Medical Robotic System Market
PUBLISHED: 2019 ID: SMRC18276
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Medical Robotic System Market

Medical Robotic System - Global Market Outlook (2017-2026)

4.4 (32 reviews)
4.4 (32 reviews)
Published: 2019 ID: SMRC18276

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Medical Robotic System Market is accounted for $6,078.31 million in 2017 and is expected to reach $33,652.34 million by 2026 growing at a CAGR of 20.9% during the forecast period. Factors such as technological advancements in medical robotic system, increase in funding for medical robots research and issuance of IPOS by medical robot companies are fuelling the market growth. However, the safety concerns over robotic surgery devices are hampering the market. 

Medical robots are specially designed robots which can tackle various tasks associated with medical sciences. This refers that ranging from their usage in surgeries, to usage OD few robots as a receptionist in various hospitals around the world. Medical robotic systems are used in various medical applications and differ depending on its usage. These include surgical robotic systems, spine robotic systems, laparoscopic robotic systems, and rehabilitation robotic system.

Among Application, The neurosurgery segment has considerable growth during the forecast period owing to the increasing precision and improved quality of medical robots which have encouraged the use of robots in neurosurgery.

By Geography, Asia Pacific is expected to grow at the significant market share during the forecast period due to the increasing geriatric population, growing adoption of medical robots, and robot-assisted training initiatives for surgeons.

Some of the key players in global Medical Robotic System market are Roche Holdings, Abbot Diagnostics, Omnicell Technologies, Intuitive Surgical, Accuray Incorporated, Stryker Corporation, Mckesson Corporation, Siemens Healthineers, Mazor Robotics, Titan Medical Inc., Medrobotics Corporation, Agilent Technologies, Inc, iRobot Corporation, Hansen Medical, Inc. and Renishaw Plc.

Components Covered:
• Locomotion Systems
• Visualization System
• Safety Systems
• Software Platform
• User Interface
• Power Sources

Products Covered:
• Hospital & Pharmacy Robotic Systems
• Emergency Response Robotic Systems
• Disinfection Robot
• Surgical Robotic Systems
• Rehabilitation Robotic Systems
• Noninvasive Radiosurgery Robotic Systems

Applications Covered:
• Orthopedic Surgery 
• Neurosurgery 
• Laparoscopy 
• Oncology Application
• Special Education
• Cardiology Application
• Urology Application
• Other Applications

End Users Covered:
• Rehabilitation Center
• Pharmacy
• Home Care Setting
• Hospital

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           
2 Preface          
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Product Analysis        
 3.7 Application Analysis       
 3.8 End User Analysis        
 3.9 Emerging Markets        
 3.10 Futuristic Market Scenario       
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Medical Robotic System Market, By Component     
 5.1 Introduction        
 5.2 Locomotion Systems       
 5.3 Visualization System       
 5.4 Safety Systems        
 5.5 Software Platform        
 5.6 User Interface        
 5.7 Power Sources        
           
6 Global Medical Robotic System Market, By Product      
 6.1 Introduction        
 6.2 Hospital & Pharmacy Robotic Systems      
  6.2.1 IV Robotic Systems       
  6.2.2 Telemedicine Robots      
  6.2.3 Cart Transportation Robots      
  6.2.4 Pharmacy Robotic Systems      
 6.3 Emergency Response Robotic Systems      
  6.3.1 Auto Pulse Plus Robotic System     
  6.3.2 LS-1 Robotic System       
  6.3.3 Other Emergency Response Robotic Systems    
 6.4 Disinfection Robot        
 6.5 Surgical Robotic Systems       
  6.5.1 Neurosurgical Robotic Systems     
   6.5.1.1 NeuroMate Surgical System     
   6.5.1.2 Renaissance Surgical System     
   6.5.1.3 Pathfinder Surgical System     
  6.5.2 Laparoscopy Robotic Systems      
   6.5.2.1 Da Vinci Robotic Surgery System    
   6.5.2.2 Telelap ALF-X Surgery System     
   6.5.2.3 FreeHand Endoscope Holder System    
   6.5.2.4 Noncatheter Percutaneous Robotic Systems   
  6.5.3 Steerable Robotic Catheters      
   6.5.3.1 Sensei Robotic System     
   6.5.3.2 Niobe Remote Magnetic Navigation System   
  6.5.4 Orthopedic Robotic Systems      
   6.5.4.1 Robodoc Surgical System     
   6.5.4.2 MAKO RIO Surgical System     
   6.5.4.3 iBlock Surgical System     
   6.5.4.4 Navio PFS Surgical System     
   6.5.4.5 Stanmore Sculptor Surgical System    
  6.5.5 Other Surgical Robotic Systems     
 6.6 Rehabilitation Robotic Systems      
  6.6.1 Assistive Robotic Systems      
   6.6.1.1 I-ARM - Robotic Arm     
   6.6.1.2 Handy 1 Assistive Robot     
   6.6.1.3 Lokomat       
   6.6.1.4 Mobility System - Muscle Re-Education Device   
  6.6.2 Prosthetics/Exoskeletons      
   6.6.2.1 C-Leg Knee Prosthetic     
   6.6.2.2 Rewalk Walking Assistance Exoskeleton    
   6.6.2.3 Rheo       
   6.6.2.4 i-Limb Ultrahand - Hand Prosthetic    
  6.6.3 Orthotics        
  6.6.4 Therapeutic Robotic Systems      
  6.6.5 Other Rehabilitation Robotic Systems     
 6.7 Noninvasive Radiosurgery Robotic Systems     
  6.7.1 CyberKnife Robotic Radiosurgery System     
  6.7.2 TrueBeam STx Radiosurgery System     
  6.7.3 Gamma Knife Perfexion Radiosurgery System    
  6.7.4 Other Robotic Systems      
           
