Zion Market Research, the market research group announced the analysis report titled ‘Medical Robot Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016 – 2024‘
Global Medical Robot Market: Overview
Medical robots are one of the most important and efficient innovations in this century. Medical robots have been used in the healthcare industry since an early age. Though the technology is very previously innovated but due to human safety concerns and reliability factor the adoption rate of robots in the medical industry has been very sluggish. But, due to rapid advancement in the automation and robotic system, the robots have turned out as a trustworthy technology. Modernized medical robots can perform surgical procedures and intricate surgeries. In coming future, researchers are also in the plan to build medical robots that can perform surgeries in space.
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Global Medical Robot Market by Segmentation: The global medical robot market is diversified based on product types which include robotic systems, instruments, and accessories. Further, the robotic system is sub-segmented in surgical robots, rehabilitation robots, radiosurgery robots, telemedicine robots, and many others. Additionally, based on applications of medical robots it is bifurcated in laparoscopy, neurology, orthopedics, medical education, and certain similar applications. Regionally, the global medical robot market is widely distributed in certain geographical regions which include Asia Pacific, North America, Europe, Middle East and Africa, and Rest of the World.
Global Medical Robot Market by Growth Factors: Rise in funding rounds in the robotic industry to develop more advanced robots that can be fully automated to perform various medical practices is driving the growth of global medical robot market. Scientist and researchers are trying their best to reveal and explore the machine limits and to make medical robots more efficient in terms of error-reduction and high output results. Rising implementation of robot-assisted training programs in rehabilitation therapy has boosted the demand for such efficient medical robot. Development of nanobots which means nanorobots for treating some of the brutal diseases such as cancer is opening new doors for the medical treatment facility, which is indirectly fostering the graph of the global medical robot market.
On the other side, the high cost of equipment and installation and safety concerns over robot-based medical treatment is certainly hampering the growth of the global medical robot market.
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Global Medical Robot Market by Regional Analysis: Geographically, North America is leading the global medical robot market and the region is expected to retain its dominance due to the adoption of robots in medical applications and governments keenly backing the robot development projects. Asia-Pacific region is projected to witness a rapid growth owing to a large number of investors directing their investment on healthcare and medical industry.
Global Medical Robot Market by Competitive Players: Various key players contributing in terms of product and services and their development in the global medical robot market include Mazor Robotics Ltd., Aesynt Inc., Accuray, Inc. Hocoma, Intuitive Surgical, Inc., Kirby Lester Llc., Hansen Medical, Inc., Stryker Corporation, and Arxium and Ekso Bionics Holdings, Inc.
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Medical Robot Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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