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Learn details of the medical robotics market to grow at 22 % CAGR during 2017-2024

Learn details of the medical robotics market to grow at 22 % CAGR during 2017-2024

Medical Robotics Market Drivers by Investment In Robotic Technology, Increasing Popularity of Minimally Invasive Surgery, Lifestyle Diseases and Mortality Rates, Government Support For Healthcare Robotics.

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The medical robotics market report highlights about market patterns, key corporate players, land investigation, and industry bits of knowledge with forecasts. The Geographical segmentation for the Medical Robotics market is North America, Europe, Asia-Pacific, and the Rest of the world.

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The global medical robotics market is anticipated to inflate at a CAGR of 22% during the forecast period.

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Technological advancements in the robotic industry and acceleration in the demand for minimal or non-invasive surgeries are primary driving factors for global Medical Robotics market.

The global market for Medical Robotics is segmented on the basis of Type, Application, and Geography. The market by Type is segregated into Surgical robots, Rehabilitation robots, Noninvasive radiosurgery robotics, Hospital and Pharmacy robotics and others.

The market on the basis of Application is segmented into Laparoscopic, Orthopedic, Neurology and Others. The requirement of robots in surgeries for assistance is on rising across the globe.

This demand is accelerating the growth of the Medical Robotics market and is projected to grow in upcoming years. The prime factor in producing and developing demands for medical robots is the surge in healthcare expenditure.

The investment in Robotic technology, increase in the preference for minimally invasive surgery, mortality rates, and lifestyle diseases are some of the dominant drivers for the market growth. Contrarily, the expense difference between the surgery by robotic machines and human being varies which act as growth restraints for the market.

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The North America accounts for the largest market share for global Medical Robotics. North America is expected to lead the global market due to development in surgical robots, hospitals, and pharmacy robots.

Asia Pacific is projected to expand during the forecast years resulting in a great opportunity for the Medical Robotics market. Europe is acknowledged leader in providing professional service robotics with Germany accounted for largest medical technology market.

Competitive Insights

The dominant players in the Medical Robotics market are Accuray Inc., Aesyntinc (Acquired By Omnicell, Inc.), Aurora Biomed, Kerby Lester, Intuitive Surgical, Hansen Medical Inc., Hocoma Ag, Biotek Instruments, Baxter International, Irobot Corporation, Mazor Robotics, Abbot Diagnostics, Rewalk Robotics, CareFusion, and Agilent Technologies.

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List of Figures
Figure 1 Global Medical Robotics Market 2017-2024 ($ Million)
Figure 2 Global Medical Robotics Market In 2016 (%)
Figure 3 Annual Supply of Industrial Robots By End-User Industries, (2012 & 2014)
Figure 4 Applications of Medical Robots Market Share, 2016
Figure 5 Medical Robotics R&D Investments By Region 2015
Figure 6 Price Differences In Surgery With and Without Robots (% Percentage) 2015
Figure 7 Young Children and Older People As A Percentage of Global Population: 1250-2050
Figure 8 Competitors For Medical Robotics
Figure 9 Non-Invasive Radiosurgery Robotics Market By Region 2016
Figure 10 Global Overweight and Obesity Cases In 2014(In Million) and more..

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