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Piezoelectric Motor Market: Medical Device Manufacturers Shifting from Electromagnetic Motors to Piezoelectric Motors|| Key Players: attocube systems AG, Physik Instrumente (PI) GmbH & Co. KG, Nanomotion Inc., PiezoMotor Uppsala AB

03-13-2019 08:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Piezoelectric Motor Market: Medical Device Manufacturers

In order to dissert the market scenario prevailing across the Piezoelectric Motor Market sector, Fact.MR has evenly presented a new examination titled “Piezoelectric Motor Market”, to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the “Piezoelectric Motor market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

The piezoelectric motor market is likely to witness moderate growth, with global demand surpassing 2,000 million units in 2018. Small, compact, and greater torque and force are the key factors driving demand for piezoelectric motors.

With the development of new devices and equipment in various industries, the application of piezoelectric motors has increased in the micro positioning stages in various industries. The demand is growing in manufacturing process control, camera autofocus, semiconductor test equipment, robotic positioning, point level sensors, and ultrasonic cleaners.

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Medical equipment and device manufacturers are rapidly moving towards using piezoelectric motors as compared to electromagnetic motors. Piezoelectric motors are finding a wide application across medical devices including surgical devices, 3D scanners, MRI compatible robotics, ultrasonic emitters, drug delivery devices, laser beam steering, and devices used in dermatology, cosmetology, and ophthalmology.

The rise in miniaturization of devices and need for speed, force, and accuracy in devices with micrometer and nanometer range is driving the demand for piezo linear motors. Moreover, the rise in the new medical device development and approval is resulting in the increasing piezoelectric motors sales. For instance, the US Food and Drug Administration in 2018 approved more than 40 medical devices.

The piezoelectric motor market is segmented based on the type, end-use industry, and operating force/torque. For better understanding, all the major segments in the piezoelectric motor market are bifurcated into the sub-segments.

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On the basis of type, the piezoelectric motor market is segmented into Standard LPM, Non?magnetic LPM, Vacuum LPM, Standard RPM, Non?magnetic RPM, and Vacuum RPM. Based on the end-use industry the piezoelectric motor is bifurcated into Medical and Lab Automation Equipment, Micro positioning stages, Automotive, Aerospace and Defense, Optics and Photonics, Robotics and Factory Automation, and Instrumentation.

The healthcare sector in North America is rapidly growing with the launch of new medical devices and equipment. With the improvement in high speed laser scanning and other medical devices, manufacturers are increasingly choosing piezoelectric motors. Owing to the increasing demand from medical equipment manufacturers, latest piezoelectric motors are being developed, among new designs, piezoelectric stepper motor and ultrasonic piezoelectric linear motors are finding large application in medical equipment.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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