The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Medical Robots Global Market Report 2023, the medical robots market is expected to show significant growth in the forecast period.

Key insights from the medical robots market forecast include:

1. Market Size

The 2022 global medical robots market value of $11.17 billion is projected to rise to $13.25 billion in 2023, with an 18.6% CAGR. Anticipated growth will see the market reach $26.43 billion in 2027, driven by an 18.9% CAGR.

2. Major Driver

The increasing need for precise laparoscopic surgeries is set to drive the medical robots market. The Cleveland Clinic reported 13 million yearly global laparoscopic procedures in March 2022, with a projected 1% growth over five years, further fueling demand for accurate laparoscopic operations and boosting the medical robots market.

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3. Key Trend

Technological advancements are a prominent trend in the medical robots market, with major companies focused on innovating to strengthen their position. In April 2022, US-based healthcare robotics firm Diligent Corporation introduced Moxi, an AI-enabled robot adept at handling time-consuming hospital logistics tasks, such as preparing patient rooms and restocking supplies. Moxi can deliver teleboxes, manage “do not tube” medications, and retrieve patients’ personal items, featuring core technical attributes including social intelligence, mobile manipulation, and human-guided learning, marking a significant advancement in Diligent’s product lineup.

4. Major Players

Major players in the medical robots market are Smith and Nephew PLC, Strikers, Aethon, Intuitive Surgical Inc., Major Robotics, Intouch Technologies Inc., Renishaw PLC., MedTech SA, Ekso Bionics Holdings Inc., ReWalk Robotics , Medrobotics Corporation, McKesson Corporation, Hocoma AG, Cyberdyne Inc., and BD Rowa.

5. Top Market Segments

The global medical robots market is segmented –

1) By Type: Hospital and Pharmacy Robotic Systems, Surgical Robotic Systems, Noninvasive Radiosurgery Robotic Systems, Rehabilitation Robotic Systems, Other Types

2) By Solutions: On-Premises, Cloud

3) By Application: Cardiology, Laparoscopy, Pharmacy, Neurosurgery, Orthopedic Surgery, Other Applications

4) By End Users: Specialty Centers, Hospitals and Clinics, Rehabilitation Centers, Other End Users

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The Medical Robots Global Market Report 2023  provides an in-depth analysis on the medical robots market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the medical robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Medical And Diagnostic Laboratory Services Global Market Report 2023

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