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Medical Robots market to Worth 29.30 billion by 2028 | Installation of Surgical Robots to Surpass 2,112 by 2025 - SkyQuest Technology

·5 min read
SkyQuest Technology Consulting Pvt. Ltd.
SkyQuest Technology Consulting Pvt. Ltd.

Global medical robots market was valued at USD 8.40 billion in 2021 and it is expected to reach at USD 29.30 billion by 2028, with CAGR of 22.15% over the forecast period (2022–2028).

Westford, USA, Sept. 19, 2022 (GLOBE NEWSWIRE) -- As the world undergoes rapid technological advancements, so too does the medical field. Medical robots are specifically designed to assist doctors in performing surgery and other medical procedures more safely and efficiently. Their growing popularity in the global medical robots market is due in part to their reduced risk of human error, as well as the cost-effectiveness of their use.

There are a variety of medical robots on the market today, each with its own unique capabilities. Some are designed for basic tasks such as walking or x-ray scanning, while others are specifically designed for more complex surgeries.

One of the main factors driving growth of the global medical robots market is their safety profile. Compared to traditional methods such as surgery or even general anesthesia, medical robots operate with far less risk of human error. Moreover, because they are so precise and efficient, they can often save patients time and money. In some cases, robots have been found to be even more successful than human surgeons at completing difficult tasks such as removing tumors from the body.

One downside to medical robotics is their high initial cost. However, this cost tends to be offset by long-term savings in both costs and time spent on procedures.

SkyQuest is pleased to announce the release of its latest report on Global Medical Robots Market." The report provides a comprehensive overview of the global medical robots market, including key drivers and trends, recent developments, and future prospects.

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Installation of Surgical Robots to Surpass 2,112 by 2025

The use of medical robots has been significantly growing in recent years. In 2013, there were only 144 installations worldwide, but this number has already increased to over 827 in 2017 and is expected to surpass over 2112 by 2025. This growth of the medical robots market is mostly due to the increasing demand for effective and affordable healthcare. The traditional methods for treating patients are often inefficient and expensive. Medical robots can help to improve these problems by providing customizable assistance to surgeons and nurses during surgeries and providing examination results more quickly.

As the demand for medical robots market continues to grow, so too does the number of companies develop these robots. In the past few years, robotics companies have developed robots to assist with a wide range of surgical procedures. These include assisting during colonoscopies, noting and managing blood pressure, assisting during childbirth, and many more.

Because of this growing demand, manufacturers in the medical robots market are able to offer their machines at a lower cost than traditional medical devices. This has made them a viable alternative for some surgeries. In addition, robotic surgery has been shown to be more accurate than traditional surgery and less likely to cause injury to the patient or doctor.

So far, medical robots have been used primarily in developed countries. However, this is changing as the cost of these robots falls and the benefits become more apparent. As medical technology continues to develop, we can expect to see even more medical robots becoming available for use in hospitals around the world.

As medical robots become more commonplace in hospitals across the medical robots market, it's likely that smaller companies to intensify their investment approach. This is good news for patients, as it means that they will be able to access high-quality medical technology at an affordable cost. In addition, the development of artificial intelligence (AI) technologies will allow medical robots to make increasingly complex decisions on their own. This could mean fewer surgical mishaps, and ultimately improved patient outcomes.

SkyQuest's report provides detailed insights into the medical robots market, including its size, growth potential, key players, and major application areas. It also analyzes the different types of medical robots available and their relative benefits. With its comprehensive analysis and insightful recommendations, the report is an essential resource for companies operating in this dynamic market.

Browse summary of the report and Complete Table of Contents (ToC):


Top Trends in Global Medical Robots Market

Today’s medical robotics market is highly competitive with a wide range of clinical applications. This has resulted in several advancements in the technology in recent years. Here are five top trends that will impact the medical robots market over the next few years:

1. Integration of artificial intelligence and machine learning into medical robotics to improve diagnosis and presurgical planning.

2. Development of surgical robots that can be controlled by surgeons with minimal assistance.

3. Expansion of medical robotics for use in care settings such as long-term care and home health.

4. Increased adoption of robotic surgery devices for major surgery trials

5. uptick in investment in medical robotics research and development

Artificial intelligence and machine learning are quickly becoming integral parts of medical robotics. This technology can improve pre-surgical planning, diagnosis, and even surgical outcomes. Here are four top trends in medical AI and ML integration:

Improving Pre-Surgical Planning: Artificial intelligence can help surgeons identify potential risks and complications during surgeries and make better decisions about which procedures to perform. By automatically analyzing medical images, AI can also provide valuable feedback about how a patient is healing in the global medical robots market.

Improving Diagnosis: AI can help doctors identify diseases and conditions more accurately than human doctors can. By analyzing patient data, AI modules can identify patterns that may indicate a health problem. Furthermore, machine learning can also help create more accurate prognoses for patients.

Improving Surgical Outcomes: By reviewing historical data from past surgeries, AI can help predict potential problems during future surgeries. This information can then be used to train robot surgeons to avoid the same mistakes. Additionally, machine learning can improve the accuracy of surgical protocols by predicting how patients will respond to various interventions.

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Key Players in Global Medical Robots Market

  • Smith and Nephew (UK)

  • Strikers (US)

  • Aethon (US)

  • Intuitive Surgical (US)

  • Major Robotics (Israel)

  • Intouch Technologies Inc. (US)

  • Renishaw plc (UK)

  • MedTech SA (France)

  • Ekso Bionics (US)

  • ReWalk Robotics (Us)

  • Medrobotics Corporation (US)

  • McKesson Corporation (US)

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