Medical Robotic Systems Market 2020 Growth, Size, Demand and Forecasts to 2026

Medical Robotic Systems Market 2020 Growth, Size, Demand and Forecasts to 2026

A Story by Diy
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The increasing efficiency of robots in performing complicated tasks such as surgeries is leading to wider adoption of medical robots and thus, boosting the global “Medical Robotic Systems Market”, say

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The increasing efficiency of robots in performing complicated tasks such as surgeries is leading to wider adoption of medical robots and thus, boosting the global “Medical Robotic Systems Market”, says Fortune Business Insights in their new study. The study is titled,” Medical Robotic Systems Market: Global Market Analysis, Insights, and Forecast, 2019-2026”. According to the report, The Global Medical Robotic Systems Market is presumed to witness an exponential CAGR of 21.5%. The market for medical robotics systems, which was valued at US$ 2,257.8 Mn in 2018 is anticipated to reach US$ 10,710.6 Mn by the end of 2026.

It is expected to gain traction as market players are focusing constantly on introducing innovative and advanced surgical robots. In terms of product type, the global medical robotic systems market was dominated by the surgical robot’s segment in 2018 and the segment is likely to continue dominating the market in the coming years. This segment accounted for 64.8% of the market in 2018. This is attributable to the rapid advancement in surgical robots and their efficient performance in minimally invasive surgeries.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/medical-robotic-systems-market-100957

Key Players Operating in The Medical Robotic Systems Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

Zimmer Biomet

BIONIK

Stryker

Intuitive Surgical Inc

Smith & Nephew

CYBERDYNE

Ekso Bionics

Medtronic

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this [Market].

Please visit: https://www.fortunebusinessinsights.com/industry-reports/medical-robotic-systems-market-100957

“Rising Cases of Co-Morbidity Diseases Boosting Market”

Various factors are aiding growth of the booming medical robotic systems market including the rise in number of trauma injury cases, advancement in technology and increasing healthcare facilities and expenditures. Besides this, the rise in geriatric population and the co-morbidity diseases is creating growth opportunities for surgical procedures. The advent of robots into the medical industry is considered an important factor creating lucrative growth opportunities for the overall market in the long run.

The rapid shift from conventional open surgeries towards minimally invasive surgical procedures is another major factor accelerating growth of the market. The efficiency of surgical robots to perform laparoscopic surgical procedures is getting higher by the day. This is further helping to increase the demand for medical robots, thus boosting the market globally.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/medical-robotic-systems-market-100957

“North America to Hold Dominance on Account of Higher Per Capita Income to Afford Robotic Surgical Procedures”

Fortune Business Insights foresees the global medical robotic systems market to be dominated by North America. This is owing to the increasing number of patients undergoing minimally invasive surgeries and the high per capita income of people in the developed nations of the U.S., and Canada. In addition to that, the number of patients suffering from neurological disorders is also increasing which further propels the demand for rehabilitation and surgical robots for treatment facilities along with the others. Such factors are responsible for North America to enjoy a dominant position in the global medical robotic systems market.

Market players are investing huge sums in the research and development for upgrading surgical robots and other medical robots in order to provide better medical assistance.

Global Medical Robotic Systems Market Segmentation

By Product

  • Surgical Robots
  • Telepresence Robots
  • Rehabilitation Robots
  • Others

By End User

  • Hospitals
  • Ambulatory Surgery Centers
  • Rehabilitation Centers
  • Others

By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/medical-robotic-systems-market-100957

Report Focus:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Medical Robotic Systems Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

Reasons to Purchase this Report:

  • Comprehensive analysis of the Medical Robotic Systems Market growth drivers, obstacles, opportunities, and other related challenges.
  • Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
  • Identifies market restraints and boosters.
  • Identifies all the possible segments present in the market to aid organizations in strategic business planning.

KEY QUESTIONS ANSWERED:

  • What is the market size and growth rate of the global and regional market by various segments?
  • What is the market size and growth rate of the market for selective countries?
  • Which region or sub-segment is expected to drive the market in the forecast period?
  • What Factors are estimated to drive and restrain the Medical Robotic Systems Market growth?
  • What are the key technological and market trends shaping the market?
  • What are the key opportunities in the market?
  • What are the key companies operating in the market?
  • Which company accounted for the highest market share?
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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Added on September 3, 2020
Last Updated on September 3, 2020
Tags: Medical Robotic Systems Market