Medical Robotic Systems Market Stood at US$13.6 Bn by 2018

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Medical Robotic Systems Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2012 - 2018
A new Transparency Market Research report states that the global medical
robotic systems market was valued at US$5.48 bn in 2011 and is predicted to
reach US$13.6 bn in 2018. It is expected to expand at a healthy CAGR of
12.60% from 2012 to 2018. The title of the report is “Medical Robotic
Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2012 - 2018”.
According to the report, the medical robotic systems market is majorly
fuelled by the enhancement of automation technologies, rising baby boomer
population, and the rising incidence of disabilities in human beings that
impede their day-to-day physical motions. Furthermore, the absence of
skilled medical personnel, the soaring cost of human workers, and rising
healthcare costs have raised the inclination of hospitals for automating their
operations and adopting methods of lean hospital management. This trend has
raised the demand for medical robotic systems all around the world. On the
other hand, the soaring purchase and installation costs of medical robotic
systems may impede their demand in the coming years, especially in
emerging economies.
Browse Full Research Report:
On the basis of segment, the market is segmented into surgical robots, noninvasive radiosurgery, emergency response, non-medical, assistive and
rehabilitation, and prosthetics robotic systems. Amongst these robotic
systems, surgical robots led the market in terms of revenue. The da Vinci
surgical robot and the Telelap ALF-X surgical robots are amongst the top
surgical robots dominating the market. The segment of surgical robots has
been further segmented into neurosurgery robotic systems, orthopedic robotic
systems, noncatheter percutaneous robotic systems, steerable robotic
catheters, and general laparoscopy robotic systems. The segment of
noninvasive radiosurgery robotic systems is further segmented into
TrueBeam STx radiosurgery system, Gamma Knife Perfexion radiosurgery
system, and CyberKnife Robotic radiosurgery system.
Moving further, the segment of emergency response robotic systems is
further segmented into LS 1 - robotic system, AutoPulse Plus robotic system,
and others. The segment of prosthetics has been further segmented into C-leg
- knee prosthetic, Rheo – knee prosthetic, ReWalk – walking assistance
exoskeleton, and i-limb ultrahand – hand prosthetic. Furthermore, the
segment of assistive and rehabilitation systems has been further segmented
into LARM, a robotic arm, Handy 1 assistive Robot, Lokomat, and Myomo
mobility system, a muscle re-education device. The segment of non-medical
robotics is further segmented into cart transportation robots, robotic hospital
pharmacy, and telemedicine robots.
On the basis of geography, the medical robotic systems market is segmented
into Europe, North America, Asia Pacific, and Rest of the World (RoW).
Amongst these, North America held the largest share in the market in 2011
and is trailed by Europe. On the other hand, the expanding economies in
Africa, the Middle East, and Asia Pacific have experienced exceptional
development in healthcare infrastructure and thereby the demand for medical
robotic systems in these regions is poised to rise in the forthcoming future.
Intuitive Surgical, Inc., Accuray, Inc., Hansen Medical, Inc., Titan Medical,
Inc., Irobot Corporation, MAKO Surgical Corp., Stereotaxis, Inc., Varian
Medical Systems, ZOLL Medical Corp., and McKesson Corporation, among
others, are the prominent players operating in the market.
Browse Full Press Release:
Press Release
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