Medical robot

Surgical Robots Market Worth $6.7 Billion in 2020; Projected to Reach $11.8 Billion by 2025 with Intuitive Surgical and Stryker Dominating the Competition

Retrieved on: 
Thursday, March 19, 2020

Growth in the surgical robots market can be attributed to factors such as technological advancements, advantages of robotic-assisted surgery, increasing adoption of surgical robots & increased funding for medical robot research.

Key Points: 
  • Growth in the surgical robots market can be attributed to factors such as technological advancements, advantages of robotic-assisted surgery, increasing adoption of surgical robots & increased funding for medical robot research.
  • Based on components, the surgical robots market has been segmented into systems, instruments & accessories and services.
  • Based on applications, the surgical robots market is segmented into gynecological surgery, urological surgery, neurosurgery, orthopedic surgery, general surgery, and other applications.
  • Geographically, the surgical robots market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World.

The global surgical robots market is projected to reach 11.8 billion by 2025 from USD 6.7 billion in 2020 at a CAGR of 12.1%

Retrieved on: 
Friday, March 13, 2020

The surgical robots market is projected to grow at a CAGR of 12.1% during the forecast period.

Key Points: 
  • The surgical robots market is projected to grow at a CAGR of 12.1% during the forecast period.
  • The global surgical robots market is projected to reach 11.8 billion by 2025 from USD 6.7 billion in 2020 at a CAGR of 12.1%.
  • Growth in the surgical robots market can be attributed to factors such as technological advancements, advantages of robotic-assisted surgery, increasing adoption of surgical robots & increased funding for medical robot research.
  • However, the high cost of robotic instruments and shortage of trained professionals may prove to be restraints for the market.

KUKA Lauded with Frost & Sullivan's Company of the Year Award for Demonstrating Excellence in Growth, Innovation, and Leadership in the Medical Robotics Business

Retrieved on: 
Thursday, March 12, 2020

As the first robotic component certified for medical product integration worldwide, the LBR Med is strategically positioned to dominate the medical robotics market.

Key Points: 
  • As the first robotic component certified for medical product integration worldwide, the LBR Med is strategically positioned to dominate the medical robotics market.
  • The company's strong reputation in the industrial sector drives its brand in the medical robotics sector.
  • KUKA operates in over 40 countries globally, employs 14,000 employees, and has nearly two decades of experience in medical applications with almost 2,000 systems integrated.
  • This enables KUKA to address the full range of medical applications, including patient positioning (BEC, Optivus, Accuray), imaging (Siemens), and cancer treatment (Accuray)."

KUKA Lauded with Frost & Sullivan's Company of the Year Award for Demonstrating Excellence in Growth, Innovation, and Leadership in the Medical Robotics Business

Retrieved on: 
Thursday, March 12, 2020

As the first robotic component certified for medical product integration worldwide, the LBR Med is strategically positioned to dominate the medical robotics market.

Key Points: 
  • As the first robotic component certified for medical product integration worldwide, the LBR Med is strategically positioned to dominate the medical robotics market.
  • The company's strong reputation in the industrial sector drives its brand in the medical robotics sector.
  • KUKA operates in over 40 countries globally, employs 14,000 employees, and has nearly two decades of experience in medical applications with almost 2,000 systems integrated.
  • This enables KUKA to address the full range of medical applications, including patient positioning (BEC, Optivus, Accuray), imaging (Siemens), and cancer treatment (Accuray)."

Surgical Robots Market Worth $11.8 Billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 5, 2020

The technological advancements in surgical robots, the increasing adoption of surgical robots, the various advantages of robotic-assisted surgery, and the increase in funding for medical robot research are the key drivers of the Surgical Robots Market.

Key Points: 
  • The technological advancements in surgical robots, the increasing adoption of surgical robots, the various advantages of robotic-assisted surgery, and the increase in funding for medical robot research are the key drivers of the Surgical Robots Market.
  • Increasing penetration of surgical robots in ASCs and emerging markets are also supporting the growth of this market.
  • Instruments & accessories are estimated to account for the largest share of the market, by product & service, in 2020
    The Surgical Robots Market is segmented based on product & service into robotic systems, instruments & accessories, and services.
  • The major players operating in the Surgical Robots Market include Intuitive Surgical (US), Stryker (US), and Medtronic (Ireland).

Surgical Robots Market Worth $11.8 Billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 5, 2020

The technological advancements in surgical robots, the increasing adoption of surgical robots, the various advantages of robotic-assisted surgery, and the increase in funding for medical robot research are the key drivers of the Surgical Robots Market.

Key Points: 
  • The technological advancements in surgical robots, the increasing adoption of surgical robots, the various advantages of robotic-assisted surgery, and the increase in funding for medical robot research are the key drivers of the Surgical Robots Market.
  • Increasing penetration of surgical robots in ASCs and emerging markets are also supporting the growth of this market.
  • Instruments & accessories are estimated to account for the largest share of the market, by product & service, in 2020
    The Surgical Robots Market is segmented based on product & service into robotic systems, instruments & accessories, and services.
  • The major players operating in the Surgical Robots Market include Intuitive Surgical (US), Stryker (US), and Medtronic (Ireland).

China Buys Danish Robots to Fight Coronavirus

Retrieved on: 
Wednesday, February 19, 2020

Self-driving Danish disinfection robots are now shipping to a number of hospitals in China to help fight the coronavirus, also called COVID-19.

Key Points: 
  • Self-driving Danish disinfection robots are now shipping to a number of hospitals in China to help fight the coronavirus, also called COVID-19.
  • This happened after Sunay Healthcare Supply today signed an agreement with the Danish company UVD Robots .
  • The first robots shipped this week and in the following weeks, many more robots will be shipped via air to be deployed in the fight against the coronavirus.
  • The reseller agreement grants Sunay Healthcare Supply exclusive rights to supply the UVD robots (visible in background) in China.

AVRA Medical Robotics Clears Debt

Retrieved on: 
Monday, February 3, 2020

AVRA Medical Robotics, Inc., (OTCQB: AVMR) is empowering doctors and the practice of surgery through the use of software and artificial intelligence.

Key Points: 
  • AVRA Medical Robotics, Inc., (OTCQB: AVMR) is empowering doctors and the practice of surgery through the use of software and artificial intelligence.
  • AVRA, with a research agreement in place with the University of Central Florida known for its advances in robotics and guidance systems, is developing a fully autonomous surgical robotic system that robotizes a wide range of surgical procedures currently being performed by human hands using surgical and non-surgical devices and instruments.
  • AVRA is concentrating its research and development efforts to meet rising expectations of patients and practitioners alike for the precision, efficiencies and safety offered by robotics, artificial intelligence and proprietary software when combined with proven medical devices and surgical instruments.
  • AVRAs current focus is developing a treatment-independent precision guidance system, applicable to a variety of minimally and non-invasive procedures, to leverage the growing demand for practical medical robotic devices, with an initial focus on skin resurfacing aesthetic procedures.

AVRA Medical Robotics Attends J.P. Morgan Healthcare Conference

Retrieved on: 
Friday, January 17, 2020

AVRA Medical Robotics, Inc., (OTCQB: AVMR) is empowering doctors and the practice of surgery through the use of software and artificial intelligence.

Key Points: 
  • AVRA Medical Robotics, Inc., (OTCQB: AVMR) is empowering doctors and the practice of surgery through the use of software and artificial intelligence.
  • AVRA, with a research agreement in place with the University of Central Florida known for its advances in robotics and guidance systems, is developing a fully autonomous surgical robotic system that robotizes a wide range of surgical procedures currently being performed by human hands using surgical and non-surgical devices and instruments.
  • AVRA is concentrating its research and development efforts to meet rising expectations of patients and practitioners alike for the precision, efficiencies and safety offered by robotics, artificial intelligence and proprietary software when combined with proven medical devices and surgical instruments.
  • The annual J.P. Morgan Healthcare Conference is known to be the largest and most informative healthcare investment symposium in the industry, bringing together industry leaders, emerging fast-growth companies, innovative technology creators, and members of the investment community.

Medical Robotics Global Market - Forecast to 2026

Retrieved on: 
Thursday, January 9, 2020

According to the analysis, the medical robotics global market is expected to grow at double digit CAGR from 2019 to 2026 to reach $13,899.4 million by 2026.

Key Points: 
  • According to the analysis, the medical robotics global market is expected to grow at double digit CAGR from 2019 to 2026 to reach $13,899.4 million by 2026.
  • The medical robotics market by product is segmented as surgical robotics, rehabilitation robotics, and hospital & pharmacy robotics.
  • Rehabilitation robotics global market by product type is segmented into Assistive (Cognitive) Robots, Exoskeleton Robots and prosthetic robots.
  • The medical robotics global market is a highly consolidated market hence all the existing players in this market are involved in developing new and advanced therapeutics to maintain their market shares.