Medical Robotic Systems Market to reach US$ 25,738.8 Mn by 2025

This report on medical robotic systems market studies the current as well as future prospects of the global market. Stakeholders of this report include companies and intermediaries engaged in manufacture, commercialization, and new entrants planning to enter the medical robotic systems market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments considered in the scope of the study. This section also provides the overall information and data analysis of the global medical robotic systems market with respect to the leading market segments based on product type and country/sub-region.

The global medical robotic systems market is divided into two segments: product type and region. Based on product type, the market is further divided into sub-segments surgical robots, non-invasive radiosurgery robotic systems, emergency response robotic systems, prosthetics/exoskeletons, assistive and rehabilitation systems, and non-medical robotics in hospitals. Surgical robots is further segmented into orthopedic robotic systems, neurosurgery robotic systems, general laparoscopy robotic systems, and steerable robotic catheters. The non-medical robotics in hospitals segment is categorized into telemedicine robots, cart transportation robots, and robotic hospital pharmacies.

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Global Medical Robotic Systems Witness Most Promising Rise in Demand:

Rapid growth of the medical robotic systems is attributed to a blend of technological improvements such as use of more efficient motors, compact and light materials, power back-up and sophisticated controls and safety mechanisms, along with more economic versions. Moreover, rise in demand for minimal invasive surgeries further boosts the medical robotic systems market. Medical robotic systems have been widely used for minimal invasive surgeries in the field of gynecology, cosmetology, open surgery, laparoscopic procedures, and flexible endoscopic procedures. These techniques cause minimal complications, reduce risk of infections, cause less pain, and have faster recovery time which leads to shorter hospital stay as compared to traditional therapies and treatments. These factors help increase acceptance and adoption of medical robotic systems by many medical facilities and centers. Medical robotic systems are self-powered, computer-controlled devices programmed to aid in positioning and manipulation of surgical instruments. The global medical robotic systems market was valued more than US$ 5,581.8 Mn and anticipated to reach US$ 25,738.8 Mn by 2025.

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The global medical robotic systems market has been segmented based on product type and geography. In terms of product type, the surgical robots segment is anticipated to account for around 60% share of the market. Technological advancements, new product launches, and increase in purchasing power of hospitals and other health care setting are anticipated to propel the surgical robots segment during the forecast period. Demand for assistive and rehabilitation robots is anticipated to increase during the forecast period. Efficiency of such robots is speeding up the rehabilitation process among patients and reducing efforts of physicians. Easy performance mapping and therapy customization are major factors that have increase demand for such robots in the global market. Intense research & development in technology, design, efficiency, and safety of these systems is projected to create huge opportunities in the market segment in the future.

 Key Players of Medical Robotic Systems Report:

Market players operating in the medical robotic systems market include Intuitive Surgical Inc., Accuray Incorporated, Hansen Medical Inc, Aethon, TransEnterix Surgical, Inc., Stereotaxis Inc. ReWalk Robotics, Titan Medical Inc., Stryker, and Medtech SA.

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