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Key industry players in the medical robotics market are focusing on technological innovation, including AI integration and enhanced visual systems to improve surgical precision and outcomes. They are expanding robotic platforms across various specialties, such as orthopaedics, urology, and cardiothoracic surgery, to increase versatility. Companies are also emphasizing affordability through cost-effective solutions, financing models, and reduced maintenance costs. Partnerships, acquisitions, and training programs are vital for increasing adoption and expertise. Geographical expansion into emerging markets and the integration of robotic systems with existing hospital technologies are also key priorities.
Prominent players operating in the medical robots industry include:
The global medical robots industry was valued at USD 12.8 billion in 2024 and is projected to grow at a 16.6% CAGR from 2025 to 2034, driven by increasing automation in healthcare and rising demand for minimally invasive surgeries.
The North America medical robots market recorded USD 7.8 billion in 2024, supported by significant healthcare expenditure, government initiatives, and growing awareness of chronic diseases.
The surgical robots segment generated USD 8.1 billion in revenue in 2024, as these robots enable precision in minimally invasive procedures, reducing blood loss, postoperative pain, and recovery time.
Key players in the market include ACCURAY, Aethon, ARxIUM, Capsa Healthcare, Globus Medical, Hocoma, Intuitive Surgical, Johnson & Johnson, Medtronic, Omnicell, Reinshaw, and Smith & Nephew.