Market Overview
According to the MarkNtel Advisors research report, “Global Healthcare Robotics Market Analysis, 2021,” the market is likely to grow at a CAGR of around 16.5% in the forecast years of 2021-26. Robots are effective & efficient in reducing risks for patients & medical personnel, disinfecting patient rooms & operating suites, working in laboratories & transporting, analyzing & store samples. Hence, the requirements are increasing the demand and propelling the overall growth of the market globally.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR | 16.5% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain, Russia | |
| Asia-Pacific: China, India, Japan, South Korea, Australia and Others | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa | |
| Key Companies Profiled | Intuitive Surgical, Inc., Accuray Incorporated, Stryker Corporation, Medtronic plc, Omnicell, Inc., Zimmer Biomet, Hocoma AG, Smith & Nephew plc, Cyberdyne, Inc., ReWalk Robotics Ltd., CMR Surgical Ltd., Renishaw plc, Stereotaxis, Inc., Think Surgical, Inc., Ascensus Surgical, Inc. |
| Unit Denominations | USD Million/Billion |
Impact of COVID-19
With the outbreak of the Covid-19 pandemic, there has been an abundant number of threats to surgeons where numerous surgical societies have issued safety guidelines in the procedures during the current pandemic scenario. For lessening the pathogen spread of the virus efficiently, healthcare robots are likely to integrate at several segments of the order, which each surgical patient crosses during a hospital stay. Such applications and pandemics are driving the demand and making a positive impact on the market.
