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Saudi Arabia Robotic Wheelchair Market Study: Size, Share, Growth, Analysis and Demand Forecast upto 2025
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Robotic Wheelchair Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2025” under Consumer Goods category. The Robotic Wheelchair Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
The country research report on Saudi Arabia Robotic Wheelchair Market is a customer intelligence and competitive study of the Saudi Arabia market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Saudi Arabia market. Also, factors that are driving and restraining the robotic wheelchair market are highlighted in the study. This is an in-depth business intelligence report based on qualitative and quantitative parameters of the market. Additionally, this report provides readers with market insights and detailed analysis of market segments to possible micro levels. The companies and dealers/distributors profiled in the report include manufacturers & suppliers of robotic wheelchair market in Saudi Arabia.
Request a free sample copy of Robotic Wheelchair Market Report @ http://www.marketreportsonsaudiarabia.com/marketreports/sample/reports/2035155
Segments Covered The report on Saudi Arabia robotic wheelchair market provides a detailed analysis of segments in the market based on drive type, application, and distribution channel.
Segmentation Based on Drive Type
Rear Wheel Drive Robotic Wheelchairs
Front Wheel Drive Robotic Wheelchairs
Mid-wheel Drive Robotic Wheelchairs
Segmentation Based on Application
Residential
Commercial
Segmentation Based on Distribution Channel
Online Channel
Retailers
Highlights of the Report The report provides detailed insights into: 1) Demand and supply conditions of robotic wheelchair market 2) Factor affecting the robotic wheelchair market in the short run and the long run 3) The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, and technological factors 4) Key trends and future prospects 5) Leading companies operating in robotic wheelchair market and their competitive position in Saudi Arabia 6) The dealers/distributors profiles provide basic information of top 10 dealers & distributors operating in (Saudi Arabia) robotic wheelchair market 7)The product types 8) Market estimates up to 2025
The report answers questions such as: 1) What is the market size of robotic wheelchair market in Saudi Arabia? 2) What are the factors that affect the growth in robotic wheelchair market over the forecast period? 3) What is the competitive position in Saudi Arabia robotic wheelchair market? 4) What are the opportunities in Saudi Arabia robotic wheelchair market? 5) What are the modes of entering Saudi Arabia robotic wheelchair market?
Browse our full report with Table of Contents: http://www.marketreportsonsaudiarabia.com/marketreports/saudi-arabia-robotic-wheelchair-market-prospects-trends-analysis-market-size-and-forecasts-up-to-2025/2035155 About Us Market Reports on Saudi Arabia provides you with an in-depth industry reports focusing on various economic, political and operational risk environment, complemented by detailed sector analysis. We have an exhaustive coverage on variety of industries – ranging from energy and chemicals to transportation, communications, constructions and mining to Food and Beverage and education. Our collection includes over 2000 up-to-date reports all researched, analyses and published by top-notch international research firms.
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Autostereoscopic 3D Display Devices Market Key Companies, Revenue Share Analysis, 2020–2027
The latest report by Reports and Data, titled ‘Global Autostereoscopic 3D Display Devices Market,’ represents the global Autostereoscopic 3D Display Devices industry in a systematic manner, focusing primarily on its core mechanism and growth-influencing factors. The Autostereoscopic 3D Display Devices industry report expounds on the key aspects of industry and provides the reader with precise market projections based on historical, current, and future contexts. The report lays stress on the major market dynamics including growth drivers, restraints, opportunities, threats, challenges, and several micro-economic and macro-economic factors. One of the key objectives of this report is to evaluate the Autostereoscopic 3D Display Devices industry worth over the forecast period. Going ahead, the report explains the potential market scenario over the next few years and offers information on the emerging industry trends, industry annual sales, sales statistics, and industry growth rate. Hence, the report is a valuable source of information on the Autostereoscopic 3D Display Devices market and emphasizes the intensely competitive situation of the market. Moreover, the report draws readers’ focus on the key business growth strategies implemented by each market player to build on their market presence.
To get a sample copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/899
Global FMCG Market Overview:
The FMCG (fast-moving consumer goods) industry is one of the world’s largest contributors to economic growth. FMCG, also referred to as consumer packaged goods (CPG), mainly comprises food & beverages, household and personal care products, pet food/pet care products, and clothing and apparel. The global FMCG industry is known for its highly competitive environment and some of the leading players include Procter & Gamble (P&G), Nestlé, PepsiCo, Unilever, and The Coca-Cola Company. These companies engage in various initiatives for product innovation and are always focused on catering to evolving consumer demands.
The global FMCG industry has gained significant traction over the past decades, owing to surging global population, fast-paced globalization, rising demand for food, especially processed and packaged foods, and shifts in consumer preferences. Increasing adoption of sustainable product packaging and labeling solutions, rising customer demand for longer-lasting products, rapid adoption of advanced technologies such as the IoT (Internet of Things), robotics, and 3D printing in manufacturing, and increasing spending on the development of FMCG logistics infrastructure have further driven the growth of this industry. Moroever, increasing consumer inclination towards healthier food products and growing acceptance of organic food ingredients boost the global FMCG market revenue growth.
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Global Autostereoscopic 3D Display Devices Market Segmentation on the Basis of Region:
§ North America
o U.S.
o Canada
§ Latin America
o Brazil
o Argentina
o Peru
o Mexico
§ Asia Pacific
o India
o China
o Japan
o Australia
o Rest of APAC
§ Europe
o U.K.
o Germany
o France
o Italy
o Spain
§ Middle East & Africa
o Saudi Arabia
o South Africa
o U.A.E
o Rest of MEA
Top Companies Profiled in the Report:
· Alioscopy
· Evistek
· Kangde Xin
· Leyard
· Inlife-Handnet
· Stream TV Networks
· TCL Corporation
· Exceptional 3D
· YUAN CHANG VISION
· Realcel Electronic
· Vision Display
· Seefeld
Market segment based on Product:
Parallax Barrier
Integral Photography and Lenticular Arrays
Compressive Light Field Displays
Autostereoscopic Content Creation and Conversion
Others
Market segment based on Application:
TV
Smartphones
Monitor
Mobile Computing Devices
Movie Projectors
Others
To know more about the report @ https://www.reportsanddata.com/report-detail/autostereoscopic-3d-display-devices-market
Global Autostereoscopic 3D Display Devices Market - Table of contents:
· Chapter 1: The latest report offers an all-inclusive industry overview and introduces readers to the fundamental aspects of the market.
· Chapter 2: In this section, the report includes information on the key product offerings, leading manufacturers and suppliers, industry sales and revenues, trends and opportunities, and a host of market growth drivers and risks.
· Chapter 3: Under this section, the authors have segmented of the Autostereoscopic 3D Display Devices market on the basis of geography. They have further assessed the sales, revenue growth, and market size of each regional market over the forecast years.
· Chapter 4: The report underlines the competitive environment of the Autostereoscopic 3D Display Devices market and used advanced analytical tools such as SWOT analysis to determine the current market positions of the key competitors. In addition, this section lists down the prudent business growth strategies undertaken by these market players, such as partnerships & collaborations, mergers & acquisitions, joint ventures, new product launches, and government contracts and deals.
· Chapters 5: The final chapter of the report segments the global Autostereoscopic 3D Display Devices market on the basis of product type, application range, technology, end-use, and region.
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Thank you for reading our report. For further details on the report or its customization, please connect with us. Our team will ensure the report is equipped with crucial information and well-suited to your needs.
Browse Related Reports –
1. Electric Wheelchair Market
2. EFEM & Sorters Market
3. Lighting Control Market
4. Personal Care Appliances Market
5. Security Inspection Market
Read Our Blog @ https://reportsanddata.com/blog/top-8-food-industry-trends
#Autostereoscopic 3D Display Devices Market#Autostereoscopic 3D Display Devices Market Trends#Autostereoscopic 3D Display Devices Market Size
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Fertility Test Rapid Kit Statistics, Development and Growth 2021-2028
The Fertility Test Rapid Kit market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
Also Read: http://www.marketwatch.com/story/june-2021-report-on-global-fertility-test-rapid-kit-market-overview-size-share-and-trends-2021-2026-2021-06-17
Market segmentation
Fertility Test Rapid Kit market is split by Type and by Application. For the period 2016-2026, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type, covers
Urine
Blood
Other
Market segment by Application can be divided into
Female
Male
Also Read: http://www.marketwatch.com/story/global-single-user-kvm-switches-market-outlook-industry-analysis-and-prospect-2021-2026-2021-05-11
The key market players for global Fertility Test Rapid Kit market are listed below:
Clearblue
First Response
Prestige Brands
RunBio
Wondfo
Easy@Home
BlueCross
Fairhaven Health
Clinical Guard
PRIMA Lab
Cyclotest
Visiomed
Lobeck Medical
Market segment by Region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Also Read: http://www.marketwatch.com/story/global-robotic-wheelchair-market-statistics-cagr-outlook-and-covid-19-impact-2021---2023-2021-05-19
The content of the study subjects, includes a total of 14 chapters:
Chapter 1, to describe Fertility Test Rapid Kit product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Fertility Test Rapid Kit, with price, sales, revenue and global market share of Fertility Test Rapid Kit from 2019 to 2021.
