Medical Robot Market Technology Advancement, Top Manufacturers and Precise Outlook 2021 – Stryker, Mazor Robotics, Hocoma

The Global Medical Robot Market report aims at providing principal data regarding latest trends, key developments, novel strategies adopted by leading players and customer data. By knowing more about all these factors, it becomes easy for business participants to increase their product portfolio in the marketplace. It further guides which product or service to launch in the market. It talks about reasons behind lack of sales and provides them guidance to drive the sales growth by providing them market dynamics including drivers and restraints. Customer expectations, market performance, pricing analysis and market growth factors are some of the significant factors discussed in this Medical Robot Market analysis report. By knowing all the details like market size and demand for products in global regions such as Asia Pacific, North America, Middle East, Africa, Latin America and North America, key players can take further actions for business growth.

Medical Robots Market size was valued at USD 8.16 Billion in 2020 and is projected to reach USD 23.92 Billion by 2028, growing at a CAGR of 14.40% from 2021 to 2028.

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Industry News:

June 2019 - ReWalkRobotics, a manufacturer of robotic medical devices for individuals with lower limb disabilities, announced that the US Food and Drug Administration had cleared its ReStoresoft exo-suit system for sale to rehabilitation centers across the United States.

November 2020 - Artificial Intelligence Technology Solutions, Inc. announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) had received an order from the global top 20 medical devices company with around 50,000 employees for what RAD expects as the first of several HSO (Health Screening Option) units to be deployed at one of their client’s manufacturing facilities.

The Top Major Competitive Players are : Intuitive Surgical, Stryker, Mazor Robotics, Hocoma, Hansen Medical, Accuray Incorporated, Omnicell, ARxIUM, Ekso Bionics, Titan Medical Inc., TINAVI Medical Technologies Co.,Ltd., Cyberdyne Inc., Guangdong Jinming Machinery Co.,Ltd., Shanghai Fosun Pharmaceutical (Group) Co.,Ltd., Harbin Boshi Automation Co.,Ltd., Bai Hui Wellcome Technology Co. Ltd.

Market Segmentation:

Segmentation By Type:

Laparoscopy Surgery

Neurosurgery Surgery

Orthopedic Surgery

Others

Segmentation By Application:

Surgical Robots

Rehabilitation Robots

Non-invasive Radiosurgery Robots

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

China to Witness the Highest Growth

The growing demand for the advance healthcare infrastructure system in APAC is expected to witness healthy growth during the forecast period. China contributes to a majority of market share in the region. Chinese demand for medical robots is mainly driven by the increasing adoption of instrument-based services. The demand is also supported by other factors, such as lack of skilled physiotherapists and caretakers.

The growing demand for advanced healthcare infrastructure systems in the Asia region is expected to witness healthy growth during the coming period. China contributes to the majority of market share in the region. The Chinese demand for medical robots is mainly driven by the increasing adoption of instrument-based services, and also, the demand is supported by other factors, such as lack of skilled physiotherapists and caretakers.

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What the Report Provides?

Market Size Estimates: The report offers accurate and reliable estimation of the market size in terms of value and volume. Aspects such as production, distribution and supply chain, and revenue for the Medical Robot market are also highlighted in the report

Analysis on Market Trends: In this part, upcoming market trends and development have been scrutinized

Growth Opportunities: The report here provides clients with the detailed information on the lucrative opportunities in the Medical Robot market

Regional Analysis: In this section, the clients will find comprehensive analysis of the potential regions and countries in the Medical Robot market

Analysis on the Key Market Segments: The report focuses on the segments: end user, application, and product type and the key factors fueling their growth.

Vendor Landscape: Competitive landscape provided in the report will help the companies to become better equipped to be able to make effective business decisions.

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