Global Healthcare Robotics

Global Healthcare Robotics Market Research Report: Forecast (2021-2026)

By Robotic Systems (Surgical Robotic Systems (Laparoscopy Robots, Neurosurgical Robots, Orthopedic Robots), Rehabilitation Robotic Systems (Therapeutic Robots, Assistive Robots, Exoskeleton Robots), H Read more

  • Healthcare
  • Jun 2021
  • 232
  • HC10235

Market Overview

According to the MarkNtel Advisors research report, “Global Healthcare Robotics Market Analysis, 2021,” the market is likely to grow at a CAGR of around 16.5% in the forecast years of 2021-26. Robots are effective & efficient in reducing risks for patients & medical personnel, disinfecting patient rooms & operating suites, working in laboratories & transporting, analyzing & store samples. Hence, the requirements are increasing the demand and propelling the overall growth of the market globally. 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 16.5%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain, Russia
Asia-Pacific: China, India, Japan, South Korea, Australia and Others
South America: Brazil, and Argentina
Middle East & Africa: UAE, Saudi Arabia, South Africa
Key Companies Profiled Intuitive Surgical, Inc., Accuray Incorporated, Stryker Corporation, Medtronic plc, Omnicell, Inc., Zimmer Biomet, Hocoma AG, Smith & Nephew plc, Cyberdyne, Inc., ReWalk Robotics Ltd., CMR Surgical Ltd., Renishaw plc, Stereotaxis, Inc., Think Surgical, Inc., Ascensus Surgical, Inc.
Unit Denominations USD Million/Billion

 

Impact of COVID-19

With the outbreak of the Covid-19 pandemic, there has been an abundant number of threats to surgeons where numerous surgical societies have issued safety guidelines in the procedures during the current pandemic scenario. For lessening the pathogen spread of the virus efficiently, healthcare robots are likely to integrate at several segments of the order, which each surgical patient crosses during a hospital stay. Such applications and pandemics are driving the demand and making a positive impact on the market. 

Global Healthcare Robotics Market Research Report: Forecast (2021-2026)

Market Segmentation

Exoskeletons Robots to Witness for the Largest Market Share

Based on the Rehabilitation Robotic System, Exoskeletons Robots are likely to witness the largest market share in the forecast years. The main application in healthcare is to enhance force capability, help improve mobility, and recover motor capacities in joints like the hip & knee. Additionally, these robots can also reduce the need for medications and improve disorders like mental health, pain, sleep, posture, and balance. Furthermore, they can provide mobility assistance to the elderly and aid them in walking or climbing stairs. Hence, these factors essentially fuel the demand for Exoskeletons Robots and lead towards attaining the largest market share. 

Cleaning & Disinfecting Robots to Attain the Fastest Market Growth

Based on Services, the Cleaning & Disinfecting Robots are likely to attain the fastest market growth in the forecast years. It owes to the increasing demand due to the lack of hygiene and poor sanitation, prominently leading to numerous diseases like diarrhea, cholera, dysentery & hepatitis. To overcome these diseases, the governments are taking initiatives and investing in medical & healthcare expenditure. Thus, the focus on hygiene rises with the methods to increase the prevention of numerous diseases. Hence, the segment shall witness robust growth in the coming years, states MarkNtel Advisors in their research report, “Global Healthcare Robotics Market Analysis, 2021.” 

Regional Landscape

North America Leads the Largest Market Share

North America is leading the global market for healthcare robots with the largest market share and is likely to continue its pace in the forecast years. It is owing to the enhancing awareness amongst the patients about the utility of modern & innovative technologies that shall pave the path for potential growth in the North American region. Therefore, the market is likely to grow at a firm pace in the coming years, primarily due to the rising levels of primary therapeutic investment across countries in the region.

Market Driver

Robotic surgery allows profoundly advanced visualization capacities that equip surgeons with a better view of the operating area, using HD cameras to represent microscopic formations. These systems provide more facility than the human hand's capability. Furthermore, with the ability to rotate 360 degrees, robots allow surgeons to reach hard-to-access areas. Hence, the requirement for healthcare robots is increasing, which shall drive the market exponentially.

Competitive Landscape

According to MarkNtel Advisors, the leading players in the Global Healthcare Robotics Market are Intuitive Surgical, Inc., Accuray Incorporated, Stryker Corporation, Medtronic plc, Omnicell, Inc., Zimmer Biomet, Hocoma AG, Smith & Nephew plc, Cyberdyne, Inc., ReWalk Robotics Ltd., CMR Surgical Ltd., Renishaw plc, Stereotaxis, Inc., Think Surgical, Inc., Ascensus Surgical, Inc.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Healthcare Robotics Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Healthcare Robotics Market?  
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Healthcare Robotics Market based on the competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global Healthcare Robotics Market study?  

