Category Archives: Robotics

Standing just 5ft tall, Mitra navigates around the hospital wards, guided by facial recognition technology and with a chest-mounted tablet that allows patients and their loved ones to see each other.

Developed in recent years by the Bengaluru startup Invento Robotics, Mitra costs around $13,600 (10,000) and due to the reduced risk of infection to doctors has become hugely popular in Indian hospitals during the pandemic.

Since making headlines at its debut in 2017 at an international summit, where it greeted Ivanka Trump and interacted with Indias prime minister Narendra Modi, Mitra has increasingly been put to use in hospitals treating Covid-19 patients.

Mitra was originally meant for care homes, but was adapted during the pandemic to assist doctors and nurses by taking vital readings, and to help in consultations, says Balaji Viswanathan, chief executive of Invento Robotics, which now exports the robot to five countries including the US and Australia.

India still only has about three robots for every 10,000 workers, but the domestic industry is growing rapidly, fuelled in no small part by the pandemic.

Successful startups have boomed and according to the latest report by the International Federation of Robotics (IFR), India is now among the top 10 countries for annual installation of robots in industries. Industrial robot sales reached a new record of 4,771 in 2018, up 39% from the previous year.

According to the daily Business Standard, the robotics market in India is expected to grow by 20% between 2017 and 2025. From hospitality to hospitals, a range of sectors are adopting automation to reduce costs, time or to achieve precision and in some cases save lives.

One startup called Genrobotics, from the southern state of Kerala, collaborated with local authorities to adapt its spider-shaped robot Bandicoot to clean sewers and manholes, which until then had been cleaned manually notoriously dangerous and unpleasant work.

Though the machine is expensive, it can prevent human lives from being lost

We found manual scavenging is a global issue, and there was no efficient tech to clean manholes, says Rashid K, head of Genrobotics.

Now more than 11 Indian states are using the worlds first manhole cleaning robot.

Babu K Y is the manager of Hand to Hand India, an NGO involved in bringing Bandicoot to Tamil Nadu. Though the machine is expensive, he says, it can prevent human lives from being lost in this hazardous operation and is also very easy to operate, helping reach greater depths than in manual scavenging.

Since 2011 the Indian army has been using Daksh robots equipped with x-ray vision and chemical, biological, radiological and nuclear hazard detection mechanisms. Delhis GreyOrange is now making robots for the growing warehousing and automation sector.

According to a report by the IFR in 2017, Indias automotive sector was the main customer for industrial robots, accounting for 62% of the total supplied. Maruti Suzuki India used robots in its Manesar and Gurgaon plants and Mahindra has a robotic welding line in its plant in Nashik. Tata Motors uses an industrial robot made in India to lift heavy loads.

Although many Indian hospitals adopted robots during the pandemic because of a shortage of PPE, and because they can be used for disinfecting floors using ultra-violet radiation and strong disinfectants, they were also being used before the pandemic in healthcare, for surgeries requiring high levels of precision.

Dr Venkatesh Munikrishnan, a colorectal surgeon who works with Apollo Hospitals in Chennai, operates using Intuitive Surgicals Da Vinci XI a remote control robotics system.

This system helps me in performing difficult surgeries with 10 times more magnification, and 3D views. Firefly fluorescence technology used with the Da Vinci robot lights up the blood supply to the organ, and helps differentiate cancerous from healthy tissue, he says. Though these systems are very expensive and have to be imported, their superior advanced technologies are invaluable in complex surgeries.

Rajeev Karwal of Milagrow Human Tech has seen his company expand swiftly. We started off making robots for residences, from floor-cleaning to swimming-pool-cleaning robots, and later industrial robots for the hospitality industry.

With the advent of the pandemic, we focused on humanoids that could be used to disinfect hospital floors, provide temperature checks, do ward rounds and arrange phone calls with doctors, he says.

However, adoption of robots in India has been slow for many reasons, the main one being processes in Indian companies are not very standardised. Another is the high customs duties on importing the technology.

There are also widespread fears that robots will take away jobs in a country where unemployment is already high.