7 Global Medical Robotic System Market, By Application     
 7.1 Introduction        
 7.2 Orthopedic Surgery         
 7.3 Neurosurgery         
 7.4 Laparoscopy         
 7.5 Oncology Application       
 7.6 Special Education        
 7.7 Cardiology Application       
 7.8 Urology Application        
 7.9 Other Applications        
           
8 Global Medical Robotic System Market, By End User 
   
 8.1 Introduction        
 8.2 Rehabilitation Center       
 8.3 Pharmacy        
 8.4 Home Care Setting        
 8.5 Hospital         
           
9 Global Medical Robotic System Market, By Geography 
   
 9.1 Introduction        
 9.2 North America        
  9.2.1 US        
  9.2.2 Canada        
  9.2.3 Mexico        
 9.3 Europe         
  9.3.1 Germany        
  9.3.2 UK        
  9.3.3 Italy        
  9.3.4 France        
  9.3.5 Spain        
  9.3.6 Rest of Europe       
 9.4 Asia Pacific        
  9.4.1 Japan        
  9.4.2 China        
  9.4.3 India        
  9.4.4 Australia        
  9.4.5 New Zealand       
  9.4.6 South Korea       
  9.4.7 Rest of Asia Pacific       
 9.5 South America        
  9.5.1 Argentina       
  9.5.2 Brazil        
  9.5.3 Chile        
  9.5.4 Rest of South America      
 9.6 Middle East & Africa       
  9.6.1 Saudi Arabia       
  9.6.2 UAE        
  9.6.3 Qatar        
  9.6.4 South Africa       
  9.6.5 Rest of Middle East & Africa      
           
10 Key Developments         
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 10.2 Acquisitions & Mergers       
 10.3 New Product Launch       
 10.4 Expansions        
 10.5 Other Key Strategies       
           
11 Company Profiling         
 11.1 Roche Holdings        
 11.2 Abbot Diagnostics        
 11.3 Omnicell Technologies       
 11.4 Intuitive Surgical         
 11.5 Accuray Incorporated       
 11.6 Stryker Corporation        
 11.7 Mckesson Corporation       
 11.8 Siemens Healthineers       
 11.9 Mazor Robotics         
 11.10 Titan Medical Inc.        
 11.11 Medrobotics Corporation       
 11.12 Agilent Technologies, Inc       
 11.13 iRobot Corporation        
 11.14 Hansen Medical, Inc.       
 11.15 Renishaw Plc                  


