HealthCare Robotics Market 2020
The global healthcare robotics market, valued at 3.76 billion US dollars in 2014, is projected to register considerable growth in the next few years. Healthcare robots have numerous applications including drug manufacture, administration of drugs to patients, and transportation of inventory in medical supply facilities. The burgeoning demand for surgical robots like da Vinci surgical systems is likely to be one of the market growth drivers in the next few years.
Market by Top HealthCare Robotics Players, this report covers
Varian Medical System.
Other companies include Titan Medicals, Curexo Technology, THINK Surgical, Hansen Medical, and Health Robotics
Healthcare robots feature 3-dimensional high definition imaging systems which offer clear and magnified views of a patient’s body, and they even provide assistance to surgeons during many complex surgical procedures which call for extreme precision and flexibility. In recent years, healthcare centres have been investing heavily in robotics to minimize surgical expenses. Several centres are also purchasing Automatic Guided Vehicles or AGVs to transport patients. The increase in the number of government subsidiaries dedicated to installing and implementing healthcare robots in countries like India and China is also expected to propel the healthcare robotics market growth.
At present, healthcare robotics is generally perceived as expensive, which often makes patients prefer conventional surgery over robotic surgery. The latest market trends such as implementation of robotic in-patient rehabilitation programs and replacement of manual surgical assistance indicate that in the next few years, the global healthcare robotics market will expand at an impressive rate.
The market for healthcare robotics is broadly segmented by Type and Components and Services.
On the basis of product type, the global healthcare robotics market is categorized into two broad segments, which are rehabilitation robots and robotics surgery market. The rehabilitation robots segment is further divided into prosthetic robotics, exoskeleton robotic systems, orthotic robotics, and therapeutic robotics.
On the basis of components and services, the robotics surgery market is comprised of several smaller segments, including robotic surgical systems, instruments and accessories, and services. Of the two broad market segments, robotic surgery dominates the market, thanks to major technological breakthroughs in patient monitoring. Surgical robots can achieve excellent medical results with great accuracy and precision, which is likely to drive market growth in future. Gynaecology, Urology and general surgery are only a few of the applications where robotic surgery can be of help.
Geographically viewed, the global healthcare robotics market is comprised of North America, Europe, Asia-Pacific, MEA (the Middle East and Africa), and Latin America. Of all these regions, North America is likely to continue dominating the global market, as a result of the rising government investment in healthcare infrastructure, driven by the rapid increase in the geriatric population in the metropolitan cities in the United States of America. The Asia Pacific region is also expected to grow exponentially, with industries in China, South Korea and India using healthcare robots in hospitals and rehabilitation centres. Japan is anticipated to be a major driving force for the healthcare robotics industry due to the increasing aging population there.
Multiple technologically advanced healthcare robots are in the developmental stages at present, and these robots are likely to be launched in the next few years. Large investments from governments and non-government organizations, coupled with increased funding activities are projected to facilitate the expansion of the global healthcare robotics market.
Table of Contents –Analysis of Key Points
1 HealthCare Robotics Market Overview
2 Company Profiles
3 Global HealthCare Robotics Market Competition, by Players
4 Global HealthCare Robotics Market Size by Regions
5 North America HealthCare Robotics Revenue by Countries
6 Europe HealthCare Robotics Revenue by Countries
7 Asia-Pacific HealthCare Robotics Revenue by Countries
8 South America HealthCare Robotics Revenue by Countries
9 Middle East and Africa Revenue HealthCare Robotics by Countries
10 Global HealthCare Robotics Market Segment by Type
11 Global HealthCare Robotics Market Segment by Application
12 Global HealthCare Robotics Market Size Forecast (2020-2024)
13 Research Findings and Conclusion
List of Tables and Figures
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