Impact of COVID-19 Outbreak on Healthcare Robotics in Health Care

Healthcare robots can play a critical role in the current pandemic by reducing human involvement and shielding health staff from infection. This will involve measuring patients' temperatures, disinfecting equipment, measuring specimen swabs and delivering much-needed psychological assistance to patients in isolation. Researchers are now beginning to illustrate the cyclical aspect of technology right after the recession. The COVID-19 contraction would accelerate labor-replacement automation as business sales see a fall. This might have arrived during the 'cultural shock' as automation eliminates low-skilled jobs.

The prospects for healthcare robotics exist in the introduction of smart navigation and the detection of high-risk and highly contaminated environments. Healthcare robotics should see early acceptance in regions first hit by the infection, offering them an advantage. The companies in China are now doubling their revenue production from the previous years. By the time the pandemic is done, robotics should be distributed through a variety of facilities and programs. The manufacturing will experience reshoring, with decreased reliance on countries such as China, and one way to do so would be by robots that would support the robotics industry.

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Global Medical Robots Market

Global Medical Robots Market, By Product (Instruments and Accessories, Surgical Robots, Rehabilitation Robots, Noninvasive Radiosurgery Robots, Hospital and Pharmacy Robots, Others), Application (Laparoscopy, Orthopedic, Neurosurgeries, Pharmacy, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2026

Market Analysis: Global Medical Robots Market

The Global Medical Robots Market is set to witness a very successful period with technological advancements occurring frequently, market will rise from its initial estimated value of USD 5.9 billion in 2018 to an estimated value of USD 28.9 billion by 2026 registering a CAGR of 21.8% in the forecast period of 2019-2026

Market Definition: Global Medical Robots Market

Medical Robots are mechanical robots that are used in medical services. They aid in surgeries, rehabilitation or even in dispensing of medical pharmaceutics. Medical robots are used in a variety of surgical practices. These robots act as a tele manipulator acting on behalf of the surgeon to perform hazardous tasks or even the most precise procedures.

Global Surgical Robots Market

Global Surgical Robots Market By Product Type (Instruments, Robotic Systems, Accessories and Services), Brands (DA Vinci Surgical System, CyberKnife, Renaissance, Artas, ROSA, Others), Application (General Surgery, Urological, Gynaecological, Gastrointestinal, Radical Prostatectomy, Cardiothoracic Surgery, Colorectal Surgery, Radiotherapy, Others), Geography (Europe, North America, Asia-Pacific, South America, Middle East and Africa) – Industry Trends & Forecast to 2026

The new pandemic will be targeted by health-care device vendors. They will be aligned on developing, unregulated markets with tech firms, stressing the value for national emergencies of healthcare robots. Many industries such as Enterprise Resource Planning (ERP) for higher profit margins are often impacted, in combination with robotics. Medical personnel's are predicted to become a potential phenomenon in patient events, raising the incidence of disease infections. According to the International Federation of Robotics (IFR), the shipments of medical robots already have increased by 50% in 2018. The outcome of coronavirus, however, illustrates some of the essential situations in which robotic systems may be disinfected, tracked, controlled and supplied.

The first documented use of a robot-assisted surgery occurred in 1985, when the PUMA 560 robotic surgical arm which was used in very delicate neurosurgical biopsy and non-laparoscopic surgery. This surgery has led to the first laparoscopic procedure involving a robotic system a cholecystectomy in 1987. 1990 is marked as the year when AESOP system, the first system got the approval by the Food and Drug administration (FDA) for its endoscopic procedure. In 2000, the Da Vinci surgical system became the first robotic surgery system approved by FDA for general laparoscopic surgery. The future of robots-assisted surgery is nearly as promising as the humans are inventing the better ways of accomplishing the delicate medical procedures. The rising ageing population, rising case of acute and chronic diseases and better benefits to patients and surgeons are the main drivers for global surgical robots market. Global surgical robots market is projected to register a healthy CAGR of 14.1% in the forecast period of 2019 to 2026.

Key Insights in the report:

· The key market players are analyzed and their effects on the market is also observed

· Market analysis is conducted for the forecast period of 2018 to 2025, and the market segmentations are observed during that period

· The market drivers and restraints have been clearly analyzed for the effect that they have over the market in the forecast period of 2018 to 2025