According to Goldstein Research, global medical robotics market is expected to reach USD 22.61 billion by 2024 from USD 4.26 billion in 2016, growing at a CAGR of 23.2% over the forecast period 2016-2024. Growing ageing population in developed & developing countries and globalization of healthcare is raising the demand for medical robots. Global medical robotics market segmentation has beendoneon the basis of product type, applicationand geography.Medical robots are used for assistance in medical transportation & telepresence, sanitation, disinfection, and prescription dispensing. These features are attracting the global market towards the adoption of medical robots for healthcare industry.

Global medical robotics industry is largely dominated by North America with a market share around 43% in 2015 and is anticipated to witness healthy growth over the forecast period. Increasing applications of medical robots mainly hospitals and pharmacy robots, surgical robots etc. in U.S. and Canada is likely to enhance the growth opportunities for medical robotics in the region. Europe is the leading region in professional medical service robotics.

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Market Segmentation

On the basis of our in-depth analysis, Global Medical Robotics Market can be segmented as follows:

Based on Product Type

o Surgical Robots
o Rehabilitation Robots
o Non-invasive radio-surgical Robots
o Hospital & Pharmacy Robots

Based on Application

o Neurology
o Orthopedics
o Cardiology
o Laparoscopic
o Other (Gynecology, Nanomedicine)

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Medical Robotic Industry Analysis reportcontains detailed overview of the global medical robotics market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and application.

Further, for the in-depth analysis, Global Medical Robotics Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Titan Medical Inc., Medtronic, Stryker Corporation, TransEnterix Inc., Medtech, Abbot Diagnostics, Aurora Biomed, Irobot Corporation, Intuitive Surgical, Hansen Medical, Mazor Robotics, Kirby Lester LLC, Accuray Incorporated, Ekso Bionics Holdings, Inc., Hocoma AG, Omnicell, Inc., CareFusion, Biotek Instruments, Rewalk Robotics,etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global medical robotics market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our industry analysis reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on healthcare market analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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