Medical Robotic System Market - Global Industry Analysis 2025

Medical Robotic Systems – A Paradigm Shift in Patient Care

Medical robotic systems are used in various medical application and differ depending on its usage. These include surgical robotic systems, spine robotic systems, laparoscopic robotic systems, and rehabilitation robotic system. Advancements in technology coupled with an increase in surgeon or patient acceptance of laparoscopic procedures, robotic assistance, and advanced medical imaging are driving growth of the market for medical robotic systems. Utilization of medical robotic systems improves the outcomes of surgery, reduces the hospital stay, and causes less trauma to the patient. Increasing demand for minimal invasive therapy and surgery is also expected to favor growth of the medical robotic systems market. Furthermore, in neurology the targeted cells are surrounded by delicate tissue, wherein a surgeon is unable to control the precision of the surgery, which may cause damage to healthy tissues. Thus, robotic systems are used to make precise and accurate motions based on the medical images obtained. These robotic systems are also employed in radiosurgery, where the focused beams of ionizing radiation are directed at the patient, primarily to treat tumors. Rehabilitation robotic systems are designed in a way that allows autonomy for people with disabilities. Thus, the demand for such systems is expected to increase, in turn augmenting growth of the medical robotic systems market. Several other robotic systems are under research and development, which when approved by the FDA are expected to boost growth of the market for medical robotic systems in the near future.

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Few growth restraining factors of the market are high cost associated with such systems and stringent regulations for identified medical robotic systems. Besides, any harm caused to patients during robotic surgeries, further results in product recall or termination. For instance, Hansen Medical Magellan Robotic System was terminated in September 2015, based on two incidents, when an unexpected event occurred during a retraction operation of catheter.

The global medical robotic systems market was valued at US$ 6,816.4 million in 2016 and is expected to witness a robust CAGR of 14.8 % over the forecast period (2017-2025).

Modern surgery techniques and awareness among the populace are expected to favor market growth

Medical robotic systems are extensively used in laparoscopic surgery, which is a minimal invasive surgery to treat hernia. This is expected to provide immense opportunity for growth of the market for medical robotic systems. North America accounts for the largest share in the global medical robotic systems market, followed by Europe. This is mainly attributed to the presence of skilled surgeons in North America and availability of maximum number of robotic systems in the region. The medical robotic market is expected to exhibit a high growth rate in the Asia-Pacific over the forecast period, supported by increasing prevalence of surgery. Increasing expenditures on healthcare by the population, is also expected to boost market growth. China and Japan hold the most developed medical robotic systems market in Asia Pacific.

Furthermore, increasing geriatric population, being more prone to higher risk injuries due to their weak skeletal system, are expected to favor growth, especially for the rehabilitation robotic systems segment in the market. According to National Institute on Aging, 524 million people were recorded to be 65 years of age and above, accounting for 8% of the world's population in 2010, which is expected to triple in number to 1.5 billion, representing 16% of the world's population by 2050.

Wide application of medical robotic systems in healthcare is expected to favor growth of the medical robotic systems market

Laparoscopy, neurology, rehabilitation, hospital, pharmacies, and orthopedics are the major application of medical robotic systems, which are expected to drive growth of the market. Rapid adoption of medical robotic systems in hospitals and growing preference for minimally invasive surgeries are also expected to fuel the market growth. For neurology application, Renaissance, Mazor Robotics, the first generation system cleared FDA approval in 2011 and received CE mark for spinal surgery and brain operations. The preciseness provided by medical robotic systems is projected to be the key factor fueling demand for robotic systems in various surgeries.

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Some major players operating in the medical robotic system market are Intuitive Surgical, Transenterix, Medrobotics, Verb Surgical, Hansen Medical, MEDTECH, Titan Medical, Microbot Medical, Aethon, and Aesynt.

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This release was published on openPR.