List of Tables          
1 Global Medical Robotic System Market Outlook, By Region (2016-2026) ($MN)   
2 Global Medical Robotic System Market Outlook, By Component (2016-2026) ($MN)   
3 Global Medical Robotic System Market Outlook, By Locomotion Systems (2016-2026) ($MN)  
4 Global Medical Robotic System Market Outlook, By Visualization System (2016-2026) ($MN)  
5 Global Medical Robotic System Market Outlook, By Safety Systems (2016-2026) ($MN)  
6 Global Medical Robotic System Market Outlook, By Software Platform (2016-2026) ($MN)  
7 Global Medical Robotic System Market Outlook, By User Interface (2016-2026) ($MN)  
8 Global Medical Robotic System Market Outlook, By Power Sources (2016-2026) ($MN)  
9 Global Medical Robotic System Market Outlook, By Product (2016-2026) ($MN)   
10 Global Medical Robotic System Market Outlook, By Hospital & Pharmacy Robotic Systems (2016-2026) ($MN)
11 Global Medical Robotic System Market Outlook, By IV Robotic Systems (2016-2026) ($MN)  
12 Global Medical Robotic System Market Outlook, By Telemedicine Robots (2016-2026) ($MN)  
13 Global Medical Robotic System Market Outlook, By Cart Transportation Robots (2016-2026) ($MN) 
14 Global Medical Robotic System Market Outlook, By Pharmacy Robotic Systems (2016-2026) ($MN) 
15 Global Medical Robotic System Market Outlook, By Emergency Response Robotic Systems (2016-2026) ($MN)
16 Global Medical Robotic System Market Outlook, By Auto Pulse Plus Robotic System (2016-2026) ($MN) 
17 Global Medical Robotic System Market Outlook, By LS-1 Robotic System (2016-2026) ($MN)  
18 Global Medical Robotic System Market Outlook, By Other Emergency Response Robotic Systems (2016-2026) ($MN)
19 Global Medical Robotic System Market Outlook, By Disinfection Robot (2016-2026) ($MN)  
20 Global Medical Robotic System Market Outlook, By Surgical Robotic Systems (2016-2026) ($MN) 
21 Global Medical Robotic System Market Outlook, By Neurosurgical Robotic Systems (2016-2026) ($MN) 
22 Global Medical Robotic System Market Outlook, By Laparoscopy Robotic Systems (2016-2026) ($MN) 
23 Global Medical Robotic System Market Outlook, By Steerable Robotic Catheters (2016-2026) ($MN) 
24 Global Medical Robotic System Market Outlook, By Orthopedic Robotic Systems (2016-2026) ($MN) 
25 Global Medical Robotic System Market Outlook, By Other Surgical Robotic Systems (2016-2026) ($MN) 
26 Global Medical Robotic System Market Outlook, By Rehabilitation Robotic Systems (2016-2026) ($MN) 
27 Global Medical Robotic System Market Outlook, By Assistive Robotic Systems (2016-2026) ($MN) 
28 Global Medical Robotic System Market Outlook, By Prosthetics/Exoskeletons (2016-2026) ($MN) 
29 Global Medical Robotic System Market Outlook, By Orthotics (2016-2026) ($MN)   
30 Global Medical Robotic System Market Outlook, By Therapeutic Robotic Systems (2016-2026) ($MN) 
31 Global Medical Robotic System Market Outlook, By Other Rehabilitation Robotic Systems (2016-2026) ($MN)
32 Global Medical Robotic System Market Outlook, By Noninvasive Radiosurgery Robotic Systems (2016-2026) ($MN)
33 Global Medical Robotic System Market Outlook, By CyberKnife Robotic Radiosurgery System (2016-2026) ($MN)
34 Global Medical Robotic System Market Outlook, By TrueBeam STx Radiosurgery System (2016-2026) ($MN)
35 Global Medical Robotic System Market Outlook, By Gamma Knife Perfexion Radiosurgery System (2016-2026) ($MN)
36 Global Medical Robotic System Market Outlook, By Other Robotic Systems (2016-2026) ($MN)  
37 Global Medical Robotic System Market Outlook, By Application (2016-2026) ($MN)   
38 Global Medical Robotic System Market Outlook, By Orthopedic Surgery (2016-2026) ($MN)  
39 Global Medical Robotic System Market Outlook, By Neurosurgery (2016-2026) ($MN)  
40 Global Medical Robotic System Market Outlook, By Laparoscopy (2016-2026) ($MN)   
41 Global Medical Robotic System Market Outlook, By Oncology Application (2016-2026) ($MN)  
42 Global Medical Robotic System Market Outlook, By Special Education (2016-2026) ($MN)  
43 Global Medical Robotic System Market Outlook, By Cardiology Application (2016-2026) ($MN)  
44 Global Medical Robotic System Market Outlook, By Urology Application (2016-2026) ($MN)  
45 Global Medical Robotic System Market Outlook, By Other Applications (2016-2026) ($MN)  
46 Global Medical Robotic System Market Outlook, By End User (2016-2026) ($MN)   
47 Global Medical Robotic System Market Outlook, By Rehabilitation Center (2016-2026) ($MN)  
48 Global Medical Robotic System Market Outlook, By Pharmacy (2016-2026) ($MN)   
49 Global Medical Robotic System Market Outlook, By Home Care Setting (2016-2026) ($MN)  
50 Global Medical Robotic System Market Outlook, By Hospital (2016-2026) ($MN)   
           
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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