The market for robotic clinicians is expected to grow at a CAGR of around 20.0% from 2020 to 2027 and expected to reach the market value of around US$ 32,265.7 Mn by 2027.
Robotic clinicians refer to the robots that are involved in the treatment and observation of living patients. They have direct contact with the patients rather than being involved in the research. These robotic clinicians are used in hospitals and clinics, specialty centers, rehabilitation centers, and others.
Market Dynamics
The technological advancements and increasing funding for medical robot research is supporting the market value. The issuance of initial public offering (IPOs) by medical robot companies in recent years is additionally supporting the market growth. For instance, a robotics-related company has filed IPOs on the New York Stock Exchange in 2016. MA medical device robotics startup has used the Reg-A crowdfunding method to seek funding for their new MYO stock to be listed on the NYSE MKT Exchange. The advantages offered by robot-assisted training in rehabilitation therapy are further bolstering the market value. Furthermore, increasing investment in healthcare infrastructure in developing economies is projected to create potential opportunities over the forecast period from 2020 to 2027.
On the other side, safety concerns over robotic surgery devices and high cost associated with the robotic systems are projected to limit the growth to an extent over the estimated period.
Segment Instance
The surgical robotic systems segment by product is further bifurcated into laparoscopy robotic systems, orthopedic robotic systems, and neurosurgical robotic systems. The rehabilitation robotic systems segment is additionally bifurcated into therapeutic robotic systems, assistive robotic systems, exoskeleton robotic systems, and other rehabilitation robots. Moreover, hospital and pharmacy robotic systems are further divided into Pharmacy Robotic Systems, and IV Robotic Systems. The wide range of applications and increasing investment in research & development (R&D) for the robotic clinicians is supporting the segmental market value. The rapidly increasing geriatric population is further supporting the demand for robotic clinicians in the market. According to UN statistics, the population above 60 years of age and above is likely to increase to 2.1 billion in 2050 from 962 million in 2017.
North America accounted for the maximum revenue share in the global market
In 2019, North America accounted for the maximum revenue share (%) in the global market. The presence of major players in the region is primarily contributing to the regional market value. The well-established healthcare infrastructure and high investment in healthcare solutions are supporting the demand for robotic clinicians in the region. The major economies of the region including US and Canada are major contributors.
Asia Pacific is projected to exhibit fastest growth over the forecast timeframe from 2020 top 2027
Asia Pacific is estimated to experience the fastest growth with major CAGR (%) over the estimated timeframe from 2020 to 2027. The rapidly developing economies of the region including China and India are accelerating the regional market value. Japan is also a major contributor to the regional market value as the region has a strong foothold in the robotics market.
The players profiled in the report include Accuray (US), Arxium (Canada), Ekso Bionics Holdings (US), Hansen Medical (US), Hocoma (Switzerland), Intuitive Surgical (US), Mazor Robotics (Israel), Omnicell (US), and Stryker Corporation (US). The major robotic clinician's players were involved in strategic developments for escalating the profit share in regional as well as the global market. The major investments were announced in the robotic clinicians market for technological advancements along with the changing consumer lifestyle.
