Medical Robotic System Market is Likely to Upsurge CAGR of 17.38% by 2030
Data Bridge Market research has a newly released expansive study titled “Global Medical Robotic System Market” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases surviving and success in the market.
Data Bridge Market Research analyses that the medical robotic system market, valued at USD 18.90 billion in 2022, will reach USD 68.10 billion by 2030, growing at a CAGR of 17.38% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Download PDF Sample Report (Including Graphs, Charts, and List of Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-medical-robotic-systems-market&Shri
Robotic rehabilitation therapy provides high-dose and intense training, making it beneficial for patients with motor disorders brought on by spinal cord disease or stroke. The end-effector and exoskeleton are the main components of robotic devices used for motor rehabilitation. The senior population is more susceptible to wounds and other conditions requiring surgical treatment through the pathological and psychological changes aging brings. Rising demand for precise laparoscopic surgeries and increased trauma injuries are the main factors driving market expansion. Additionally, it is anticipated that the market in emerging economies will be driven by rising per capita healthcare spending and developing medical equipment technology.
Medical robotic systems are advanced medical systems based on artificial intelligence principles and use robotics and automation during a medical procedure, as is evident from the name alone. The need and the surgical site are considered when designing a wide range of medical robotic systems. During a surgical procedure, robotic medical systems offer greater accuracy and precision.
Drivers
- Rising technological advancements
Rapid technological development in surgical technology and equipment has paved the way for the market’s expansion. Additionally, the market will continue to grow due to rising technological developments in areas such as 3D imaging, remote navigation, robotic catheter control systems (CCS), motion sensors, and others. Additionally, more products receiving FDA approval is anticipated to fuel market expansion during the forecast period.
- More accuracy drives the market growth
The increased demand for robotic minimally invasive surgeries is mainly attributable to their benefits, which include fewer cuts, smaller incisions, decreased pain, reduced scarring, higher levels of safety, and quicker recovery times. Furthermore, the procedures give the surgeons extremely sophisticated visualization abilities by using HD cameras to show microscopic structures. Thereby ensuring higher accuracy and greater control.
Recent Developments
- In 2022, An agreement between Titan Medical and Medtronic for a constrained development program was announced. According to the agreement, Titan Medical will use gynecological procedures as the initial application for its surgical robot. Medtronic will assess the effectiveness of Titan’s instruments and cameras in those procedures.
- In 2022, The U.S. Food and Drug Administration approved the integration of a mobile cone-beam CT (CBCT) imaging technology and the Ion Endoluminal System used for robotic-assisted bronchoscopy, according to Intuitive, a leading global technology company in minimally invasive care and the inventor of robotic-assisted surgery.
- In 2021, In North America, Renishaw announced that an agreement had been reached with Verisurf Software Inc. This aids the business in expanding technological advancement and its plan to support additional REVO sensors.
- In 2020, The top 20 global medical device company, which employs about 50,000 people, has placed an order with Robotic Assistance Devices (RAD), the company’s wholly-owned subsidiary, for what RAD anticipates will be the first of several HSO (Health Screening Option) units to be deployed at one of their client’s manufacturing facilities.
- In 2020, Digital Surgery, a leader in surgical artificial intelligence, data, and analytics, was acquired by Medtronic (U.S.). As a result, Medtronic’s portfolio and robot-assisted surgical platform have grown.
Some of the major players operating in the medical robotic system market are:
- iRobot Corporation (U.S.)
- Titan Medical Inc. (Canada)
- Hansen Technologies (Australia)
- Renishaw plc (U.K.)
- Intuitive Surgical (U.S.)
- Medtronic (Ireland)
- DENSO Robotics Incorporated (U.S.)
- Accuray Incorporated (U.S.)
- Stryker (U.S.)
- Varian Medical Systems, Inc. (U.S.)
- Stereotaxis, Inc. (U.S.)
- Ekso Bionics (U.S.)
- CYBERDYNE INC. (Japan)
- BIONIK (U.S.)
- Smith & Nephew plc (U.K.)
- Zimmer Biomet (U.S.)
- Omnicell. Inc. (U.S.)
- ARxIUM (Canada)
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report@ https://www.databridgemarketresearch.com/reports/global-medical-robotic-systems-market?Shri
Global Medical Robotic System Market Scope
The medical robotic system market is segmented on the basis of type, product type, deployment type, service, application and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Traditional Robots
- Collaborative robots
Product Type
- Surgical Robotic Systems
- Telepresence Robots
- Rehabilitative Robotic Systems
- Exoskeleton Robots
- Prosthetic Robots
- Assistive Robots
- Non-Invasive Radiosurgery Robots
- Hospital and Pharmacy Robotic Systems
- Medical Service Robot
- Clean Room Robots
- Robotic Prosthetics
- Marginal Propensity to Consume Prosthetics
- Myoelectrical Prosthetics
Deployment Type
- On-Premises
- Cloud Based
Services
- Instrument and Accessories
- Medical Service
Application
- Neurology
- Cardiology
- Orthopedics
- Urology
- Pharmacy
- Physical Rehabilitation
- Gynecology
- Laparoscopy
- Radiation Therapy
- Special Education
End Users
- Hospitals
- Ambulatory Surgical Centers
- Rehabilitation Centers
- Pharmacy
- Others
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Medical Robotic System Market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Browse the complete table of contents at – https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-robotic-systems-market&Shri
Medical Robotic System Market Regional Analysis/Insights
The medical robotic system market is analysed and market size insights and trends are provided by country, type, product type, deployment type, service, application and end users as referenced above.
The countries covered in the medical robotic system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region’s dominance are strong base of healthcare facilities, growing investment from major players in the development of advanced devices, a higher adoption rate of minimally invasive surgery among patients, and growing research activity.
Asia-Pacific will undergo the highest growth rate during the forecast period owing to the expansion of government initiatives to raise public awareness, an increase in medical tourism, expanding research activities in the region, an increase in the incidence of acute and chronic diseases, and the region’s growing demand for high-quality healthcare.
Top DBMR Healthcare Reports:
North America Medical Robotic Systems Market, By Product (Instrument and Accessories, Robotic Systems), By Application (Laparoscopy, Orthopedic Surgery, Pharmacy Applications, Neurosurgery, Other Applications) – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/north-america-medical-robotic-systems-market
Europe Medical Robotic Systems Market, By Product (Instruments & Accessories, Robotic Systems), Application (Laparoscopy, Orthopedic Surgery, Pharmacy Applications, Neurosurgery, Other Applications), Country (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe) Industry Trends and Forecast to 2028 https://www.databridgemarketresearch.com/reports/europe-medical-robotic-systems-market
Asia-Pacific Medical Robotic Systems Market, By Product (Instrument and Accessories, Robotic Systems, Surgical Robotic Systems, Rehabilitative Robotic Systems, Noninvasive Radiosurgery Robots, Hospital and Pharmacy Robotic Systems, and Others), Type (Surgical Robots, Exo-robots, Pharma Robots, Cleanroom Robots, Robotic Prosthetics, Medical Service Robots), Application (Laparoscopy, Orthopedic Surgery, Pharmacy Applications, Neurosurgery, Other Applications) – Industry Trends and Forecast to 2030. https://www.databridgemarketresearch.com/reports/asia-pacific-medical-robotic-systems-market
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us:-
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com
