Robotics in healthcare generally is the one used widely by surgeons while performing intricate surgeries such as more detailed and less invasive procedures. Such robotics is primarily in telemanipulators, which make use of the surgeon’s actions on one side and to curb the ‘effector’ on the other side. The healthcare robotics market industry has experienced dynamic development since the whole concept was first introduced way back in the mid 80s. Robots have always been used to perform the mere basic activities like helping in surgical procedures and endoscopy; and too much complex applications such as microsurgeries, neurosurgeries, emergency response, radiology, and prosthetics, as well as non-medical uses in hospitals. Robots used in healthcare industry are usually relegated based on several fundamentals such as targeted anatomy, intent of automation, and kinematics. In today’s world, commercially a broad variety of healthcare robots are available and big R&D is being conducted to introduce give productive insights of technologies in them. Moreover, most of the robots used in the healthcare industry are primarily concentrated in the developed markets. However, conscious efforts are being taken by the manufacturers to snoop into Asia pacific, Middle-East and Africa.
Top Manufactures Analysis of Robotics: Toyota, Aethon, Epson Robots, Anybots, Blue Belt
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The global robotics in healthcare market is predicted to flourish during the while growing at a considerably high CAGR during the forecast period owing to increased market penetration for healthcare IT segment. Increased prevalence of disabled individuals along with improved automation technologies is fuelling this market’s growth. Moreover, with the innovation of enhanced technologies such as capsule robot system, software, and imaging systems, increasing geriatric population, and elevated per capita income medical care expenses are together promoting the growth of robotics industry. In 2013, the surgical robots segment dominated the global market owing to their greater usage and market penetration rates and the occurrence of higher number of R&D programs focused at new and enhanced development. Nevertheless, hospital and pharmacy robots are predicted to be the most rapid growing segment of this industry and are expected rise at a substantially high CAGR during the forecast period owing to rising population which is based on therapeutic solutions. But, robots are not cost-efficient and so higher cost of purchase and installation and superior pay-back period for the investment in the robotic devices might cause a hindrance for the market growth especially in the under-developed economies.
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Geographically, it has been stated that North America has garnered the greatest revenue share in this industry’s market in 2014 owing to greater adoption rate of healthcare robots in this region and the governments’ robust aim and focus on medical robots to enhance the overall quality of healthcare. Also, Asia Pacific robotic systems market is predicted to flourish at a most rapid rate over the forecast period mainly due to the various untouched market opportunities. Some of the major market players of the global robotics in healthcare makrket are Toyota, Aethon, Epson Robots, Anybots, Blue Belt, Engineering Services, Covidien, Hocoma, Autom, Honda, Catheter Robotics, Corindus Vascular Robotics, Stereotaxis, Hansen Medica, Elekta, Given Imaging, Titan Medical, Touch Bionics, and HeartLander Surgical.
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