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  • Increasing inclination of patients and healthcare professionals towards minimally invasive surgeries is predicted to drive the medical robotics market. Southern Europe & Middle East
  • The rapid adoption of technologically advanced equipment in the medical field has led to a high demand for medical robotic systems

WILMINGTON, Del., December 20, 2022 /PRNewswire/ — It medical robotics market in Southern Europe & Middle East is predicted to increase CAGR: 11.5% from 2021 to 2031, according to a market outlook presented in the Transparency Market Research Report (TMR:)

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Key findings

  • Surgical robots are increasingly being adopted in healthcare to improve the outcomes of open surgical procedures and overcome limitations in minimally invasive surgery. Robotic surgeries offer advantages such as a lower risk of infection, fewer side effects, faster recovery, and shorter hospital stays. Moreover, these surgical interventions are less painful. Thus, medical facilities and centers are increasingly adopting these surgical procedures in place of standard surgical procedures and treatments. The use of surgical robotic systems is increasing in surgical procedures such as urology, neurosurgery, orthopedics, gynecology, obstetrics, and general surgery. This is expected to present significant opportunities in the market during the forecast period.
  • In the past few years, the use of 3D ultrasound and magnetic resonance imaging has increased. These technological breakthroughs are gaining popularity due to their ability to offer real-time imaging, which is essential for effective procedure planning and easy future reference. Increasing adoption of highly sophisticated technologies to offer improved patient care is likely to increase the demand for medical robotics in the near future. The market is driven by increasing use of technologically advanced equipment by healthcare providers, growing geriatric population, and increasing focus on robotics training for physicians.
  • Researchers are focusing on creating advanced collaborative robots that can work with humans. Most developed and developing countries are increasing investment in medical robotics. Researchers are developing robots that can improve the health and quality of life of people with disabilities. Moreover, in several developed countries, there is a growing need for robots that can serve as social companions for humans. These factors present lucrative opportunities for market players.
  • Spending on advanced health care has increased worldwide. Healthcare organizations are making significant investments in medical robots. These factors are expected to boost the medical robotics market over the forecast period.
  • Telepresence robots are gaining popularity due to their ability to help provide medical care to people in remote locations where doctors are not available. In such places, robots can be useful for the elderly population as they can work as companions and make life easier and more enjoyable. These advancements are likely to lead to market expansion in the near future.

Market of medical robots. growth promoters

  • Increasing number of surgical procedures worldwide is expected to increase the demand for medical robotics
  • The shortage of skilled medical personnel in developed and developing countries creates significant opportunities in the market

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Growth restrictions

  • Medical robotic systems are very expensive. This has led to a tacit adoption of these new devices in underdeveloped and cost-sensitive countries.
  • Lack of favorable reimbursement policies results in less demand for robotic systems
  • The high cost of the robotic system can lead to an increase in the total cost of the surgery. This factor is likely to limit the growth of the market.

Competition landscape

  • Market players have adopted acquisition strategies to gain leadership positions
  • Industry leaders collaborate with scientists to develop cost-effective medical robots
  • Companies invest in R&D activities to incorporate technological advances in robotic systems

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Market of medical robots. key players

  • Asensus Surgical, Inc.
  • Accuray Incorporated
  • Intuitive Surgical, Inc.
  • Avateramedical GmbH
  • KUKA A.G
  • Johnson & Johnson Services, Inc.
  • Renishaw plc
  • Medtronic plc
  • Stryker Corporation
  • Smith+nephew
  • Zimmer Biomet

Medical Robots Market Segmentation

  • Component:
    • Systems
    • Tools and accessories
    • Services and others
  • Application:
    • Gynecological surgery
    • Urological surgery
    • General surgery
    • Orthopedic surgery
    • The others
  • End user
    • hospitals
    • Ambulatory surgical centers

Region:

  • Southern Europe
  • Middle East

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Transparency Market Research, a global market research firm registered Wilmington, Delaware, United States, provides personalized research and consulting services. Our unique blend of quantitative forecasting and trend analysis provides forward-looking insights for thousands of decision makers. Our experienced team of analysts, researchers and consultants use proprietary data sources and various tools and techniques to collect and analyze information.

Our database is continuously updated and reviewed by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, the Transparency market research employs rigorous primary and secondary research methods to develop distinctive data sets and research materials for business reports.

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