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Orthopedic Medical Robots Market Revenue to Cross the US $2,110.69 Million-Dollar Milestone by 2025

The market for orthopedic medical robots market is expected to grow due to as increasing number of musculoskeletal diseases, rise in funds allocated for medical robotics research and technological developments in orthopedic surgical robots are expected to be the prominent drivers of the global orthopedic medical robots market.

 

Pune, India -- (SBWIRE) -- 03/20/2019 -- According to a new market research study titled 'Orthopedic Medical robots Market to 2025 - Global Analysis and Forecasts by Product, Anatomy, Application and End User. The global orthopedic medical robots market is expected to reach US$ 2,110.69 Mn in 2025 from US$ 375.49 in 2017. The market is estimated to grow with a CAGR of 24.1% from 2018-2025. The report highlights the trends prevalent in the global orthopedic medical robots market and the factors driving the market.

The top 10 industry players operating in the orthopedic medical robots market of across the globe includes Smith & Nephew, Stryker, Medtronic, Intuitive Surgical, Ekso Bionics, Zimmer Biomet, Wright Medical Group N.V., General Electric, THINK Surgical and OMNI.

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The orthopedic medical robots are the devices that refers to the robotic systems and equipment used in medical institutions to aid physicians in an orthopedic surgery as well as post-surgical care and rehabilitation. Moreover, the automated guided vehicles also serves as lifting aids during surgical and assistive care procedures. In addition, orthopedic medical robots helps to eliminate the need for repetitive human assistance and helps a patient to be independent. Advances have been made in the development of robotic exoskeletons, which are lightweight wearable devices that assist in limb and hand movements. The report would be of an interest to various stakeholders operating in the orthopedic medical robots market. These stakeholders include manufacturing companies, dealer companies, supplier companies, wholesalers, hospitals, and others.

The companies offers products for the different orthopedic surgeries. The players are engaged in the developing the innovative products so as to provide minimally invasive surgeries through it use. Below is the recent developments done by the compay. For instance, the company Medtronic has acquired Mazor Robotics to provide a fully integrated platform of spinal solutions, while Mazor will benefit from improved geographic reach and additional sales channels.

The report segments the global orthopedic medical robots market as follows:

Global Orthopedic Medical Robots Market - By Product
- Systems
- Instruments & Accessories

Global Orthopedic Medical Robots Market - By Anatomy
- Upper Extremities
- Hand
- Elbow
- Wrist
- Shoulder
- Lower Extremities
- Knee
- Foot & Ankle
- Hips
- Others
- Others

Global Orthopedic Medical Robots Market - By Application
- Surgery
- Rehabilitation
- Others

Global Orthopedic Medical Robots Market - By End User
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers

Global Orthopedic Medical Robots Market - By Geography
- North America
- Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South & Central America (SCAM)

The orthopedic medical robots market report analyzes factors affecting orthopedic medical robots market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, , opportunities, and future trend. The report provides the analysis for the every segment in detail across all the regions such as North America, Europe, Asia Pacific, Middle East & Africa and South and Central America.

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The objective of the study is to describe, define, and forecast the orthopedic medical robots market by product, anatomy, application, end user and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.