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Medical Robots Market Size

Report ID: GMI5061
Published Date: Dec 2024
Report Format: PDF

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Medical Robots Market Size

The global medical robots market size was valued at USD 12.8 billion in 2024 and is estimated to grow at 16.6% CAGR from 2025 to 2034. The growing demand for automation in healthcare facilities, coupled with government and private sector investments, as well as the increasing demand for minimally invasive surgery, are among the key factors fueling market growth.

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Rising healthcare costs are driving providers to adopt technologies that enhance efficiency and reduce patient care costs. Medical robots can perform certain tasks autonomously, reduce human errors, and optimize resource utilization, making them a cost-effective solution. Additionally, these robots improve precision in surgeries, offer consistent care in rehabilitation, and enhance patient monitoring, leading to better patient outcomes and satisfaction.

Medical Robots Market Report Attributes
Report Attribute	Details
Base Year:	2024
Medical Robots Market Size in 2024:	USD 12.8 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	16.6%
2025 – 2034 Value Projection:	USD 58.2 Billion
Historical Data for:	2021 – 2024
No. of Pages:	130
Tables, Charts & Figures:	104
Segments covered:	Product Type, Application, End Use, and Region
Growth Drivers:	Broad health coverage plans for robot-assisted surgeries Rise in the number of surgical procedures High adoption of surgical robots Technological advancements
Pitfalls & Challenges:	High cost of robotic systems Lack of awareness Stringent regulatory approval

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Moreover, substantial investments in healthcare robotics research and development from governments, private investors, and technology companies are accelerating innovation and adoption. Grants, subsidies, and partnerships are supporting advancements in robotics applications across healthcare sectors. For example, in January 2024, the Technical University of Munich (TUM) received funding support from The Bavarian Research Foundation for its ForNeRo research project, which focuses on integrating various systems in surgery and imaging into regular surgical procedures.

Medical robots are advanced machines designed to assist in healthcare tasks, ranging from surgery and rehabilitation to diagnostics and patient monitoring. There are various types of medical robots used throughout the industry, including surgical robots, rehabilitation robots, and pharmaceutical robots, among others.

Frequently Asked Questions (FAQ) :

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 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.

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.

Key players in the market include ACCURAY, Aethon, ARxIUM, Capsa Healthcare, Globus Medical, Hocoma, Intuitive Surgical, Johnson & Johnson, Medtronic, Omnicell, Reinshaw, and Smith & Nephew.