Medical robots refer to robots designed for use in specialized medical applications. These robots are capable of performing a variety of medical duties, including surgery, medical testing, and patient monitoring. Medical robots can perform surgery based exclusively on the surgeon's pre-operative planning. Medical robots enable high precision in both open and minimally invasive surgery. Additionally, medical robotics significantly reduce the time required for surgery. Additionally, medical robots can be used to convey patients between hospital locations. Technology advancements have made it possible for surgeons to control surgical robots from a distance. Recent technological advancements have been focused on bringing down the price of goods. This has increased the use of these robots for a variety of jobs. The da Vinci robot was FDA-approved for surgical procedures in 2000, despite being used in healthcare since 1985. The da Vinci robot is famous for cardiac, head & neck, and urologic surgeries.
The growth of Medical Robots Market is supported by factors such as increasing awareness about their various 0beneficial properties and increase in the number of surgical procedures as a result of increasing incidence of chronic diseases such as cancer and lifestyle diseases such as diabetes and obesity.
Major Players in the Medical Robots Industry:
1. Intuitive Surgical, Inc.
Intuitive Surgical, Inc. is an American company that creates, makes, and sells robotic products, like the da Vinci Surgical System, that help patients have better clinical outcomes through minimally invasive surgery, was founded in 1995 and headquartered in California, United States. It operates in 6 countries. According to the company's chief executive, the robotic surgical system manufacturer invested over 700 million yuan ($103.7 million) in August 2022 to establish a manufacturing and innovation base in Shanghai to increase access to robotic assisted surgery for more patients in China. The company's Zhangjiang, Shanghai, production and innovation base is expected to be operational in 2025.
2. Stryker Corporation
Stryker Corporation is an American multinational medical technologies corporation, was founded in 1941 and headquartered in Michigan, United States. It operates in over 100 countries across the world. In March 2023, at the AAOS 2023 Annual Meeting in Las Vegas, Stryker unveiled the launch of Mako Total Knee 2.0, the upcoming chapter in Mako SmartRoboticsTM. Informed by more than half a million Mako Total Knee procedures, Mako Total Knee 2.0 is intended to deliver the same, trusted results surgeons have come to expect from Mako with a new, enhanced user experience.
3. Mazor Robotics Ltd
Mazor Robotics Ltd was an Israeli medical device company and manufacturer of a robotic guidance system for spine surgery that was acquired by Medtronic in December 2018. It was founded in 2001 and headquartered in Israel. It operates in 15 countries.
4. Hansen Medical Inc.
Hansen Medical Inc. designs and manufactures medical robotics for positioning and control of catheter-based technologies, was founded in 2002 and headquartered in Mountain View, California. In July 2016 it was acquired by Auris Surgical Robotics.
5. Hocoma AG
Hocoma AG is an industry leader in robotic rehabilitation therapy for neurological movement disorder. It was founded in 1996 and headquartered in Switzerland. It operates in more than 70 countries. In January of 2023, DIH, the leading global provider of robotics and virtual reality (VR) technology, announced that its medical device manufacturer company, Hocoma AG, was successful in achieving compliance with Medical Device Regulation (EU) 2017/745 as among the first medical device companies in the rehabilitation robot industry.
6. Omnicell, Inc.
Omnicell, Inc. is an American multinational healthcare technology company headquartered in Mountain View, California. It was founded in 1992 and headquartered in California, United States. It operates across North America, the United Kingdom, Germany, and Australia. In March 2022, IVX Station was introduced by Omnicell, Inc. The innovative solution is intended to scale the benefits of leveraging IV robotic technology, thereby making it accessible to the mass market.
7. Kirby Lester LLC
Kirby Lester LLC pharmacy automation by Capsa Healthcare, is by far the world’s leading pharmacy automation provider, was founded in 1971 and headquartered in Illinois, United States. It operates in 40 other countries.
8. Accuray Incorporated
Accuray Incorporated was founded in 1990 and headquartered in California, United States. It operates in approximately 50 countries globally. In September 2022, Accuray announced the first CyberKnife® systems in Africa, giving more cancer patients a new option for potentially life-saving radiation treatments. CyberKnife is the first and only fully-robotic radiotherapy system. CyberKnife employs a technique known as stereotactic body radiation therapy (SRS SBRT), delivering precise doses of radiation with extreme precision and taking into consideration tumor or patient movement in real time.
9. Ekso Bionics Holdings Inc.
Ekso Bionics Holdings Inc. was founded in 1990 and headquartered in California, United States. It operates in over 20 countries. Ekso Bionics, a leader in exoskeleton technology for medical and industrial applications, announced in February 2023 that it will exhibit the new Ekso Indego Therapy with Functional Electrical Stimulation (FES) at the American Physical Therapy Association's Combined Sections Meeting in San Diego, California.
*Definition: A medical robot is a robot used in the medical sciences. They include surgical robots. These are in most telemanipulators, which use the surgeon's activators on one side to control the "effector" on the other side.
