The Europe Medical Robotics Market size is projected to reach US$ 5.5 Bn. at the end of the forecast period at a CAGR of 20.4%. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Europe Medical Robotics Market Dynamics:Medical science has made great innovations and used breakthrough innovations for humans. Robotics is that specific branch of science which when combined with healthcare can lead to major innovations in medical applications. The medical robot is used in the healthcare sector for treating patients in absence of doctors through instructions fed in the system of robots. Medical robots include surgical robots and telemanipulators among others. In the case of telemanipulators, surgeon’s actions are told on one side for controlling the effector present on the other side. Use of medical robots a greater precision output along with undergoing minimally invasive surgeries in a lesser amount of time. Cameras and rays are used for treating patients where they are inserted into the body like endoscopy or laparoscopy. The faster treatment coupled with higher precision in surgeries have led to the growth of medical robotics in the healthcare sector.
Europe Medical Robotics Market Segment Analysis:In Europe, medical robotics market is divided by product, application, and geography. The medical robotics market for product segment is segmented into instruments and accessories and medical robotic systems. The growth in invasive surgery has led to the higher application of the medical robotic system where miniaturized robots are used for treating patients. In addition, there has been a rise in the use of robots within the healthcare sector that has further boosted the application of medical robotic systems. On the basis of application, the market for medical robotics comprises of laparoscopy, cardiology, neurology, orthopedics, rehabilitation, and others. The laparoscope formed the largest segment and the neurology segment had the fastest growth within the forecast period. Complications in surgical procedures have led to the higher application of minimally invasive surgeries that are quicker and hassle-free. This has given confidence to both patients and doctors further leading to the higher application of robots for surgeries. A small instrument is inserted for laparoscope within the body to view abdominal walls helping in the smarter way of delivering small-scale surgery. This has been a major factor for the high growth of the laparoscope segment in Europe. The rise in diseases related to the nervous system along with the growth of nerve-related diseases is a major factor that has boosted the growth of the neurology segment in the medical robotics market.
Europe Medical Robotics Market Country Insights:UK, Germany, Italy, and France are some key regions that have contributed to the growth of the medical robotics market in Europe. Medical companies are introducing new procedures and systems for delivering better treatment and services to patients. This has been an important reason to escalate the feasibility of robotics commercialization in the healthcare sector.
Europe Medical Robotics Market Key Highlights:• Europe Medical Robotics market size analysis and forecast • Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the European Medical Robotics market • Medical Robotics market segmentation on the basis of product, application, and geography. • Medical Robotics market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of the study • Medical Robotics market analysis and forecast for major countries has been provided. • Profiling of key industry players, their strategic perspective, market positioning, and analysis of core competencies • Competitive landscape of the key players operating in the Medical Robotics market including competitive developments, investments, and strategic expansion.
Europe Medical Robotics Market Research Methodology:The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for Europe Medical Robotics Market.
Europe Medical Robotics Market Key Target Audience:• Ambulatory Surgery Centers • Academic Centers • Venture Capitalists • Medical Robots and Related Devices Manufacturing Companies • End Users • Research and Consulting Firms • Hospitals and Diagnostic Centers • Investment Banks and Private Equity Firms • Suppliers and Distributors of Medical Robot Systems
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Europe Medical Robotics Market , By Product• Instruments and Accessories • Medical Robotic Systems • Surgical Robots • Rehabilitation • Noninvasive Radio Surgery • Hospital and Pharmacy • Others
