Medical Robots Market Research Report 2021 | Size, Share, Growth, Trends, Analysis, Competitive Landscape, Revenue, Forecast


Pune, India, Aug. 04, 2021 (GLOBE NEWSWIRE) — The global medical robots market is likely to expand in the coming years due to advancements made in embedded systems. According to a report by Fortune Business Insights, titled “Medical Robots Market Size, Share and Global Trend By Product (Robotic Systems (Surgical Robots, Telepresence Robots, Rehabilitation Robots, Pharmacy and Hospital Automation Robots, Medical Transportation Robots, Others), Instruments & Accessories), By End User (Hospitals & Ambulatory Surgery Centres, Pharmacies, Pharmaceutical & Biotechnology Industries, Others) and Geography Forecast till 2026,” the market is likely to grow in the coming years due to recent product  innovations  using concepts such as artificial intelligence (AI) and the internet of things (IoT).

Advent of precise devices in medical robots is favoring the growth of the global market. The need for highly precise devices was a common concern, but recent indications have been positive. The global medical robots market is likely to derive growth from applications in surgeries, diagnosis, and other treatment procedures. Recent product innovations have been noteworthy and are likely to contribute to the expansion of the global medical robots market in the forthcoming years.

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Ingestible Medical Origami Robot: A Game Changer

In 2016, scientist at the Massachusetts Institute of Technology (MIT) introduced a new foldable origami robot. They stated that this robot could be ingested by the humans and once it goes down the stomach, it will unfold itself and clear unwanted objects and out of the digestive system.  The device can be traced through an external magnetic field, thereby reducing chances of being misplaced. The robot could fold itself in the size of a pill and could perform tasks based on the requirements of the patients, guided by the surgeons. The origami robot can be a game changer, as it is likely to suffice the needs of internal surgical actions. This allows the need to eliminate incisions or inserting a device or surgical part into the body. The origami robot is likely to have a positive impact on the global medical robots market and is likely to favour the growth of the market in the coming years.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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Genesis Healthcare Launches Xenex Bot, Aimed Towards Strengthening its Foothold

In 2016, Genesis Healthcare launched the Xenex robot that is used to destroy bacteria and other harmful germs with the help of xenon ultra violet light. The Xenon is clinically effective against the most harmful bacteria and its abilities has caught the eyes of many investor firms around the world. The Xenex is capable of operating and functioning within a five-minute cycle, without needing to warm up or cool down. Thus, the ability of Xenon to perform its tasks in a short span of time and needing lesser pre-operative or post-operative time has contributed to the success of this technology. Genesis’ Xenex is likely to impact the global medical robots market positively and is likely to favor growth of the market in the forthcoming years.

Some of the leading companies operating in the global medical robots market are Intuitive Surgical, TransEnterix Surgical, Inc., Auris Health, Inc. (Hanssen), Verb Surgical Inc., MICROBOT MEDICAL INC., Zimmer Biomet, Stryker, Accuray Incorporated, Ekso Bionics, Hocoma, Aethon, and InTouch Technologies, Inc.

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  • Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies
  • Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.
  • Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility
  • Number of procedures and average price of procedures
  • Replacement rate and pricing of capital equipment
  • Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities
  • Market & technological trends, new product developments, product pipeline.

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