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Medical Robots Market by Product (Instruments & Accessories and Robot Systems (Surgical Robots, Rehabilitation Robots, Hospital Robots, Non-invasive Surgery Robots)), Application (Orthopedic, Laparoscopy, Neurology) - Global Forecasts to 2021

Medical Robots Market by Product (Instruments & Accessories and Robot Systems (Surgical Robots, Rehabilitation Robots, Hospital Robots, Non-invasive Surgery Robots)), Application (Orthopedic, Laparoscopy, Neurology) - Global Forecasts to 2021

The medical robots market is projected to reach USD 12.80 billion by 2021 from USD 4.90 billion in 2016, growing at a CAGR of 21.1% in the next five years (2016 to 2021).

Advantages offered by robot-assisted training in rehabilitation therapy, technological advancements, increase in funding for medical robots research, issuance of IPOs by medical robots companies, and growing hospital investments are the key factors driving the growth of the market. However, safety concerns over robotic surgery devices and the high cost of robotic systems & unjustified cost benefits of robotic surgeries are restraining the growth of the market to a certain extent. Furthermore, rapid growth in the aging population, development of nanorobots for cancer treatment, and rising patient preference for minimally invasive surgeries is likely to offer significant growth opportunities for players operating in the market.

The global medical robots market is segmented on the basis of product, application, and region. In 2016, North America is expected to account for the largest share of the global medical robots market, followed by Europe, Asia-Pacific, and RoW. Asia-Pacific is projected to have the highest growth rate in the forecast period. The high growth rate of this segment can be attributed to factors growth in the number of approvals of robots for medical use in Japan, rising prevalence of cancers in China, growing robotic procedures backed by rising number of hospital beds in India, rising adoption of medical robots in Asia, funding collaborations across the Asian region, and training programs in Australia.

The market witnesses high competitive intensity, as there are several big and many small firms with similar product offerings. These companies adopt various strategies (product launches, collaborations, agreements, partnerships, alliances, grants, joint ventures, acquisitions, and expansions) to increase their market shares and establish a strong foothold in the global market.

In-depth interviews were conducted with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from various key organizations operating in the medical robots marketplace.

By Company Type: Tier 1: 50%, Tier 2: 42%, Tier 3: 8%
By Designation: Director Level: 58%, C-level: 25%, Others: 17%
By Region: North America: 45%, Europe: 31%, APAC: 16%, RoW: 8%
Key players in the global medical robots market include Intuitive Surgical, Inc. (U.S.), Stryker Corporation (U.S.), Mazor Robotics Ltd. (Israel), Hocoma AG (Switzerland), Hansen Medical Inc. (U.S.), Accuray Incorporated (U.S.), Omnicell, Inc. (U.S.), Ekso Bionics Holdings, Inc. (U.S.), ARxIUM (U.S.), and Kirby Lester LLC (U.S.).

Research Coverage:
The report analyzes medical robots market by product, application, and region. Based on the product, the medical robots market is segmented into medical robot systems and instruments & accessories. The medical robot systems segment is further classified into surgical robots, rehabilitation robots, noninvasive radiosurgery robots, hospital & pharmacy robots, and other robots. On the basis of application, the medical robots market is segmented into laparoscopy, orthopedics, neurology, special education, and other applications.


