India medical robotics market is projected to grow at a significant CAGR of around 15.8% during the forecast period (2020-2026). The market for medical robotics in India is projected to grow at a high rate during the forecast period, backed by the rising government spending on the improvement of healthcare infrastructure, with an aim to increase medical tourism in the country. India is making tourist immigration easier for medical treatments. Healthcare packages are being provided now by most private hospitals in the country for foreign patients that include airport to hospital pick-up, private chefs, and free Wi-Fi and hence attracting patients from across the globe. The country’s e-visa regime now includes medical e-visas as well.
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According to the Indian Medical Association, Government has made it easier for people to come into the country; there is no waiting time in hospitals for non-Indian patients. Primarily medical tourists to India seek heart, liver and bone marrow transplants, in vitro fertilization (IVF), surgeries for joint replacement, brain surgeries, and spine surgeries. Therefore, the gradual rise in visits of foreigners for the treatment purposes is expected to advance the healthcare sector of the country. This will include the deployment of medical robotics in hospitals for surgeries, nursing, and other hospital staff.
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Market Coverage
- Market number available for- 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segments Covered- By Product
- Key Companies Profiled- Accuray Inc., Intuitive Surgical, Inc., Medtronic PLC, Omnicell, Inc., Stryker Corp., 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?
- Recovery Timeline
- Deviation from pre-COVID
- Most affected segment
- Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
India Medical Robotics Market – Segmentation
By Product
- Surgical Robotic Systems
- Rehabilitative Robotic Systems
- Noninvasive Radiosurgery Robots
- Hospital & Pharmacy Robotic Systems
- Others (Neuromate surgical system)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
