Medical robots market

1. Medical Robots Market–Global Industry Medical Robots Market–Global Industry Insights,Trends,Outlook,and Opportunity Analysis,2017– Insights,Trends,Outlook,and Opportunity Analysis,2017– 2025 2025 Robots manufactured for specialized medical applications are known as medical robots. These robots can perform various medical tasks such as surgery, medical test, and patient monitoring. Medical robots can carry out a surgery solely based on the pre-surgical planning by the surgeon. Medical robots allow for high accuracy in open surgery and minimally invasive surgery. Medical robots also reduce the time required for surgery to a great extent. Medical robots can also be used for transporting patients from one location to another in a hospital. Advancements in technology have enabled surgeon to remotely operate robots and perform surgery. Surgeons can perform a surgical procedure in emergency situations through telesurgery, with the aid of an imaging device. Advancements in technology in the recent past have been directed towards reducing costs of products. This has led to increasing applications of these robots for various tasks. Robotic technique in healthcare was first used in 1985, although it was only in 2000 that da Vinci robot received the U.S. FDA approval for carrying out surgical procedures. The da Vinci robot is widely known for its applications such as for cardiac surgery, head and neck surgery, and urologic surgery. As per stats released by Emergency Care Research Institute (ECRI), as of 2014, one in every four hospitals in the U.S. deployed da Vinci robot. Furthermore, 570,000 procedures were performed in the U.S. by the robot in 2014, a phenomenal rise of 178% as compared to 2009. Get PDF Brochure Of This Research Report @ Get PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/410 https://www.coherentmarketinsights.com/insight/request-pdf/410

2. Continuous advancement in medical robots is expected to fuel growth of the medical robots market Continuous advancement in medical robots is expected to fuel growth of the medical robots market over the forecast period: over the forecast period: Increasing R&D activities is expected to boost growth of the medical robots market over the forecast period. For instance, in May 2017, Intuitive Surgical Inc. announced the approval of its new da Vinci X robot. The advanced da Vinci robot is equipped with four mechanical arms for better movement, reach, and dexterity. It also helps to perform surgical procedure more precisely than before. Each of the arms can be controlled independently and can be assigned to do different tasks. Medical Robots Market – Regional Analysis Medical Robots Market – Regional Analysis As the medical robots are associated with high cost, their adoption rate is high and mainly restricted to North America, followed by Europe. As per ECRI Institute, out of all da Vinci installation around the globe, 67% installation are in the U.S. and out of all da Vinci surgical procedures, 79% are performed only in the U.S. Owing to their high costs, these robots are gaining slow adoption in cost sensitive economies of Asia Pacific. However, the scenario is expected to improve in the near future, buoyed by rampant economic growth in emerging economies of India and China and increasing investment in healthcare infrastructure development in these countries. The growth of medical robots market is supported by factors such as increasing awareness about their various 0beneficial properties and increase in the number of surgical procedures as a result of increasing incidence of chronic diseases such as cancer and lifestyle diseases such as diabetes and obesity. Furthermore, increase in insurance coverage is expected to fuel the usage of medical robots. Middle Eastern countries such as Turkey are characterized by an acute dearth of healthcare professionals. As per Organization for Economic Co-operation and Development (OECD), Turkey

3. had 1.7 doctors per 1,000 population in 2012. This makes the region a highly lucrative prospect for future penetration of the market. High purchase and maintenance cost of the equipment and lack of trained surgeons to perform robotic surgery are some of the major restraining factors for the global medical robots market growth. Medical Robots Market - Competitive Landscape Medical Robots Market - Competitive Landscape Some major players operating in the medical robots market include, Intuitive Surgical, Inc., Stryker Corporation, Mazor Robotics Ltd, Hansen Medical Inc., Hocoma AG, Omnicell, Inc., Kirby Lester LLC, Accuray Incorporated, Ekso Bionics Holdings Inc., and Engineering Services Inc. Research Methodology Research Methodology Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include: Primary Research (Trade Surveys and Experts Interviews) Primary Research (Trade Surveys and Experts Interviews) • Desk Research Desk Research • Proprietor Data Analytics Model Proprietor Data Analytics Model • In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

4. Request Sample Copy of Research Report @ Request Sample Copy of Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/410 https://www.coherentmarketinsights.com/insight/request-sample/410 Key Developments Key Developments In July 2017, Axilum Robotics, installed a image-guided Transcranial Magnetic Stimulation (TMS) system, a robotized system at the Center for non-invasive neuromodulation (CEMNIS) therapeutic unit of the University Hospital of Strasbourg, France. • In September 2019, Medtronic Plc., announced its ‘Hugo RAS system a new robot-assisted surgery platform to perform surgeries. The Hugo system includes a tower, surgeon console, surgical end effectors, and robotic arm carts. • In June 2019, California's Doctors Medical Center in Modesto, has launched a ‘robotic heart program’ in which a surgical robot has performed coronary artery bypass operations. In program total 3 surgeries were performed two patients underwent coronary bypass operations and a third underwent for a heart valve repair to relieve troubling symptoms. • In January 2019, Axilum Robotics, received CE mark approval for its product ‘TMS-Cobot’, intended to automate and improve the accuracy and repeatability of positioning a Transcranial Magnetic Stimulation (TMS) coil. • In March 2017, Stryker Corporation launched ‘Mako’ robotic platform for knee replacement application like knee arthroplasty. The ‘Mako’ robotic technology can be used for total knee, hip and partial knee replacement procedures. • Medical Robots Market -Taxonomy: Medical Robots Market -Taxonomy: The medical robot market is segmented on the basis of product type, application, end user and The medical robot market is segmented on the basis of product type, application, end user and region region

5. By Product Type By Product Type System Instrument and Accessories By Application By Application Laparoscopy Neurology Orthopedics Gynecology Urology Cardiology Others By End User By End User Hospitals Clinics Ambulatory Surgical Centers By Region By Region North America Europe APAC Latin America Middle East Africa

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