Medical And Surgical Robotics Market Analysis by Major Companies, Size, Segmentation, Market Dynamics 2020
Category: #health  By Sachin Pashte  Date: 2020-03-20
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Medical And Surgical Robotics Market Analysis by Major Companies, Size, Segmentation, Market Dynamics 2020

The global market of medical and surgical robotics shows the potential to grow at 17.20% of CAGR during the estimated period of 2019 to 2027. Medical robotics are robots that operate through computer programs with the help of doctors. It provides precision methods greater access to complex parts which are difficult to operate manually. With the technological advancement in robotics and its rising application in the healthcare sector, the demand for medical robots is rising.

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Regional Outlook

Geographically, the global medical & surgical robotics market is classified among regions, namely North America, Asia- Pacific, Europe, Latin America and Middle East & Africa. The North America region is the key leader of the market across the globe and is expected to develop due to the rising demand for surgical robots and growing healthcare industries. Also, the growing technological advancement and government support are fueling the market growth. On the other hand, Asia Pacific region shows vast opportunities owing to the rising end-user healthcare industries and facilities in developing countries like India, China, Japan and others. The market in Europe is escalating as a result of rising entrepreneurs and government initiatives for the promotion of professional & personal services robot.

The growing need for minimally invasive surgeries and rising geriatric population across the globe attributes to the growth of the global medical and surgical robotics market. The use of time-saving Medical Robotics and Computer Assisted Surgery (MRCAS) is rising owing to its benefits, namely minimally invasive surgeries capability, reduced pain and blood loss and quick patient recovery, thereby boosting the market growth.

The global medical and surgical robotics market is segmented on the basis of types, applications and geography. Based on its applications, the market is classified as Cardiac, Gastrointestinal, Urology, Orthopedic, Neurosurgical, Ear-Nose-Throat (ENT), Prosthetic and others. The growth in the demand for laparoscopic and cardiac surgeries are driving the MRCAS market.

Competitive Outlook

The dominant players operating in the global market are namely, Irobot Corporation, Kirby Lester, Rewalk Robotics, Carefusion, Hocoma AG, Aesynt Inc., Agilent Technologies, Biotek Instruments, Hansen Medical Inc., Mazor Robotics, Intuitive Surgical, Aurora Biomed, Abbot Diagnostics, Accuracy Inc.

The key players use various strategies to establish a stronghold in the market. There are many entry-level barriers for new entrants such as high capital cost and government barriers for licensing.

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Table Of Content

1. Global Medical And Surgical Robotics Market - Summary

2. Industry Outlook

3. Medical And Surgical Robotics Industry Outlook – By Types

3.1. Surgical Robotics And Computer-Assisted Surgery

3.2. Medical Robotics

4. Medical And Surgical Robotics Industry Outlook – By Applications

4.1. Cardiac

4.2. Gastrointestinal

4.3. Urology

4.3.1. Market Trends In Urology Market

4.4. Orthopedic

4.5. Neurosurgical

4.6. Ent

4.7. Prosthetic

4.8. Multipurpose/Others

5. Medical And Surgical Robotics Industry – Regional Outlook

6. Competitive Landscape

7. Methodology And Scope

 

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About Author

Sachin Pashte

Email: [email protected]   

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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