Medical Robots Market Geared for Substantial Growth, Anticipated to Attain USD 45,021.15 Million by 2030

PRESS RELEASE
Published July 24, 2023

Data Bridge Market Research conducted a recent market intelligence study, thoroughly analyzing the Medical Robots Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures. Through the integration of these well-designed visual elements, the report strives to enhance the accuracy and precision of the information provided, enabling readers to grasp a comprehensive understanding of the subject matter.

The Medical Robots report offers an in-depth and detailed market segmentation, alongside a comprehensive analysis of patents and major market players, providing a competitive landscape for our clients. The study encompasses various crucial aspects, such as primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. Inclusive of all opportunities, challenges, drivers, market structures, and the competitive landscape, the Medical Robots report serves as a valuable resource for our clients. It examines key players, major collaborations, mergers & acquisitions, and also tracks trending innovations and business policies.

Data Bridge Market Research analyses that the medical robots system market, which was USD 13,544.64 million in 2022, is expected to reach USD 45,021.15 million by 2030, at a CAGR of 16.20% during the forecast period 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.

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To ensure clients gain clear market insights, the Medical Robots report offers the most up-to-date market analysis. It is a comprehensive and proficient report that focuses on primary and secondary market drivers, market share, leading segments, and geographical analysis. SWOT analysis and Porter’s Five Forces analysis methods are appropriately employed in its generation.

Furthermore, the report delves into the examination of recent and future market trends, while analyzing the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. Data collection modules with large sample sizes are utilized to pull together data and conduct base-year analysis.

Medical Robots Market

Key Growth Drivers:

  • Growing number of minimally invasive surgeries will drive the market growth

Globally, there is a spike in demand for robotic minimally invasive surgeries, owing to benefits such as fewer cuts, smaller incisions, less discomfort, less scarring, more safety, and shorter recovery times. Furthermore, the procedures provide highly advanced visualization capabilities to surgeons by utilizing HD cameras to depict microscopic structures. As a result, greater control and accuracy are provided. In recent years, there has been a rise in the number of rehabilitation robotics research projects and a quick increase in therapeutic rehabilitation robots.

  • Growing geriatric population base and orthopaedic surgical cases

According to recent Statistics, hospital admissions for knee replacement have climbed 2.5 times in India over the last five years, and over 800,000 knee replacements are performed annually in the United States. Furthermore, the American Academy of Orthopaedic Surgeons and the Agency for Healthcare Research and Quality report that over 450,000 total hip replacements are performed annually in the United States. As a result, the demand for surgical robots will likely rise in tandem with the rise in sophisticated surgical operations.

The report outlines the involvement of key players, including:

  • iRobot Corporation (U.S.)
  • Titan Medical Inc. (Canada)
  • Hansen Technologies (Australia)
  • Renishaw plc (U.K.)
  • Intuitive Surgical (U.S.)
  • Medtronic (Ireland)
  • DENSO Products and Services Americas, Inc. (U.S.)
  • Accuray Incorporated (U.S.)
  • Stryker (U.S.)
  • Varian Medical Systems, Inc. (U.K.)
  • Stereotaxis, Inc. (U.S.)
  • Ekso Bionics (U.S.)
  • CYBERDYNE INC. (Japan)
  • BIONIK (U.S.)
  • Smith+Nephew (U.K.)
  • Zimmer Biomet (U.S.)
  • Omnicell. Inc. (U.S.)
  • ARxIUM (Canada)

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Key Market Segmentation

Type

  • External Large Robots
  • Geriatric Robot
  • Assistive Robots
  • Miniature in Vivo Robots

Product

  • Surgical Robots
  • Rehabilitation Robots
  • Hospital and Pharmacy Robots
  • Bio Robotics
  • Non-invasive Radio Surgery Robots
  • Telepresence Robots
  • Medical Transportation Robots
  • Sanitation and Disinfectant Robots

Modality

  • Compact
  • Portable

Components

  • Actuators
  • Sensors
  • Robot Controller
  • Patient Cart
  • Surgeon Console
  • Vision Cart
  • Dispensing System and Additional Products

Application

  • Neurology Applications
  • Cardiology Applications
  • Orthopedic Applications
  • Laparoscopic Applications
  • Physical Rehabilitation
  • Pharmacy Applications

End User

  • Hospitals
  • Specialty Clinics
  • Research Institutes
  • Ambulatory Surgical Centers
  • Laboratories
  • Rehabilitation Centers
  • Others

Distribution Channel

  • Direct Tender
  • Retail Sales
  • Third Party Distributors

The Medical Robots market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

Incorporating these regions into market research is crucial as they serve as significant economic and industrial hubs with diverse consumer markets. By including these regions in their analyses, businesses gain valuable insights into global trends, enabling them to make informed decisions and develop effective strategies. Understanding the market dynamics in these regions helps companies cater to the distinct demands and preferences of various regional markets, whether they plan to expand their operations or simply stay updated with the ever-changing global landscape. This approach ensures that businesses can adapt and tailor their products or services to meet the specific needs of each region, ultimately leading to a more successful and sustainable global presence.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Get the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-robots-market&Aniket

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