Medical Robots Market Competitor Insights: Hocoma, Mazor Robotics, CMR Surgical Ltd, Auris Health Inc., Accuray Incorporated, Omnicell Inc., ARxIUM

Medical Robots Market analysis provides an examination of various segments that are supposed to witness the quickest development amid the estimated forecast frame. The market study of this report takes into consideration market attractiveness analysis, where each segment is benchmarked based on its market size, growth rate, and general attractiveness. This market research report helps the clients understand the various drivers and restraints impacting the market during the forecast period. Market research reports like this Medical Robots Market surely helps to reduce business risk and failure. For an effectual business growth, companies must adopt market research report service which has become quite vital in this rapidly changing marketplace.

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Major Competitors Included:

Intuitive Surgical,

Stryker,

Hocoma,

Mazor Robotics,

CMR Surgical Ltd,

Auris Health Inc.,

Accuray Incorporated,

Omnicell Inc.,

ARxIUM,

Ekso Bionics,

Capsa Healthcare,

TransEnterix Surgical Inc.,

Stereotaxis Inc.,

ReWalk Robotics,

Titan Medical Inc.,

Medtech SA,

Aethon,

Medrobotics Corporation,

InTouch Technologies Inc.,

McKesson Corporation,

Renishaw plc.,

Varian Medical Systems Inc.,

OR Productivity PLC,

Siemens Healthcare GmbH.

The Global Medical Robots Market Research Report is set to witness a very successful period with technological advancements occurring frequently, market will rise from its initial estimated value of USD 5.9 billion in 2018 to an estimated value of USD 28.9 billion by 2026 registering a CAGR of 21.8% in the forecast period of 2019-2026.

Market Definition: 

Medical Robots are mechanical robots that are used in medical services. They aid in surgeries, rehabilitation or even in dispensing of medical pharmaceutics. Medical robots are used in a variety of surgical practices. These robots act as a tele manipulator acting on behalf of the surgeon to perform hazardous tasks or even the most precise procedures.

North America had the highest market share in 2017 and the same will be the case by the end of the forecast period. Asia-Pacific region will witness the highest growth rate from all the regions.

Key Developments in the Medical Robots Market

On September 1, 2016 Hocoma, announced a merger with DIH International that will enhance Hocoma’s reach into rehabilitation and medication management globally
On May 30, 2018, Intuitive Surgical announced the expansion of its operations in India through a distributor Vattikuti Technologies Pvt. Ltd.

Competitive Analysis: 

The Global Medical Robots Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Medical Robots market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Segmentation: Medical Robots Market

Medical Robots Market : By Product

Instruments and Accessories
Surgical Robots
Laparoscopy Robots
Orthopedic Robots
Neurosurgical Robots
Rehabilitation Robots
Therapeutic Robots
Assistive Robots
Exoskeleton Robots
Other Robots
Noninvasive Radiosurgery Robots
Hospital and Pharmacy Robots
Pharmacy Robots
IV Robots
Other Robots
Gynecology
Urology
Cardiology
Nanomedicine
 Medical Robots Market : By Application
Laparoscopy
Orthopedic Surgeries
Neurosurgeries
Pharmacy Applications
Other Applications
Medical Robots Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa

Medical Robots Market Drivers:

Medical robots offer up a variety of rehabilitation techniques and are greatly effective in comparison to conventional rehabilitation techniques, this factor will act as a major market growth
Technological advancements have enhanced the medical robots market due to the close working relationship of doctors and the medical robots industry, which have improved the market growth potential for medical robots

Medical Robots Market Restraints:

Lack of knowledge about the operations of these robots and the appropriate information required from the surgeons regarding these robots act as a major market restraint
High cost are restraining the industry to properly breakthrough the market share

Key Insights in the Medical Robots Market report:

The key market players are analyzed and their effects on the market is also observed
Market analysis is conducted for the forecast period of 2018 to 2025, and the market segmentations are observed during that period
The market drivers and restraints have been clearly analyzed for the effect that they have over the market in the forecast period of 2018 to 2025

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