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Global Market Insights Inc. presents the Medical Robots Market provides a detailed overview of major drivers, restraints, challenges, opportunities, current industry trends and strategies impacting the global market along with estimates and forecast of revenue.
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Medical Robots Market: Industry Analysis, Trend, Growth, Opportunity, Forecast 2023-2032
Industry Insights • Medical Robots Market is estimated to showcase positive trajectory through 2032 owing to the dramatic increase in the number of robot-assisted surgeries which have had a substantial impact on healthcare plans. • Increasing healthcare spending for offering more effective healthcare infrastructure, growing disposable income, constantly expanding geriatric population, as well as rising need for robotics in healthcare institutions are some of the significant factors accountable for improved adoption of medical robots globally. • Recently, healthcare facilities have seen a marked increase in the number of patients undergoing various implant surgeries, along with increasing patient knowledge of the availability of better robot-assisted rehabilitation care services.
In addition, tech innovations in medical robot use, efficiency, and accuracy will have a positive impact on the industry growth. • For instance, in June 2020, Accuray Incorporated revealed the release of the CyberKnife S7 System, a medical robot designed for radiation therapy care. The novel launch enabled the company to expand its product line and boost sales. • Based on product, the rehabilitation robots segment is slated to grow at more than 18.5% CAGR from 2023 to 2032. • The growing demand for these robots can be supported by a significant rise in patients with limb disparities. • Moreover, robotic rehabilitation is deemed to be helpful for people with sensorimotor deficits brought on by neurological disorders.
Regional Analysis • From the regional perspective, the Asia Pacific medical robots market is speculated to grow at 18% CAGR from 2023 to 2032 fueled by the growing initiatives by the local governments to control and treat chronic diseases. • Competitive Analysis • Medtronic plc, Stryker Corporation, THINK Surgical, Inc., Hocoma AG, Smith & Nephew plc, ACCURAY, Capsa Healthcare, Intuitive Surgical, Inc., Omnicell Inc., Renishaw plc, Johnson & Johnson, ARXIUM
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