Global Medical Robotics to Grow at a CAGR of 14.9%

‘Numerous advantages and diverse applications will help the growth of robots in the healthcare industry’, says RNCOS.


Noida, UP -- (SBWIRE) -- 04/03/2015 -- From microbots that scrape plaque from arteries to personal assistant robots that help care for patients, medical robots are transforming the face of healthcare.

According to our report, the "Global Medical Robotics Market Outlook 2018", is currently worth US$ 3.2 Billion and will grow to US$ 6.4 Billion by 2018. The report provides an overview of the total Robotics market and its two main segments, which comprise of Industrial Robots and Service Robots.

This is followed by the present role of Robotics in the healthcare industry along with the various pros and cons of integration of robotics. Segmentation of the market has been performed on the basis of the application areas as well as geographic locations. The report talks about the three major application areas that include Surgery, Rehabilitation and Hospital & Laboratory. On the basis of geographic location, the market has been segmented into the US, Europe, Asia-Pacific and the Rest of the World.

It also talks of the various applications and technological trends that have been a part of the industry. The market will be molded by a number of drivers as well as challenges, which will be responsible in determining the role robotics will play in the healthcare domain in the future.

This is followed with the key players of the Medical Robotics Market. For every player, a brief business overview, geographic revenue break up and segment wise revenue break up along with key financials has been provided. A strength and weakness analysis of every player has also been presented to assist the investors in developing an understanding of the strategies of the players. At the end, a section has been dedicated to the Future Outlook, which discusses the various upcoming robotic technologies which will further help in easing healthcare processes. Overall, the research contains exhaustive information that will help clients in formulating market strategies and assessing opportunity areas in the Medical Robotics Market.

Some of the key findings of the report are:

- High Cost of Surgery May Act as an Obstacle to the Growth of Medical Robotics
- Rehabilitation Robots to Find Takers in the Growing Number of Elderly in Japan

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.