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Medical Robotic Systems Market Expected To Grow At 21.32% CAGR from 2012 to 2022: Crystal Market Research

LAS VEGAS, Nov. 21, 2017 (GLOBE NEWSWIRE) -- The latest trending report published by Crystal Market Research titled, Medical Robotic Systems Market, approximates that the Medical Robotic Systems Market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.

In 2012, the global medical robotic systems market was evaluated around USD 6.69 billion and is expected to reach approximately USD 46.24 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 21.32% over the forecast period. Major factors fueling the medical robots market growth are: rapidly emerging demand for efficient, precise and least invasive surgical procedures, expansion in the number of these surgical procedures owing to rising disease occurrence levels, is also expected to boost the market expansion. Development of medical infrastructure and the advent of sophisticated healthcare equipment are anticipated to make easy further adoption of robotic systems in urbanized nations. The global market is experiencing a paradigm transformation over the period owing to technological innovations in the fields of High definition microscopic cameras, 3D-Imaging, data recorders data analytic, remote navigation, robotically controlled catheters, and motion sensors. The extent of technology advancement is to build up novel applications for present platforms and also generate troublesome technologies that boost the demand. The market is experiencing an increasing trend of organizations joining forces on technology platforms with intermediary vendors to formulate novel applications.

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The report Medical Robotic Systems Market render a wide-ranging analysis of the said market in terms of product, regional, application and end user segmentation. The report comprises of the present market size of this industry. Also, the potential outlooks and current market summary of this segment has been thoroughly analyzed in this report. Moreover, chief market players of the Medical Robotic Systems Market are studied on various factors like product portfolio, company profile, sales analysis, revenue generation through the forecast period.

Major Market Players

  • Renishaw Plc.
  • Varian
  • MAKO Surgical Corp.
  • Health robotics S.R.L
  • Accuracy
  • Intuitive Surgical Inc

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Table of Contents

  1. Introduction
    1.1. Report Description
    1.2. Research Methodology
       1.2.1. Secondary Research
       1.2.2. Primary Research
  2. Executive Summary
    2.1. Key Highlights
  3. Market Overview
    3.1.       Introduction
       3.1.1. Market Definition
       3.1.2. Market Segmentation
    3.2.       Market Dynamics
       3.2.1. Drivers
             3.2.1.1.    Rising Prevalence of Diseases Like Cancer Neurological Disorders and Cardiovascular Diseases
             3.2.1.2.    Increasing MIS Surgeries
             3.2.1.3.    Increasing Geriatric Population Across the Globe
       3.2.2. Restraints
             3.2.2.1.    Presence of Stringent Regulatory Framework
             3.2.2.2.    Lack of Reimbursement Policy
       3.2.3. Opportunities
             3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities
  4. Medical Robotic Systems Market, By Application
  5. Medical Robotic Systems Market, By Region
  6. Company Profiles

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Report’s Magnitude:  

This report contains Segment wise in-depth analysis in terms several above-mentioned segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.

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