Medical Robots Market Future Growth By Leading Players Intuitive Surgical, Inc., Stryker Corporation, Mazor Robotics Ltd, Hansen Medical Inc., Hocoma AG, Omnicell, Inc., Kirby Lester LLC, Accuray Incorporated, Ekso Bionics Holdings Inc. and Engineering Se

The innovation and product development in medical robotics is continuously increasing due to increased R&D in this field. For instance, in 2014 Intuitive Surgical Inc. launched its new da Vinci X robot and received FDA approval for it on May 30, 2017. The advanced da Vinci robot is equipped with four mechanical arms for better movement, reach and dexterity also helps to perform surgical procedure more precisely than before. Each of the arms can be controlled independently and can be assigned to do different tasks.

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The growth of medical robots market is supported by factors such as increase in awareness about their various highly beneficial properties and increase in the number of surgical procedures as a result of increasing incidence of chronic diseases such as cancer and lifestyle diseases such as diabetes and obesity. Furthermore, increase in insurance coverage is expected to fuel the usage of medical robots industry. Middle Eastern countries such as Turkey are characterized by an acute dearth of healthcare professionals. As per Organization for Economic Co-operation and Development (OECD), Turkey had 1.7 doctors per 1,000 population in 2012. This makes the region a highly lucrative prospect for future penetration of the market.

High purchase and maintenance cost of the equipment and lack of trained surgeons to perform robotic surgery are some of the major restraining factors for the global medical robots market.

Robots manufactured for specialized medical applications are known as medical robots. These robots can perform various medical tasks such as surgery, medical test, and patient monitoring. Medical robots can carry out a surgery solely based on the pre-surgical planning by the surgeon. Medical robots allow for high accuracy in open surgery and minimally invasive surgery, just the same. Medical robots also reduces the time of surgery to a great extent. Medical robots can also be used for transporting patients from one location to another in a hospital.

Advancements in technology have enabled surgeon to remotely operate robots and perform surgery. Surgeons can perform a surgical procedure in emergency situations through telesurgery, with the aid of an imaging device.

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Competitive Analysis

Some major players in medical robots market include Intuitive Surgical, Inc., Stryker Corporation, Mazor Robotics Ltd, Hansen Medical Inc., Hocoma AG, Omnicell, Inc., Kirby Lester LLC, Accuray Incorporated, Ekso Bionics Holdings Inc. and Engineering Services Inc.

The research report categorizes the medical robots market into the following segments and subsegments:

Medical Robots Market, By Product
Instruments & Accessories
Robotic Systems
Surgical Robotic Systems
Laparoscopy Robotic Systems
Orthopedic Robotic Systems
Neurosurgical Robotic Systems
Rehabilitation Robotic Systems
Therapeutic Robotic Systems
Assistive Robotic Systems
Exoskeleton Robotic Systems
Other Rehabilitation Robots
Noninvasive Radiosurgery Robotic Systems
Hospital and Pharmacy Robotic Systems
Pharmacy Robotic Systems
IV Robotic Systems
Other Robotic Systems

Medical Robots Market, By Application
Laparoscopy
Orthopedic Surgeries
Neurosurgeries
Pharmacy Applications
Other Applications

Medical Robots Market by Geography
North America
Europe
APAC
Latin America
Middle East
Africa

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