Medical Sensors Market
                                                     
                                     Medical Robotic System Market
Medical robotic systems are used in various medical application such as surgery and differ depending on 
its usage. These include surgical robotic systems, spine robotic systems, laparoscopic robotic systems, 
and rehabilitation robotic system. Advancements in technology coupled with increasing surgeon or 
patient acceptance for laparoscopic procedures, robotic assistance, and advanced medical imaging are 
the factors that are expected to drive growth of the market for medical robotic systems.
Utilization of medical robotic systems improve outcome of surgery, reduces hospital stay, and causes 
less trauma to the patient. Increasing demand for minimal invasive therapy and surgery is also expected 
to favor growth of the medical robotic systems market. Furthermore, in neurology the targeted cells are 
surrounded by delicate tissue, wherein a surgeon is unable to control the precision of the surgery, which 
may cause damage to healthy tissues. Thus, robotic systems are utilized to make precise and accurate 
motions based on the medical images obtained. These robotic systems are also employed in 
radiosurgery, where the focused beams of ionizing radiation are directed at the patient, primarily to 
treat tumors.
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Rehabilitation robotic systems are designed in a way that allows the autonomy for people with 
disabilities. Thus, demand for such systems is expected to increase, which is further expected to 
augment growth of the medical robotic systems market. Several other robotic systems are under 
research and development, when approved by the FDA are expected to boost growth of the market for 
medical robotic systems in the near future.
Few growth restraining factors of the market include high cost associated with such systems and 
stringent regulations for identified medical robotic systems. Moreover, any harm caused to patients 
during robotic surgeries, further results in product recall or termination. For instance, Hansen Medical 
Magellan Robotic System was terminated in September 2015, based on two incidents, when an 
unexpected event occurred during a retraction operation of catheter.
The global medical robotic system market size was estimated to be valued at US$ 9,099.84 million in 
2019, and is expected to exhibit a CAGR of 14.3% over the forecast period (2019-2027).
Increasing Product Launches and Approvals from Regulatory Agency for Medical Robot System is 
expected to Drive Growth of the Global Medical Robotic System Market
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Major players are focused on product development, product launches, approvals from regulatory 
bodies, and commercialization of innovative techniques for medical robotic system. Thus, increasing 
products approvals from regulatory bodies is expected to drive growth of the medical robotic system 
market over the forecast period. For instance, in 2017, Mazor Robotics Ltd., a leader in the field of 
surgical robotic systems received CE Mark approval for its Mazor X Surgical Assurance Platform. The CE 
Mark allows Mazor and its commercial partner Medtronic to market Mazor X in European Union.
Furthermore, in 2018, Hocoma, launched ArmeoSenso, a sensor-based solution for patients with mild to 
moderate impairments of the upper extremity.
Global Medical Robotic System Market- Regional Insights
On the basis of region, the global medical robotic system market is segmented into North America, Latin 
America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant 
position in the medical robotic system market over the forecast period, owing to increasing acquisitions 
by key players for development of products. For instance, in 2017, Omnicell Inc., acquired InPharmics, a 
provider of advanced pharmacy informatics solutions to hospital pharmacies. The acquisition expanded 
the capabilities of Omnicell’s product offerings.  
Asia Pacific is expected to witness rapid growth in the medical robotic system market, owing to 
increasing prevalence of neurological disorder. For instance, according to Neurology India, the 
prevalence of neurological disorder disorders from different regions of the India ranged from 967-4,070 
with a mean of 2,394 per 100,000 population in 2014.
Global Medical Robotic System Market- Competitive Landscape
Key players operating in the global medical robotic system market include Intuitive Surgical, 
Transenterix, Medrobotics, Verb Surgical, Hansen Medical, MEDTECH, Titan Medical, Microbot Medical, 
Aethon, and Aesynt
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