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.
The continual growth of the medical robots market can be attributed to several factors which have led to wide-scale adoption of these products. The introduction of number of medical robots has enhanced medical practice due to the advanced technologies. To obtain better insights regarding the market scenario, prominent players are increasingly focusing on innovation and advancements in technologies. To keep up the substantial growth of the global medical robotics market, companies are raising their funds for medical robots research. For instance, Auris Health, Inc. has raised $220 Mn to support its next generation monarch robotic interventional platform. However, safety concerns over robotic surgery devices can restrain the growth of overall market.
The research further holds ample information to enable stakeholders in their decision-making process, especially associated with problem identification, finding the best solutions as well as opportunities in the Medical Robots market for the forecast period, 2019 to 2030. The study further document marketing benchmarks that a business owner is expected to complete in order to sustain in the highly saturated market. Besides, the marketing efforts and constant improvements introduced to the marketing strategy by major vendors’ forms an important part of the study.
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.
The report helps product manufacturers connect directly to their target audience by including thoughts and opinions from companies and individuals who are unbiased and less emotionally attached to recent developments, products or services. The study empowers field marketing executives to gain a new angle on how they should go about a new launch, a new product or brand positioning. As a part of their exercise, the researchers have not only provided the sales estimation of the products and services but have also documented the winning strategies required to achieve and maximize the profits.
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Safety Concerns over Robotic-Assisted Surgery
According to recent studies, the procedures that are used in robotic systems have experienced a number of risks and obstacles. Robotic-assisted surgery holds the same risks of laparoscopic surgeries that include bleeding, cross-infection and some risks of anesthesia. Failure of the components such as camera, binocular lens, robotic tower, robotic arms and instruments can be an additional risk of mechanical failure. Patients can be affected by nerve palsy disorder which is caused due to direct nerve compression from the robotic arms. Therefore, safety worries over robotic surgical methodology and devices can restrict the growth of medical robots markets.
Major points of Table of Content
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. ABSTRACT OF THE STUDY
4. MARKET DYNAMICS ASSESMENT
5. UNIQUE SELLING PROPOSITIONS (USPs)
6. MARKET - ANALYSIS & FORECAST, BY PRODUCT
7. MARKET - ANALYSIS & FORECAST, BY APPLICATION
8. MARKET - ANALYSIS & FORECAST, BY REGION
9. COMPETETIVE LANDSCAPE
10. COMPANY PROFILES (Business Overview, Products & Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)
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