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    Medical Robotics Market

    ID: MRFR/MED/0803-CR
    149 Pages
    Kinjoll Dey
    August 2023

    Medical Robotics Market Research Report Information by Type (Equipment, Service, and Consumables), by Product (Surgical Robots, Rehabilitation Robots, Noninvasive Radiosurgery Robots, Hospital & Pharmacy Robots, Emergency Response Robotic Systems, Logistics/Handling Robotic Systems, and Imaging Robotic Systems), by Application (Neurology, Oncology, Orthopedic, Laparoscopy, Cardiology, Aesthetic Surgery, Rehabilitation, Angiography, and Others), by Setting (Home-Care, In-Patient, and Out-Patient), by End User (Hospital & Clinics, Spec...

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    Medical Robotics Market Summary

    As per Market Research Future Analysis, the Global Medical Robotics Market was valued at 18.07 USD Billion in 2024 and is projected to grow to 77.63 USD Billion by 2034, at a CAGR of 15.69% from 2025 to 2034. The market is driven by the increasing applications of medical robotics, technological advancements, and strategic initiatives. Surgical robotics is a key growth area, enhancing minimally invasive surgeries and improving recovery times. The rise in medication errors is also driving demand for automation in dispensing processes.

    Key Market Trends & Highlights

    The medical robotics market is witnessing significant growth due to various factors.

    • Market Size in 2024: 18.07 USD Billion
    • Projected Market Size by 2034: 77.63 USD Billion
    • CAGR from 2025 to 2034: 15.69%
    • Rehabilitation robots segment dominated the market in 2022

    Market Size & Forecast

    2024 Market Size USD 18.07 Billion
    2025 Market Size USD 20.91 Billion
    2034 Market Size USD 77.63 Billion

    Major Players

    Auris Health Inc. (US), Medtronic (Ireland), Zimmer Biomet (US), Renishaw Plc. (UK), Health Robotics S.R.L (Europe), Stryker (US), Smith+Nephew (UK), Intuitive Surgical (US), KUKA AG (Germany), CMR Surgical (UK)

    Medical Robotics Market Trends

    Growing applications of medical robotics in healthcare fuels market growth

    Surgical robotics has emerged as a new growth point and technological incubator in modern surgery. Robot-assisted surgeries were developed to augment the capabilities of surgeons while performing open surgeries on a patient or to address the limits of existing minimally invasive surgery technologies. 

    Minimally invasive surgery with surgical robotics aids in reducing recovery time, accelerating healing, and in avoiding scarring. The increased need for minimally invasive surgical treatments, as well as the use of medical robotics in helping surgical procedures, have significantly improved the efficacy of surgical operations. Therefore, the above-mentioned factors are promoting market growth.

    Furthermore, the number of prescriptions filled for American adults and children rose by 85%, from 2.4 billion to 4.5 billion a year, between 1997 and 2016. The rising incidence of medication errors, particularly dispensing errors in hospitals and retail pharmacies, is a burden on pharmacists and driving demand for medical robotics for automating the dispensing process. According to the data published by Enliven Health in July 2020, medication errors harm at least 1.5 million people, and around 7,000-9,000 people die due to medication errors per year in the US.

    Market Segment Insights

    Medical Robotics Type Insights

    The Medical Robotics Market segmentation, based on type, includes equipment, service, and consumables. The equipment segment held the majority share in the market in 2022. The fundamental modules in equipment generally comprise a controller unit and a manipulator. 

    The manipulator is usually in the form of a robot arm that is designed to perform actions and consists of jointed segments, sensors, a drive system, and an effector. Procuring equipment generally consists of complete robotic systems and is generally capital-intensive. The equipment goes through rigorous regulatory checks and clinical trials. Only after receiving market authorizations do such products enter into the commercial market.

    Medical Robotics Product Insights

    The Medical Robotics Market segmentation, based on product, includes surgical robots, rehabilitation robots, noninvasive radiosurgery robots, hospital & pharmacy robots, emergency response robotic systems, logistics/handling robotic systems, imaging robotic systems. The rehabilitation robots segment dominated the market in 2022. The surgical robots segment is further divided into soft tissue surgery, hard tissue surgery, and microsurgery.

    Furthermore, the rehabilitation robots segment is further divided into assistive robots, prosthetics, orthotics, therapeutic robots, and exoskeleton robotic systems. Moreover, the hospital and pharmacy robots are further divided into telemedicine robots, I.V. robots, pharmacy robots, and cart transportation robots. Rehabilitation robots augment patient rehabilitation through the application of robotic devices. 

    These robots allows patients to practice movements aided by the robot. In recent years, there has been a rapid and vast development of robots for the rehabilitation of sensorimotor deficits after damage to the central nervous system (CNS). For instance, in December 2021, Inrobics Social Robotics launched an AI-based robotic device to improve health rehabilitation. 

    Further, in November 2019, Toyota Motor Corporation (Toyota) launched the new Welwalk WW-2000, a robot designed to provide rehabilitation support to individuals with lower limb paralysis as a result of stroke and other causes. In addition, current advancements in rehabilitation processes, methodologies, tools, and the rapid incorporation of AI are expected to increase the market for rehabilitation robots.

    Figure 2: Medical Robotics Market, by Product, 2024 & 2032 (USD Billion)

    Medical Robotics Market, by Product

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Medical Robotics Application Insights

    Based on application, the global medical robotics industry has been segmented into neurology, oncology, orthopedic, laparoscopy, cardiology, aesthetic surgery, rehabilitation, angiography, and others. The oncology segment is further divided into breast cancer, intraoperative radiation therapy, and others. Moreover, the orthopedic segment is further bifurcated into non-contact bone cutting and bone surgery and others.

    The laparoscopy segment held the largest market share in 2022. Laparoscopic devices are proved to be effective tools for diagnostic and therapeutic purposes. The rise in funding and reimbursement framework has been observed in laparoscopy-assisted surgeries. 

    There has been an increasing adoption of robot-assisted laparoscopy procedures in recent times. The demand for robot-assisted minimally invasive surgery is increasing due to the significant benefits associated with laparoscopic surgical procedures, such as small or no incision, short hospital stays, less pain, quick recovery time, less wounds, and reduced blood loss.

    Medical Robotics Setting Insights

    The Medical Robotics Market segmentation, based on setting, includes homecare, in-patient, and out-patient. The out-patient segment dominated the market in 2022. There’s increasing adoption of surgical robotics in outpatient settings owing to its several benefits such as immediate treatment.

    Medical Robotics End User Insights

    The Medical Robotics Market segmentation, based on end user, includes hospital & clinics, specialty centers, rehabilitation centers, and others. The hospital & clinics segment dominated the market in 2022. This is because hospitals and clinics provide patients with all types of treatment options and consultations in a single visit. 

    The market growth of hospitals & clinics is due to the increasing number of hospitals and the rising number of surgeries. The hospitals & clinics segment is attributed to the growing adoption of medical robotics for various applications including surgery, I.V. preparations, sterilization, logistics, diagnostics, and more.

    Regional Insights

    By Region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. The North America medical robotics market accounted for the largest market share in 2022. Key factors attributed to it are the increasing efficiency of medical robots in performing tasks that include surgeries in the geriatric population and mounting cases of trauma injuries are some of the major factors driving the growth of the medical robotics market in the region.

    Further, the major countries will be study are: The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 3: MEDICAL ROBOTICS MARKET BY REGION 2022 & 2032 (USD Billion)

    MEDICAL ROBOTICS MARKET BY REGION

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe medical robotics market accounted for the second-largest market share due to increasing geriatric population in the developed countries and the globalization of healthcare. Furthermore, the Germany medical robotics market attributed to hold the largest market share, and the France medical robotics market is projected be the fastest growing market in the Europe region.

    The Asia-Pacific medical robotics market is expected to be the fastest growing from 2024 to 2032 due to the rising geriatric population and the rise in the demand for minimally invasive and non-invasive surgical procedures. rising geriatric population and the rise in the demand for minimally invasive and non-invasive surgical procedures. Moreover, China medical robotics market accounted to hold the largest market share, and the India medical robotics market is projected to be the fastest growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Despite several market drivers having a significant impact on market growth, the growth projectile of market players is dependent on market conditions, government assistance, and industry development. However, the market is highly competitive, with well-established companies, well-defined market entry channels, and a robust product innovation pipeline. Several industry participants are introducing products to differentiate themselves in this competitive market.

