The global market for medical robotics currently is being led by the U . S ., which is followed by Europe with a market share of 62 % and 24 % respectively .
Since the inception of medical robotics , the cost of equipment ( Robot ) has been a critical aspect . The cost of equipment remains to be high currently , as the robot consists of the combination of various sophisticated tools and techniques . Hence , the high cost of equipment persists as the major challenge for the manufacturers of medical robots in increasing their penetration across different geographic regions . Despite of the cost barrier , the market has observed steady growth in few parts of the world . Globally the prices of medical robots are estimated to reduce as the demand increases for more specialized and versatile robots at lower costs as compared to the current prices . The reduction in cost will also be favored by the increasing competition in the medical robotics market space as competition aids in driving the cost down .
The prominent players of Medical Robotics market are :
• Intuitive Surgical Inc . ( U . S .),
• Mazor Robotics ( Israel ),
• Accuray Inc . ( U . S ),
• Hansen Medical Inc .( U . S .),
• InTouch Health Technologies Inc . ( U . S .),
• Renishaw PLC ( United Kingdom )
• Hocoma AG ( Switzerland ) and many more .
Download
Sample Brochure