Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Global Surgical Robots Market Size was Estimated at USD 1190 Million in 2018, and is Expected to Grow USD 4270 Million by the end of 2025 at a CAGR of 20% | Valuates Reports™

Published

on

 

As technological advances is  all set to revolutionize healthcare in the years to come, the demand for surgical robots is expected to capture a significant portion of the growing medical industry.

There are several advantages of robotic surgery, resulting in increased hospital and outpatient surgical center adoption. Robotic surgery gives the surgeon many benefits such as an improved field of vision, superior flexibility and accessing inaccessible or hard-to-reach areas during surgery.

Surgical Robots average price is in the declining trend, from USD / Unit 1280 K in 2012 to USD / Unit 1250 K in 2016. The classification of surgical robots includes laparoscopy, orthopedics, and others, and the percentage of laparoscopy in 2016 is about 70 percent, and the percentage of orthopedics is about 20 percent in trend increase. Surgical robots are commonly used in the Minimal Invasive field of Open Surgery. The majority of Surgical Robots are in Minimal Invasive and the proportion of sales in 2016 is around 72%.

Get a Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-12131/Global_Surgical_Robots_Market

Surgical robots have applications, among others, in general surgery, gynecological surgery, orthopedic surgery, cardiology, neurology. Of all the applications, the largest demand for surgical robotic systems, accessories and services was for general surgery followed by gynecological surgery. The gynecological surgical robots market is expected to experience the fastest growth during the forecast period as more and more surgeons are embracing surgical robots and gynecology services as robots have demonstrated their productivity and accuracy with less ill effects.

TRENDS INFLUENCING GLOBAL SURGICAL ROBOTS MARKET SHARE

  • Growing neurological disorders
  • Raising research and development activities
  • Raising geriatric population

View Full Report : https://reports.valuates.com/market-reports/QYRE-Auto-12131/global-surgical-robots-market

REGION WISE SURGICAL ROBOTS MARKET ANALYSIS

  • North America is the largest place of consumption, with a market share of almost 56 percent in 2016.
  • Europe is the second largest consumer place after North America, with a consumption market share of 20%. Competition in the market is intense

Inquire For Regional : https://reports.valuates.com/request/regional/QYRE-Auto-12131/Global_Surgical_Robots_Market

The objectives of this study are to define, segment, and project the size of the Surgical Robots market based on company, product type, end user and key regions.

This report studies the global market size of Surgical Robots in key regions like North AmericaEuropeAsia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Surgical Robots in these regions.

This research report categorizes the global Surgical Robots market by top players/brands, region, type and end user. This report also studies the global Surgical Robots market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

Key Competitors: the following manufacturers are covered in this report, with sales, revenue, market share for each company:

  • Intuitive Surgical
  • Stryker
  • Restoration Robotics
  • Medtech S.A
  • Mazor Robotics
  • THINK Surgical
  • Medrobotics
  • TransEnterix
  • Others

SURGICAL ROBOTS MARKET SIZE BY PRODUCTS

  • Laparoscopy
  • Orthopedics
  • Others

SURGICAL ROBOTS MARKET SIZE BY END USER

  • Open Surgery
  • Minimal Invasive

THE STUDY OBJECTIVES OF THIS REPORT ARE:

  • To study and analyze the global Surgical Robots market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
  • To understand the structure of Surgical Robots market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global Surgical Robots companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
  • To project the value and sales volume of Surgical Robots submarkets, with respect to key regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Buy Now @ https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-12131

REPORTS COVERING SPECIFIC SUBSETS OF SURGICAL ROBOTS MARKET

1.  GLOBAL ORTHOPEDIC SURGICAL ROBOTS MARKET

In the orthopedic surgical industry, orthopedic medical robots have created a revolution. These machines allow the surgeons to perform the most accurate and efficient procedures. They are superior to traditional orthopedic techniques and are highly reliable. The orthopedic medical robots were increasingly adopted throughout the world in 2019.

