North America Medical Robotics Market Overview
The North American medical robotics market is anticipated to grow at a compound annual growth rate (CAGR) of 4.33% to reach 2.77 US$ billion in 2027.
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Market Dynamics for Medical Robotics in North America:
Medical robots are a recent development of robot applications in the medical sciences. It includes telemanipulators or surgical robots that control the effector or patient on one side by using the surgeon's movements on the other. Some significant factors that have contributed to the expansion of the medical robotics industry in North America include more control and a preference for least invasive procedures. Surgeons can operate these electromagnetic robots for both invasive and non-invasive procedures. The industry benefits from robots' increased speed, accuracy, dependability, and cost-effectiveness, which also accounts for the growing use of medical robotics.
Country-specific insights for the North American medical robotics market:
The North American medical robotics market primarily profiles two regions: the United States and Canada. Increased demand for minimally invasive operations and increased investment in enhancing medical infrastructure are undoubtedly key drivers of the medical robotics market's overall expansion in North America.
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North America Medical Robotics Market Segmentation
Medical Robotics Market, By Product
• Instruments and Accessories
• Medical Robotic Systems
• Surgical Robots
• Rehabilitation
• Noninvasive Radio Surgery
• Hospital and Pharmacy
• Others
Medical Robotics Market, By Application
• Laparoscopy
• Cardiology
• Neurology
• Orthopedics
• Rehabilitation
• Other
The North American medical robotics market is divided into three segments: product, application, and geography. The medical robotics market is separated into two segments based on product: medical robotic systems and instruments and accessories. The medical robotic system is the largest segment, and the market is growing generally due to factors including the rise in invasive surgery and the increased use of robotics in the healthcare industry for faster treatment. The market is divided by application, including orthopedics, neurology, cardiology, laparoscopy, and rehabilitation, among others. While the neurology section saw some of the quickest growth in North America, the laparoscopy segment was the largest. One of the main factors driving the rise of the laparoscopy market has been the expansion of minimally invasive surgical techniques.
North America Medical Robotics Market Key Players
• Intuitive Surgical, Inc.
• Transenterix, Inc.
• Myomo Inc.
• Hansen Medical, Inc.
• ReWalk Robotics
• Varian Medical System, Inc.
• Medrobotics Corporation
• Medtech SA
• Aethon Inc.
• Verb Surgical
• Microbot Medical
• Stryker,
• Hocoma
• Mazor Robotics,
• Auris Health Inc
• Accuray Incorporated,
• Omnicell Inc
• ARxIUM,
• Ekso Bionics
• Capsa Healthcare
• TransEnterix Surgical Inc
• Stereotaxis Inc
• ReWalk Robotics
• Titan Medical Inc
• Aethon,
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Key questions answered in the North America Medical Robotics Market are:
- What is North America Medical Robotics?
- What will be the CAGR at which the North America Medical Robotics market will grow?
- What is the growth rate of the North America Medical Robotics Market?
- What are the industry trends that can be implemented to generate additional revenue streams for the North America Medical Robotics Market?
- Who are the leading companies and what are their portfolios in North America Medical Robotics Market?
- What segments are covered in the North America Medical Robotics Market?
- Which are the factors expected to drive the North America Medical Robotics market growth?
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