Press release
Robot Assisted PCI Market Growth Set to Surge Significantly During 2019 - 2027
Percutaneous Coronary Intervention (PCI) is a non-surgical procedure for the implantation of stent using a catheter to treat obstructive coronary artery disease and open up blocked or narrowed blood vessels. Robot assisted intervention offers several advantages over the conventional procedure. It reduces operator radiation exposure, thus lowering the chances of orthopedic injury and operator fatigue.
CorPath 200 manufactured by Corindus, Inc. was the first system to receive FDA approval in 2012 for the treatment of coronary artery disease (CAD)
Obtain Report Details @ https://www.transparencymarketresearch.com/robot-assisted-pci-market.html
Key Drivers and Restraints of Robot Assisted PCI Market
Remote-controlled robotic-enhanced percutaneous coronary intervention (PCI) device was developed to improve procedural outcomes as well as ergonomics. This device does not lead to increased fluoroscopy duration, radiation, or contrast media exposure to patients.
Coronary heart disease (CHD) is the most common heart disease accounting for over 370,000 deaths annually in the U.S. An estimated 92.1 million adults in the country have, at least, one type of cardiovascular disease. It is projected that by 2030, 43.9% of the U.S. adult population will have some form of cardio vascular disease (CVD). In 2010, approx. 954,000 inpatient PCI procedure were performed in the U.S.
Percutaneous Coronary Intervention (PCI) has been replacing the Coronary Artery Bypass Graft Surgery (CABG) for the treatment of heart diseases due to relative benefits of PCI over CABG, such as non-invasiveness of procedures and faster patient recovery. The advent of robot assisted surgery and its combined features, including minimally invasive approach and additional benefits will boost the market growth during the forecast period.
High cost of robot assisted PCI systems may hinder market expansion. The initial cost of CorPath GRX, which is a product of Corindus, Inc., costs approximately US$ 650,000, along with additional US$ 650 – US$ 750 single use or disposable accessories.
PCI needs special cardiac cauterization suites or cath lab equipped with X-ray capability and trained personnel to operate robot assisted systems. Moreover, lack of skilled cardiologists is restraining market growth. Future generation interventional cardiologists need hands-on trainings to operate technologically advanced devices. Tele-mentoring is also used in surgery and other fields of medicine. It helps medical centers in underprivileged areas where education in interventional cardiology is lacking.
Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=72660
Robotic System Product Type Segment to Witness High Demand
Based on product type, the global robot assisted PCI market can be divided into robotic system and accessories
In July 2019, Corindus, Inc. announced that Albert Einstein Jewish Hospital (Brazil) has become the first hospital in South America to install their CorPath GRX System for robotic assisted percutaneous coronary intervention (PCI). With this installation, the company has expanded its business in South America.
Hospital End-use Industry Segment Offers Significant Growth Potential
In terms of end-use industry, the global robot assisted PCI market can be divided into hospital and CATH lab
The hospital end-use industry segment is likely to hold a significant share of the robot assisted PCI market during forecast period. As of December 31, 2018, Corindus, Inc. has installed 48 CorPath GRX systems in hospitals across the U.S. and four at international locations.
Hospitals with cath lab rooms, which perform PCI and pulmonary vein isolation (PVI) procedures are potential users of CorPath Systems
In February 2017, Corindus, Inc. signed a strategic distribution agreement with Japan Medicalnext Co., Ltd., a wholly owned entity of MC Healthcare, Inc., a subsidiary of Mitsubishi Corporation and a prominent supplier of medical devices in Japan, for the distribution of its systems in the country.
Request for TOC @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=72660
Asia Pacific to Lead the Global Robot Assisted PCI Market
In terms of region, the global robot assisted PCI market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific is likely to witness the maximum demand for robot assisted PCI from 2019 to 2027.
In 2017, the CorPath GRX system was installed in Fu Wai Hospital, the largest hospital of China. This is the first installation of the next-generation CorPath System outside of the United States. Following this, the Department of Cardiology at the Fu Wai Hospital has performed its first robot assisted PCI procedure in Asia.