Market Segmentation
Market By Product
Instruments & Accessories
Robotic Systems
Surgical Robotic Systems
- Laparoscopy Robotic Systems
- Orthopedic Robotic Systems
- Neurosurgical Robotic Systems
Rehabilitation Robotic Systems
- Therapeutic Robotic Systems
- Assistive Robotic Systems
- Exoskeleton Robotic Systems
- Other Rehabilitation Robots
Noninvasive Radiosurgery Robotic Systems
Hospital and Pharmacy Robotic Systems
- Pharmacy Robotic Systems
- IV Robotic Systems
Other Robotic Systems
Market By Application
Laparoscopy
Orthopedic Surgeries
Neurosurgeries
Pharmacy Applications
Other Applications
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Chapter 1. Industry Overview of Robotic Clinicians
1.1 Definition and Scope
1.1.1 Definition of Robotic Clinicians
1.1.2 Market Segmentation
1.1.3 Years Considered for the Study
1.1.4 Assumptions and Acronyms Used
1.1.4.1 Market Assumptions and Market Forecast
1.1.4.2 Acronyms Used In Global Robotic Clinicians Market
1.2 Summary
1.2.1 Executive Summery
1.2.2 Robotic Clinicians Market By Product
1.2.3 Global Robotic Clinicians Market By Application
1.2.4 Global Robotic Clinicians Market by Regions
Chapter 2. Research Approach
2.1 Methodology
2.1.1 Research Programs/By Resolution Type
2.1.2 Market Size Estimation
2.1.3 Market Breakdown and Data Triangulation
2.2 Data Source
2.2.1 Secondary Sources
2.2.2 Primary Sources
Chapter 3. Market Dynamics and Competition Analysis
3.1 Market Drivers
3.1.1 Driver 1
3.1.2 Driver 2
3.2 Restraints and Challenges
3.2.1 Restraint 1
3.2.2 Restraint 2
3.3 Growth Opportunities
3.3.1 Opportunity 1
3.3.2 Opportunity 2
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of Substitute
3.4.4 Threat of New Entrants
3.4.5 Degree of Competition
3.5 Market Concentration Ratio And Market Maturity Analysis of Robotic Clinicians Market
3.5.1 Go To Market Strategy
3.5.1.1 Introduction
3.5.1.2 Growth
3.5.1.3 Maturity
3.5.1.4 Saturation
3.5.1.5 Possible Development
3.6 Technological Roadmap for Robotic Clinicians Market
3.7 Value Chain Analysis
3.7.1 List of Key Manufacturers
3.7.2 List of Customers
3.7.3 Level of Integration
3.8 Cost Structure Analysis
3.8.1 Price Trend of Key Raw Materials
3.8.2 Raw Material and Suppliers
3.8.3 Proportion of Manufacturing Cost Structure
3.8.3.1 Raw Material
3.8.3.2 Labor Cost
3.8.3.3 Manufacturing Expense
3.9 Regulatory Compliance
3.10 Competitive Landscape, 2019
3.10.1 Player Positioning Analysis
3.10.2 Key Strategies Adopted By Leading Players
Chapter 4. Manufacturing Plant Analysis
4.1 Manufacturing Plant Location and Establish Date of Global Robotic Clinicians Major Manufacturers in 2019
4.2 R&D Status and By Application Source of Global Robotic Clinicians Major Manufacturers in 2019
Chapter 5. Robotic Clinicians Market By Product
5.1 Introduction
5.2 Global Robotic Clinicians Revenue (US$ Mn) by Product
5.2.1 Global Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 – 2027
5.2.2 Instruments & Accessories
5.2.2.1 Instruments & Accessories Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3 Robotic Systems
5.2.3.1 Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.1 Surgical Robotic Systems
5.2.3.1.1.1 Surgical Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.1.1.1 Laparoscopy Robotic Systems
5.2.3.1.1.1.1.1 Laparoscopy Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.1.1.2 Orthopedic Robotic Systems
5.2.3.1.1.1.2.1 Orthopedic Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.1.1.3 Neurosurgical Robotic Systems
5.2.3.1.1.1.3.1 Neurosurgical Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.2 Rehabilitation Robotic Systems
5.2.3.1.2.1 Rehabilitation Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.2.1.1 Therapeutic Robotic Systems
5.2.3.1.2.1.1.1 Therapeutic Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.2.1.2 Assistive Robotic Systems
5.2.3.1.2.1.2.1 Assistive Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.2.1.3 Exoskeleton Robotic Systems
5.2.3.1.2.1.3.1 Exoskeleton Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.2.1.4 Other Rehabilitation Robots
5.2.3.1.2.1.4.1 Other Rehabilitation Robots Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.3 Noninvasive Radiosurgery Robotic Systems
5.2.3.1.3.1 Noninvasive Radiosurgery Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.4 Hospital and Pharmacy Robotic Systems
5.2.3.1.4.1 Hospital and Pharmacy Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.4.1.1 Pharmacy Rehabilitation Robots
5.2.3.1.4.1.1.1 Pharmacy Rehabilitation Robots Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.4.1.2 IV Rehabilitation Robots
5.2.3.1.4.1.2.1 IV Rehabilitation Robots Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3.1.5 Other Robotic Systems
5.2.3.1.5.1 Other Robotic Systems Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.3 Market Attractive Analysis By Product 2019
Chapter 6. Robotic Clinicians Market By Application
6.1 Introduction
6.2 Global Robotic Clinicians Revenue (US$ Mn) by Application
6.2.1 Global Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 – 2027
6.2.2 Laparoscopy
6.2.2.1 Laparoscopy Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.2.3 Orthopedic Surgeries
6.2.3.1 Orthopedic Surgeries Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.2.4 Neurosurgeries
6.2.4.1 Neurosurgeries Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.2.5 Pharmacy Applications
6.2.5.1 Pharmacy Applications Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.2.6 Other Applications
6.2.6.1 Other Applications Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.3 Market Attractive Analysis By Application 2019
