The global medical robotics market size is estimated to grow from $ 10.1 billion in 2024 to $ 31.3 billion by 2035, at a CAGR of 10.8% during the forecast period, till 2035.

The global medical robot market growth is poised to garner a 12.9% CAGR through 2034. The global medical robot market size is set to reach a valuation of USD 38701.5 million in 2034. By the end of 2024, a valuation of USD 11502.4 million is anticipated in the industry owing to the sales of such robots. This advancement is primarily attributed to varied advances in robot assisted surgery.

In 2024, the global medical service robotics market generated a revenue of 11.2 billion U.S. dollars. The market was forecast to continue to grow and reach almost 21 billion U.S. dollars by 2028.

The Global Medical/Healthcare Robotics Systems Market is Segmented by Product Type (Surgical Robotic Systems, Rehabilitative Robotic Systems, Non-Invasive Radiosurgery Robots, Hospital, and Pharmacy Robotic Systems) and Geography. The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

According to Cognitive Market Research, the global medical robotics market size is USD 6281.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 16.20% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 2512.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 1884.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1444.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 314.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 125.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.9% from 2024 to 2031.
The surgical robots held the highest medical robotics market revenue share in 2024.

Market Dynamics of Medical Robotics Market

Key Drivers of Medical Robotics Market

Rising Adoption of Minimally Invasive Surgery (MIS) to Increase the Demand Globally

The market for medical robotics is expanding at a substantial rate due to the growing inclination towards minimally invasive surgery (MIS). Surgery that uses a range of methods, such as the use of medical robots to operate with less bodily damage than open surgery, is referred to as minimally invasive surgery. The number of minimally invasive surgeries is growing as a result of patients' growing preference for these procedures because of their reduced risk of postoperative discomfort and complications, shorter hospital stays, quicker recovery periods, and other advantages.

For instance, a study led by Johns Hopkins researchers and published in JAMA Surgery suggests that by substituting more minimally invasive procedures for open surgery when performing routine operations on the appendix, colon, and lungs, American hospitals could avoid thousands of post-surgical complications and save between $280 million and $340 million annually. In September 2023, 26.2 million minimally invasive and surgical procedures were performed in the United States, as reported by the American Society of Plastic Surgeons, a professional association for plastic surgeons based in the United States.

(Source: https://www.hopkinsmedicine.org/news/media/releases/use_of_minimally_invasive_surgery_could_lower_health_care_costs_by_hundreds_of_millions_a_year#:~:text=Results%20of%20the%20research%2C%20conducted,minimally%20invasive%20procedures%20instead%20of)

Rising Cases of Surgical Procedures to Propel Market Growth

Globally, the number of procedures that are performed is increasing. The past twenty-five years have seen a rise in the prevalence of cardiovascular disorders. Cardiovascular and general procedures are becoming more common in the area due to the increase in cases of diabetes and changes in lifestyle. Two of the main causes of death worldwide are diabetes and cancer. A study conducted in 2021 by the American Cancer Society (ACS) found that approximately 1.9 million new instances of cancer were identified in the US. Additionally, some 252,000 weight loss procedures were carried out in the US in 2019, per a data released by the American Society for Metabolic and Bariatric Surgery. Robotic surgery instruments are becoming more and more necessary as surgical operations increase in number. Consequently, there is a growing need for medical robots because to the startlingly high frequency of chronic illnesses and the growing number of surgical procedures.

Restraint Factors of Medical Robotics Market

High Cost Associated with Medical Robots to Limit the Sales

It is anticipated that high research and development costs, a lack of infrastructure, and the cost of robotically assisted treatments will limit market expansion. Furthermore, it is projected that the industry will face challenges as a result of limited adoption of technology, favorable reimbursement circumstances in developing nations, and high capital and maintenance costs associated with infrastructure in low- and middle-income nations. The cost of robotic surgery is highe...

The global medical robotic systems market size reached USD 22.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 95.7 Billion by 2033, exhibiting a growth rate (CAGR) of 16.53% during 2025-2033. Technological innovations, the rising demand for minimally invasive surgeries, the surging prevalence of chronic diseases, and investment in healthcare are primarily driving the market growth.

IMARC Group provides an analysis of the key trends in each segment of the global medical robotic systems market report, along with forecasts at the global, regional, and country level from 2025-2033. Our report has categorized the market based on product, deployment mode, and end user.

Healthcare Robotics Market is likely to grow at a CAGR of around 16.5% in the forecast years of 2021-26, says MarkNtel Advisors.

