For conducting flawless surgeries Medical robotic systems use robotics and automation for surgeries. The utilization of robots for straightforward use, for example, helps with surgical devices and endoscopy has now developed to a few applications. Today, these robotic systems are found in emergency reply, neurosurgeries, radiology, smaller scale surgeries, and prosthetics and in non-medicinal applications in a few doctor’s facilities. There are different sorts of medical robotic systems accessible in the market that are utilized for particular work as intended to take into account particular needs. The market is mushroomed with medical robots that are commercially available to carry out research and development on a large scale so as to introduce innovative technologies in them. With the help of robotic assistance it is proved that the outcome complex surgical procedures improve the danger of patient injury decays and the term of staying in the hospital decreases.
How Big is The Global Medical Robotic Systems Market?
The Global Medical Robotic System Market is expected to be around US$ 11 Billion by 2028 at a CAGR of 14.5% in the given forecast period.
The major driving factors of Global Medical Robotic System Market are as follows:
The restraining factors of Global Medical Robotic System Market are as follows:
The Global Medical Robotic System Market is segmented on the lines of its type, application and regional. Based on type segmentation it covers surgical robots, rehabilitation robots and biorobots. Based on application segmentation it covers neurosurgery, laparoscopy, orthopedic, others. The Global Medical Robotic System Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Global Medical Robotic System Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Medical Robotic System Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Global Medical Robotic System Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Accuray, Hansen Medical, Medrobotics Corporation, iRobot Corporation, Tital Medical, MAKO Surgical, Mckesson Corp., RenishawPlc, Stanmore Implants Worldwide, Esko Bionics. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Medical Robotic System Market has been segmented as below:
By Type Analysis:
By Application Analysis:
By Regional Analysis:
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Research
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Key Insights From Primary Sources
2.2.2.3 Key Industry Insights
2.3 Market Size Estimation Methodology
2.4 Market Data Validation and Triangulation
2.5 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Global Medical Robots Market Overview
4.2 Geographic Analysis: Medical Robots Market, By Type of Surgical Robotic System
4.3 Geographical Snapshot of the Market
4.4 Medical Robots Market, By Application (2016)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Advantages Offered By Robot-Assisted Training in Rehabilitation Therapy