Reasons to Buy the Report:
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps firms to garner a greater market share. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the products offered by top players in the medical robots market.
Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the medical robots market
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for medical robots across regions
Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the medical robots market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and distribution networks of the leading players in the medical robots market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH METHODOLOGY STEPS
    • SECONDARY AND PRIMARY RESEARCH METHODOLOGY
      • SECONDARY RESEARCH
      • PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION METHODOLOGY
    • MARKET DATA VALIDATION AND TRIANGULATION
    • ASSUMPTIONS FOR THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • GLOBAL MEDICAL ROBOTS MARKET OVERVIEW
    • GEOGRAPHIC ANALYSIS: MEDICAL ROBOTS MARKET, BY TYPE OF SURGICAL ROBOTIC SYSTEM
    • GEOGRAPHICAL SNAPSHOT OF THE MEDICAL ROBOTS MARKET
    • MEDICAL ROBOTS MARKET, BY APPLICATION (2016)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
  • INDUSTRY INSIGHTS
    • REGULATORY ASSESSMENT
      • INTRODUCTION
      • U.S.
      • EUROPE
      • JAPAN
      • CHINA
      • INDIA
      • AUSTRALIA
    • PRODUCT PIPELINE ASSESSMENT
      • INTRODUCTION
      • CLINICAL TRIALS FOR MEDICAL ROBOTS
        • Table INDICATIVE LIST OF CLINICAL TRIALS IN PHASE III AND IV FOR MEDICAL ROBOTS
      • UPCOMING PRODUCT LAUNCHES
  • GLOBAL MEDICAL ROBOTS MARKET, BY PRODUCT
    • INTRODUCTION
      • Table GLOBAL MEDICAL ROBOTS MARKET SIZE, BY PRODUCT, 2014-2021 (USD MILLION)
      • Table GLOBAL MEDICAL ROBOTS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL ROBOTS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: MEDICAL ROBOT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • INSTRUMENTS AND ACCESSORIES
      • Table GLOBAL INSTRUMENTS AND ACCESSORIES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: INSTRUMENTS AND ACCESSORIES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: INSTRUMENTS AND ACCESSORIES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MEDICAL ROBOTIC SYSTEMS
      • Table GLOBAL MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table GLOBAL MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • Table GLOBAL MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (UNITS)
      • SURGICAL ROBOTS
        • Table GLOBAL SURGICAL ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL ROBOTIC SYSTEMS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table EUROPE: SURGICAL ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table GLOBAL SURGICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
        • Table GLOBAL SURGICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (UNITS)
      • REHABILITATION ROBOTIC SYSTEMS
        • Table GLOBAL REHABILITATION ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table NORTH AMERICA: REHABILITATION ROBOTIC SYSTEMS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table EUROPE: REHABILITATION ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table GLOBAL REHABILITATION ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
        • Table GLOBAL REHABILITATION ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (UNITS)
      • NONINVASIVE RADIOSURGERY ROBOTIC SYSTEMS
        • Table GLOBAL NONINVASIVE RADIOSURGERY ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table NORTH AMERICA: NONINVASIVE RADIOSURGERY ROBOTIC SYSTEMS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table EUROPE: NONINVASIVE RADIOSURGERY ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • HOSPITAL AND PHARMACY ROBOTIC SYSTEMS
        • Table GLOBAL HOSPITAL AND PHARMACY ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table NORTH AMERICA: HOSPITAL AND PHARMACY ROBOTS MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table EUROPE: HOSPITAL AND PHARMACY ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
        • Table GLOBAL HOSPITAL AND PHARMACY ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
        • Table GLOBAL HOSPITAL AND PHARMACY ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014-2021 (UNITS)
      • OTHER ROBOTIC SYSTEMS
        • Table GLOBAL OTHER ROBOTIC SYSTEMS MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • MEDICAL ROBOTS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table GLOBAL MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • LAPAROSCOPY
      • Table MEDICAL ROBOTS MARKET SIZE FOR LAPAROSCOPY, BY REGION, 2014-2021 (USD MILLION)
    • ORTHOPEDICS
      • Table MEDICAL ROBOTS MARKET SIZE FOR ORTHOPEDICS, BY REGION, 2014-2021 (USD MILLION)
    • NEUROLOGY
      • Table MEDICAL ROBOTS MARKET SIZE FOR NEUROLOGY, BY REGION, 2014-2021 (USD MILLION)
    • SPECIAL EDUCATION
      • Table MEDICAL ROBOTS MARKET SIZE FOR SPECIAL EDUCATION, BY REGION, 2014-2021 (USD MILLION)
    • OTHER APPLICATIONS
