Increasing Demand for Telemedicine Robots May Propel Growth of Medical Robots Market

Research and Markets has announced the addition of the "Medical Robots Market by Type (Surgical Robot, Rehabilitation Robotics, Telemedicine, Assistive Robots, Orthotics, Prosthetics, Radio Surgery, Exoskeleton) & Application (Orthopedic, Neurology, Laparoscopy)- Global Forecasts to 2018" report to their offering.

The medical robotics market was valued at $1,781 million in 2013 and is expected to reach $3,764 million by 2018, growing at a CAGR of 16.1% from 2013 to 2018

Over the years, the demand for medical robots has increased significantly. This is due to the paradigm shift in the healthcare industry where emphasis is being laid on minimally invasive surgeries through the use of robots. The global medical robot market is categorized into five broad segments - surgical robots, rehabilitation robots, non-invasive radiosurgery robots, hospital and pharmacy robots, and others. Based on applications, the medical robots market comprises the following segments - neurology, orthopedics, laparoscopy, special education, and other areas.

The hospital and pharmacy robots segment is the fastest-growing segment of the medical robotics market. The increasing demand for telemedicine robots is likely to propel the growth of this market. Along with this, technological developments and increasing adoption of newer technologies by hospitals are some factors that are propelling the demand for hospital and pharmacy robots. The other major segment under hospital and pharmacy robots is the i.v. robots segment. i.v. robots are dispensing robots used in hospitals and pharmacies to accurately compound drug mixtures. These robots are used to administer safe, accurate, efficient, cost-effective, and ready-to-administer IV admixtures.

Factors such as an aging population, increasing spending power of the middle-class population, increasing number of private sector hospitals, advancements in endoscopic technologies, and expansions of rural healthcare facilities are also going to play a pivotal role in boosting the demand for medical robotics in the Asian region. China and Japan will be the focal point for the growth of medical robotics in the Asian market. Countries such as Singapore and Thailand are also expected to witness growth in this sector, owing to increasing government support. North America and Europe are both likely to witness an increasing demand for medical robotics owing to technological advancements as well as increased government support in both the geographies.

Scope of the Report

Segment

• Surgical Robots
  • Orthopedic Surgical Robots
  • Neurological Surgical Systems
  • Laparoscopy Robotic Systems
  • Steerable Robotic Catheters
• Rehabilitation Robots
  • Assistive Robots
  • Prosthetics
  • Orthotics
  • Therapeutic Robots
  • Exoskeleton Robotic Systems
• Non-Invasive Radio surgery Robots
• Hospital and Pharmacy Robots
  • Telemedicine Robots
  • I.V. Robots
  • Pharmacy Robots
• Others

Application

• Neurology
• Orthopedics
• Laparoscopy
• Special Education
• Others

Companies Mentioned

• Accuray, Inc.
• Hansen Medical, Inc.
• Health Robotics S.R.L.
• Intuitive Surgical Inc.
• Mako Surgical Corp.
• Mazor Robotics Ltd.
• Medrobotics Corporation
• Or Productivity Plc
• Renishaw Plc
• Titan Medical Inc.

For more information visit http://www.researchandmarkets.com/research/srbr84/medical_robots