Market Overview:
The global medical robotics and computer-assisted surgical system market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, technological advancements in medical robotics, and rising healthcare expenditure. Based on type, the surgical robots segment is expected to account for the largest share of the global medical robotics and computer-assisted surgical system market in 2018. This segment is also projected to grow at a high CAGR during the forecast period. The growth in this segment can be attributed to factors such as increasing demand for minimally invasive surgeries and technological advancements in surgical robots. Based on application, hospitals are expected to account for the largest share of the global medical robotics and computer-assisted surgical system market in 2018.
Product Definition:
Medical robotics and computer-assisted surgical systems (CASS) are medical devices that use robotic technology to assist surgeons in performing surgery. CASS systems typically include a robot arm, a camera, and a monitor. The robot arm is used to position the camera and other surgical tools within the patient's body, while the surgeon uses the monitor to visualize the surgical site. CASS systems offer many benefits over traditional surgery, including improved precision, reduced trauma to tissues surrounding the surgical site, and shorter operating times.
Surgical:
Surgical robots and computer-assisted surgical systems are medical devices used in surgery. Surgical robotics is a class of medical robotic equipment that performs surgeries under the guidance of computer software. In contrast, conventional laparoscopy involves using a camera and a lighted screen to observe the internal organs through small incisions made in the abdominal wall.
Rehabilitation:
Rehabilitation is a process that helps an individual recover from physical disabilities or medical conditions. It also allows the body to adapt and improve functional capabilities. The rehabilitation software used in computer-assisted surgical systems enables users to perform multiple tasks such as operating room setup, equipment positioning, and entering data into the system with ease.
Application Insights:
Based on application, the global market is segmented into hospitals, clinics, and others. Hospitals held the largest share in 2017 owing to their extensive usage for surgeries. Most of all advanced countries have a hospital-based healthcare system which is dominated by routine use of medical robotics and computer-assisted surgical systems in hospitals for various procedures such as orthopedic surgeries or gynecology checkups. However, due to rising cases of chronic diseases and an aging population across the globe, demand for non-invasive radiosurgery devices has increased significantly in recent years along with an increasing number of patients visiting clinics & hospitals. This trend is expected to continue over the forecast period as well owing to growing awareness about health issues among people especially after retirement age group when they face problems related to mobility or balance disorders which can be treated by using these robotsically assisted systems at low costs compared to hospital based treatment options thus driving growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by companies and rising adoption of technologically advanced systems in hospitals, clinics, and other healthcare settings. Moreover, growing number of surgical procedures that are being performed with robotic instruments or using computer-aided systems may also contribute toward growth in this region.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to increasing government initiatives for developing healthcare infrastructure coupled with rising demand for medical robotics and CAGS system from emerging economies such as China and India. In addition, economic development coupled with rise in disposable income will also help boost demand during the estimated time span; hence driving regional growth rate significantly higher than North America or Europe counterparts over the next eight years (2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical robotics and computer-assisted surgical system market is expected to grow at a CAGR of over 12% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less traumatic and result in shorter hospital stays.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, cardiovascular diseases, and orthopedic disorders is rising rapidly. This is leading to an increase in the number of surgical procedures being performed each year, thereby driving the growth of the medical robotics and computer-assisted surgical system market.
- Technological advancements: The medical robotics and computer-assisted surgical system market is witnessing rapid technological advancements with new products being launched regularly. This is helping healthcare providers adopt these systems more easily and improve patient outcomes significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Robotics And Computer-Assisted Surgical System Market Research Report
By Type
Surgical, Rehabilitation, Non-Invasive Radiosurgery, Pharmacy Automation Robots
By Application
Hospitals, Clinics, Nursing Homes, Others
By Companies
Aesculap, Biobot Surgical, Boulder Innovation, Hitachi, Honda, Imris, Karl Storz, Kinova Robotics, Kirby Lester, Mazor Robotics, Medrobotics, Medtech Global, Omni Life Science, Schaerer Medical, Siemens, Smith and Nephew, Sonowand, Stryker Corporation, Think Surgical, Voxel-Man, Zimmer Biomet Holding
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Medical Robotics And Computer-Assisted Surgical System Market Report Segments:
The global Medical Robotics And Computer-Assisted Surgical System market is segmented on the basis of:
Types
Surgical, Rehabilitation, Non-Invasive Radiosurgery, Pharmacy Automation Robots
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Nursing Homes, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aesculap
- Biobot Surgical
- Boulder Innovation
- Hitachi
- Honda
- Imris
- Karl Storz
- Kinova Robotics
- Kirby Lester
- Mazor Robotics
- Medrobotics
- Medtech Global
- Omni Life Science
- Schaerer Medical
- Siemens
- Smith and Nephew
- Sonowand
- Stryker Corporation
- Think Surgical
- Voxel-Man
- Zimmer Biomet Holding
Highlights of The Medical Robotics And Computer-Assisted Surgical System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Surgical
- Rehabilitation
- Non-Invasive Radiosurgery
- Pharmacy Automation Robots
- By Application:
- Hospitals
- Clinics
- Nursing Homes
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Robotics And Computer-Assisted Surgical System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medical robotics and computer-assisted surgical system (MRCASS) is a type of robotic surgical system that uses computers to assist surgeons in performing surgery. MRCASS systems are often used to perform surgeries on difficult-to-reach areas of the body, such as the brain or heart.