      • Table MEDICAL ROBOTS MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2013-2020 (USD MILLION)
  • MEDICAL ROBOTS MARKET, BY REGION
    • INTRODUCTION
      • Table GLOBAL MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
      • Table GLOBAL MEDICAL ROBOTS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
      • Table GLOBAL MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
      • Table GLOBAL SURGICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
      • Table GLOBAL REHABILITATION ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
      • Table GLOBAL HOSPITAL & PHARMACY ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: MEDICAL ROBOTS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
      • U.S.
        • Table RECENT MEDICAL ROBOT PURCHASES BY HOSPITALS IN THE U.S.
        • Table FDA APPROVALS MEDICAL ROBOTS (2014–2016)
        • Table FUNDS RECEIVED BY PLAYERS IN THE MEDICAL ROBOTS MARKET
        • Table U.S.: MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table U.S.: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table U.S.: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
      • CANADA
        • Table CANADA: MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table CANADA: ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table CANADA: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: MEDICAL ROBOTS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
      • Table EUROPE: MEDICAL ROBOTS MARKET SIZE, BY PRODUCT, 2014–2021 (USD MILLION)
      • Table EUROPE: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
      • Table EUROPE: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
      • EU5
        • Table EU5: MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table EU5: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table EU5: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
      • ROE
        • Table ROE: MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table ROE: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table ROE: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
    • ASIA-PACIFIC
      • NURSING ROBOTS TO ADDRESS THE SHORTAGE OF CARE WORKERS IN JAPAN, SOUTH KOREA, AND HONG KONG
      • GROWTH IN THE NUMBER OF APPROVALS FOR USE OF MEDICAL ROBOTS IN JAPAN
      • RISING PREVALENCE OF CANCER IN CHINA
      • FOREIGN PARTNERSHIPS AND GROWING START-UP COMPANIES IN CHINA
      • GROWING ROBOTIC PROCEDURES BACKED BY RISING NUMBER OF HOSPITAL BEDS IN INDIA
      • RISING ADOPTION OF MEDICAL ROBOTS IN ASIA
      • FUNDING AND COLLABORATIONS
      • TRAINING PROGRAMS IN AUSTRALIA
        • Table ASIA-PACIFIC: MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table ASIA-PACIFIC: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table ASIA-PACIFIC: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • INTRODUCTION OF TELEMEDICINE ROBOTS IN AFRICA
      • INTERNATIONAL WORKSHOPS ON ROBOTICS IN BRAZIL
      • DOMESTIC MANUFACTURING OF SURGICAL ROBOTS IN IRAN
        • Table ROW: MEDICAL ROBOTS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table ROW: MEDICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION)
        • Table ROW: MEDICAL ROBOTS MARKET SIZE, BY APPLICATION, 2014–2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
    • COMPETITIVE SITUATION AND TRENDS
      • MARKETING AND PROMOTIONAL ACTIVITIES
        • Table MARKETING AND PROMOTIONAL ACTIVITIES, 2014–2016
      • AGREEMENTS, COLLABORATIONS, JOINT VENTURES, AND PARTNERSHIPS
        • Table AGREEMENTS, COLLABORATIONS, JOINT VENTURES, AND PARTNERSHIPS, 2014–2016
      • ACQUISITIONS
        • Table ACQUISITIONS, 2014–2016
      • PRODUCT LAUNCHES
        • Table PRODUCT LAUNCHES, 2014–2016
      • EXPANSIONS
        • Table EXPANSIONS, 2014–2016
      • OTHER STRATEGIES
        • Table OTHER STRATEGIES, 2014–2016
  • COMPANY PROFILES
    • INTRODUCTION
    • INTUITIVE SURGICAL, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • STRYKER CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HOCOMA AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MAZOR ROBOTICS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HANSEN MEDICAL, INC. (A WHOLLY OWNED SUBSIDIARY OF AURIS SURGICAL ROBOTICS)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ACCURAY INCORPORATED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • OMNICELL, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ARXIUM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • EKSO BIONICS HOLDINGS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • KIRBY LESTER LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • OTHER DEVELOPMENTS
      • INTUITIVE SURGICAL, INC.
      • HOCOMA AG
      • MAZOR ROBOTICS LTD.
      • HANSEN MEDICAL, INC. (A WHOLLY OWNED SUBSIDIARY OF AURIS SURGICAL ROBOTICS)
      • ACCURAY INCORPORATED
      • OMNICELL, INC.
      • ARXIUM
      • EKSO BIONICS HOLDINGS, INC.
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    • AVAILABLE CUSTOMIZATIONS
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    • AUTHOR DETAILS

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