03-22-2018 03:57 PM CET - Business, Economy, Finances, Banking & Insurance

Healthcare Robotics Market: New Investments Expected to boost the Demand with Rising Awareness Regarding Vast Benefits to Drive Market

Press release from: Xpodence Research

Market Definition:
The global healthcare market size was estimated USD 3.76 Billion in 2014 and is expected to witness significant growth over the forecast period. Healthcare robots are used in wide range of applications which include drug manufacturing, dispensing drugs to patients and moving inventory in medical supply facilities.

Increasing demand of the surgical robots such as da Vinci surgical systems is expected to intensify the market growth over the forecast period. These robots offers 3D HD vision systems for a magnified and clear view of patients body and assist doctors in various complex procedures with high precision and flexibility.

Major Key Players:
The key vendors dominating the market include Elekta, Mazor Robotics, Intuitive Surgical, Tecan Group, Qiagen, and Varian Medical System. Other companies include Titan Medicals, Curexo Technology, THINK Surgical, Hansen Medical, and Health Robotics.

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Market Segmentation:
The marine propeller market is bifurcated on the basis of propeller type, blade types, material type, and application. The market is segmented by propeller type as controllable pitch propeller, ducted propellers, and fixed pitch propeller. The global marine propeller market is segmented on the basis of blade types as three blade marine propeller, four blade marine propeller, five blade marine propeller and others. The global marine propeller market is bifurcated based on material type as a bronze marine propeller, aluminum marine propeller, and stainless steel marine propeller. Based on application, the global marine propeller market is segmented as defense and merchant ships, and boats including recreational boats, tug boats, and submarines.

Market Analysis with Latest Growth Factors:
The market is segregated into two major segments which include rehabilitation robots and robotics surgery market. The rehabilitation robotics consists of prosthetic robotics, exoskeleton robotic system, orthotic robotics, and therapeutic robotics. The robotics surgery market is further segregated based on the components and services which include robotic surgical systems, instruments and accessories, and services.

The robotic surgery holds the major share in the market owing to wide scale improvements in patient monitoring, and the ability to deliver better medical results with high accuracy and precision while implantation and component replacement in orthopedics is expected to enhance the market growth over the forecast period. The application of the robotics surgery includes gynecology, urology, and general surgery.

Although, the high cost associated with healthcare robots induce the patients to go for normal treatment. However, emerging trends which include implementation of robotic in-patient rehabilitation programs and replacement of manual surgical assistance indicate the immense growth over the forecast period.

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Region Analysis:
North America market is projected to dominate the market owing to increasing government spending in the healthcare infrastructure sector. U.S. is investing heavily in healthcare sector since the aging population has increased densely in metropolitan cities. According to the American Society of Aesthetic Plastic Surgery report in 2014, a total of 1,764,956 procedures have been carried out in cosmetic procedures.

The industry in APAC region is projected to grow enormously as the countries such as China, South Korea and India has been adopting healthcare robots in rehabilitation centers and hospitals. Furthermore, Japan is expected to lead the healthcare robotics industry owing to increase need for reduced lead time for addressing the patients and for aging population.

Major Points from Table of content:
• Executive Summary
Research Methodology
• Market Dynamics
• Industry Overview
• Global Healthcare Robotics Market, By Product (2017-2025)
• Global Healthcare Robotics Market, By Regions (2017-2025)
• Market Competition Analysis

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