Medical Robotics and Computer - Assisted Surgery Market Growth, Trends, Analysis and Forecast

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Date Submitted: 07/19/2016 02:22 AM

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World Medical Robotics and Computer - Assisted Surgery Market Is Expected to Reach $20.5 Billion by 2022 - Allied Market Research

A new report published by Allied Market Research titled, Medical Robotics and Computer-Assisted Surgery Market, projects that the world medical robotics and computer-assisted surgery market would reach $20.5 billion by 2022. The surgical robotics segment was the highest revenue-generating segment, accounting for nearly half of the market share in 2015, and is expected to maintain its dominance throughout the forecast period.

The major factors boosting the market growth include a shifting trend from conventional surgery to advanced robotic surgery, growing adoption of robotics prosthetic & exoskeleton for rehabilitation therapeutics, and rising incidence of cancers and other critical disorders. In addition, rising emphasis on hospital & pharmacy automation and presence of high unmet medical needs in developing and underdeveloped economies are anticipated to drive the demand for medical robotics and computer-assisted surgical systems. Moreover, in order to minimize human errors during drug handling & medicine dispensing and reduce hospital maintenance cost & faculty time, large-scale hospitals and pharmacies are now adopting automated or robotic solutions. However, the high cost associated with such medical robotics and robotic surgical procedures is the major factor restraining the market growth.

Browse full report with TOC@ https://marketreportscenter.com/reports/319312/world-medical-robotics-and-computer-assisted-surgery-market-opportunities-and-forecasts-2015-2022

The rehabilitation robotics and hospital & pharmacy robotics segments collectively accounted for around one-third of the market share in 2015, and is projected to maintain dominance throughout the forecast period. The growth of this market was majorly attributed to the shifting trend from wheelchair to robotic rehabilitation therapy, growing focus on...