Robotic Surgery – Large Potential Market

Robotic surgery is set to become the new standard in surgical procedures worldwide. The rapidly increasing adoption of surgical robots is due to the benefits provided to both surgeons and patients. Robotic surgery has significantly simplified many of the complex procedures. For patients, the benefits include less pain, less blood loss and quick recovery times. The US market is leading in robotic applications, with the global market a few years behind in the adoption cycle.

Da Vinci surgical system is the most widely accepted robotic surgery system worldwide. The five major applications of da Vinci procedures include prostatectomy, hysterectomy, mitral valve repair, coronary revascularization and gastric bypass. Out of these, prostatectomy is the most widely performed da Vinci procedure while hysterectomy is the fastest growing da Vinci procedure.

Technological advancements in robotic surgery include telerobotic procedures, where surgeon’s commands are relayed to a surgical robot thousand of miles away. Experiments are also going on to evaluate the benefits of robotic surgery on air and space flights.

Source: Market Research Company

Innovation Driving Trauma Market

Accident cases have been a major growth driver for the trauma market. Traffic accidents account for a major share of total accidents. However, instances of sports-related accidents are also rising. Synthes leads the worldwide trauma market with a share of almost fifty percent, followed by Stryker, Smith & Nephew, and Zimmer.

The trauma market continues to grow driven by increasing popularity of innovative and premium devices. Synthes has expanded its product portfolio with the introduction of Volar Column Distal Radius Plate System, Expert Lateral Entry Femoral Recon Nail, and Proximal Femoral Nail. Smith & Nephew’s internal fixation products include Trigen intramedullary nail system, PERI-LOC locked plating system and the IMHS hip screw. Stryker offers T2 Nailing System, T2 SCN Nailing System, T2 Ankle Arthrodesis Nail, and T2 Proximal Humeral Nail. Zimmer’s locking plate products include NCB Locking Plate System, Zimmer Periarticular Locking Plate System, and Zimmer Universal Locking System.

Source: Market Research Company

Analysis of Worldwide Carpet Market

The carpet and rugs industry is divided into two primary markets, residential and commercial. In 2006, the residential market made up about three-fourths of the total industry amounts shipped and the commercial market comprised approximately one fourth of the total industry shipments. Residential replacement demand is also increasing and approximately half of the industry shipments are made in response to residential replacement demand. U.S., Belgium, and Turkey are the world leaders in machine-made rugs and leading carpet markets.

Nowadays modular carpet demand is continuously increasing and has significantly outpaced the growth of the overall industry. Recycling of carpets has become one of the key factors driving demand. The growing nonresidential construction market is also pushing the carpet demand.

The report begins with an introduction of worldwide carpet and rug industry and gives an overview of types of carpets. The report throws light on the leading carpet markets and analyses modular carpet market which is an important part of the carpet industry. It discuses the emerging markets, industry trends and also gives an overview of the major players, their market shares and business strategies. It also discusses worldwide imports and exports value and volume.

Source: Market Research Company

Global Luxury Goods Market Report: 2008

The Luxury goods industry is a very wide industry comprising of products from watches, jewellery, perfumes, expensive wines to yachts, expensive pens, and clothes. There is no particular definition of products to be termed as luxury. How the utility of a product is perceived, how much is spent on that product, are some of the parameters to define a luxury product.

The two most prominent characteristics of a luxury product is one they are meant to show off one’s wealth and secondly they are also a medium of self expression. The objective behind purchasing such luxury products may also be different, like self-indulgence or as a status symbol. The industry is said to be highly cyclical and the driving force behind the growth of this industry is the increasing wealth worldwide, while the economic growth and conditions of various regions as well as traveling activities also affect this industry.

More Informations: Market Research Company

Global Watch Market Report: Focus on Luxury Watches (2009 Edition)

Luxury watch brands are competing amongst themselves for leadership in delivering the most innovative piece. Watch brands are taking advantage of new technologies such as robots and hi-tech coatings. New materials, such as titanium and ceramics, are also being used in watch designs. A notable trend is retailers asking fashion brands to design special watches exclusively for their stores.

At present, Swiss-made watches are completely dominating the worldwide luxury watch market contributing almost 100 percent share. These watches are exported to most of the developed countries. However, rising incomes in emerging markets have led to a new category of affluent young professionals with high purchasing power. These countries have become a potential opportunity for ultra expensive watch manufacturers.

Major luxury watch companies are trying to tighten the requirements by which watches qualify as Swiss-made. Smaller companies view this move as an attempt to force them out of market.

More Informations: Marketing Research Rompany