Top Trends Driving Demand For Medical Robotic System Market

CoherentMarketInsightsPvtLtd

Increasing technological advancements in medical robotic system and rising prevalence of surgery is expected to drive the medical robotic system market growth during the forecast period. For instance, in 2016, Virtual Incision (U.S.) announced positive results for trials on its miniature robots for applications in minimally invasive colon resection procedures. Moreover, Virtual Incision’s technology received the 2015 Game Changer Award from Robotics Business Review in the Medical and Surgical category.

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MEDICAL

ROBOTIC SYSTEM

MARKET

Market Size (2019)

US$ 9,099.84 Mn

CAGR (2019-2027)

14.3 %

PROMINENT REGIONS

NORTH AMERICA

Market Size

US$ 3,794 Mn

CAGR

14.5 %

ASIA PACIFIC

Market Size

US$ 1,665.27 Mn

CAGR

xx %

MAJOR DRIVER

Increasing acquisitions by key players for development

of products

MAJOR DRIVER

Increasing prevalence of neurological disorders

MAJOR DRIVERS

Increasing geriatric population, who are more prone to higher risk

injuries due to their weak skeletal system

Increasing Product Launches and Approvals from Regulatory Agency

for Medical Robot System

SEGMENTATIONS (SCOPE)

By Product Type

Instrument & Accessories

Medical Robotic Systems

Surgical Robotic Systems

Orthopedic Robotic Systems

By End User

Hospital

Ambulatory

Surgical Center

Neurosurgery Robotic Systems

General Laparoscopy Robotic Systems

Robotic Catheters/ Steerable Catheters

Rehabilitation Robotic Systems

Telepresence Robotic System

Other Robotic Systems

MAJOR PLAYERS

Intuitive Surgical

Medrobotics

Hansen Medical

Titan Medical

Aethon

Transenterix

Verb Surgical

MEDTECH

Microbot Medical

Aesynt

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