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Medical Robots Market 2023 : Industry Insights, Growing Trends And Outlook 2032 | Smith and Nephew PLC, Strikers, Aethon, Intuitive Surgical Inc., Major Robotics
Medical Robots Market Trends
The Business Research Company's Medical Robots Global Market Report 2023 identifies rising demand for precise and proper laparoscopic operations as the major driver for the Medical Robots market's growth in the forecast period. The laparoscopic operation allows a surgeon to perform complex procedures within the abdomen without having to place his hands directly into the body cavity. Medical robots are more efficient at performing laparoscopic procedures. As a result, there is rising demand for precise and proper laparoscopic operations that boost market growth.
The global medical robots market size grew from $11.17 billion in 2022 to $13.25 billion in 2023 at a compound annual growth rate (CAGR) of 18.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The medical robots market size is expected to grow to $26.43 billion in 2027 at a CAGR of 18.9%.
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Major competitors in the Medical Robots market are Smith and Nephew PLC, Strikers, Aethon, Intuitive Surgical Inc., Major Robotics, Intouch Technologies Inc., Renishaw PLC., MedTech SA, Ekso Bionics Holdings Inc., ReWalk Robotics , Medrobotics Corporation, McKesson Corporation, Hocoma AG, Cyberdyne Inc., and BD Rowa.
A key trend in the Medical Robots market includes technological advancements. Major companies operating in the medical robot market are focused on developing new technological solutions to strengthen their position. For instance, in April 2022, Diligent Corporation, a US-based healthcare robotics company, created Moxi, an AI-enabled robot that can handle time-consuming logistical tasks in hospitals such as setting up patient rooms and replenishing supplies.
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The Medical Robots market is segmented -
By Type: Hospital and Pharmacy Robotic Systems, Surgical Robotic Systems, Noninvasive Radiosurgery Robotic Systems, Rehabilitation Robotic Systems, Other Types
By Solutions: On-Premises, Cloud
By Application: Cardiology, Laparoscopy, Pharmacy, Neurosurgery, Orthopedic Surgery, Other Applications
By End Users: Specialty Centers, Hospitals and Clinics, Rehabilitation Centers, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Medical Robots market.
The Business Research Company's "Global Medical Robots Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Medical Robots Market Include:
1. Executive Summary
2. Medical Robots Market Characteristics
3. Medical Robots Market Trends And Strategies
4. Medical Robots Market - Macro Economic Scenario
5. Medical Robots Market Size And Growth
……
26. Africa Medical Robots Market
27. Medical Robots Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Robots Market
29. Medical Robots Market Future Outlook and Potential Analysis
30. Appendix
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