The global market for Orthopedic Surgical Robots is estimated at US$ 985 million in 2018, growing at a CAGR of 12.28%  percent in 2019-2025.

VIew Full Report : https://reports.valuates.com/market-reports/QYRE-Auto-1T748/orthopedic-surgical-robots-market

Trends Influencing The Orthopedic Surgical Robots Market

  • Consistent advancements in the technology for orthopedic surgical robots.
  • Availability of orthopedic surgical robots across the globe.
  • Increase in government funding.
  • Raising investments by manufacturers for the development of orthopedic surgical robots

Region Wise Orthopedic Surgical Robots Market Analysis

  • North America holds the largest market share due to enhanced health care infrastructure, educated population and improved affordability, as well as increased acceptance of knee, hip and spine-related surgery robotic systems in the region.
  • Europe follows closely as there is a high percentage of the elderly population needing bone-related procedures.
  • Due to the growing population and a steep increase in injuries and drops in the area, Asia-Pacific is also seen as a good market for the orthopedic medical robots industry.

2.  GLOBAL LAPAROSCOPY SURGICAL ROBOTS MARKET

Among all types of surgical robots, laparoscopy surgical robots generate significant revenue.

The global market for Laparoscopy Surgical Robots is estimated at xx million dollars in 2017, reaching xx million dollars by the end of 2025, rising at a CAGR of xx percent in 2018-2025.

The global market is expected to expand steadily, primarily due to increasing applications of gynecological, cardiovascular, gastrointestinal, urological and ear / nose / throat (ENT) robotic solutions worldwide.

View Full Report : https://reports.valuates.com/market-reports/QYRE-Auto-1R747/laparoscopy-surgical-robots-market

Trends Influencing The Laparoscopy Surgical Robots Market Share

  • Increasing investment in research and development activities
  • Raise in geriatric population

3.  GLOBAL AI-BASED SURGICAL ROBOT MARKET

Today, surgeons around the world are using technological advances in artificial intelligence-enhanced surgical robotics devices to reduce the mortality rate associated with chronic disease. Rising awareness of public health and improved patient safety and regulation fuels market growth of the industry for AI-based surgical robots.

The global market for AI-based Surgical Robots is expected to reach xx million US$ in 2018 by the end of 2025, growing at a CAGR of xx% in 2019-2025.

View Full Report : https://reports.valuates.com/market-reports/QYRE-Auto-12F533/ai-based-surgical-robots-market

Services have the largest share of the AI-based surgical robot market in the consumer segment. High maintenance costs associated with robotic surgical system algorithms and updating routine equipment increase demand for service items.

Region Wise AI Based Surgical Robot Market Analysis

  • North America has a market share of 45 percent and is leading the market for AI-based surgical robots. Strong cooperation between healthcare organizations and robotic software companies are the major contributing factors related to their market dominance.
  • Europe is the second largest regional market with a 30 percent share as a result of strategic collaboration between academic research institutes and government-funded hospitals to develop machine learning programs for AI-based surgical robots.
  • Asia Pacific holds a market share of 15 percent due to the enormous patient base suffering from critical disease that needs surgical intervention and aggressive government policies to build well-equipped healthcare institutions with surgical robots.

4.  GLOBAL SPINAL SURGICAL ROBOTS MARKET

With the application of robotic technology to the second most commonly performed surgical procedure, spinal surgery, the global spinal surgical robot markets are poised to achieve significant growth. Spinal surgical robots improve the repeatability and accuracy of spinal surgery.

The global market for Spinal Surgical Robots is estimated at US$ 67 million in 2018, reaching US$ 470 million by the end of 2025, growing at a CAGR of 27.6% in 2019-2025.

View Full Report:

https://reports.valuates.com/market-reports/QYRE-Auto-X212/global-spinal-surgical-robots-market

Over the years, spinal surgery has evolved dramatically as advances in technology have enabled improvements in surgical techniques. Spinal surgery involves modifying the affected area of the back bones and nerves. It is a very delicate surgery to implant one or more screws or components. The robot can achieve better precision than can a skilled surgeon.

