Europe Medical Robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Surgical Robots, Hospital & Pharmacy Robots, Rehabilitation Robots, Non-Invasive Radiosurgery Robots, and Others), Application (Laparoscopy, Neurology, Ortho

Europe Medical Robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Surgical Robots, Hospital & Pharmacy Robots, Rehabilitation Robots, Non-Invasive Radiosurgery Robots, and Others), Application (Laparoscopy, Neurology, Orthopedics, Gynecology, Urology, Cardiology, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Others)

The Europe medical robots market is expected to grow from US$ 2,337.89 million in 2022 to US$ 6,403.40 million by 2028; it is estimated to grow at a CAGR of 18.3% from 2022 to 2028.
There is a rise in the number of surgeries performed across the region. The incidence of cardiovascular diseases has increased in many countries over the last 25 years. In the region, the rise in diabetic cases and lifestyle changes are increasing the number of cardiovascular surgeries and general surgeries. Cancer and diabetes are among the leading causes of mortality across the region. In 2021, according to Dutch Cancer Registry, ~123,672 new cancer cases were registered in the Netherlands. Moreover, according to an article published by Elsevier ltd in 2017, ~1 to 3% of the female population carry breast implants in the Netherlands. Breast surgeries are among the most common procedures in plastic surgeries performed in the country. The increasing number of surgical procedures creates a need for robotic surgery instruments. Therefore, staggering prevalence of chronic conditions and rising number of surgical procedures are generating the demand for robotic surgery instruments. The number of road accidents is increasing across the region. The surging number of road accidents eventually leads to a rise in the number of orthopedic procedures and treatments, which, in turn, is boosting the growth of the medical robots market across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe medical robots market . The Europe medical robots market is expected to grow at a good CAGR during the forecast period.
Europe Medical Robots Market Revenue and Forecast to 2028 (US$ Million)
Europe Medical Robots Market Segmentation
The Europe medical robots market is segmented based on product, end user, application, and country. Based on product, the Europe medical robots market is segmented into surgical robots, hospital & pharmacy robots, rehabilitation robots, non-invasive radiosurgery robots, and others. The surgical robots segment dominated the market in 2022. Based on application, the Europe medical robots market is segmented into laparoscopy, neurology, orthopedics, gynecology, urology, cardiology, and others. The laparoscopy segment dominated the market in 2022. Based on end user, the Europe medical robots market is segmented into hospitals, ambulatory surgical centers and others. The hospitals segment dominated the market in 2022. Based on country, the Europe medical robots market has been segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany would dominate the market in 2022.
Accuray Incorporated, ARxIUM, Auris Medical, Ekso Bionics, Hocoma AG, Intuitive Surgicals, Kirby Lester, Medtronic, Omnicell Inc., and Stryker Corporation are among the leading companies in the Europe medical robots market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe medical robots market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe medical robots market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the medical robots market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution"