Healthcare Robots Market - Global Industry Value chain and Stakeholder Analysis 2024
Healthcare Robots Market is driven by increasing automation technologies, enhancement of technological innovation; massive purchasing and installing costs of healthcare robots can impede the growth in the global Healthcare Robots Market.
Healthcare Robots Market is driven by increasing automation technologies, enhancement of technological innovation; massive purchasing and installing costs of healthcare robots can impede the growth in the global Healthcare Robots Market.
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<strong>Healthcare</strong> <strong>Robots</strong> <strong>Market</strong> - <strong>Global</strong> <strong>Industry</strong><br />
<strong>Analysis</strong>, Size, Share, Growth, Trends <strong>and</strong><br />
Forecast 2016 - <strong>2024</strong><br />
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REPORT DESCRIPTION<br />
<strong>Healthcare</strong> robots are a blend of medicine <strong>and</strong> technology. These robots aid surgeons in performing surgeries with<br />
almost perfect precision. These are considered as an alternative method to minimal invasive surgeries. In the recent<br />
past, considerable development has been achieved in the global healthcare robots market as robotics is being<br />
increasingly adapted by the medicine industry to augment healthcare workers including therapists, though this can<br />
never be an alternate for humans, nor can they perform autonomously owing to patient safety concerns. However<br />
they help doctors to considerably leverage their analytical <strong>and</strong> decision-making skills, while extending their physical<br />
abilities.<br />
Some of the driving forces for the global healthcare robots market are increasing automation technologies,<br />
enhancement of technological innovation, booming population growth <strong>and</strong> reduced overall mortality rates, growing<br />
disabilities in humans, acute supply shortage of medical professionals, need for improving surgical procedures, need<br />
for improving life quality for the elderly <strong>and</strong> the disabled, demographic changes, large scale global investment in the<br />
robotics market, Food <strong>and</strong> Drug Administration (FDA) approval of critical surgeries, government backing for the<br />
healthcare market, <strong>and</strong> the growing incidence of medication blunder deaths.<br />
However, massivepurchasing <strong>and</strong> installing costs of healthcare robots can impede the growth in the global market.<br />
Medical robots are too expensive <strong>and</strong> need technical professions for performing operations. Moreover, reluctance to<br />
imbibe the technological change, <strong>and</strong> mechanical reliability issues are also restraining factors for the healthcare<br />
robots market. Despite this, healthcare robots have achieved global acceptance in a varied range of operations such<br />
as neurological surgery, interventional cardiological surgery <strong>and</strong> orthopedic surgery. This provides the much needed<br />
lucrative opportunities for the healthcare robots market moving into the future.<br />
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The global healthcare robots market may be segmented on the basis of applications, type <strong>and</strong> components. On the<br />
basis of applications, the segments are neurology applications, cardiology applications, orthopedic applications,<br />
laparoscopic applications <strong>and</strong> other applications. The categories based on type of product are surgical robots,<br />
rehabilitation robots, telemedicine robots, pharmacy <strong>and</strong> hospital automation robots, non-invasive radiosurgery
obots <strong>and</strong> robotic catheters. The categories on the basis of components segmentation are safety systems,<br />
locomotion systems, user interface, software platforms, power resources <strong>and</strong> visualization systems.<br />
Based on geography, the global healthcare robots market can be segmented into six regions. These are North<br />
America, Western Europe, Eastern Europe, Asia Pacific, Latin America, <strong>and</strong> the Middle East <strong>and</strong> Africa. North America<br />
has been typically leading the global market for healthcare robots owing to enhanced awareness amongst the<br />
patients towards the utility of new, innovative technologies which paves the path for huge potential growth in this<br />
region. The market is projected to grow at a greater pace in the future mainly due to the high levels of initial medical<br />
investment in the U.S. North America is followed by the European region in terms of market share. Since the<br />
European government has been initiating innovative policies for improving well-being <strong>and</strong> health of the citizens,<br />
Europe is forecast to have substantial growth in the near future. The other region of robust growth in the healthcare<br />
robots market is the Asia Pacific because of fast evolving medical infrastructure. Furthermore, growing disposable<br />
income levels, technological evolution <strong>and</strong> rapidly changing lifestyle scenario are the main reasons behind the<br />
impressive growth rates in this region.<br />
The key players in the global healthcare robots market are Hocoma, Irobot Corporation, Hansen Medical Inc, Ekso<br />
Bionics Holdings Inc, Titan Medical Inc, Accuray Inc,Intuitive Surgical Inc, MAKO Surgical Corp, ZOLL Medical Corp,<br />
Varian Medical Systems, Kirby Lester Llc, Mazor Robotics Ltd, Aurora Biomed Inc, Roche Holding AG <strong>and</strong> Biotek<br />
Instruments Inc.<br />
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