Technavio
Announces the Publication of its Research Report Global Urology Robotic SurgeryMarket 2016-2020
Technavio recognizes
the following companies as the key players in the global urology robotic
surgery market: Intuitive Surgical, Titan Medical, and Trans Enterix.
Commenting on the report, an analyst from Technavio’s team said: “The market has been witnessing a development in the use of low-cost robotic surgical systems, which is expected to change the market dynamics in the future. One of the reasons for low penetration rates in the market is the high cost of robotic surgical systems. Therefore, emerging competitors are currently focusing on developing cost-effective robotic systems and are likely to challenge the dominance of established vendors by providing greater affordability and technological innovation.”
Commenting on the report, an analyst from Technavio’s team said: “The market has been witnessing a development in the use of low-cost robotic surgical systems, which is expected to change the market dynamics in the future. One of the reasons for low penetration rates in the market is the high cost of robotic surgical systems. Therefore, emerging competitors are currently focusing on developing cost-effective robotic systems and are likely to challenge the dominance of established vendors by providing greater affordability and technological innovation.”
According to
the report, the robotic platform in lease is a business strategy used by the
company to penetrate in the emerging markets. There is an increase in adoption
of robotic platform under lease programs in APAC. In North Americas and Europe,
the number of leasing agreements are increasing as many end users are
purchasing the equipment. Leasing robotic platform is cost effective for end
users which is boosting the market growth.
Further, the report states that the market has been witnessing low penetration rates, owing to less awareness among end-users, lack of skilled surgeons, and regulatory bodies concerns related to the safety of robotic surgical procedures. For instance, the penetration rate of urology robotic surgeries stood at only 25-28% in Western Europe, and 32-35% in other developed countries (includes Japan, Australia, South Korea, and Canada).
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470059
Further, the report states that the market has been witnessing low penetration rates, owing to less awareness among end-users, lack of skilled surgeons, and regulatory bodies concerns related to the safety of robotic surgical procedures. For instance, the penetration rate of urology robotic surgeries stood at only 25-28% in Western Europe, and 32-35% in other developed countries (includes Japan, Australia, South Korea, and Canada).
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470059
About Urology Robotic Surgery
Robotic or
computer-assisted surgery was primarily developed to help doctors perform
minimally invasive surgery - operations carried out through a small incision in
the skin and requiring little to no stitches or staples to close. In robotic
surgery, doctors precisely manipulate miniature tools attached to a robotic arm
using a console and video monitor, instead of directly operating on a patient.
Technavio’s analysts forecast the global urology robotic surgery market to grow at a CAGR of 11.34% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global urology robotic surgery market for 2016-2020. To calculate the market size, the report considers the revenue generated from robotic surgical systems, instruments, accessories, and service support to key end-users such as hospitals and ambulatory surgical centers (ASC's).
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Urology Robotic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Intuitive Surgical
• Titan Medical
• TransEnterix
Market driver
• Limitations in traditional/conventional surgeries fuels adoption of robotic surgical platforms
• For a full, detailed list, view our report
Market challenge
• High maintenance and equipment cost of robotic platform
• For a full, detailed list, view our report
Market trend
• Growing focus toward development of low-cost robotic surgical systems
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Technavio’s analysts forecast the global urology robotic surgery market to grow at a CAGR of 11.34% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global urology robotic surgery market for 2016-2020. To calculate the market size, the report considers the revenue generated from robotic surgical systems, instruments, accessories, and service support to key end-users such as hospitals and ambulatory surgical centers (ASC's).
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Urology Robotic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Intuitive Surgical
• Titan Medical
• TransEnterix
Market driver
• Limitations in traditional/conventional surgeries fuels adoption of robotic surgical platforms
• For a full, detailed list, view our report
Market challenge
• High maintenance and equipment cost of robotic platform
• For a full, detailed list, view our report
Market trend
• Growing focus toward development of low-cost robotic surgical systems
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table
of content: https://marketreportscenter.com/reports/470059/global-urology-robotic-surgery-market-2016-2020#toc
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