The Asia-Pacific Medical Robots Market size was valued at USD 4.12 billion in 2023 & is projected to reach USD 12.05 billion by 2030. The market is also estimated to grow at a CAGR of around 17.20% during the forecast period, i.e., 2024-30.
Asia-Pacific Medical Robots Market Driver:
Increasing Instances of Medical Error – In recent years, Asia-Pacific countries such as India, Australia, etc., have been experiencing a surge in several deaths related to medical errors. Human error in medical procedures related to diagnosis, medicine prescription, or surgeries has been accelerating the instances of harmed patients. This growing need to cater to the increasing number of patients and reduce medical error injuries has been contributing to the growing adoption of medical robots for these purposes.
Also, the cases of patients with chronic diseases, accidents, etc., have been accelerating in the region, which requires medical care. The increasing number of patients also requires an increment in healthcare professions, which has been lacking across the region. Consequently, this has been further exacerbating the instances of medical errors, and healthcare professionals have to look after several cases in a day. This is further expected to accelerate the demand for medical robots across the regional market.
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Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Asia-Pacific Medical Robots Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Product Type
- Surgical Robots- Market Size & Forecast 2019-2030, USD Million
- Orthopedics- Market Size & Forecast 2019-2030, USD Million
- Neurology- Market Size & Forecast 2019-2030, USD Million
- Urology- Market Size & Forecast 2019-2030, USD Million
- Gynecology- Market Size & Forecast 2019-2030, USD Million
- Others (Cardiology, Dental, etc.)- Market Size & Forecast 2019-2030, USD Million
- Rehabilitation Robots- Market Size & Forecast 2019-2030, USD Million
- Therapeutic- Market Size & Forecast 2019-2030, USD Million
- Assistive- Market Size & Forecast 2019-2030, USD Million
- Prosthetic- Market Size & Forecast 2019-2030, USD Million
- Orthotic- Market Size & Forecast 2019-2030, USD Million
- Exoskeleton- Market Size & Forecast 2019-2030, USD Million
- Hospital & Pharma Robots- Market Size & Forecast 2019-2030, USD Million
- Traditional Robots- Market Size & Forecast 2019-2030, USD Million
- Collaborative Robots- Market Size & Forecast 2019-2030, USD Million
- Telepresence Robots- Market Size & Forecast 2019-2030, USD Million
- Others (Medical Transportation Robots, Cleaning Robots, etc.)- Market Size & Forecast 2019-2030, USD Million
- Surgical Robots- Market Size & Forecast 2019-2030, USD Million
- By End User
- Hospitals & Clinics- Market Size & Forecast 2019-2030, USD Million
- Rehabilitation Centers- Market Size & Forecast 2019-2030, USD Million
- Ambulatory Surgical Centers- Market Size & Forecast 2019-2030, USD Million
- Others (Pharmacies, Nursing Homes, etc.) Market Size & Forecast 2019-2030, USD Million)
- By Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Intuitive Surgical Operations, Inc., Medtronic plc, Siemens Healthneers, Stryker, Accuray Incorporated, Aethon, Inc., Asensus Surgical, Johnson & Johnson Services, Inc., Bionik Labs, Globus Medical, Trivitron Healthcare, and Others
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