Pharmabotics & Companion Robots: Placing the “Care” Back in Healthcare

Posted on 2018-08-16 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Aug-16 — /EPR Network/ —According to Goldstein Research, medical robotics market is segmented on the basis of product type such as surgical robots, rehabilitation robots, non-invasive radio-surgical robots and hospital & pharmacy robots. Increasing adoption of surgical robotic systems in hospitals is raising the demand for surgical robots across the globe. Surgical robotics segment accounted for 42% of market share in 2016. With the improving healthcare and infrastructure facilities, hospital & pharmacy robots are also likely to gain significant growth during the forecast period. Increasing applications of medical robots mainly hospitals and pharmacy robots, surgical robots etc. in U.S. and Canada is likely to enhance the growth opportunities for medical robotics in the region.

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“Global Medical Robotics Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, competitive analysis includes the in-depth analysis of the major players and leaders in healthcare industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others. Our primary research team conducted various interviews, surveys and group discussions of industry medical device manufacturers, suppliers, and distributors, pharmaceutical & biotechnology companies, healthcare institutions, clinical centers, medical research laboratories and academic medical centers and universities to analyze the future prospects of the overall healthcare industry.

Global Medical Robotics Market Segmentation can be classified on the basis of:

Based on Product Type

Surgical Robots
Rehabilitation Robots
Non-invasive radio-surgical Robots
Hospital & Pharmacy Robots

Based on Application

Neurology
Orthopedics
Cardiology
Laparoscopic
Other (Gynecology, Nanomedicine)

By End User

Hospitals
Clinics
Diagnostics Lab
Home Care Settings

By Geography

North America (US, Canada) Medical Robotics Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) Medical Robotics Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) Medical Robotics Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) Medical Robotics Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) Medical Robotics Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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Market Trends, Drivers & Challenges

Advent of the digital health industry that is calculated to be between 55 to 67 billion USD i.e. 1 to 1.5% of the total healthcare industry and is projected to grow at a rate of 20 to 25% annually. Investors invested over USD 6.1 billion in over 875 digital health companies in 2015 and over USD 16 billion since 2010 in over 3,000 companies in order to seize the growth of healthcare industry. Features like better precision, faster procedure and safer surgical procedure provided by medical robots are gaining traction which is likely to encourage the expansion of medical robotics business globally. Lack of awareness about advance robotic solutions and lack of technically skilled personnel are also hindering the market growth. Also existing market players are already investing to improve their medical robots so that it can be available at reasonable cost. This can create challenges for startups in medical robotics market to establish brand image and to introduce cost-effective medical robots.

“Global Medical Robotics Market Report” has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global medical robotics market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on healthcare market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Based on Product Type

Based on Application

By End User

By Geography

About Goldstein Research

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