This Medical Robots market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The medical robots market size has grown rapidly in recent years. It will grow from $15.86 billion in 2024 to $18.95 billion in 2025 at a compound annual growth rate (CAGR) of 19.5%. The growth in the historic period can be attributed to minimally invasive surgery, aging population, telemedicine and remote surgery, chronic diseases, food and beverage.
The medical robots market size is expected to see exponential growth in the next few years. It will grow to $41.14 billion in 2029 at a compound annual growth rate (CAGR) of 21.4%. The growth in the forecast period can be attributed to customization and personalization, ai and machine learning integration, patient care and companion robots, pharmacy automation, nanorobotics. Major trends in the forecast period include technology advancements,cryotherapy and aesthetic procedures, biobanking and biopreservation, cryogenic storage solutions, rocket propulsion.
The growing demand for precise and effective laparoscopic operations is anticipated to drive the expansion of the medical robots market in the future. Laparoscopic procedures enable surgeons to perform intricate operations within the abdomen without direct manual entry into the body cavity. Medical robots are recognized for their efficiency in executing laparoscopic procedures, contributing to an increased demand for accurate and proper laparoscopic operations, thereby fostering the growth of the market. As an example, the Cleveland Clinic reported in March 2022 that over 13 million laparoscopic procedures are performed globally annually, with a projected 1% growth over the next five years. This surge in demand for precise and proper laparoscopic operations is a significant driver for the medical robots market.
The anticipated shortage of skilled surgeons is expected to drive the growth of the medical robots market in the coming years. Surgeons are highly trained medical professionals who carry out invasive procedures to treat, repair, or remove damaged or diseased tissues in the human body, often utilizing precise surgical techniques and instruments. Medical robots are utilized in hospitals to assist surgeons by performing precise, minimally invasive procedures, thereby enhancing surgical accuracy and reducing patient recovery times. For instance, in March 2023, the American Hospital Association, a U.S.-based national organization, projected that the United States will face a shortage of up to 124,000 physicians by 2033 and will need to hire 200,000 nurses annually to address the increasing demand. Consequently, the shortage of skilled surgeons is fueling the growth of the medical robots market.
Technological advancements emerge as a prominent trend shaping the medical robots market. Leading companies in the medical robots sector are actively involved in developing innovative technological solutions to bolster their market position. For example, Diligent Corporation, a healthcare robotics company based in the U.S., introduced Moxi in April 2022 - an AI-enabled robot designed to manage time-consuming logistical tasks in hospitals, such as setting up patient rooms and restocking supplies. Moxi possesses core technical features, including social intelligence, mobile manipulation, and human-guided learning, reflecting a notable stride in Diligent's product portfolio.
Major players in the medical robots market are strategically forming partnerships to drive market revenues. Collaborations in the medical robotics industry facilitate the synergistic use of expertise and resources, fostering innovation and expanding market outreach. In February 2022, Novanta Inc., a U.S.-based precision photonics manufacturer, partnered with MassRobotics, a U.S.-based nonprofit robotics innovation center. This collaboration aimed to advance the field of medical and surgical robotics, enhancing the efficiency of robotic systems through joint efforts between Novanta's business units, Celera Motion, and ATI Industrial Automation.
In November 2022, SS Innovation, a medical technology company based in India, acquired Avra Medical Robotics for an undisclosed amount. This acquisition will allow SS to enhance its presence in the global market. Avra will continue to concentrate on advancements in AI, machine learning, and robotic applications. Avra Medical Robotics is a provider of medical robots located in the United States.
Major companies operating in the medical robots market include Smith and Nephew plc, Strikers, Aethon, Intuitive Surgical Inc, Mazor Robotics Ltd, Intouch Technologies Inc, Renishaw plc, MedTech SA, Ekso Bionics Holdings Inc, ReWalk Robotics, Medrobotics Corporation, McKesson Corporation, Hocoma AG, Cyberdyne Inc., BD Rowa, Stryker Corporation, Medtronic plc, Zimmer Biomet Holdings Inc., Johnson & Johnson Services Inc., Hansen Medical Inc., Corindus Vascular Robotics Inc., CMR Surgical Ltd., Procept BioRobotics Corporation, TransEnterix Surgical Inc., Auris Health Inc., Titan Medical Inc., Accuray Incorporated, Synaptive Medical Inc., Omnicell Inc., Varian Medical Systems Inc., Elekta AB.
North America was the largest region in the medical robots market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical robots market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
A medical robot is a specialized service robot designed for multiple purposes, both within and outside of hospitals, aimed at enhancing the standard of care for patients. These robots are utilized in complex surgical procedures, limb replacements, stroke patient rehabilitation, and various other health-related tasks. Their applications in the medical field include assisting in surgeries, improving patient care and worker safety, as well as optimizing clinical workflow and hospital logistics.
The primary types of medical robots encompass hospital and pharmacy robotic systems, surgical robotic systems, noninvasive radiosurgery robotic systems, rehabilitation robotic systems, and others. Hospital and pharmacy robotic systems are employed for tasks such as medication distribution to patients and the automation of routine tasks in pharmacies or other healthcare settings. These solutions can be implemented on-premises or in the cloud and find applications in cardiology, laparoscopy, pharmacy services, neurosurgery, orthopedic surgery, and various other medical disciplines. They are utilized by a range of end-users, including specialty centers, hospitals and clinics, rehabilitation centers, and others.
