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Medical Robotic System Market is expected to exhibit a CAGR of 14.3% | Intuitive Surgical, Transenterix, Medrobotics, Verb Surgical
Medical Robotic System Market is expected to exhibit a CAGR of 14.3% | Intuitive Surgical, Transenterix, Medrobotics, Verb Surgical
Medical robotic systems, such as rehabilitation robotic systems, laparoscopic robotic systems, spine robotic systems, and surgical robotic systems

January 13th, 2022 Coherent Market Insights Releases

Overview:

Medical robotic systems, such as rehabilitation robotic systems, laparoscopic robotic systems, spine robotic systems, and surgical robotic systems, are used in numerous medical application such as surgery, depending on its usage. Furthermore, these systems help reduce hospital stay, improve outcome of surgery, and causes less trauma to the patient. Robotic systems are also used to make accurate and precise decisions based on the medical images obtained. They are also used in radiosurgery, where focused beam of ionizing radiation are directed at the patient, primarily to treat tumors. May medical robotic systems are under research and development, and are expected to be approved by the FDA in the coming future.

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Drivers:

Increasing use of laparoscopic procedures, advanced medical imaging, and robotic assistance and technological advancements are expected to augment growth of the global medical robotic system market over the forecast period. Increasing number of minimal invasive surgeries and therapies is also expected to propel the market growth.

Moreover, frequent product approvals and launches are expected to boost growth of the global medical robotic system market. Players in the market are focusing on developing and launching novel products in the marker to strengthen their product portfolio. For instance, in September 2017, Mazor Robotics Ltd. announced CE Mark approval for its Mazor X Surgical Assurance Platform to market Mazor X in the European Union, as well as other countries that recognize the CE Mark. Furthermore, in May 2018, Hocoma announced the launch of the ArmeoSenso, a sensor-based solution for patients with mild to moderate impairments of the upper extremity.

Restraints:

High cost of medical robotic system, product recalls, and stringent regulations are expected to hinder growth of the global medical robotic system market. For instance, in September 2015, Hansen Medical Magellan Robotic System was terminated based on two incidents, when an unexpected event occurred during a retraction operation of catheter.

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Market Taxonomy:

By Product Type:

By End User:

By Region:

Regional Insights:

North America is expected to witness significant growth in the global medical robotic system market due to the increasing acquisitions by market players in the region. For instance, in April 2017, Omnicell announced that it has completed the acquisition of InPharmics. The acquisition will expand the capabilities of Omnicell’s Performance Center.

Asia Pacific is expected to witness robust growth in the global medical robotic system market due to the high prevalence of neurological disorder in the region. For instance, according to the Neurology India, a bimonthly peer-reviewed open-access medical journal, the prevalence of neurological disorders from different regions of India ranged from 967-4,070 with an average of 2,394 per 100,000 population in 2014.

Competitive Landscape:

Key players active in the global medical robotic system market are Aesynt, Aethon, Microbot Medical, Titan Medical, MEDTECH, Hansen Medical, Verb Surgical, Medrobotics, Intuitive Surgical, and Transenterix, among others.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Medical Robotic System Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Medical Robotic System Industry Impact

Chapter 2 Global Medical Robotic System Competition by Types, Applications, and Top Regions and Countries
2.1 Global Medical Robotic System (Volume and Value) by Type
2.3 Global Medical Robotic System (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Medical Robotic System Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Medical Robotic System Market Analysis
Chapter 6 East Asia Medical Robotic System Market Analysis
Chapter 7 Europe Medical Robotic System Market Analysis
Chapter 8 South Asia Medical Robotic System Market Analysis
Chapter 9 Southeast Asia Medical Robotic System Market Analysis
Chapter 10 Middle East Medical Robotic System Market Analysis
Chapter 11 Africa Medical Robotic System Market Analysis
Chapter 12 Oceania Medical Robotic System Market Analysis
Chapter 13 South America Medical Robotic System Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Robotic System Business
Chapter 15 Global Medical Robotic System Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
Continued….

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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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