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Robotic Ultrasound System Market to Witness Exponential Growth by 2028

The use of robots in healthcare applications is the new trend for most of the manufacturers working in ultrasound manufacturing. Robotic ultrasound systems initiate a new era of ultrasound procedures carried by assisted robotic technology. The robotic ultrasound system is either carried by a physician or independently, providing images of a high quality of concerned space. There are robots available in the market which are programmed to hold the ultrasound system in order to map a particular space, also there is an availability of robotic ultrasound system that recently got approved as primary product for the robotic ultrasound. Lucid, robotic ultrasound system from Neural Analytics, Inc. received FDA approval in 2018. This marks the initiation of robotic ultrasound systems on the global level, the system is meant for non-invasively evaluating brain blood flow characteristics to manage patients with neurological disease.

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The global market for a robotic ultrasound system is expected to witness a growth dependent on the advancement in global ultrasound market space. Physician-assisted ultrasound systems are currently present in a larger number, but with a rise in software assisted and robotic systems in different healthcare platforms, robotic ultrasound system tends to rise. Ultrasound is a basic step in most of the treatment procedures, where physicians opt to perform an ultrasound procedure before conducting a critical treatment offers the market for the robotic ultrasound system to have a positive outlook. Though, the robotic ultrasound system market is not going to have a positive scenario on a global level for the time being. It requires enough exposure to many of the developing economies who tend not to spend much on healthcare. A rise in awareness towards this robotic ultrasound system in the workplace, positive reimbursements, and clinical understanding would help in the growth of this robotic ultrasound system market. Macroeconomic factors like a dip in the global economy and restricted healthcare spending would influence the robotic ultrasound system market. But with suitable cost reduction and product efficiency, the market for robotic ultrasound system could very well experience growth as it is a nascent market and has the potential to rise in coming years

The global market for a robotic ultrasound system is segmented on the basis of product type, end user and geography:

Segment by Product Type 

  • System
  • Software
  • Accessories
  • Monitoring probes
  • Others

Segment by End User

  • Hospital
  • ASCs
  • Specialty Clinics

The global robotic ultrasound system market is segmented by product type, end user and geography. Based on the product type, the global robotic ultrasound system market is segmented into system, software, and accessories. The robotic ultrasound system consists of a mobile cart on which the system is placed, it includes the monitor and the processing unit for images. Particular software is allotted for a system through which image modulation is processed. Software’s are on a license basis and have the proprietary right of the manufacturer. Different accessories are provided by the robotic ultrasound system manufacturer’s to process the ultrasound procedure, like different probes, headsets, keyboards and more. Based end user, the robotic ultrasound system market is segmented into hospital, ambulatory surgical centers, and specialty clinics. A number of treatments for ultrasound procedures are accustomed to hospitals, the segment is estimated to have a greater market share in the global robotic ultrasound system market.

On the basis of regional presence, global robotic ultrasound system market is segmented into six key regions viz. North America, Latin America, Europe, Asia-Pacific excluding China, China, and Middle East & Africa. North America leads the robotic ultrasound system market and reasons being the presence of leading manufacturers in the region and quality healthcare facilities. Europe is the second biggest market for robotic ultrasound system due to their healthcare system investing in new age technologies. APEC’s present supporting factors like GDP growth and healthcare spending are likely to add to the market growth of robotic ultrasound system during the forecast period.

The global market for robotic ultrasound system market is highly fragmented. Examples of some of the key players operating in the robotic ultrasound system market which includes Neural Analytics, Inc., AdEchoTech, Medirob AB, KUKA AG and other.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2013- 2017
  • Market Size & Forecast 2018 to 2026
  • Market Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Market Drivers And Restraints

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific Exc. China
  • China
  • Middle East & Africa

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Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance