Medical robots help doctors and surgeons to perform their operations more precisely. These are used in medical applications as surgical robots, laboratory robots, telesurgery, remote surgery & others. The global medical robots market was valued at $XX billion in 2017 and expected to reach $XX billion by 2025 with a CAGR of XX% during the forecast period from 2019-2025. The factors like technological advancements in medical robots increase in funding for medical robots research, issuance of IPOS by medical robot companies & advantages offered by robot-assisted training in rehabilitation therapy are driving the market growth. The factors that are hampering the market growth are safety concerns over robotic surgery devices & high cost of robotic systems. Increasing patient preference for minimally invasive surgeries & rapid growth in the geriatric population are creating opportunities for market growth.
Research Study Objectives:
- Define, estimate, and forecast the Medical Robots market statistics by product, by application and regions concerning the individual growth drivers, market trends and their contribution toward the Medical Robots market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Medical Robots Market Analysis
- Analysis and conclusions on the future Medical Robots market outlook.
Top-down and bottom-up approaches are used to validate the Medical Robots Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers,
Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Medical Robots Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Medical Robots market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Medical Robots market segmentation is as follows:
By Product
- Instruments & Accessories
- Robotic Systems
- Surgical Robotic Systems
- Laparoscopy Robotic Systems
- Orthopaedic Robotic Systems
- Neurosurgical Robotic Systems
- Rehabilitation Robotic Systems
- Therapeutic Robotic Systems
- Assistive Robotic Systems
- Exoskeleton Robotic Systems
- Other Rehabilitation Robotic Systems
- Hospital & Pharmacy Robotic Systems
- Pharmacy Robotic Systems
- IV Robotic Systems
- Noninvasive Radiosurgery Robotic Systems
- Other Robotic Systems
By Application
- Laparoscopy
- Orthopaedic Surgery
- Pharmacy Applications
- Neurosurgery
- Other Applications
Geographical Analysis:
Medical Robots Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia
& New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Medical Robots Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Medical Robots Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Medical Robots market players, such as
- Stryker Corporation
- Hocoma AG
- Mazor Robotics Ltd
- Omnicell Technologies, Inc.
- Intuitive Surgical Corporation
- Along with these companies, many other companies are considered in the report while analysing the Global Medical Robots competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
