Medical Robotic Systems Market Forecasts 2018
Over the years, the demand for medical robotic systems has increased significantly. This is due to the paradigm shift in the healthcare industry where emphasis is being laid on minimally invasive surgeries through the use of robots.
The global medical robotic systems market is categorized into five broad segmentsâ€” surgical robots, rehabilitation robots, non-invasive radiosurgery robots, hospital and pharmacy robots, and others. Based on applications, the medical robotic systems market comprises the following segmentsâ€”neurology, orthopedics, laparoscopy, special education, and other areas.
The medical robotic systems market was valued at $1,781 million in 2013 and is expected to reach $3,764 million by 2018, growing at a CAGR of 16.1% from 2013 to 2018. Early buyers will receive 10% customization in this report.
Over the years, the demand for medical robotic systems has increased significantly. This is due to a paradigm shift in the healthcare industry, where more emphasis is being laid on minimally invasive surgeries through the use of robots. Surgical robots improve the accuracy of procedures and thus reduce the complication rates in surgeries. Apart from being accurate, robotic procedures also offer significant cost savings in terms of pre- and post-operation care costs and length of stay at hospitals.
Furthermore, technological advancements and breakthroughs such as expanded applications of robotic systems, robotics combined with imaging platforms, and capsule robot systems are expected to drive the global medical robotic systems market in the coming years. Free PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=2916860
North America accounted for the largest share of the global medical robotic systems market, followed by Europe and Asia. However, the growth in the medical robotic systems market is likely to be focused on the fast-growing Asian region owing to increased healthcare spending by the government, healthcare reforms, and increased patient awareness about robot-assisted minimally invasive surgeries (MIS).
Government support and presence of training centers are also going to play a pivotal role in boosting the demand for medical robots in the Asian region. RoW includes regions such as Latin America, Africa, the Middle East, and the Pacific countries. These markets are slated to grow at a steady pace owing to increasing government healthcare spending as well awareness levels of patients regarding robot-assisted minimally invasive surgeries. Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=2916860
The key players in the global medical robotic systems market are Intuitive Surgical, Inc. (U.S.), Accuray, Inc. (U.S.), MAKO Surgical Corp. (U.S.), Mazor Robotics Ltd. (Israel), Hansen Medical, Inc. (U.S.), Titan Medical, Inc. (Canada), and Health Robotics S.R.L. (Italy), among others. Enquiry before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=2916860
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Published on Mar 7, 2014
[201 Pages Report] Medical Robotic Systems Market report categories the Global market by Application (Neurology, Orthopedic, Laparoscopy) &...