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Medical Robotic Systems Market - New Market Research Report Published by Transparency Market Research
Date:4/20/2013

Albany, NY (PRWEB) April 20, 2013

The surgical robots segment is expected to enjoy the largest revenue share in the given period of forecast.The major markets analyzed in the report are surgical robots, non-invasive radiosurgery robotic systems, robotic prosthetics and exoskeletons, assistive and rehabilitation robots, non-medical robotics in hospitals and emergency response robotic systems. All these segments hold high growth potential in the global market.

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The global market for medical robotic systems is driven by factors such as technological advancement in the automation of the healthcare industry, increase in elderly population and high prevalence of motion-restricting medical conditions. On the other hand, the high cost of medical robots is at present a prime factor which is holding back their demand, especially in the developing markets.

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Surgical robots form the largest segment which was worth USD 3.77 billion in 2011 and is expected to reach USD 8.47 billion in 2018, growing at a CAGR of 11.5% from 2012 to 2018. Prime surgical robots such as the da Vinci robotic system are pioneers in this market segment. However, the high cost of this system and introduction of cheaper robotic laparoscopy surgery solutions such as Telelap ALF-X system may turn out to be a major competition for this segment in the future.

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