NEW YORK, Nov. 25, 2021 /PRNewswire/ — The healthcare robots market is set to grow by USD 5.59 billion between 2020 and 2025, and register a CAGR of 13.99%, according to Technavio’s latest market research report estimates. Some of the major vendors of the healthcare robots market include BlueBotics SA, DF Automation and Robotics Sdn Bhd, Kollmorgen Corp., MIDEA GROUP, Mobile Industrial Robots AS, OMRON Corp., PAL Robotics SL, Panasonic Corp., Savioke Inc., and Stryker Corp. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources.
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Healthcare Robots Market 2021-2025:Drivers & Challenges
The healthcare robots market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The factors such as technological advancements and encouragement and funding provided by governments in developed nations will offer immense growth opportunities. However, factors such as the high cost of robotic systems may threaten the growth of the market.
To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Healthcare Robots Market 2021-2025: Scope
The report also covers the following areas:
Healthcare Robots Market 2021-2025: Segmentation
Healthcare Robots Market 2021-2025:Key Regions & Revenue Generating Segment
55% of the market’s growth will originate from North America. US and Canada are the key markets for healthcare robots in the region. The increasing adoption of surgical robots will facilitate the healthcare robots market growth in North America over the forecast period.
The healthcare robots market share growth by the surgical robots segment has been significant for revenue-generating.
Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the healthcare robots market size.
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Healthcare Robots Market 2021-2025: Key Highlights
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Healthcare Robots Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 13.99% |
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Market growth 2021-2025 |
USD 5.59 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
12.85 |
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Regional analysis |
North America, APAC, Europe, MEA, and South America |
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Performing market contribution |
North America at 55% |
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Key consumer countries |
US, China, Japan, UK, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
BlueBotics SA, DF Automation and Robotics Sdn Bhd, Kollmorgen Corp., MIDEA GROUP, Mobile Industrial Robots AS, OMRON Corp., PAL Robotics SL, Panasonic Corp., Savioke Inc., and Stryker Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
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Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Download a free sample now to uncover highlights deployed by companies in the healthcare robots market.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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