Global Medical Robots Market to Reach $35.7 Billion by 2030
The global market for Medical Robots estimated at US$11.1 Billion in the year 2022, is projected to reach a revised size of US$35.7 Billion by 2030, growing at a CAGR of 15.7% over the analysis period 2022-2030. Instrument & Accessories, one of the segments analyzed in the report, is projected to record 17.2% CAGR and reach US$17 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Robotic Systems segment is readjusted to a revised 15.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 14.7% CAGR
The Medical Robots market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2030 trailing a CAGR of 14.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.3% and 12.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.Select Competitors (Total 67 Featured) -
- Accuray Inc.
- Epson Robots
- Intuitive Surgical Inc.
- Mazor Robotics Ltd.
- Omnicell Inc.
- Restoration Robotics Inc.
- RST Automation LLC
- Smith & Nephew Plc
- Stryker Corporation
- Titan Medical Inc.
- Zimmer Biomet Holdings Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accuray Inc.
- Epson Robots
- Intuitive Surgical Inc.
- Mazor Robotics Ltd.
- Omnicell Inc.
- Restoration Robotics Inc.
- RST Automation LLC
- Smith & Nephew Plc
- Stryker Corporation
- Titan Medical Inc.
- Zimmer Biomet Holdings Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 286 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 7.8 Billion |
Forecasted Market Value ( USD | $ 22.3 Billion |
Compound Annual Growth Rate | 16.2% |
Regions Covered | Global |