    Auris Health Inc. (Auris) is a leading company that develops minimally invasive techniques. Moreover, the company transforms medical intervention by integrating robotics, micro-instrumentation, endoscope design, sensing, and data science into one platform. Additionally, Auris Health was acquired by Ethicon (a subsidiary of Johnson & Johnson Services, Inc.) in 2019 to expand its digital surgery portfolio. The company has a global presence in more than 170 countries worldwide.

    Moreover, In May 2022, Ethicon's monarch received FDA approval for urology procedures. Initially, the monarch was only used for bronchoscopy.

    Industry Developments

    October 2021: Medtronic received CE mark approval for the Hugo robotic-assisted surgery (RAS) system, authorizing the sale of the system in Europe.

    April 2021:Zimmer Biomet received FDA clearance for the rosa partial knee system for robotically assisted partial knee replacement surgeries.

    October 2019: Stryker acquired Mobius Imaging, LLC (US), a leader in point-of-care imaging technology, as well as GYS Tech, LLC, its sister company (US). Mobius Imaging and Cardan Robotics bring advanced imaging and robotics expertise, as well as a robust product pipeline, which allows Stryker to expand its presence in Orthopaedics, Spine, and Neurotechnology.

    Market Segmentation

    Medical Robotics Type Outlook

    • Equipment
    • Service
    • Consumables

    Medical Robotics Product Outlook

    • Surgical Robots
    • Rehabilitation Robots
    • Noninvasive Radiosurgery Robots
    • Hospital and Pharmacy Robots
    • Emergency Response Robotic Systems
    • Logistics/Handling Robotic Systems
    • Imaging Robotic Systems

    Medical Robotics Setting Outlook

    • Home-Care
    • In-Patient
    • Out-Patient

    Medical Robotics End User Outlook

    • Hospitals & Clinics
    • Specialty Centers
    • Rehabilitation Centers
    • Others

    Medical Robotics Regional Outlook

    North America
    • US
    • Canada

    Medical Robotics Application Outlook

    • Neurology
    • Oncology
    • Orthopedic Robotic Systems
    • Laparoscopy
    • Cardiology
    • Aesthetic surgery
    • Rehabilitation
    • Angiography
    • Others

    Report Scope

    Attribute/Metric Details
    Market Size 2024   18.07 (USD Billion)
    Market Size 2025   20.91 (USD Billion)
    Market Size 2034   77.63 (USD Billion)
    Compound Annual Growth Rate (CAGR)   15.69 % (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2020 - 2024
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Product, Application, Setting, End User, and Region
    Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
    Countries Covered The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Auris Health Inc. (US), Medtronic (Ireland), Zimmer Biomet (US), Renishaw Plc. (UK), Health Robotics S.R.L (Europe), Stryker (US), Smith+Nephew (UK), Intuitive Surgical (US), KUKA AG (Germany), and CMR Surgical (UK)
    Key Market Opportunities Increasing demand for automation
    Key Market Drivers Growing applications of robots in healthcare Growing initiatives and development movements in the market helps in the growth Technological advancements in medical robotics

    Market Highlights

    Author
    Kinjoll Dey
    Research Analyst Level I

    He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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    FAQs

    How much is the medical robotics market?

    The Medical Robotics Market is anticipated to reach 77.63 billion at a CAGR of 15.69% during the forecast period of 2025 - 2034

    How big is the US medical robotics market?

    The US is expected to hold 74.00% share of the North America market for medical robotics in 2022.

    What is the growth rate of the medical robotics market?

    The medical robotics market is expected to grow at a 15.69% CAGR during the forecast period from 2025 - 2034

    Which region held the largest market share in 2022 in medical robotics market?

    The North America region market is estimated to hold the largest market share in medical robotics.

    Who are the key players in the medical robotics market?

    The key players include Zimmer Biomet (US), Stryker (US), Medtronic (Ireland), Smith+Nephew (UK), and Intuitive Surgical (US).

    Which type led the medical robotics market?

    The equipment segment led the medical robotics market.

    Medical Robotics Market Research Report - Forecast till 2034 Infographic
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