Medical Robots Market Growing at CAGR of 22.3% by 2025: Growth By Application, Technology Service, Industry Vertical Industry Policies, Share, Challenges, Demand and Top Players

(IT-NEWSWIRE.COM, September 18, 2018 ) In our study of medical robots the market is segmented into three major segments such as product, application, and end user. The product segment is divided into surgical robots, rehabilitation robots, non-invasive radiosurgery robots, hospital & pharmacy robots and others. The application segment consists of laparoscopy, neurology, orthopedics, gynecology, urology, cardiology and others. Similarly, the end user is classified as hospitals and ambulatory surgical centers. The market for the medical robots was valued at US$ 5,740.8 in 2017 and is expected to reach US$ 28,776.5 Mn in 2025. The market is estimated to grow with a CAGR of 22.3% from 2017-2025.

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The prominent players operating in the market include Intuitive Surgical, Inc., Stryker, Hocoma AG, Mazor Robotics Ltd., Hansen Medical, Inc. Auris Surgical robotics, Accuray Incorporated, Omnicell Inc., ARxIUM, EKSO Bionics Holdings, Inc., and Kirby Lester, LLC among others.

The robots are designed to assist surgeons during the surgical procedures. However, the medical robots are majorly used for surgical producers, there are different types of medical robots. The types of the medical robots include surgical robots, rehabilitation robots, hospital & pharmacy robots and more. The targeted stakeholders for the reports include suppliers and distributors of medical robot systems medical robots and related device manufacturing companies, hospitals and diagnostic centers, ambulatory surgery centers and others.

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The objective or the scope the study was defining, describing, and forecasting the medical robots market on the basis of product, application, end user and region. In addition, analyzing the market structure, profiling the key players of the market, and comprehensively analyzing their core competencies. Tracking and analyzing competitive developments such as new product launches; market consolidations in the medical robots market. Moreover, the aim of the study was providing detailed information regarding the major factors or the reasons that are influencing the growth of the market in the five major regions such as North America, Europe, Asia Pacific, Middle East and Africa and South and Central America.

The market in different regions is analyzed by the PEST analysis and the SWOT analysis is provided for the profiled companies in our scope of study. For instance, the PEST analysis of the North America region contain political factor - government efforts to utilize the medical robotic in US, the economic factor - reimbursements plans, social factor - robotic surgeries serves advantages to patients, and the technological factor - rise in the developments. Thus, the report provides all the major factors, such as drivers, restraints, opportunities, trends that are impacting the growth of the medical robots in the forecasted period.

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Sameer Joshi

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Medical Robots Market Growing at CAGR of 22.3% by 2025: Growth By Application, Technology Service, Industry Vertical Industry Policies, Share, Challenges, Demand and Top Players