Medical Robots Market Report: Technological Advancements in Medical Industry and Growth of AI to Boosts the Demand | Future Market Insights, Inc.
Medical Robot Market Set to Achieve 12.9% CAGR, Projected to Reach USD 38,701.5 Million by 2034 Due to Advancements in Robot-Assisted Surgery.
NEWARK, Del, Sept. 04, 2024 (GLOBE NEWSWIRE) — The
Competitive Landscape Outlook:
As industry leaders continuously explore diverse niches, the competitive landscape is marked by strategic expansion. Key players are actively engaging in mergers, acquisitions, collaborations, and partnerships to strengthen their market positions.
Analysis of the global medical robot market indicates that new entrants may encounter challenges due to the saturated nature of the industry.
Recent key developments influencing the market include:
- In April 2024, iRobot Corporation introduced the Roomba Combo Essential Robot, aiming to make robotic solutions more affordable and accessible.
- In May 2024, Medrobotics Corporation sold off its assets as a measure to address financial difficulties, leading to a reduction in its market share.
Key Players of the Medical Robot Market:
- iRobot Corporation,
- Medrobotics Corporation,
- Titan Medical Inc.,
- Renishaw Plc,
- Health Robotics SLR,
- Medtroni, Intuitive Surgical,
- Mako Surgical Corp.,
- Varian Medical Systems,
- Stereotaxis Inc.,
- Mazor Robotics.
Medical Robot Market- Key Segments:
By Product:
Based on the product, the segment is categorized as Surgical Robots, Assistive Robots, Hospital Automation robots, and Pharmacy Automation robots.
By Application:
Neurology Applications, Orthopedic Applications, Cardiology Applications, Laparoscopic Applications, Pharmacy Applications, and Others are key applications-based segments.
By End User:
Hospitals, Ambulatory Surgery Centers, Rehabilitation Centers, and Others are key end-user industries.
By Region:
North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and The Middle East and Africa are the key contributing regions to the industry.
To Gain More Insights about this Research, Visit! https://www.futuremarketinsights.com/reports/medical-robots-market
Author by:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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