How big is the Medical Robotic Systems Market?

The Medical Robotic Systems Market size is expected to reach USD 13.32 billion in 2024 and grow at a CAGR of 16.13% to reach USD 28.14 billion by 2029. Read More

What is the current Medical Robotic Systems Market size?

In 2024, the Medical Robotic Systems Market size is expected to reach USD 13.32 billion. Read More

Who are the key players in Medical Robotic Systems Market?

Intuitive Surgical Inc., Auris Surgical Robotics, Inc. (Hansen Medical Inc.), Accuray Incorporated, iRobot Corporation and Medrobotics Corporation are the major companies operating in the Medical Robotic Systems Market. Read More

Which is the fastest growing region in Medical Robotic Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Medical Robotic Systems Market?

In 2024, the North America accounts for the largest market share in Medical Robotic Systems Market. Read More

What years does this Medical Robotic Systems Market cover, and what was the market size in 2023?

In 2023, the Medical Robotic Systems Market size was estimated at USD 11.17 billion. The report covers the Medical Robotic Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Robotic Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Medical Robotic Systems Market - Size, Share & Industry Analysis

Medical Robots Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Medical/Healthcare Robotics Systems Market is Segmented by Product Type (Surgical Robotic Systems, Rehabilitative Robotic Systems, Non-Invasive Radiosurgery Robots, Hospital, and Pharmacy Robotic Systems) and Geography. The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Medical Robotic Systems Industry Overview

The Medical Robotic Systems Market is competitive as the majority of the market demand is satisfied by the advanced offerings from major players despite the presence of several players. The growth and competitiveness can be attributed to Western partnerships to improve healthcare, the developing of surgical robots by domestic manufacturers, and multiple government collaborations with regional universities for research and development purposes. These companies are adopting strategic collaborative initiatives to increase their market share and profitability. Some key market players include Intuitive Surgical Inc., Auris Surgical Rbots Inc., and iRobot Corporation.

In April 2023, Apollo Cancer Centres, Navi Mumbai, launched the fourth-generation advanced Da Vinci Xi Robotic System that can be used in the field of oncology, urology, colorectal surgeries, gynecology, thoracic, cardiology, pediatric and gastrointestinal surgeries, kidney transplants and in liver transplantation.

In February 2023, Global Hospital, a Mumbai-based hospital, launched Da Vinci Xi Robotic Surgical System. This robotic surgical system is designed to allow surgeons to perform minimally invasive surgeries precisely and safely. According to the company, this advanced system will be used in various surgical fields, including gynecology, urology, oncology, liver transplantation, cardiology, thoracic, pediatric, and gastrointestinal surgery, to improve patient outcomes and quality of life.