Global medical robotics market is expected to grow at a CAGR of 21.43% during 2016-2021

Date: 8 December 2016

According to the report titled “Global Medical Robotics Market (Surgical Robots, Rehabilitation Robots, Telepresence Robots): Analysis By Region, By Country (2016-2021) – (By Robot: Surgical Robots, Rehabilitation Robots, Telepresence Robots, Others; By Region-North America, Europe, APAC, ROW; By Country - U.S., Canada, UK, Germany, Italy, India, China, Japan)”, created through extensive primary research (interviews with key people from healthcare companies, stakeholders) and secondary research (premium databases, associations), Global Medical Robotics Market is projected to exhibit a CAGR of over ~ 21.43% during 2016 – 2021, driven by the rising use of robots in surgeries. On the basis of market segment, the market has been segmented into types of robots which are Surgical Robots, Rehabilitation Robots, Telepresence Robots and Others.

The medical robot market is the uncovering of the wide range of applications in medical industry. Robotic applications such as prosthetics, therapeutic processes, assistive robots, Telepresence etc. have been witnessing rampant growth on the heels of increasing demand of these products. 

Among the procedures, high demand in the medical robot market is also aided by the burgeoning growth in the robotic surgery.

Among the regions, North America remains the largest market in terms of revenue, while APAC region is expected to be the fastest growing region, due to the rise in the population, followed by ROW region. Key markets in India and China will continue to rise considering the growing approvals of treatment devices by their respective governments.

The report “Global Medical Robotics Market (Surgical Robots, Rehabilitation Robots, Telepresence Robots): Analysis By Region, By Country (2016-2021) – (By Robot: Surgical Robots, Rehabilitation Robots, Telepresence Robots, Others; By Region-North America, Europe, APAC, ROW; By Country - U.S., Canada, UK, Germany, Italy, India, China, Japan)’’ has analysed the potential of Global Medical Robot Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global medical robotics market. 

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