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- 14 February 2020 21:56
Medical Robots Market: 2019 Industry Analysis, Size, Trends, Growth and Forecast 2030 - Intuitive Surgical, iRobot, Mazor Robotics
The global medical robots market is estimated to be over US$ 6.0 Bn in 2018. It is anticipated to grow at a 20.6% CAGR from 2019 to 2030.
Medical robots are the robots that are used in hospitals and medical institutions to perform highly complex surgeries. Robots can be utilized as surgical assistants to surgeons that perform minimally invasive procedures. Rehabilitation robots play an important role to recover patients with disabilities. Moreover, robots are able to disinfect and clean the room from any microbes and viruses. Additionally, the biggest benefit of using medical robots is precision and speed.
The global medical robots markets is driven by innovation and technological advancements which have played a vital role in contributing to the growth of this market. Due to innovation and technological advancements, patients are benefited in terms of shortened recovery time and reduced pain after surgery. Moreover, the companies are focusing on fund raising to strengthen the medical robots market for long run. However, safety concerns over robotic surgeries are likely to restrain the market.
Major Key Players of the Medical robots Market are:
Intuitive Surgical, iRobot, Mazor Robotics, Auris Health, Accuray, Ekso Bionics Holdings, Arxium, Kirby Lester, Stereotaxis, Titan Medical among others
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Medical Robots Market by Product:
On the basis of product, the medical robots market is segmented into surgical robotic systems, rehabilitation robotic system, hospital and pharmacy robotic systems, noninvasive robotic surgery systems and other robotic systems. The surgical robotic systems are further divided into laparoscopic robotic systems, orthopedic robotic systems and, neurosurgical robotic systems. The surgical robotic system segment is estimated to account for the largest share in medical robots market owing to its high adoption by multispecialty hospitals. The rehabilitation robotic systems are also classified into therapeutic robotic systems, assistive robotic systems, exoskeleton robotic systems and other rehabilitation robotic systems. The hospital and pharmacy robotic systems are further classified into pharmacy robotic systems and IV robotic systems.
Medical Robots Market by Application:
In terms of application, the medical robots market is segmented into laparoscopy, orthopedic surgery, pharmacy applications, neurosurgery and other applications. During the forecast period, the neurosurgery segment is expected to reflect the highest CAGR.
Medical Robots Market by Region:
The global medical robots market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of medical robots, followed by Europe and Asia Pacific. North America will continue to dominate the global medical robots market in the forecast period owing to factors such as increasing adoption of minimally invasive procedures, availability of wide range of treatment options, and technological advancements among others. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, Korea, Japan and India. Factors such as advanced surgical procedures, minimum health risks, fastest recovery and increasing accuracy of medical robots are likely to attract patients from different parts of the world.
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Medical robots Market Size
2.2 Medical robots Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Medical robots Market Size by Manufacturers
3.2 Medical robots Key Players Head office and Area Served
3.3 Key Players Medical robots Product/Solution/Service
3.4 Date of Enter into Medical robots Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Medical robots Sales by Product
4.2 Global Medical robots Revenue by Product
4.3 Medical robots Price by Product
5 Breakdown Data by End User
5.2 Global Medical robots Breakdown Data by End User
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In the end, Medical robots industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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