Chapter 3, the Fertility Test Rapid Kit competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fertility Test Rapid Kit breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2016 to 2026.
Chapter 5 and 6, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2016 to 2026.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2016 to 2021.and Fertility Test Rapid Kit market forecast, by regions, type and application, with sales and revenue, from 2021 to 2026.
Chapter 12, 13 and 14, to describe Fertility Test Rapid Kit sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Also Read: http://www.marketwatch.com/story/global-pvc-stabilizer-global-market-size-share-value-and-competitive-landscape-2021---2026-2021-05-05
Table of Contents
1 Market Overview
1.1 Fertility Test Rapid Kit Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Fertility Test Rapid Kit Revenue by Type: 2019 Versus 2021 Versus 2026
1.2.2 Urine
1.2.3 Blood
1.2.4 Other
1.3 Market Analysis by Application
1.3.1 Overview: Global Fertility Test Rapid Kit Revenue by Application: 2019 Versus 2021 Versus 2026
1.3.2 Female
1.3.3 Male
1.4 Global Fertility Test Rapid Kit Market Size & Forecast
1.4.1 Global Fertility Test Rapid Kit Sales in Value (2016-2026))
1.4.2 Global Fertility Test Rapid Kit Sales in Volume (2016-2026)
1.4.3 Global Fertility Test Rapid Kit Price by Type (2016-2026) & (US$/Unit)
1.5 Global Fertility Test Rapid Kit Production Capacity Analysis
1.5.1 Global Fertility Test Rapid Kit Total Production Capacity (2016-2026)
1.5.2 Global Fertility Test Rapid Kit Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Fertility Test Rapid Kit Market Drivers
1.6.2 Fertility Test Rapid Kit Market Restraints
1.6.3 Fertility Test Rapid Kit Trends Analysis
2 Manufacturers Profiles
2.1 Clearblue
2.1.1 Clearblue Details
2.1.2 Clearblue Major Business
2.1.3 Clearblue Fertility Test Rapid Kit Product and Services
2.1.4 Clearblue Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.2 First Response
2.2.1 First Response Details
2.2.2 First Response Major Business
2.2.3 First Response Fertility Test Rapid Kit Product and Services
2.2.4 First Response Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.3 Prestige Brands
2.3.1 Prestige Brands Details
2.3.2 Prestige Brands Major Business
2.3.3 Prestige Brands Fertility Test Rapid Kit Product and Services
2.3.4 Prestige Brands Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.4 RunBio
2.4.1 RunBio Details
2.4.2 RunBio Major Business
2.4.3 RunBio Fertility Test Rapid Kit Product and Services
2.4.4 RunBio Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.5 Wondfo
2.5.1 Wondfo Details
2.5.2 Wondfo Major Business
2.5.3 Wondfo Fertility Test Rapid Kit Product and Services
2.5.4 Wondfo Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.6 Easy@Home
2.6.1 Easy@Home Details
2.6.2 Easy@Home Major Business
2.6.3 Easy@Home Fertility Test Rapid Kit Product and Services
2.6.4 Easy@Home Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
Also Read: http://www.marketwatch.com/story/global-polyglycerol-fatty-acid-esters-market-insights-overview-analysis-and-forecast-2015-2026-2021-05-13
2.7 BlueCross
2.7.1 BlueCross Details
2.7.2 BlueCross Major Business
2.7.3 BlueCross Fertility Test Rapid Kit Product and Services
2.7.4 BlueCross Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.8 Fairhaven Health
2.8.1 Fairhaven Health Details
2.8.2 Fairhaven Health Major Business
2.8.3 Fairhaven Health Fertility Test Rapid Kit Product and Services
2.8.4 Fairhaven Health Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.9 Clinical Guard
2.9.1 Clinical Guard Details
2.9.2 Clinical Guard Major Business
2.9.3 Clinical Guard Fertility Test Rapid Kit Product and Services
2.9.4 Clinical Guard Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.10 PRIMA Lab
2.10.1 PRIMA Lab Details
2.10.2 PRIMA Lab Major Business
2.10.3 PRIMA Lab Fertility Test Rapid Kit Product and Services
2.10.4 PRIMA Lab Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.11 Cyclotest
2.11.1 Cyclotest Details
2.11.2 Cyclotest Major Business
2.11.3 Cyclotest Fertility Test Rapid Kit Product and Services
2.11.4 Cyclotest Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.12 Visiomed
2.12.1 Visiomed Details
2.12.2 Visiomed Major Business
2.12.3 Visiomed Fertility Test Rapid Kit Product and Services
2.12.4 Visiomed Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
2.13 Lobeck Medical
2.13.1 Lobeck Medical Details
2.13.2 Lobeck Medical Major Business
