Medical Robots Market Outlook to 2025 - ARxIUM, EKSO Bionics Holdings, Kirby Lester, Intuitive Surgical, Stryker, Hocoma AG, Mazor Robotics Ltd., Hansen Medical, Auris Surgical Robotics, Accuray Incorporated, Omnicell

The Medical Robots Market research study involved the extensive use of both primary and secondary sources. The Medical Robots Market research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.

According to a new market research study titled ‘Medical Robots Market to 2025 – Global Analysis and Forecasts by Product, Application and End User. The global medical robots market is estimated to account for US$ 28,776.6Mn by 2025 as compared to US$ 5,740.8 Mn in 2017, growing at a CAGR of 22.3% during the forecast period from 2018 to 2025.

The report highlights the trends prevalent in the global medical robots market and the factors driving the market along with those fact as restraint to its growth.

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Key industry players operating in the field of medical robots across the globe 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.

The growth of the market is expected rise due to the trend of development of therapeutic robots. As the large number of the people are therapeutic robots for companionship and therapy. The therapy robots are developed for assisting patients in recovering. For instance, student researchers at the University of Amsterdam developed Phobot, which is an interactive robot to help children who suffer from anxiety and phobias. When Phobot is confronted by larger objects, it’s programmed to react with fear, it raises its eyebrows, turns around, and zips away in a panic. When it’s confronted with smaller objects, it is trained to be normal.

In addition, Omron (Japan) in 2001 developed and designed NeCoRo, the first robotic lap cats made for senior citizens in the country. The robot gives positive feedback depending on the user's actions. If a user neglected NeCoRo, the robot would be less affectionate the next time the user interacted with it. These types of therapeutic robots are growing trends in the past few years and are expected to grow the market in the future time.

The application segment of the medical robots market is divided into laparoscopy, neurology, orthopedics, gynecology, urology, cardiology, and others. In 2017, laparoscopy segment held the largest share of 56.2% of the market, based on the technology. In addition, the segment is expected to dominate during the coming years owing to its advantages such as, adoption in emergence of data supporting efficacy and safety. Similarly, the orthopedic segment is expected to be the fastest growing application segment for the medical segment. The orthopedics market was valued at US$ 879.2 Mn in 2017.

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The report segments the global medical robots market as follows:

• Global Medical Robots Market – By Product
o Surgical Robots
o Rehabilitation Robots
o Non-Invasive Radiosurgery Robots
o Hospital & Pharmacy Robots
o Others

• Global Medical Robots Market – By Application
o Laparoscopy
o Neurology
o Orthopedics
o Gynecology
o Urology
o Cardiology
o Others

• Global Medical Robots Market – By End User
o Hospitals
o Ambulatory Surgical Centers

• Global Digital pathology Market – By Geography

o North America
 U.S.
 Canada
 Mexico

o Europe
 UK
 Germany
 France

o Asia Pacific (APAC)
 Japan
 China
 India

o Middle East & Africa (MEA)
 South Africa
 Saudi Arabia
 UAE

o South & Central America (SCAM)
 Brazil

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