Growth Strings of X-Ray-Based Robotics to Surge by Innovation and the Creation of Cutting-Edge Technologies, Fact.MR Analysis
As per a new industry analysis by Fact.MR, a market research and competitive intelligence provider, worldwide demand for X-ray-based robots is projected to increase at a CAGR of 7.1% over the forecast period (2022-2027).
Demand for X-ray-based robots in the healthcare industry is expected to rise at a significant CAGR over the coming years due to the presence of qualified experts, improving amenities, and the existence of technologically-advanced and unique solutions in hospitals and clinics.
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The market for X-ray-based robots is also anticipated to rise due to factors such as quick product innovation, technological advancements in modelling and production, increasing privatization in the healthcare industry, and increased usage of medical imaging equipment in developing countries.
One of the most exciting developments in health technology is the use of artificial intelligence (AI) technology, particularly in X-ray-based robots. Due to their accuracy and precision, X-ray-based robots are being employed in medical treatments more frequently. Because they provide a quick and effective approach to seeing inside tissues and organs during surgery, X-ray-based robots are in high demand.
X-ray-based robots come with wireless, moveable indicators in two different sizes that can be placed immediately on the patient’s back in a wheelchair or bed, eliminating the need to sit the patient up. These robots do not require the patient to be moved or transferred to another imaging facility for subsequent treatment procedures, thereby driving their popularity.
Key Takeaways from Market Study
- The global X-ray-based robots market is anticipated to reach US$ 6 billion by 2027.
- The marker is predicted to expand more than 1.4X over the next five years.
- Market in Canada is expected to increase at a CAGR of 6.5% through 2027.
- Market in Germany is projected to expand at a CAGR of 5% over the forecast period.
“Supportive governmental policies, increase in the elderly population, technological advancements in the healthcare sector, and rising rates of osteoporosis and other bone-related diseases are prominent factors driving market growth,” says a Fact.MR analyst
Winning Strategy
Key companies are implementing a variety of actions, including product creation, investments, and acquisitions, to diversify their product offerings and increase their production capabilities. Industry expansion is projected to be fueled by rising initiatives by market participants for new inventions in X-ray-based robots.
For instance,
- In 2020, Canon Inc. unveiled a mobile digital X-ray system that improves detector wireless range and productivity while simplifying detector charging and storage space.
Market players are creating high-end X-ray-based robots for outstanding precision and sensitivity in the identification of imaging abnormalities. Key companies are forming strategic alliances to adopt and create cutting-edge software that will improve the outcomes of medical imaging.
For instance :
In 2021, an artificial intelligence system developed by GE Healthcare to assist medical practitioners in assessing Endotracheal Tube (ETT) placements was approved by the FDA. A transportable x-ray device has AI algorithms incorporated for automatic measurements, case prioritizing, and quality control.
Demand Analysis
The demand for X-ray-based robots is expected to continue to grow in the coming years as the technology becomes more advanced, and more applications are developed. X-ray-based robots are becoming increasingly popular in the medical field, due to their ability to provide detailed images of internal body parts and organs. This allows for more precise diagnoses and treatments, as well as a reduction in the risk of radiation exposure to medical professionals. X-ray-based robots are also being used in research, as they can provide detailed images of various materials and substances. In addition, X-ray-based robots are being used in industrial settings, as they can detect flaws and defects in products, helping to reduce wastage and improve quality control. As the technology becomes more advanced and more applications are developed, it is expected that the demand for X-ray-based robots will continue to increase.
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Market Frontrunners
- GE Healthcare
- Hologic Inc.
- Intermedical S.r.l.
- Medtronic
- Philips Healthcare
- EMD Medical Technologies
- Eurocolumbus s.r.l.
- Shimadzu Corporation
- Siemens Healthcare
- Simad S.r.l.
- Stephanix S.A Technix
- Ziehm Imaging GMBH
Key Segments in X-ray-based Robots Industry Research
- By Technology :
- Artificial Intelligence
- Machine Vision
- Collaborative Robots
- Cognitive Computing
- Sesotec X-ray
- Twin Robotics
- By End-use Industry :
- Healthcare
- Pulmonary
- Cardiovascular
- Orthopedics
- Oncology
- Trauma
- Aerospace
- Automotive
- Electronics
- Food & Beverages
- Defense
- Healthcare
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global X-ray-based robots market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2027.
The study divulges essential insights on the market on the basis of technology (artificial intelligence, machine vision, collaborative robots, cognitive computing, sesotec X-ray, twin robotics) and end-use industry (healthcare, aerospace, automotive, electronics, food & beverages, defense), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).
Key Highlights
- Sales of X-ray-based robots In 2023
- Competitive Analysis of X-ray-based robots
- X-ray-based robots and Analysis of X-ray-based robots
- Key Trends of Supply Side Analysis of X-ray-based robots
- Outlook of X-ray-based robots
- Insights of X-ray-based robots
- Analysis of X-ray-based robots
- Survey of X-ray-based robots
- Size of X-ray-based robots
Check out more related studies published by Fact.MR Research:
https://www.globenewswire.com/news-release/2023/02/14/2607922/0/en/Global-Hernia-Mesh-Devices-Market-Is-Projected-To-Reach-US-6-99-Billion-by-the-End-of-2033-Fact-MR-Analysis.html
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