5.2.1.2 Technological Advancements
5.2.1.3 Increase in Funding for Medical Robots Research
5.2.1.4 Issuance of Ipos By Medical Robots Companies
5.2.1.5 Growing Hospital Investments in Medical Robots
5.2.2 Restraints
5.2.2.1 Safety Concerns Over Robotic Surgery Devices
5.2.2.2 High Cost of Robotic Systems and Unjustified Cost Benefits of Robotic Surgeries
5.2.3 Opportunities
5.2.3.1 Rapid Growth in the Aging Population
5.2.3.2 Development of Nanorobots for Cancer Treatment
5.2.3.3 Rising Patient Preference for Minimally Invasive Surgeries
6 Industry Insights
6.1 Regulatory Assessment
6.1.1 Introduction
6.1.2 U.S.
6.1.2.1 FDA Device Classification
6.1.3 Europe
6.1.3.1 Environmental Protection Agency (EPA) Device Classification
6.1.4 Japan
6.1.4.1 PMDA Device Classification
6.1.5 China
6.1.5.1 CFDA Device Classification
6.1.6 India
6.1.7 Australia
6.1.7.1 ATG Device Classification
6.2 Product Pipeline Assessment
6.2.1 Introduction
6.2.2 Clinical Trials for Medical Robots
6.2.3 Upcoming Product Launches
7 Global Medical Robots Market, By Product
7.1 Introduction
7.2 Instruments and Accessories
7.3 Medical Robotic Systems
7.3.1 Surgical Robots
7.3.1.1 Laparoscopy Robotic Systems
7.3.1.2 Orthopedic Robotic Systems
7.3.1.3 Neurosurgical Robotic Systems
7.3.1.4 Steerable Robotic Catheters
7.3.2 Rehabilitation Robotic Systems
7.3.2.1 Therapeutic Robotic Systems
7.3.2.2 Assistive Robotic Systems
7.3.2.3 Prosthetic Robotic Systems
7.3.2.4 Orthotic Robotic Systems
7.3.2.5 Exoskeleton Robotic Systems
7.3.3 Noninvasive Radiosurgery Robotic Systems
7.3.4 Hospital and Pharmacy Robotic Systems
7.3.4.1 Pharmacy Robotic Systems
7.3.4.2 IV Robotic Systems
7.3.4.3 Telemedicine Robots
7.3.5 Other Robotic Systems
8 Medical Robots Market, By Application
8.1 Introduction
8.2 Laparoscopy
8.3 Orthopedics
8.4 Neurology
8.5 Special Education
8.6 Other Applications
9 Medical Robots Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.1.1 Advent of Telemedicine Robots to Address the Shortage of Healthcare Professionals in the U.S.
9.2.1.2 Increasing Medical Robot Purchases By Hospitals Backed By the Demand for Minimally Invasive Surgeries
9.2.1.3 Availability of Significant Funding From the Nih
9.2.1.4 Funding By the U.S. Department of Defense
9.2.1.5 Growing FDA Approvals
9.2.1.6 Grants From Nsf to Propel Research Activities
9.2.1.7 Rising Venture Capital Investments
9.2.2 Canada
9.2.2.1 Use of Robots in Pediatric Care
9.2.2.2 Government Support
9.3 Europe
9.3.1 EU5
9.3.1.1 Favorable Reimbursement Scenario in Germany
9.3.1.2 Presence of A Large Pool of End Users in Germany
9.3.1.3 Development of Affordable Robotic Prosthesis in France
9.3.1.4 Growing Robotics Market in France
9.3.1.5 Adoption of Pharmacy Robots in the U.K.
9.3.2 RoE
9.3.2.1 Introduction of Mind-Controlled Prosthetic Robotic Limbs in Austria
9.3.2.2 Continuous Support From Governments
9.4 Asia-Pacific
9.4.1 Nursing Robots to Address the Shortage of Care Workers in Japan, South Korea, and Hong Kong
9.4.2 Growth in the Number of Approvals for Use of Medical Robots in Japan
9.4.3 Rising Prevalence of Cancer in China
9.4.4 Foreign Partnerships and Growing Start-Up Companies in China
9.4.5 Growing Robotic Procedures Backed By Rising Number of Hospital Beds in India
9.4.6 Rising Adoption of Medical Robots in Asia
9.4.7 Funding and Collaborations
9.4.8 Training Programs in Australia
9.5 Rest of the World (RoW)
9.5.1 Introduction of Telemedicine Robots in Africa
9.5.2 International Workshops on Robotics in Brazil
9.5.3 Domestic Manufacturing of Surgical Robots in Iran
10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis
10.3 Competitive Situation and Trends
10.3.1 Marketing and Promotional Activities
10.3.2 Agreements, Collaborations, Joint Ventures, and Partnerships
10.3.3 Acquisitions
10.3.4 Product Launches
10.3.5 Expansions
10.3.6 Other Strategies
11 Company Profiles
11.1 Introduction
11.2 Intuitive Surgical, Inc.
11.3 Stryker Corporation
11.4 Hocoma AG
11.5 Mazor Robotics Ltd.
11.6 Hansen Medical, Inc. (A Wholly Owned Subsidiary of Auris Surgical Robotics)
11.7 Accuray Incorporated
11.8 Omnicell, Inc.
11.9 Arxium
11.10 EKSO Bionics Holdings, Inc.
11.11 Kirby Lester LLC
The Global Medical Robotic System Market has been segmented as below:
By Type Analysis:
By Application Analysis:
By Regional Analysis:
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