The Global Medical Robots Market Is Divided Into Four Segments: Type, Application, End User, And Region

 

Medical Robots

The COVID-19 outbreak has wreaked havoc on many people's lives and businesses on an unprecedented scale. The pandemic will have a negative impact on the medical robots market. The pandemic has resulted in a temporary ban on elective surgeries worldwide, resulting in cancellations of elective surgeries worldwide. According to a report published by CovidSurg Collaborative researchers, approximately 28 million surgeries were cancelled worldwide during the COVID-19 pandemic's peak disruption period of 12 weeks. The decrease in surgical procedures has resulted in lower revenues for the medical robots market, as revenue from the sale of instruments and accessories has not been realised. Intuitive Surgical reported a 20% decrease in daVinci surgical procedures performed in the second quarter of 2020 compared to the second quarter of 2019. Due to the increasing prevalence of COVID-19 in various regions, a further decrease is expected in the third quarter.

 

Because of the high demand for consistent and accurate processes, which is increasing investment in the healthcare sector, the Medical Robots Market is expected to grow significantly. Furthermore, the acceleration of the paradigm shift and automation in living standards, as well as the rapid increase in the applicability of robot-assisted training in rehabilitation, are all contributing to the global market's rise. Additionally, the rise in chronic health conditions is a key factor driving medical robots market trends from 2021 to 2028. Similarly, increased disbursements and high funding for medical robot startups are having a significant impact on the growth of the medical robots market. Furthermore, medical robots have gained widespread acceptance in a variety of fields such as interventional cardiology, neurological surgery, and orthopaedic surgery, which is having a significant impact on the target market's growth rate.

 

The global medical robots market is divided into four segments: type, application, end user, and region. The market is further subdivided by type into hospital and pharmacy robotic systems, surgical robotic systems, noninvasive radiosurgery robotic systems, rehabilitation robotic systems, and others. The market is divided into applications such as cardiology, laparoscopy, pharmacy, neurosurgery, orthopaedic surgery, and others. The market is further segmented by industry vertical into specialty centres, hospitals & clinics, rehabilitation centres, and others. Geographically, the global market is divided into North America (the United States, Canada, and Mexico), Europe (the United Kingdom, Germany, France, Italy, and the rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) (Latin America, Middle East, and Africa).

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