Medical Robotics is a multidisciplinary field which focuses on developing electromechanical devices for clinical applications. It is a comparatively adolescent field as its application was first recorded in 1985 for a brain biopsy. At the same time, the goal of this field is to facilitate new medical techniques by providing the new potential to the physicians by assisting with surgical procedures. As per Renub Research new report titled Global Medical Robotics Market will be USD 39 Billion by 2027.
The driving forces towards this market are the advancement of new technology. The demand for minimally invasive surgery is on the rise due to its advantages associated with its procedures say reduced pain, faster recovery, and fewer cuts. As per our research in the year 2018, on a gynaecological study of laparoscopy hysterectomy, the conversion rate of the robotics platform was less than 5% than straight stick laparoscopy to open surgery was 25%.
There is a huge demand of medical robots in the North American region due to high per capita income on health expenditure, rising prevalence of chronic diseases, a large pool of people inclination towards the minimally invasive surgical procedure, and a large number of patients suffering from a neurological disorder in this region.
Intuitive Da Vinci surgical robots have a large installed base and company continually focuses on its R&D’s and introduces newer surgical robots into the market during the forecast period. In this report, we have covered the recent developments and sales of 5 companies, Auris Surgical Robotics, Inc. (Hansen Medical Inc.), iRobot Corporation, Accuray Incorporated, Intuitive Surgical Inc. and Medrobotics Corporation.
COVID-19 Impact Analysis
The COVID-19 pandemic has changed many industries and lives on a large scale, and the medical robotics industry is not an exception. As such, approximately 28 million surgeries were cancelled during the pandemic. Due to this situation, the decline in the surgical procedures has led to a decline in sales and revenues of medical robots market and companies.
Renub Research report titled "Medical Robotics Market, Global Forecast by Products (Surgical Robotic Systems [General Surgery, Gynecology, Urology, Orthopedic, Others], Rehabilitation Robotic Systems [Therapeutic Robots, Exoskeleton Robots, Assistive Robots, Other Rehabilitation Robots], Hospital & Pharmacy Robotic Systems [Noninvasive Radiosurgery Robotic Systems, Other Robotic Systems]), Application (Orthopedic, Laparoscopy, Neurosurgery, Pharmacy, Others), Region (North America, Europe, Asia-Pacific’s, Rest of the world), Company (Intuitive Surgical Inc., Auris Surgical Robotics, Inc. (Hansen Medical Inc.), Accuray Incorporated, iRobot Corporation, Medrobotics Corporation)". This study provides comprehensive insights on market trends, forecast, key growth drivers, challenges and Merger/acquisition, financial insights on given companies.
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Medical Robotics has been divided into 3 Products, and it has been further divided into 11 sub-segments
• Surgical Robotic Systems
• Rehabilitation Robotic Systems
• Hospital & Pharmacy Robotic Systems
Product – Market breakup by 11 Sub-segments
• Surgical Robotic Systems
1. General Surgery
2. Gynecology
3. Urology
4. Orthopedic
5. Others
• Rehabilitation Robotic Systems
1. Therapeutic Robots
2. Exoskeleton Robots
3. Assistive Robots
4. Other Rehabilitation Robots
• Hospital & Pharmacy Robotic Systems
1. Non-invasive Radiosurgery Robotic Systems
2. Other Robotic Systems
Application - Market breakup by 5 viewpoints
• Orthopedic
• Laparoscopy
• Neurosurgery
• Pharmacy
• Others
Regions
• North America
• Europe
• Asia-Pacific
• Rest of World
All the key players have been covered from 3 Viewpoints
• Overview
• Recent Developments
• Revenue Analysis
Company Analysis
• Intuitive Surgical Inc.
• Auris Surgical Robotics, Inc. (Hansen Medical Inc.)
• Accuray Incorporated
• iRobot Corporation
• Medrobotics Corporation
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Medical Robotics Market Forecast by Products & Company Analysis
The report on the worldwide medical robotic system market gives subjective and quantitative examination to the period from 2018 to 2026.
The report predicts the worldwide medical robotic system market to develop with a CAGR of 19.06% over the estimated period from 2020-2026.
The examination of the clinical mechanical frameworks market covers the investigation of the main topographies, for example, North America, Europe, Asia-Pacific, and RoW for the time of 2018 to 2026.
