Global Medical Robots Market to 2020: Market is Expected to Reach USD 11.4 Billion in 2020 from USD 4.2 Billion in 2015, at a CAGR of 22.2%

Nov 20, 2015, 13:10 ET from Research and Markets

DUBLIN, Nov. 20, 2015 /PRNewswire/ --

Research and Markets(http://www.researchandmarkets.com/research/lw922h/medical_robots) has announced the addition of the "Medical Robots Market by Product (Robotic systems, Instruments & Accessories) & Application (Orthopedic, Laparoscopy, Neurology) - Forecasts to 2020" report to their offering.

The medical robots market is dominated by North America, followed by Europe, Asia-Pacific, and the Rest of the World (RoW)

Asia-Pacific is expected to grow at the fastest rate. The high growth of the region can be attributed to the rise in aging population in the region, growing adoption of medical robots, high prevalence of cancer, funding and collaboration initiatives supported by governments, and establishment of training programs that train surgeons for performing robots assisted surgeries.

The medical robots market comprises a few large players and several small players. Players in this market implemented various strategies to expand their global footprints and increase their market shares. Undertaking marketing and promotion activities was the key strategy adopted by players in this market. This strategy was employed by players to increase the awareness of their products and educate potential clientele on the use and benefits of the products. Collaborations, agreements, partnerships, new product launches, acquisitions, and expansions were other key areas of focus for market players.

In 2015, the instruments and accessories segment is expected to account for the largest share in the medical robots market and grow at the highest rate; the neurology segment is expected to account for the largest share of the medical robotics market, by application.

In 2015, North America accounted for the largest share of the global medical robots market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). In the coming years, the medical robotics market is expected to witness the highest growth rate in Asia-Pacific. High growth in this region can be attributed to the rise in aging population, growing adoption of medical robots, high prevalence of cancer, funding and collaboration initiatives supported by governments, and establishment of training programs that train surgeons for performing robot-assisted surgeries.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Global Medical Robots Market, By Product

7 Medical Robots Market, By Application

8 Medical Robots Market, By Region

9 Competitive Landscape

10 Company Profiles

- Accuray, Inc.
- Aesynt Inc
- Arxium
- Ekso Bionics Holdings, Inc.
- Hansen Medical, Inc.
- Hocoma
- Intuitive Surgical, Inc.
- Kirby Lester Llc
- Mazor Robotics Ltd.
- Stryker Corporation

For more information visit http://www.researchandmarkets.com/research/lw922h/medical_robots

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets



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