Medical Robots Market report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Medical Robots market. The report covers the competitive data analysis of the emerging and prominent players of the market. Along with this, it provides comprehensive data analysis on the risk factors, challenges, and possible new market avenues.
Medical robots market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 43.22 billion by 2028 and will grow at a CAGR of 22.3% in the above mentioned forecast period.
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The medical robots market is predictable to witness significant growth owing to high demand for consistent and accurate processes which is increasing the investment in the healthcare sector. In addition, acceleration for the paradigm shift and automation in the standard of living as well as the rapid increase in the applicability of robot-assisted training in rehabilitation are also contributing to rising in the global market. Also the increase in chronic health conditions is also the key factor flourishing medical robots market trends over the forecast period of 2021 to 2028. Likewise, the increased disbursements and high funding for medical robot startups are also exceedingly influencing the growth of the medical robots market. Also, medical robots have gained the extensive approval by a different range of fields such as interventional craniological surgery, neurological surgery, and orthopedic surgery which is also highly impacting the growth rate of the target market
Regional expansion and strategic acquisitions utilized by the manufacturers:
- In February 2019, Johnson & Johnson Services, Inc. announced that they had agreed to acquire Auris Health for USD 3.4 billion, with additional USD 2.35 billion agreed in the deal as milestone payments depending on certain targets. This acquisition will help Johnson & Johnson improve their medical devices offerings which will be able to offer safer surgical procedures and solutions to hospitals and patients
- In November 2018, Panasonic Corporation announced that they will launch two of their assisted robots for the Indian market by early 2019. The robots include a robot which will assist users in carrying luggage while the other one is a walk-assisting robot which will be initially launched for hospitals. These robots are set to be provided to hospitals before indulging in consumer sales. The company is looking to invest heavily in the region with in-region production facilities which will supply company’s products across the entire Asia-Pacific countries
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Medical Robots market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Medical Robots market.
The Report Highlights
- Historic and forecasted Medical Robots market size in terms of revenues & unit sales, average selling price, growth rates, and company market shares.
- Highlights and compares key application/product categories for growth trends and revenue forecast.
- Medical Robots Market size, revenue and unit sales according to each region
- Cross category comparison – Growth and revenue comparison for product categories, historic and forecast through 2028.
- Medical Robots Market share of top key players
- Current trends and recent Developments
Some of the major players operating in market are Intuitive Surgical, Stryker, Hocoma, Mazor Robotics, CMR Surgical Ltd, Auris Health Inc., Accuray Incorporated, Omnicell Inc., ARxIUM, Ekso Bionics, Capsa Healthcare, TransEnterix Surgical Inc., Stereotaxis Inc., ReWalk Robotics, Titan Medical Inc., Medtech SA, Aethon, Medrobotics Corporation, InTouch Technologies Inc., McKesson Corporation, Renishaw plc., Varian Medical Systems Inc., OR Productivity PLC and Siemens Healthcare GmbH.
The market is witnessing a growing CAGR due to the wide-spread preference of individuals to undergo minimally invasive surgical procedures. This preference of patients has induced the need for certain innovations and advancements in technology of medical devices requiring better operational efficiency as well as accuracy. This demand for innovations is also one of the major factors behind the wide-spread adoption of medical robots which exhibit significantly high accuracy than traditional medical devices promoting their effectiveness in hospitals whether that be for surgeries, diagnosis or assistance of surgeons.
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The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry.
The report delivers radical data about the competitive landscape of the Medical Robots industry and a thorough bifurcation of the regions where the Medical Robots market has established a significant footing.
The report studies the following companies in detail: Stryker Corporation, Intuitive Surgical, Mazor Robotics, Omnicell, Kirby Lester, Hocoma, Medtronic, Esko Bionics, Johnson & Johnson, and ARxIUM, among others.Radical Highlights of the Medical Robots Market Report:The research report provides an accurate analysis of the product range, application spectrum, regional analysis, and competitive landscape of the Medical Robots industry.
The market is categorized on the basis of the types into Surgical Robotic Systems, Assistive & Rehabilitation Systems, Hospitals & Pharmacy Robotic Systems, Non-Invasive Radiosurgery Robotic Systems, Accessories and others.
The report offers key details about the production volume and price analysis.The report further provides key insights into the market share held by each product and application in the Medical Robots market.
The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.The report explains the market share and sales volume of each company, along with the key details of the operations of these companies.
The Global Medical Robots Market report, published by Reports and Data, includes a multi-disciplinary approach towards the Medical Robots industry for the complete analysis of the current market scenario, from the historical year of 2017 to the forecast year of 2027.
The comprehensive analysis offers insightful data to assist businesses in leveraging the lucrative growth opportunities in the Medical Robots industry.The report offers a closer view of the leading manufacturers and suppliers engaged in this sector, with special focus on their market positions, pricing analysis, product portfolio, gross revenue, profit margins, sales network, and distribution channels.
The insightful data offered by the study has been derived through primary and secondary research methodologies that provide precise market estimations on both global and regional levels.
Furthermore, our team of analysts has made use of effective analytical tools to compile essential facts and figures and gauge revenue estimations for the forecast duration.The report is furnished with an all-encompassing study of the current scenario of the Medical Robots market, which is reeling from the impact of the COVID-19 pandemic.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2936 Global Medical Robots Market Segmentation For the purpose of this report, Reports and Data have segmented the global medical robots market on the basis of product type, application, end-users, and region:Product Type Outlook (Revenue, USD Million; 2017-2027)Surgical Robotic SystemsAssistive & Rehabilitation SystemsHospitals & Pharmacy Robotic SystemsNon-Invasive Radiosurgery Robotic SystemsAccessoriesOthersApplication Outlook (Revenue, USD Million; 2017-2027)OrthopedicsLaparoscopyNeurologyPharmacyOthers End-Users Outlook (Revenue, USD Million; 2017-2027)HospitalsAmbulatory Surgical CentersPharmaceutical & Biotechnology IndustriesOthers Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2936 Global Medical Robots Market – Regional LandscapeThe Medical Robots market report contains an all-inclusive assessment of the prevailing growth opportunities in the leading regional segments of the market.
Besides, the report closely investigates the estimated revenue shares of these regions over the forecast period.
