Minimally Invasive Medical Robotics Market to Cross US$ 44 Billion by 2016

New York, March 27: Market Research Engine has published a new report titled as “Minimally Invasive Medical Robotics Market By Product Analysis (Rehabilitation Robots, Surgical Robots, Hospital and Pharmacy Robots, Non-invasive Radio surgery Robots); By Application Analysis (Laparoscopy, Orthopedic, Neurology) and By Regional Analysis – Global Forecast by 2016 – 2022”.

How Big is the Global Minimally Invasive Medical Robotics Market?

The Global Minimally Invasive Medical Robotics Market is expected to exceed more than US$ 44 billion by 2016 and will grow at a CAGR of more than 8% in the given forecast period.

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Medical robotics were in use in the medical region for numerous programs seeing that early 1980s. Despite the fact that, because of reliability and safety worries, the adoption of medical robotics have been quite slow. With the increasing skills and the continued fashion of automation across specific utility sector, medical robotics has located giant utility inside the healthcare zone, over the time frame. These days, scientific robots were developed for acting diverse surgical approaches such as neurological, orthopedics, minimally invasive surgical procedures and others. Popular forms of medical robots, designed as in line with the software, consist of surgical robots, rehabilitation robots, minimally invasive robots, medical institution and pharmacy robots and others.

The major driving factors of Global Minimally Invasive Medical Robotics Market are as follows:

• Overall superior economic and social advantages of medical robotics over traditional human operation.
• Encouragement and funding provided by various national governments
• Increasing demand for minimally invasive treatment
• Rapid advancements in new technologies
• Increased use and acceptance of imaging
• Increasing consumer awareness for preventive diagnostic screening

The restraining factors of Global Minimally Invasive Medical Robotics Market are as follows:

• Reimbursement issues
• Lack in surgeon’s knowledge and learning curve expertise in robotic-assisted surgery
• Declining average selling prices

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The Global Minimally Invasive Medical Robotics Market is segmented on the lines of its product, application and regional. Product segmentation is further classified into rehabilitation robots, surgical robots, hospital and pharmacy robots, non-invasive radio surgery robots and others. Rehabilitation robots are classified into therapeutic robots, prosthetics, assistive robots, orthotics and exoskeleton robotic systems. Surgical robots cover laparoscopy robotic systems, neurosurgical robotic systems, orthopedic surgical robots and steerable robotic catheters. Hospital and Pharmacy robots are classified into pharmacy robots, IV robots and telemedicine robots. Based on application segmentation it covers laparoscopy, orthopedic, neurology and others. The Global Minimally Invasive Medical Robotics Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for minimally invasive medical robotics and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for Global Minimally Invasive Medical Robotics Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for Global Minimally Invasive Medical Robotics Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include iRobot Corporation, Renishaw Plc., Titan Medical Inc., Med robotics Corporation, Accuray, Inc., Varian Medical Systems, Intuitive Surgical, Inc., OR Productivity Plc. and others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Minimally Invasive Medical Robotics Market has been segmented as below:

By Product Analysis

• Rehabilitation Robots
o Therapeutic Robots
o Prosthetics
o Assistive Robots
o Orthotics
o Exoskeleton Robotic Systems
• Surgical Robots
o Laparoscopy Robotic Systems
o Neurosurgical Robotic Systems
o Orthopedic Surgical Robots
o Steerable Robotic Catheters
• Hospital and Pharmacy Robots
o Pharmacy Robots
o IV Robots
o Telemedicine Robots
• Non-invasive Radiosurgery Robots
• Others

By Application Analysis

• Laparoscopy
• Orthopedic
• Neurology
• Others

By Regional Analysis

• North America
• Europe
• Asia-Pacific
• Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Global Minimally Invasive Medical Robotics Market.

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of Global Minimally Invasive Medical Robotics Market data.

4) Assess your competitor’s refining portfolio and its evolution.

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