A Tremendously Growing Number of Medical Robots is driving the growth of the Global Robotics Market

Published: Jul 2022

The global robotics market is anticipated to grow at a CAGR of 18.1 % during the forecast period. Medical robots assist with surgeries, streamline clinical workflow and hospital logistics, and enhance patient care and workplace safety. According to the International Federation of Robotics, the sales of medical robotics account for 55% in 2020 mainly driven by robotic surgery devices. The turnover increased by 11% to 3.6 billion USD which has positively impacted the market growth. The growing number of medical robots for rehabilitation and non-invasive therapy is accelerating the robotics market during the forecast period. For instance, in November 2021, Max Super Specialty Hospital, Patparganj, and Shalimar Bagh launched Da Vinci Xi Surgical Robot at the hospitals for performing robotic-assisted minimally invasive surgeries.

Browse the full report description of “Robotics Market Size, Share & Trends Analysis Report by Type (Industrial Robots and Service Robots), By Application (Handling, Welding & Soldering, Assembling & Disassembling, Dispensing, Processing, and Others), and by End-Users (Manufacturing, Food & Beverage, Aerospace, Healthcare, Logistics, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/robotics-market

The launches and development by players are further boosting market growth. For instance, in May 2022, Medical Micro instruments (MMI) SpA announced the launch of its Symani Surgical System Simulator developed by VirtaMed. The simulator will improve, expand, and digitize the pathways for Symani training to expand their microsurgical skills through robotics. For instance, in January 2021, Medical robotic technology firm SS Innovations launched its SSI multi-arm novel telerobotic assistance surgical system. The company stated that robotics shall be the future of surgery, and the company’s vision is to create a technologically advanced system that will be cost-effective, easy to use and can be applied to all surgical specialties. Thus, benefiting most patients across the globe.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Application

o By End-Users

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including ABB Group, Autonox Robotics Gmbh, AV&R, Bastain Solutions LLC, Bosch Rexroth AG, Denso Corp., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Robotics Market Report Segment

By Type

  • Industrial Robots
  • Articulates
  • SCARA
  • Cartesian
  • Collaborative
  • Others (Parallel)

Service Robots

  • Logistics
  • Medical
  • Domestics
  • Others (Security, Rescue)

By Application

  • Handling
  • Welding & Soldering
  • Assembling & Disassembling
  • Dispensing
  • Processing
  • Others (Inspections & Quality Testing and Die Casting & Molding)

By End-Users

  • Manufacturing
  • Food & Beverage
  • Aerospace
  • Healthcare
  • Logistics
  • Others (Military & Defense)

Global Robotics Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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