Medical Robotic Systems Market Analysis By Product (Surgical, Orthopedic, Laparoscopy, Neurological, Rehabilitation, Assistive, Prosthetics, Orthotics, Steerable, Therapeutic, Exoskeleton, Non-Invasive, Hospital/Pharmacy, Telemedicine, I.V, Pharmacy, Emergency Response Robotic Systems) And Segment Forecasts To 2020

Published: Aug, 2014 | Pages: 95 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global market for medical robotic systems is expected to reach USD 17,901.5 million by 2020, growing at an estimated CAGR of 12.7% from 2014 to 2020. Growing market penetration for healthcare IT is one of the most significant growth drivers for this market. In addition, introduction of advanced technologies such as capsule robot system, software/applications and imaging system, increasing geriatric population base and increasing per capita healthcare expenditure are also expected to boost market growth during the forecast period. Growing geriatric population base is expected to increase the demand for minimally invasive robotic surgeries owing to the fact that old age increases the susceptibility towards disorders such as orthopedics, neurological and others. Presence of untapped growth opportunities in emerging countries such as India, Brazil and China is expected to serve this market as a future growth opportunity.

Surgical robots dominated the overall market in terms of shares at over 65.0% in 2013 majorly owing to their high usage and market penetration rates and the presence of a relatively larger number of R&D programs aimed at new product development. However, the hospital and pharmacy robots are expected to be the fastest growing market segment, at a CAGR of over 16.0% from 2014 to 2020 due to increasing demand for population based therapeutic solutions and increasing demand for telemedicine robots.

Further key findings from the study suggest:

Laparoscopy is one of the largest application segments of this market and accounted for a share of over 35.0% in 2013. Growing demand for minimally invasive surgeries and the introduction of advanced robotic systems such as Da Vinci Robotic Surgery Systems are some of the factors accounting for its large share.
Neurology is one of the fastest growing application segments and is estimated to grow at a CAGR over 15.0% during the forecast period owing to increasing prevalence of neurological disorders such as strokes, neurodegenerative disorders, epilepsy, chronic migraine and others and growing physician adoption rates of innovative technologies.
North America was the largest regional market in 2013 and accounted for over 48.0% of global demand. Presence of sophisticated healthcare infrastructure, high patient awareness levels, healthcare expenditure and market penetration rates of healthcare IT are some of the drivers of this market.
Asia Pacific is expected to be the fastest regional market, at an estimated CAGR of over 15.0% from 2014 to 2020. Rise in healthcare investment, growing patient awareness and disposable income levels, rapid development in rural healthcare services and the presence of high unmet medical needs are some of the factors attributing to the rapid growth for medical robotics in the region.
Key players of this market include iRobot Corporation, Medrobotics Corporation, Titan Medical Inc., Hansen Medical, Inc., Renishaw Plc, Health Robotics S.R.L., Or Productivity Plc., Intuitive Surgical Inc., Mazor Robotics Ltd., Accuray, Inc., MAKO Surgical Corp., Varian Medical Systems and Stereotaxis, Inc.
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For the purpose of this study, Grand View Research has segmented the medical robotic systems market on the basis of product, application and region:

     Medical Robotic Systems Product Outlook
             Surgical Robots
                     Orthopedic Surgical Robots
                     Neurosurgical Robotic Systems
                     Laparoscopy Robotic Systems
                     Steerable Robotic Catheters:
             Rehabilitation Robots
                     Assistive Robots 
                     Prosthetics 
                     Orthotics
                     Therapeutic Robots
                     Exoskeleton Robotic Systems
             Noninvasive Radiosurgery Robots
                     TrueBeam STx Radiosurgery System
                     CyberKnife Robotic Radiosurgery System
                     Gamma Knife Perfexion Radiosurgery System
             Hospital and Pharmacy Robots
                     Telemedicine Robots
                     I.V. Robots 
                     Pharmacy Robots
                     Cart transportation robots
             Emergency Response Robots
                     LS-1 Robotic System
                     Auto Pulse Plus Robotic System
     Medical Robotic Systems Application Outlook 
             Neurology 
                     Pathfinder Surgical System
                     Neuromate Surgical System
                     Renaissance Surgical System
             Orthopedics
                     iBlock Surgical System
                     Robodoc Surgical System
                     Navio PFS Surgical System
                     MAKO RIO Surgical System
                     Stanmore Sculptor Surgical System
             Laparoscopy 
                     FreeHand Endoscope Holder System
                     Da Vinci Robotic Surgery System
                     Telelap ALF-X Surgical System
             Special Education
     Medical Robotic Systems Regional Outlook 
             North America
             Europe
             Asia Pacific
             RoW

 Table of Contents


Chapter 1.   Executive Summary

                1.1.  Medical Robotic Systems - Industry Summary and Critical Success Factors (CSFs)

Chapter 2.   Medical Robotic Systems Industry Outlook

                2.1.  Market Segmentation

                2.2.  Market Size and Growth Prospects

                2.3.  Medical Robotic Systems Market Dynamics

                    2.3.1.  Market Driver Analysis

                    2.3.2.  Market Restraint Analysis

                2.4.  Key Opportunities Prioritized

                2.5.  Industry Analysis - Porter's

                2.6.  Medical Robotic Systems - Company Market Share Analysis

                2.7.  Medical Robotic Systems Market PESTEL Analysis, 2012

Chapter 3.   Medical Robotic Systems Product Outlook

                3.1.  Surgical Robot

                    3.1.1.  Surgical Robot Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.1.2.  Orthopedic Surgical Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.1.3.  Neurosurgical Robotic Systems Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.1.4.  Laparoscopy Robotic Systems Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.1.5.  Steerable Robotic Catheters Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                3.2.  Rehabilitation Robots

                    3.2.1.  Rehabilitation Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.2.2.  Assistive Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.2.3.  Prosthetics Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.2.4.  Orthotics Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.2.5.  Therapeutic Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.2.6.  Exoskeleton Robotic Systems Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                3.3.  Noninvasive Radiosurgery Robots

                    3.3.1.  Noninvasive Radiosurgery Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.3.2.  TrueBeam STx radiosurgery system Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.3.3.  CyberKnife robotic radiosurgery system Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                3.4.  Hospital and Pharmacy Robots

                    3.4.1.  Hospital and Pharmacy Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.4.2.  Telemedicine Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.4.3.I.  V. Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.4.4.  Pharmacy Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.4.5.  Cart Transportation Robots Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                3.5.  Emergency response robotic systems

                    3.5.1.  LS-1 robotic system Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                    3.5.2.  Auto Pulse Plus robotic system Market Estimates and Forecasts, 2012 - 2020 (USD Million)

Chapter 4.   Medical Robotic Systems Application Outlook        

                4.1.  Neurology

                    4.1.1.  Neurology Application Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                4.2.  Orthopedics

                    4.2.1.  Orthopedics Application Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                4.3.  Laparoscopy

                    4.3.1.  Laparoscopy Application Market Estimates and Forecasts, 2012 - 2020 (USD Million)

                4.4.  Special Education

                    4.4.1.  Special Education Application Market Estimates and Forecasts, 2012 - 2020 (USD Million)

Chapter 5.   Medical Robotic Systems Regional Outlook

                5.1.  North America

                    5.1.1.  Market Estimates and Forecasts, by Product, 2012 - 2020 (USD Million)

                    5.1.2.  Market Estimates and Forecasts, by Application, 2012 - 2020 (USD Million)

                5.2.  Europe

                    5.2.1.  Market Estimates and Forecasts, by Product, 2012 - 2020 (USD Million)

                    5.2.2.  Market Estimates and Forecasts, by Application, 2012 - 2020 (USD Million)

                5.3.  Asia Pacific

                    5.3.1.  Market Estimates and Forecasts, by Product, 2012 - 2020 (USD Million)

                    5.3.2.  Market Estimates and Forecasts, by Application, 2012 - 2020 (USD Million)

                5.4.  RoW

                    5.4.1.  Market Estimates and Forecasts, by Product, 2012 - 2020 (USD Million)

                    5.4.2.  Market Estimates and Forecasts, by Application, 2012 - 2020 (USD Million)

Chapter 6.   Competitive Landscape                                                           

                6.1 iRobot Corporation

                    6.1.1 Company Overview

                    6.1.2 Financial Performance

                    6.1.3 Product Benchmarking

                    6.1.4 Strategic Initiatives

                6.2 Medrobotics Corporation

                    6.2.1 Company Overview

                    6.2.2 Financial Performance

                    6.2.3 Product Benchmarking

                    6.2.4 Strategic Initiatives

                6.3 Titan Medical Inc.

                    6.3.1 Company Overview

                    6.3.2 Financial Performance

                    6.3.3 Product Benchmarking

                    6.3.4 Strategic Initiatives

                6.4 Hansen Medical, Inc.

                    6.4.1 Company Overview

                    6.4.2 Financial Performance

                    6.4.3 Product Benchmarking

                    6.4.4 Strategic Initiatives

                6.5  Renishaw Plc

                    6.5.1 Company Overview

                    6.5.2 Financial Performance

                    6.5.3 Product Benchmarking

                    6.5.4 Strategic Initiatives

                6.6 Health Robotics S.R.L

                    6.6.1 Company Overview

                    6.6.2 Financial Performance

                    6.6.3 Product Benchmarking

                    6.6.4 Strategic Initiatives

                6.7 Or Productivity Plc

                    6.7.1 Company Overview

                    6.7.2 Financial Performance

                    6.7.3 Product Benchmarking

                    6.7.4 Strategic Initiatives

                6.8 Intuitive Surgical Inc.

                    6.8.1 Company Overview

                    6.8.2 Financial Performance

                    6.8.3 Product Benchmarking

                    6.8.4 Strategic Initiatives

                6.9 Mazor Robotics Ltd.

                    6.9.1 Company Overview

                    6.9.2 Financial Performance

                    6.9.3 Product Benchmarking

                    6.9.4 Strategic Initiatives

                6.10 Accuray Inc.

                    6.10.1 Company Overview

                    6.10.2 Financial Performance

                    6.10.3 Product Benchmarking

                    6.10.4 Strategic Initiatives

                6.11 Mako Surgical Corp.

                    6.11.1 Company Overview

                    6.11.2 Financial Performance

                    6.11.3 Product Benchmarking

                    6.11.4 Strategic Initiatives

                6.12 Varian Medical Systems

                    6.12.1 Company Overview

                    6.12.2 Financial Performance

                    6.12.3 Product Benchmarking

                    6.12.4 Strategic Initiatives

                6.13 Stereotaxis, Inc.

                    6.13.1 Company Overview

                    6.13.2 Financial Performance

                    6.13.3 Product Benchmarking

                    6.13.4 Strategic Initiatives      

Chapter 7.   Methodology and Scope                                  

                7.1.  Research Methodology                                            

                7.2.  Research Scope & Assumption                                           

                7.3.  List of Data Sources


List of Tables

1. Medical Robotic Systems- Industry summary &Critical Success Factors (CSFs)
2. Global Medical Robotic Systems revenue, 2012 - 2020
3. Global Medical Robotic Systems market revenue by region, 2012 - 2020 (USD million)
4. Global Medical Robotic Systems market revenue by segments, 2012 - 2020 (USD million)
5. Global Surgical Robots market, 2012 to 2020 (USD million)
6. Global Orthopedic Surgical Robots market, 2012 to 2020 (USD million)
7. Global Neurosurgical Robotic Systems market, 2012 to 2020 (USD million)
8. Global Laparoscopy Robotic Systems market, 2012 to 2020 (USD million)
9. Global Steerable Robotic Catheters market, 2012 to 2020 (USD million)
10. Global Rehabilitation Robots market, 2012 to 2020 (USD million)
11. Global Assistive Robots market, 2012 to 2020 (USD million)
12. Global Prosthetics market, 2012 to 2020 (USD million)
13. Global Orthotics market, 2012 to 2020 (USD million)
14. Global Therapeutic Robots market, 2012 to 2020 (USD million)
15. Global Exoskeleton Robotic Systems market, 2012 to 2020 (USD million)
16. Global Noninvasive Radio surgery Robots market, 2012 to 2020 (USD million)
17. Global Hospital and Pharmacy Robots market, 2012 to 2020 (USD million)
18. Global Telemedicine Robots market, 2012 to 2020 (USD million)
19. Global I.V. Robots market, 2012 to 2020 (USD million)
20. Global Pharmacy Robots market, 2012 to 2020 (USD million)
21. Global Medical Robotic Systems market revenue by applications, 2012 - 2020 (USD million)
22. Global Medical Robotic Systems for Neurology market, 2012 to 2020 (USD million)
23. Global Medical Robotic Systems for Orthopedics market, 2012 to 2020 (USD million)
24. Global Medical Robotic Systems for Laparoscopy market, 2012 to 2020 (USD million)
25. Global Medical Robotic System for Special Education market, 2012 to 2020 (USD million)
26. Global Medical Robotic Systems market, by region, 2012 to 2020 (USD million)
27. North America Medical Robotic Systems demand, by segments, 2012 - 2020 (USD million)
28. North America Medical Robotic Systems demand, by applications, 2012 - 2020 (USD million)
29. Europe Medical Robotic Systems demand, by segments, 2012 - 2020 (USD million)
30. Europe Medical Robotic Systems demand, by applications, 2012 - 2020 (USD million)
31. Asia Pacific Medical Robotic Systems demand, by segments, 2012 - 2020 (USD million)
32. Asia Pacific Medical Robotic Systems demand, by applications, 2012 - 2020 (USD million)
33. RoW Medical Robotic Systems demand, by segments, 2012 - 2020 (USD million)
34. RoW Medical Robotic Systems demand, by applications, 2012 - 2020 (USD million)
35. Global Medical Robotic Systems Market - Competitive Landscape


List of Figures

1. Medical Robotic Systems Market Segmentation
2. Global Medical Robotic Systems Market Revenue, 2012 - 2020
3. Medical Robotic Systems Market Dynamics
4. Medical Robotic Systems Company Market Share Analysis, 2012
5. Key Opportunities Prioritized
6. Industry Analysis - Porter's
7. Medical Robotic Systems PESTEL Analysis, 2012
8. Global Medical Robotic Systems market, by segments, 2012 - 2020 (USD million)
9. Global Surgical Robots market, by region, 2012 - 2020 (USD million)
10. Global Orthopedic Surgical Robots market, by region, 2012 - 2020 (USD million)
11. Global Neurosurgical Robotic Systems market, by region, 2012 - 2020 (USD million)
12. Global Laparoscopy Robotic Systems market, by region, 2012 - 2020 (USD million)
13. Global Steerable Robotic Catheters market, by region, 2012 - 2020 (USD million)
14. Global Rehabilitation Robots market, by region, 2012 - 2020 (USD million)
15. Global Assistive Robots market, by region, 2012 - 2020 (USD million)
16. Global Prosthetics market, by region, 2012 - 2020 (USD million)
17. Global Orthotics market, by region, 2012 - 2020 (USD million)
18. Global Therapeutic Robots market, by region, 2012 - 2020 (USD million)
19. Global Exoskeleton Robotic Systems market, by region, 2012 - 2020 (USD million)
20. Global Noninvasive Radio surgery Robots market, by region, 2012 - 2020 (USD million)
21. Global Hospital and Pharmacy Robots market, by region, 2012 - 2020 (USD million)
22. Global Telemedicine Robots market, by region, 2012 - 2020 (USD million)
23. Global I.V. Robots market, by region, 2012 - 2020 (USD million)
24. Global Pharmacy Robots market, by region, 2012 - 2020 (USD million)
25. Global Medical Robotic Systems market, by applications, 2012 - 2020 (USD million)
26. Global Medical Robotic Systems for Neurology market, by region, 2012 - 2020 (USD million)
27. Global Medical Robotic Systems for Orthopedics market, by region, 2012 - 2020 (USD million)
28. Global Medical Robotic Systems for Laparoscopy market, by region, 2012 - 2020 (USD million)
29. Global Medical Robotic Systems for Special Education market, by region, 2012 - 2020 (USD million) 
30. Global Medical Robotic Systems market, by region, (USD million), 2012 - 2020
31. Medical Robotic Systems market - company market share analysis, 2013 (%)