According to Goldstein Research, “Robots assisted surgeries are gaining immense popularity across the globe due to its flexibility, precision, and control assistance. Improved surgical facilities with the help of medical robots are fuelling the expansion of global medical robotics market. NeuroArm, Zeus Robotic Surgical System and MAKOplasty are some of the popular surgical robots.”
Global medical robotics market is segmented on the basis of product type such as surgical robots, rehabilitation robots, non-invasive radio-surgical robots and hospital & pharmacy robots. Increasing adoption of surgical robotic systems in hospitals is raising the demand for surgical robots across the globe. Surgical robotics segment accounted for 42% of market share in 2016. With the improving healthcare and infrastructure facilities, hospital & pharmacy robots are also likely to gain significant growth during the forecast period.
Europe medical robotics market anticipated to grow at a CAGR of 22.0% over the forecast period. France, U.K and Germany are accounted for the largest share of Europe medical robotics market. Rising adoption for surgical robots in countries such as Belgium, Hungary and Sweden is expected to boost the market for medical robotics in Europe.
Shaping up robotic future for medical services
Introduction of robotic nurses is improving the patient care service segment. Robots which can lift up or set down patients from bed or wheelchair is gaining immense popularity. RIBA (Robot for Interactive Body Assistance) which is developed by Japanese research institute RIKEN and Tokai Rubber Industries is an innovative solution for providing quality services to patients.
“Global Medical Robotics Market Outlook 2024” contains detailed overview of the global medical robotics market in terms of market segmentation by product type and by application.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global medical robotics market also provides competitive outlook of some of the major players of the global medical robotics market which includes profiling of companies such as Titan Medical Inc., Medtronic, Stryker Corporation, TransEnterix Inc., Medtech, Abbot Diagnostics, Aurora Biomed, Irobot Corporation, Intuitive Surgical, Hansen Medical, Mazor Robotics, Kirby Lester LLC, Accuray Incorporated, Ekso Bionics Holdings, Inc., Hocoma AG, Omnicell, Inc., CareFusion, Biotek Instruments and Rewalk Robotics. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global medical robotics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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