Global Medical Robots Market is anticipated to reach USD 12.80 billion by 2021| Market Data Forecast

According to the report Global Medical Robots Market, published by Market Data Forecast, The Market was worth USD 4.90 billion in 2016 and estimated to be growing at a CAGR of 21.1%, to reach a market size of USD 12.80 billion by 2021.

The Medical Robots market is showing evident potential in the mentioned forecast period. The medical robots market continues to gain momentum with increasing technological advancements in the field of healthcare and pharma, which has helped the doctors to treat patients with ailments which can’t be treated as effectively by a human surgeon. Thus, more and more companies have been showing interest in this market.

Browse market data tables and in-depth TOC of the Global Medical Robots Market to 2021 @http://www.marketdataforecast.com/market-reports/global-medical-robots-market-1885/

Medical Robots are nothing but robots used in medical sciences. There are different types of medical robots including surgical robots and others. These medical robots help in carrying out task with more precision than an unaided human surgeon or provide the option of remote surgery in case of unavailability of human surgeon.

The technological advancements in the healthcare department have been one of the major factors driving the Medical Robots market. Apart from this, the other factors contributing to the growth of the market are Increase in funding for Medical Robots research, Issuance of Ipos by Medical Robots companies, growing hospital investments in Medical Robots and the advantages offered by Robot-Assisted Training in Rehabilitation Therapy. Besides drivers, there are some challenges and restraints faced by the market as well. The major ones include, safety concerns over Robotic Surgery Devices and high cost of Robotic Systems with unjustified cost benefits of Robotic Surgeries.

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Global Medical Robots Market: Segmentation
Product
• Surgical Robots
o Laparoscopy Robotic Systems
o Orthopaedic Robotic Systems
o Neurosurgical Robotic Systems
o Steerable Robotic Systems
• Rehabilitation Robotic Systems
o Therapeutic Robotic Systems
o Assisstive Robotic Systems
o Prosthetic Robotic Systems
o Orthotic Robotic Systems
o Exoskeleton Robotic Systems
• Non-Invasive Radiosurgery Robotic Sytems
• Hospital & Pharmacy Robotic Systems
o Pharmacy Robotic Systems
o IV Robotic Systems
o Tekemedicine Robots
• other Robotic Systems
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
Application
• Laparoscopy
• Orthpaedics
• Neurology
• Special Education
• Other Applications
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

On the basis of geographical analysis, the medical robots market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Medical Robots market was dominated by North America. North America was followed by Europe and Asia-Pacific. Asia Pacific medical robots market is predicted to grow at a rapid pace in the coming few years.

Some of the major companies dominating the medical robots market, by their products and services include Intuitive Surgical Inc., Stryker Corporation, Hocoma AG, Mazor Robotics Ltd, Hansen Medical Inc, Accuray Incorporated, Omnicell Inc., Arxium, EKSO Bionics Holdings Inc., Kirby Lester LLC.

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Reasons to buy Global Medical Robots Market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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