Global $20 Billion Medical Robotics Market to 2022

News provided by

Research and Markets

15 Sep, 2017, 10:45 GMT

DUBLIN, Sept. 15, 2017 /PRNewswire/ --

The "Global Medical Robotics Market - By Product, Application, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.

This market is expected to reach USD 20.56 billion by 2022 from USD 6.36 billion in 2016 at a CAGR of 21.6% during the forecast period. Neurology segment is expected to register the fastest growth during the forecast period. This growth is attributed to the advent of newer applications in neurosurgery and the growing popularity of robotic neurosurgery.

A medical robot is the one which is used by surgeons for greater access to areas under operation using more detailed and less invasive methods. They are in most telemanipulators, which use the surgeon's actions on one side and to control the "effector" on the other side.

The medical robotic systems market is majorly fuelled by the enhancement of automation technologies, the rising incidence of disabilities in human beings and rising baby boomer population, that impede their day-to-day physical motions.

North America has the highest market share of the medical robotics market in 2016. Its large share is attributed to the high adoption rate of medical robots in the region and the government's strong focus on medical robots to improve the quality of healthcare. Asia Pacific medical robotic systems market is expected to grow at the fastest rate during the forecast period due presence of untapped market/opportunities.

Key factors that drive the demand for medical robots market include rapidly growing demand for precise and efficient minimally invasive surgeries. Growth in the volume of these surgeries, as a consequence of growing disease prevalence levels is also likely to drive the market growth. However, the high cost of surgery, negative publicity, and wariness among people continue to challenge the growth.

Medical nanotechnology is employing nanorobots that when injected into the patient work at a cellular level. Hyundai Heavy Industries Company of South Korea supplied rehabilitation robotics to Asan Medical Center where trail testing is being done

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

  • Definition
  • Industry Value Chain Analysis
  • Porter's 5 Forces
  • Regulations

4. Market Dynamics

  • Introduction
  • Drivers
  • Constraints
  • Opportunities

5. Global Medical Robotics market Segmentation, Forecasts and Trends

6. By Product

  • Instruments & Accessories
  • Robotic Systems
  • Surgical Robots
  • Laparoscopy Surgical Robotic Systems
  • Orthopedic Surgical Robotic Systems
  • Neurosurgical Robotic Systems
  • Steerable Robotic Catheters
  • Rehabilitation Robots
  • Therapeutic Robots
  • Assistive Robots
  • Prosthetics
  • Orthotics
  • Exoskeletons
  • Non-invasive Radiosurgery Robots
  • Hospital and Pharmacy Robots
  • Pharmacy Robots
  • IV Robots
  • Telemedicine Robots
  • Others

7. By Application

  • Laparoscopy
  • Orthopedic
  • Neurology
  • Special Education
  • Others

8. By Region

  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Others
  • Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Others
  • APAC
  • China
  • Japan
  • India
  • Australia
  • Others
  • MEA
  • UAE
  • Saudi Arabia
  • Egypt
  • South Africa
  • Others

9. Vendor Market share analysis

10. Company Profiles

  • Intuitive Surgical, Inc.
  • Stryker corporation
  • Accuray, Inc
  • Hansen Medical, Inc.
  • Mazor Robotics
  • IRobot Corporation
  • ReWalk Robotics
  • Siemens Healthcare
  • Aurora Biomed
  • MAKO Surgical Corp.
  • Abbot Diagnostics
  • ZOLL Medical Corp
  • Agilent Technologies
  • Baxter International
  • Roche Holding
  • Kirby Lester
  • Biotek Instruments
  • Carefusion
  • Aesynt Inc
  • Hocoma AG
  • Others

11. Industry Structure

  • Industry M&As, Consolidations
  • Investment Opportunities
  • Global Medical Robotics market - Road Ahead
  • Tables

For more information about this report visit https://www.researchandmarkets.com/research/p964bq/global_medical

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716