Medical robots are the professional service robots that as the name suggests, are used in and out of the hospital facilities in order to improve the overall patient care. These robots are capable enough to carry out several tasks; be it easier or complicated. These robots are specially designed to be of use in medical and for healthcare facilities and assist the doctors and surgeons in surgeries. During surgeries, these robots are operated through computers by medical professionals and they offer higher level of accuracy and are precise. The term ‘robotic surgery’ refers to the surgery carried out by robots. This is a less-invasive surgery that can efficiently execute complicated surgeries through mini incisions, while leaving minute scar tissue behind.
Medical robots market is estimated to be over US$ 6.0 Bn in 2018. It is anticipated to grow at a 20.6% 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.
Major Key Players of the Medical Robots Market are:
Intuitive Surgical, iRobot Corporation, Mazor Robotics, Auris Health, Accuray, Ekso Bionics Holdings Inc., Arxium, Kirby Lester, Stereotaxis,, Titan Medical among others.
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