Transrectal Ultrasound Market | 2020 Global Industry Forecast by Size, Share, Trends and Growth Forecast to 2025, is latest depth analysis research report published on Global Transrectal Ultrasound Market By Product (Systems, Transducers), Type (Cart/Trolley Based, Portable), Application (Diagnostic, Image-guided Treatment), End User (Diagnostic Laboratories, Hospitals) and Regional Forecast, 2018 – 2025.
Transrectal Ultrasound Market 2020 report offers a detailed analysis and information as per Transrectal Ultrasound manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
Transrectal Ultrasound Companies Analyzed In Report:
Medtronic, Accuray Incorporated, Intuitive Surgical, Inc., Stryker Corporation, sVerb Surgical Inc., Zimmer Biomet, Smith & Nephew, CMR Surgical Ltd., Avatera Medical GmbH.
Transrectal Ultrasound Market Analysis:
The increasing geriatric population and the prevalence of various chronic and acute diseases are factors promoting the Transrectal Ultrasound market growth. In addition to this, the advent of technological advancement in the medical sector such as real-time monitoring, artificial intelligence, and others are also adding impetus to the market. This, coupled with the increasing disposable incomes of people and their willingness to spend on minimally invasive surgeries is likely to help the market gain momentum in the coming years.
On the flip side, the high cost of setting up robotic systems is likely to pose challenges to the market in the coming years. Nevertheless, the advent of new applications in robot-assisted surgeries in fields such as orthopedics, neurology, gynecology, and others are expected to create lucrative growth opportunities for the market in the coming years.
Based on segmentation by type, the gynecology segment held the largest Transrectal Ultrasound market share in the market owing to its success rate and increasing popularity. In 2017, this segment earned 28.7%. However, the oncology segment is likely to rise at a rapid pace on account of the new product launches for orthopedic procedures.
Regionally, North America earned a revenue of USD 3,070.7 million in 2017 and emerged dominant. This is attributable to the rising application areas of surgeries assisted by robots and its increasing popularity in the developed nations such as the United States and Canada. This, coupled with reimbursement policies offered by the governments are likely to help this region continue dominating the market in the coming years. On the other side, improving healthcare facilities and the adoption of surgical robots in the developing nations of China and India are likely to help Asia Pacific market witnessed significant growth in the coming years.
The global Transrectal Ultrasound market was dominated by Intuitive Surgical Inc. in 2017 owing to its high installed base in the United States along with other European nations. Additionally, this company is focusing on gaining approvals for new areas of application for the da Vinci surgical system. Other players are investing significantly in getting approvals for their digital surgical solutions from the FDA.
Highlights of the Report
Elaborative overview of the industry outlook;
360-degree analysis of the factors driving and restraining the market;
Careful study of the different market segments; and
Detailed research into the regional and competitive dynamics influencing the market growth.
Regional Market Overview:
Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Competitive Analysis:
The Facial Injectable Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter's five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
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