Minimally Invasive Medical Robotics Market 2018 – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023
Global Minimally Invasive Medical Robotics Industry Market is estimated to showcase a higher CAGR in the upcoming years. Report covers Minimally Invasive Medical Robotics Market 2018 – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023.
Dallas, United States – June 22, 2018 /MarketersMedia/ —
Global Minimally Invasive Medical Robotics Industry Market is estimated to showcase a higher CAGR in the upcoming years. Minimally Invasive Medical Robotics has emerged as a new technology that has been proven useful in reducing as well as eradicating the problems associated with varied diseases.
The surgery is carried out with the help of small devices that are inserted in the body. The procedures can be used as a substitute to open surgery. The key benefits associated with the surgery may encompasses lower patient trauma, less requirement of the postoperative recovery time, and reduced healthcare costs.
It has been estimated that the manufacturers will advance the robotic technology in order to explore novel functions for the present procedure which will eventually boost the demand levels. Also, new applications for the robotic systems are being discovered. Owing to significant demands and applications from varied sectors, Minimally Invasive Medical Robotics are likely to gain huge traction across the globe.
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Market Drivers and Restraints:
Technological advancements, novel innovations, growing healthcare expenditure, rising prerequisites of surgical procedures, research and development activities, and growth of the geriatric population have been recognized as the key factors that are projected to drive the Minimally Invasive Medical Robotics Industry market in the forecast period.
Moreover, the manufacturers are taking up prominent strategies such as collaborations, merger and acquisitions, and joint ventures that are likely to foster the market growth in the coming years. Also, factors such as increased demands, expanding patient base, significant funding for research, mounting investments, and robust growth of the healthcare sector are likely to contribute greatly to the market growth.
However, soaring costs of the surgery might affect the market growth in the years to come. Also, surgical errors might act as a restraint to the market growth.
The Minimally Invasive Medical Robotics Industry Market could be categorized based on product type, application, and geography.
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In The News:
In a recent news, St. John’s Hospital Foundation brought a medical robot to help its surgeons with keen and hip surgeries. Some hospitals such as Memorial Hospital of Converse County enable the use of robot for abdominal and general surgeries.
Product segment analysis for Minimally Invasive Medical Robotics Industry Market include
• Instruments & Accessories
• Robot Systems
Application segment analysis for Minimally Invasive Medical Robotics Industry Market include:
• Orthopedic
• Urology
• Ear, Nose and Throat (ENT) Surgery
• Neurology
• Vitreoretinal Surgery
• Laparoscopy
• Cardiovascular Interventions,
• Natural Orifice Transluminal Endoscopic Surgery
Geographical segmentation for Minimally Invasive Medical Robotics Industry Market includes
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
Prominent companies promoting the Minimally Invasive Medical Robotics Industry Market are:
• Abbott Laboratories
• Conmed Corporation
• Covidien
• Ge Healthcare
• Given Imaging
• Hansen Medical
• Intuitive Surgical
• Arthrocare Corporation
• Biomet
• Boston Scientific Corporation
• Alphatec Spine
• Applied Medical
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You will find following details in this report:
In the Global Minimally Invasive Medical Robotics, Imaging & Visualization Systems & Surgical Instruments Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
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Reasons for Buying this Report
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