$56.5 Billion Medical Robotic Systems Markets - Global Industry Analysis and Growth Forecast to 2030 - ResearchAndMarkets.com

·4 min read

The "Medical Robotic Systems Market Research Report: By Type, Application, Indication, End User - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The global medical robotic systems market is predicted to generate a revenue of $56.5 billion by 2030, increasing from $7.6 billion in 2019, progressing at a 20.2% CAGR during the forecast period (2020-2030)

The market is witnessing growth due to the rising need for robotic procedures, growing utilization of automated pharmacy, increasing geriatric population, which, in turn, is driving demand for elderly care, and surging healthcare and medical robotics expenditure.

On the basis of type, the market is divided into radiosurgery, surgical, rehabilitation, and automated dispenser, among which, the surgical division held the major share of the market during the historical period (2014-2019). The division is further expected to advance at the fastest pace and account for the major share of the market during the forecast period due to the rising requirement for minimally invasive robotic surgeries that need lesser effort and time, as compared to manual surgeries.

Another factor resulting in the growth of the medical robotic systems market is the increasing geriatric population. As per the United Nations' report published in 2017, the number of people aged 60 years or above is expected to rise to 2.1 billion in 2050 and 3.1 billion in 2100. Because of the shortage in the number of caregivers and the increasing financial burden, there is a need for finding a more efficient way to provide medical services to the geriatric population. This can be done by using medical robotic systems.

In conclusion, the market is growing due to the surging geriatric population and rising requirement for robotic procedures across the globe.

Key Topics Covered:

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Baseline Methodology

2.4 Market Size Estimation

2.5 KOLs' Sources

2.6 Data Triangulation

2.7 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Type Surgical Automated dispenser Rehabilitation Radiosurgery Others

4.1.2 By Application Treatment Pharmacy automation Others

4.1.3 By Indication Urology Gynecology Cardiothoracic surgery Orthopedics Neurosurgery Others

4.1.4 By End User Hospitals and ASCs Rehabilitation centers Pharmacies Others

4.2 Market Dynamics

4.2.1 Trends Technological advancements in the area of robotics Increasing launch of robotic systems in the medical industry Development of robotic MIS

4.2.2 Drivers Growing demand for robotic procedures Surging geriatric population leading to rising demand for elderly care Increasing use of automated pharmacy systems Rising healthcare and medical robotics expenditure Impact analysis of drivers on market forecast

4.2.3 Restraints Low acceptance rate, unfamiliarity, and lack of ethical framework Impact analysis of restraint on market forecast

4.2.4 Opportunities Untapped market in emerging economies

4.3 Impact of COVID-19

4.4 Porter's Five Forces Analysis

Chapter 5. Global Market Size and Forecast

5.1 By Type

5.2 By Application

5.3 By Indication

5.4 By End User

5.5 By Region

Chapter 6. North America Market Size and Forecast

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape

11.1 Company Share Analysis

11.2 Strategic Developments of Key Players

11.2.1 Product Launches

11.2.2 Acquisitions

11.2.3 Others

Chapter 12. Company Profiles

12.1 Business Overview

12.2 Product and Service Offerings

12.3 Key Financial Summary

  • Accuracy Incorporated

  • Hocoma AG

  • Capsa Healthcare

  • Medrobotics Corporation

  • Titan Medical Inc.

  • ARxIUM Inc.

  • Intuitive Surgical Inc.

  • Omnicell Inc.

  • Medtronic plc

  • Globus Medical Inc.

  • Zimmer Biomet Holdings Inc.

  • Stryker Corporation

  • Smith & Nephew plc

  • Johnson & Johnson

  • Stereotaxis Inc.

  • Hansen Medical Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ekcjvq.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201125005811/en/


Laura Wood, Senior Press Manager

For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900