North American medical robotics market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the high government spending on R&D of advanced technologies for healthcare sector. Moreover, the high adoption rate of minimally invasive surgery is further contributing to the growth of the market in the region. The medical robotics market is analyzed on the basis of revenue captured by all types of robotic systems. Based on products, the market is segmented into surgical robotic systems, rehabilitative robotic systems, noninvasive radiosurgery robots, hospital & pharmacy robotic systems, and others. Among these products, the surgical robotic system is contributing significantly to the medical robotics market growth. This growth is backed by the rising trend for minimally invasive surgeries and rising spending by hospitals towards the automation of the healthcare infrastructure.
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North America’s medical robotics market is segmented on the basis of countries, the US and Canada. The US held the largest market value, around 90.0%, in the North American medical robotics market due to ongoing research activities on the advanced technologies for healthcare infrastructure and the rising demand for minimally invasive surgeries in the US. Furthermore, the country has the presence of some of the leading market players, such as Stryker Corp. and Intuitive Surgical, Inc., contributes to the significant growth in the medical robotics in the US. However, Canada is expected to project a considerable CAGR in the North American medical robotics market during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
North American Medical Robotics Market by Product
- Surgical Robotic Systems
- Rehabilitative Robotic Systems
- Noninvasive Radiosurgery Robots
- Hospital & Pharmacy Robotic Systems
- Others (Neuromate surgical system)
Regional Analysis
- United States
- Canada
Company Profiles
- Accuray Inc.
- Auris Health, Inc.
- AVRA Medical Robotics, Inc.
- Global Medical, Inc.
- InTouch Technologies, Inc.
- Intuitive Surgical, Inc.
- Kirby Lester
- Medrobotics Corp.
- Medtronic PLC
- Microbot Medical Inc.
- Omnicell, Inc.
- Stereotaxis, Inc.
- Stryker Corp.
- Titan Medical Inc.
- TransEnterix Surgical, Inc.
- Verb Surgical Inc.
- Zimmer Biomet Holdings, Inc.
The Report covers:
- Comprehensive research methodology of the North American medical robotics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American medical robotics market.
- Insights about market determinants which are stimulating the North American market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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