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
Service Robots
By Application
By End-Users
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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