seobhushan (26)

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Medical Robots Market is projected to reach CAGR
17.5 by 2027
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Key Insights from Medical Robots Market

• The medical robots market is predicted to grow
  significantly in the coming years, on account of
  the rising investment by governments across the
  globe to strengthen medical infrastructure. As
  per the Center for Medicare Medicaid Services,
  the U.S. healthcare expenditure was recorded at
  US3.8 trillion in 2019.
• The medical robots market share from the
  cardiology application segment was over US843
  million in 2020. The growth is majorly attributed
  to the high percentage of patients with chronic
  heart disease. For instance, as per the WHO,
  chronic disease accounts for nearly 4 in 5 deaths
  in developing countries. On the other hand,
  according to the American Heart Association
  (AHA), around half the population of U.S. adults
  are affected by cardiovascular disorders.
• The hospital end-user segment held the largest
  market share of over 67 of the medical robots
  market in 2020. Patients with severe illness
  highly prefer treatment in hospitals due to the
  presence of advanced medical support. Facilities
  including highly skilled medical professionals,
  sophisticated equipment, testing laboratories,
  and others ensure effective treatment even in
  complex medical procedures. Additionally, the
  high budget of hospitals allows them to acquire
  modern medical robots.

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Regional Insights in Medical Robots Market

• Japan medical robots market held more than 50
  share in Asia Pacific during 2020. Increasing
  penetration and deployment of healthcare robots
  across hospitals in the country, backed by
  progressive government policies emphasizing on
  RD in the field of healthcare robots is a major
  factor driving industry growth.
• For example, researchers and experts in Japan in
  February 2021 developed a robot prototype Ri-man,
  which assist nurses to lift patients from their
  bed. Rising geriatric population and the growing
  awareness about robotic surgeries, along with
  better medical coverage plan is likely to further
  complement the high adoption of medical robots in
  the country.

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https//www.gminsights.com/industry-analysis/medic
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Major Companies in Medical Robots Market

• Stryker Corporation
• Smith Nephew
• Medtronic
• Zimmer Biomet
• ACCURAY
• Intuitive Surgical
• Johnson Johnson

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Industry Coverage

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