The Global Medical Robots Market was worth USD 4.90 billion in 2016 and estimated to be growing at a CAGR of 21.1%, to reach a market size of USD 12.80 billion by 2021.
Hyderabad, India -- (SBWIRE) -- 02/08/2018 -- The Global Medical Robots Market was worth USD 4.90 billion in 2016 and estimated to be growing at a CAGR of 21.1%, to reach a market size of USD 12.80 billion by 2021- Market Data Forecast, Research Team.
A Medical Robot is a system that assists or completely carry out a medical procedure, thereby erasing the factor of human error in the process. Da Vinci system is one of the most revered robotic systems right now in the market, though the cost of one surgery increases by $2,000 but the precision and efficiency cannot be undervalued. Many other universities and Research Centres are working to make a better system, one such is Sofie from Eindhoven University.
Based on the Geographical Segmentation, the worldwide market is dissected under different regions, in particular, North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. North America has the most astounding market offer of the medical robotics market in 2016. Its extensive offer is credited to the high selection rate of medical robots in the area and the administration's solid concentrate on medical robots to enhance the nature of medicinal services. Asia Pacific medical robotic frameworks market is required to develop at the quickest rate amid the estimate time frame due to the nearness of undiscovered market/openings.
Some of the major companies dominating the medical robots market, by their products and services include Omnicell Inc, Stryker Corporation, Mazor Robotics Ltd, Hansen Medical Inc, Intuitive Surgical Inc, EKSO Bionics Holdings Inc, Arxium, Hocoma AG, Kirby Lester LLC and Accuray Incorporated.
Browse full research report with TOC on "Medical Robots Market by Product (Surgical Robots, Rehabilitation Robotic Systems, Non-invasive Radiosurgery Robotic systems, Hospital and Pharmacy Robotic Systems and other Robotic Systems), by Application (Laparoscopy, Orthopaedics, Neurology, Special Education and other Applications)" at: https://www.marketdataforecast.com/market-reports/global-medical-robots-market-1885/
Market Data Forecast has segmented the Global Medical Robots Market on the basis of, Product, Application and region:
Product Outlook (Volume, Kilograms; Revenue, USD Thousands; 2016 - 2021):
Surgical Robots, Rehabilitation Robotic Systems, Non-invasive Radiosurgery Robotic systems, Hospital and Pharmacy Robotic Systems and other Robotic Systems
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Application Outlook (Volume, Kilograms; Revenue, USD Thousands; 2016 – 2021):
Laparoscopy, Orthopaedics, Neurology, Special Education and other Applications
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Regional Outlook (Volume, Kilograms, Revenue, USD Thousands; 2016-2021):
North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Further Key Findings from the Report Suggest:
Worldwide medical robots market can be driven by following drivers, Medical robots have increased broadly of acknowledgement by a differing scope of fields, for example, Interventional cardiological surgery, Neurological surgery and orthopaedic surgery and so forth., give lucrative market openings.
Medical robots give most prominent commitments in more intricate cases with more accuracy. Expanding mechanical advancements in medical field push the worldwide medical robots market.
Significant limitations of the market, Medical robots are costly and require specialized experts to perform surgeries.
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