Asia-Pacific Medical Robots Market Worth USD 4.12 Billion in 2023, Predicted to Expand at 17.20% CAGR through 2030

This comprehensive Asia-Pacific Medical Robots Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

According to recent market analysis report, 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.

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Asia-Pacific Medical Robots Market Trend

Growing Medical Tourism in Asia-Pacific Countries – Countries in the Asia-Pacific region are mainly famous for their ability to deliver high-quality medical care at much lower costs compared to Western countries, and hence, medical tourism has been growing across the region. The countries have been adopting the transformation in their health sector through technologically advanced equipment and services in health units gradually. Thus, the growing focus of the countries to enhance their medical sector is also encouraging the adoption of medical robots.

Moreover, different governments of Asia-Pacific are heavily investing in the healthcare sector by building new hospitals and funding the robotic surgery division, among others. This would further boost medical tourism across the region, thereby enhancing the overall market growth of medical robots in the Asia-Pacific.

Market Segment Highlights:

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 segments have been gaining substantial market share, owing to their extensive applications in several diseases like CVD, and cancer, among others. Also, the instances of chronic diseases like osteoarthritis are growing across the APAC countries.

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

The India Medical Robots Market has shown amazing growth, including the dominance of the market. This dominance has been attributed to the large geriatric population of the country. The World Bank Organization has also announced that India is expected to see a substantial rise in old-age population in the coming years. The consumers in the old-age group are highly susceptible to diseases, such as osteoarthritis, prostate cancer, cardiovascular diseases, etc. This has resulted in higher numbers of patients undergoing surgical procedures. In turn, these have fostered growth in the India Medical Robots Market.

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Asia-Pacific Medical Robots Market Competition Analysis:

Some of the top Medical Robots companies operating in the Asia-Pacific market are 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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