Frequently Asked Questions

A. The Global Healthcare Robotics Market Is likely to grow at a CAGR of around 16.5% in the forecast years of 2021-26.

A. Intuitive Surgical, Inc., Accuray Incorporated, Stryker Corporation, Medtronic PLC, Omnicell, Inc., Zimmer Biomet, Hocoma AG, Smith & Nephew PLC, Cyberdyne, Inc., ReWalk Robotics Ltd., CMR Surgical Ltd., Renishaw PLC, Stereotaxis, Inc., and Ascensus Surgical, Inc., are a few leading players in the Global Healthcare Robotics Market.

A. The Exoskeletons Robot segment is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

A. North America continues to grow at the highest CAGR in the forecast period of 2021-26, presenting immense opportunities for market players of the Global Healthcare Robotics Market

A. With the ability to rotate 360 degrees, robots allow surgeons to reach hard-to-access areas. Hence, the requirement for healthcare robots is increasing, which shall drive the market exponentially.

A. For reducing the pathogen spread of the virus efficiently, healthcare robots are likely to integrate at several segments of the order, which each surgical patient crosses during a hospital stay. Such applications and pandemics are driving the demand and making a positive impact on the market.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition
  2. Executive Summary
  3. Impact of COVID-19 on Global Healthcare Robotics Market
  4. Global Healthcare Robotics Market Regulations & Policy
  5. Global Healthcare Robotics Market Trends & Insights
  6. Global Healthcare Robotics Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Healthcare Robotics Market Hotspots & Opportunities
  8. Global Healthcare Robotics Market Start-Up Ecosystem, 2016-2021
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  9. Global Healthcare Robotics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Robotic Systems
        1. Surgical Robotic Systems
          1. Laproscopy Robots
          2. Neurosurgical Robots
          3. Orthopedic Robots
        2. Rehabilitation Robotic Systems
          1. Therapeutic Robots
          2. Assistive Robots
          3. Exoskeleton Robots
        3. Hospital and Pharmacy Robotic Systems
        4. Non-Invasive Radiosurgery Robotic Systems
        5. Others (Radiotherapy Robotics and Diagnostic Robots)
      2. By Services
        1. Medication Delivery and Dispensing
        2. Cleaning and Disinfecting
        3. Telepresence and Remote Monitoring
        4. Autonomous Vehicles/Auxiliary Robots
    3. By Application
      1. Surgeries
        1. Orthopedic Surgery
        2. Neurosurgery
      2. Laparoscopy
      3. Physical Rehabilitation
      4. Pharmacy Applications
      5. External Beam Radiation Therapy
      6. Others (Neurology and Cardiology)
    4. By End User
      1. Hospitals
      2. Ambulatory Surgery Centers
      3. Rehabilitation Centers
      4. Others (External radiotherapy centers and retail pharmacies)
    5. By Region
      1. North America
      2. South America
      3. Europe
      4. Asia Pacific
      5. Middle East and Africa
    6. By Competitors
      1. Competition Characteristics
      2. Market Share & Analysis
      3. Competitive Matrix
  10. North America Healthcare Robotics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Robotic Systems
      2. By Services
      3. By Application
      4. By End User
      5. By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. The U.S. Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    4. Canada Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    5. Mexico Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
  11. South America Healthcare Robotics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Robotic Systems
      2. By Services
      3. By Application
      4. By End User
      5. By Country
        1. Brazil
    3. Brazil Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    4. Argentina Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
  12. Europe Healthcare Robotics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Robotic Systems
      2. By Services
      3. By Application
      4. By End User
      5. By Country
        1. The U.K.
        2. Germany
        3. France
        4. Russia
        5. Spain
        6. Italy
        7. Netherlands
    3. The U.K. Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    4. Germany Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    5. France Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    6. Russia Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    7. Spain Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    8. Italy Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    9. Spain Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    10. Belgium Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    11. Sweden Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    12. Netherlands Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
  13. Asia-Pacific Healthcare Robotics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Robotic Systems
      2. By Services
      3. By Application
      4. By End User
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
    3. China Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    4. India Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    5. Japan Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    6. South Korea Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    7. Australia Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
  14. Middle East and Africa Healthcare Robotics Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Robotic Systems
      2. By Services
      3. By Application
      4. By End User
      5. By Country
        1. UAE
        2. Saudi Arabia
        3. South Africa
    3. UAE Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    4. Saudi Arabia Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
    5. South Africa Healthcare Robotics Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Robotic Systems
        2. By Services
  15. Global Healthcare Robotics Market Key Strategic Imperatives for Success and Growth
  16. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Intuitive Surgical, Inc.
      2. Accuray Incorporated
      3. Stryker Corporation
      4. Medtronic plc
      5. Omnicell, Inc.
      6. Zimmer Biomet
      7. Hocoma AG
      8. Smith & Nephew plc
      9. Cyberdyne, Inc.
      10. ReWalk Robotics Ltd.
      11. CMR Surgical Ltd.
      12. Renishaw plc
      13. Stereotaxis, Inc.
      14. Think Surgical, Inc.
      15. Asensus Surgical, Inc.
  17. Disclaimer
Global Healthcare Robotics Market Segmentation