2.13.3 Lobeck Medical Fertility Test Rapid Kit Product and Services
2.13.4 Lobeck Medical Fertility Test Rapid Kit Sales, Price, Revenue, Gross Margin and Market Share (2019-2021)
3 Fertility Test Rapid Kit Sales by Manufacturer
3.1 Global Fertility Test Rapid Kit Sales in Volume by Manufacturer (2019-2021e)
3.2 Global Fertility Test Rapid Kit Revenue by Manufacturer (2019-2021e)
3.3 Key Manufacturer Market Position in Fertility Test Rapid Kit
3.4 Market Concentration Rate
3.4.1 Top 3 Fertility Test Rapid Kit Manufacturer Market Share
3.4.2 Top 6 Fertility Test Rapid Kit Manufacturer Market Share
3.5 Global Fertility Test Rapid Kit Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and Fertility Test Rapid Kit Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global Fertility Test Rapid Kit Market Size by Region
4.1.1 Global Fertility Test Rapid Kit Sales in Volume by Region (2016-2026)
4.1.2 Global Fertility Test Rapid Kit Revenue by Region (2016-2026)
4.2 North America Fertility Test Rapid Kit Revenue (2016-2026) …continued
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Walking Assist Devices Market Industry Applications, Products and Business Opportunity
Market Analysis and Insights : Walking Assist Devices Market
Walking Assist Devices Market By Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walkers, Wheelchairs, Power Scooters), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Global walking assist devices market is expected to rise to an estimated value of USD 8.35 billion by 2026 registering a steady CAGR in the forecast period of 2019-2026. This rise in the market can be attributed to the rising ageing population and the growing initiatives taken by government to ensure availability of walking assist devices.
Market Definition: Global Walking Assist Devices Market
Walking assist devices are mechanical devices that aid the patient by providing balance, assistance, strength and endurance to walk independently. It consists of rehabilitative, adaptive assistive devices for those who are physically disabled, allowing them to perform those tasks independently in which they previously needed help and assistance.
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Competitive Analysis: Global Walking Assist Devices Market
Global walking assist devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of walking assist devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers
The rising prevalence of debilitating neurological diseases, rheumatoid arthritis, and osteoarthritis increases the demand for walking assist devices
Rising demand for rehabilitation equipment prior performing surgeries
Increase in the healthcare expenditure drives the demand for this market
Technological improvements and innovations in walking assist devices would act as a catalyst to the growth of this market.
Market Restraints
Mobility issues/complications associated with the operations of these devices is expected to hinder the growth potential
High cost of walking assists devices restrains the growth of this market
Segmentation: Global Walking Assist Devices Market
By Product Type
Quad Canes
Folding Canes
Standard Walkers
Rolling Walkers/Rollators
Hemi Walkers
Front Wheel Drive
Center Wheel Drive
Rear Wheel Drive
Standing Power Wheelchairs
Boot Scooters
Road Scooters
Pavement Scooters
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By Geography
U.S.
Canada
Mexico
Brazil
Argentina
Rest of South America
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
Key Developments in the Market:
In January 2019, Honda Motors is set to launch a new and innovative walk assist device designed in collaboration with Ohio State University after it announced that they are conducting Phase II randomized controlled trials for the device. The product designed for those individuals who are suffering with Parkinson’s disease. Honda’s walk assist device will help those who have gait and balance issues. With this launch, it would revolutionize the walk assist market globally, by expanding its use and application.
In April 2017, Toyota introduced a new robotic walk assist leg brace, Welwalk WW-1000, which would help those who are suffering with partial paralysis. It is placed on the affected leg, assisting the patients to walk. This smart robotic leg brace has an in-built sensor that knows exactly the level of support that the patients require at that point of time. This technological advanced device paves the way for a brighter future for walking assist devices.
