Markntel Advisors’ report, Asia-Pacific Medical Robots Market Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Asia-Pacific Medical Robots Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Asia-Pacific Medical Robots Market Market Research Report & Market Summary:
TheAsia-Pacific Medical Robots Market size was valued at USD 4.12 billion in 2023 & is projected to reach USD 12.05 billion by 2030. The market is also estimated to grow at a CAGR of around 17.20% during the forecast period, i.e., 2024-30. The fast-growing geriatric population across countries, such as India, Japan, etc., has contributed to the market growth. According to the United Nations, the number of elderly population is supposed to increase from around 630 million in 2020 to about 1.3 billion by 2050 in the Asia-Pacific region.
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Asia-Pacific Medical Robots Market Market Dynamics:
Key Driver-
Increasing Instances of Medical Error – In recent years, Asia-Pacific countries such as India, Australia, etc., have been experiencing a surge in several deaths related to medical errors. Human error in medical procedures related to diagnosis, medicine prescription, or surgeries has been accelerating the instances of harmed patients. This growing need to cater to the increasing number of patients and reduce medical error injuries has been contributing to the growing adoption of medical robots for these purposes.
Also, the cases of patients with chronic diseases, accidents, etc., have been accelerating in the region, which requires medical care. The increasing number of patients also requires an increment in healthcare professions, which has been lacking across the region. Consequently, this has been further exacerbating the instances of medical errors, and healthcare professionals have to look after several cases in a day. This is further expected to accelerate the demand for medical robots across the regional market.
Asia-Pacific Medical Robots Market Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Product Type
- Surgical Robots- Market Size & Forecast 2019-2030, USD Million
- Orthopedics- Market Size & Forecast 2019-2030, USD Million
- Neurology- Market Size & Forecast 2019-2030, USD Million
- Urology- Market Size & Forecast 2019-2030, USD Million
- Gynecology- Market Size & Forecast 2019-2030, USD Million
- Others (Cardiology, Dental, etc.)- Market Size & Forecast 2019-2030, USD Million
- Rehabilitation Robots- Market Size & Forecast 2019-2030, USD Million
- Therapeutic- Market Size & Forecast 2019-2030, USD Million
- Assistive- Market Size & Forecast 2019-2030, USD Million
- Prosthetic- Market Size & Forecast 2019-2030, USD Million
- Orthotic- Market Size & Forecast 2019-2030, USD Million
- Exoskeleton- Market Size & Forecast 2019-2030, USD Million
- Hospital & Pharma Robots- Market Size & Forecast 2019-2030, USD Million
- Traditional Robots- Market Size & Forecast 2019-2030, USD Million
- Collaborative Robots- Market Size & Forecast 2019-2030, USD Million
- Telepresence Robots- Market Size & Forecast 2019-2030, USD Million
- Others (Medical Transportation Robots, Cleaning Robots, etc.)- Market Size & Forecast 2019-2030, USD Million
Surgical Robots segments have been gaining substantial market share, owing to their extensive applications in several diseases like CVD, and cancer, among others. Also, the instances of chronic diseases like osteoarthritis are growing across the APAC countries.
By End User
- Hospitals & Clinics- Market Size & Forecast 2019-2030, USD Million
- Rehabilitation Centers- Market Size & Forecast 2019-2030, USD Million
- Ambulatory Surgical Centers- Market Size & Forecast 2019-2030, USD Million
- Others (Pharmacies, Nursing Homes, etc.) Market Size & Forecast 2019-2030, USD Million)
By Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific.
The India Medical Robots Market has shown amazing growth, including the dominance of the market. This dominance has been attributed to the large geriatric population of the country.
As indicated in the latest market research report published by Markntel Advisors, “Asia-Pacific Medical Robots Market Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Asia-Pacific Medical Robots Market industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/asia-pacific-medical-robots-market.html
Top Companies Operating in the Asia-Pacific Medical Robots Market Market:
- Intuitive Surgical Operations, Inc.
- Medtronic plc
- Siemens Healthneers
- Stryker
- Accuray Incorporated
- Aethon, Inc.
- Asensus Surgical
- Johnson & Johnson Services, Inc.
- Bionik Labs
- Globus Medical
- Trivitron Healthcare
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Asia-Pacific Medical Robots Market Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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