Trends Influencing The Global Spinal Surgical Robots Market Share

  • Aging population
  • Reductions in hospital costs due to decreased length of stay

 

SOURCE Valuates Reports

Artificial Intelligence

Cyber insurtech BOXX partners with Zurich Insurance Group in Switzerland to introduce breakthrough personal cyber product

Published

on

cyber-insurtech-boxx-partners-with-zurich-insurance-group-in-switzerland-to-introduce-breakthrough-personal-cyber-product

TORONTO, May 21, 2024 /PRNewswire/ — Award-winning global Insurtech BOXX Insurance Inc. that combines cyber insurance and security has announced the launch of a cutting-edge cyber risk solution in collaboration with Zurich Insurance Group in Switzerland, providing digital protection for individuals and families. 

Recognizing the critical need for comprehensive protection against digital threats Zurich Insurance in Switzerland has partnered with technology partner BOXX Insurance to develop a user-friendly solution designed to help individuals and families better predict and prevent potential scams and digital threats.
Designed for simplicity, the app’s personalized experience puts users’ digital safety front and centre, featuring an easy-to-use interface designed by Zurich Insurance in Switzerland and developed by BOXX in close collaboration with Zurich. The App is now available in Switzerland offering support in English, German, French and Italian.
“We created this to give individuals and families what they want – an app that delivers an essential bundle of tools at users fingertips including access to experts in the event of a cyber emergency,” explained Vishal Kundi, CEO and Founder, BOXX Insurance. “Smartphones have become the fastest-selling gadgets in history. They have penetrated every aspect of daily life. The average person picks their phone up to 100 times a day so if we want to make their world a digitally safer place, we have to ensure their phone and their usage is better secured,” Kundi added.
“An extensive research conducted by Zurich Insurance in Switzerland showed that many are not aware of online dangers and that around a quarter have already been victims of a cyber-attack. In addition, customers are simply overwhelmed with the range of cyber products,” says René Harlacher, Chief Underwriting Officer of Zurich Insurance in Switzerland. “At Zurich, it’s our mission to go beyond mere protection, and also offer our customers tools to help them build resilience and implement preventative measures against cyber risks. Based on these facts, we are expanding our cyber offering for private individuals so that we can provide them with support before, during and after a possible cyber-attack. This is exactly where our joint offering with BOXX Insurance comes in, as a way to lend additional support to our customers,” he adds.
The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency. Delivered to end customers by Zurich, key features include:
Identity Protection: Identifies if personal data captured in the app shows up on the dark web and notifies users, providing help and advice to reduce threats of identity theft.Secure VPN: By creating a secure and encrypted internet connection the VPN protects data from potential threats such as hacking, identity theft, and phishing attacks. Secure WiFi: Scans WiFi networks for threats and helps proactively detect security issues.Safe Browsing: Warns against harmful websites and links to protect privacy and personal data.Device Protection: Checks and improves the security settings of devices. Devices with the Android operating system are additionally protected against viruses and malware.Password Manager: Creates and manages strong passwords and assists with their use.Edutainment: Educational content in an entertaining way to raise awareness of personal cyber security.Emergency Support and Assistance: Help and assistance from cyber security experts to provide support in cyber emergencies and for many other IT-related problems.   The new offering is available here: https://www.zurich.ch/en/private-customers/living-events/cyberprotection/insurance-prevention
“From providing protection from the dangers of being connected at home and on the go, customers now have the means to keep their devices and data secure and have access to indispensable help in an emergency, all in one easy-to-use app,” Kundi added.
Zurich has been working with BOXX since 2021 and participated in BOXX’s Series A and Series B funding rounds. As a Zurich Global Ventures portfolio company, BOXX is proud to now extend the ongoing collaboration with Zurich to enable Swiss customers to be digitally safer.
About BOXX Insurance 
BOXX Insurance Inc. helps businesses, individuals and families insure and defend against cyber threats. Privately-held with headquarters in Canada, BOXX has global offices in Toronto, Miami, Zurich, Dubai and Mumbai.
BOXX Insurance is an award-winning global cyber protection and insurance provider. We’re not a typical company. That’s by design. We’re serious about making the world a digitally safer place; creating real, positive changes for our clients and partners, and building a lasting legacy, from what we create, inside the BOXX.
Every day we’re improving the digital health of businesses, families and individuals around the world who rely on BOXX’s solutions and services to predict, prevent and insure them against cyber threats.
Media Contact: Sarah Madden, [email protected] 

