openPR Logo
Press release

Microsurgery Robot Market Size Detail Analysis focusing on Key Players like Auris Health, Intuitive Surgical, Mazor Robotics, Medrobotics, Medtronic, Smith & Nephew, Stryker, Titan medical, Transenterix and Zimmer Biomet

04-09-2019 09:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport
Microsurgery Robot Market Size Detail Analysis focusing on Key

The ‘Microsurgery Robot market’ research report framed by Market Study Report, LLC, delivers a thorough analysis of the industry trends influencing the global business scenario. In addition, the report offers definitive information pertaining to the commercialization aspects, revenue estimation, and market size of the industry. The report overtly defines the status of key players in the competitive landscape while including their portfolio and geographical expansion endeavors.

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=Deepak

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=Deepak

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=Deepak

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 Detail Analysis focusing on Key Players like Auris Health, Intuitive Surgical, Mazor Robotics, Medrobotics, Medtronic, Smith & Nephew, Stryker, Titan medical, Transenterix and Zimmer Biomet here

News-ID: 1696139 • Views: 489

More Releases from marketstudyreport.com

Clinical Laboratory Services Market By Regional Trend & Growth Forecast 2019-202 …
Market Study Report recently introduced new title on “Global Carbon Black Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025. The Latin America breast pump market accounted for more than 12% revenue share in 2018 and is assessed to witness a significant CAGR by 2025. This is due to the development in healthcare facilities
Sleep Apnea Devices Market - Growth, Trends, and Forecast (2019 - 2025)
Market Study Report recently introduced new title on “2019-2025 Global Sleep Apnea Devices Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025. Technological advancements in sleep apnea devices is a major market growth augmenting factor. Hypoglossal Nerve Stimulation (HNS), is a completely novel approach for treating obstructive sleep apnea. Moreover, growing alcohol intake in
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Industrial IoT (IIoT) Market trends? Rockwell Automation, ABB …
A detailed study on ‘Industrial IoT (IIoT) Market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors

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