Medical Robots Market is anticipated to grow at a healthy CAGR
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Market Industry Reports (MIR) has published a new report titled “Medical Robots Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global medical robots market is estimated to be over US$ 6.0 Bn in 2018. It is anticipated to grow at a double digit CAGR from 2019 to 2030.
Technological Advancements
Over the period, the evolution in innovation and technology has played a significant role in contributing to the growth of the global medical robots industry. The innovation of robotic partial nephrectomy techniques has led to increase the technical advances in the performance of partial nephrectomy surgery and improved the outcomes of nephron sparing surgery. Moreover, due to the advancements in robotic surgical methodology, patients are getting benefits such as shortened hospital stay and reduced pain after surgery. Additionally, advances in robotic colonoscopy helps to remove risks of cross infection of the colonoscope to the patient. These factors are anticipated to present a lucrative growth opportunity for the global medical robots market in the coming years.
Key Players in the Market
The prominent players in the medical robots market are Ekso Bionics Holdings Inc., iRobot Corporation, Titan Medical , Accuray, , Stereotaxis Inc. Intuitive Surgical, Inc., Mazor Robotics, , Arxium, Kirby Lester, Auris Health, Inc. among others.
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Major points of Table of Content
• INTRODUCTION
• RESEARCH METHODOLOGY
• ABSTRACT OF THE STUDY
• MARKET DYNAMICS ASSESMENT
• UNIQUE SELLING PROPOSITIONS (USPs)
• MARKET - ANALYSIS & FORECAST, BY PRODUCT
• MARKET - ANALYSIS & FORECAST, BY APPLICATION
• MARKET - ANALYSIS & FORECAST, BY REGION
• COMPETETIVE LANDSCAPE
• COMPANY PROFILES (Business Overview, Products & Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)
Raise in Fund for Medical Robot Research
Fundraising plays a vital role in strengthening the medical robot industry for long run survival. For instance, The University of South Alabama got approval of $1.7 Mn from the USA foundation board to purchase two new medical robots. Furthermore, CMR surgical Ltd. has raised $ 46 Mn in total from existing investors. Moreover, Japanese company called Meltin MMI has raised $18 Mn for developing new avatar robots and medical robots. Increasing R&D investments and spending is anticipated to positively contribute to the growth of the global medical robots market.
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