Press release
Microsurgery Robot Market is Projected to Reach a Value of US$ 2,373.8 Million at a CAGR of 7.3% by 2034
Microsurgery Robot Market
The growth of microsurgical robot market is fueled by the increasing need for minimally invasive surgical procedures and advantages of robotic surgeries in terms of precision, consistency, control, and efficacy. The growth of microsurgery robot market is hindered by the expensive nature of micro-surgical robots and poor reimbursement terms.
Get Free Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9566
Robot systems are economically favored by high-level robotics and mechatronics research and development. They have paved the way for the further development of such complex therapies, promoting microsurgery robot manufacturers to invest resources in research and development and contribute to medical science with robotic technology.
The demand for less invasive surgical interventions and increased healthcare professionals' awareness of the benefits drive market growth for microsurgery robot in North America. Europe is witnessing a significant increase in the microsurgery robot market due to a well-developed healthcare system and a strong research and development focus on medical technology. The high patient population in the region and greater emphasis on precision medicine drive the market opportunity for microsurgery robots in the Asia Pacific.
Key Takeaways
The urology segment in the product category to capture a share of 26.0% by 2034.
In the end user category, the hospital segment to gain a share of 65.8% by 2034.
The oncology segment in the product category to register a CAGR of 8.9% during 2024-2034.
In the end user category, the hospital segment to grow at a CAGR of 7.6% during 2024-2034.
In the component segment, the instrument segment to grow to share 83.8% in 2034.
The accessory segment in the component segment to grow at an 8.1% CAGR during the period 2024-2034.
United States microsurgery robot market is expected to grow at a CAGR of 4.3% between 2024 and 2034.
Canada microsurgery robot sales to grow at a CAGR of 3.7% between 2034.
Mexico microsurgery robot market is projected to grow at a CAGR of 2.7% during 2024-2034.
China's microsurgery robot market is projected to grow at a CAGR of 9.9% until 2034.
South Korea microsurgery robot market is projected to grow at a CAGR of 8.4% during 2024-2034.
Japan microsurgery robot sales are projected to grow at a CAGR of 7.7% until 2034.
"Increasing demand for less invasive procedures and advances in surgical technology are likely to drive the growth of the microsurgery robot market. Increased applications, reduced invasiveness, and enhanced accuracy, are the key drivers of microsurgery robot market growth." opines an analyst
Major Companies Covered in This Report
Intuitive Surgical
Stryker
Medtronic Plc.
Zimmer Biomet
Globus Medical, Inc.
Smith & Nephew plc
Corindus, Inc.
Renishaw plc
TransEnterix Surgical, Inc.
Competitive Landscape
Many microsurgery robot manufacturers hold major market shares, creating a globalized fragmented market. Major microsurgery robot suppliers are closely monitoring recent market trends to enhance their opportunities for expansion.
Latest Developments
SS Innovations' acquisition of Avra Medical Robotics, an American entity, in November 2022 was meant to propagate its surgical robot devices worldwide.
Accelus is a medical technology firm that is privately owned and specializes in establishing minimally invasive surgery (MIS) as the standard of care for a medical condition. In November 2022, the United States FDA approved a revision of its Remi Robotic Navigation System software, which enables surgeons to use robotic assistance in placing pedicle screws while performing lumbar spine fixation.
Browse Full Report: https://www.factmr.com/report/microsurgery-robot-market
Country-wise Insights
By 2034, the market for microsurgery robots in North America will increase at an annual growth rate of 4.3%. The primary reason for the rise is the increasing need for microsurgery robots in developed countries, specifically the United States and Canada. In 2034, the United States will dominate the market share for microsurgery robots at 90.7%, which will be leading the world.
East Asian microsurgery robot market projected to record a CAGR of 8.7% until 2034. By 2034, China is set to achieve a market share of 44.1% in East Asia for microsurgery robots and be the largest player.
Check out More Related Studies Published by Fact.MR:
Diabetes Diagnostics Market
https://www.factmr.com/report/5446/diabetes-diagnostics-market
Microbiology Culture Market
https://www.factmr.com/report/microbiology-culture-market
Sterile Medical Packaging Market
https://www.factmr.com/report/sterile-medical-packaging-market
Autotransfusion Systems Market
https://www.factmr.com/report/autotransfusion-systems-market
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
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 is Projected to Reach a Value of US$ 2,373.8 Million at a CAGR of 7.3% by 2034 here
News-ID: 3951337 • Views: …
More Releases from Fact.MR
Silicon Anode Slurries Market Forecast 2026-2036: Market Size, Share, Competitiv …
The global silicon anode slurries market is set for significant expansion between 2026 and 2036, fueled by the rising adoption of high-energy-density lithium-ion batteries across electric vehicles (EVs), consumer electronics, and grid-scale energy storage. As battery manufacturers increasingly transition from graphite to silicon-enhanced anodes, the demand for high-performance, scalable silicon anode slurries is projected to grow sharply.
To access the complete data tables and in-depth insights, request a Discount On The…
Silicon Anode Slurries Market Forecast 2026-2036: Market Size, Share, Competitiv …
The global silicon anode slurries market is set for significant expansion between 2026 and 2036, fueled by the rising adoption of high-energy-density lithium-ion batteries across electric vehicles (EVs), consumer electronics, and grid-scale energy storage. As battery manufacturers increasingly transition from graphite to silicon-enhanced anodes, the demand for high-performance, scalable silicon anode slurries is projected to grow sharply.
To access the complete data tables and in-depth insights, request a Discount On The…
Low-Siloxane Cleanroom Wall Coatings Market Deep-Dive 2026-2036: Strategic Forec …
The low-siloxane cleanroom wall coatings market is poised for steady growth over the next decade, driven by rising contamination-control requirements across semiconductor, pharmaceutical, biotechnology, and precision manufacturing industries. These coatings are specifically engineered to minimize siloxane outgassing and volatile organic compound emissions, helping maintain ultra-clean environments where even trace contamination can disrupt production quality.
By 2036, the market for low-siloxane cleanroom wall coatings is expected to grow to USD 91.04 million.…
Low-Siloxane Cleanroom Wall Coatings Market Deep-Dive 2026-2036: Strategic Forec …
The low-siloxane cleanroom wall coatings market is poised for steady growth over the next decade, driven by rising contamination-control requirements across semiconductor, pharmaceutical, biotechnology, and precision manufacturing industries. These coatings are specifically engineered to minimize siloxane outgassing and volatile organic compound emissions, helping maintain ultra-clean environments where even trace contamination can disrupt production quality.
By 2036, the market for low-siloxane cleanroom wall coatings is expected to grow to USD 91.04 million.…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
