Global 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 from Global Insight Services is the only authoritative source for intelligence on the Medical Robots Market. The report will provide you with an analysis of the impact of the latest market disruptions such as the Russo-Ukrainian War and Covid-19 on the market. The report provides a qualitative analysis of the market using various frameworks such as Porters Analysis and PESTLE. The report includes in-depth segmentation and market size data by categories, product types, applications, and geographic regions. The report also includes a comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as mergers and acquisitions 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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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
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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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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