Press release
Microsurgery Robot Market Size Overview by Business Manufactures with Forecast Analysis | Top Manufactures - Auris Health, Intuitive Surgical, Mazor Robotics, Medrobotics, Medtronic, Smith & Nephew, Stryker, Titan medical, Transenterix and Zimmer Biomet
Microsurgery Robot Market will exceed USD 1.7 billion by 2024; as per a new research report.
Increasing demand for microsurgery robots will lead to business growth during the projected timeframe. High demand is attributable to technological advances in microsurgery robots. Better patient management due to automation and employment of cutting-edge microsurgical robots will propel microsurgery robot market growth. For instance, computer aided design and manufacturing (CAM/CAD) system generate precise patient representation and images that guide surgeon during the procedure and improve patient outcome. This will positively impact demand for microsurgery robots, thereby driving industry growth during the forecast period.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1251690/?utm_source=openpr.com&utm_medium=Pravin
Prominent industries involved in microsurgery robot market are Auris Health, Intuitive Surgical, Mazor Robotics, Medrobotics, Medtronic, Smith & Nephew, Stryker, Titan medical, Transenterix and Zimmer Biomet. These prominent business players are focusing on strategic mergers, acquisitions and new product launch to strengthen market position. For instance, in April 2016, Auris Health acquired Hansen Medical, a leading company involved in development of intravascular robotics. This acquisition will enable the Auris Health to expand its product portfolio for long-term growth in future, thereby strengthening its market presence.
Increasing R&D expenditure and government funding for development of innovative microsurgery robots will favor business growth. For instance, in 2015, Welsh government provided ? 312 thousand for setting up microsurgical procedures for lymphatic venous anastomosis (LVA) in London. This procedure reduced chances of cellulitis, thereby providing symptomatic relief to the patients. Aforementioned government funding for development of advanced microsurgery robot and its extensive applications will spur industry growth throughout the forecast timeline.
Oncology segment will show fastest growth rate of 15.7% during the projected timeframe, owing to high prevalence of cancer. According to World Health Organization (WHO), by 2020, approximately 16 million new cancer cases will be diagnosed annually. Use of microsurgical robot for management of cancer offers enhanced view and requires smaller incisions. This increases its adoption rate among surgeons. Wide application of robotic-assisted microsurgery in cancer is major factor for its segmental growth in the future.
Hospitals and clinics segment accounted for largest market share of USD 346.4 million in 2017. Growth is attributed to increased number of individuals seeking robot-assisted microsurgical procedures in hospitals. Growing patient pool coupled with introduction of cutting-edge microsurgical procedures will render positive impact on business growth during the forecast timeframe.
Request a discount on standard prices of this premium report AT: https://www.marketstudyreport.com/check-for-discount/1251690/?utm_source=openpr.com&utm_medium=Pravin
U.S. microsurgery robot market accounted for USD 355.1 million in 2017, owing to increasing incidence of cardiovascular, neurovascular, oncology and other chronic diseases. Increasing prevalence of chronic disease will favor industry growth in the region. Favorable healthcare and reimbursement policies coupled with adoption of technologically advanced microsurgery robots will promote revenue generation in the future.
Germany microsurgery robot market will witness momentous growth rate of 15.3% during the projected timeframe. High growth rate is credited to initiatives taken by the European Union for promoting usage of advanced technologies including robot-assisted microsurgery for healthcare purposes. For instance, European Association of Urology launched Robotic Urology Section. This will lead to high adoption rate of microsurgery robots in urology, thereby favoring business growth throughout the forecast timeline.
More Details on this Report: https://www.marketstudyreport.com/reports/microsurgery-robot-market/?utm_source=openpr.com&utm_medium=Pravin
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: www.marketstudyreport.com
Blog: www.marketstudyreport.com/blog
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 Size Overview by Business Manufactures with Forecast Analysis | Top Manufactures - Auris Health, Intuitive Surgical, Mazor Robotics, Medrobotics, Medtronic, Smith & Nephew, Stryker, Titan medical, Transenterix and Zimmer Biomet here
News-ID: 1570528 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Robot
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
