Business & Finance

Medical Robots Market Global Industry Analysis, size, share and Forecast 2018-2025

Medical Robots is an amalgamation of robotic technology with healthcare. It has improved patient care by assisting surgeons to perform complex surgeries with precisions so that there is minimal blood loss which will lead to faster recovery of patients. Medical robot is an emerging field. A wide variety of application have emerged like lab robots, surgical robots, remote surgery, teleconsultation, telesurgery, rehabilitation robots to help people with disabilities. Through telepresence it can cure patients from isolated areas, and it can also help in rehabilitation of disable people.

Growing prevalence of heart stroke, cancer, neurological & orthopaedic disorders etc, increasing propensity towards minimal invasive surgery, growing application of robot assisted surgeries are likely to fuel the global market. FDA approval & launch of new products like Intuitive surgical Inc’s da Vinci X robot is tend to propel the market growth. Advancement of Technology in areas like 3D imaging, HD surgical microscopic cameras, data analytics & data recorders, robotic catheters control system, motion sensors and remote navigations have changed the trend of the market for medical robots. Da Vinci surgical system is most frequently used as it uses computer enhanced system capable of laparoscopic surgery.

Robotic assisted surgery comes up with many challenges related to high cost, overtreatment that increases healthcare cost, strict guidelines, lack of experience of professionals to handle robotic systems negatively impacts patient outcomes.

Intuitive Surgical In., Stryker Corporation, Mazor Robotics are the major players of this market. Among others involved in this market include Accuray, Medtronic, Ekso Bionic Holdings, Hansen Medical Inc., Omnicell, Healthcare robotics S.R.L, Hocoma AG, Titan Medical Inc.

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The Global Medical Robot Market has been segmented on the basis of product type, application, end-use, and key geographies. Based on product type, the market comprises of surgical robots, rehabilitation robots, non-invasive radio surgery, robotic catheters, hospital robots. The research report “Global Medical Robot Market” provides in-depth analysis of Global Medical Robot market based on product type, application, end-user and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Global Medical Robot market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:
1- At what pace is Global Medical Robot market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Medical Robot market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation
By Type
• Surgical Robots
o Cardiology Robotic System
o Laparoscopic Robotic System
o Neurological Robotic System
o Steerable Robotics
o Orthopaedic Robotic System

• Rehabilitation Robots
o Assistive Robots
o Exoskeleton Radiosurgery Robots
o Therapeutic Robots
o Prosthetics Robots
o Orthotics Robots

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• Non-Invasive Radio Surgery Robots
• Robotic Catheters
• Hospital Robots
o Telemedicine Robots
o I.V Robots
o Pharmacy Robots

By Application
• Orthopaedic
• Laparoscopic
• Neurology
• Cardiology
• Others

By End User
• Hospital
o Tier 1
o Tier 2
o Tier 3
• Ambulatory Surgical Centres

By Geography
  • North America
o By Product type
o By Application
o By End users
o US
o Canada
o Mexico

  • Europe
o By Product type
o By Application
o By End users
o UK
o Germany
o Spain
o Rest of Europe

  • Asia-Pacific
o By Product type
o By Application
o By End users
o China
o Australia
o India
o Rest of APAC

  • ROW
o By Product type
o By Application
o By End users
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of the LAMEA region)

Leading market players
• Intuitive Surgical In.
• Stryker Corporation
• Mazor Robotics

*Other prominent players in the market which can be profiled as a part of customization:
• Accuray
• Medtronic
• Ekso Bionic Holdings
• Hansen Medical Inc.
• Omnicell
• Healthcare robotics S.R.L
• Hocoma AG
• Titan Medical Inc

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