Doctors and staff are reluctant to use technology and monitor the robots, and there is also the problem of poor wifi

Even though humanoids were introduced in Indian hospitals during the pandemic, doctors and staff are reluctant to use technology and monitor the robots, and there is also the problem of poor wifi connectivity in many places, that may make people go back to their old ways of doing things, says Karwal. For new technology mental and physical barriers need to be crossed.

Scaling up remains a challenge, but the automation trend looks as though its here to stay.

As Karwal says: Once you adopt these technologies, theres no going back. Leveraged intelligently, they put you on the path to better solutions that make life easier for people.

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RoboDoc: how Indias robots are taking on Covid patient care - The Guardian

There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But not every stock you buy will perform as well as the overall market. Over the last year the T-Robotics.Co.,Ltd. (KOSDAQ:117730) share price is up 26%, but that's less than the broader market return. We'll need to follow T-Robotics.Co.Ltd for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long.

See our latest analysis for T-Robotics.Co.Ltd

While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

During the last year T-Robotics.Co.Ltd grew its earnings per share, moving from a loss to a profit.

When a company is just on the edge of profitability it can be well worth considering other metrics in order to more precisely gauge growth (and therefore understand share price movements).

We think that the revenue growth of 30% could have some investors interested. We do see some companies suppress earnings in order to accelerate revenue growth.

The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).

We know that T-Robotics.Co.Ltd has improved its bottom line lately, but what does the future have in store? So it makes a lot of sense to check out what analysts think T-Robotics.Co.Ltd will earn in the future (free profit forecasts).

We're happy to report that T-Robotics.Co.Ltd are up 26% over the year. While it's always nice to make a profit on the stock market, we do note that the TSR was no better than the broader market return of about 37%. The last three months haven't been great for shareholder returns, since the share price has trailed the market by 15% in the last three months. But a weak quarter certainly doesn't diminish the longer-term achievements of the business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 3 warning signs for T-Robotics.Co.Ltd (1 is a bit unpleasant) that you should be aware of.

But note: T-Robotics.Co.Ltd may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on KR exchanges.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

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T-Robotics.Co.Ltd (KOSDAQ:117730) Shareholders Have Enjoyed A 26% Share Price Gain - Simply Wall St

LEBANON As the first surge of COVID-19 cases began in the early spring, Dr. Meredith MacMartin and her colleagues in palliative care at Dartmouth-Hitchcock Medical Center wondered how to ensure that patients could stay in close touch with their families and care providers while minimizing the risk of infection.

Then, MacMartin, medical director at the Jack Byrne Center for Palliative and Hospice Care, saw a link on her Twitter feed that seemed to present a solution robots carrying tablets such as iPads to patients rooms for them to use to speak with loved ones as well as their providers.

Having robots ferry the devices would reduce the need for clinicians to don the necessary protective equipment to enter a patients room, conserving the equipment as well as the clinicians time.

MacMartin reached out to an engineer friend, Rich Kaszeta, and asked, how hard would this be? His response was not that hard, she said.

Kaszeta put her in touch with James Cole-Henry, a mechanical engineer at Lebanon-based Fujifilm Dimatix who is also head coach for the Grasshoppers, the FIRST robotics team at the Hartford Area Career Technical Center. Cole-Henry then involved current students and alumni to help outline the problem and develop the model.

One of my students came up with the idea to use magnets, Cole-Henry said in a video call. I was a little embarrassed. At work Im like Mr. Magnet.

The robots first deployed in patient rooms in the Childrens Hospital at Dartmouth beginning in September, Cole-Henry said. The design they came up with after several iterations is triangular with wheels and uses magnets to connect to a black stand with a long arm holding an iPad. It is operated using a controller similar to that used for video games. MacMartin said that even though shes not a gamer, she found the controllers to be pretty user-friendly.

The engineers worked together remotely for the most part. Grasshopper Machine Werks, a machine shop that Cole-Henry co-owns in Enfield, served as home base for the project.

MacMartin, who said developing robots wasnt on her 2020 bingo card, found herself walking around DHMC with a tape measure in order to be able to tell Cole-Henry and his team how much space they had to work with.

Its been really fun to talk with people who are very smart about machines, she said.

