MICROSURGERY ROBOT MARKET TO BE AT FOREFRONT BY 2028

1. Global Market Study on Microsurgery Robot: APEJ and CIS & Russia Projected to be the Fastest Growing Regional Markets Through 2028 Advancements in technologies and their implementa?on in medical treatments has build-up a new stage to showcase in the last two decades. Microsurgery robots are stealing the spotlight owing minimally invasive nature, high precision and be?er pa?ent outcome. This has led to increasing adop?on of microsurgery robot, robo?c instrument and devices for microsurgeries where precision plays an important role. Reduced pain, blood loss and faster recovery are the further benefits of robo?c surgery luring players in microsurgery robot market. According to a latest research by the company, the global microsurgery robots market is an?cipated to account for over US$ 1,562.9 Mn, in terms of value, by 2028 end. The report on microsurgery robots further projects significant growth poten?al with average year-on-year growth rate pegged at 7.3% through 2028. Microsurgery robots finds the maximum applica?on in urology surgery as it produces superior outcomes than open and laparoscopic urology procedures. In the US, 80% of total radical prostatectomies are performed robo?cally because of its significant outcomes compared to other techniques. Neurosurgery is growing dependency on microsurgery robots due to minimal complica?on and addi?on of high precision. Tracing neurosurgery is reconstruc?ve surgery for the u?liza?on of microsurgery robo?c systems. According to the American Society of Plas?c Surgeons, 5,834,353 reconstruc?ve procedures were performed in the US in 2017. The

2. implementa?on of microsurgery robo?c systems for reconstruc?ve surgeries are pa?ents increasing as newer and improved systems are emerging the microsurgery robo?c surgery market. Microsurgery robo?cs for oncology is expected to grow with maximum CAGR due to promising results and elimina?on of surgeon’s hand tremor, increased flexibility and control. For Detailed Insights On Enhancing Your Product Footprint, Request For A Sample Here  @ https://www.persistencemarketresearch.com/samples/25117 The instrument segment of microsurgery robots market is segmented into three parts as per their func?on and posi?on. This segment dominates as per revenue as it is expensive and is indispensable to conduct a microsurgery robo?c procedure. Accessories are the auxiliary devices a?ached to the main robo?c instrument as per surgical procedures requisite. Accessories segment is expected to grow with high CAGR due to applica?on of various accessories for specialized feature and func?on according to the surgical requirement. Microsurgery robo?c systems are most prevalent in hospitals, however, their adop?on is increasing in ambulatory surgical centers. According to PMR, the hospital segment accounted for over 85% revenue share in the overall microsurgery robot market in 2017. Higher costs of microsurgery robots and limited adop?on among ambulatory surgical centers creates a barrier for u?liza?on of highly complicated robo?c surgery instrumenta?on. However, the growing popularity of microsurgery robot and its crossover success in clinical studies for developing be?er and advancer microsurgery robot and decrease in their price due to compe??on pressure can exponen?ally increase its implementa?on in hospitals and ambulatory surgical centers. To Get Extensive Insights On Key Trends, Request For Customization Here @ h?ps://www.persistencemarketresearch.com/request-customiza?on/25117 North America region is an?cipate to remain most dominant in the global microsurgery robot market. Further, the growing number of manufactures and availability of improved technologies in surgical robo?cs adds to the supremacy of North America in microsurgery robot market. Moreover, Europe microsurgery robot market is es?mated to create incremental opportunity worth approximately US$ 429.9 Mn between 2018 and 2028. APEJ region is forecast to behold most CAGR and poten?al to create a considerable revenue share in global microsurgery robot market. Regional penetra?on of manufactures and increased availability of microsurgery robot is likely to boost the growth of the microsurgery robots market in the APEJ region. Increasing u?liza?on of robo?c systems and rising healthcare expenditure in CIS & Russia is expected to surge the demand for more advanced microsurgery robot. PMR has segmented the global microsurgery robot market into component, applica?ons, end users and region. In terms of revenue, the instruments segment in microsurgery robot will hold significant share over the forecast period. In contrary, the services segment in microsurgery robot market will exhibit limited investment opportuni?es, in terms of revenue, through 2028. The report tracks some of the key companies opera?ng in the microsurgery robots market, such as Intui?ve Surgical, Smith & Nephew plc., Zimmer Biomet, TransEnterix Surgical, Inc., Renishaw plc., Globus Medical, Inc., Stryker, Corindus, Inc., Medtronic Plc.

3. About us: Persistence Market Research (PMR) is a third-pla?orm research firm. Our research model is a unique collabora?on of data analy?cs and market research methodology to help businesses achieve op?mal performance. To support companies in overcoming complex business challenges, we follow a mul?-disciplinary approach. At PMR, we unite various data streams from mul?-dimensional sources. By deploying real-?me data collec?on, big data, and customer experience analy?cs, we deliver business intelligence for organiza?ons of all sizes. About us: Persistence Market Research (PMR) is a third-pla?orm research firm. Our research model is a unique collabora?on of data analy?cs and market research methodology to help businesses achieve op?mal performance. To support companies in overcoming complex business challenges, we follow a mul?-disciplinary approach. At PMR, we unite various data streams from mul?-dimensional sources. By deploying real-?me data collec?on, big data, and customer experience analy?cs, we deliver business intelligence for organiza?ons of all sizes. Contact us: Persistence Market Research 305 Broadway 7th Floor, New York City, NY 10007, United States, USA – Canada Toll Free: +1800-961-0353 Email: sales@persistencemarketresearch.com Web: www.persistencemarketresearch.com