Chapter 7. North America Robotic Clinicians Market By Country
7.1 North America Robotic Clinicians Market Overview
7.2 U.S.
7.2.1 U.S. Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
7.2.2 U.S. Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
7.3 Canada
7.3.1 Canada Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
7.3.2 Canada Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
7.4 North America PEST Analysis
Chapter 8. Europe Robotic Clinicians Market By Country
8.1 Europe Robotic Clinicians Market Key Overview
8.2 UK
8.2.1 UK Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
8.2.2 UK Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
8.3 Germany
8.3.1 Germany Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
8.3.2 Germany Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
8.4 France
8.4.1 France Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
8.4.2 France Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
8.5 Spain
8.5.1 Spain Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
8.5.2 Spain Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
8.6 Rest of Europe
8.6.1 Rest of Europe Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
8.6.2 Rest of Europe Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
8.7 Europe PEST Analysis
Chapter 9. Asia-Pacific Robotic Clinicians Market By Country
9.1 Asia Pacific Robotic Clinicians Market Overview
9.2 China
9.2.1 China Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.2.2 China Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.3 Japan
9.3.1 Japan Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.3.2 Japan Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.4 India
9.4.1 India Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.4.2 India Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.5 Australia
9.5.1 Australia Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.5.2 Australia Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.6 South Korea
9.6.1 South Korea Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.6.2 South Korea Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.7 Rest of Asia-Pacific
9.7.1 Rest of Asia Pacific Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
9.7.2 Rest of Asia Pacific Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.8 Asia Pacific PEST Analysis
Chapter 10. Latin America Robotic Clinicians Market By Country
10.1 Latin America Robotic Clinicians Market Overview
10.2 Brazil
10.2.1 Brazil Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.2.2 Brazil Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.3 Mexico
10.3.1 Mexico Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.3.2 Mexico Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.4 Rest of Latin America
10.4.1 Rest of Latin America Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.4.2 Rest of Latin America Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.5 Latin America PEST Analysis
Chapter 11. Middle East & Africa Robotic Clinicians Market By Country
11.1 Middle East & Africa Robotic Clinicians Market Overview
11.2 Saudi Arabia
11.2.1 Saudi Arabia Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.2.2 Saudi Arabia Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3 UAE
11.3.1 UAE Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.3.2 UAE Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.4 Rest of Middle East & Africa
11.4.1 Rest of Middle East & Africa Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.4.2 Rest of Middle East & Africa Robotic Clinicians Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.5 Middle East & Africa PEST Analysis
Chapter 12. Player Analysis of Robotic Clinicians
12.1 Global Robotic Clinicians Market Company Share Analysis
12.2 Competition Matrix
12.2.1 Competitive Benchmarking of key players by price, presence, market share, and R&D investment
12.2.2 New Product Launches and Product Enhancements
12.2.3 Mergers And Acquisition In Global Robotic Clinicians Market
12.2.4 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
Chapter 13. Company Profile
13.1 Accuray (US)
13.1.1 Company Snapshot
13.1.2 Business Overview
13.1.3 Financial Overview
13.1.3.1 Revenue (US$ Mn), 2019
13.1.3.2 Accuray (US) 2019 Robotic Clinicians Business Regional Distribution
13.1.4 Product/Service and Specifications
13.1.5 Recent Development & Business Strategy
13.1.6 Manufacturing Plant Footprint Analysis
13.2 Arxium (Canada)
13.3 Ekso Bionics Holdings (US)
13.4 Hansen Medical (US)
13.5 Hocoma (Switzerland)
13.6 Intuitive Surgical (US)
13.7 Mazor Robotics (Israel)
13.8 Omnicell (US)
13.9 Stryker Corporation (US)
13.10 Others
