Global healthcare robotics market is anticipated to grow at a double-digit CAGR of 16.5% until 2025. Technology has taken over the healthcare sector with introduction of new innovations like healthcare robots being witnessed. They serve healthcare sector with myriad advantages like enhanced operations and error-free diagnosis and treatment. The governments has now initiated funding in this market to improve the positive outcomes for patients. All these factors are anticipated to drive the market in the coming years, however, the market might face limitations because of its expensiveness, which dissuades the people to move towards automated healthcare robots.
Global healthcare robotics market is segmented by type, product, application, end user, company, and region. Based on type, the market is further segmented into surgical and non-surgical robots. Surgical robots segment is forecast to account for the largest share in the coming years since they assist in complicated operations, diagnosis and treatment. Based on regional analysis, North America dominated the market in 2019 and the trend is likely to continue in the coming years as well owing to high usage and demand in the US and Canada.
Leading players of the global healthcare robotics market include Accuray Inc, Aethon, Inc., Hansen Medical Inc, Intuitive Surgical Inc., Medrobotics Corporation, Microbot Medical, Inc., Smith & Nephew plc, Stryker Corporation, Titan Medical Inc, TransEnterix, Inc., etc.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast the market size of global healthcare robotics market.
- To classify and forecast global healthcare robotics market based on type, product, application, end user, company, and region.
- To identify drivers and challenges for global healthcare robotics market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global healthcare robotics market.
- To conduct pricing analysis for global healthcare robotics market.
- To identify and analyze the profile of leading players operating in global healthcare robotics market.
We performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of healthcare robotics players across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
We calculated the market size of global healthcare robotics market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Healthcare robotics market players, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to healthcare robots
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global healthcare robotics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
_ Hospital Logistics Robots
_ Rehabilitation Robots
_ Telepresence Robots
_ Radiotherapy Robots
- Market, By Product:
o Da Vinci
o Mako System
o Sensei X Robotics System
o The CorPath System
o Cyber Knife
- Market, By Application:
o General Surgery
o Urologic Surgery
o Colorectal Surgery
- Market, By End User:
o Hospitals and Clinics
o Rehabilitation Centers
- Market, By Region:
o North America
_ United States
_ United Kingdom
_ South Korea
o Middle East and Africa
_ Saudi Arabia
_ South Africa
o South America
Company Profiles: Detailed analysis of the major companies present in global healthcare robotics market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).