Healthcare Robots Market to grow at a CAGR of 13.99% by 2025

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.

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 size
  • Healthcare Robots Market trends
  • Healthcare Robots Market industry analysis

Healthcare Robots Market 2021-2025: Segmentation

  • Product
    • Surgical Robots
    • Rehabilitation Robots
    • Others
  • Geography
    • North America
    • APAC
    • Europe
    • MEA
    • South America

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

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist healthcare robots market growth during the next five years
  • Estimation of the healthcare robots market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the healthcare robots market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of healthcare robots market vendors

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Healthcare Robots Market Scope
Report Coverage Details
Page number 120
Base year 2020
Forecast period 2021-2025
Growth momentum & CAGR Accelerate at a CAGR of 13.99%
Market growth 2021-2025 USD 5.59 billion
Market structure Fragmented
YoY growth (%) 12.85
Regional analysis North America, APAC, Europe, MEA, and South America
Performing market contribution North America at 55%
Key consumer countries US, China, Japan, UK, and Canada
Competitive landscape Leading companies, competitive strategies, consumer engagement scope
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.
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
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.
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