Some of the key players operating in the medical robotics and computer-assisted surgical system market are Aesculap, Biobot Surgical, Boulder Innovation, Hitachi, Honda, Imris, Karl Storz, Kinova Robotics, Kirby Lester, Mazor Robotics, Medrobotics, Medtech Global, Omni Life Science, Schaerer Medical, Siemens, Smith and Nephew, Sonowand, Stryker Corporation, Think Surgical, Voxel-Man, Zimmer Biomet Holding.
The medical robotics and computer-assisted surgical system market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Robotics And Computer-Assisted Surgical System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Robotics And Computer-Assisted Surgical System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Robotics And Computer-Assisted Surgical System Market - Supply Chain
4.5. Global Medical Robotics And Computer-Assisted Surgical System Market Forecast
4.5.1. Medical Robotics And Computer-Assisted Surgical System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Robotics And Computer-Assisted Surgical System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Robotics And Computer-Assisted Surgical System Market Absolute $ Opportunity
5. Global Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Type
5.3.1. Surgical
5.3.2. Rehabilitation
5.3.3. Non-Invasive Radiosurgery
5.3.4. Pharmacy Automation Robots
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Nursing Homes
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Robotics And Computer-Assisted Surgical System Demand Share Forecast, 2019-2026
9. North America Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Nursing Homes
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Type
9.7.1. Surgical
9.7.2. Rehabilitation
9.7.3. Non-Invasive Radiosurgery
9.7.4. Pharmacy Automation Robots
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Robotics And Computer-Assisted Surgical System Demand Share Forecast, 2019-2026
10. Latin America Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Nursing Homes
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Type
10.7.1. Surgical
10.7.2. Rehabilitation
10.7.3. Non-Invasive Radiosurgery
10.7.4. Pharmacy Automation Robots
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Robotics And Computer-Assisted Surgical System Demand Share Forecast, 2019-2026
11. Europe Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Nursing Homes
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Type
11.7.1. Surgical
11.7.2. Rehabilitation
11.7.3. Non-Invasive Radiosurgery
11.7.4. Pharmacy Automation Robots
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Robotics And Computer-Assisted Surgical System Demand Share, 2019-2026
12. Asia Pacific Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Nursing Homes
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Type
12.7.1. Surgical
12.7.2. Rehabilitation
12.7.3. Non-Invasive Radiosurgery
12.7.4. Pharmacy Automation Robots
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Robotics And Computer-Assisted Surgical System Demand Share, 2019-2026
13. Middle East & Africa Medical Robotics And Computer-Assisted Surgical System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Nursing Homes
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Robotics And Computer-Assisted Surgical System Market Size and Volume Forecast by Type
13.7.1. Surgical
13.7.2. Rehabilitation
13.7.3. Non-Invasive Radiosurgery
13.7.4. Pharmacy Automation Robots
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Robotics And Computer-Assisted Surgical System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Robotics And Computer-Assisted Surgical System Market: Market Share Analysis
14.2. Medical Robotics And Computer-Assisted Surgical System Distributors and Customers
14.3. Medical Robotics And Computer-Assisted Surgical System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aesculap
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Biobot Surgical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Boulder Innovation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hitachi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honda
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Imris
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Karl Storz
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kinova Robotics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kirby Lester
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mazor Robotics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Medrobotics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Medtech Global
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Omni Life Science
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Schaerer Medical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Siemens
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Smith and Nephew
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Sonowand
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Stryker Corporation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Think Surgical
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Voxel-Man
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
