As per the GMI Research report, the Medical Robots Market is anticipated to expand at a rate of 21.2% over the forecast period. This is because of the accelerating incidences of neurological and orthopaedic diseases and the accessibility of sophisticated healthcare infrastructure.
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Medical Robots Market Dynamics
Medical roots are robotic machines that help to perform mechanical work in the medical industry or to help medical professionals. They are the most reliable assistant for surgeons, nurses, and other staff. The increase in healthcare expenditure to provide a better infrastructure led by the accelerating expendable income and rising geriatric population is a standalone factor contributing to the global medical robots market growth. Also, the increasing awareness about the accessibility of a better robot-supported rehab care service for patients will fuel the market growth. With the rising cases of cancer, heart stroke, neurological and orthopaedic disorders and the inclination towards negligibly infectious surgeries are likely to fuel the Medical robots market growth.
Medical robots play a vital role to curb the spread of the ongoing coronavirus infection by providing a shield to healthcare staff. They assist the medical staff to decrease human involvement in several tasks , such as disinfecting equipment, noting temperature of patient, and various others.
However, robotic assisted surgery comes up with different challenges, such as huge cost, stringent guidelines, unavailability of trained professionals to handle robotic systems, which may restrain the Medical robots market size.
Product Type Segment Drivers
Based on the product, tractors segment is expected to grow at a higher CAGR during the forecast period owing to its wide range of applications including tillage, ploughing and planting in fields, landscape maintenance, spreading fertilisers, and performing routine farm care. Additionally, as per the Medical robots market analysis, the development of advanced tractors with integrated automated transmission system, remote sensing, GPS, and data analytic, is helping to map fields and automate the driving systems. All these factors are likely to boost the market growth.
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