards, enhanced availability and cost-effectiveness, demand for remote surgery and telepresence, and integration with AI and machine learning. The forecast period also advertises major trends such as the development of patient-centric robots, progress in surgical procedures, the increase in minimally invasive surgeries, a larger role in rehabilitation, and the demand for telepresence and remote surgeries.

View the full report here:
https://www.thebusinessresearchcompany.com/report/medical-robotics-global-market-report

What Are the Key Growth Drivers Fueling the Medical Robotics Market Expansion?
The medical robotics market's expansion is significantly influenced by an escalating inclination towards minimally invasive surgery (MIS). This surgery type encompasses numerous techniques that utilize medical robots to perform operations that inflict less damage on the body compared to traditional open surgery. Patients are increasingly opting for minimally invasive surgeries due to advantages like reduced postoperative discomfort, fewer post-surgery complications, shorter hospitalization periods, and quicker recovery times. For example, a study carried out by researchers from Johns Hopkins and published in JAMA Surgery suggests that the collective adoption of more minimally invasive procedures over conventional open surgery for standard operations on the appendix, colon, and lungs could help American hospitals prevent numerous postoperative complications and save between $280 million and $340 million annually. Similarly, data from the American Society of Plastic Surgeons divulged that 26.2 million minimally invasive and surgical treatments were undertaken in the US in September 2023. Consequently, the growing predilection for minimally invasive surgery is propelling the medical robotics market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5897&type=smp

What Are the Key Trends Driving Medical Robotics Market Growth?
Partnerships between companies are becoming a significant trend in the medical robotics market. Firms in this sector are embarking on numerous collaborations to innovate and create new products. As an example, Novanta, a US-based advanced photonics firm announced a strategic partnership with MassRobotics, a US-based robotics and AI firm in February 2022. The aim is to further advancements in medical and surgical robotics. The business units of Novanta, specifically Celera Motion and ATI Industrial Automation, will work together with MassRobotics to develop cutting-edge innovations in medical and surgical robotics and enhance productivity in robotics.

How Is the Medical Robotics Market Segmented?
The medical robotics market covered in this report is segmented -

1) By Product: Surgical Robotics Systems, Rehabilitation Robotics Systems, Non-invasive Radiosurgery Systems
2) By Application: Laparoscopy, Neurosurgery, Cardiology, Orthopedic Surgery, Pharmacy Applications
3) By End-User: Hospitals And Clinics, Specialty Centers, Rehabilitation Centers

Subsegments:
1) By Surgical Robotics Systems: Robotic-Assisted Surgical Systems, Minimally Invasive Surgical Robots, Teleoperated Surgical Robots
2) By Rehabilitation Robotics Systems: Exoskeletons for Rehabilitation, Robotic Therapy Devices, Assistive Robots for Patient Mobility
3) By Non-invasive Radiosurgery Systems: Stereotactic Radiosurgery Systems, CyberKnife Systems, Gamma Knife Systems

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5897&type=smp

Which Companies Are Leading the Charge in Medical Robotics Market Innovation?
Major companies operating in the medical robotics market include Johnson & Johnson, Medtronic plc, Siemens Healthineers AG, Stryker Corporation, GE Healthcare, Philips Healthcare, Boston Scientific Corporation, Intuitive Surgical, Smith & Nephew plc, KUKA Roboter GmbH, Varian Medical Systems, Kirby, Omnicell, iRobot Corporation, Globus Medical, Hansen Medical, Renishaw plc, Accuray Inc., Kinova Robotics, Hocoma AG, Titan Medical Inc., Ekso Bionics, TransEnterix Inc., ReWalk Robotics, Houston Medical Robotics, Medrobotics Corporation

Which Regions Are Leading the Global Medical Robotics Market in Revenue?
North America will be the largest region in the medical robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5897

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.