Medical robotics market to exceed US $ 25,205 million by 2028, according to Coherent Market Insights


SEATTLE, January 5, 2022 / PRNewswire / – According to Coherent Market Insights, the medical robotics market is estimated at US $ 9,520 million in 2021 and should present a TCCA of 14.8% over the forecast period (2021-2028).

Key trends and analysis of the global medical robotics market:

Key market trends include growing demand for minimally invasive surgeries, technological advancements in medical robotic systems, the potential of rehabilitation, hospital and pharmacy robots, and increasing collaborations, partnerships, mergers and acquisitions between the main players. These key trends are expected to contribute to the growth of the global healthcare robotics market.

For example, in October 2019, Parata Systems LLC. one of the leading suppliers of pharmacy automation, has launched the new generation of vial filling robots, Max 2. The robot has met the expectations of pharmacies in all settings and improves the workflow by automating the filling, the capping and labeling of the vials.

In addition, in August 2019, Capsa Healthcare, a global leader in the development and delivery of innovative healthcare solutions, has launched a new Kirby Lester KL-SR secure robotic dispenser. This distributor quickly manages the dispensing of prescriptions from retail pharmacies.

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Key points of the market:

The Global medical robotics market is expected to post a CAGR of 14.8% over the forecast period, due to increased product approvals by regulatory authorities. For example, in november 2019, avateramedical GmbH, a German medical technology company, has received CE approval for its avatera (R) system for robot-assisted minimally invasive surgery.

Among product types, the systems segment accounted for the largest market share in 2021, owing to the increase in product launches. For example, in november 2019, Toyota Motor Corporation, a Japanese multinational automobile manufacturer, has launched a new version Welwalk WW-2000, a robot designed to aid in the rehabilitation of patients with paralysis of the lower limbs.

The major players operating in the global healthcare robotics market include Accuray Incorporated., Capsa Healthcare, LLC., Hocoma, Becton, Dickinson and company, Agilent Technologies, Inc., Intuitive Surgical, Inc., Titan Medical, Inc., Aurora Biomed Inc., Abbott, Omnicell, Inc., F. Hoffmann-La Roche AG, Stryker Corporation, Medtronic Plc., Parata Systems LLC, avateramedical GmbH, Toyota Motor Corporation, Siemens Healthineers AG, BIONIK Laboratories Corp., THINK Surgical, Inc., Globus Medical Inc. and Restoration Robotics, Inc.

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Detailed segmentation:

Global Medical Robotics Market, By Product Type:

    • Systems
      • Surgical robots
      • Rehabilitation robots
      • Non-invasive radiosurgery robots
      • Hospital and pharmaceutical robots
      • Others
    • Instruments and accessories

Global Medical Robotics Market, By End User:

    • Hospitals
    • Pharmacies
    • Rehabilitation centers
    • Home care settings

Global Medical Robotics Market, By Region:

  • North America
  • Europe
    • By country:
      • UK
      • Germany
      • Italy
      • France
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By country:
      • China
      • India
      • Japan
      • ASEAN
      • Australia
      • South Korea
      • Rest of Asia Pacific
  • Latin America
    • By country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Middle East & Africa
    • By country:
      • GCC countries
      • Israel
      • South Africa
      • Rest of Middle East & Africa

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