The global medical robots market is growing significantly due to increasing demand for minimally invasive surgeries with the help of robots in the industry. Moreover, rising need for errorless surgeries are expected to support the growth of the medical robots market. Massive unexplored market in medical robots industry of developing economies are creating ample opportunities for the medical robots market to grow at a considerable rate in the coming years.
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The advanced research and development facilities and new product developments by the companies are supporting to address the demand for cost effective healthcare in the medical robots industry. Surgical robots reduce the pre and post-operative cost and length of stay in hospital. Moreover, development of nanorobots is also expected to support the growth of the medical robots market in the coming years.
Geographically, North America will be leading the global medical robots market in the coming years, due to rise in aging population, growing prominence of rehabilitation robots, and favourable reimbursement policies.
Moreover, Asia-Pacific is the fastest growing region in the global medical robots market. The major reasons contributing to the fastest growth in the region are increasing healthcare expenditure, large pool of patients, rise in government support and funding, increasing medical tourism, and improving healthcare infrastructure in the region. Moreover, the medical robots market is also growing due to increasing awareness of patients in the emerging countries, such as India and China, of Asia-Pacific region.
Some of the companies operating in the medical robots market are Accuray, Inc., Titan Medical, Inc., Health Robotics S.R.L., Renishaw Plc., Hansen Medical, Inc., OR Productivity Plc, Mako Surgical Corporation, Swisslog Holding Ltd., Medrobotics Corporation, Intuitive Surgical Inc., ZOLI Medical Corporation, Mckesson Corporation, and Mazor Robotics Ltd.
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