DUBLIN--(BUSINESS WIRE)--The "Medical Robotics Market by Product and Services, by Application, by End-users - Global Opportunity Analysis and Industry Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The Medical Robotics Market size was valued at USD 10.88 billion in 2021 and is predicted to reach USD 44.45 billion by 2030 with a CAGR of 17.1% from 2022-2030.
Medical robots are professional robots that assist surgeons to perform dexterous surgeries, along with streamlining clinical workflow and hospital logistics. They help in assuring complete care of the patient after surgery and ensure productive processes in clinical settings to safeguard environment both for patients and health workers. Also, medical robots are utilized in several applications ranging from pharmaceuticals application to laparoscopy.
These robots can accomplish tasks that go beyond human capabilities and provide several advantages such as cost-effectiveness, and ease of use, among others. They eliminate human exhaustion to improve the precision and capabilities of surgeons, nurses and doctors. Owing to these advantages, medical robots are widely used in plastic surgery, heart surgery, diagnosis, and out-patient treatment among others.
There is an increased demand for medical robots all over the world due to rising number of minimal invasive procedures assisted by robots that offer quick recovery and less pain. These advantages make robotic surgeries more favorable over traditional surgeries. For instance, in January 2022, researchers of Johns Hopkins University performed the first laparoscopic surgery without any human help. This surgery was performed with the help of medical robots on the soft tissue of a pig without the help of human intervention.
Also, growing geriatric population along with the upsurge in the number of chronic diseases such as cancer, diabetes and arthritis boost the growth of medical robotics market. Moreover, robots have been replacing various manual tasks in the healthcare industry, reducing risk for patients, improving patient satisfaction, operational efficiency and accuracy, which in turn drive the growth of the medical robotics market, globally.
However, high cost of robots, along with lack of skilled operators are restraining the growth of the market. On the contrary, emergence of nanorobots that can be used to reach the disease-affected areas inside patient's body and deliver drugs effectively in that target area, is expected to support the growth of the medical robot market in the coming years.
Companies Mentioned
- Medtronic Plc
- Smith and Nephew
- Omnicell Inc.
- Accuray incorporated
- iRobot Corporation
- ARxIUM
- Renishaw Plc
- CMR Surgical
- Becton Dickinson Rowa
- Siemens Healthineers AG
- Zimmer Biomet holdings, Inc.
- Intuitive Surgical
- Stryker Corporation
- Johnson & Johnson
- Teladoc Health
Key Market Segments
Medical Robotics Market - By Product & Service
- Instrument and Accessories
- Robotic Systems
- Surgical Robotic Systems
- Soft Tissue Surgeries
- Hard Tissue Surgeries
- Micro Surgeries
- Logistics/Handling Robotic Systems
- Rehabilitation Robotic Systems
- Therapeutic Robotic Systems
- Assistive Robotic Systems
- Exoskeleton Robotic Systems
- Other Rehabilitation Robotic Systems
- Non-invasive Radio surgery Robotic Systems
- Diagnostic And Imaging Robotic Systems
- Telemedicine Robotic Systems
- Other Robotic Systems
- Services
- Consumables
Medical Robotics Market - By Application
- General Surgery
- Orthopedic Surgery
- Neurosurgery
- Gynecological Surgery
- Urological Surgery
- Oncological Surgery
- Transoral Surgery
- Laparoscopy
- Pharmacy Applications
- Physical Rehabilitation
- External Beam Radiation Therapy
- Other Applications
Medical Robotics Market - By End Users
- Hospitals
- Inpatient
- Outpatient
- Home Care Settings
- Ambulatory Surgery Centers
- Rehabilitation Centers
- Other End-Users
Medical Robotics Market - By Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Sweden
- Russia
- Netherlands
- Belgium
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Malaysia
- Rest of Asia-Pacific
- RoW
- UAE
- Saudi Arabia
- Turkey
- Israel
- South Africa
- Brazil
- Remaining Countries
For more information about this report visit https://www.researchandmarkets.com/r/tnm13t
