A medical robot is a programmable, multifunctional manipulator specialized devices used for surgery, medical training, rehabilitation therapy, hospital and pharmacy industry. The factors such as increasing demand for minimally invasive surgery, increasing aging population, technological innovations, the rising adaption of medical robots among the population and increasing clinical trials are driving the market.
These devices help in monitoring of blood sugar levels, calorie counting, and in insulin dose calculation, reduce complications to improve the quality of life of diabetics. Some of the factors driving the market are growing adoption of digital solutions such as cloud based software, technology advancements such as incorporating artificial intelligence to manage the diabetes.
Factors such as the increase in the prevalence of diabetes, advantages of insulin pumps over injections and insulin pens, increase in awareness about insulin pumps over traditional methods and technological innovations are driving the market.
Infusion pumps and accessories are class of drug delivering devices used for administering medications in a controlled, precise and automated manner. Subsequent rise in incidence of chronic diseases, technological innovations offering wider scope of applications for infusion pumps and increase in use of infusion products in home care setting are the factors driving the market growth.
Neuromodulation devices market has huge opportunity for existing players and new entrants, the neuromodulation device manufacturers can develop and launch new products to gain the sparely occupied market.
Electrosurgical devices use electrical energy where alternating current is used to cut, coagulate, desiccate tissue resulting in precise cut and limited blood loss. Increasing ageing population, cosmetic surgery, demand for minimally invasive surgery, patients suffering from obesity and technological advancements are driving the market growth.
Glucose Monitoring consist of products that are essential for patients suffering diabetes. With the projected rise in aged population and awareness about such conditions, the market is focused on growing with newer technology and improved products.
Increasing demand for minimally invasive surgical procedure leading fast recovery and reduced hospital stays, technological innovations offering a wider scope of applications for endoscopy, the rise in obese population preferring bariatric surgery for weight reduction are the factors driving the market growth.
Pain is a debilitating condition, which arise due to various reasons which is not completely curable, but can be treated with pain management devices and surgery. Increase in the prevalence of chronic diseases and pain disorders, rise in aging population, and adverse effects of opioids, are driving the market.
Diagnostic imaging is a non-invasive method for identifying and monitoring diseases or injuries by generating the images of internal anatomic structures and organs for diagnosing and to accurately determine various life threatening diseases such as cancer, cardiovascular, neurological disorders and others.
Sterilization is the process that eliminates all forms of microbial life and transmissible agents through drastic methods to prevent spread of disease, Increase in incidence of Hospital Acquired Infections (HAIs) is driving the market growth.