Medical Robotics Market Growth 2018 to 2023: Lavish growth of 20.8% | Geographical Analysis with Leading Players

Medical Robotics Market Report Split Into Several Key Regions, With Sales, Revenue, And Market Share And Growth Rate. Covering North America, Europe, Asia Pacific, Middle East And Africa. And It Is Incorporated On Marketresearchfuture.Com With 80 Pages. Medical Robotics Market Sector Is Relied Upon To Develop an 20.8% CAGR During The Forecast Period 2018 To 2023.

Market scenario:

Medical Robots are the remote operated machines used in medical science. They are used in different segments of healthcare. Medical robotics has provided more accuracy and perfection for the treatment. Different surgical procedures like cardiothoracic procedures, general surgical procedures, urological procedures and many more are conducted with the assistance of medical robots. Complex surgeries become easier and the success rate of treatment also increases with the use of this technology.

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The key driving factor for the growth of this market is increasing demand for more accurate surgeries to leave no room for human errors and ensure precision. Besides increasing prevalence of diseases, lots of opportunities in the field of medical robotics, growing hospital investments in improving the technology and increasing funding for the medical robotics is also contributing to the growth of the market. Although, Robotics surgeries and treatment is very expensive and high cost of maintenance can restrain the growth of the market.

Global Medical Robotics Market Is Expecting A Lavish Growth Of 20.8% During Forecasted Period Of 2017-2023.

Key players for Global Medical Robotics market:

Stryker Corporation (US), Smith & Nephew Ltd. (UK), Aethon Inc. (US), Intuitive Surgical, Inc. (US), Intouch Health Technologies, Inc. (US), Varian Medical System, Inc. (US), Medtech SA (France), Titan Medical, Inc. (US), Ekso Bionics Holdings, Inc. (US), ReWalk Robotics (Israel), Medrobotics Corporation (US), KUKA Roboter GmbH (Germany), Kinova (US), Myomo Inc. (US), Carefusion Inc.(US), Hocoma AG (Switzerland), Mazor Robotics Ltd. (Israel), Hansen Medical, Inc. (US), Transenterix, Inc. (US), ZOLL medical corp (US), Auroba biomed Inc. (US).

Competitive Analysis:

The major key player for the global medical robotics market are Stryker Corporation (US), Smith & Nephew Ltd. (UK), Aethon Inc. (US), Intuitive Surgical, Inc. (US), Intouch Health Technologies, Inc. (US), Varian Medical System, Inc. (US), Medtech SA (France), Titan Medical, Inc. (US), Ekso Bionics Holdings, Inc. (US), ReWalk Robotics (Israel), Medrobotics Corporation (US), KUKA Roboter GmbH (Germany), Kinova (US), Myomo Inc. (US), Carefusion Inc.(US), Hocoma AG (Switzerland), Mazor Robotics Ltd. (Israel), Hansen Medical, Inc. (US), Transenterix, Inc. (US), ZOLL medical corp (US), Auroba biomed Inc. (US)

Medical robotics is an emerging field. There are a lot of opportunities for the development of the market across the globe. Many companies are focusing on the development of the advances robotics which will be cost effective so as to increase the market. Some major companies has adopted strategies of acquisitions and strategic alliances for the growth of the market.

Stryker Corporation is fortune 500 medical technologies firm headquartered in US. The company is working in the manufacturing of the different medical devices and technology and has introduced Mako robotic-arm assisted technology which helps surgeons provide patients with a personalized surgical experience. It is one of the most successful products of the company. In 2016, company has acquired Physio-Control International, Inc.

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Smith & Nephew Plc. is a multinational UK headquartered medical equipment manufacturing company. In 2016, company has completed its acquisition of surgical robotics business Blue Belt Technologies. NAVIO has delivered more than 50% of the revenue growth in 2016.

Mazor Robotics is a medical device company and manufacturer of a robotic guidance system for spine surgery. In 2017, Mazor Robotics got FDA approval for its Mazor X Align software which will help Mazor Robotics to align leverage Mazor Robotics’ extensive experience in pre-operative planning, image processing, computerized anatomy recognition, and registration of different imaging modalities

Aethon is the US headquartered company which is well known for its autonomous mobile delivery robot. The TUG is a smart autonomous mobile robot which transports the goods or medication in the hospitals. TUG has found its application in manufacturing, assembly, distribution and hospitality.

Intuitive Surgical, Inc manufacturer of world class robotic surgical systems. da Vinci Surgical System is the most preferred system. Recently in 2017, this company has got approval for new da Vinci X Surgical System which will provides lower-cost, robotic-assisted surgical option for hospitals, surgeons.

Segmentation:

Global medical robotics market is segmented on the basis of products into medical robotic systems, rehabilitation services, hospitals and pharmacies, accessories and others. Medical surgical robotic system are further segmented into neurosurgical robotic systems, orthopaedic robotic systems, laparoscopy surgical robotic systems and other. Rehabilitation services are further segmented into prosthetic robots, orthotics robots, assistive robots, therapeutic robots and other. Hospitals and pharmacies are further segmented into pharmacy robot, I.V. robots and other. On the basis of application the market is segmented into cardiology, neurology, laparoscopy, rehabilitation, and other.

TOC of Medical Robotics Market:

1 INTRODUCTION

1.1 DEFINITION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS & LIMITATIONS

1.2.2.1 ASSUMPTIONS

1.2.2.2 LIMITATIONS

1.3 MARKET STRUCTURE:

2 RESEARCH METHODOLOGY

2.1 RESEARCH PROCESS:

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH:

3 MARKET DYNAMICS

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 MACROECONOMIC INDICATORS

4 MARKET FACTOR ANALYSIS

4.1 PORTERS FIVE FORCES MODEL

4.2 BARGAINING POWER OF SUPPLIERS

4.3 BARGAINING POWER OF BUYERS

4.4 THREAT OF NEW ENTRANTS

4.5 THREAT OF SUBSTITUTES

4.6 INTENSITY OF RIVALRY

5. GLOBAL MEDICAL ROBOTICS MARKET, BY PRODUCT

…TOC CONTINUED

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