
Report ID: SQMIG45I2048
Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the medical robots market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of medical robots market across North America, South America, Europe, Asia, the Middle East, and Africa.
North America dominates the global medical robots market due to its advanced healthcare infrastructure, early adoption of cutting-edge technologies, and significant investments in robotic research and development. The region is a breeding ground for major competitive advancements and leading medical institutions steaming ahead of robotic systems in surgery, rehabilitation, and diagnostics. More favorable and fast-paced regulation and low permissiveness of invasive medical procedures will expedite adoption. In addition to this, there is large-scale funding and a strong set of policies for health-care advancement, hence making North America more dominant in this form of health care. Additionally, this is mounting awareness from healthcare professionals and patients with respect to such robot solutions, ensuring the region’s continued growth and overall dominance in the global medical robots market outlook.
Europe is the fastest-growing region in the global medical robots market due to increasing investments in healthcare technology, a strong focus on research and development, and favorable regulatory support for robotic innovations. The growth in the use of medical robots will be mainly driven by the increasing elderly population in the region. Germany, France, and the UK are only but a few countries across the globe who led innovation through partnerships between academia and industry. The promotion of Germany lends itself easily to creating appropriate legislation for the use of medical robots. Consequently, the extent to possible synergism of health, economic, and social benefits results in a hotspot for the use of medical robots in the context of economy, society, and research.
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Medical Robots Market size was valued at USD 8.1 Billion in 2023 and is poised to grow from USD 9.51 Billion in 2024 to USD 40.27 Billion by 2032, growing at a CAGR of 17.4% during the forecast period (2025-2032).
Key vendors in Medical Robots Market are: 'Intuitive Surgical, Inc. ', 'Stryker ', 'Becton, Dickinson and Company ', 'Medtronic ', 'Omnicell, Inc. ', 'Zimmer Biomet ', 'Ekso Bionics Holdings, Inc. ', 'Arxium ', 'Asensus Surgical, Inc. ', 'Renishaw PLC ', 'Bionik Laboratories Corp. ', 'Zap Surgical Systems, Inc. ', 'Media Group (Kuka AG) ', 'CMR Surgical ', 'Accuracy Incorporated ', 'DIH Medical ', 'Johnson & Johnson ', 'Cyberdyne Inc. ', 'Smith and Nephew PLC (Blue Belt Technologies) ', 'Avateramedical GmbH '.
Benefits of robotic-assisted surgery and robotic-assisted rehabilitation therapy. The demand for minimally invasive surgeries (MIS) is increasing globally, owing to the benefits associated with these procedures, such as smaller incisions, fewer cuts, decreased scarring, reduced pain, increased safety, shorter recovery periods, and significant cost savings. Robotic minimally invasive surgery enhances these benefits by ensuring greater accuracy and repeatability, as well as greater control and efficiency. According to a 2018 article on a gynaecological study of laparoscopy hysterectomy, the straight-stick laparoscopy to open surgery conversion rate was 25%. Procedures using a robotic platform, on the other hand, had a conversion rate of less than 5%, resulting in less morbidity and blood loss.
The global medical robots market is being driven by a rapid shift toward laparoscopic surgical procedures. Owing to various clinical benefits of the latter, there is a rapid shift away from traditional open surgical procedures and toward minimally invasive surgical procedures around the world. These advantages include fewer post-surgical complications, shorter hospital stays, and lower procedure costs. Higher efficiency of surgical robots in performing laparoscopic surgical procedures, as well as the introduction of new and advanced procedure-specific robots in the global market, were some of the major factors driving medical robotic system demand and surgical robot adoption in the global market.
Based on region global medical robots market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa. Higher Adoption of advanced surgical and rehabilitation robots is responsible for North America's dominant share of the global market.
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Report ID: SQMIG45I2048
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