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Key Market Competitors: Global Walking Assist Devices Market
Few of the major market competitors currently working in the global walking assist devices market are AlterG, Inc., Invacare Corporation, Permobil, Ossenberg GmbH, Electric Mobility Euro Ltd., Comfort, Levo AG Wohlen, GF HEALTH PRODUCTS, INC., Pride Mobility Products Corp., Ottobock, Honda Motor Co., Ltd., Sunrise Medical (US) LLC, C.T.M. HOMECARE PRODUCT, Inc., Medical Depot, Inc., MEYRA-ORTOPEDIA Vertriebsgesellschaft mbH, TAITRA, Karma Medical Products Co., LTD., Care Ltd., Besco Medical, Briggs Healthcare, NOVA Medical Products and Performance Health amongst others.
Research Methodology: Global Walking Assist Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
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The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technical Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
Current and future of global walking assist devices market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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Medical Robotic Systems Market to Undertake Strapping Growth by the End 2025
Transparency Market Research (TMR) has published a new report titled, “Medial Robotic Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. According to the report, the global medical robotic systems market was valued at US$ 6,458.0 Mn in 2017 and is projected to expand at a CAGR of 18.9% from 2018 to 2026. Increase in adoption and demand for surgical robots and rise in the number of products receiving regulatory approval are expected to boost the global medical robotic systems market from 2018 to 2026. The U.S. is anticipated to dominate the global market during the forecast period owing to early availability of novel medical technologies, developed health care infrastructure, increase in adoption of advanced products, and surge in strategic acquisitions to expand product portfolio. For instance, in April 2016, Auris Medical acquired Hansen Medical.
Hansen specialize in intravascular robotic catheter systems and offers Sensei Robotic Catheter System and Magellan Robotic System. The market in China and India is expected to grow at a high CAGR during the forecast period. Expansion of the market is attributed to rise in incidence rate of chronic diseases, increase in geriatric population, and surge in demand for minimally invasive surgeries. Rise in adoption of technologically advanced products manufactured by key manufacturers such as Intuitive Surgical, Inc. and increase in number of local players in China are likely to drive the global medical robotic systems market.
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Rise in Demand for Minimally Invasive Surgery to Drive the Market
Medical robotic systems are widely used for minimal invasive surgeries in the field of gynecology, cosmetology, open surgeries, laparoscopic procedures, and flexible endoscopic procedures. Surgeons have rapidly adopted minimally invasive surgical (MIS) techniques for a wide range of applications such as cholecystectomy, appendectomy, gastric bypass, ventral hernia repair, colectomy, prostatectomy, tubal ligation, hysterectomy, and myomectomy. The number of laparoscopic hysterectomy cases is projected to increase during the forecast period. Around 96% of cholecystectomy is done laparoscopically.
Surgical Robots Segment Dominates the Market
The report offers detailed segmentation of the global medical robotic systems market based on product type. In terms of product type, the surgical robots segment is projected to account for the largest share of the global market during the forecast period. Technological advancements, new product launches, and increase in purchasing power of hospitals and other health care settings are anticipated to propel the surgical robots segment during the forecast period. In October 2017, TransEnterix, Inc. received FDA 510(k) clearance for the Senhance Surgical Robotic System, a multi-port robotic system for robotic surgery that provides surgeons with technology such as haptic feedback and eye sensing camera control.
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Significant Incremental Opportunity in the U.S.
Based on countries and sub-region, the market is categorized into U.S., Germany, U.K., France, Italy, Spain, Russia, Sweden, Netherlands, China, India, Australia, Singapore, Brazil, Saudi Arabia, South Africa and Rest of the World. In terms of revenue, the U.S. is likely to continue to dominate the global medical robotic systems market during the forecast period, owing to early adoption of technologies such as the da Vinci Surgical System and rise in aging population. The country is projected to be the most attractive market for medial robotic systems devices, with high attractiveness index. The market in the U.S is expected to expand at a CAGR of 18.4% during the forecast period. Increase in adoption of robotic systems by hospitals, technological advancements, rise in research & development of robotic systems for new applications, and surge in demand for rapid and safe minimally invasive surgery procedures drive the medial robotic systems market in U.S.
Highly Consolidated Market, with Key Players Accounting for Over 60.0% Share
The report also provides profiles of leading players operating in the global medical robotic systems market. Intuitive Surgical, Inc., Accuray Incorporated, and Stryker are the major players operating in the market. These players offer products with proprietary technologies, for example, Intuitive Surgical, Inc. offers da Vinci Surgical System and Accuray Incorporated offers CyberKnife. Other key player operating in the market include TransEnterix Surgical, Inc., Stereotaxis Inc., ReWalk Robotics, Titan Medical Inc., Medtech SA, Hansen Medical Inc. and Aethon.
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