Challenges for the design included ensuring that it would be easy to clean and that it could safely navigate around the hospital without hurting people, Cole-Henry said.

During the development, Cole-Henry said the project gave him and the students and alumni participants a way to help address the ongoing pandemic. Before MacMartin approached him with the project, he said he had been frustrated that the best way he could help was by staying home and away from others.

Being able to develop the robots for the hospital felt so much better than doing nothing, he said.

The robotics team alumni who, because of the pandemic, didnt have technical internships this summer were especially grateful for the opportunity to develop their skills, Cole-Henry said.

Due to relatively low numbers of patients with COVID-19 at DHMC, the robots havent been needed as much as MacMartin thought might be the case early on in the pandemic. They may see greater use as cases of COVID-19 increase. Dartmouth-Hitchcock will be using iPads and telehealth carts in the emergency department and at regional hospitals to augment care and for critical care consultation for patients with COVID-19, according to a news release.

Theres promise for the devices beyond COVID-19, MacMartin said. They could be useful in reducing the risk of infection for patients with compromised immune systems, such as those receiving bone marrow transplants, by reducing the number of people who enter their room, she said.

I do think theres some other really interesting ways we might be able to use these to benefit patients, protect them and protect staff, she said.

Video technology has helped family members of patients in the intensive care unit to be able to see their loved one and the care providers while they arent able to visit in person, she said.

Like Cole-Henry, MacMartin said that teamwork it took to create the robots was a bright spot during what has largely been a period of isolation.

Its been really nice to feel the sense of collaboration and support with our community about it, she said, noting that several local companies chipped in materials and time. Being able to pool together to use our collective skills and experience to accomplish this, that feels like a pretty big win.

The code for the robots is open source, so Cole-Henry said hes hopeful it can be used by other people.

Nora Doyle-Burr can be reached at ndoyleburr@vnews.com or 603-727-3213.

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Robots lend a hand during the pandemic - Valley News

By: Sean Zak December 4, 2020

The RP-1200 scoops up to 300 golf balls during a session.

Echo

The revolution of the range is coming, folks. For everyone who grew up logging hours behind the wheel of a range picker like proud PGA Tour pro Daniel Berger now is the time to lament. Robots will soon make that job obsolete!

Enter the BallPicker from Belrobotics, or the RP-1200 from Echo, or Herr Robot from Golf Robotics. All of them look basically the same and do one thing well: they pick the range.

They pick the range well enough that one club in Mississippi The Club at Ole Brook just made the humans-to-robots transition, and it made the local news. Ole Brook chose the Echo Robotics version of automated picker, which goes for about $19,000, and bought two of them.

All of our market picks are independently selected and curated by the editorial team. If you buy a linked product, GOLF.COM may earn a fee. Pricing may vary.

Could it be a fad? Itd be a pretty expensive fad to get involved with, if thats the case. The pickers run on a rechargeable battery and scoot around your range at just more than 2 mph. They can scoop up about 300 balls and return them to a washing station before heading back out again. Wires laid in the ground at ranges edge work like an electric dog fence, telling them when to turn back to the grassy area. And the controls for all of it sits in a pretty dashboard on the general managers cell phone.

Okay, maybe robot range pickers are better, after all.

They took some tweaking at first, but weve had fun with them, GM Jeff Henning told the Daily Leader.

As far as he knows, these are the only robotic range pickers in the state. For now, at least.

A senior editor for GOLF.com, Zak joined the staff GOLF staff three weeks after college graduation. He is the utility infielder of the brand, spanning digital, print and video. His main duty is as a host for various GOLF.com video properties and its award-winning podcasts. When the Masters comes around, be sure to tune in to hear him and fellow staffers recount the most memorable tournaments in Augusta National history on A Pod Unlike Any Other.

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Sorry range pickers, the robots have come for your job - Golf.com

DUBLIN--(BUSINESS WIRE)--The "Computer on Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global computer on module market grew at a CAGR of around 7% during 2014-2019. Looking forward, the market to continue its moderate growth during the next five years.

