Published by Coherent Market Insights
Posted on September 20, 2021
Medical Robotic System Market Size And Forecast
The global Medical Robotic System market was valued at US$ 9,099.84 million in 2019 and is projected to reach US$ 26,421.90 Million by 2027, growing At a CAGR of 14.3% from 2020 to 2027.
Medical robotic systems are steadily growing in popularity with surgeons. The main benefit of this technology is the ability to perform non-invasive radiosurgery, which is minimally invasive and offers long-lasting postoperative outcomes. Non-invasive radiosurgery systems use wireless or paging transmitters to deliver localized, directed energy to the affected tissue or organ. This method of surgery is particularly useful for soft-tissue disorders and organ transplant operations, as it offers painless surgery and minimally invasive recovery. One of the most important advantages of using medical robots is the ability to provide patients with more comprehensive healthcare.
>>> Get | Request Sample Report @
https://www.coherentmarketinsights.com/insight/request-sample/964
To Learn More:
What are Medical Robotic System?
Medical robotic systems are used in various medical application such as surgery and differ depending on its usage. These include surgical robotic systems, spine robotic systems, laparoscopic robotic systems, and rehabilitation robotic system. Advancements in technology coupled with increasing surgeon or patient acceptance for laparoscopic procedures, robotic assistance, and advanced medical imaging are the factors that are expected to drive growth of the market for medical robotic systems.
Technological advancements in surgical robots are expected to drive growth of the global medical robotic system market during the forecast period. Key companies in the medical devices industry are focused on launching advanced robotic surgical systems. For instance, in September 2019, Medtronic plc launched its new robot-assisted surgery system Hugo RAS. Furthermore, in November 2020, Johnson & Johnson launched its new robot-assisted surgery system Ottava for flexibility and superior control.
High cost associated with robotic systems combined with concerns regarding the safety & security of these systems is expected to restrain growth of the global medical robotic system market during the forecast period.
COVID-19 Impact Analysis
Although the medical robotic system market was impacted by the COVID-19 pandemic, the adoption of telerobotic systems is expected to witness significant demand. The COVID-19 pandemic has resulted in physical distance, in order to limit the spread and transmission. Many healthcare facilities have started adopting medical robotic systems for regular activities.
The global medical robotic system market is expected to witness significant growth, exhibiting a CAGR of 14.3% during the forecast period. This is owing to rising prevalence of chronic diseases including cancer, cardiovascular diseases, etc. According to the World Health Organization (WHO), in 2018, around 9.6 million died due to cancer with over 300,000 new cases of cancer being diagnosed each year among children aged 0-19 years across the globe.
Among product types, medical robotics systems are expected to hold a major revenue share in the global medical robotic system market in 2027. This is due to technological developments in surgical robotics.
Among regions, North America is expected to witness significant growth in the global medical robotic system market. This is owing to increasing demand for robot-assisted surgeries across the region.
Key players operating in the global medical robotic system market are Intuitive Surgical, Verb Surgical, Hansen Medical, Medtech, Titan Medical, Aethon, Microbat Medical, Transenterix, and Aesynt.
Detailed Segmentation
By Product Type:
By End User:
Medical Robotic System Market by Geography Analysis::
North America (The US, Canada, and Mexico)
Europe (the UK, Germany, France, and Rest of Europe)
Asia Pacific (China, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Key Players In Medical Robotic System Market
The “Global Medical Robotic System Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Intuitive Surgical, Transenterix, Medrobotics, Verb Surgical, Hansen Medical, MEDTECH, Titan Medical, Microbot Medical, Aethon, and Aesynt
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post sales analyst support
Buy This Complete A Business Report With Flat US $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/964
What is Medical Robotic System Market?
What are the key driving factors for the growth of Medical Robotic System Market?
What are the top players operative in Medical Robotic System Market?
What segments are covered in Medical Robotic System report?
How can I get sample report/company profiles of Medical Robotic System Market?
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Medical Robotic System Market To Surpass US$ 26,421.90 Million By 2027 Expand a CAGR of 14.3% during the forecast to 2027 appeared first on Gatorledger.
