Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Global Healthcare Robotics Market to Reach $11.44 Billion by 2023

This image opens in the lightbox

News provided by

BIS Research

23 Jan, 2019, 12:00 GMT

Share this article

Share toX

Share this article

Share toX

FREMONT, California, January 23, 2019 /PRNewswire/ --

According to a new market intelligence report by BIS Research, titled "Global Healthcare Robotics Market - Analysis and Forecast, 2018-2023", the global healthcare robotics market was valued at $5.40 billion in 2017 and is estimated to reach $11.44 billion by 2025. The global healthcare robotics market is expected to witness a growth rate of 12.64%, during the forecast period from 2018 to 2023. The growth of the market is aided by the impressive increase of healthcare budgetary allocation by government and private institutes and technological advancements in the robotics industry.

     (Logo: http://mma.prnewswire.com/media/495163/BIS_Research_Logo.jpg )

Browse 04 market Data Tables and 166 Figures spread through 203 Pages and in-depth TOC on 'Global Healthcare Robotics Market'

In 2017, the total number of cases registered due to the adverse effects of medical treatment were around 34.9 million. Diagnostic and surgical errors have witnessed higher incidence as compared to other types of malpractice. Medical errors by practitioners have been identified as the unintended act and to reduce these kinds of errors, the robotics application has been adopted.  Robot-assisted surgical procedures are performed to minimize the risk of errors and to improve the precision and accuracy of the surgical procedures. Other than surgical robotics, healthcare robotics comprises rehabilitation robotics, diagnostic robotics, and radiotherapy robotics.

Rehabilitation robots are expected to witness the highest CAGR in the forecast period. The healthcare robotics market is growing exponentially due to support of the government in increasing the funding for healthcare robotic research, growing investment from hospitals in healthcare robotics, and rising technological advancements in the healthcare robotics industry. There are factors that are also hindering the growth of this market which includes, the shortage of skilled professionals and high cost associated with the robotic platform, among others.

According to Pushplata Patel, Lead Analyst at BIS Research "North America is currently the leading contributor to the global healthcare robotics market. The North America healthcare robotics market was valued at $3.51 billion in 2017. Factors, such as increasing cases of chronic diseases, aging populations, and established healthcare infrastructure are driving the growth of the healthcare robotics market in North America. However, the Europe region is expected to grow at an impressive growth rate, during the forecast period from 2018 to 2023.

BIS Research: https://bisresearch.com/industry-report/healthcare-robotics-market.html

Research Highlights:  

  • Surgical robots increase the accuracy of surgeons while reducing the risk to the patients. Through non-invasive surgical robots, performing critical surgeries with minimal incision and high accuracy becomes easier.
  • Based on product types, instruments and accessories contributed to the highest market share in the global healthcare robotics market in 2017. However, robotic systems are expected to witness the highest growth rate, during the forecast period.
  • There are several healthcare robots currently in the developing stages that are expected to be launched in the upcoming years. Considerable investments from government and non-government organizations along with an increase in funding activities are expected to facilitate the growth of the global healthcare robotics market.
  • Based on application, surgical robotics contributed to the highest market share of approximately 71% in 2017, whereas rehabilitation robots are expected to witness a much higher growth rate as compared to surgical robots.

Source: BIS Research Analysis 

This market intelligence report provides a multidimensional view of the global healthcare robotics market in terms of market size and growth potential. This research report aims at answering various aspects of the global healthcare robotics market with the help of the key factors driving the market, threats that can possibly inhibit the overall growth of the market, and the current opportunities that are going to shape the future trajectory of the market expansion.

Request a sample: https://bisresearch.com/requestsample?id=646&type=download

Further, the competitive landscape chapter in the report explicates the competitive nature of the global market and enables the concerned readers to get acquainted with the recent market activities, such as product launches, regulatory clearance, and certifications, partnerships, collaborations, business expansions, as well as mergers and acquisitions, among others. The research report provides a comprehensive analysis of the product sales, and manufacturers, trend analysis by segments, and demand analysis by regions.

This report is a meticulous compilation of research on more than 70 players in the market ecosystem and draws upon insights from in-depth interviews with the key opinion leaders of more than 20 leading companies, market participants and vendors. The report also profiles 15 companies including several key players, such as Accuray Incorporated, Corindus Vascular Robotics, Inc., Intuitive Surgical Inc., ReWalk Robotics Ltd., Smith & Nephew plc, Stereotaxis, Inc., Stryker Corporation, Zimmer Biomet, Medtronic plc, Fujifilm Holdings Corporation, Auris Health, Inc., Endomaster Pte Ld., Hocoma AG, Restorative Therapies, Think Surgical, and Tyromotion GmbH.

Key questions answered in the report: 

  • What are the key features of the healthcare robotic technology promoting its incorporation in different applications?
  • What is the impact of the requirement of a skilled professional?
  • What would be the future of disruptive robotic technology in the market?
  • What is the scenario for established and non-established players?
  • What are key advantages of the robot-assisted surgical procedure over conventional surgical procedure?
  • How did the healthcare robotic market evolve and what is its scope in the future?
  • What are the major market drivers, challenges, and opportunities in the global healthcare robotics market?
  • What are the key developmental strategies which are implemented by the key players to stand out in this market?
  • What are the leading companies dominating the global healthcare robotics market?
  • Which surgical robotics application market would witness massive incorporation of the healthcare robotics in the forecast period?
  • What are investors' perceptions about the global healthcare robotics market? Also, who are leading stakeholders of the market holding a significant share in the market's intellectual property?
  • What are the key companies which made substantial investments to aid technological advancements in the market?
  • What are the regulations pertaining to the global healthcare robotics market? What are initiatives implemented by different government bodies to combat the growing prevalence of different types of diseases?
  • What was the market value of the leading segments and sub-segments of the global healthcare robotics market?
  • How each segment of the global healthcare robotics market is expected to grow during the forecast period, and how much revenue is expected from each of the segments by the end of 2023?
  • How is the industry expected to evolve during the forecast period 2018-2023?
  • Which region is likely to contribute to the highest sales of the global healthcare robotics market during the forecast period?    

Related Reports: 

Global Surgical Robotics Market - Analysis and Forecast, 2018-2025

Global Minimally Invasive Surgical Systems Market - Analysis and Forecast, 2018-2025

About BIS Research:  

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

What distinguishes BIS Research from the rest of the players is that we don't simply provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

Contact:
Bhavya Banga
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Email: media@bisresearch.com

Visit our Blog @ http://bisresearch.com/blog/

Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research

Connect with us on Twitter@ https://twitter.com/BISResearch

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.