Kenneth Research has evaluated the current market opportunities in Medical Robotics Market in the healthcare industry for the forecast period 2022-2031, which also includes the ongoing industry trends and innovations that will help industry players to attain their business targets. Apart from that, the inclusive data on market size, market share and forecast, growth opportunities and challenges for the market players, along with the worldwide analysis on regions- North America, Latin America, Europe, Asia Pacific and Middle East & Africa, has also been provided in the report.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Medical Robotics Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Healthcare robotics is a nascent but growing market with huge scope in the future. The complex and critical surgeries are being performed through robotic technologies such as minimally invasive surgeries. Such technique enables surgeons to perform various critical surgeries such as the prostate cancer, brain tumor, artery bypass, valve repair and replacement, arterial fibrillation amongst others. The surgeries are performed with minimal incision to avoid scars and blood loss. The recovery of patients is faster with less amount of pain compared to open surgeries.
“Final Report will add the analysis of the impact of COVID-19 on this industry.
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Company Profile:
1. Titan Medical Inc
2. Intuitive Surgical
3. Accuray Inc
4. Mako Surgical Corp
5. Mazor Robotics Ltd
6. Hansen Medical, Inc
7. Health Robotics S.R.L
8. Abbott Diagnostic
9. Agilent Technologies
10. Aurora Biomed Inc
11. Roche Holding AG
12. Siemens Healthcare
13. Biotek Instrument Inc
14. Baxter International Inc
15. Carefusion Corp.
This Research Report covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR upto 2028
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
6. Deep profiles top competitive companies
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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
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