Medical Robots Market Share, Growth, Size, Opportunities, Trends, Overview and Leading Company Analysis

The newest Medical Robots Market Research Report offers a comprehensive assessment of Key and Emerging Players, highlighting company profiles, product/service offering, market price and sales revenue in order to estimate the market size. The Medical Robots Market Research Report is the most suitable, exclusive, realistic and admirable report for all business needs.

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.

Hospital-acquired infections (HAIs) are another pervasive issue in healthcare that could be alleviated using robots to reduce medical and surgical errors. In 2011, there were 722,000 HAIs in acute care hospitals in the United States, according to the CDC. Hospitals sometimes struggle to maintain 100 percent sterility in patient rooms due to time restrictions or the mere invisibility of germs. With the developing healthcare infrastructure, medical robots will come in a lot of handy for their applications.

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Market Overview:

Medical robots offer increased accuracy and precision during a surgical process. Doctors may now undertake complex surgical procedures with greater flexibility, precision, and control because of medical robots or robot-assisted surgery systems. Typically, medical robots are used for minimally invasive procedures carried out through tiny incisions. Additionally, some conventional open surgical procedures can be performed using medical robots. The majority of robotic surgical systems frequently integrate mechanical and camera arms.

Drivers

• A 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 orthopedic 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.

Recent Developments

In June 2020, Accuray introduced the CyberKnife S7 System, its next-generation CyberKnife platform, with advanced precision and real-time AI-driven motion tracking and synchronization treatment delivery for all stereotactic body radiation therapy (SBRT) treatments and stereotactic radiosurgery (SRS).

Some of the major players operating in the medical robots market are:

• 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.)
• Inc. (U.S.)
• ARxIUM (Canada)

Browse a Detailed Summary of the Medical Robots Market Research Report @ https://www.databridgemarketresearch.com/reports/global-medical-robots-market?Shri    

Global Medical Robots Market Scope

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
• Others

Medical Robots Market Regional Analysis/Insights

The countries covered in the medical robots 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.

Key Advantages of the Report: 

• This study provides an analytical overview of the industry, including current trends and future predictions to identify potential investment opportunities.
• The report offers insights into key drivers, limitations, and prospects, along with a comprehensive market share analysis.
• The report quantitatively assesses the current market, shedding light on its growth prospects.
• A Porter’s five forces analysis gauges the bargaining power of buyers and suppliers in the market.
• The report delivers an in-depth market analysis that considers competitive dynamics and forecasts the future competitive landscape.

What to Anticipate from the Report – A 7-Point Guide:

• The report delves into the holistic strategy and innovation within the market ecosystem.
• It highlights prominent market drivers and obstacles, providing clarity on technological standardization and regulatory frameworks.
• The report evaluates various implementation models and examines numerous use cases.
• Serving as a valuable resource, the report offers essential industry insights, showcasing information on new investments, stakeholders, relevant contributors, and market participants.
• Through the forecast period, the report conducts a thorough market analysis, referencing historical developments, ongoing events, and future growth prospects.

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