Healthcare IT - Casestudy 2

Requirement

A robotic system manufacturer hadsignificantlyinvested in artificial intelligence. The client approached Straits Researchfor market data on AI-enabled robotic systems.They were primarily interested in market data aboutthe recent advancements in AI-enabled robotics and total investments in this area. The company was also looking for the year-on-year growth of this technology and its adoption regionally.

Solution

Secondary Research

We studied the market dynamics, including drivers, restraints, opportunities, and challenges, to identify which factors were positively and negatively influencing the market. We also studied the past, current, and future trends in the market to gain a deeper understanding of the market growth prospects.

Primary Research

AI-enabled medical robotics is a dynamic field. Straits Research conducted primary research to secure protected and sensitive data from industry experts and analyze investments in the market, based on the General Data Protection Regulation (GDPR) and similar guidelines. We also collected data on investments from our trusted paid partners that track private investments in healthcare.

Market Sizing

We employed a data triangulation method involving a top-down and bottom-up approach and analyzed company market sharesto derive market estimates on AI-enabled medical robotics. The year-on-year market growth rate was determined after studying the parent and ancillary markets and analyzing micro- and macro-environmental factors.

Conclusion

Our report helped the client in understanding the overall market traction, market dynamics, and total investments, in turn, helping them derive potential return on investment. We also helped them understand the industry lifecycle, whether the market is in the introductory, growth, maturity, or declinephase.