Global Medical Robots Market is Valued at $17.9 Billion in 2020

Date: 2015-09-01

Facing the aging population, and pursing quality live, the medical robots have a bright and enormous development in the future. Medical robots is a complex of multi sciences interaction research including medical, biomechanics, mechanics, mechanics of machinery, material science, computer graphics, computer vision, mathematic analysis, robotics. It has huge range of applications in military and commercial that estimated at $17.9 billion in 2020.

According to IFR (International Federation of Robotics) report, medical robots are professional service robots, which can be classified four types: Diagnosis robots, Assisted surgery robots, Rehabilitation robots and others.

Regarding Assisted surgery robots and Rehabilitation robots, they have been studied since 10 years ago, currently the famous Assisted surgery robots such as Davinci, and Rewalk.

Global medical equipments market will reach $514 billion in 2020, and its compound annual growth rate is 5% from 2013 to 2020, in the year of 2020 the global investment in R&D of medical equipments will increase to $30.5 billion, and its CAGR estimated to 4.2%. Obviously, the future medical equipments will be intelligentized, the continuous investments also focus on this direction so that the medial equipments ultimately intelligentized into medical robots.

The IFR revealed total 1308 units of medical robots were sold in globe in 2012; raised 20% compared to last year, accounted for 8% of professional service robots market, roughly $6 billion global revenue in 2013. Medical robots were most expensive robot in all professional service robots, the selling price of per medical robot may be $1.5 million or more (including accessories and parts). 

Medical Robot


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