A computer-on-module (CoM), or system-on-module (SoM), refers to a complete embedded computer designed on a single circuit board. It is built on a microprocessor and is equipped with random access memory (RAM), ethernet, input or output (I/O) controllers, flash memory and other components required for a fully functioning computer. The user can plug the central processing unit (CPU) into a small processor, or baseboard and perform various functions similar to that of a complex computer.

This offers a consistent and cost-effective embedded platform for computing solutions and aids in minimizing the time required for manufacturing various products. Owing to this, it finds extensive applications in the industrial automation systems, medical electronics, transportation, communication and gaming industry.

Increasing automation across industries represents one of the key factors creating a positive outlook for the market. Furthermore, the widespread adoption of miniaturized devices is also providing a boost to the market growth.

For instance, CoM systems are primarily used for manufacturing drones or unmanned aerial vehicles (UAVs) that are compact and can be navigated autonomously by the user. These systems also aid in faster product development and offer enhanced reliability, longevity and interconnectivity with other devices. Additionally, various technological advancements, such as the integration of off-the-shelf CoM and application-specific carrier boards with the Internet of Things (IoT), are also contributing to the market growth.

Other factors, including the adoption of CoMs for robotics, artificial intelligence, smart electronics, wireless connectivity and other electronic systems, along with increasing digitization, are projected to drive the market further.

Key Questions Answered in This Report:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Computer on Module Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Architecture Type

6.1 ARM (Advanced RISC Machines) Architecture

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 x86 Architecture

6.3 Power Architecture

6.4 Others

7 Market Breakup by Standard

7.1 COM Express

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 SMARC (Smart Mobile Architecture)

7.3 Qseven

7.4 ETX (Embedded Technology Extended)

7.5 Others

8 Market Breakup by Application

8.1 Industrial Automation

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Medical

8.3 Transportation

8.4 Gaming

8.5 Communication

8.6 Others

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/w167le

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Global Computer on Module Market 2020-2025: Adoption of CoMs for Robotics, Artificial Intelligence, Smart Electronics are Projected to Drive Growth -...

South Tees Hospitals NHS Foundation Trust has become one of only three NHS trusts to have a team of surgical robots.

Surgical teams at The James Cook University Hospital now have three da Vinci robots, allowing them to treat patients with minimally invasive procedures.

The trust says it now has the potential to become a national centre of excellence.

The three robots will be used across five specialities at the hospital including urology; thoratic services; gynaecology; general surgery; and ear, nose and throat services.

James Cook currently provides robotic surgery to about 380 patients a year, but the expansion programme is expected to double that number.

By 2021 its hoped that heart specialists at the hospital will be the first in the north east region and only the second in the UK to offer robotics for cardiac surgery.

Cardiothoracic surgeon Joel Dunning said: We are now one of only three hospitals in the UK that has three robots.

This is going to hugely spring forward our ability to do minimally invasive surgery at this site and it will allow us to start cardiac robotics so it is a very exciting time.

Robotic surgery has been used at the trust since 2014. The robots use tiny instruments which are controlled remotely by the surgeon sitting at a console.

Surgeons benefit from 3D vision of the procedure as well as hand and foot controls to control the instruments.

This enhanced precision helps reduce side effects and the length of time patients need to stay in hospital.

The trust is amongst the first in the UK to take part in a national Royal College of Surgeons study looking at how much robotic surgery benefits patients.

More here:

South Tees leads the way for robotic surgery in NHS - Digital Health

RIA Robotics Week, the worlds largest virtual robotics show and conference, opens on Tuesday morning, September 8 and continues through Friday afternoon, September 11. The event features more than 75 leading industry experts talking about how to successfully apply robotics, the latest industry trends, promising technology breakthroughs and more.

The accompanying exhibitor showcase features80 world-class companiesincluding robot manufacturers, accessory equipment suppliers, and system integrators. The platform allows attendees to learn about leading products, engage in one to one discussions with company leaders and connect in live Zoom groups with exhibitors.

Among the highlights of the week are:

Registration for Robotics Week is free. All live presentations will be archived for later viewing until September 30, 2020. For complete details visit theRobotics Week website.

