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Asia Pacific set to have a high growth trajectory in the Medical Robots Market till 2022


(MoneyNewsWire.Net, January 12, 2018 ) According to the report Medical Robots Market, published by Market Data Forecast, the Global market is projected to reach USD 13.7 billion by 2022, at a CAGR of 21.1% from 2017 to 2022.

Robots used in the field of medical science are termed as Medical Robots. This market has tremendous potential. Medical robots have higher levels of precision in performing surgeries and are more reliable in surgeries involving high risks. They are also used in case of unavailability of a surgeon.

Get a comprehensive overview of the Medical Robots Market:

Medical Robots Market: Drivers & Restraints
Rapid technological advancements, steadily rising funding for research in this field, rising number of IPOs of companies in this field, rising number of investments in hospitals, and advantages of using robots assisted training in the rehabilitation therapy are the primary drivers of the market.
Concerns over the safety of using these devices, and hefty cost of robotic surgical procedures are the primary restraints of this market.

Get accurate market forecast and analysis on the Medical Robots Market. Request a sample to stay up-to-date on the main trends affecting this market:

Medical Robots Market: Segmentation
By Product
• Surgical Robots
o Laparoscopy Robotic Systems
o Orthopaedic Robotic Systems
o Neurosurgical Robotic Systems
o Steerable Robotic Systems
• Rehabilitation Robotic Systems
o Therapeutic Robotic Systems
o Assisstive Robotic Systems
o Prosthetic Robotic Systems
o Orthotic Robotic Systems
o Exoskeleton Robotic Systems
• Non-Invasive Radiosurgery Robotic Sytems
• Hospital & Pharmacy Robotic Systems
o Pharmacy Robotic Systems
o IV Robotic Systems
o Tekemedicine Robots
• Other Robotic Systems
By Application
• Laparoscopy
• Orthopaedics
• Neurology
• Special Education
• Other Applications
By Geography
• North America
o United States
o Canada
• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
• Middle East & Africa
o Middle-East
o Africa

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at

Medical Robots Market: Overview
In 2016, by application laparoscopy is the market leader and is predicted to retain its position in the aforementioned forecast period. Neurology is anticipated to grow at the highest CAGR. If we go by product type surgical robots is the market leader and is expected to remain so in the aforementioned forecast period.

North America is the market leader and is expected to retain its position in the aforementioned forecast period. Savoury reimbursement scenario in US, rising cases of cancer are the primary reasons attributable to the observable trend mentioned above. Asia Pacific is the fastest growing market and is expected to remain so in the aforementioned forecast period. Easy approval for medical robots in countries like Japan, increasing cases of cancer are the reasons attributable to the above mentioned trend.

Medical Robots Market: Key Players
Lion Laboratories Limited, Drδgerwerk AG & Co. KGaA, Intoximeters, Inc. are the major players in the market. Other players in the market include Andatech Private Limited, Lifeloc Technologies, Inc., BACtrack, Alere, Inc., Quest Products, Inc., and C4 Development Ltd.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit,

Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
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