What are the Historical Developments and Current Growth Metrics of the Medical Robotics Market?
The medical robotics market has seen considerable growth due to a variety of factors.
• In recent times, the medical robotics market size has experienced significant expansion, with an estimated increase from $14.59 billion in 2024 to $16.86 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 15.6%.
Factors contributing to this growth during the historical period include growing demands for superior precision and accuracy, increased preference for minimally invasive surgery, the rise in chronic disease prevalence, investment in research and development, and the broadening scope of applications within the healthcare sector.
What Does Future Hold for The Medical Robotics Market Size?
The medical robotics market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of medical robotics is predicted to experience explosive growth in the coming years. It is projected to reach $35.66 billion in 2029, with a compound annual growth rate (CAGR) of 20.6%.
The spurt of growth during the forecast period might be due to factors like the demand for better healthcare among consumers, supportive regulations and standards, affordability and accessibility, the need for remote operations and telepresence, and integration with artificial intelligence and machine learning. During the forecast period, the main trends will likely include the rise of patient-focused robotic development, progress in surgical methodologies, an increase in less invasive surgeries, an enhanced role in rehabilitation, and a growing demand for telepresence and remote surgeries.
What Are the Critical Driver Fuelling the Medical Robotics Market's Growth?
The increasing inclination towards minimally invasive surgery (MIS) is playing a substantial role in expanding the medical robotics market. Minimally invasive surgery involves the utilization of different methods, including the use of medical robots, to perform operations causing less harm to the body than open surgery. The inclination towards minimally invasive surgeries is escalating as patients increasingly choose them due to reduced postoperative discomfort, fewer postoperative issues, shorter hospital stays, quicker recovery periods, and other benefits. For example, research findings published in JAMA Surgery by Johns Hopkins investigators suggest that American hospitals could collectively avoid a myriad of post-surgical issues and save between $280 million and $340 million annually by prioritizing minimally invasive procedures over traditional open surgery for standard operations like those on the appendix, colon, and lungs. Similarly, in September 2023, the American Society of Plastic Surgeons, a professional organization of US-based plastic surgeons, reported that 26.2 million minimally invasive and surgical procedures were performed in the US. Hence, the growing preference for minimally invasive surgery is propelling the medical robotics market.
What Is The Segmentation Of The Global Medical Robotics Market?
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
Subsegments:
1) By Surgical Robotics Systems: Robotic-Assisted Surgical Systems, Minimally Invasive Surgical Robots, Teleoperated Surgical Robots
2) By Rehabilitation Robotics Systems: Exoskeletons for Rehabilitation, Robotic Therapy Devices, Assistive Robots for Patient Mobility
3) By Non-invasive Radiosurgery Systems: Stereotactic Radiosurgery Systems, CyberKnife Systems, Gamma Knife Systems
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What Emerging Trends Are Shaping The Medical Robotics Market Landscape?
The growing trend in the medical robotics market is the strategic partnership among businesses. Companies within the medical robotics sector are engaging in different partnerships to create new products and technologies. For example, Novanta, a US photonics firm specializing in advanced solutions, declared a strategic alliance with MassRobotics, a robotics and AI firm from the US, in February 2022, aiming to boost advancements in surgical and medical robotics. Novanta's divisions, Celera Motion and ATI Industrial Automation, will work together with MassRobotics to enhance both the sophistication of medical and surgical robotic solutions and the productivity of robotics.
Who Are the Key Players in the Medical Robotics Market?
Major companies operating in the medical robotics market include:
• 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
What are the Regional Insights into the Medical Robotics Market?
North America will be the largest region in the medical robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
