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Europe Micro-Surgical Robot Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component (Instruments and Accessories), Application (Urology Surgery, Plastic Reconstructive Surgery, Ophthalmic Surgery, Neurosurgery, Lymphatic Surgery, ENT Surgery, and Other), and End User (Hospitals and Clinics, Ambulatory Surgical Centers, Research Institutes, and Others)
Market Report I 2022-09-22 I 140 Pages I The Insight Partners
The Europe micro-surgical robot market is expected to grow from US$ 371.71 million in 2022 to US$ 779.69 million by 2028; it is estimated to grow at a CAGR of 11.2% during the forecast period.
The micro-surgical robot market is characterized by the presence of many small and big companies. These companies adopt strategies such as new component launches, regional expansion, and technological advancements to enlarge their market shares. Micro-surgical robots have become safer and more effective than ever with continuous innovations and technological advancements, boosting their acceptance among the masses. Microsure, a company based in the Netherlands, expects to launch its MUSA robot in 2022. MUSA is designed to assist in stabilizing the movement of microsurgeons by filtering tremors and scaling down motions. The robot can maneuver easily with arms that hold (super) microsurgical instruments fitting simply into holders, and it is compatible with traditional surgical microscopes. The MUSA's safety and feasibility in performing microsurgical anastomosis have been validated in preclinical experiments. In October 2020, MMI SpA, an Italian business dedicated to enhancing clinical results for microsurgery patients, launched Symani Surgical System for open microsurgical procedures and won the CE Mark for human usage in Europe; the company also announced the use of this system in humans. In Florence, Italy, the first four robotic surgeries were completed successfully, comprising three challenging post-traumatic lower limb reconstructions and a post-oncological pharyngeal reconstruction. The active participation of market players in component innovation and development activities, followed by increased component approvals by regulatory bodies, are likely to fuel the growth of the micro-surgical robot market in the coming years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe micro-surgical robot market. The Europe micro-surgical robot market is expected to grow at a remarkable CAGR during the forecast period.
Europe Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
Europe Micro-Surgical Robot Market Segmentation
The Europe micro-surgical robot market is segmented based on component, application, end user, and country. Based on component, the Europe micro-surgical robot market is divided into instruments and accessories. The instruments segment dominated the Europe micro-surgical robot market in 2022. Based on application, the Europe micro-surgical robot market is categorized into urology surgery, plastic reconstructive surgery, ophthalmic surgery, neurosurgery, lymphatic surgery, ENT surgery, and other. The urology surgery segment dominated the Europe micro-surgical robot market in 2022. Based on end user, the Europe micro-surgical robot market is categorized into hospitals and clinics, ambulatory surgical centers, research institutes, and others. The hospitals and clinics segment dominated the Europe micro-surgical robot market in 2022. Based on country, the Europe micro-surgical robot market is segmented into Germany, UK, France, Italy, Spain, and Rest of Europe. Germany dominated the Europe micro-surgical robot market in 2022.
MMI SPA; Microsure B.V; Stryker Corporation; Intuitive Surgical; Medtronic; Ethicon (Johnson & Johnson Services, Inc.); Asensus Surgical, Inc.; and Zimmer Biomet by Altair are among the leading companies in the Europe micro-surgical robot market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Micro-Surgical Robot Market - By Component
1.3.2 Europe Micro-Surgical Robot Market - By Application
1.3.3 Europe Micro-Surgical Robot Market - By End User
1.3.4 Europe Micro-Surgical Robot Market - By Country
2. Europe Micro-Surgical Robot Market- Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Micro-Surgical Robot Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe - PEST Analysis
4.3 Europe Expert Opinion
5. Europe Micro-Surgical Robot Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Popularity of Minimally Invasive Surgical Procedures
5.1.2 Benefits of Robotic Surgeries in Terms of Accuracy, Repeatability, Control, and Efficiency
5.2 Market Restraints
5.2.1 High Price of Micro-Surgical Robots
5.3 Future Trends
5.3.1 Technological Developments in Further Miniaturization of Micro-Surgical Robots
5.4 Market Opportunities
5.4.1 Increase in Number of Product Launches and Approvals
5.5 Impact Analysis
6. Micro-Surgical Robot Market- Europe Analysis
6.1 Europe Micro-Surgical Robot Market Revenue Forecast and Analysis
7. Europe Micro-Surgical Robot Market - by Component
7.1 Overview
7.2 Europe Micro-Surgical Robot Market, By Component, 2022 & 2028 (%)
7.3 Instruments
7.3.1 Overview
7.3.2 Instruments: Micro-Surgical Robot Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Accessories
7.4.1 Overview
7.4.2 Accessories: Micro-Surgical Robot Market Revenue and Forecasts to 2028 (US$ Million)
8. Europe Micro-Surgical Robot Market - by Application
8.1 Overview
8.2 Europe Micro-Surgical Robot Market Share by Application - 2022 & 2028 (%)
8.3 Urology Surgery
8.3.1 Overview
8.3.2 Urology Surgery: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
8.4 Plastic Reconstructive Surgery
8.4.1 Overview
8.4.2 Plastic Reconstructive Surgery: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
8.5 Ophthalmic Surgery
8.5.1 Overview
8.5.2 Ophthalmic Surgery: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
8.6 Neurosurgery
8.6.1 Overview
8.6.2 Neurosurgery: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
8.7 Lymphatic Surgery
8.7.1 Overview
8.7.2 Lymphatic Surgery: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
8.8 ENT Surgery
8.8.1 Overview
8.8.2 ENT Surgery: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
8.9 Other
8.9.1 Overview
8.9.2 Other: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Micro-Surgical Robot Market - by End User
9.1 Overview
9.2 Europe Micro-Surgical Robot Market Share by End User - 2022 & 2028 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
