Asia-Pacific 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 2018-2023

Asia-Pacific 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 2018-2023

ID: 1888 | Pages: 145 | October 2018 | Region: Asia Pacific


Asia-Pacific Medical Robots Market has been estimated at USD 1.29  Billion in 2018 and is projected to reach USD 3.68 Billion by 2023, at a CAGR of 23.32% during the forecast period from 2018 to 2023. The Medical Robots market is showcasing significant potential over the mentioned forecast period. The market continues to grow with increasing advancements in technology in the field of pharma and healthcare, which helps the doctors in treating patients with ailments which generally are hard to be treated as effectively as by a human surgeon. Hence, increasing number of companies have been gaining interest in the market lately.

Medical Robots are basically the robots used for medical sciences. There are various kinds of medical robots like surgical robots and others. Medical robots help in carrying out tasks with higher precision compared to an unaided human surgeon or provide the alternative of remote surgery in case of unavailability of human surgeon.

The technological advancements in healthcare is one of the key factors responsible for driving the Medical Robots market. Further, other factors contributing to the growth of the market include Increase in funding for Medical Robots research, growing hospital investments in Medical Robots, Issuance of Ipos by Medical Robots companies and the advantages offered by Robot-Assisted Training in Rehabilitation Therapy. Besides drivers, there are some restraints and challenges faced by the market as well. The major ones include, 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 segmentation is done as Rehabilitation Robotic Systems, surgical robots, Hospital and Pharmacy Robotic Systems, Non-invasive Radiosurgery Robotic systems and others. The surgical robots are further fragmented into Laparoscopy Robotic Systems, Neurosurgical Robotic Systems, Orthopaedic Robotic Systems and steerable Robotic Systems. Similarly, based on Rehabilitation Robotic systems the sub segments are Therapeutic Robotic Systems, Prosthetic Robotic systems, Assistive Robotic Systems, Orthotic Robotic Systems, Exoskeleton Robotic Systems and in Hospital and Pharmacy Robotic Systems the sub segments include IV Robotic Systems, Pharmacy Robotic Systems, and Telemedicine Robots. Based on Application the market is segmented into Laparoscopy, Orthopaedics, Neurology, Special Education and other Applications. Although neurology is expected to have highest CAGR but Laparoscopy is still predicted to lead the market share. On the basis of geography, the market is analysed under various countries namely China, India, Japan, Australia and South Korea.

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

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 China                                             

                6.3 India                                              

                6.4 Japan                                            

                6.5 South Korea                                               

                6.6 Australia                                      

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. Asia-Pacific Medical Robots Market By Product, From 2016-2021 ( USD billion)
  2. Asia-Pacific Surgical Robots Market By Region, From 2016-2021 ( USD billion)
  3. Asia-Pacific Rehabilitaion Robotic Systems Market By Region, From 2016-2021 ( USD billion)
  4. Asia-Pacific Non-invasive Radiosurgery Robotics systems Market By Region, From 2016-2021 ( USD billion)
  5. Asia-Pacific Hospital & Pharmacy Robotic Systems Market By Region, From 2016-2021 ( USD billion)
  6. Asia-Pacific other Robotic Systems Market By Region, From 2016-2021 ( USD billion)
  7. Asia-Pacific Medical Robots Market By Application, From 2016-2021 ( USD billion)
  8. Asia-Pacific Laparoscopy Market By Region, From 2016-2021 ( USD billion)
  9. Asia-Pacific Orthopaedics Market By Region, From 2016-2021 ( USD billion)
  10. Asia-Pacific Neurology Market By Region, From 2016-2021 ( USD billion)
  11. Asia-Pacific Special Education Market By Region, From 2016-2021 ( USD billion)
  12. Asia-Pacific other Applications Market By Region, From 2016-2021 ( USD billion)
  13. Japan Medical Robots Market By Product, From 2016-2021 ( USD billion)
  14. Japan Medical Robots Market By Application, From 2016-2021 ( USD billion)
  15. China Medical Robots Market By Product, From 2016-2021 ( USD billion)
  16. China Medical Robots Market By Application, From 2016-2021 ( USD billion)
  17. India Medical Robots Market By Product, From 2016-2021 ( USD billion)
  18. India Medical Robots Market By Application, From 2016-2021 ( USD billion)
  19. Australia Medical Robots Market By Product, From 2016-2021 ( USD billion)
  20. Australia Medical Robots Market By Application, From 2016-2021 ( USD billion)
  21. South Korea Medical Robots Market By Product, From 2016-2021 ( USD billion)
  22. South Korea Medical Robots Market By Application, From 2016-2021 ( USD billion)
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