The competitive market research study on Global Medical Robotics Market contains descriptions of the leading players including key financial metrics and analysis within the market. The report presents an in-depth assessment including the market’s growth across different geographic regions with a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
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The report additionally represents the present market size of the Global Medical Robotics Market and its development rates in view of chronicled information alongside company profile of key players/manufacturers. The in-depth information by segments of Medical Robotics Market helps monitor future profitability & to make critical decisions for growth.
The most widely known robot, da Vinci Surgical System, introduced two decades ago, has been used for more than 3 million minimally invasive procedures across various surgical specialties. Therefore, growing demand for minimally invasive surgical techniques, increased prevalence of chronic diseases, greater accuracy, enhanced motion range, detailed 3D view and better dexterity to surgeons aided through technological advancements are the key drivers for the growth of the Global Medical Robotics Market. However, the price of a single medical robot ranges from 1 million USD to 2.5 Million USD approximately, which accounts for a single robotic surgery to cost around 1200 USD to 2000 USD.
Approximately 400,000 robotic surgeries were performed across all types of surgery in the U.S. in 2012 and now the annual procedures volume is exceeding 500,000. Europe is second largest market for Medical Robotics and it is expected to generate new opportunity with product innovation and research and development breakthrough. Neuromate, a stereotactic robot by Renishaw PLC, is now been used in more than 10,000 neurosurgical procedures around the world. Asia Pacific Medical Robotics Market is witnessed with strong growth rate due to increasing approvals of robots for medical use in Japan, rising prevalence of cancers, rising number of hospital beds in India and funding collaborations across the Asian region. According the People’s Daily, by 2050 China’s senior citizen population (over 60s) will grow to more than 30% of the total population, up from about 12% today.
Key Market Vendors for the global Medical Robotics Market include Intuitive Surgical Inc., Stryker Corporation, Mazor Robotics, Titan Medical Inc., Renishaw Plc, Smith & Nephew plc, Hansen Medical Inc., MedRobotics, TransEnterix Inc., Verb Surgicals, Microbot Medicals, MedTech, Aethon, Aesynt, Innovation Associates, Ekso Bionics, Barrett Medicals, Cyberdyne, Xenex Technologies, Accuray Inc., Carefusion Inc., ReWalk Robotics, Carefusion Inc., Synaptive Medical, Intouch Health, Honda Robotics, Cyberdyne and others. These companies are using various strategies such as merger & acquisitions, collaboration, partnership and product launch to hold large market share.
Geographically Segmentation, On the basis of region, North America Country (United States, Mexico), Asia Pacific Country (China, Japan, India), Europe Country (Germany, UK, France), Latin America(Brazil), Middle East And Africa.
Product type Segmentation (Telepresence, Surgical Assistants (Orthopedic Surgical Robots, Neurosurgical Robotic Systems, Laparoscopy Robotic Systems, Cardiovascular Robotic Systems, Others), Rehabilitation (Assistive, Therapy, Others), Medical Transportation, Sanitation and Disinfection, Pharmacy automation (IV Robots, Dispensing Robots, Others)).
Application type Segmentation (Laparoscopy, Cardiology, Orthopedic, Neurology, Others).
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The Medical Robotics Market research and analysis center around developing business sector inclines and gives significant bits of knowledge to help market opportunities and create compelling techniques to improve positions. Apart from the mentioned information, graphs and tables to help understand market trends, drivers and market challenges. Additionally, usage wise and end-user wise consumption tables and figures of Medical Robotics Market are also given.