Medical Robots Market Analysis

The medical robots market is segmented by robotic systems type into surgical robots, rehabilitation robots, telepresence robots, and others, out of which the surgical robots segment capture the higher share. This can be attributed to the growing demand for surgical robots from the laparoscopy and orthopedic sectors.

Based on application, the market has been segmented into laparoscopy, radiation therapy, orthopedic surgery, neurosurgery, pharmacy, and others, out of which the orthopedic surgery segment is anticipated to grow at a high rate. This can be attributed to the rising application of surgical robots in total knee replacement surgeries. It has been observed that robotic technology in knee replacement surgeries can improve outcomes for patients, which is one of the key factors contributing to the growth of the market segment.

 Based on end-user, the market is further divided into hospitals, ambulatory surgical centers, rehabilitation centers, and others. Hospitals presently capture a higher share of the market, which is primarily attributed to the increasing investment in enhancing healthcare facilities across hospitals. Further, hospitals experience a high patient influx as compared to others, which is also a key factor accelerating the growth of the market segment.

Our in-depth analysis of the global market includes the following segments