openPR Logo
Press release

Microsurgery Robot Market Forecast 2019 with Zimmer Biomet , Auris Health, Inc, Intuitive Surgical Devices , Mazor Robotics , Medrobotics Corporation, Medtronic, Smith & Nephew , Stryker

01-30-2019 06:08 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc

Microsurgery Robot Market

Microsurgery Robot Market

The Microsurgery Robot Market set to exceed is expected to witness more than 13.9% CAGR from 2018 to 2024 new research report by Global Market Insights.

U.S. microsurgery robot market contributed to the largest revenue of USD 355.1 million in North America in 2017. High per-capita and disposable income will enable patients to opt microsurgical robot for various surgical procedures. According to General Surgery News, in 2015, about 140 thousand robotic general surgeries were performed in U.S. Microsurgical robot is widely used in U.S. due to growing demand for minimally invasive surgical procedures. This will foster regional growth in foreseeable years.

Technological advancements in microsurgery robot allowing effective treatment of various chronic disorders is forecasted to boost market growth during the foreseeable future. Advances such as miniaturization of robotic arms aid to reduce complications and undesirable effects post-surgery will foster business growth. For instance, in October 2017, surgeons from Maastricht University in Netherlands carried out microsurgery for suturing blood vessels of 0.3 mm for treatment of lymphedema. Such advancements will propel microsurgery robot industry growth during the projected timeframe.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2814

Increasing number of government and private funding aimed at development of advanced robotic in surgical procedures will potentially spur market growth. As a result, there are numerous surgeries performed in hospitals, clinics and ambulatory surgical centers with robotic assistance. For instance, American Society for Cataract and Refractive Surgery provide research funding for development of surgical robot that can be used for colorectal surgery. High demand for microsurgical robot in healthcare facilities coupled with various funding for advancement of microsurgery robot are set to offer lucrative growth over the forecast timeframe.


However, high cost of microsurgery robot will negatively impact market growth. Strict regulations laid by various regulatory bodies and dearth of skilled personnel can potentially restrict industry growth during the upcoming years.

Urology surgery segment dominated in 2017, with segmental revenue of USD 140.9 million owing to huge applicability of robot-assisted surgeries in urology disorders. Congenital abnormalities of reproductive organs can be treated efficiently by using microsurgical robots. Complex procedures such as pyeloplasty can be managed effectively by use of robotic assistance that offers greater precision than laparoscopic pyeloplasty. Employment of microsurgery robot helps reducing recovery time along with prevention of blood loss. These benefits will facilitate accelerating demand for microsurgery robot in urology disorders in forthcoming years, thereby augmenting segmental growth.

Browse Full Report Details @ https://www.gminsights.com/industry-analysis/microsurgery-robot-market

Oncology surgery segment will grow at a momentous rate of 15.7% during the forecast timeframe owing to high pervasiveness of cancer. According to World Health Organization, in 2015, more than 24.6 million people worldwide suffered from cancer. Robotic surgery can be employed for treatment of various cancers such as prostate cancer, colorectal cancer, head and neck cancer. Shorter recovery time and low post-operative complication are few of the advantages offered by robotic-assisted cancer treatment. Such factors will favour segmental growth in recent years.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
 Zimmer Biomet
 Auris Health, Inc
 Intuitive Surgical Devices
 Mazor Robotics
 Medrobotics Corporation
 Medtronic
 Smith & Nephew
 Stryker
 Titan Medical Inc
 TransEnterix, Inc

Hospitals and clinics segment held largest revenue share of 50.7% in 2017. The segmental growth is attributable to growing burden of chronic diseases on healthcare industry. Multi-speciality hospitals offer advanced therapeutic solutions to patients, thereby improving patient outcomes. Affordability of hospitals to buy technologically advanced robotic systems and increasing adoption of minimally invasive surgical procedures will increase demand for microsurgery robot in forthcoming period.


