North America Medical Robots Market is expected to reach USD 4.62 Bn by 2021 with a CAGR of 19.91%

North America Medical Robots Market - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)| Market Data Forecast

According to the report North America Medical Robots Market, published by Market Data Forecast, The Market is expected to reach USD 4.62 billion by 2021 from USD 1.86 billion in 2016, growing at a CAGR of 19.91%.

The Medical Robots market is forecasted to show evident potential in the mentioned period. The market continues to build momentum with the increase in technological advancements in the field of pharma and healthcare, as a result of which the doctors are able to treat patients with such ailments which can’t be cured as effectively by a human surgeon. Therefore, more and more companies have shown interest in this market recently.

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Medical Robots are the robots which are used in medical sciences. These robots are of various types including surgical robots and others. Medical robots assist in carrying out tasks with more precision than any unaided human surgeon or even provide the option of remote surgery in cases of unavailability of human surgeon.

The advancements in technological for the healthcare field have been one of the key factors driving the market for Medical Robots. Apart from this, other major factors contributing to the growth of the market include Issuance of Ipos by Medical Robots companies, increase in funding for Medical Robots research, growing hospital investments in Medical Robots and the advantages offered by Robot-Assisted Training in Rehabilitation Therapy. Further, there are few restraints and challenges faced by the market as well. The major ones are high cost of Robotic Systems with unjustified cost benefits of Robotic Surgeries and safety concerns over Robotic Surgery Devices.

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North America Medical Robots Market: Segmentation

Product                                                        

Surgical Robots
Laparoscopy Robotic Systems
Orthopaedic Robotic Systems
Neurosurgical Robotic Systems
Steerable Robotic Systems
Rehabilitation Robotic Systems
Therapeutic Robotic Systems
Assisstive Robotic Systems
Prosthetic Robotic Systems
Orthotic Robotic Systems
Exoskeleton Robotic Systems
Non-Invasive Radiosurgery Robotic Sytems
Hospital & Pharmacy Robotic Systems
Pharmacy Robotic Systems
IV Robotic Systems
Tekemedicine Robots
other Robotic Systems
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Application                                                 

Laparoscopy
Orthpaedics
Neurology
Special Education
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
Some of the major companies holding the larger share of the market include Intuitive Surgical Inc., Hocoma AG, Hansen Medical Inc, Mazor Robotics Ltd, Accuray Incorporated, Arxium, Stryker Corporation, EKSO Bionics Holdings Inc., Omnicell Inc., Kirby Lester LLC.

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Reasons to buy North America Medical Robots Market Report:

Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market


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Keywords : North America Medical Robots market, Medical Robots market research, Medical Robots market Forecast Report, Medical Robots market Strategy,

by Abhishek Shukla (few months ago!)

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