SWOT Analysis of Robot Assisted PCI Market Key Competitors are Philips Benelux, Intuitive Surgical, Johnson & Johnson, Stryker, Medtronic, GE, SRI International, ClaroNav, Accuray, Maxar Technologies, Smith & Nephew, Mazor Robotics, Hansen Medical, THINK

With the Rise in demand for the minimally invasive surgeries and the incorporation of technology in the medical field are anticipated to drive the growth of the Global Robot Assisted PCI Market with CAGR of 11.9% in the forecast period of 2018 to 2025.

Robot Assisted PCI Market Overview By Product Type (Compound Topology, Magnetic Resonance Imaging, Ultrasound System), By Application (ENT, Oncology), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

This report also contains all the recent developments, product launches, joint ventures, merges and accusations by the top brands and players. All the way by also informing what the market drivers and restrains are with help of SWOT analysis.

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Key Finding:

• 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.

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 Segmentation:

1. By Product Type (Compound Topology, Magnetic Resonance Imaging, Ultrasound System)

2. By Application (ENT, Oncology)

3. By Geography (North America, South America, Europe, Asia-Pacific, Middle East and 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

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.

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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