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Global Medical Robots Market 2019-2023

Global Medical Robots Market 2019-2023

About this market

The medical robots industry have witnessed several technological developments in the last few years. Medical robot vendors are focusing on the development of rehabilitation robots that improve the mobility in patients who have lost mobility in their limbs. Technological advancements have allowed medical robots to dispense medicines and provide homecare which have made patients life easy. Reduced hospital stays, low hospital-acquired infection risks, fast recovery, and less pain and discomfort post-surgery are some of the other benefits possible due to the technological advancements in medical robots. Security robots are also being developed which have specialized applications in the healthcare facilities such as disinfecting and preventing the spread of highly communicable diseases. These technological advancements are identified as key trend driving the growth of medical robots market. Technavio’s analysts have predicted that the medical robots market will register a CAGR of over 21% by 2023.

Market Overview

Advantages of robot-assisted training in rehabilitation therapy

There has been tremendous development in robotics technology in the last few years. Rehabilitation robots are being developed which offer rehabilitation to patients with motor disorders caused due to stroke or spinal cord diseases. These robots deliver high-intensity and high-dosage training to the patients with motor disorders. The gait functions of the patients with stroke can also be improved by robot-assisted therapy. These advantages of rehabilitation robots are driving market growth during the forecast period.

Safety concerns over robotic surgical devices

Although robotic surgical devices provide positive outcomes and improved surgical techniques, these devices come with risks and safety concerns. There are risks related to the functioning of the machine. Robot-assisted surgery also involves cardiopulmonary risks of infection, anesthesia, and excessive bleeding. Moreover, mechanical failure due to breakdown of components can disrupt the surgical process. These risks associated with robotic surgical devices are hampering the growth of the medical robots market.

For the detailed list of factors that will drive and challenge the growth of the medical robots market during 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Auris Health (Hansen Medical), and Intuitive Surgical the competitive environment is quite intense. Factors such as the advantages of robot-assisted training in rehabilitation therapy, will provide considerable growth opportunities to medical robot manufacturers. Auris Health (Hansen Medical), Intuitive Surgical, Medtronic, Smith & Nephew, Stryker, and TransEnterix are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global medical devices market
      • Table Segments of global medical devices market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Instruments and accessories - Market size and forecast 2018-2023
      • Table Instruments and accessories - Market size and forecast 2018-2023 ($ millions)
      • Table Instruments and accessories - Year-over-year growth 2019-2023 (%)
    • Robotic systems - Market size and forecast 2018-2023
      • Table Robotic systems - Market size and forecast 2018-2023 ($ millions)
      • Table Robotic systems - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Laparoscopy - Market size and forecast 2018-2023
      • Table Laparoscopy - Market size and forecast 2018-2023 ($ millions)
      • Table Laparoscopy - Year-over-year growth 2019-2023 (%)
    • Orthopedic surgery - Market size and forecast 2018-2023
      • Table Orthopedic surgery - Market size and forecast 2018-2023 ($ millions)
      • Table Orthopedic surgery - Year-over-year growth 2019-2023 (%)
    • Neurosurgery - Market size and forecast 2018-2023
      • Table Neurosurgery - Market size and forecast 2018-2023 ($ millions)
      • Table Neurosurgery - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Auris Health (Hansen Medical)
      • Table Auris Health (Hansen Medical) - Vendor overview
      • Table Auris Health (Hansen Medical) - Organizational developments
      • Table Auris Health (Hansen Medical) - Key offerings
    • Intuitive Surgical
      • Table Intuitive Surgical - Vendor overview
      • Table Intuitive Surgical - Geographic focus
      • Table Intuitive Surgical - Key offerings
    • Medtronic
      • Table Medtronic - Vendor overview
      • Table Medtronic - Business segments
      • Table Medtronic - Organizational developments
      • Table Medtronic - Geographic focus
      • Table Medtronic - Segment focus
      • Table Medtronic - Key offerings
    • Smith & Nephew
      • Table Smith & Nephew - Vendor overview
      • Table Smith & Nephew - Business segments
      • Table Smith & Nephew - Organizational developments
      • Table Smith & Nephew - Geographic focus
      • Table Smith & Nephew - Segment focus
      • Table Smith & Nephew - Key offerings
    • Stryker
      • Table Stryker - Vendor overview
      • Table Stryker - Business segments
      • Table Stryker - Organizational developments
      • Table Stryker - Geographic focus
      • Table Stryker - Segment focus
      • Table Stryker - Key offerings
    • TransEnterix
      • Table TransEnterix - Vendor overview
      • Table TransEnterix - Business segments
      • Table TransEnterix - Organizational developments
      • Table TransEnterix - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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