The medical robots market research report is one of a series of new reports that provides medical robots market statistics, including medical robots industry global market size, regional shares, competitors with a medical robots market share, detailed medical robots market segments, market trends and opportunities, and any further data you may need to thrive in the medical robots industry. This medical robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The medical robots market consists of sales of radiotherapy machine robots, laboratory robots, robotic prosthetics, and social robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The medical robots market size has grown rapidly in recent years. It will grow from $15.86 billion in 2024 to $18.95 billion in 2025 at a compound annual growth rate (CAGR) of 19.5%. The growth in the historic period can be attributed to minimally invasive surgery, aging population, telemedicine and remote surgery, chronic diseases, food and beverage.
The medical robots market size is expected to see exponential growth in the next few years. It will grow to $41.14 billion in 2029 at a compound annual growth rate (CAGR) of 21.4%. The growth in the forecast period can be attributed to customization and personalization, ai and machine learning integration, patient care and companion robots, pharmacy automation, nanorobotics. Major trends in the forecast period include technology advancements,cryotherapy and aesthetic procedures, biobanking and biopreservation, cryogenic storage solutions, rocket propulsion.
The growing demand for precise and effective laparoscopic operations is anticipated to drive the expansion of the medical robots market in the future. Laparoscopic procedures enable surgeons to perform intricate operations within the abdomen without direct manual entry into the body cavity. Medical robots are recognized for their efficiency in executing laparoscopic procedures, contributing to an increased demand for accurate and proper laparoscopic operations, thereby fostering the growth of the market. As an example, the Cleveland Clinic reported in March 2022 that over 13 million laparoscopic procedures are performed globally annually, with a projected 1% growth over the next five years. This surge in demand for precise and proper laparoscopic operations is a significant driver for the medical robots market.
The anticipated shortage of skilled surgeons is expected to drive the growth of the medical robots market in the coming years. Surgeons are highly trained medical professionals who carry out invasive procedures to treat, repair, or remove damaged or diseased tissues in the human body, often utilizing precise surgical techniques and instruments. Medical robots are utilized in hospitals to assist surgeons by performing precise, minimally invasive procedures, thereby enhancing surgical accuracy and reducing patient recovery times. For instance, in March 2023, the American Hospital Association, a U.S.-based national organization, projected that the United States will face a shortage of up to 124,000 physicians by 2033 and will need to hire 200,000 nurses annually to address the increasing demand. Consequently, the shortage of skilled surgeons is fueling the growth of the medical robots market.
Technological advancements emerge as a prominent trend shaping the medical robots market. Leading companies in the medical robots sector are actively involved in developing innovative technological solutions to bolster their market position. For example, Diligent Corporation, a healthcare robotics company based in the U.S., introduced Moxi in April 2022 - an AI-enabled robot designed to manage time-consuming logistical tasks in hospitals, such as setting up patient rooms and restocking supplies. Moxi possesses core technical features, including social intelligence, mobile manipulation, and human-guided learning, reflecting a notable stride in Diligent's product portfolio.
Major players in the medical robots market are strategically forming partnerships to drive market revenues. Collaborations in the medical robotics industry facilitate the synergistic use of expertise and resources, fostering innovation and expanding market outreach. In February 2022, Novanta Inc., a U.S.-based precision photonics manufacturer, partnered with MassRobotics, a U.S.-based nonprofit robotics innovation center. This collaboration aimed to advance the field of medical and surgical robotics, enhancing the efficiency of robotic systems through joint efforts between Novanta's business units, Celera Motion, and ATI Industrial Automation.
In November 2022, SS Innovation, a medical technology company based in India, acquired Avra Medical Robotics for an undisclosed amount. This acquisition will allow SS to enhance its presence in the global market. Avra will continue to concentrate on advancements in AI, machine learning, and robotic applications. Avra Medical Robotics is a provider of medical robots located in the United States.
Major companies operating in the medical robots market include Smith and Nephew plc, Strikers, Aethon, Intuitive Surgical Inc, Mazor Robotics Ltd, Intouch Technologies Inc, Renishaw plc, MedTech SA, Ekso Bionics Holdings Inc, ReWalk Robotics, Medrobotics Corporation, McKesson Corporation, Hocoma AG, Cyberdyne Inc., BD Rowa, Stryker Corporation, Medtronic plc, Zimmer Biomet Holdings Inc., Johnson & Johnson Services Inc., Hansen Medical Inc., Corindus Vascular Robotics Inc., CMR Surgical Ltd., Procept BioRobotics Corporation, TransEnterix Surgical Inc., Auris Health Inc., Titan Medical Inc., Accuray Incorporated, Synaptive Medical Inc., Omnicell Inc., Varian Medical Systems Inc., Elekta AB.
