Portland, OR -- (SBWire) -- 07/19/2017 --Medical Robots are used in the field of medical science. There are different types of medical robots, such as surgical robots (used for surgical operations), rehabilitation robots (used for rehabilitation process through the application of robotic devices), biorobots (used to imitate animals and humans), telepresence robots (allow off-site medical services), pharmacy automation (helps to dispense medicines), and disinfection robots (help in disinfecting the whole room). The global Medical Robots Market is expected to grow at a CAGR of 22.3% from 2017 to 2023.
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Market Dynamics:
Medical Robots Market Drivers:
-Rising number of hospitals
-High adoption of medical robots
-Rising prevalence of diseases, such as cardiac disease, cancer, and others
-Increasing funding for medical robot research
Medical Robots Market Restraints:
-High cost of medical robots
-Stringent reimbursement policies
Medical Robots Market Players:
Market players are adopting different strategies, such as product launch, product development, acquisitions, and collaborations for achieving a greater market share.
The top players in the global medical robot market include
- Intuitive Surgical, Inc.
- Kirby Lester, LLC
- Stryker Corporation
- ARxIUM
- Mazor Robotics Limited
- Hocoma AG
- Hansen Medical, Inc.
- Omnicell, Inc.
- Accuray Incorporated
- Ekso Bionics Holdings, Inc
Medical Robots Market KEY TAKEAWAYS
The report entails detailed quantitative analysis of the current market and estimations from 2015 to 2023 to identify the prevailing market opportunities.
For a better understanding of market behavior, the report provides in-depth analyses of the drivers, restraints, and opportunities that shape the market structure.
The report includes strategies, such as new product launches, partnerships, and acquisitions by key leaders.
Porters Five Forces analysis determines competitive structure of the market to assist in strategy formulation.
Regional and country-level analyses of the market have been provided in the report.
The report provides extensive qualitative insights into the potential and niche segments or regions exhibiting favorable growth.
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MARKET LANDSCAPE
Medical Robots Market By Product
-Instruments & Accessories
-Medical Robot Systems
Surgical Robots
Neurological Surgery Robotic Systems
Cardiology Surgery Robotic Systems
Laparoscopic Surgical Robotic Systems
Orthopedic Surgical Robotic Systems
Steerable Robotics
Hospital & Pharmacy Robots
Pharmacy automation robots
IV Robots
Rehabilitation Robots
Assistive Robots
Therapeutic Robots
Exoskeleton Robots
Prosthetic Robots
-Noninvasive Radiosurgery Robots
-Telemedicine Robots
-Other Medical Robotic Systems
Medical Robots Market By Application
- Laparoscopy
- Neurology
- Orthopedics
- Special Education
- Other Applications
Medical Robots Market By Geography
-North America
U.S.
Canada
Mexico
-Europe
UK
Germany
France
Spain
Italy
Rest of Europe
-Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
-LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Table Content for Medical Robots Industry
1. Executive summary for Medical Robots Industry
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction for Medical Robots Industry
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape for Medical Robots Industry
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restrains and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global medical robots market shares analysis, 2014-2025
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List of Tables for Medical Robots Industry
53 Tables
List of Figures for Medical Robots Industry
64 Figures
Medical Robots Market: Research Survey, Operations, Area of Impact, Forecast from 2014 - 2025