9.4 Ambulatory Surgical Centers
9.4.1 Overview
9.4.2 Ambulatory Surgical Centres: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
9.5 Research Institutes
9.5.1 Overview
9.5.2 Research Institutes: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Micro-Surgical Robot Market Revenue and Forecast to 2028 (US$ Million)
10. Europe Micro-Surgical Robot Market - by Country Analysis
10.1 Europe: Micro-Surgical Robot Market
10.1.1 Overview
10.1.2 Europe: Micro-Surgical Robot Market, by Country, 2022 & 2028 (%)
10.1.2.1 Germany: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Germany: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.3 Germany: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.4 Germany: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.5 Germany: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.1.2.2 France: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 France: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.3 France: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.4 France: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.5 France: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.1.2.3 UK: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 UK: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.3 UK: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.4 UK: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.5 UK: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.1.2.4 Italy: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 Overview
10.1.2.4.2 Italy: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.3 Italy: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.4 Italy: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.5 Italy: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.1.2.5 Spain: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 Overview
10.1.2.5.2 Spain: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.3 Spain: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.4 Spain: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.5 Spain: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.1.2.6 Rest of Europe: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Overview
10.1.2.6.2 Rest of Europe: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.3 Rest of Europe: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.4 Rest of Europe: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.5 Rest of Europe: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
11. Micro-Surgical Robot Market -Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Micro-Surgical Robot Market, 2019-2021
11.3 Organic Developments
11.3.1 Overview
11.4 Developments
11.4.1 Overview
12. Company Profiles
12.1 MMI SPA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Microsure B.V.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Stryker Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Intuitive Surgical
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Medtronic
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Ethicon (Johnson & Johnson Services, Inc.)
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Asensus Surgical, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Zimmer Biomet
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 7. UK: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 13. Spain: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 14. Spain: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 15. Spain: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of Europe: Micro-Surgical Robot Market, by Component - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: Micro-Surgical Robot Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Micro-Surgical Robot Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 19. Recent Organic Developments in the Micro-Surgical Robot Market
Table 20. Glossary of Terms
LIST OF FIGURES
Figure 1. Europe Micro-Surgical Robot Market Segmentation
Figure 2. Europe Micro-Surgical Robot Market Segmentation, By Country
Figure 3. Europe Micro-Surgical Robot Market Overview
Figure 4. Instruments Segment Held Largest Share by Component in Micro-Surgical Robot Market
Figure 5. Germany Country is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Europe: PEST Analysis
Figure 7. Europe Impact Analysis
Figure 8. Europe Micro-Surgical Robot Market- Revenue Forecast and Analysis - 2020- 2028
Figure 9. Europe Micro-Surgical Robot Market, by Component, 2022 & 2028 (%)
Figure 10. Europe Instruments: Micro-Surgical Robot Market Revenue and Forecasts to 2028 (US$ Million)
Figure 11. Europe Accessories: Micro-Surgical Robot Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. Europe Micro-Surgical Robot Market Share by Application - 2022 & 2028 (%)
Figure 13. Europe Urology Surgery: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 14. Europe Plastic Reconstructive Surgery: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 15. Europe Ophthalmic Surgery: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 16. Europe Neurosurgery: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 17. Europe Lymphatic Surgery: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 18. Europe ENT Surgery: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 19. Europe Other: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 20. Europe Micro-Surgical Robot Market Share by End User - 2022 & 2028 (%)
Figure 21. Europe Hospitals and Clinics: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 22. Europe Ambulatory Surgical Centers: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 23. Europe Research Institutes: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 24. Europe Others: Micro-Surgical Robot Market Revenue and Forecasts To 2028 (US$ Million)
Figure 25. Europe: Micro-Surgical Robot Market, by Key Country - Revenue (2022) (US$ Million)
Figure 26. Europe: Micro-Surgical Robot Market, by Country, 2022 & 2028 (%)
Figure 27. Germany: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. France: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Italy: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Spain: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Europe: Micro-Surgical Robot Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Growth Strategies in the Micro-Surgical Robot Market, 2019-2021
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