Robotic Catheterization System Market 2021 Global Industry Share, Size, Future Demand, Global Research, Key Players, Emerging Trends, Region by Forecast to 2027 - Smith & Nephew, Corindus Vascular Robotics, Siemens, Angio Dynamics

The Robotic Catheterization System Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Robotic Catheterization System Market Size is Projected to Reach at a CAGR of 6% during 2021-2027.

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Market Overview:

Increasing demand from developed regions has concentrated the market in one place. The U.S. is a significantly large market and accounts for a high number of robotic catheterization procedures. Corindus Vascular Robotics Inc., a subsidiary of Siemens AG, has operations only in the U.S. The company generated US$ 8 Mn in 2018, with sales solely in the country. Additionally, the company holds a monopoly in PCI robotic catheterization systems. The key players in the robotic catheterization systems market offer their portfolios in developed regions, mainly attributable to growing awareness about percutaneous coronary intervention, robotic catheterization procedures, and coronary artery diseases (CADs). The market is still largely in its infancy, with a relatively small installed base. However, the growing adoption of robotic catheterization systems by surgeons and potential leverage to operators in reducing the radiation exposure are favouring demand from end-users.

Top Leading Companies:

Smith & Nephew, Corindus Vascular Robotics, Siemens, Angio Dynamics, Galil Medical, Olympus, CONMED, AtriCure

Recent Development:

Smith & Nephew has acquired 33 companies, including 8 in the last 5 years. A total of 8 acquisitions came from private equity firms. It has also divested 4 assets. Smith & Nephew’s largest acquisition to date was in 2014 when it acquired ArthroCare for $1.5B. Its largest disclosed sale occurred in 2016 when it sold Smith & Nephew - Gynecology Business to Medtronic for $350M. Smith & Nephew has acquired in 10 different US states, and 9 countries. The Company’s most targeted sectors include medical products (69%) and life science (10%).

Siemens has acquired 54 companies, including 19 in the last 5 years. A total of 19 acquisitions came from private equity firms. It has also divested 22 assets. Siemens’ largest acquisition to date was in 2015 when it acquired Dresser-Rand Group for $7.8B. Its largest disclosed sale occurred in 2014 when it sold Sivantos Group to EQT Holdings AB for $2.4B. Siemens has acquired in 12 different US states, and 12 countries. The Company’s most targeted sectors include software (46%) and information technology (9%).

Robotic Catheterization System Market Segmentation by Type:

Single-specialty Systems
Multi- specialty Systems

Robotic Catheterization System Market Segmentation by Application:

Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Others

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North America Dominates the Market:

North America preserves its preeminence in the robotic catheterization systems market. However, gradual approvals to robotics for healthcare applications stood as a major roadblock facing the North American market. Since cardiovascular disorders (CVDs) remain the leading cause of mortality in the U.S. and around half of the elderly continue to complain of some kind of CVD, Centers for Medicare and Medicaid Services (CMS) are providing reimbursements for peripheral access procedures, such as inserting port or a catheter into a large central artery that is within the purview of heart. Incidents of congestive heart failure increased by 5-10%, while that of acute myocardial infarction surged by 15-20% in 2017. Market in North America thus witnessed a sudden spike in revenues post-2017, as FDA approvals gathered momentum.

Regional Robotic Catheterization System Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Robotic Catheterization System Market Report:

Detailed overview of Robotic Catheterization System Market
Changing the Robotic Catheterization System market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Robotic Catheterization System market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Robotic Catheterization System Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Robotic Catheterization System Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Robotic Catheterization System industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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