Europe Medical Robotics Market , By Product• Green Folding Cartons • Plastic Folding Cartons • Paperboard Folding Cartons
Europe Medical Robotics Market , By Application• Laparoscopy • Cardiology • Neurology • Orthopedics • Rehabilitation • Other
Europe Medical Robotics Market , By Geography:• Europe • UK • Germany • France • Russia • Italy • Spain • Others
Europe Medical Robotics Market Geographic Analysis:• Breakdown of UK Medical Robotics market • Breakdown of Germany Medical Robotics market • Breakdown of Italy Medical Robotics market • Breakdown of Russia Medical Robotics market • Breakdown of France Medical Robotics market • Breakdown of Spain Medical Robotics market • Breakdown of Others Medical Robotics market
Key Players of the Europe Medical Robotics Market:• Hocoma AG • KUKA Roboter GmbH • Mazor Robotics Ltd. • Cambridge Medical Robotics Ltd. • KUKA AG • Reactive Robotics • Medtech • Auris Medical AG • TransEnterix • ZCS • Automata Technologies • Generic Robotics
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1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET VARIABLES & SCOPE 3.1. Market Segmentation & Scope 3.2. Market Driver Analysis 3.3. Market Restraint Analysis 3.4. Penetration &Growth Prospect Mapping 3.5. Market SWOT Analysis, By Factor (political & legal, economic and technological) 3.6. Porter’s Five Forces Industry Analysis 3.7. Market Value Chain Analysis 4. PRODUCT TYPE ESTIMATES & TREND ANALYSIS (2019 – 2026) 4.1. Medical Robotics Market: Product Type Movement Analysis 4.2. Instruments and Accessories 4.2.1. Instruments and Accessories market, 2019 – 2026 (USD billion) 4.3. Medical Robotic Systems 4.3.1. Medical Robotic Systems market, 2019 – 2026 (USD billion) 5. APPLICATION ESTIMATES & TREND ANALYSIS (2019 – 2026) 5.1. Medical Robotics Market: Application Movement Analysis 5.2. Laparoscopy 5.2.1. Laparoscopy market, 2019 – 2026 (USD billion) 5.3. Cardiology 5.3.1. Cardiology market, 2019 – 2026 (USD billion) 5.4. Neurology 5.4.1. Neurology market, 2019 – 2026 (USD billion) 5.5. Orthopedics 5.5.1. Orthopedics market, 2019 – 2026 (USD billion) 5.6. Rehabilitation 5.6.1. Rehabilitation market, 2019 – 2026 (USD billion) 5.7. Other 5.7.1. Other market, 2019 – 2026 (USD billion) 6. REGIONAL ESTIMATES & TREND ANALYSIS BY PRODUCT AND APPLICATION (2019 – 2026) 6.1. Medical Robotics Market Share By Region, 2019 & 2026 6.2. Europe 6.2.1. Europe Medical Robotics market, 2019 – 2026 (USD billion) 6.2.2. UK 22.214.171.124. UK Medical Robotics market, 2019 – 2026 (USD billion) 6.2.3. Germany 126.96.36.199. Germany Medical Robotics market, 2019 – 2026 (USD billion) 6.2.4. France 188.8.131.52. France Medical Robotics market, 2019 – 2026 (USD billion) 6.2.5. Russia 184.108.40.206. Russia Medical Robotics market, 2019 – 2026 (USD billion) 6.2.6. Italy 220.127.116.11. Italy Medical Robotics market, 2019 – 2026 (USD billion) 6.2.7. Spain 18.104.22.168. Spain Medical Robotics market, 2019 – 2026 (USD billion) 6.2.8. Others 22.214.171.124. Others Medical Robotics market, 2019 – 2026 (USD billion) 7. MARKET COMPETITION ANALYSIS 7.1. Strategy Framework 7.2. Company Profiles 7.2.1. Generic Robotics 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives 7.2.2. Hocoma AG 18.104.22.168. Company Overview 22.214.171.124. Financial Performance 126.96.36.199. Product Benchmarking 188.8.131.52. Strategic Initiatives 7.2.3. KUKA Roboter GmbH 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives 7.2.4. Mazor Robotics Ltd. 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives 7.2.5. Cambridge Medical Robotics Ltd. 18.104.22.168. Company Overview 22.214.171.124. Financial Performance 126.96.36.199. Product Benchmarking 188.8.131.52. Strategic Initiatives 7.2.6. KUKA AG 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives 7.2.7. Reactive Robotics 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives 7.2.8. Medtech 18.104.22.168. Company Overview 22.214.171.124. Financial Performance 126.96.36.199. Product Benchmarking 188.8.131.52. Strategic Initiatives 7.2.9. Auris Medical AG 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives 7.2.10. TransEnterix 126.96.36.199. Company Overview 188.8.131.52. Financial Performance 184.108.40.206. Product Benchmarking 220.127.116.11. Strategic Initiatives 7.2.11. ZCS 18.104.22.168. Company Overview 22.214.171.124. Financial Performance 126.96.36.199. Product Benchmarking 188.8.131.52. Strategic Initiatives 7.2.12. Automata Technologies 184.108.40.206. Company Overview 220.127.116.11. Financial Performance 18.104.22.168. Product Benchmarking 22.214.171.124. Strategic Initiatives