Photo – https://mma.prnewswire.com/media/2416572/BOXX_Insurance_Cyber_insurtech_BOXX_partners_with_Zurich_Insuran.jpgLogo – https://mma.prnewswire.com/media/2416573/BOXX_Insurance_Cyber_insurtech_BOXX_partners_with_Zurich_Insuran.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/cyber-insurtech-boxx-partners-with-zurich-insurance-group-in-switzerland-to-introduce-breakthrough-personal-cyber-product-302150416.html

Continue Reading

Artificial Intelligence

Amp Finalises Commercial Agreements for Cape Hardy Advanced Fuels Precinct

Published

on

amp-finalises-commercial-agreements-for-cape-hardy-advanced-fuels-precinct

ADELAIDE, Australia, May 21, 2024 /PRNewswire/ — Amp Energy (“Amp” or the “Company”) announced today it has finalised all required commercial agreements for the development of the Cape Hardy Advanced Fuels Precinct – one of the leading green hydrogen, green ammonia and advanced fuel projects in Australia. The agreements, which were executed with Iron Road Ltd, include the purchase of a 630-hectare parcel of land at Cape Hardy as well as finalised royalty structure and common user infrastructure agreement. Amp will continue to build upon development progress made since announcing the Strategic Framework Agreement with Iron Road Ltd in April 2023 to bring advanced fuel production capacity to Cape Hardy.

The Cape Hardy Advanced Fuels Precinct will provide production at scale with up to 10 GW of planned electrolyser capacity. Development will be structured to initially bring 1 GW online with incremental stages to reach 10 GW of total capacity.   The project will both cater to the domestic Australian market, supporting the Australian Government’s net zero goals, while also featuring global export capabilities.  To facilitate distribution, Cape Hardy will be equipped with Australia’s first purpose-built advanced fuels export terminal.   
Amp has been in discussions to develop the Cape Hardy Advanced Fuels precinct, in collaboration with Iron Road Ltd and The Government of South Australia, for the past two years. During that time, Amp has made significant development progress.  The project’s concept, design, and pre-Front End Engineering Design (FEED) phase have been studied and reviewed by two leading global engineering firms, Arup and Technip Technologies, as Amp targets completion of pre-FEED studies for the first 1 GW electrolyser phase over the next 9 months. FEED scoping and contracting is currently underway ahead of awarding the FEED contract in late 2024 or early 2025.
Desalinated water is to be sourced from the recently announced Northern Water Supply (NWS) seawater desalination plant that will be located at Cape Hardy to meet the project’s demand for electrolyser feed water, cooling water, process plant water, and fire water. Amp is co-funding pre-FID expenditures for the NWS project.
Additionally, Amp is working closely with the Barngarla Determination Aboriginal Corporation RNTBC (“BDAC”).  With continued support from the BDAC, Amp is confident the Cape Hardy Advanced Fuels Precinct will have a meaningful economic impact on the region.  Amp currently estimates this will include approximately 4,000 direct and 6,000 indirect jobs for the first gigawatt of electrolyser capacity alone.
“We are seeing growing demand for Advanced Fuels both in Australia and abroad. This includes green ammonia, liquid hydrogen, methanol, and sustainable aviation fuel. The Cape Hardy Advanced Fuels Precinct will allow for large-scale production of these fuels that will be critical to the energy transition and achieving net zero targets. We could not be more excited about the project’s potential impact, and we are grateful for the partnership and continued support from Iron Road Ltd, the South Australian Government and BDAC as we progress full steam ahead on development” said Paul Ezekiel, Amp President and Co-founder.
Minister for Trade and Investment, Joe Szakacs said “The State Government recognises the strategic importance of the Cape Hardy Advanced Fuels Precinct attracting investment into the state for domestic and export opportunities, as there is an increasing flight to quality for hydrogen projects worldwide.”
About AmpAmp Energy is a global energy transition development platform, which delivers renewables, battery storage, Advanced Fuels and green AI data centers at scale, together with proprietary AI-enabled grid flexibility through its Amp X platform. Since its inception 15 years ago, Amp has developed and built or contracted 14 GW of assets globally. Amp is backed by major investments from institutional capital partners including global private equity firm the Carlyle Group, who has invested over US$440 million. The company has global operations throughout North America, the UK, Australia, Japan, and Spain.
For more information, please visit amp.energy