Platinum Sponsors of Robotics Week include ABB Inc., ATI Industrial Automation, AutoGuide Mobile Robots, Calvary Robotics, FANUC America, Fictiv, Harmonic Drive, Honeywell Intelligrated, JR Automation, Kawasaki Robotics USA, KUKA, Miller Resource Group, OnRobot, SCHUNK, and Universal Robots.

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Virtual RIA Robotics Show and Conference Takes Place This Week - Novus Light Technologies Today

Thousands of Texas students will now have access to robotics, skill-based learning

The Robotics Education & Competition (REC) Foundation announced today that it is partnering with the Texas Workforce Commissions Texas Youth Robotics Initiative to expand access of competitive robotics to traditionally underrepresented high school students for the 2020/2021 academic year.

The REC Foundation has been awarded a nearly $750,000 grant to bring competitive robotics to rural and Title 1 schools around the state which will impact up to 4,800 high school students who wouldnt otherwise have access to evidence-based STEM programming.

The grant will assist rural and Title 1 schools in the development of 150 new robotics teams, comprised of students who have not participated in competitive robotics previously, and to sustain 50 existing teams. Additionally, this grant will focus on inclusion for deaf and hard of hearing students across Texas. The REC Foundation is partnering with the Texas School for the Deaf to expand robotics by creating 25 new teams and holding a signature competition event for the deaf community, next spring in Austin.

"Were thrilled to receive a grant from the Texas Workforce Commission to increase participation in competitive robotics in our home state of Texas," said Dan Mantz, CEO of the REC Foundation. "This investment will offer the opportunity for thousands of students to access science, technology, engineering and math (STEM) skills. It will also help prepare the next generation of innovators to have a rewarding career which will ultimately help enhance Texass workforce."

Through the creative process of designing, building, and programming robots for competition, students gain a wealth of technical knowledge and develop communication and teamwork skills that will serve them well throughout their lives. To learn more about the REC Foundation and how your high school can apply for this grant, visit https://www.roboticseducation.org/grant/twc-grant/.

About the Robotics Education & Competition (REC) Foundation

The Robotics Education & Competition (REC) Foundations mission is to increase student interest and involvement in science, technology, engineering, and mathematics (STEM) by engaging students in hands-on, affordable, and sustainable robotics engineering programs.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200909005256/en/

Contacts

Jenn GoonanRocket Social ImpactJenn@RocketSocialImpact.com 617.947.0971

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The Robotics Education & Competition (REC) Foundation Receives a Nearly $750K Grant from Texas Workforce Commission to Expand Robotics Throughout...

IOWA CITY, Iowa, Sept. 9, 2020 /PRNewswire/ --iotaMotion Inc., an early-stage medical technology startup spun out of the University of Iowa's Otolaryngology Department, announced today that the company has been awarded a $1.65M grant from the National Institutes of Health (NIH). The Company is applying this grant towards the continued development of real time tissue trauma sensing capabilities in the iotaSOFT robotic surgical system, which is intended to assist surgeons with cochlear implantation surgery.

iotaMotion, Inc. Logo. (PRNewsfoto/iotaMotion, Inc.)

In recognition of the Company's continued success, iotaMotionhas additionally received the inaugural Iowa Biosciences Med-tech Award. The first award of its kind, iotaMotion received $20,000 in recognition for significant progress and investor support over the past year. These funds will be used to support the Company's continued regulatory and pre-commercialization efforts.

"This grant award is incredibly exciting as the Company makes significant progress developing truly novel robotic-assisted technologies," said iotaMotion Medical Director and Chair of the Department of Otolaryngology at University of Iowa Marlan Hansen, MD, FACS. "We expect the iotaSOFT system to deliver a marked clinical impact on how we perform cochlear implantation surgery upon commercialization."

The iotaSOFT system is a robotic-assisted insertion device, which will allow surgeons to advance cochlear implant electrodes with control and precision. iotaMotion anticipates that controlled insertion will allow for less surgical variability in outcomes and results. Given the growing development of hearing preservation implant solutions, assistive technologies like iotaSOFT become critical in achieving surgical goals while navigating the patient's retained residual hearing capacity.

"These NIH funds will be used to advance technology development to support real-time feedback and monitoring during cochlear implant electrode insertion," said co-founder and President of iotaMotion, Chris Kaufmann. "We appreciate the support of the NIH as well as the local investor community as we make meaningful progress towards commercialization of our first suite of solutions."

IOTAMOTION, INC.

A privately-held Iowa based company, iotaMotion is developing robotic technologies with the goal of focused, individualized, hearing loss treatment. The company's solutions aim to standardize cochlear implant insertion, and to provide unprecedented control in the surgical and post-surgical care settings with the goal of expanding access to cochlear interventions for both surgeons and patients. For more information, visit http://www.iotamotion.com or contact Christopher Kaufmann at pr@iotamotion.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/iotamotion-awarded-1-65m-nih-grant-to-further-development-of-its-robotics-assisted-surgical-technology-for-cochlear-implantation-301126451.html

SOURCE iotaMotion, Inc.

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iotaMotion Awarded $1.65M NIH Grant To Further Development Of Its Robotics-assisted Surgical Technology For Cochlear Implantation - Yahoo Finance

The global healthcare market size was estimated USD 3.76 Billion in 2014 and is expected to witness significant growth over the forecast period. Healthcare robots are used in various applications which include drug manufacturing, dispensing drugs to patients and moving inventory in medical supply facilities.Growing demand for the surgical robots such as da Vinci surgical systems is projected to enhance the market growth over the forecast period. These robots offers 3D HD vision systems for a clear ad magnified view of patients body and also assist surgeons in various complex procedures with high precision and flexibility.The healthcare centers are investing enormously in the robotics industry for minimizing the high cost manual label of surgery and for greater flexibility functioning of the healthcare. The centers are investing in automatic guided vehicles (AGV) for transporting the patient needs which include linens, delivering meals, packages, nursing supplies, sterile items, oxygen and gases and pick-up trash.

The Final Report will cover the impact analysis of COVID-19 on this industry.

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Rising government subsidiaries for installing and implementing the healthcare robots in the countries such as India and China is further projected to fuel the market growth. Furthermore, shortage in workforce in the sector is also driving the industry growth. According to World Health Organization (WHO) report, 83 countries fall below the threshold of 22.8 skilled healthcare professionals per 10,000 population and 100 countries fall below the threshold of 34.5 skilled healthcare professionals per 10,000 population.The market is segregated into two major segments which include rehabilitation robots and robotics surgery market. Further, the rehabilitation robotics consists of prosthetic robotics, exoskeleton robotic system, orthotic robotics, and therapeutic robotics.

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The robotics surgery market is segregated based on the components and services which include robotic surgical systems, instruments and accessories, and services.The robotic surgery segment holds the significant share in the market owing to the comprehensive scale improvements in patient monitoring, and the ability to deliver better medical results with high accuracy and precision while replacement and component implantation in orthopedics is projected to enhance the market growth over the forecast period. Gynecology, Urology and general surgery are few applications of the robotic surgery.

Moreover, the high cost associated with healthcare robotics encourages the patients to go for normal treatment. However, emerging trends which include implementation of robotic in-patient rehabilitation programs and replacement of manual surgical assistance indicate the immense growth over the forecast period.

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North America region is estimated to dominate the industry owing to the increasing government spending in the healthcare infrastructure sector. Densely increasing aging population in metropolitan cities of U.S. has led to the huge investments in healthcare sector. According to the American Society of Aesthetic Plastic Surgery report in 2014, a total of 1,764,956 procedures have been carried out in cosmetic procedures.Asia Pacific region is expected to grow enormously as the industries in China, South Korea and India has been adopting healthcare robots in hospitals and rehabilitation centers. Furthermore, Japan is expected to lead the healthcare robotics industry owing to increase need for reduced lead time for addressing the patients and for aging population.

The key vendors dominating the market include Elekta, Mazor Robotics, Intuitive Surgical, Tecan Group, Qiagen, and Varian Medical System. Other companies include Titan Medicals, Curexo Technology, THINK Surgical, Hansen Medical, and Health Robotics. Latin America: Brazil and Rest of Latin America

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Healthcare Robotics Market Projected to Deliver Greater Revenues during the Forecast Period until 2025 | Impact of COVID-19 Pandemic - StartupNG