The Medical Robots market is projected to reach US$ 28,776.5 million by 2025 from US$ 5,740.8 million in 2017; it is expected to grow at a CAGR of 22.3% from 2017 to 2025. The Medical Robots market is projected to reach US$ 28,776.5 million by 2025 from US$ 5,740.8 million in 2017; it is expected to grow at a CAGR of 22.3% from 2017 to 2025.
The Medical Robots market is projected to reach US$ 28,776.5 million by 2025 from US$ 5,740.8 million in 2017; it is expected to grow at a CAGR of 22.3% from 2017 to 2025.
Medical robots allow surgeons to dexterously manipulate surgical instruments or catheters inside the patient’s body during minimally invasive surgeries. Robotic technology has produced useful tools for rehabilitation, surgery, and medical training, as well as new and improved prosthetics and assistive equipment for disabled individuals. Future applications of robotic technology will continue to provide advances in these and other areas of medicine. The most significant role of medical robots will most likely be to perform otherwise impossible tasks, such as enabling new microsurgery procedures by providing high-dexterity access to small anatomical structures, integrating imaging modalities into the OR, providing functional replacements for lost limbs, and enabling new human-machine interfaces and techniques for delivering neuro-rehabilitation therapy.
The medical robots market is segmented on the bases of product, application, end user, and geography. By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. The report offers insights and in-depth analysis of the market, emphasizing on parameters such as market trends, technological advancements, and market dynamics along with the analysis of competitive landscape of world’s leading market players.
Request for sample at: https://www.theinsightpartners.com/sample/TIPHE100000816/
Key Findings from The Medical Robots Market
Based on application, the medical robots’ market is segmented into laparoscopy, neurology, orthopedics, gynecology, urology, cardiology, and others. The laparoscopy segment held the largest market share in 2017, and it is further expected to be the largest shareholder in the market by 2025. The robot-assisted laparoscopy has been widely adopted in emergence of data supporting efficacy and safety. Owing to all the above mentioned factors, the laparoscopy market is likely to grow in the coming years.
Based on end user, the medical robots’ market is segmented into hospitals and ambulatory surgical centers. The hospitals segment held the largest market share in 2017, and it is further expected to be the largest shareholder in the market by 2025.
Most of the surgeries are being performed in hospitals, owing to the continuous patient care and monitoring. Rising prevalence of various diseases, increasing number of hospitals across the globe, and rapid growth of various surgical procedures are primarily attributed the growth of this segment in the medical robots’ market in the coming years.
Key industry players operating in the field of medical robots across the globe include Intuitive Surgical, Inc., Stryker, Hocoma AG, Mazor Robotics Ltd., Hansen Medical, Inc. (Auris Surgical robotics), Accuray Incorporated, Omnicell Inc., Arxium, EKSO Bionics Holdings, Inc., and Kirby Lester, LLC among others.
Increasing Training Programs for Robotic Surgeries Drives Medical Robots Market Growth
There have been increase in the use of the robots in every functional areas of the healthcare such as surgeries, therapies, rehabilitation, pharmacy dispensing, sanitation and more. The advantages offered by the medical robots are benefiting the people in various ways that is enabling them to enhance their workflow and work efficiency. The use of the surgical robots is increased in the by the defense, so that the soldiers could utilizes the advantages. Hence the training for the defense people to use the medical robots is rising. For instance, in America the Air Force Medical Service is providing training to its surgical teams for using the latest technology. In addition, it is ensuring patients should have access to the most cutting-edge surgical procedures for the best possible results. In addition, another instance of the training is seen in Europe where The Society of European Robotic Gynecological Surgery (SERGS) sets trial curriculum for standardizing the education for robot-assisted laparoscopic gynecological surgery.
The conference was first held in 2017, in which approximately 1000 delegates were hosted from every field of medical which included surgical consultants, anesthetists, nurses, allied health, junior medical officers, researchers and medical students, as well as administration and industry professionals. Furthermore, the third Sydney Robotics Summit is expected to be organized in June 2019. Thus, considering the training and educating programs for the medical robotics is likely to drive the market in the forecasted period.
Rise in The Developments for Medical Robots in Asia Contributes Significantly to Market Growth
The use of the technologically advanced robots has transformed the healthcare in the developed regions such as North America and Europe. The use of the medical robots is increasing the Asian region. The use of the robots is already seen in every industry such as military and agriculture to consumer products. However, the companies into medical devices are seeking opportunities to develop the medical robots. Asian governments and companies have initiated investing their own developments for the medical robots. After the first FDA approval for the da Vinci systems it took several years for the Asian companies to enter the market with their innovations. For instance, the Tianjin University, based in China develop a surgical robot which is known as Micro Hand S. The system is under the clinical trials for human since 2014 to 2015. The results were positive and the surgeons in China are required to go through general training before they are using the surgical robot in operations.
Place an Order Now: https://www.theinsightpartners.com/buy/TIPHE100000816/
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
We are committed to provide highest quality research and consulting services to our customers. We help our clients understand the key market trends, identify opportunities, and make informed decisions with our market research offerings at an affordable cost.
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email- sales@theinsightpartners