(PharmaNewsWire.Com, May 31, 2017 ) Market Data Forecast recently published a report on the “North America Medical Robots Market” which estimates the market to grow from USD 1.86 billion from 2016 to USD 4.62 billion with a high CAGR of 19.91%. Medical Robots is a kind of robot which helps the surgeons to perform several surgical procedures with greater efficiency. Medical robots not only increase accuracy of the surgeons but also decrease the risk of the patients.
To give an idea in depth, medical robots are one of the majorly growing fields. This market has applications in several medical arenas which include surgical robots, laboratory robots, remote surgery and telesurgery. They are also several rehabilitation robots to provide assistance to the dumb and blind. Medical robots Market Forecast has certain merits such as reducing surgical pain, reducing the risk of infection, reduces loss of blood and minimizes the level of anaesthesia. Internationally, most of the industrialized nations are spending a huge part of their GDP on healthcare necessities.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are merits offered by the medical robots, increasing investments by the hospitals on medical robots, rising funds in medical field, increasing minimally invasive surgery preferences, high cost of medical robots and requirement of skilled professional for maintenance of medical robots. The market is segmented based on product and application and studied for a deep-level understanding of the Medical Roots market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Product: • Surgical Robots • Laparoscopy Robotic Systems • Orthopaedic Robotic Systems • Neurosurgical Robotic Systems • Steerable Robotic Systems
• Rehabilitation Robotic Systems • Therapeutic Robotic Systems • Assisstive Robotic Systems • Prosthetic Robotic Systems • Orthotic Robotic Systems • Exoskeleton Robotic Systems • Non-Invasive Radiosurgery Robotic Sytems • Hospital & Pharmacy Robotic Systems • Pharmacy Robotic Systems • IV Robotic Systems • Tekemedicine Robots • other Robotic Systems Based on Application: • Laparoscopy • Orthpaedics • Neurology • Special Education • Other Applications
North American Market is studied in geographic perspective by segregating the market shares between USA and Canada. The study identifies USA as the predominant market in the North American region and the Global Market as well due its favourable reimbursement policies.
As per the report, companies like Intuitive Surgical Inc., Hocoma AG, Hansen Medical Inc, Mazor Robotics Ltd, Accuray Incorporated, Arxium, Stryker Corporation and EKSO Bionics Holdings Inc. are contributing a fair share to the North American Medical Robots Market. However, due to advancements in the technology and greater efficiency facilities being made for healthcare procedures there is an intense competition among the players in the market.
Scope of the North America Medical Robots Market: • Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region • To detect major focus areas of industrial growth Segment-level analysis on basis of product, application, along with market size forecasts and y-o-y estimations are provided • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. • An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment • mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape • Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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About Market Data Forecast: The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
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