Healthcare Robots Market Growth Opportunities and Forecast till 2030
The Global Healthcare Robots Market Size accounted for USD 10,164 Million in 2021 and is anticipated to reach USD 58,214 Million by 2030 with a CAGR of 21.3% from 2022 to 2030.
Robots are transforming medical operations, accelerating the delivery of supplies and sterilizing, and freeing staff members to focus on engaging and providing care for patients. For the creation of medical robots, Intel provides a wide range of technology, such as modular, surgical-assistance, and autonomous mobile robots. In the healthcare industry, robots have been used for a while, mostly in the background. The variety of robotic applications in healthcare has significantly increased over the past five years to include help-seeking tools for doctors, caregivers, nurses, and patients in hospitals and care facilities.
Parameter |
Healthcare Robots Market |
Healthcare Robots Market Size in 2021 |
US$ 10,164 Million |
Healthcare Robots Market Forecast By 2030 |
US$ 58,214 Million |
Healthcare Robots Market CAGR During 2022 – 2030 |
21.3% |
Healthcare Robots Market Analysis Period |
2018 - 2030 |
Healthcare Robots Market Base Year |
2021 |
Healthcare Robots Market Forecast Data |
2022 - 2030 |
Healthcare Robots Market Segments Covered |
By Product, By Component, By Application, By End-User, and By Region |
Healthcare Robots Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Healthcare Robots Market Key Companies Profiled |
Aurora Biomed Inc, Accuray Inc, Biotek Instruments Inc., Hocoma AG, Hansen Medical Inc, Ekso Bionics Holdings Inc, Intuitive Surgical Inc, Kirby Lester Llc, Irobot Corporation, Mazor Robotics Ltd, MAKO Surgical Corp, Titan Medical Inc, Roche Holding AG, Varian Medical Systems, and ZOLL Medical Corp. |
Healthcare Robots Market Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Market Dynamics
Growing hospital infections is the primary factor boosting the healthcare robots market share. The World Health Organization estimates that the annual cost of treating hospital infections in Europe is €7 billion and in the United States is US$6.5 billion. Robots that clean and disinfect have been lowering this toll for a while. However, the impact of COVID-19 pandemic has enhanced their uptake, pushed them into the public eye, and spread their use external of hospitals to places like malls and public transportation. In 2020, more than 30 distinct types of disinfection robots were newly launched, and the IFR anticipates double-digit market growth in the years to come.
In order to support medical staff and improve patient care, robots are now deployed in clinical settings in addition to operating rooms. For example, to assist decrease exposure to viruses during the COVID-19 epidemic, hospitals and clinics are using robots for a far wider range of jobs. Robotics and automation are also employed in research labs to automate laborious, repetitive, and high-volume work so that technicians and scientists can concentrate on more strategic duties that lead to speedier discoveries. Medical robotics' streamlined processes and decreased risk are valuable in many ways. Robots, for instance, can independently clean and prepare patient rooms, reducing person-to-person interaction in infectious illness wards.
Robotic medical assistants keep track of patients' vital signs and notify the nurses when a human presence in the room is required, enabling nurses to keep an eye on multiple patients at once. Additionally, these robotic helpers automatically input data into the patient's electronic health record. Supply-carrying robotic carts can be observed navigating hospital hallways. Robots are also helping surgeons, enabling them to perform surgery through a tiny incision rather of an incision that is several inches long. Other facets of medicine are being significantly impacted by robotics as well.
Market Insights
The five categories of the global healthcare robots market are product, component, application, end-user, and region. The segmentation based on the product includes telemedicine robots, surgical robots, rehabilitation robots, pharmacy and hospital automation robots, non-invasive radiosurgery robots, and robotic catheters.
Based on component, the market is split into safety systems, locomotion systems, user interface, software products, power resources, and visualization systems. Application segment can be further divided into neurology applications, cardiology applications, orthopedic applications, laparoscopic applications, and other. Furthermore, hospitals, ambulatory surgery centers, rehabilitation centers, and other are the splits of the end-user segment. Hospitals held the largest revenue share (%) in 2021, and it is anticipated that they would continue to dominate the market for healthcare robots over the forecast period of 2020 to 2027. The segmental market value is mostly increasing due to the existence of advantageous infrastructure and specialists in hospitals for the operation of robots.
Global Healthcare Robots Market Geographical Competition
The North America, Europe, Latin America, Asian-Pacific, and the Middle East & Africa regions make up the five geographical segments of the global healthcare robots market. With a significant revenue share (%) in 2019, the region is dominating the market, and it is expected that this dominance will continue from 2020 to 2027. The region's well-established healthcare infrastructure and patients who are more aware of the benefits of cutting-edge technologies are boosting the region's market value. Due to its highly established healthcare system, the US contributes the largest revenue share to the regional market. The expansion of the regional market is primarily being supported by the increasing healthcare IT infrastructure in developing nations. Growth in the area is anticipated to be fueled by rising disposable income, which is also improving peoples' purchasing power.
Global Healthcare Robots Industry Segment Analysis
Healthcare Robots Market By Product
· Surgical Robots
· Non-Invasive Radiosurgery Robots
· Telemedicine Robots
· Rehabilitation Robots
· Robotic Catheters
· Pharmacy and Hospital Automation Robots
Healthcare Robots Market By Components
· Locomotion Systems
· Power Resources
· Safety Systems
· Software Products
· User Interface
· Visualization Systems
Healthcare Robots Market By Application
· Cardiology Applications
· Laparoscopic Applications
· Neurology Applications
· Orthopedic Applications
· Other
Healthcare Robots Market By End-User
· Hospitals
· Ambulatory Surgery Centers
· Rehabilitation Centers
· Other
Healthcare Robots Market Leading Companies
This section of the study honors the market's top vendors Aurora Biomed Inc, Accuray Inc, Biotek Instruments Inc., Hocoma AG, Hansen Medical Inc, Ekso Bionics Holdings Inc, Intuitive Surgical Inc, Kirby Lester Llc, Irobot Corporation, Mazor Robotics Ltd, MAKO Surgical Corp, Titan Medical Inc, Roche Holding AG, Varian Medical Systems, and ZOLL Medical Corp.
Healthcare Robots Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa