North America Medical Robots Market by Product (Surgical Robots, Rehabilitation Robotic Systems, Non-invasive Radiosurgery Robotic systems, Hospital and Pharmacy Robotic Systems and other Robotic Systems), by Application (Laparoscopy, Orthopaedics, Neurology, Special Education and other Applications), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

North America Medical Robots Market by Product (Surgical Robots, Rehabilitation Robotic Systems, Non-invasive Radiosurgery Robotic systems, Hospital and Pharmacy Robotic Systems and other Robotic Systems), by Application (Laparoscopy, Orthopaedics, Neurology, Special Education and other Applications), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

ID: 1886 | Pages: 132 | April 2017 | Region: North America


The North America Medical Robots Market is expected to reach USD 4.62 billion by 2021 from USD 1.86 billion in 2016, growing at a CAGR of 19.91%. The Medical Robots market is forecasted to show evident potential in the mentioned period. The market continues to build momentum with the increase in technological advancements in the field of pharma and healthcare, as a result of which the doctors are able to treat patients with such ailments which can’t be cured as effectively by a human surgeon. Therefore, more and more companies have shown interest in this market recently.

Medical Robots are the robots which are used in medical sciences. These robots are of various types including surgical robots and others. Medical robots assist in carrying out tasks with more precision than any unaided human surgeon or even provide the option of remote surgery in cases of unavailability of human surgeon.

The advancements in technological for the healthcare field have been one of the key factors driving the market for Medical Robots. Apart from this, other major factors contributing to the growth of the market include Issuance of Ipos by Medical Robots companies, increase in funding for Medical Robots research, growing hospital investments in Medical Robots and the advantages offered by Robot-Assisted Training in Rehabilitation Therapy. Further, there are few restraints and challenges faced by the market as well. The major ones are high cost of Robotic Systems with unjustified cost benefits of Robotic Surgeries and safety concerns over Robotic Surgery Devices.

The Medical Robots Market has been segmented based on Product and Applications. On the basis of Product, the segments are surgical robots, Non-invasive Radiosurgery Robotic systems, Rehabilitation Robotic Systems, Pharmacy and Hospital Robotic Systems and others. The surgical robots are further fragmented into Laparoscopy Robotic Systems, Neurosurgical Robotic Systems, Orthopaedic Robotic Systems, and steerable Robotic Systems. Further, for Rehabilitation Robotic systems the sub segments include Therapeutic Robotic Systems, Prosthetic Robotic systems, Assistive Robotic Systems, Exoskeleton Robotic Systems, Orthotic Robotic Systems and for Hospital and Pharmacy Robotic Systems the sub segments are Pharmacy Robotic Systems, Telemedicine Robots and IV Robotic Systems. On the basis of Application, the market has been segmented into Laparoscopy, Neurology, Orthopaedics, Special Education and others. Though neurology is predicted to have the highest CAGR but Laparoscopy is still expected to dominate the market share. Based on geographical analysis, the market is analysed under two countries namely United States and Canada.

Some of the major companies holding the larger share of the market include Intuitive Surgical Inc., Hocoma AG, Hansen Medical Inc, Mazor Robotics Ltd, Accuray Incorporated, Arxium, Stryker Corporation, EKSO Bionics Holdings Inc., Omnicell Inc., Kirby Lester LLC.

1.Introduction                                                                  

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                              

                5.1 Product                                                        

                                5.1.1 Introduction                                           

                                5.1.2 Surgical Robots                                      

                                                5.1.2.1 Laparoscopy Robotic Systems                     

                                                5.1.2.2 Orthopaedic Robotic Systems                     

                                                5.1.2.3 Neurosurgical Robotic Systems                  

                                                5.1.2.4 Steerable Robotic Systems                           

                                5.1.3 Rehabilitation Robotic Systems                                      

                                                5.1.3.1 Therapeutic Robotic Systems                      

                                                5.1.3.2 Assisstive Robotic Systems                           

                                                5.1.3.3 Prosthetic Robotic Systems                          

                                                5.1.3.4 Orthotic Robotic Systems                              

                                                5.1.3.5 Exoskeleton Robotic Systems                     

                                5.1.4 Non-Invasive Radiosurgery Robotic Sytems                                             

                                5.1.5 Hospital & Pharmacy Robotic Systems                                        

                                                5.1.5.1 Pharmacy Robotic Systems                          

                                                5.1.5.2 IV Robotic Systems                          

                                                5.1.5.3 Tekemedicine Robots                     

                                5.1.6 other Robotic Systems                                       

                                5.1.7  Y-o-Y Growth Analysis, By Product                                              

                                5.1.8  Market Attractiveness Analysis, By Product                                            

                                5.1.9  Market Share Analysis, By Product                                              

                5.2 Application                                                 

                                5.2.1 Introduction                                           

                                5.2.2 Laparoscopy                                           

                                5.2.3 Orthpaedics                                            

                                5.2.4 Neurology                                               

                                5.2.5 Special Education                                 

                                5.2.6 Other Applications                                               

                                5.2.7 Y-o-Y Growth Analysis, By Application                                         

                                5.2.8  Market Attractiveness Analysis, By Application                                      

                                5.2.9  Market Share Analysis, By Application                                       

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Product                           

                                                6.1.3.3 By Application                    

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Product                           

                                                6.1.4.3 By Application                    

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Product                           

                                                6.1.5.3 By Application                    

                6.2 United States                                                            

                6.3 Canada                                                         

7.Strategic Analysis                                                                        

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8.Market Leaders' Analysis                                                                         

                8.1 Intuitive Surgical Inc.                                                              

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Stryker Corporation                                                

                8.3 Hocoma AG                                                

                8.4 Mazor Robotics Ltd.                                                

                8.5 Hansen Medical Inc.                                                               

                8.6 Accuray Incorporated                                                            

                8.7 Omnicell Inc.                                                              

                8.8 Arxium                                                         

                8.9 EKSO Bionics Holdings Inc.                                                    

                8.10 Kirby Lester LLC                                                      

9.Competitive Landscape                                                                            

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10.Market Outlook and Investment Opportunities                                                                          

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. North America Medical Robots Market By Product, From 2016-2021 ( USD Million )
  2. North America Surgical Robots Market By Region, From 2016-2021 ( USD Million )
  3. North America Rehabilitaion Robotic Systems Market By Region, From 2016-2021 ( USD Million )
  4. North America Non-invasive Radiosurgery Robotics systems Market By Region, From 2016-2021 ( USD Million )
  5. North America Hospital & Pharmacy Robotic Systems Market By Region, From 2016-2021 ( USD Million )
  6. North America other Robotic Systems Market By Region, From 2016-2021 ( USD Million )
  7. North America Medical Robots Market By Application, From 2016-2021 ( USD Million )
  8. North America Laparoscopy Market By Region, From 2016-2021 ( USD Million )
  9. North America Orthopaedics Market By Region, From 2016-2021 ( USD Million )
  10. North America Neurology Market By Region, From 2016-2021 ( USD Million )
  11. North America Special Education Market By Region, From 2016-2021 ( USD Million )
  12. North America other Applications Market By Region, From 2016-2021 ( USD Million )
  13. United States Medical Robots Market By Product, From 2016-2021 ( USD Million )
  14. United States Medical Robots Market By Application, From 2016-2021 ( USD Million )
  15. Canada Medical Robots Market By Product, From 2016-2021 ( USD Million )
  16. Canada Medical Robots Market By Application, From 2016-2021 ( USD Million )
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