Global healthcare robotics market expected to reach over US $7 billion by 2019, says Technavio

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This market research report presents forecast based on components and accessories, services, and robotic surgical systems. Market shares for APAC, Americas, and EMEA is also included in this report. The leading vendors analyzed include Elekta, Intuitive Surgical, Mazor Robotics, Qiagen, and Varian Medical Systems.

Technavio’s market research analysts estimate the global healthcare robotics market to grow at a CAGR of around 13% between 2015 and 2019. Growing economies in the APAC region such as China, India, and South Korea are increasingly adopting healthcare robots in hospitals and rehabilitation centers. Governments of China, India, and South Korea are investing in healthcare robots to perform critical neurosurgery procedures. It offers precise and mathematically correct trajectory to the destination in the human brain.

The new market research report from Technavio provides a breakdown and analysis of the healthcare robotics segments by technology.

“Most healthcare centers are investing in robots to minimise the high-cost manual labour and for greater flexibility of the healthcare functioning. Healthcare institutions are investing in automatic guided vehicles for transporting patient needs such as delivering meals, linens, nursing supplies, packages, sterile items, oxygen and gases, and pick-up trash. Also, surgical robots are gaining prominence among doctors. These robots assist doctors in complicated and difficult operation procedures,” says Navin Rajendra, Lead Analyst, Industrial Automation, Technavio Research.

Rehabilitations robots are finding widespread utility in the healthcare robotics domain, and is expected to grow at a CAGR of around 25% during the forecast period. Rehabilitation robotics market consists of prosthetic robotics, exoskeleton robotic system, orthotic robotics, and therapeutic robotics.

Global rehabilitation robots market $ billion)

Source: Technavio Research

The leading vendors in the global healthcare robotics market are Elekta, Intuitive Surgical, Mazor Robotics, Qiagen, and Varian Medical Systems. Healthcare robot manufacturers are less dependent on suppliers and hence manufacturing and designing are carried out by the vendors themselves.

A more detailed analysis is available in the Technavio report, Global Healthcare Robotics Market 2015-2019.

We can customize reports by other regions and specific segments upon request.

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