Tackling research and overcoming translational barriers will escalate UK medical robotics market

Published: Mar 2021

UK medical robotics market is projected to grow at a significant CAGR of around 13.8% during the forecast period (2020-2026). The market for medical robotics in UK is projected to grow at a high rate during the forecast period, backed by the well-developed and continuously evolving healthcare system of the country. This development is backed by the rising need for the advanced healthcare facilities for the increasing patient base of chronic diseases in the country. NHS (UK National Healthcare Services) is continuously investing in the advanced technologies for the healthcare sector of UK. With the support of the NHS, the demand for medical robots are expected to increase during the forecast period.

Browse the full report description UK Medical Robotics Market Size, Share & Trends Analysis Report by Product (Surgical Robotic Systems, Rehabilitative Robotic Systems, Noninvasive Radiosurgery Robots, Hospital & Pharmacy Robotic Systems, and Others) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/uk-medical-robotics-market

The guidelines issue by the Government of UK are fundamentally market-driven with an extensive engagement and focus on the cost-effective healthcare system with standard regulations of the government. European Union is continuously striving to tackle both translational and research issues by parallelly encouraging industrial and academic collaborations with research on the advancement of technologies in the healthcare sector. The rise in the research funding and the establishment of appropriate regulatory standards for the surgical robots is expected to offer growth to the medical robotics market in the near future. 

 Market Coverage

Report Elements

Details

Study Period

2019-2026

Base year

2019

Forecast period

2020-2026

Segments Covered

By Product

Key Companies Profiled

Intuitive Surgical, Inc., Medtronic PLC, Stryker Corp., Auris Health, Inc., Renishaw PLC, CMR Surgical, Inc., and TransEnterix Surgical, Inc.

Key questions addressed by the report

  • What is the market growth rate during the forecast period?
  • Which segment dominates the market in base year?
  • Which segment will project fastest growth in the market during the forecast period?
  • How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID 

o Most affected segment

o Recommendations 

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

UK Medical Robotics Market – Segmentation

By Product 

  • Surgical Robotic Systems
  • Rehabilitative Robotic Systems
  • Noninvasive Radiosurgery Robots 
  • Hospital & Pharmacy Robotic Systems
  • Others (Neuromate surgical system)

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