South America Medical Robotic System Market – Size, Trends and Forecast (2024

South America Medical Robotic System Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Medical robots are specially designed robots which can tackle various tasks associated with medical sciences. This refers that ranging from their usage in surgeries, to usage od few robots as a receptionist in various hospitals around the world. Pepper is a receptionist at a Belgium Hospitals. These medical robots are being used in various applications like in neurosurgeries, microsurgeries, radiology, emergency response and prosthetics in non-medical applications of hospitals. Apart from these, they are even used in applications like endoscopy. Usage of these Medical Robots has helped in making and taking out tasks in a more precise way, than a human surgeon. Also, these robots have significant usage especially in the emergency situations when human surgeons are unavailable.

South America Medical Robotic System Market Segments Size & Growth:

Global Medical Robotics Systems Market is expected to grow with a CAGR of XX% throughout the forecast period and is anticipated to reach XX Billion by 2024. Increase I ageing populations, increase in investments for medical robots in hospitals, growing advances in technology, the rise in patients’ preference for minimally invasive surgeries and others are considered as major factors contributing all together for dynamic growth of the Medical Robotic System Market. However, Uneven reimbursement, the high cost of robotic system equipment, lack of concern among people, lack of technical professionals and others are considered as major challenges that the growth of the market is facing. And also rise in safety concern over various

South America Medical Robotic System Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

robotic surgeries is considered as a major restraint for the growth of the market.

South America Medical Robotic System Market Segments Share:

Based on the component, this market is segmented as a software platform, visualisation system, power sources, locomotion systems, user interface, safety systems and others. Depending on the product type, this market is segmented into Instruments and accessories, Medical Robotics Systems, Surgical Robotics, Rehabilitation Robotic system, Non-invasive Radiosurgery Robotic Market, Hospital and Pharmacy Robotic System and others. Surgical Robots can be furtherly divided as Laparoscopy Robotic Systems, Orthopaedical Robotic System, Neurosurgical Robotic System and Steerable Robotic System and others. In the same way, rehabilitation robots are divided into Therapeutic robotic systems, Prosthetic robotic System, Assistive Robotic System, Orthotic Robotic System, Exoskeleton Robotic System and others. Pharmacy Robotics System, IV Robotics Systems, Telemedicine Robotics and others come under the subclassification of Hospital and Pharmacy Robotic Systems.

Depending upon applications, this market is segmented as Orthopaedics, Neurology, Special Education, Laparoscopy, Special Education, and others. Among various applications which are available, it is expected that neurology will be with the highest CAGR. And also along with it, Laparoscopy is also predicted to have large market share during this forecast period. Based on geography, the market in South America is expected to grow with a moderate CAGR during the forecast period.

South America Medical Robotic System Market Trends:

Amis Surgical Robotics, confounded by Super Star Fred Moll, has quietly closed on a ton of money.
CE mark is being received by Vinci which is a Robotic-Assisted Surgical System by Intuitive Surgical Inc. due to its provision of advanced robotic-assisted surgery technology at a lower cost.

South America Medical Robotic System Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

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 in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players in the South America Medical Robotic System Market are:

Intuitive Surgical, Inc.
Stryker Corporation
Omnicell, Inc.
Stanmore Implants Worldwide
Renishaw Plc.
Titan Medical Inc.
Medrobotics Corporation
Rewalk Robotics
Siemens Healthcare

Along with these companies, there were many other companies considered/cited in the report while analysing the South America Medical Robotic System Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

of money. CE mark

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South America Medical Robotic System Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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