With the rapid development and in-depth application of artificial intelligence, intelligent sensing and other technologies, the mainland medical robot industry is entering a stage of leapfrog development, and the future development space of the industry is huge.
1. Definition of medical robots
Medical robots refer to robots used in hospitals, clinics, medical or paramedical. It is an intelligent service robot, which can independently compile the operation plan, determine the action program according to the actual situation, and then turn the action into the movement of the operating mechanism, which greatly improves the work efficiency of medical personnel. The general classification of medical robots is shown in the figure:
Source: Compiled by China Business Industry Research Institute
Second, the development policy of the medical robot industry
In recent years, the mainland has issued a series of important policy documents to promote the transformation and upgrading of China's manufacturing, and the medical field is an important area of people's livelihood, and the support for the R&D and production of medical robots has always been the focus of major policy documents. With the continuous introduction of favorable policies, the mainland medical robot industry is entering a stage of rapid development.
Third, the development status of the medical robot industry
1. The size of the medical robot market
The rapid development and in-depth application of artificial intelligence, intelligent sensing and other technologies have provided strong technical support for medical robots, and the rapid development of the medical robot industry in mainland China has led to an increasing market scale. According to the "2024-2029 China Medical Robot Industry Analysis and Development Forecast Report" released by the China Business Industry Research Institute, the scale of China's medical robot market will reach 10.8 billion yuan in 2023, with an average annual compound growth rate of 25.74% in the past five years. Analysts at the China Business Industry Research Institute predict that the size of China's medical robot market is expected to exceed 14 billion yuan in 2024.
Data source: China Commercial Industry Research Institute
2. Surgical robots
In recent years, the state has vigorously supported the development of innovative medical devices, and surgical robots are rapidly popularized in domestic hospitals as a key development support direction. According to the "2024-2029 Global and China Surgical Robot Industry In-depth Research Report" released by the China Business Industry Research Institute, the scale of China's surgical robot market will reach about 7.17 billion yuan in 2023, with an average annual compound growth rate of 27.54% in the past five years. Analysts at the China Business Industry Research Institute predict that the size of China's surgical robot market will reach 11.84 billion yuan in 2024.
Data source: Frost & Sullivan, China Business Industry Research Institute
3. Rehabilitation robots
Driven by the active promotion of national policies and the growth of social demand, the rehabilitation medical device industry has achieved rapid development, and the market size of rehabilitation robots is expected to continue to expand in the future. According to the "2024-2029 China Rehabilitation Robot Industry Analysis and Development Forecast Report" released by the China Business Industry Research Institute, the market size of China's rehabilitation robots will reach about 1.39 billion yuan in 2023, a year-on-year increase of 25.2%. Analysts at the China Business Industry Research Institute predict that the market size will exceed 2 billion yuan in 2024.
Data source: China Commercial Industry Research Institute
4. Investment and financing
In recent years, China's medical robot industry has been favored by capital, and financing events have occurred frequently, with the number of investment and financing in the medical robot industry reaching 44 in 2023, and the disclosed financing amount will reach 7.762 billion yuan. In the first half of 2024, the number of investment and financing will reach 5, and the disclosed financing amount will reach 1.1 billion yuan.
Data source: IT orange, compiled by China Business Industry Research Institute
5. Enterprise layout analysis
With the continuous development of medical technology and the growing needs of patients, the medical robot industry will usher in a broader development prospect. There are many key companies in the medical robot industry, and these companies are in a leading position in terms of technological innovation, market share, and industry influence. Among them, the main enterprises include Harbin Gong Intelligence, TINAVI, Weigao Orthopedics, etc., as shown in the figure:
Fourth, the key enterprises in the medical robot industry
1. Hagong Intelligence
Jiangsu Hagong Intelligent Robot Co., Ltd.'s main business is intelligent manufacturing. Harbin Institute of Intelligent Intelligence has established an AI + image guidance + puncture positioning + robot technology platform, focusing on the research and development of miniaturized puncture robots used in various clinical application scenarios, and has successfully developed two self-decision-making blood collection robots for venous blood collection, which can accurately judge the patient's location, carry out accurate puncture, complete venous blood collection and other operations, mainly used for blood routine, biochemistry and other blood tests.
