Medical Robotic Systems Market Size, Share and Industry Analysis By Product (Surgical Robots, Telepresence Robots, Rehabilitation Robots), By End User (Hospitals, Ambulatory Surgery Centers, Rehabilitation Centers) and Regional Forecast 2019-2032

The global medical robotic systems market size was valued at USD 2,257.8 Million in 2018 and is projected to reach USD 35,114.7 Million by 2032, exhibiting a CAGR of 21.5% in the forecast period (2018-2032). North America dominated the global market with a share of 74.66% in 2018.

Robots used in the medical industry, ranging from various applications of surgical interventions to rehabilitation, are known as medical robots. The ever-increasing efficiency of these robots in performing tasks, which include surgeries, has been pivotal in the rapid adoption of these robots in the medical industry.

Similar patterns have been observed in other industrial sectors, such as the automobile, construction, and machinery industries. Market players' constant focus on innovating and introducing advanced surgical and other robots to the global market has been instrumental in driving market growth.

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"Rapid shift towards laparoscopic surgical procedures is key factor driving the adoption of surgical robots in the global market"

There is a rapid shift from conventional open surgical procedures towards minimally invasive surgical procedures globally, owing to various clinical benefits of the latter. These benefits include reduced post-surgical complications, reduced hospital inpatient stays, and lower cost of the procedures. 

Higher efficiency of surgical robots in performing laparoscopic surgical procedures, along with new and advanced procedure-specific robots being introduced in the global market, were some of the major factors that drove the medical robotic systems demand and adoption of surgical robots in the global market in 2018.

Also, new entrants in the market are focusing on developing robots for rehabilitation, including assistive robots, therapy robots (for patients suffering from neurological conditions), along with exoskeletons, and these are fueling the overall medical robotic systems demand. However, comparatively higher acquisition and maintenance costs of these robots, along with higher cost per procedure, especially in robot assisted surgery are some of the major factors restraining the growth of the global medical robotic systems market.

Medical Robotic Systems Market Overview & Key Metrics

Market Size & Forecast:

• 2018 Market Size: USD 2,257.8 million
• 2032 Forecast Market Size: USD 35,114.7 million
• CAGR: 21.5% from 2018–2032

Market Share:

• Region: North America dominated the medical robotic systems market with a 74.66% share in 2018, driven by strong adoption of minimally invasive procedures, high healthcare spending, and robust demand for surgical and rehabilitation robots.
• Product Segment: Surgical robots led the market in 2018, accounting for 64.8% of the market share, and are projected to retain a 64.3% share in 2025, fueled by rapid advancements in robotic-assisted laparoscopic surgeries and strong preference for minimally invasive techniques.

Key Country Highlights:

• United States: Market leadership supported by significant investment in robotic surgical systems, favorable government initiatives, and early adoption of technologies like wireless RTLS and RFID.
• Japan: Expected to reach USD 254.8 million by 2025, driven by rising AI-powered hospital infrastructure and governmental push for digital innovation in healthcare.
• China: Poised to grow at a CAGR of 18.30%, supported by expanding hospital infrastructure, urban demand for high-tech surgical solutions, and growing neurological disorder prevalence.
• Europe: Anticipated to grow at a CAGR of 20.5%, with strong regional players, increasing robotic surgery adoption, and favorable reimbursement policies for minimally invasive procedures.

Market Segmentation

Based on product, the market segments include surgical robots, telepresence robots, rehabilitation robots, and others (pharmacy automation robots, etc.). Among the product segment, the surgical robots dominated the global market in 2018, accounting for 64.8% share of the market.

By type, the surgical robots segment is expected to hold a 64.3% share in 2025.

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Rapid advances in surgical robots, along with increasing per capita healthcare expenditures in emerging countries and rising demand for minimally invasive surgical procedures, are some of the major factors responsible for the higher share of the surgical robots segment in the global market in 2018.

Based on end user, the global medical robotic systems market segments include hospitals, ambulatory surgery centers, rehabilitation centers, and others. By end user, the hospitals segment is projected to generate USD 5,054.6 million in revenue by 2025.

Regional Analysis

"Higher Adoption of Advanced Surgical and Rehabilitation Robots Are Responsible for Dominant Share of North America in the Global Market"

North America dominated the global market in 2018. The North America market value was US$ 1,685.7 Mn in 2018. There is an increasing demand for advanced surgical robots from healthcare settings in North America, owing to higher per capita healthcare expenditure, and increasing number of patients undergoing minimally invasive surgical procedures. Increasing prevalence of chronic diseases, coupled with higher number of patients suffering from neurological disorders, drive the market demand for surgical, rehabilitation, and other robots in North America.

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A rapidly developing hospital and healthcare infrastructure in Asia Pacific, and Middle East & Africa, is projected to lead to increasing demand for surgical and rehabilitation robots during forecast period.

• The medical robotic systems market in Japan is expected to reach USD 254.8 million by 2025.
• China is projected to witness a strong CAGR of 18.30% during the forecast period.

The medical robotic systems market share in Europe and Latin America is poised to register moderate CAGR during forecast period.

• Europe is anticipated to grow at a CAGR of 20.5% during the forecast period.

Key Market Drivers

"Intuitive Surgical dominated the global medical robots market in 2018"

Intuitive is the leading market player operating in the surgical robots segment. A large installed base of its Da Vinci surgical robots and constant focus on R&D leading to the introduction of new surgical robots in the market were factors attributed to the dominance of Intuitive in the global market in 2018.

Ekso Bionics, Cyberdyne Inc., and BIONIK, Inc., are some of the major players operating in the rehabilitation robots segment, offering exoskeleton robots, assistive robots and others. The medical robots market is a consolidated market with few market players accounting for major share of the market in 2018.

Medical Robotic Systems Market Players

• Ekso Bionics
• Intuitive Surgical Inc.
• Medtronic
• Stryker
• CYBERDYNE INC.
• BIONIK
• Smith & Nephew
• Zimmer Biomet
• Other Prominent Players

Report Coverage 

The advent of surgical robots and other robots, which enable healthcare providers to provide more efficient care and treatment, has been pivotal in the market growth. Market players receiving regulatory approvals for robots performing specific procedures such as orthopedic surgical procedures, neurology procedures, and rehabilitation robots targeting specific group of patients is another major factor fueling the demand for medical robots in the global market.

The medical robotic systems market report provides qualitative and quantitative insights on market trends and detailed analysis of market size and growth rate for all possible market segments. The market is segmented by product and end user. Based on product, the global market is segmented into surgical robots, rehabilitation robots, telepresence robots, and others.

The global market is segmented by end user into hospitals, ambulatory surgery centers, rehabilitation centers, and others. Geographically, the market is divided into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The regions are further categorized into countries.

An Infographic Representation of Medical Robotic Systems Market

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Along with this, the report on medical robotic systems market analysis includes market dynamics and competitive landscape. The report provides various key insights: prevalence of key disease, by region; pricing analysis, key players; technology advances in medical robotic systems; key mergers and acquisitions; new product launches, among others.

SEGMENTATION

Key Industry Developments

• September 5, 2024: Medtronic inaugurated its first Robotics Experience Studio in Southeast Asia, located in Singapore. This facility aims to accelerate the adoption of robotics and AI in healthcare across the region by providing training and education to healthcare professionals.