Europe Micro-Surgical Robot Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

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)


No. of Pages: 140    |    Report Code: BMIRE00026165    |    Category: Life Sciences

Europe Micro-Surgical Robot Market
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   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 Revenue and Forecast to 2028 (US$ Million) 
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Europe Micro-Surgical Robot Strategic Insights

Strategic insights for the Europe Micro-Surgical Robot provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Micro-Surgical Robot Report Scope

Report Attribute Details
Market size in 2022 US$ 371.71 Million
Market Size by 2028 US$ 779.69 Million
Global CAGR (2022 - 2028) 11.2%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Component
  • Instruments
  • Accessories
By Application
  • Urology Surgery
  • Plastic Reconstructive Surgery
  • Ophthalmic Surgery
  • Neurosurgery
  • Lymphatic Surgery
  • ENT Surgery
By End User
  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Research Institutes
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • MMI SPA
  • Microsure B.V
  • Stryker Corporation
  • Intuitive Surgical
  • Medtronic
  • Ethicon (Johnson & Johnson Services, Inc.)
  • Asensus Surgical, Inc.
  • Zimmer Biomet
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    Europe Micro-Surgical Robot Regional Insights

    The geographic scope of the Europe Micro-Surgical Robot refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    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.

    The List of Companies - Europe Micro-Surgical Robot Market

    1. MMI SPA
    2. Microsure B.V
    3. Stryker Corporation
    4. Intuitive Surgical
    5. Medtronic
    6. Ethicon (Johnson & Johnson Services, Inc.)
    7. Asensus Surgical, Inc.
    8. Zimmer Biomet
    Frequently Asked Questions
    How big is the Europe Micro-Surgical Robot Market?

    The Europe Micro-Surgical Robot Market is valued at US$ 371.71 Million in 2022, it is projected to reach US$ 779.69 Million by 2028.

    What is the CAGR for Europe Micro-Surgical Robot Market by (2022 - 2028)?

    As per our report Europe Micro-Surgical Robot Market, the market size is valued at US$ 371.71 Million in 2022, projecting it to reach US$ 779.69 Million by 2028. This translates to a CAGR of approximately 11.2% during the forecast period.

    What segments are covered in this report?

    The Europe Micro-Surgical Robot Market report typically cover these key segments-

    • Component (Instruments, Accessories)
    • Application (Urology Surgery, Plastic Reconstructive Surgery, Ophthalmic Surgery, Neurosurgery, Lymphatic Surgery, ENT Surgery)
    • End User (Hospitals and Clinics, Ambulatory Surgical Centers, Research Institutes)

    What is the historic period, base year, and forecast period taken for Europe Micro-Surgical Robot Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Micro-Surgical Robot Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Europe Micro-Surgical Robot Market?

    The Europe Micro-Surgical Robot Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • MMI SPA
  • Microsure B.V
  • Stryker Corporation
  • Intuitive Surgical
  • Medtronic
  • Ethicon (Johnson & Johnson Services, Inc.)
  • Asensus Surgical, Inc.
  • Zimmer Biomet
  • Who should buy this report?

    The Europe Micro-Surgical Robot Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Micro-Surgical Robot Market value chain can benefit from the information contained in a comprehensive market report.

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