CHICAGO, November 1, 2016 /PRNewswire/ --
According to the new market research report, "Medical Robotics Market, by Application (Neurology, Laparoscopy, Cardiology, Orthopedic, Special Education), Product (Robotic Systems, Instruments & Accessories) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", published by Scalar Market Research, the global medical robotics market is expected to grow from USD 5.38 billion in 2016 and reach USD 14.56 billion by 2022, growing at a 18.1% by 2022.
The global medical robotics market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.
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Key findings of the report:
- The steady growth of the medical robotics market is attributed to the rise in the number of geriatric population and the instances of disabilities among the individuals.
- The rapid rate of mechanization advancements and the rising healthcare expenditure are also some of the vital driving factors for the global medical robotics market.
- The lack of medical facility and the rising labor costs are also expected to increase the demand for the medical robotics market in the near future.
North America is expected to dominate the medical robotics market
According to the report, the North America region is expected to dominate the medical robotics market during the forecast period, which is followed by Europe. The major drivers for the market in this region include the rapid technological advancements and the growing awareness among the customers. The Asia-Pacific region is also expected to witness strong growth during the forecast period.
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The key players highlighted in the medical robotics market report include:
- Aethon, Inc.
- Corindus Vascular Robotics
- Ekso Bionics Holdings, Inc.
- Hansen Medical, Inc.
- Hocoma AG
- Intouch Health Technologies, Inc.
- Intuitive Surgical, Inc.
- Kinova Robotics
- Kuka Roboter Gmbh
- Mazor Robotics Ltd.
- Medrobotics Corporation
- Medtech S.A
- Myomo, Inc.
- Rewalk Robotics, Inc.
- Sofar S.P.A.
- Titan Medical, Inc.
- Varian Medical Systems, Inc.
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