View original content:https://www.prnewswire.co.uk/news-releases/amp-finalises-commercial-agreements-for-cape-hardy-advanced-fuels-precinct-302150677.html

Continue Reading

Artificial Intelligence

GEEKOM A8 AI PC is now available for €799 and up.

Published

on

geekom-a8-ai-pc-is-now-available-for-e799-and-up.

TAIPEI, May 21, 2024 /PRNewswire/ — The GEEKOM A8, a highly anticipated Next-Gen AI mini PC with an AMD HawkPoint Ryzen 8040 processor, is now available.

The A8 employs a metal housing with rounded corners and anodized matte finish, giving it a gorgeous and stylish look. Having a footprint smaller than the palm of a hand, the mini PC will conveniently fit in all types of desktop arrangement and instantly elevate the aesthetics of any workspace.
There are two variants of the GEEKOM A8, users have the option to choose between two processors from the same AMD HawkPoint family: Ryzen 7 8845HS and Ryzen 9 8945HS. Both chips feature 8 Zen 4 CPU cores, 16 threads, 16MB L3 cache, an AMD Radeon 780M integrated GPU as well as a Ryzen AI Engine NPU, but the Ryzen 9 8945HS is designed to offer slightly better performance, thanks to its higher CPU and GPU frequencies.
With a greatly enhanced NPU, the A8 can execute 60% more AI workloads than mini PCs with last-generation Ryzen 7040 chips, allowing users to embrace a new era of AI computing. For average consumers, the A8 will quickly find answers to all questions and turn texts into images and videos. For business users, the A8 will automatically summarize notes, transcribe calls, and take meeting minutes. For professional content creators, the A8 will bring much faster AI-powered photo editing, quicker video output, and speedier multi-tasking, helping bring the most ambitious ideas to life. With the new IceBlast 1.5 cooling technology, the A8 can stay cool and stable even when tasks are loaded.
Besides its powerful performance, the A8 also offers a wide array of ports, including four USB-A (including three USB3.2 Gen2), two HDMI2.0, a 40Gbps USB4, a multi-function Type-C, an SDXC slot, and a 3.5mm audio jack. Users can choose to connect the mini PC to an eGPU, ultra high-speed portable storage, or up to four 4K displays.
The A8 is now available on GEEKOM’s independent website. The 8845HS and 8945HS variants are priced at €799 and €949 respectively. Regardless of the CPU option, each unit is preinstalled with 32GB dual-channel SO-DIMM DDR5-5600 RAM, a fast 1TB M.2 2280 PCIe4.0*4 SSD, a wireless card that supports WiFi 7 and Bluetooth 5.4, and a licensed copy of Windows 11 operating system.
Photo – https://mma.prnewswire.com/media/2415798/image_5019393_32291715.jpg

View original content:https://www.prnewswire.co.uk/news-releases/geekom-a8-ai-pc-is-now-available-for-799-and-up-302148964.html

Continue Reading

Trending