PUBLISHER: The Business Research Company | PRODUCT CODE: 1751013
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751013
Healthcare robotics refers to the use of robotic systems and automation technology to assist in medical procedures, patient care, and healthcare operations. These robots can perform a wide range of tasks, such as surgery, patient monitoring, rehabilitation, and logistics management within healthcare settings. The primary goal of healthcare robotics is to enhance precision, improve outcomes, reduce human error, increase efficiency, and offer personalized care while supporting healthcare professionals in their daily tasks.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main types of healthcare robotics include non-invasive radiosurgery robots, emergency response robotic systems, hospital and pharmacy robots, rehabilitation robots, neurosurgical robotic systems, surgical robots, laparoscopy robotic systems, and others. Non-invasive radiosurgery robots provide precise, incision-free radiation therapy to treat tumors, promoting the shift towards minimally invasive treatments. These robots come in various portability options, including mobile and fixed configurations, for use in fields such as neurosurgery, orthopedic surgery, cardiology, laparoscopy, pharmacy applications, and more. They are utilized by multiple end-users, including rehabilitation centers, hospitals, specialty centers, clinics, and other healthcare facilities.
The healthcare robotics market research report is one of a series of new reports from The Business Research Company that provides healthcare robotics market statistics, including the healthcare robotics industry global market size, regional shares, competitors with the healthcare robotics market share, detailed healthcare robotics market segments, market trends, and opportunities, and any further data you may need to thrive in the healthcare robotics industry. This healthcare robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The healthcare robotics market size has grown rapidly in recent years. It will grow from $17.25 billion in 2024 to $20.05 billion in 2025 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to the increasing demand for minimally invasive surgeries, the rising aging population, growing healthcare cost pressures, advancements in surgical precision and efficiency, and the increasing adoption of robotic-assisted rehabilitation.
The healthcare robotics market size is expected to see rapid growth in the next few years. It will grow to $36.12 billion in 2029 at a compound annual growth rate (CAGR) of 15.9%. The growth in the forecast period can be attributed to advancements in artificial intelligence, a growing focus on personalized healthcare, an increase in robotic surgery training programs, expanding healthcare infrastructure in emerging markets, and rising investments in healthcare robotics research and development. Major trends in the forecast period include innovations in robotic surgery systems, advanced rehabilitation robots, AI-powered surgical assistance, the development of advanced robotic exoskeletons for mobility, and innovations in robotic-assisted diagnostics.
The increasing demand for minimally invasive surgeries is expected to accelerate the growth of the healthcare robotics market. Minimally invasive surgeries involve procedures that are performed through small incisions using specialized instruments, leading to less pain and faster recovery. The growing preference for minimally invasive surgeries is driven by their ability to reduce recovery time, as they result in less bodily trauma and allow quicker return to daily activities. Healthcare robotics enhances these surgeries by offering greater precision, improved control, and smaller incisions, which contribute to faster recovery, lower risks, and better patient outcomes. For example, in March 2023, the British Association of Aesthetic Plastic Surgeons, a UK-based organization, reported that approximately 31,057 minimally invasive cosmetic procedures were performed in 2022, marking a 102% increase compared to the previous year. This surge in demand for minimally invasive surgeries is fueling the growth of the healthcare robotics market.
Leading companies in the healthcare robotics market are focused on developing cutting-edge technologies, such as elevator delivery robots, to enhance operational efficiency and optimize hospital logistics. An elevator delivery robot is an autonomous robot designed to transport items between floors in a building, utilizing elevator systems for vertical mobility. For instance, in May 2024, Richtech Robotics Inc., a US-based provider of AI-powered service robots, introduced the Medbo, an elevator-enabled delivery robot. The Medbo is designed to optimize 24/7 medication delivery in healthcare environments, providing secure and accurate transport, minimizing operational costs, and improving patient care. By alleviating routine tasks for healthcare staff, the Medbo boosts overall hospital efficiency, contributing to smoother operations within healthcare facilities.
In August 2024, KARL STORZ, a Germany-based medical technology company, acquired Asensus Surgical for $95 million. The acquisition strengthens KARL STORZ's surgical robotics portfolio, bolstering its capabilities in minimally invasive procedures and reinforcing its position within the rapidly expanding surgical robotics market. Asensus Surgical is a US-based company specializing in robotic surgical technology.
Major players in the healthcare robotics market are Johnson & Johnson, Medtronic plc, Stryker Corporation, Zimmer Biomet Holdings Inc., Intuitive Surgical Inc., Smith & Nephew plc, KUKA AG, Globus Medical Inc., Renishaw plc, Accuray Incorporated, Brainlab AG, Meerecompany Co. Ltd., Vicarious Surgical Inc., CMR Surgical Ltd., Stereotaxis Inc., Aethon Inc., Cyberdyne Inc., Hocoma AG, Titan Medical Inc., Medicaroid Corporation.
North America was the largest region in the healthcare robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in healthcare robotics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the healthcare robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The healthcare robotics market consists of revenues earned by entities by providing services such as patient monitoring and care, hospital logistics, disinfection and sanitation, telepresence, and remote care. The market value includes the value of related goods sold by the service provider or included within the service offering. The healthcare robotics market includes sales of elderly care robots, laboratory automation robots, robotic nurses and assistive robots. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Healthcare Robotics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on healthcare robotics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for healthcare robotics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The healthcare robotics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.