Medical Robots Market Revenue Expectations, and Regional Analysis Forecast to 2028

The global Medical Robots Market is projected to reach US$ 25,443.36 million by 2028 from US$ 9,189.70 million in 2022; it is expected to grow at a CAGR of 18.5% from 2022 to 2028.

Factors such as increasing number of surgical procedures and rising number of product launches & approvals drive the overall growth of the medical robots market. However, the high cost of surgical procedures and installation hampers the medical robots market growth.

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Analysis of the Top Market Players:

1. Abbott
2. F. Hoffmann-La Roche Ltd.
3. Immunexpress Inc.
4. BD
5. Danaher
6. Luminex Corporation
7. Thermo Fisher Scientific Inc.
8. bioMerieux SA.
9. T2 Biosystems, Inc.
10. Axis-Shield Diagnostics Ltd.

In this report, the market has been segmented on the basis of:

Product
• Surgical Robots
• Hospital & Pharmacy Robots
• Rehabilitation Robots
• Non-Invasive Radiosurgery Robots

Application
• Laparoscopy
• Neurology
• Orthopedics
• Gynecology
• Urology
• Cardiology

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Medical robots are professional service robots used in and out of hospitals to improve overall patient care. They reduce the workload of medical staff, allowing them to spend more time directly caring for patients while developing substantial operational procedures that provide efficacy and lower-cost investments in healthcare amenities. Medical robots are used in a variety of applications, including telepresence robots for remote caregiving, disinfectant robots to reduce hospital-acquired infections, and robotic exoskeletons for rehabilitation training that provide external support and muscle training. Medical robots are used in hospital settings to deliver medications and other sensitive materials. A medical robotic system ensures precision and is used for remotely controlled, minimally-invasive procedures. The current systems comprise computer-controlled electromechanical devices that work in response to controls manipulated by the surgeons. Robots offer various advantages in the medical field. They reduce procedure times and reduces stay in hospitals, minimize the risk of surgical site infections, and limit pain and discomfort. In addition to these advantages, it helps in better recovery & faster recovery time, and blood loss and transfusion are lessened.

Nanorobots play an important role in bio-medicine, majorly for treating cancer and cerebral aneurysms, removing kidney stones, and eliminating defected parts in the DNA structure. The current stages of medical technologies and therapy tools are used to treat cancer successfully. For successful treatment, efficient drug delivery is important to decrease the side effects of chemotherapy. Nanorobots with implanted chemical biosensors are used to detect the tumor cells in the early stages of cancer development inside a patient's body. Nanosensors are utilized to find the intensity of E-cadherin signals. Drugs can cause side effects in many cancer cases because they cannot differentiate between cancer cells and healthy ones. Nanorobots target only tumors and do not cause clotting elsewhere in the body. Therefore, side effects can be avoided in cancer treatment.

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