In the first quarter of 2024, the operating income will be 428 million yuan, a year-on-year increase of 29.31%; The net profit attributable to the parent company was 10 million yuan. In 2023, the main products include high-end equipment manufacturing and one-stop platform for robots, accounting for 98.43% and 1.57% of revenue, respectively
2. Wego Orthopedics
Shandong Weigao Orthopedic Materials Co., Ltd.'s main business is the research and development, production and sales of orthopedic medical devices, including orthopedic implantable medical devices and orthopedic surgical instruments. At present, the "Miaoshou" four-arm robot developed by Weigao is undergoing clinical registration, and it is expected to obtain the product registration certificate within two years, which will completely break the monopoly of the Da Vinci surgical robot in the field of medical surgical robots.
In the first quarter of 2024, the operating income was 348 million yuan, a year-on-year decrease of 10.77%; The net profit attributable to the parent company was 35 million yuan, a year-on-year decrease of 62.77%. In 2023, the main products include spine, joint, sports medicine and tissue repair, accounting for 36.81%, 22.48% and 17.65% of the total, respectively.
3. TINAVI
Beijing TINAVI Medical Technology Co., Ltd. is a leading enterprise in the domestic orthopedic surgical robot industry, and has always focused on the R&D, production, sales and service of orthopedic surgical navigation and positioning robots. The main products are orthopedic surgery navigation and positioning robots, supporting equipment and consumables, technical services, and professional engineering of surgery centers.
In the first quarter of 2024, the operating income will be 29 million yuan, a year-on-year decrease of 26.73%; The net profit attributable to the parent company was 10 million yuan. In 2023, the main products include orthopedic surgery navigation and positioning robots, ancillary equipment and consumables, and technical services, accounting for 67.24%, 20.32%, and 10.01% of the overall revenue, respectively.
4. Minimally invasive robots
Shanghai MicroPort Medical Robot (Group) Co., Ltd. was established on May 11, 2015. MicroPort Robotics is a first-tier surgical robotics company dedicated to the design, development and commercialization of surgical robots to assist surgeons in complex surgical procedures.
In 2023, the operating income will be 105 million yuan, a year-on-year increase of 384.15%; The net profit attributable to the parent company was 1.012 billion yuan.
At present, the medical robot products of MicroPort Robotics mainly include Toumai ® Laparoscopic Surgical Robot, Honghu ® Orthopedic Surgical Robot, Dragonfly Eye ® 3D Electronic Laparoscopy, MonaLisa Prostate Puncture Positioning System, 1.R-ONE Vascular Interventional® Surgery Robot, etc. The details are as follows:
5. Jingfeng Medical
Shenzhen Jingfeng Medical Technology Co., Ltd. was established on May 4, 2017. Jingfeng Medical is committed to the design, development and manufacture of surgical robots, focusing on minimally invasive surgical robots and instruments, and providing innovative solutions for surgical procedures.
Jingfeng Medical Medical Robot related products include multi-port laparoscopic surgical robot system, single-port endoscopic surgical robot system, and natural orifice surgical robot system.
Fifth, the development prospects of the medical robot industry
1. Policies are favorable for the development of the industry
In recent years, the state has issued a series of important policy documents to promote the transformation and upgrading of China's manufacturing, and the medical field is an important area of people's livelihood. For example, the "Notice on Printing and Distributing the Implementation Plan for the Application of "Robot +" and other documents propose to accelerate the breakthrough of robots and medical artificial intelligence in basic theories, common key technologies, innovative applications, etc., and promote the application of medical robots in hospital rehabilitation, telemedicine, health and epidemic prevention and other scenarios.
2. Technological progress drives the development of the industry
Medical robotics is making remarkable progress in the mainstream medical field at an unprecedented rate, and new applications and technologies are constantly emerging. Different types of medical robots, such as surgical robots, rehabilitation robots, assistance robots, and medical service robots, play an important role in their respective fields.
3. Market demand promotes the development of the industry
With the aging of the population and the increase in chronic diseases, the demand for medical robots is also increasing. Medical robots can reduce the workload of medical staff, improve the quality and efficiency of medical services, and meet the growing medical needs of patients.
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China's Medical Robot Industry" released by China Commercial Industry Research Institute, and China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industry research reports, industry white papers, industry status certificates, feasibility study reports, industrial planning, industrial chain investment map, industrial investment guidelines, industrial chain investment investigation & promotion meeting, "15th Five-Year Plan" and other consulting services.