The Medical Robotics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Medical Robotics Market?
The Medical Robotics Global Market Report 2025 has shown a significant growth trend. The market size, which stood at $14.59 billion in 2024, is predicted to increase to $16.86 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 15.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Medical Robotics Industry?
By 2029, the global market for medical robotics is projected to reach a value of $35.66 billion, growing at a compound annual growth rate (CAGR) of 20.6%.
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What are the Key Growth Drivers Fueling the Medical Robotics Market?
The key drivers in the medical robotics market are:
• Growing consumer demand for improved healthcare
• Increased regulatory support and the development of industry standards
• Integration of artificial intelligence and machine learning in medical procedures
• Rising demand for telepresence and remote surgeries
Global Market Segmentation: Identifying Major Medical Robotics Industry Segments
The medical robotics market covered in this report is segmented –
1) By Product: Surgical Robotics Systems, Rehabilitation Robotics Systems, Non-invasive Radiosurgery Systems
2) By Application: Laparoscopy, Neurosurgery, Cardiology, Orthopedic Surgery, Pharmacy Applications
3) By End-User: Hospitals And Clinics, Specialty Centers, Rehabilitation Centers
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What are the Emerging Trends Shaping the Future of the Medical Robotics Market?
The key trends in the medical robotics market are:
• Patient-centric robotic development is an emerging trend in the medical robotics market.
• Advanced surgical techniques involving medical robotics are becoming increasingly prevalent.
• There is a rising trend towards the use of medical robotics in minimally invasive surgeries.
• The demand for telepresence and remote surgeries using medical robotics is growing.
Who Are the Top Competitors & Leading Players in the Medical Robotics Market?
Major companies in the medical robotics market are:
• Johnson & Johnson
• Medtronic plc
• Siemens Healthineers AG
• Stryker Corporation
• GE Healthcare
• Philips Healthcare
• Boston Scientific Corporation
• Intuitive Surgical
• Smith & Nephew plc
• KUKA Roboter GmbH
• Varian Medical Systems
• Kirby
• Omnicell
• iRobot Corporation
• Globus Medical
• Hansen Medical
• Renishaw plc
• Accuray Inc.
• Kinova Robotics
• Hocoma AG
• Titan Medical Inc.
• Ekso Bionics
• TransEnterix Inc.
• ReWalk Robotics
• Houston Medical Robotics
• Medrobotics Corporation
Regional Dominance: Which Area Leads the Global Template Market?
North America will be the largest region in the medical robotics market in 2024
