Medical Robots Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Surgical Robotic Systems, Rehabilitation Robotic Systems, Therapeutic Robotic Systems, Radiosurgery Robotic Systems, Hospital & Pharmacy Robotic Systems), By Therapeutic Area (General Surgery, Orthopaedic Surgery, Abdominal and Pelvic Surgery, Urologic Surgery, Others), By End-user (Hospital & Clinics, Ambulatory Surgery Centre, Pharmacies, Rehabilitation Centre, Others) and Region Forecast 2019-2030

The medical robots market size was valued at US$ 15,050.3 million in 2023 and is projected to reach US$ 35,848.5 million by 2030 at a CAGR of 13.5%. Moreover, the U.S. Medical Robots Market is projected to grow at a CAGR of 15.7% over the forecast period. The market refers to the industry that develops, manufactures, and deploys robotic devices and technologies to aid or conduct medical procedures. These robots are utilized in a variety of healthcare settings, including surgical aid, rehabilitation, hospital logistics, and diagnostics. They use innovative mechanical systems, artificial intelligence, and precision engineering to improve the accuracy, efficiency, and least invasiveness of medical procedures.

The market has grown significantly due to rising demand for minimally invasive surgical procedures, advances in robots technology, and increased healthcare investments. These technologies have advantages such as faster recovery times, more precision, and a lower risk of problems, which is driving their widespread acceptance in hospitals and clinics around the world. North America and Europe have the largest market shares due to established healthcare infrastructure, but the Asia-Pacific region is rapidly expanding, fuelled by technology improvements and rising healthcare expenditure. The market is divided into three major segments: robotic surgical systems, rehabilitation robots, and hospital/logistics robots, with advancements constantly expanding their scope and functionality.

Key Players

The global market includes several medical robots companies such as Abbott, Panasonic, Renishaw, Siemens Healthineers, Smith + Nephew, Stryker, Medtronic, Johnson & Johnson, Zimmer Biotech among others.

List of Instances

• In July 2024, Medtronic introduced the Live Stream option for the Touch Surgery ecosystem, an AI-powered digital technology platform that improves robotic surgery. This unique feature allows for real-time sharing and collaboration during surgical procedures, demonstrating Medtronic's dedication to incorporating artificial intelligence into robotic-assisted surgery to improve precision and results.
• In September 2024, Mendaera, a medical Robots business, revealed that it has received $73 million to assist the commercialization of its revolutionary robotic solutions. The business plans to revolutionize needle-based medical procedures by integrating Robots to increase precision and patient outcomes, marking a huge step forward in its objective to advance medical technology.
• In September 2024, Medtronic expanded its Medtronic Customer eXperience Center (MCXC) in Singapore by opening the first Robots Experience Studio in Southeast Asia. This initiative demonstrates Medtronic's commitment to increasing access to cutting-edge technology through cooperation, training, and education, strengthening its commitment to encouraging innovation in the healthcare ecosystem.

Facts & Figures

• Assistive robotic technologies are generating market demand because of their use in helping the elderly and crippled. These devices are rapidly being used in rehabilitation centres throughout the world.
• Johnson & Johnson MedTech's VELYS™ Spine, released in 2024, was cleared by the FDA for spinal fusion procedures, highlighting continued developments in robotic technology.
• Medical robots now feature AI and machine learning capabilities, allowing for remote surgeries and real-time decision-making during difficult procedures, which is a crucial development driver in places such as North America and Asia.

Key Developments

• In June 2024, Meril an Indian medical equipment business, has announced the launch of MISSO, an innovative surgical robotic technology created in-house. This unique device is intended to aid doctors in real time during knee replacement procedures, demonstrating the company's commitment to improving medical facilities and surgical precision.
• In August 2024, Johnson & Johnson MedTech announced that its orthopaedics division, DePuy Synthes, will debut the VELYS™ Active Robotic-Assisted System, a dual-use and standalone navigation platform developed in partnership with eCential Robots. The novel system, developed for planning and instrumenting spinal fusion procedures throughout the cervical, thoracolumbar, and sacroiliac spine, has obtained 510(k) clearance from the United States Food and Drug Administration (FDA), representing a significant leap in spine surgery technology.

Medical Robots Market Detailed Segmentation

By Type: In the Surgical robotic systems lead the market, owing to rising demand for minimally invasive surgical procedures. These systems, particularly in soft tissue and hard tissue surgeries, are changing the way complex procedures are carried out by improving precision, shortening recuperation times, and lowering the risk of problems. Innovations such as the da Vinci Surgical System have set new standards in this field, allowing surgeons to conduct complex procedures with more dexterity and visualization. 

Soft tissue procedures lead this area due to its broad application in fields such as general surgery, urology, and gynaecology. Rising rates of chronic ailments such as cancer and cardiovascular disease have boosted the demand for robotic-assisted procedures that require precision and accuracy. The advantages of surgical robots, such as reduced postoperative pain, fewer surgical site infections, and shorter hospital stays, have fuelled their widespread acceptance in hospitals and surgical centres worldwide. 

As healthcare providers prioritize patient outcomes and operational efficiency, the demand for surgical robotic systems continues to grow. Furthermore, improvements in robotic technology, such as AI-powered surgical aid and augmented reality integration, reinforce surgical robotic systems' position as the primary driver of the market.

By Therapeutic Area: General surgery stands as the leading therapeutic area, the market is driven by the widespread application of robotic systems in procedures such as hernia repairs, bariatric surgeries, and cholecystectomies. The adoption of robotic-assisted systems in general surgery has been propelled by their ability to offer superior precision, better visualization, and enhanced control compared to conventional laparoscopic or open surgical methods. Furthermore, the incorporation of modern technologies such as AI and 3D imaging into robotic systems has increased their efficacy in general surgery. These advancements improve preoperative planning and intraoperative decision-making, enhancing surgeon confidence and robotic system adoption. As healthcare facilities continue to engage in updating their surgical skills, general surgery remains the most important therapeutic area driving the growth. 

By End-user: Hospitals and clinics are the largest and most prominent end user segments in the medical Robots industry, accounting for most of the robotic system installs and applications. This segment's supremacy originates from the widespread usage of robotic systems in difficult surgical operations, reducing hospital workflows, and improving patient care results. These hospitals prioritize innovative technologies to improve surgical precision, reduce complications, and maximize resource usage, making medical Robots a crucial component of modern healthcare delivery. Hospitals are ideal environments for implementing robotic systems in many disciplines such as general surgery, orthopaedics, and urology due to their high patient traffic and availability of specialist surgical units. These technologies help hospitals achieve greater procedural efficiency and shorter hospital stays, thereby improving patient turnover rates and overall cost-effectiveness.

Furthermore, prominent hospitals' rising investments in cutting-edge robotic technologies and training programs for medical professionals demonstrate their dedication to implementing new healthcare solutions. Trends such as the incorporation of AI into robotic systems and the growing emphasis on value-based treatment highlight hospitals and clinics as the primary end users in the medical Robots industry, driving continual innovation and market growth.