Medical robotic systems are used
in several medical applications such as surgery and differ reliant on its
convention. This market is primarily influenced by surgical robots. Robotic
systems are majorly used for orthopedics, laparoscopy, neurosurgery, and
catheter operations. Furthermore, advancements in the technology and technique
to treat patients by minimally invasive methods are anticipated to drive the
growth of the medical robotic systems market in the near future. Such systems
help in decreasing chronic pain and hospital stay, and upsurges the accuracy of
surgery, hence being a preferred option. Non-invasive radiosurgery robots
deliver non-invasive treatment for patients suffering from composite tumors.
Moreover, the increasing geriatric populations, who are more prone to higher
risk injuries owing to their weak skeletal system, are projected to boost
medical robotic systems market growth.
In addition, the COVID-19 outburst has affected numerous countries globally, and to control the rapid
spread of the disease and tackle the current epidemic, nations have resorted to
social distancing norms and nationwide lockdowns. The global medical robotic
systems market is less likely to be affected due to the COVID -19 pandemic. As
the coronavirus pandemic spreads across the world, the global healthcare sector
is experiencing enormous pressure to attain the balance between supply and
demand. Hospitals in the countries hard hit by COVID 19 are overwhelmed by the
influx of infected patients. Robots can act as an interface between a doctor
and a patient, in which they can carry out diagnostic and treatment procedures,
decreasing the human contact and risk of transmission of infection during the
COVID-19 pandemic. Infinium Global Research’s recent report on the “Medical
Robotic Systems Market (Type - Surgical Robots, Non-Invasive Radiosurgery
Robotic Systems, Prosthetics/Exoskeletons, Assistive and Rehabilitation Systems
and Non-medical Robotics in Hospitals; Application - Neurology, Orthopedics
Robotic Systems, Laparoscopy, and Special Education): Global Industry Analysis,
Trends, Size, Share and Forecasts to 2026” provides a comprehensive outline of
the factors responsible for the growth of the market.
https://www.infiniumglobalresearch.com/reports/sample-request/1932
The utilization of medical
robotic systems improves the consequence of surgery, decreases hospital stay,
and causes fewer traumas to the patient. The growing demand for minimally
invasive therapy and surgery is also anticipated to favor the growth of the Medical
Robotic Systems Market in the near future. Further, in neurology the
targeted cells are surrounded by delicate tissue, wherein a surgeon is unable
to control the accuracy of the surgery, which may cause damage to healthy
tissues. Therefore, robotic systems are utilized to make precise and accurate
motions based on the medical images obtained. These robotic systems are also
utilized in radiosurgery, where the focused beams of ionizing radiation are
directed at the patient, mainly to treat tumors. All these factors are expected
to boost the demand for medical robotic systems. However, the high cost of
purchase, maintenance, and instruments of the robotic systems are hampering the
growth of the medical robotic systems market.
https://www.infiniumglobalresearch.com/reports/enquiry/1932
Geographically, North America
generated the largest revenue in the medical robotic systems market in 2019 and
is expected to continue its dominance over the forecast years. The increasing
geriatric population, the launch of novel treatment solutions, and the better
reimbursement policies in the region will increase demand for the medical
robotic systems market in the North America region. Moreover, the Asia Pacific
region is anticipated to grow with the fastest CAGR in the medical robotic
systems market owing to the rising healthcare infrastructure in countries such
as China and India. A rise in the growing penetration of minimally invasive
surgeries, rise in per capita expenditure, and increase in awareness among
patients are the factors responsible for the growth of the medical robotic
systems market.
The medical robotic systems
market is moderately concentrated. The majority of the market demand is
satisfied by the innovative contributions from key players despite the presence
of several players. Several companies in the global medical robotic systems
market include Intuitive Surgical, Medtronic Plc, Accuray Inc., Kinova
Robotics, Ekso Bionics Holdings Inc., MAKO Surgical Corp, Auris Health Inc.,
Renishaw Plc. among others. These companies are focusing on strategic
collaborations to increase their market share as well as their profitability.
On the other hand, the growth and affordability in the market is mainly due to
western partnerships to improve healthcare, development of surgical robots by
domestic manufacturers as well as multiple collaborations of the government
with local universities for research and development purpose. Infinium Global
Research’s recent report on the global medical robotic systems market is an
encompassment of such recent developments in the global marketplace. The report
delivers insights into the recent developments by leading players that have
contributed to the growth of the medical robotic systems market and also
estimates the impact of recent developments in the global market.
