openPR Logo
Press release

Medical Robots Market is grow at a CAGR of 12.4% by 2031 | Intuitive Surgical, Stryker Corporation, Hocoma, Mazor Robotics

08-22-2023 02:56 PM CET | Health & Medicine

Press release from: Global Insight Services

The global medical robots market was valued at USD 10.6 billion in 2021 and it is anticipated to grow further till USD 34.3 billion by 2031, at a CAGR of 12.4% during the forecast period.

To Remain 'Ahead' Of Your Competitors, Request for A Sample - https://www.globalinsightservices.com/request-sample/GIS10436

Medical robots are professional service robots that are utilized both within and outside of hospitals to raise the standard of care provided to patients. They lessen the workload of medical professionals, allowing them to devote more time to actively caring for patients, and they establish extensive operational procedures that result in effectiveness and lower investments in healthcare amenities.

Market Trends and Drivers

The main factor propelling market growth is the expansion of robot-assisted training's applications in rehabilitation therapy. Robotic rehabilitation therapy provides high-dose and intense training, making it beneficial for patients with motor problems brought on by spinal cord illness or stroke. End-effector and exoskeleton are the main components of robotic devices used for motor rehabilitation. The use of robot-assisted therapy is for patients recovering from strokes to have better gait function.

Report Overview- https://www.globalinsightservices.com/reports/medical-robots-market

Market Restraints and Challenges

The restraints incurred are the safety apprehensions of Medical Robots. Many factors can cause safety problems for Medical Robots, the human error where wrong instructions are fed into the robotic system. The system error also occurs, such as the hardware being triggered by software. The challenge to overcome in introducing Medical Robots in the hospital is the upfront cost to be taken.

Based on the product, it is segmented into instruments & accessories, and robotic systems. It is anticipated that over the forecast period, the Robotic Segment will hold the greatest market share. The expansion of this market may be attributed to the increasing use of technical advancements like speech recognition, adaptive programming, better sensors, and cloud technology in robotic systems to boost their functionality and efficiency.

Get A Customized Scope to Match Your Need Ask an Expert - https://www.globalinsightservices.com/request-customization/GIS10436

Major Players in the Global Medical Robots Market

The major players studied in the report are Intuitive Surgical, Stryker Corporation, Hocoma, Mazor Robotics, Hansen Medical (A Wholly Owned Subsidiary of Auris Surgical Robotics), Accuray, Omnicell, ARxIUM, Ekso Bionics, and Kirby Lester among others.

COVID-19 Impact

Since the COVID -19 pandemic began, demand for medical robots has increased significantly. The UVD-Robots from Blue Ocean Robotics, a Danish company, can freely roam around patient rooms and operating rooms while covering important surfaces with the ultraviolet light that kills bacteria and viruses. More dangerous bacteria are eradicated from a surface the lighter the robot exposes it to. In a typical patient room, 99.99% of all bacteria and germs are eliminated in less than 10 minutes.

Global Medical Robots Market Segmentation

By Product

Instruments & Accessories
Robotic System

By Application

Laparoscopy
Orthopedic Surgeries
Neurosurgeries
Pharmacy Applications

Buy Now - https://www.globalinsightservices.com/checkout/single_user/GIS10436

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

New Report Published by Global Insight Services : https://www.globalinsightservices.com/reports/hydrogen-projects-database/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medical Robots Market is grow at a CAGR of 12.4% by 2031 | Intuitive Surgical, Stryker Corporation, Hocoma, Mazor Robotics here

News-ID: 3175493 • Views:

More Releases from Global Insight Services

U.S. and Colorado RTD Cocktail Market Overview by Rising Demands and Scope 2024 to 2033
U.S. and Colorado RTD Cocktail Market Overview by Rising Demands and Scope 2024 …
Market Definition An RTD cocktail is a pre-mixed alcoholic beverage that is typically sold in a can or bottle. RTD cocktails are convenient because they require no additional mixing or preparation, making them ideal for parties or other events where alcohol will be served. There are a variety of RTD cocktails available, including popular options such as Moscow Mules, Margaritas, and Bloody Marys. RTD cocktails are typically made with lower-quality alcohol,
Space Semiconductor Market Booming Across the Globe by Growth, Segments and Forecast 2033
Space Semiconductor Market Booming Across the Globe by Growth, Segments and Fore …
Market Definition A space semiconductor is a type of semiconductor device that is designed to function in extreme conditions found in outer space. Space semiconductors must be able to withstand high levels of radiation and extreme temperatures, as well as the vacuum of space. Space semiconductors are used in a variety of space-based applications, including satellites, spacecraft, and telescopes. They are also used in space exploration missions, such as the Mars
E-passport Market A Deep Dive Into Market Size, Share, And Trends By 2033 | Mühlbauer Group, Primekey Solutions Ab, Thales Group, Safran
E-passport Market A Deep Dive Into Market Size, Share, And Trends By 2033 | Müh …
Market Definition The E-passport Market represents a transformative shift in travel documentation, offering enhanced security and efficiency compared to traditional passports. Also known as biometric passports, E-passports incorporate a microprocessor chip containing the holder's biometric information, such as fingerprints and facial recognition data, along with personal details. This technology not only mitigates the risk of identity theft and fraud but also expedites border control processes by enabling automated authentication. Market Outlook The E-passport
Oligonucleotide Synthesis Market Share, Size 2024 Global Comprehensive Research Study, Trends, Development Status, Opportunities, Future Plans, Competitive Landscape And Growth By Forecast 2033
Oligonucleotide Synthesis Market Share, Size 2024 Global Comprehensive Research …
Market Definition The Oligonucleotide Synthesis Market is a vital component in the biotechnology and pharmaceutical industries, providing customized strands of DNA or RNA sequences for various applications such as genetic research, diagnostics, and therapeutic development. This market encompasses a range of synthesis technologies, including solid-phase synthesis and enzymatic methods, allowing researchers to tailor oligonucleotides with precision. As advancements in genomics, personalized medicine, and synthetic biology drive demand for high-quality oligonucleotides, the

All 5 Releases


More Releases for Medical

ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924 Global Medical Casting & Splinting market 2019 research provides a basic overview of
Global Embolization Particle Industry 2018 - Sirtex Medical, Merit Medical, Cook …
The Global Embolization Particle Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Embolization Particle industry. Firstly, Embolization Particle Market report provides a basic overview of the Embolization Particle industry including definitions, classifications, applications and Embolization Particle industry chain structure. Global Embolization Particle Market analysis is provided for the international market including development history, Embolization Particle industry competitive landscape analysis, and major regions
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis. Get Free