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The robotic medical imaging systems market size is forecast to increase by USD 662 million at a CAGR of 14.8% between 2023 and 2028. The market is poised for significant growth due to several key factors. Firstly, the increasing prevalence of chronic diseases worldwide is driving demand for advanced medical imaging technologies such as the Magnetic Resonance Imaging (MRI) Systems. Secondly, advancements in sensor markets are enabling the development of more precise and accurate imaging systems. Lastly, the aging population is leading to a higher need for diagnostic and digital therapeutic interventions, further fueling market expansion. In summary, the market is experiencing growth, fueled by the rising incidence of chronic diseases, technological advancements in sensor markets, and the increasing size of the aging population.
The market is experiencing significant growth due to the integration of automation in healthcare. This advancement is essential in addressing the challenges posed by an aging population and the prevalence of chronic diseases. Robotic imaging systems offer precise diagnoses, reducing medication errors and enhancing the overall efficiency of healthcare services. Medical equipment companies are investing heavily in the development of advanced imaging solutions, including 3D imaging devices and endoluminal robotics. These systems enable healthcare workers to perform complex procedures such as transbronchial lung biopsies with greater accuracy. Surgical robotic systems, including those used for general surgery, gynecological surgery, urological surgery, knee & hip surgery, and advanced imaging solutions like radiosurgery and radio therapy robotic systems, are revolutionizing the healthcare industry. These systems offer minimally invasive procedures, reducing recovery time and improving patient outcomes. Pharmacy automation systems and pharmacy automation systems are also playing a crucial role in the healthcare sector by streamlining medication management and reducing errors. The integration of robotic technology in healthcare funding & infrastructure is expected to continue, driving the growth of the market. The market is experiencing significant growth, fueled by innovations like the 3D imaging device and advancements in ultrasonography urology. Key players are developing diagnostic robotic systems that enhance imaging accuracy and efficiency. Additionally, telepresence robotic systems enable remote consultations, improving patient access to specialists. Integrating hospital robotic systems with pharmacy robotic systems and robotic dispensing systems streamlines workflows, while compounding robotic systems ensure precise medication preparation. The emergence of delivery robotic systems further enhances operational efficiency within healthcare settings. Collectively, these technologies are transforming the robotic medical imaging industry, leading to improved patient outcomes and operational effectiveness.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The X-ray segment is estimated to witness significant growth during the forecast period. In the realm of healthcare, automation is increasingly becoming a cornerstone for advancements and improvements. The funding and infrastructure in this sector enable the integration of innovative technologies, such as robotic medical imaging systems. With an aging population and a rise in chronic diseases, the demand for precise and efficient diagnostic tools is paramount.
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The X-ray segment was the largest segment and valued at USD 174 million in 2018. Robotic imaging systems offer solutions to medication errors and enhance the accuracy of interventions in critical medical settings. These systems are not limited to surgical applications, such as robotic-assisted surgeries like robotic hysterectomy or surgical robots used in general, gynecological, urological, knee & hip, spine, and therapeutic procedures. Radiotherapy treatments also benefit from robotic systems, ensuring safety and adherence to protocols. Hence, such factors are fuelling the growth of this segment during the forecast period.
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North America is estimated to contribute 47% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In the realm of healthcare, automation is revolutionizing various sectors, including medical imaging systems. The global market for these advanced imaging solutions is driven by several factors, including healthcare funding and infrastructure development, an aging population, and the rise of chronic diseases. Automation in healthcare is essential for reducing medication errors, enhancing safety, and improving the overall quality of care, particularly in critical medical settings. Robotic-assisted surgeries, such as robotic hysterectomy and surgical interventions, are gaining popularity due to their precision and safety. Hence, such factors are driving the market in North America during the forecast period.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing prevalence of chronic diseases is notably driving market growth. In the realm of healthcare and oncology treatments, the implementation of advanced medical imaging systems, specifically robotic ones, is gaining significant traction. These systems offer doctors and healthcare facilities the capability to deliver precise diagnoses and treatments for various conditions, including lung lesions and complex tumors.
This cutting-edge technology empowers surgeons to perform intricate surgeries in neurosurgery, urology, and abdominal surgery with unparalleled precision. As the prevalence of chronic diseases continues to rise, creating a public health crisis, the need for efficient and effective medical imaging systems becomes increasingly important. Thus, such factors are driving the growth of the market during the forecast period.
