In 2012, the Global Medical Robotic Systems Market was evaluated around USD 6.69 billion and is expected to reach approximately USD 46.24 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 21.32% over the forecast period.
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Major factors fueling the medical robots market growth are; rapidly emerging demand for efficient, precise and least invasive surgical procedures, expansion in the number of these surgical procedures owing to rising disease occurrence levels, is also expected to boost the market expansion. Development of medical infrastructure and the advent of sophisticated healthcare equipment are anticipated to make easy further adoption of robotic systems in urbanized nations.
In 2014, the North American regional market ruled the global market at around 40% due to the existence of advanced medical infrastructure and rising demand for robot-assisted surgical operations along with elevated healthcare spending levels in this region. Rising adoption of robot-assisted surgical operations in a series of surgical applications is balanced to achieve massive importance in surgeons’ armamentarium. The Asia Pacific regional medical robotic systems market is anticipated to expand at the top rate over the forecast years owing to the presence of unexplored market opportunities, continuously improving medical infrastructure, and elevated awareness levels among patients are a few of the major factors assigning to market growth.
Major Market Players:
Market players that rule the global market are; Renishaw Plc., Varian, MAKO Surgical Corp., Health robotics S.R.L, Accuracy and Intuitive Surgical, Inc.
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The global medical robotic systems market is segmented as follows –
Orthopedic Surgical Robots: Robodoc surgical system, iBlock surgical system, Stanmore Sculptor surgical system, Navio PFS surgical system, MAKO RIO surgical system
Neurosurgical Robotic Systems: Pathfinder surgical system, NeuroMate surgical system, Renaissance surgical system
Laparoscopy Robotic Systems: FreeHand endoscope holder system, Da Vinci robotic surgery system, Telelap ALF-X surgical system
Steerable Robotic Catheters
Rehabilitation Robots: Assistive Robots, Prosthetics, Orthotics, Therapeutic Robots, Exoskeleton Robotic Systems
Noninvasive Radiosurgery Robots: TrueBeam STx radiosurgery system, CyberKnife robotic radiosurgery system, Gamma Knife Perfexion radiosurgery system
Hospital and Pharmacy Robots: Telemedicine Robots, I.V. Robots, Pharmacy Robots, Cart transportation robots
Emergency response robotic systems: LS-1 robotic system, AutoPulse Plus robotic system
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