Medical Robots Market: Industry Size, Growth, Demand, Opportunities and Forecast By 2029
Data Bridge Market Research Published Latest Medical Robots Market Study by in-depth analysis about current scenario, the Market size, demand, growth pattern, trends, and forecast. Medical Robots Market analysis report covers detailed value chain analysis of the market. The value chain analysis helps to analyze major upstream raw materials, major equipment, manufacturing process, and downstream customer analysis and major distributor analysis are mentioned in the report along with all the drivers and restraints for the market.
Global medical robots market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the global medical robots market is growing with a CAGR of 15.7% in the forecast period of 2022 to 2029 and is expected to reach USD 34,470.62 million by 2029 from USD 11,656.32 million in 2021. Rising healthcare expenditure and escalation in innovation and technologies are major drivers which are expected to the growth of the market in the forecast period.
Market Overview:-
The increase in the geriatric population is propelling the market growth as it lead to greater use of robots in performing numerous task such as fetching water or food, medication reminder, cognitive training, entertainment, telepresence communication, vital signs monitoring etc.
These robots introduced to address the needs for geriatric people that include physical and medical care. Additionally, the senior population are greatly affected by chronic diseases can be the factor for growth of global medical robots market.
The increase in the use of these robotic applications in the rehabilitation centres who suffered from neurological and spinal cord injuries leads to the rising demands of exoskeleton robots in the therapy that drives the global medical robotic market.
Regulation of medical devices play significant role in healthcare. Achieving the requisite approval for legal selling of medical devices in such jurisdictions can entail significant financial expenditure, which could take months or years to complete. If these constraints are not understood or taken into account, delays can seriously jeopardize the likelihood of success in a highly competitive market
Major players covered in the report are ARxIUM, Ekso Bionics, Capsa Healthcare, ReWalk Robotics, Renishaw plc, Hocoma, Asensus Surgical US, Inc., Paro Robots U.S., Inc., Yukai Engineering Inc., Stryker, Accuray Incorporated, Corindus (A Siemens Healthineers Company), Kuka AG, Auris Health, Inc. (a subsidiary of Johnson and Johnson), CMR Surgical Ltd., Stereotaxis, Inc., InTouch Health Inc. (subsidiary of Teladoc Health, Inc.) among others domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Medical Robots Market Regional Analysis/Insights
The Medical Robots market is analysed and market size insights and trends are provided by country, product, application and disease type as referenced above.
The countries covered in the Medical Robots market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the Medical Robots market because of the strong base of healthcare facilities, rising investment from key players in the growth of the advanced devices, growing number of processes pertaining to drug development, and rising number of research activities in this region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in government initiatives to promote awareness, rise in medical tourism, growing research activities in the region, rise in the incidences of lifestyle-related diseases and autoimmune disorders and the growing demand for quality healthcare in the region.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Medical Robots Market
Chapter 3: Regional analysis of the Global Medical Robots Market industry
Chapter 4: Medical Robots Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
The investment made in the study would provide you access to information such as:
Medical Robots Market [Global – Broken-down into regions]
Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
Country wise Market Size Split [of important countries with major market share]
Market Share and Revenue/Sales by leading players
Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
Market Size)
Market Size by application/industry verticals
Market Projections/Forecast
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