Press release
Robot Assisted PCI Market Growth in Healthcare IT Industry Along with Top Industry Players by 2025: Philips Benelux, Intuitive Surgical, Johnson & Johnson, Stryker, Medtronic, GE, SRI International, ClaroNav, Accuray, Maxar Technologies, Smith & Nephew, M
Robot Assisted PCI Market
This report has all the company profiles for the top players and brands and along with that the report also contains a synopsis of market definition, classifications, applications and market trends, and the robot assisted PCI market drivers and restrains that are derived from a well know method called SWOT analysis.
There are several recent developments, product launches, joint ventures, merges and accusations by the key market players and brands who will dominate the robot assisted PCI market and hence Healthcare IT industry for the forecast years 2018 to 2025.
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Major countries covered in this report are
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
Market Analysis
The Global Robot Assisted PCI Market is expected to reach USD 17.79 Billion by 2025, from USD 3.58 Billion in 2017 growing at a CAGR of 11.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Some of the major players operating in the market are
• General Electric Company,
• Medtronic,
• Stryker,
• Philips,
• ClaroNav.,
• Intuitive Surgical, Inc.,
• Johnson & Johnson Services,
• MAKO Surgical Corp,
• SRI International,
• Accuray Incorporated,
• THINK Surgical, Inc.,
• Hansen Medical,
• Mazor Robotics.,
• Smith & Nephew.,
• Curexo Technology,
• Maxar Technologies Ltd, & among others.
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In October 2015, FDA grants clearance to Corindus’s second-generation vascular robotic “CorPath system”. The device is first FDA cleared device in robotics assisted PCI. Through this clearance Corindus’s is the first company which got approval in the U.S. In February 2018, FDA again gave clearance to CorPath GRX System in peripheral vascular interventions. This proves that Corindus’s one be the great players in the robotic assisted PCI.
On April 26, 2017 Corindus Vascular Robotics announced the live broadcast of robotic-assisted PCI using corpath GRX to TCT Asia-Pacific summit in South Korea.
On September 27, 2017, Corindus Vascular Robotics, Inc. announced the opening of the first international CorPath GRX Robotic Center in Tokyo, Japan. The Royal Philips Electronics NV (PHIA) has partnered with Corindus Vascular Robotics to exclusively distribute its CorPath 200 system, a robotic assisted system for minimally invasive treatment of coronary artery disease.
On August 2017 the Journal of Healthcare Engineering published a report stating the emergence of advanced technology in robotic surgery. The development of augmented reality devices has allowed the doctors to incorporate data visualization into diagnostic and treatment procedures to improve work efficiency, safety, and cost. This technology also plays a key role in enhancing surgical training activities for new operators and doctors.
Market Segmentation:
Based on product type,
• Compound topology
Based on the application
• ENT
• Oncology
Based on the geography
• North America & South America,
• Europe,
• Asia-Pacific
• Middle East & Africa
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Major Market Drivers and Restraints:
• Minimal deviation in the precision of specific biomedical sensors of the equipment
• Requirement for regular maintenance and calibration of the equipment
• Occurrence of serious side effects
• Increasing need for automation in healthcare
• Avoiding the complexity of surgical procedure
• Increasing demand for non-invasive surgeries
• More precision and flexibility
• Existence in the quality of treatment
• High cost of maintenance
• High Initial Costs and making of adverse reports
• Huge capital investments and careful installation
Competitive Analysis:
The global robot assisted PCI market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of robot assisted PCI market for global, Europe, North America, Asia Pacific and South America.
Study Highlights
1. To analyze the market size of the market and infer the key trends from it.
2. Industry Chain Suppliers of robot assisted PCI market with Contact Information
3. The key findings and recommendations highlight crucial progressive industry trends in the robot assisted PCI Market, thereby allowing players to develop effective long term strategies
4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the robot assisted PCI market
5. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
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Data Bridge Market Research
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