Ambulatory surgical centers segment will grow with a remarkable rate of 14.5% during the forecast timeframe. High growth rate is credited to cost-effective treatment options provided by ambulatory surgical centers. Reduction in length of stay in ambulatory surgical centers is major factor propelling segmental growth. As there is high adoption rate of surgical robots in ambulatory surgical centers for providing minimal invasive surgery, segmental growth will be tremendous in the future.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2814

India microsurgery robot market is forecasted to grow at a rapid rate of 16.3%, owing to escalating rate of chronic and infectious diseases. Increasing healthcare expenditure, R&D activities and growing per-capita income, leading to introduction of newer technological devices and employment of microsurgery robot will contribute to boost industry growth. Moreover, greater usage of technologically advanced robotic equipment for performing wide-array of surgeries will drive revenue generation in India in coming years.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://solutionrocket.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Microsurgery Robot Market Forecast 2019 with Zimmer Biomet , Auris Health, Inc, Intuitive Surgical Devices , Mazor Robotics , Medrobotics Corporation, Medtronic, Smith & Nephew , Stryker here

News-ID: 1547283 • Views: 766

More Releases from Global Market Insights, Inc

How global Crane Market Growing Rapidly...? Top players - Liebherr Group, Terex …
The Crane Market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, size and trends worldwide. Crane Market is expected to exceed USD 28 billion by 2025. The increasing construction spending and the emergence of new public & private infrastructures across the globe
Global Hydraulic Hoist Market 2019 by regional trend & growth forecast to 2025 | …
Global Market Insights has recently added Hydraulic Hoist Market report which mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. The Asia Pacific regional Hydraulic Hoist Market is predicted to have the lion's share, in the entire forecast period. This regional market might cross USD 140.0 million till 2025, at CAGR more than 5.9%. The North America
Pharmacovigilance Outsourcing Market Growth Analysis by Product, Application, In …
U.S. pharmacovigilance outsourcing market dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug reactions
United Rentals | Construction Equipment Rental Market 2024 | Top Manufacturers U …
Construction Equipment Rental Market in Asia Pacific is expected to reach over USD 40 billion by 2024. The emerging trend of the organizations toward renting of heavy construction equipment will have a positive impact toward the industry demand. Rising wage rates in China coupled with the changing consumption patterns are generating a huge demand for the rental machinery. Construction Equipment Rental Market to cross $140 billion by 2024.

All 5 Releases


More Releases for Robot

Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
Global Robot Vacuums Market Research
Global Robot Vacuums Market Research in addition, rising interest for automated vacuum cleaners can be ascribed to expanding center around accommodation and the travel industry areas, particularly in creating nations, combined with expanding tendency towards tidiness and cleanliness in the private segment inferable from less time accessibility for family unit errands because of busier ways of life Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6220 Table of Contents 1 Robot Vacuums Market Overview 1.1 Product Overview
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
Humanoid Robot Market 2017 Research & Development
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Humanoid Robot in these regions, from 2012 to 2022 (forecast) , covering United States EU China Japan South Korea Taiwan For more information about this report at http://www.reportsweb.com/2012-2022-report-on-global-humanoid-robot-market-competition-status-and-forecast-market-size-by-players-regions-type-application Global Humanoid Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Kawada (Japan) (HRP-4) Honda (Japan)
Europe Cleaning Robot Market Report 2016
This report studies sales (consumption) of Cleaning Robot in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Dyson Ltd. Ecovacs Robotics, Inc. Infinuvo iRobot Corporation Koninklijke Philips N.V. LG Electronics, Inc. Neato Robotics, Inc. Samsung Electronics Co., Ltd. Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue,
Robot Technology in the Ascendant
Multi Talent PARO® Juggles with Balls At the shared booth of the Ministry of Economic Affairs and Energy of the State of North Rhine-Westphalia, the PARO® palletising robot demonstrated its skills and flexibility when handling unusual package types: In addition to boxes, also balls were palletised in Hannover this year. The PARO® robot, originally designed for palletising processes at the end of production lines, placed balls onto an air stream at the