Japan performs nearly 250,000 PCI procedures annually and represents a major market for PCI worldwide. With the approval of Pharmaceutical and Medical Device Agency (PMDA) in 2018, CorPath GRX is also available in Japan for vascular robotic program and offers patients the benefits of robotic assisted PCI.
Corindus, Inc. is likely to continue to distribute its products through their former exclusive worldwide distributor Philips Medical Systems Nederland B.V. They also have additional agreements in place with distribution and/or agent partners globally, including in India, Australia, New Zealand, and few countries located in the Middle East, Southeast Asia, and Europe.
In 2019, Robocath received CE approval for its robotic assisted solution, R-One robotic device, for the treatment of coronary disease. This will enable the company to distribute its products in Europe and the Middle East.
Key Manufacturers Operating in Global Market
Key manufacturers operating in the global robot assisted PCI market are:
Corindus, Inc.
Robocath
Global Robot Assisted PCI Market: Research Scope
Global Robot Assisted PCI Market, by Product Type
Robotic System
Accessories
Global Robot Assisted PCI Market, by End-use Industry
Hospital
Cath Lab
Contact Us
Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
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 Robot Assisted PCI Market Growth Set to Surge Significantly During 2019 - 2027 here
News-ID: 1848440 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for PCI
Analog control via PCI/PCI Express with electrical isolation
Maisach/Munich/Germany. With the analog output modules MDA16-2i/-4i/-8i, the manufacturer of measurement technology BMC Messsysteme GmbH (bmcm) launches a module series for isolated, analog control via the PCI or PCI Express bus.
If for the control of power supplies, frequency converters, or engines - potential differences between two circuits can lead to sudden discharges and cause heavy damages. Galvanic isolation is the solution here.
With the new plug-on modules MDA16-2i, MDA16-4i, and MDA16-8i…
eProcessing Network Certified as PCI Compliant
eProcessing Network, LLC, the leading independent payment gateway and software development company in the electronic payment processing industry, announced today that it has successfully completed its annual compliance audit and has been re-certified according to the PCI DSS 1.2 Standard.
The audit was conducted by Trustwave, the leading provider of on-demand data security and payment card industry compliance management solutions to businesses and organizations throughout the world. The audit…
eRevMax receives PCI compliance certification
London/ Kolkata, December 10, 2009 – eRevMax has received Payment Card Industry Data Security Standard (PCI DSS) certification from the PCI Security Standards Council, proving the presence of secure and robust systems within the eRevMax portfolio.
The company has ensured its products are compliant with international security best practices and principles which further prove its standing in the industry as a provider of premium quality and secure services. eRevMax has implemented…
Measuring via PCI-Express
Maisach/Munich/Germany. With the PCIe-BASE, BMC Messsysteme GmbH (bmcm) is one of the first few manufacturers of measurement technology to come out with a competitive data acquisition card for the PCI Express interface.
PCI Express (Peripheral Component Interconnect Express), "PCIe" for short, is a PC interface allowing for the communication of peripheral components with the master processor of the PC. In the long term, PCIe will replace the PCI slots in…
Fanless Intel Atom Embedded Computer Offers Wide Power Input Range, Extended Ope …
(Taipei, Taiwan - May 12, 2009) Lanner Electronics, Inc., a leading designer and ODM manufacturer of advanced embedded computing platforms for commercial and industrial applications, today announced the release of the Lanner LUGE LEC-2010 – a small form factor, fanless embedded system based on the Intel® Atom™ processor designed for a broad range of industrial and mobile computing applications.
The LEC-2010 expands on Lanner’s growing line of Atom-based small form…
Kontron KISS PCI 759: Multi-core industrial servers for PICMG 1.0 based PCI/ISA …
Eching, Germany, May 29, 2008 – Today, Kontron announced its latest range of 2U and 4U KISS industrial servers that bring Intel® Core™2 Duo processor performance to PICMG 1.0 based PCI/ISA applications. These long term available, ultra quiet ( < 35 dB) industrial servers are especially designed for applications that require high data processing performance without the need for high-speed PCI Express features.
Designed around the Intel® 945G chipset with…
