+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Medical Robotics Market Global Forecast by Products, Application, Regions, Company Analysis

  • ID: 5237718
  • Report
  • January 2021
  • Region: Global
  • 235 pages
  • Renub Research

FEATURED COMPANIES

  • Accuray Incorporated
  • Intuitive Surgical Inc.
  • iRobot Corporation
  • Medrobotics Corporation

Medical Robotics is a multidisciplinary field which focuses on developing electromechanical devices for clinical applications. It is a comparatively adolescent field as its application was first recorded in 1985 for a brain biopsy. At the same time, the goal of this field is to facilitate new medical techniques by providing the new potential to the physicians by assisting with surgical procedures. As per the publisher's new report titled Global Medical Robotics Market will be USD 39 Billion by 2027.

The driving forces towards this market are the advancement of new technology. The demand for minimally invasive surgery is on the rise due to its advantages associated with its procedures say reduced pain, faster recovery, and fewer cuts. As per our research in the year 2018, on a gynaecological study of laparoscopy hysterectomy, the conversion rate of the robotics platform was less than 5% than straight stick laparoscopy to open surgery was 25%.

There is a huge demand of medical robots in the North American region due to high per capita income on health expenditure, rising prevalence of chronic diseases, a large pool of people inclination towards the minimally invasive surgical procedure, and a large number of patients suffering from a neurological disorder in this region.

Intuitive Da Vinci surgical robots have a large installed base and company continually focuses on its R&D’s and introduces newer surgical robots into the market during the forecast period. In this report, we have covered the recent developments and sales of 5 companies, Auris Surgical Robotics, Inc. (Hansen Medical Inc.), iRobot Corporation, Accuray Incorporated, Intuitive Surgical Inc. and Medrobotics Corporation.

COVID-19 Impact Analysis

The COVID-19 pandemic has changed many industries and lives on a large scale, and the medical robotics industry is not an exception. As such, approximately 28 million surgeries were cancelled during the pandemic. Due to this situation, the decline in the surgical procedures has led to a decline in sales and revenues of medical robots market and companies.

The report titled "Medical Robotics Market, Global Forecast by Products (Surgical Robotic Systems [General Surgery, Gynecology, Urology, Orthopedic, Others], Rehabilitation Robotic Systems [Therapeutic Robots, Exoskeleton Robots, Assistive Robots, Other Rehabilitation Robots], Hospital & Pharmacy Robotic Systems [Noninvasive Radiosurgery Robotic Systems, Other Robotic Systems]), Application (Orthopedic, Laparoscopy, Neurosurgery, Pharmacy, Others), Region (North America, Europe, Asia-Pacific’s, Rest of the world), Company (Intuitive Surgical Inc., Auris Surgical Robotics, Inc. (Hansen Medical Inc.), Accuray Incorporated, iRobot Corporation, Medrobotics Corporation)". This study provides comprehensive insights on market trends, forecast, key growth drivers, challenges and Merger/acquisition, financial insights on given companies.

Medical Robotics has been divided into 3 Products, and it has been further divided into 11 sub-segments

  • Surgical Robotic Systems
  • Rehabilitation Robotic Systems
  • Hospital & Pharmacy Robotic Systems

Product - Market breakup by 11 Sub-segments

  • Surgical Robotic Systems

1. General Surgery

2. Gynecology

3. Urology

4. Orthopedic

5. Others

  • Rehabilitation Robotic Systems

1. Therapeutic Robots

2. Exoskeleton Robots

3. Assistive Robots

4. Other Rehabilitation Robots

  • Hospital & Pharmacy Robotic Systems

1. Non-invasive Radiosurgery Robotic Systems

2. Other Robotic Systems

Application - Market breakup by 5 viewpoints

  • Orthopedic
  • Laparoscopy
  • Neurosurgery
  • Pharmacy
  • Others

Regions

  • North America
  • Europe
  • Asia-Pacific
  • Rest of World

All the key players have been covered from 3 Viewpoints

  • Overview
  • Recent Developments
  • Revenue Analysis

Company Analysis

  • Intuitive Surgical Inc.
  • Auris Surgical Robotics, Inc. (Hansen Medical Inc.)
  • Accuray Incorporated
  • iRobot Corporation
  • Medrobotics Corporation
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accuray Incorporated
  • Intuitive Surgical Inc.
  • iRobot Corporation
  • Medrobotics Corporation
1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Global Medical Robots System Market