Medical Robotic System Market Size And Forecast
The global Medical Robotic System market was valued at US$ 9,099.84 million in 2019 and is projected to reach US$ 26,421.90 Million by 2027, growing At a CAGR of 14.3% from 2020 to 2027.
Medical robotic systems are steadily growing in popularity with surgeons. The main benefit of this technology is the ability to perform non-invasive radiosurgery, which is minimally invasive and offers long-lasting postoperative outcomes. Non-invasive radiosurgery systems use wireless or paging transmitters to deliver localized, directed energy to the affected tissue or organ. This method of surgery is particularly useful for soft-tissue disorders and organ transplant operations, as it offers painless surgery and minimally invasive recovery. One of the most important advantages of using medical robots is the ability to provide patients with more comprehensive healthcare.
>>> Get | Request Sample Report @
https://www.coherentmarketinsights.com/insight/request-sample/964
To Learn More:
What are Medical Robotic System?
Medical robotic systems are used in various medical application such as surgery and differ depending on its usage. These include surgical robotic systems, spine robotic systems, laparoscopic robotic systems, and rehabilitation robotic system. Advancements in technology coupled with increasing surgeon or patient acceptance for laparoscopic procedures, robotic assistance, and advanced medical imaging are the factors that are expected to drive growth of the market for medical robotic systems.
Technological advancements in surgical robots are expected to drive growth of the global medical robotic system market during the forecast period. Key companies in the medical devices industry are focused on launching advanced robotic surgical systems. For instance, in September 2019, Medtronic plc launched its new robot-assisted surgery system Hugo RAS. Furthermore, in November 2020, Johnson & Johnson launched its new robot-assisted surgery system Ottava for flexibility and superior control.
High cost associated with robotic systems combined with concerns regarding the safety & security of these systems is expected to restrain growth of the global medical robotic system market during the forecast period.
COVID-19 Impact Analysis
Although the medical robotic system market was impacted by the COVID-19 pandemic, the adoption of telerobotic systems is expected to witness significant demand. The COVID-19 pandemic has resulted in physical distance, in order to limit the spread and transmission. Many healthcare facilities have started adopting medical robotic systems for regular activities.
The global medical robotic system market is expected to witness significant growth, exhibiting a CAGR of 14.3% during the forecast period. This is owing to rising prevalence of chronic diseases including cancer, cardiovascular diseases, etc. According to the World Health Organization (WHO), in 2018, around 9.6 million died due to cancer with over 300,000 new cases of cancer being diagnosed each year among children aged 0-19 years across the globe.
Among product types, medical robotics systems are expected to hold a major revenue share in the global medical robotic system market in 2027. This is due to technological developments in surgical robotics.
Among regions, North America is expected to witness significant growth in the global medical robotic system market. This is owing to increasing demand for robot-assisted surgeries across the region.
Key players operating in the global medical robotic system market are Intuitive Surgical, Verb Surgical, Hansen Medical, Medtech, Titan Medical, Aethon, Microbat Medical, Transenterix, and Aesynt.
Detailed Segmentation
By Product Type:
By End User:
Medical Robotic System Market by Geography Analysis::
North America (The US, Canada, and Mexico)
Europe (the UK, Germany, France, and Rest of Europe)
Asia Pacific (China, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Key Players In Medical Robotic System Market
The “Global Medical Robotic System Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Intuitive Surgical, Transenterix, Medrobotics, Verb Surgical, Hansen Medical, MEDTECH, Titan Medical, Microbot Medical, Aethon, and Aesynt
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post sales analyst support
Buy This Complete A Business Report With Flat US $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/964
What is Medical Robotic System Market?
What are the key driving factors for the growth of Medical Robotic System Market?
What are the top players operative in Medical Robotic System Market?
What segments are covered in Medical Robotic System report?
How can I get sample report/company profiles of Medical Robotic System Market?
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Medical Robotic System Market To Surpass US$ 26,421.90 Million By 2027 Expand a CAGR of 14.3% during the forecast to 2027 appeared first on Gatorledger.
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