Medical Robotics Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2022-2026
Accelerating at a CAGR of 23.6%, the Global Medical robotics market is expected to grow by $ 8.90 billion during the forecast period. Our research report offers growth projections of all the market segments, along with an in-depth analysis of all the factors that are likely to boost growth. This research also delves deep into issues that are likely to challenge market growth. This detailed analysis of the market will facilitate clients in planning a business strategy for the growth of their business in the post-pandemic era.
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Medical Robotics Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Product (Instruments and accessories and Robotic systems), Application (Laparoscopy, Orthopedic surgery, Neurosurgery, and Others), and Geographic (North America, Europe, APAC, Middle East and Africa, and South America).
- 45% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Medical Robotics Market size.
Medical Robotics Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Advantages of robot-assisted training in rehabilitation therapy will be a significant factor in driving the growth of the Medical Robotics Market.
- Increasing adoption of surgical robots will be instrumental in driving the market growth during the forecast period.
- Safety concerns over robotic surgical devices is a hurdle that needs to be crossed on the path to success.
Medical Robotics Market: Vendor Analysis
- The market is concentrated.
- Asensus Surgical US Inc., Accuray Inc., Acieta LLC, Auris Health Inc., CMR Surgical Ltd., Denso Wave Inc., Diligent Robotics Inc., Intuitive Surgical Inc., Kawasaki Heavy Industries Ltd., Kinova Inc., KUKA AG, Manta Product Development Inc., Mayo Foundation for Medical Education and Research, Medtronic Plc, Merck KGaA, Seiko Epson Corp., Smith and Nephew plc, Stryker Corp., THINK Surgical Inc., and Zimmer Biomet Holdings Inc. are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
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Key Areas Covered in our Report:
- Medical Robotics Market Split by Product
- Instruments and accessories
- Robotic systems
- Medical Robotics Market Split by Application
- Laparoscopy
- Orthopedic surgery
- Neurosurgery
- Others
- Medical Robotics Market Split by Geographic
- North America
- Europe
- APAC
- Middle East and Africa
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Asensus Surgical US Inc.
- Accuray Inc.
- Acieta LLC
- Auris Health Inc.
- CMR Surgical Ltd.
- Denso Wave Inc.
- Diligent Robotics Inc.
- Intuitive Surgical Inc.
- Kawasaki Heavy Industries Ltd.
- Kinova Inc.
- KUKA AG
- Manta Product Development Inc.
- Mayo Foundation for Medical Education and Research
- Medtronic Plc
- Merck KGaA
- Seiko Epson Corp.
- Smith and Nephew plc
- Stryker Corp.
- THINK Surgical Inc.
- Zimmer Biomet Holdings Inc.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 23.6%.
- What is the incremental growth of the market?
The market is expected to grow by $ 8.90 billion through 2022-2026.
- What is a key factor driving this market?
Advantages of robot-assisted training in rehabilitation therapy will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, Middle East and Africa, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
45% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Asensus Surgical US Inc., Accuray Inc., Acieta LLC, Auris Health Inc., CMR Surgical Ltd., Denso Wave Inc., Diligent Robotics Inc., Intuitive Surgical Inc., Kawasaki Heavy Industries Ltd., Kinova Inc., KUKA AG, Manta Product Development Inc., Mayo Foundation for Medical Education and Research, Medtronic Plc, Merck KGaA, Seiko Epson Corp., Smith and Nephew plc, Stryker Corp., THINK Surgical Inc., and Zimmer Biomet Holdings Inc.
- What are the market segments covered in this report?
The market is segmented by Product (Instruments and accessories and Robotic systems), Application (Laparoscopy, Orthopedic surgery, Neurosurgery, and Others), and Geographic (North America, Europe, APAC, Middle East and Africa, and South America)
