Medical Robotic Systems Market Size to Reach USD 102.96 billion in 2032

The Medical Robotic Systems market, valued at USD 29.59 billion in 2024, is expected to register robust revenue CAGR of 16.8%. Request free copy of this report: https://navistratanalytics.com/request-free-sample/882

March 26, 2025- Increase in prevalence of chronic diseases is a key factor driving market revenue growth. According to the Centers for Disease Control and Prevention (CDC), more than 32.5 million persons in the United States suffer from osteoarthritis. Globally, OA affects over 500 million people, or approximately 7% of the world's population. Primary osteoarthritis is a prevalent condition among the elderly, and sufferers may be asymptomatic. About 80-90% of those over the age of 65 have radiographic primary osteoarthritis. The incidence rate of this condition in those aged 20 and older is 203 per 10,000 person-years, making it widespread throughout the world. Furthermore, a major worry is post-operative discomfort, since 20% of patients who have complete knee arthroplasties report having chronic pain following the treatment.

In September 2024, at the Congress of Neurological Surgeons (CNS) in Houston, Texas, USA, ZEISS Medical Technology introduced the KINEVO 900 S. The latest Robotic Visualization System is an extension of the successful ZEISS KINEVO 900 platform. With superior digital visualization, collaborative assistant functions, and linked intelligence, the ZEISS KINEVO 900 S provides greater clarity for complex surgical operations in neurosurgery and other surgical specialties.

However, there are certain hurdles to overcome. As technology advances, surgical robots become increasingly important in the medical industry. However, the cost of acquiring a surgical robot remains a substantial impediment for many medical organizations. A surgical robot is normally priced between USD 1 million and USD 3 million, excluding installation, maintenance, and training. This price is undoubtedly a major investment for most healthcare organizations.

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Segments market overview and growth Insights

Based on the product type, the medical robotic systems market is segmented into surgical robots, rehabilitation robots, non-invasive radiosurgery robots, hospital & pharmacy automation robots, diagnostic robots, telemedicine robots, and others. Surgical robots segment is expected to register the largest market revenue share during the forecast period. The primary reason for the increasing popularity of robotic surgery is its clear advantages for patients, surgeons, and hospital systems: robotic surgery makes it possible to convert some open procedures to laparoscopic ones, which frequently lead to less pain, less bleeding, shorter hospital stays, and quicker recovery times; advancements are being made to make robotic surgery instruments smaller and more flexible so they can pass through natural orifices or blood vessels; and automation and artificial intelligence (AI) will allow surgical robots to guide and assess surgeons and perform a range of surgical tasks, including suture placement.

On November 2024, Globus Medical, Inc., a leading musculoskeletal solutions provider, has announced the commercial availability of their ExcelsiusHub navigation system. ExcelsiusHub is part of the wide Excelsius technology ecosystem and is intended to raise the bar for freehand navigation. Freehand navigation allows surgeons to visualize instrument placement in real time, reducing the need for X-ray imaging during spine surgery.

Regional market overview and growth insights

North America held the largest market share in the Medical Robotic Systems market in 2024. This is mostly due to the increasing prevalence of chronic diseases, technological developments, rising healthcare costs, and a growing desire for minimally intrusive treatments. According to the National Cancer Institute (NCI), 2 million new cases of cancer are expected to be diagnosed in the United States in 2024, with 611,720 people dying from it. Prostate, lung, and colorectal cancers are expected to account for 48% of all malignancies diagnosed in men by 2024. Breast, lung, and colorectal cancers are the three most common among women, accounting for 51% of all new cancer diagnoses by 2024.

Competitive Landscape and Key Competitors

The Medical Robotic Systems market is characterized by a fragmented structure, with many competitors holding a significant share of the market. List of major players included in the Medical Robotic Systems market report are:

• Intuitive Surgical, Inc.
• Medtronic plc
• Olympus Corporation
• Stryker Corporation
• Boston Scientific Corporation
• Asensus Surgical, Inc
• Smith & Nephew
• Titan Medical Inc.
• Avatera Medical GmbH
• Renishaw plc
• EndoMaster Pte Ltd
• Johnson & Johnson
• Brainlab AG
• CMR Surgical Ltd.
• Siemens Healthineers GmbH

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Major strategic developments by leading competitors

Cornerstone Robotics (CSR): On January 2025, Cornerstone Robotics (CSR), a surgical robotics company, announced that it has raised more than USD 70 million in Series C funding. The funds will be used to accelerate the commercialization process, develop new surgical robotics products, conduct clinical trials, obtain regulatory approvals, and promote global adoption of advanced robotic surgical solutions.

Watchmaker Genomics: On May 2023, Robocath, which designs, develops, and commercializes smart robotic solutions for the treatment of cardiovascular illnesses, has announced the release of its latest robotic platform, the R-One+.  The R-One+ robotic technology enables interventional cardiologists to perform coronary angioplasty by operating the devices via an integrated control command unit placed in the cathlab or control room.

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Navistrat Analytics has segmented medical robotic systems market based on product type, component, automation level, and end-use:

• Product Type Outlook (Revenue, USD Billion; 2022-2032)
  • Surgical Robots
    • Laparoscopy Robots
    • Orthopedic Robots
    • Neurosurgical Robots
    • Cardiovascular Surgery Robots
    • Gynecological Surgery Robots
    • Urology Surgery Robots
    • Others
  • Rehabilitation Robots
    • Therapeutic Robots
    • Exoskeleton Robots
    • Prosthetic Robotics
    • Others
  • Non-invasive Radiosurgery Robots
    • CyberKnife
    • GammaKnife
    • Linear Accelerator Systems (LINAC)
    • Others
  • Hospital & Pharmacy Automation Robots
    • IV Robots
    • Pharmacy Dispensing Robots
    • Cart Transportation Robots
    • Automated Guided Vehicles (AGVs)
    • Others
  • Diagnostic Robots
  • Telemedicine Robots
  • Others

• Component Outlook (Revenue, USD Billion; 2022-2032)
  • Hardware
    • Sensors
    • Robotic Arms
    • Control Systems
    • Actuators
    • Others
  • Software
    • Operating Systems
    • Simulation Software
    • Data Analysis Platforms
    • Others
  • Services
    • Maintenance Services
    • Integration Services
    • Training Services
    • Consultancy Services
  • Automation Level Outlook (Revenue, USD Billion; 2022-2032)
    • Autonomous
    • Semi-Autonomous
    • Manual-Assisted
  • End-Use Outlook (Revenue, USD Billion; 2022-2032)
    • Hospitals
    • Ambulatory Surgical Centers (ASCs)
    • Diagnostic Centers
    • Rehabilitation Centers
    • Pharmacy and Compounding Centers
    • Research and Academic Institutions
    • Others
  • Regional Outlook (Revenue, USD Billion; 2022-2032)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
      • Spain
      • Benelux
      • Nordic Countries
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Oceania
      • ASEAN Countries
      • Rest of APAC
    • Latin America
      • Brazil
      • Rest of LATAM
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Israel
      • Turkey
      • Rest of MEA

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