The size and share of the market is categorized based on Application (Cardiothoracic Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Gynecological Surgery, Cosmetic/Bariatric Surgery, Neurological Surgery, Urological Surgery) and Product (Minimally Invasive Medical Robotics, Imaging & Visualization Systems, Minimally Invasive Surgical Instruments) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The medical robots market size was valued at USD 16.39 billion in 2024 and is set to exceed USD 110.35 billion by 2037, registering over 15.8% CAGR during the forecast period i.e., between 2025-2037. Asia Pacific industry is predicted to account for largest revenue share by 2037, due to gradually developing healthcare infrastructure.

Surgical Robotics is Segmented by Component (Surgical System, Accessory, and Service), Area of Surgery (Gynecological Surgery, Cardiovascular, Neurosurgery, Orthopedic Surgery, Laparoscopy and Urology), and (North America, Europe, Asia Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

The Asia-Pacific Medical Robots Market size was valued at USD 4.12 billion in 2023 & is projected to reach USD 12.05 billion by 2030. The market is also estimated to grow at a CAGR of around 17.20% during the forecast period 2024-30.

The size and share of the market is categorized based on Application (Minimally Invasive Surgery, Physical Therapy, Diagnostics, Remote Consultations) and Product (Surgical Robots, Rehabilitation Robots, Diagnostic Robots, Telepresence Robots) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

North America Medical robotics market size is USD 2512.48 million in 2024 and will expand at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.

The Medical Robotics Market is segmented into various product categories, including:Surgical Robots: Used for minimally invasive surgical procedures, providing precision and reduced recovery times.Rehabilitation Robots: Assist in rehabilitation exercises, improving patient recovery and reducing dependency on therapists.Noninvasive Radiosurgery Robots: Used in cancer treatment, delivering radiation with pinpoint accuracy while preserving healthy tissue. Recent developments include: .

Global Medical Robot market size earned around $14.23 Bn in 2023 and is expected to reach $54.95 Bn by 2032, with a projected CAGR of 16.2%.

The market size of the healthcare medical robots market size and forecast research is categorized based on Application (Hospitals, Rehabilitation Centers) and Product (Surgical Robot, Rehabilitation Robot, Pharmacy Automation Robot) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The provided report presents market size and predictions for the value of healthcare medical robots market size and forecast research, measured in USD million, across the mentioned segments.

Middle East and Africa Medical robotics market size is USD 125.62 million in 2024 and will expand at a compound annual growth rate (CAGR) of 15.9% from 2024 to 2031.

Stay Updated on Surgical Robotics Market - Analysis (2017-2025) from BIS Research Focuses on Region, key player, Total revenue, challenges, and growth opportunities.

Global medical robots market has been valued at $16.39 billion in 2024 and is expected to grow at a CAGR of 18.31%.

The medical robotics market is experiencing robust growth, driven by a confluence of factors including the increasing prevalence of chronic diseases, advancements in minimally invasive surgical techniques, and the rising demand for improved patient outcomes. A 23.6% CAGR indicates a significant expansion, projecting substantial market value growth over the forecast period (2025-2033). This growth is fueled by technological innovation, leading to the development of more sophisticated and precise robotic systems for various surgical specialties, including laparoscopy, neurosurgery, and orthopedics. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) into robotic systems is enhancing their capabilities, facilitating more accurate diagnoses and improved surgical precision. This trend is particularly evident in the segments of surgical robotics and rehabilitation robotics which are experiencing the highest growth rates. While initial high capital costs and regulatory hurdles pose some constraints, the long-term benefits in terms of reduced recovery times, improved patient safety, and enhanced surgical precision are driving wider adoption across healthcare settings globally. The market segmentation reveals key opportunities within different applications and robotic types. Surgical robots represent a significant portion of the market, with a projected dominant share due to their increasing use in various complex procedures. However, the rehabilitation robotics segment is poised for substantial growth driven by the increasing geriatric population and rising prevalence of neurological disorders. Geographically, North America currently holds a significant market share, attributable to advanced healthcare infrastructure and higher adoption rates. However, regions like Asia-Pacific are projected to witness rapid growth, fueled by expanding healthcare budgets, rising disposable incomes, and increasing awareness of minimally invasive surgical procedures. Competitive rivalry is intense, with established players like Intuitive Surgical alongside emerging companies continuously striving for innovation and market share through strategic partnerships, product launches, and geographical expansion. The ongoing development and adoption of advanced robotic systems, coupled with the growing preference for minimally invasive procedures, promise a sustained period of growth and transformation within the medical robotics sector.