Medical Robotic System Market, Company Analysis and Forecast to 2025

The medical robotic systems market is mainly influenced by surgical robots. Robotic systems are used for orthopedics, neurosurgery, laparoscopy, and catheter operations. Advancement in the technology and technique to treat patients by minimal invasive methods are expected to favor growth of the medical robotic systems market. Such systems help reduce chronic pain and hospital stay, and increases the accuracy of surgery, thus being a preferred option. Non-invasive radiosurgery robots provide non-invasive treatment for patients suffering from complex tumors. Such patients cannot undergo normal operation and are treated with radiation Cyberknife, a robotic radiosurgery system. Cyberknife systems deliver high doses of radiation with high accuracy to a broad range of tumors throughout the body.

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Increasing use of hospital and pharmacy robots in developed economies are expected to boost growth of the medical robotic systems market in the near future. The number of FDA-approvals for such systems has also increased, in turn fueling growth of the market.

Market Dynamics

Medical robotic system is quite an unexplored field, which is rapidly advancing due to technological advancements in the recent past. The available medical robotic systems have recently emerged, however, potential of this market is yet to be understood and achieved. This defines immense opportunities for manufacturers operating in the medical robotic systems market. Improvement in the design of medical robots and reduction in expense and size by manufacturers are expected to create a favorable environment for growth of the market. Furthermore, increasing number of robotic laparoscopy procedures and increasing neurological conditions among the populace, has increased the demand for robotic procedures, in turn projected to boost market growth.

Market Taxonomy

This report segments the global medical robotic systems market on the basis of product type, end user, and region.

Key features of the study:

This report provides an in-depth analysis of global medical robotic system market provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global Medical Robotic Systems market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

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Key companies covered as a part of this study include Intuitive Surgical, Transenterix, Medrobotics, Verb Surgical, Hansen Medical, MEDTECH, Titan Medical, Microbot Medical, Aethon, and Aesynt

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics

The global Medical Robotic Systems market report caters to various stakeholders in this industry including investors, suppliers, medical robotic system manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the medical robotic system market

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This release was published on openPR.