Top Companies Participating in Medical Robotics Market, 2016-2020 1 | Page 3

According to a recent study from MarketIntelReports, the global medical robotics market
size was $2.67 Billion in 2014 and is growing at a CAGR of 19% from 2015 to 2020.
Technological advancements coupled with intensive research is driving the growth of the
medical robotics market. Due to this factor, since the past decade, the medical robotics
industry has witnessed introduction of various new products such as da Vinci robot and
radio surgery robots. In the span of five years, medical robotics market has also seen the
launch of products such as robotic exoskeletons in the rehabilitation robotics segment,
cleaning and disinfectant robots and telemedicine robots.
The medical robotics market is leading in Americas region and is likely to grow in future.
This is attributed due to high amount of investment in healthcare in the United States.
European region is forecast to have significant growth in the next five years as government
is initiating new policies to improve health and well-being of the people in the region.
Medical robots are primarily gaining popularities in Urology and Gynecology verticals for
specific surgeries and doctor assistance. Additionally, Rehabilitation robotics are witnessing
high demand in medical sector for treating orthopedic disorders such as osteoarthritis,
osteoporosis among others in elderly people for fast recovery and improvement in
performance activities.