The International Medical Robotics Market is expecting a lavish growth of 20.8% during forecasted period of 2017-2023. Medical Robots are the remote operated machines used in medical science. They are used in different segments of healthcare. Medical robotics has provided more accuracy and perfection for the treatment. Different surgical procedures like cardiothoracic procedures, general surgical procedures, urological procedures and many more are conducted with the assistance of medical robots. Complex surgeries become easier and the success rate of treatment also increases with the use of this technology. The key driving factor for the growth of this market is increasing demand for more accurate surgeries to leave no room for human errors and ensure precision. Besides increasing prevalence of diseases, lots of opportunities in the field of medical robotics, growing hospital investments in improving the technology and increasing funding for the medical robotics is also contributing to the growth of the market. Although, Robotics surgeries and treatment is very expensive and high cost of maintenance can restrain the growth of the market.
Medical Robotics Market Segmentation:
Global Medical Robotics Market is segmented on the basis of products into medical robotic systems, rehabilitation services, hospitals and pharmacies, accessories and others. Medical surgical robotic system are further segmented into neurosurgical robotic systems, orthopaedic robotic systems, laparoscopy surgical robotic systems and other. Rehabilitation services are further segmented into prosthetic robots, orthotics robots, assistive robots, therapeutic robots and other. Hospitals and pharmacies are further segmented into pharmacy robot, I.V. robots and other. On the basis of application the market is segmented into cardiology, neurology, laparoscopy, rehabilitation, and other.
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Medical Robotics Market Regional Analysis:
On regional basis, America dominates the global medical robotics market. America holds over 40% of total market owing to increasing demand for the robot-assisted surgeries, well developed healthcare infrastructure and high healthcare expenditure. Increasing need of automation and advanced devices has also contributed in the growth of the market. Europe has the second largest market which is followed by Asia Pacific. Due to presence of huge opportunities for development of market and continuously improving healthcare infrastructure are the key factor for the growth of the Asia Pacific market.
Key Players For Global Robotics Market:
Stryker Corporation (US), Smith & Nephew Ltd. (UK), Aethon Inc. (US), Intuitive Surgical, Inc. (US), Intouch Health Technologies, Inc. (US), Varian Medical System, Inc. (US), Medtech SA (France), Titan Medical, Inc. (US), Ekso Bionics Holdings, Inc. (US), ReWalk Robotics (Israel), Medrobotics Corporation (US), KUKA Roboter GmbH (Germany), Kinova (US), Myomo Inc. (US), Carefusion Inc.(US), Hocoma AG (Switzerland), Mazor Robotics Ltd. (Israel), Hansen Medical, Inc. (US), Transenterix, Inc. (US), ZOLL medical corp (US), Auroba biomed Inc. (US)
Major TOC Global Medical Robotics Market Research Report- Forecast to 2023:
1 Report Prologue
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
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