The report on the medical robotic system market is a far-reaching study and show of drivers, restrictions, openings, request factors, market size, gauges, and patterns in the worldwide medical robotic system market over the time of 2018 to 2026.
Additionally, the report is an aggregate show of essential and optional exploration discoveries.
Watchman's five powers model in the report gives bits of knowledge into the serious contention, provider and purchaser positions on the lookout and openings for the new contestants in the worldwide medical robotic system market over the time of 2018 to 2026.
The latest trending report Global Robotics Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Robotics market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.5% in the forecast period of 2020 to 2025 and will expected to reach USD 27690 million by 2025, from USD 23220 million in 2019.The Robotics market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/18275-robotics-market-analysis-reportMarket segmentationRobotics market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Robotics market has been segmented into Industrial Robots, Service Robots for Professional, Service Robots for Personnel, etc.By Application, Robotics has been segmented into Military, Industrial, Commercial, Personal, etc.The report offers in-depth assessment of the growth and other aspects of the Robotics market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
It also throws light on the progress of key regional Robotics markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.The major players covered in Robotics are: FANUC, Nachi, KUKA, ABB, Kawasaki, Yaskawa, Mitsubishi, Panasonic, OTC, Epson, Ecovacs, Neato Robotics, Denso, LG, Proscenic, iRobot, Yamaha, Infinuvo(Metapo), Matsutek, Toshiba, Samsung, Sharp, etc.
Among other players domestic and global, Robotics market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately.Download Free Sample Report of Global Robotics Market @ https://www.decisiondatabases.com/contact/download-sample-18275The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Robotics product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Robotics, with price, sales, revenue and global market share of Robotics in 2018 and 2019.Chapter 3, the Robotics competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Robotics breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Robotics market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Robotics sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Robotics Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-18275All Robotics Related Reports by DecisionDatabases.com @ https://goo.gl/d7T49mAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
The report on the worldwide medical robotic system market gives subjective and quantitative examination to the period from 2018 to 2026.
The report predicts the worldwide medical robotic system market to develop with a CAGR of 19.06% over the estimated period from 2020-2026.
The examination of the clinical mechanical frameworks market covers the investigation of the main topographies, for example, North America, Europe, Asia-Pacific, and RoW for the time of 2018 to 2026.
The report on the medical robotic system market is a far-reaching study and show of drivers, restrictions, openings, request factors, market size, gauges, and patterns in the worldwide medical robotic system market over the time of 2018 to 2026.
Additionally, the report is an aggregate show of essential and optional exploration discoveries.
Watchman's five powers model in the report gives bits of knowledge into the serious contention, provider and purchaser positions on the lookout and openings for the new contestants in the worldwide medical robotic system market over the time of 2018 to 2026.
The latest trending report Global Robotics Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Robotics market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.5% in the forecast period of 2020 to 2025 and will expected to reach USD 27690 million by 2025, from USD 23220 million in 2019.The Robotics market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/18275-robotics-market-analysis-reportMarket segmentationRobotics market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Robotics market has been segmented into Industrial Robots, Service Robots for Professional, Service Robots for Personnel, etc.By Application, Robotics has been segmented into Military, Industrial, Commercial, Personal, etc.The report offers in-depth assessment of the growth and other aspects of the Robotics market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
It also throws light on the progress of key regional Robotics markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.The major players covered in Robotics are: FANUC, Nachi, KUKA, ABB, Kawasaki, Yaskawa, Mitsubishi, Panasonic, OTC, Epson, Ecovacs, Neato Robotics, Denso, LG, Proscenic, iRobot, Yamaha, Infinuvo(Metapo), Matsutek, Toshiba, Samsung, Sharp, etc.
Among other players domestic and global, Robotics market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately.Download Free Sample Report of Global Robotics Market @ https://www.decisiondatabases.com/contact/download-sample-18275The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Robotics product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Robotics, with price, sales, revenue and global market share of Robotics in 2018 and 2019.Chapter 3, the Robotics competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Robotics breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Robotics market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Robotics sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Robotics Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-18275All Robotics Related Reports by DecisionDatabases.com @ https://goo.gl/d7T49mAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.