Press release
Medical Robots Market to Witness Huge Growth in 2025 | Key Player Analysis: Surgical, Inc., Stryker, Hocoma AG, Mazor Robotics Ltd., Hansen Medical, Inc. Auris Surgical robotics, Accuray Incorporated, Omnicell Inc.,
In our study of the medical robots market is segmented into three major segments such as product, application, and end user. The product segment is divided into surgical robots, rehabilitation robots, non-invasive radiosurgery robots, hospital & pharmacy robots and others. The application segment consists of laparoscopy, neurology, orthopedics, gynecology, urology, cardiology and others. Similarly, the end user is classified as hospitals and ambulatory surgical centers.The medical robots market was valued at US$ 5,740.8 in 2017 and is expected to reach US$ 28,776.5 MN in 2025. The market is estimated to grow with a CAGR of 22.3% from 2017-2025.
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The objective or the scope the study was defining, describing, and forecasting the medical robots market on the basis of product, application, end user and region. In addition, analyzing the market structure, profiling the key players of the market, and comprehensively analyzing their core competencies. Tracking and analyzing competitive developments such as new product launches; market consolidations in the medical robots market. Moreover, the aim of the study was providing detailed information regarding the major factors or the reasons that are influencing the growth of the market medical robots in the five major regions such as North America, Europe, Asia Pacific, Middle East and Africa and South and Central America.
Leading Medical Robots Market Players:
1. Intuitive Surgical, Inc.
2. Stryker Corporation
3. Hocoma AG
4. Mazor Robotics Ltd.
5. Hansen Medical, Inc. (Auris Surgical Robotics)
6. Accuray Incorporated.
7. Omnicell, Inc.
8. Arxium
9. EKSO Bionics Holdings, Inc.
10. Kirby Lester, LLC
The robots are designed to assist surgeons during the surgical procedures. However, the medical robots are majorly used for surgical producers, there are different types of medical robots. The types of the medical robots include surgical robots, rehabilitation robots, hospital & pharmacy robots and more. The targeted stakeholders for the medical robots market reports include suppliers and distributors of medical robot systems medical robots and related device manufacturing companies, hospitals and diagnostic centers, ambulatory surgery centers and others.
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The medical robots market in different regions is analyzed by the PEST analysis and the SWOT analysis is provided for the profiled companies in our scope of study. For instance, the PEST analysis of the North America region contain political factor - government efforts to utilize the medical robotic in US, the economic factor - reimbursements plans, social factor - robotic surgeries serves advantages to patients, and the technological factor - rise in the developments. Thus, the report provides all the major factors, such as drivers, restraints, opportunities, trends that are impacting the growth of the medical robots in the forecasted period.
The prominent players operating in the medical robots market include Intuitive Surgical, Inc., Stryker, Hocoma AG, Mazor Robotics Ltd., Hansen Medical, Inc. Auris Surgical robotics, Accuray Incorporated, Omnicell Inc., ARxIUM, EKSO Bionics Holdings, Inc., and Kirby Lester, LLC among others.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Medical Robots Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Medical Robots Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Also, key Medical Robots Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Table of Contents:
1. INTRODUCTION 40
1.1 Scope of the Study 40
1.2 The Insight Partners Research Report Guidance 40
2. GLobal Medical Robots Market – Key takeaways 42
3. Global Medical Robots Market – market landscape 45
3.1 overview 45
3.2 market segmentation 45
3.3 Global Medical Robots Market – By Product 46
3.4 Global Medical Robots Market – By Application 47
3.5 Global Medical Robots Market – By end user 47
3.6 Global Medical Robots Market – By geography 47
3.7 PEST Analysis 48
3.7.1 North America – PEST Analysis 48
3.7.2 Europe – PEST Analysis 50
3.7.3 Asia Pacific – PEST Analysis 52
3.7.4 Middle East and Africa – PEST Analysis 54
3.7.5 South and Central America – PEST Analysis 56
4. Global Medical Robots Market – Key Market Dynamics 58
4.1 Key Market Drivers 58
4.1.1 Increasing Training Programs for Robotic Surgeries 58
4.1.2 Rise In The Developments For Medical Robots in Asia 58
4.1.3 Rise In The Number of Surgical Procedures 59
4.2 Key Market Restraints 60
4.2.1 High Cost of Surgical Procedures and Installation 60
4.3 Key Market Opportunities 60
4.3.1 Evolution of Nanorobots in Cancer Treatment 60
4.3.2 Increased Preferences of Patient for Robotic Surgeries 61
4.4 Future Trends 61
4.4.1 Development of Microbots 61
4.4.2 Development of Therapeutic Robots 61
4.5 Impact analysis 62
5. Global MEDICAL ROBOTS Market –Analysis 63
5.1 Global MEDICAL ROBOTS Market Revenue Forecasts and Analysis 63
5.2 Global MEDICAL Robots MARKET, By Geography - Forecasts and Analysis 64
5.3 Market share analysis 65
5.4 PERFORMANCE OF KEY PLAYERS 66
5.4.1 Intuitive Surgical Inc. 66
5.4.2 Stryker 66
5.5 expert opinions 67
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About Us:
The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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