6. Market Share - Global Medical Robots System Market
6.1 By-Products
6.2 By Application
6.3 By Regions

7. Product- Global Medical Robots System Market
7.1 Surgical Robotic Systems
7.1.1 General Surgery
7.1.2 Gynecology
7.1.3 Urology
7.1.4 Orthopedic
7.1.5 Others
7.2 Rehabilitation Robotic Systems
7.2.1 Therapeutic Robots
7.2.2 Exoskeleton Robots
7.2.3 Assistive Robots
7.2.4 Other Rehabilitation Robots
7.3 Hospital & Pharmacy Robotic Systems
7.3.1 Non-invasive Radiosurgery Robotic Systems
7.3.2 Other Robotic Systems

8. Application- Global Medical Robots System Market
8.1 Orthopedic
8.2 Laparoscopy
8.3 Neurosurgery
8.4 Pharmacy
8.5 Others

9. Regions - Global Medical Robots System Market
9.1 North America
9.2 Europe
9.3 Asia-Pacific
9.4 Rest of World

10. Merger & Acquisitions

11. Company Analysis
11.1 Intuitive Surgical Inc.
11.1.1 Overview
11.1.2 Recent Developments
11.1.3 Sales Analysis
11.2 Auris Surgical Robotics, Inc. (Hansen Medical Inc.)
11.2.1 Overview
11.2.2 Recent Developments
11.2.3 Sales Analysis
11.3 Accuray Incorporated
11.3.1 Overview
11.3.2 Recent Developments
11.3.3 Sales Analysis
11.4 iRobot Corporation
11.4.1 Overview
11.4.2 Recent Developments
11.4.3 Sales Analysis
11.5 Medrobotics Corporation
11.5.1 Overview
11.5.2 Recent Developments
11.5.3 Sales Analysis

List of Figures:

Figure-01: Global Medical Robots System Market (Billion US$), 2016 - 2020
Figure-02: Forecast For Global Medical Robots System Market (Billion US$), 2021 - 2027
Figure-03: By-Products - Global Medical Robots System Market Share, (Percentage), 2016 - 2020
Figure-04: By-Products - Forecast For Global Medical Robots System Market Share, (Percentage), 2021 - 2027
Figure-05: By Distribution Channel - Global Medical Robots System Market Share, (Percentage), 2016 - 2020
Figure-06: By Distribution Channel - Forecast For Global Medical Robots System Market Share, (Percentage) 2021 - 2027
Figure-07: By Regions - Global Medical Robots System Market Share(Percentage), 2016 - 2020
Figure-08: By Regions-Forecast For Global Medical Robots System Market Share, (Percentage), 2021 - 2027
Figure-09: Global - Surgical Robotic Systems Market (Billion US$), 2016 - 2020
Figure-10: Global - Forecast For Surgical Robotic Systems Market (Billion US$), 2021 - 2027
Figure-11: Global - General Surgery Market (Billion US$), 2016 - 2020
Figure-12: Global - Forecast For General Surgery Market (Billion US$), 2021 - 2027
Figure-13: Global - Gynecology Market (Billion US$), 2016 - 2020
Figure-14: Global - Forecast For Gynecology Market (Billion US$), 2021 - 2027
Figure-15: Global - Urology Market (Billion US$), 2016 - 2020
Figure-16: Global - Forecast For Urology Market (Billion US$), 2021 - 2027
Figure-17: Global - Orthopedic Market (Billion US$), 2016 - 2020
Figure-18: Global - Forecast For Orthopedic Market (Billion US$), 2021 - 2027
Figure-19: Global - Others Market (Billion US$), 2016 - 2020
Figure-20: Global - Forecast For Others Market (Billion US$), 2021 - 2027
Figure-21: Global - Rehabilitation Robotic Systems Market (Billion US$), 2016 - 2020
Figure-22: Global - Forecast For Rehabilitation Robotic Systems Market (Billion US$), 2021 - 2027
Figure-23: Global - Therapeutic Robots Market (Billion US$), 2016 - 2020
Figure-24: Global - Forecast For Therapeutic Robots Market (Billion US$), 2021 - 2027
Figure-25: Global - Exoskeleton Robots Market (Billion US$), 2016 - 2020
Figure-26: Global - Forecast For Exoskeleton Robots Market (Billion US$), 2021 - 2027
Figure-27: Global - Assistive Robots Market (Billion US$), 2016 - 2020
Figure-28: Global - Forecast For Assistive Robots Market (Billion US$), 2021 - 2027
Figure-29: Global - Other Rehabilitation Robots Market (Billion US$), 2016 -2020
Figure-30: Global - Forecast For Other Rehabilitation Robots Market (Billion US$), 2021 - 2027
Figure-31: Global - Hospital & Pharmacy Robots Market (Billion US$), 2016 - 2020
Figure-32: Global - Forecast For Hospital & Pharmacy Robots Market (Billion US$), 2021 - 2027
Figure-33: Global - Noninvasive Radiosurgery Robots Market (Billion US$), 2016 - 2020
Figure-34: Global - Forecast For Noninvasive Radiosurgery Robots Market (Billion US$), 2021 - 2027
Figure-35: Global - Other Robotic Systems Market (Billion US$), 2016 - 2020
Figure-36: Global - Forecast For Other Robotic Systems Market (Billion US$), 2021 - 2027
Figure-37: Global - Orthopedic Robots System Market (Billion US$), 2016 - 2020
Figure-38: Global - Forecast For Orthopedic Robots System Market (Billion US$), 2021 - 2027
Figure-39: Global - Laparoscopy Robots System Market (Billion US$), 2016 - 2020
Figure-40: Global - Forecast For Laparoscopy Robots System Market (Billion US$), 2021 - 2027
Figure-41: Global - Neurosurgery Robots System Market (Billion US$), 2016 - 2020
Figure-42: Global - Forecast For Neurosurgery Robots System Market (Billion US$), 2021 - 2027
Figure-43: Global - Pharmacy Robots System Market (Billion US$), 2016 - 2020
Figure-44: Global - Forecast For Pharmacy Robots System Market (Billion US$), 2021 - 2027
Figure-45: Global - Others Robots System Market (Billion US$), 2016 - 2020
Figure-46: Global - Forecast For Others Robots System Market (Billion US$), 2021 - 2027
Figure-47: North America - Medical Robots System Market (Million US$), 2016 - 2020
Figure-48: North America - Forecast For Medical Robots System Market (Million US$), 2021 - 2027
Figure-49: Europe - Medical Robots System Market (Billion US$), 2016 - 2020
Figure-50: Europe - Forecast For Medical Robots System Market (Billion US$), 2020 - 2027
Figure-51: Asia - Pacific - Medical Robots System Market (Billion US$), 2016 - 2020
Figure-52: Asia - Pacific - Forecast For Medical Robots System Market (Million US$), 2021 - 2027
Figure-53: Rest of World - Medical Robots System Market (Billion US$), 2016 - 2020
Figure-54: Rest of World - Forecast For Medical Robots System Market (Billion US$), 2021 - 2027
Figure-55: Global - Sanofi (Chattem, Inc.) Revenue, (Million Euro), 2016 - 2020
Figure-56: Global - Forecast For Sanofi (Chattem, Inc.) Revenue, (Million Euro), 2021 - 2026
Figure-57: Zimmer Biomet - Global Revenue (Million US$), 2016 - 2020
Figure-58: Zimmer Biomet - Forecast For Global Revenue (Million US$), 2021 - 2026
Figure-59: Stryker Corporation - Global Revenue (Million US$), 2016 - 2020
Figure-60: Stryker Corporation - Forecast For Global Revenue (Million US$), 2021 - 2026
Figure-61: Global - Kimberly - Clark Corporation Revenue, (Million US$), 2016 - 2020
Figure-62: Global - Forecast For Kimberly - Clark Corporation, Revenue, (Million US$), 2021 - 2026
Note: Product cover images may vary from those shown
  • Intuitive Surgical Inc.
  • Auris Surgical Robotics, Inc. (Hansen Medical Inc.)
  • Accuray Incorporated
  • iRobot Corporation
  • Medrobotics Corporation
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...

Adroll
adroll