Technological innovations is the key trend in the market. The non-invasive surgeries market is experiencing significant expansion, leading to the emergence of advanced imaging systems equipped with innovative platforms and heightened durability. These developments will enhance the precision of non-invasive surgical procedures throughout the forecast period. Siemens Healthineers, a leading medical imaging solutions provider, is among the companies introducing high-definition (HD) systems, which offer doctors high-resolution images for extremely precise diagnoses.
Cutting-edge technologies in HD systems, such as confocal micro-endoscopy, narrow band imaging, and fiber optics, are revolutionizing medical imaging. In the field of lung health, HD systems enable accurate examination and viewing of lung lesions during transbronchial lung biopsies. Endoluminal robotics, a single robotic solution, is transforming urology, neurosurgery, and abdominal surgery by providing doctors with 3D imaging devices for precise diagnoses and effective treatment. Thus, such trends will shape the growth of the market during the forecast period.
High costs associated with robotic imaging systems is the major challenge that affects the growth of the market. In the realm of medical imaging, robotic systems have emerged as a pioneering technology, providing precise diagnoses for various health conditions. Siemens Healthineers, a leading innovator in this field, manufactures advanced 3D imaging devices, such as endoluminal robotics, which facilitate minimally invasive procedures like transbronchial lung biopsy for lung lesions. These cutting-edge technologies offer doctors and surgeons unparalleled accuracy and flexibility in diagnosing and treating complex cases.
However, the high production costs associated with these systems pose a challenge, particularly for healthcare facilities in developing countries. The integration of advanced solutions that enable multiple tests to be conducted using a single robotic solution further increases the overall cost. Additionally, reduced reimbursements for medical imaging solutions have impacted investments in robotic systems. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AdEchoTech: The company offers product named Melody, for ultrasound solution, remote handling of ultrasound probe, real time communication and robotic arm manipulation.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The healthcare sector has witnessed significant advancements in technology, with medical imaging systems playing a pivotal role in disease diagnosis and treatment planning. The market for these systems, particularly robotic medical imaging, is experiencing steady growth due to several factors. These include the increasing prevalence of chronic diseases, the need for non-invasive diagnostic procedures, and the integration of artificial intelligence and machine learning algorithms for enhanced image analysis. Robotic medical imaging systems offer several advantages over traditional imaging methods. They provide high-precision imaging, enabling early and accurate diagnosis. These systems also offer improved patient comfort, as they often require less patient preparation and positioning. Additionally, they offer increased efficiency, reducing the need for repeated imaging and minimizing wait times for patients.
The market for robotic medical imaging systems is expected to grow at a steady pace in the coming years. Factors driving this growth include the increasing adoption of these systems in hospitals and diagnostic centers, the development of advanced imaging technologies, and the growing demand for non-invasive diagnostic procedures. Furthermore, the integration of telemedicine and remote monitoring technologies is expected to provide new opportunities for the growth of this market. In conclusion, the market is poised for significant growth in the coming years, driven by factors such as the increasing prevalence of chronic diseases, the need for non-invasive diagnostic procedures, and the integration of advanced technologies. These systems offer several advantages over traditional imaging methods, including high-precision imaging, improved patient comfort, and increased efficiency. The market is rapidly evolving, driven by advancements in medical robotics technology. Innovations such as 3D imaging devices and robotic-assisted sensing bronchoscopy biopsy enhance diagnostic accuracy. Healthcare professionals benefit from education and training programs that promote patient and provider acceptance of these systems. Key components include diagnostic robotic systems and telepresence robotic systems, which ensure efficient imaging and patient care. Furthermore, the integration of safety protocols and rigorous testing procedures underscores the long-term value of these technologies in both elective and nonessential surgical procedures. From hospital robotic systems to pharmacy robotic systems, this market is set to revolutionize healthcare delivery.
Market Scope |
|
Report Coverage |
Details |
Page number |
151 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 14.8% |
Market growth 2024-2028 |
USD 662 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
12.6 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 47% |
Key countries |
US, Germany, Canada, UK, and China |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AdEchoTech, Brainlab AG, Digisens AG, General Electric Co., Globus Medical Inc., Hitachi Ltd., Intuitive Surgical Inc., Johnson and Johnson Services Inc., KUKA AG, Medirob AB, Medtronic PLC, MGI Tech Co. Ltd., Neocis Inc., NovaSignal Corp., Perfint Healthcare Corp., Renishaw Plc, Siemens AG, Stereotaxis Inc., Synaptive Medical Inc., Titan Medical Inc, and Zimmer Biomet Holdings Inc. |
Market dynamics |
Parent market analysis, market report , market forecast , Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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