North America was the largest region in the medical robots market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical robots market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
A medical robot is a specialized service robot designed for multiple purposes, both within and outside of hospitals, aimed at enhancing the standard of care for patients. These robots are utilized in complex surgical procedures, limb replacements, stroke patient rehabilitation, and various other health-related tasks. Their applications in the medical field include assisting in surgeries, improving patient care and worker safety, as well as optimizing clinical workflow and hospital logistics.
The primary types of medical robots encompass hospital and pharmacy robotic systems, surgical robotic systems, noninvasive radiosurgery robotic systems, rehabilitation robotic systems, and others. Hospital and pharmacy robotic systems are employed for tasks such as medication distribution to patients and the automation of routine tasks in pharmacies or other healthcare settings. These solutions can be implemented on-premises or in the cloud and find applications in cardiology, laparoscopy, pharmacy services, neurosurgery, orthopedic surgery, and various other medical disciplines. They are utilized by a range of end-users, including specialty centers, hospitals and clinics, rehabilitation centers, and others.
The medical robots market research report is one of a series of new reports that provides medical robots market statistics, including medical robots industry global market size, regional shares, competitors with a medical robots market share, detailed medical robots market segments, market trends and opportunities, and any further data you may need to thrive in the medical robots industry. This medical robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The medical robots market consists of sales of radiotherapy machine robots, laboratory robots, robotic prosthetics, and social robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Medical Robots Market Characteristics3. Medical Robots Market Trends and Strategies4. Medical Robots Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Medical Robots Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Medical Robots Market34. Recent Developments in the Medical Robots Market
5. Global Medical Robots Growth Analysis and Strategic Analysis Framework
6. Medical Robots Market Segmentation
7. Medical Robots Market Regional and Country Analysis
8. Asia-Pacific Medical Robots Market
9. China Medical Robots Market
10. India Medical Robots Market
11. Japan Medical Robots Market
12. Australia Medical Robots Market
13. Indonesia Medical Robots Market
14. South Korea Medical Robots Market
15. Western Europe Medical Robots Market
16. UK Medical Robots Market
17. Germany Medical Robots Market
18. France Medical Robots Market
19. Italy Medical Robots Market
20. Spain Medical Robots Market
21. Eastern Europe Medical Robots Market
22. Russia Medical Robots Market
23. North America Medical Robots Market
24. USA Medical Robots Market
25. Canada Medical Robots Market
26. South America Medical Robots Market
27. Brazil Medical Robots Market
28. Middle East Medical Robots Market
29. Africa Medical Robots Market
30. Medical Robots Market Competitive Landscape and Company Profiles
31. Medical Robots Market Other Major and Innovative Companies
35. Medical Robots Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Medical Robots Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on medical robots market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for medical robots? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medical robots market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) Covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Hospital and Pharmacy Robotic Systems; Surgical Robotic Systems; Noninvasive Radiosurgery Robotic Systems; Rehabilitation Robotic Systems; Other Types2) By Solutions: on-Premises; Cloud
3) By Application: Cardiology; Laparoscopy; Pharmacy; Neurosurgery; Orthopedic Surgery; Other Applications
4) By End Users: Specialty Centers; Hospitals and Clinics; Rehabilitation Centers; Other End Users
Subsegments:
1) By Hospital and Pharmacy Robotic Systems: Automated Pharmacy Dispensing Robots; Robotic Medication Management Systems; Hospital Service Robots2) By Surgical Robotic Systems: Robotic-Assisted Surgical Systems; Laparoscopic Surgical Robots; Robotic Surgical Instruments
3) By Noninvasive Radiosurgery Robotic Systems: Stereotactic Radiosurgery Systems; Image-Guided Radiation Therapy Robots
4) By Rehabilitation Robotic Systems: Robotic Exoskeletons; Assistive Robots For Physical Therapy; Gait Rehabilitation Robots
5) By Other Types: Telepresence Robots; Robotic Systems For Diagnostic Imaging; Robotic Systems For Patient Monitoring
Key Companies Mentioned: Smith and Nephew plc; Strikers; Aethon; Intuitive Surgical Inc; Mazor Robotics Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Medical Robots market report include:- Smith and Nephew plc
- Strikers
- Aethon
- Intuitive Surgical Inc
- Mazor Robotics Ltd
- Intouch Technologies Inc
- Renishaw plc
- MedTech SA
- Ekso Bionics Holdings Inc
- ReWalk Robotics
- Medrobotics Corporation
- McKesson Corporation
- Hocoma AG
- Cyberdyne Inc.
- BD Rowa
- Stryker Corporation
- Medtronic plc
- Zimmer Biomet Holdings Inc.
- Johnson & Johnson Services Inc.
- Hansen Medical Inc.
- Corindus Vascular Robotics Inc.
- CMR Surgical Ltd.
- Procept BioRobotics Corporation
- TransEnterix Surgical Inc.
- Auris Health Inc.
- Titan Medical Inc.
- Accuray Incorporated
- Synaptive Medical Inc.
- Omnicell Inc.
- Varian Medical Systems Inc.
- Elekta AB
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 18.95 Billion |
Forecasted Market Value ( USD | $ 41.14 Billion |
Compound Annual Growth Rate | 21.4% |
Regions Covered | Global |
No. of Companies Mentioned | 32 |