Navigation Links
The US and European Video and High-Tech Hardware Device Markets Will Reach a Combined Value of Over $4.6 Billion by 2022
Date:1/8/2014

TORONTO, Jan. 8, 2014 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the United States and European markets for video and high-tech hardware devices will be driven by product innovation as well as demand for safer and more efficient operating rooms (ORs).

As a result, integrated ORs are becoming more popular in both markets because they can substantially improve efficiency and patient care. This is especially true for wireless ORs, which can eliminate, or significantly reduce, cables in the OR. The OR integration system market will therefore grow at a strong eight percent per year in both the US and Europe through 2022.

Articulated surgical robots, a market occupied exclusively by Intuitive Surgical's da Vinci robot, represent another area of high interest. Although demand was hampered by negative press surrounding the safety and efficacy of the robot in the US, causing a decline in unit sales, the market will begin to grow again in a few years. The market will grow faster in the less-penetrated European market. In total, the US and European articulated surgical robotic system markets will be worth over $1.4 billion by 2022.

"A number of newer technologies also promise to improve visualization of surgical procedures," said MRG Analyst Stephanie Wood. "New innovations for 3DHD camera systems, which are supposed to improve depth perception during procedures, could include headpieces and visualization without glasses in the future. 4K Ultra HD surgical monitors, the next frontier in surgical visualization, are already available in consumer markets and will likely reach the medical markets in the US and Europe around 2014 or 2015. However, some doubts about the benefits of these technologies remain, and these very high-priced products will continue to be a niche market for the foreseeable future."

Millennium Research Group's US Markets for Video and High-Tech Hardware Devices 2013 and European Markets for Video and High-Tech Hardware Devices reports include unit, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for articulated surgical robotic devices, OR integration systems, surgical monitors, camera systems, light sources, video capture and recording devices, surgical lights and surgical tables in the United States, France, Germany, Italy, Spain and the United Kingdom. Supplemental country coverage is also available for Austria, Belgium, the Czech Republic, Denmark, Finland, Greece, Hungary, the Netherlands, Norway, Poland, Portugal, Romania, Sweden, Switzerland and Ukraine, as well as in aggregate for the rest of the European countries.

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.
About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at www.DecisionResourcesGroup.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact: Christopher Comfort

Alex JablokowDecision Resources Group

Millennium Research Group781-993-2597

617-599-8613 ccomfort@dresources.com

ajablokow@mrg.net


'/>"/>
SOURCE Decision Resources Group
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Oramed Receives Patent in the European Union for the Oral Delivery of Insulin
2. Lumena Pharmaceuticals Receives Positive Opinion for Orphan Drug Designation in the European Union for LUM001 in Four Rare Liver Diseases
3. RXi Pharmaceuticals Corporation and Ethicor Ltd. Announce the Signing of a Distribution Agreement for RXI-109 in the European Union under the "Specials" Provision
4. MGB Biopharma Adds its Support to European Antibiotic Awareness Day
5. Pi2 Solutions Presents on Pharmacovigilance Literature Screening at Major European Risk Management Meeting
6. European Home Healthcare Market Report 2013-2017: Products, Services & Telehealth
7. European Interventional Cardiology Device Market Will Remain Stable Through 2022 at Over $1.2 Billion
8. HighPoint Solutions and InnoPeritus Partner to Provide Unprecedented Consultative Services in the European Life Sciences Market
9. US and European Regulators Accept for Review OMS302 Marketing Applications
10. Varians Calypso Tumor Tracking System Used in Lung, Stomach and Prostate Cancer Treatments at Leading European Cancer Center
11. Halozyme Presents PEGPH20 Phase 1b Clinical Trial Data at European Cancer Congress 2013
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)...  Sequent Medical, Inc. announced today that it has ... safety and effectiveness of the WEB™ Aneurysm Embolization System ... Prof Laurent Spelle , MD, Head of Neuroradiology ... and Principal Investigator of the CLARYS study, ... and Germany.  Although patients with ruptured aneurysms have ...
(Date:2/12/2016)... , Feb. 12, 2016  Eli Lilly and Company ... Court decided the Alimta® (pemetrexed disodium) vitamin regimen patent would ... the UK, France , Italy ... to dilute the product only with dextrose solution.  ... 2015, the UK Court of Appeal held that Lilly,s patent ...
(Date:2/12/2016)... WILMINGTON, North Carolina , 12 februari ... Laboratories, Inc. (AAI/CML), een toonaangevende leverancier van ... farmaceutische en biotechnologische industrieën, kondigt vandaag een ... en mogelijkheden op haar locatie in ... in vraag heeft geleid tot meerdere recente ...
Breaking Medicine Technology:
(Date:2/13/2016)... (PRWEB) , ... February 13, 2016 , ... ... Prater Eye Center becomes the first in the area to offer AngioPlex™ Optical ... signs of retinal disease, such as macular degeneration, diabetic retinopathy, and other vascular ...
(Date:2/13/2016)... (PRWEB) , ... February 13, 2016 , ... Many individuals ... of protein for a multitude of reasons. IsoPasta by Isolator Fitness has delved ... it once more, but without the high-carb repercussions. IsoPasta has 30 grams of ...
(Date:2/13/2016)... ... February 13, 2016 , ... Christie Medical Holdings, ... gift of a VeinViewer® Vision vein finder for the nursing school ... an IV and draw blood, combining technology with traditional technique. , “VeinViewer is ...
(Date:2/12/2016)... CA (PRWEB) , ... February 12, 2016 , ... According ... hernia surgeries are beginning to account for a significant portion of hernia repairs throughout ... Towfigh of the Beverly Hills Hernia Center notes that this trend has not only ...
(Date:2/12/2016)... FL (PRWEB) , ... February 12, 2016 , ... ... non-profit organization devoted exclusively to funding innovative lymphoma research and serving the lymphoma ... – hosted over 250 members of South Florida’s philanthropic community at its 10th ...
Breaking Medicine News(10 mins):