The increasing efficiency of robots in performing complicated tasks such as surgeries is leading to wider adoption of medical robots and thus, boosting the global “Medical Robotic Systems Market Share”, says Fortune Business Insights in their new study. The study is titled,” Medical Robotic Systems Market: Global Market Analysis, Insights, and Forecast, 2019-2026”. According to the report, The Global Medical Robotic Systems Market is presumed to witness an exponential CAGR of 21.5%. The market for medical robotics systems, which was valued at US$ 2,257.8 Mn in 2018 is anticipated to reach US$ 10,710.6 Mn by the end of 2026. It is expected to gain traction as market players are focusing constantly on introducing innovative and advanced surgical robots.
The report provides market analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
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Leading Players operating in the Medical Robotic Systems Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Zimmer Biomet
- Intuitive Surgical Inc
- Smith & Nephew
- Ekso Bionics
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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Global Medical Robotic Systems Market Segmentation
- Surgical Robots
- Telepresence Robots
- Rehabilitation Robots
By End User
- Ambulatory Surgery Centers
- Rehabilitation Centers
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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Reasons to Purchase this Report:
- Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players.
- Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion.
- Market dynamics and opportunities for growth for players in the near future.
- Competitive landscape describing the market revenue shares of key players.
- Market segmentation analysis that deals with quantitative and qualitative research, discussing the influence of policy-based and economical aspects.
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