BELLARMINE 80, BOWLING GREEN 68(Bloomberg) — The stock market’s growth engine is running on fumes. For years, investors have counted on the biggest technology companies to power equity indexes higher based on their strong earnings and expectations for even more profits in the future, most recently fueled by the development of artificial intelligence services. Those days appear to be over, at least for now. And it’s forcing investors to think of other ways to play the latest equities bull market as it enters its third year. The issue is profits. The Magnificent Seven tech giants — Alphabet Inc., Amazon.com Inc., Apple Inc., Meta Platforms Inc., Microsoft Corp., Nvidia Corp. and Tesla Inc. — are expected to post a combined earnings increase of 18% in 2025, down from a projected 34% for 2024, according to data compiled by Bloomberg Intelligence. Strip out Nvidia, arguably the biggest beneficiary of Wall Street’s AI mania, the rest of the group is expected to post a measly 3% increase in profits in 2025. An 18% profit expansion is good news for just about any sector — but Big Tech. Should the estimate come to fruition, the high-flying cohort will fall behind health care in full-year earnings growth and not significantly above the materials and industrials groups. Meanwhile, the S&P 500 Index’s earnings growth is projected to reach 13% in 2025, up from 10% this year. In other words, the tech giants are no longer setting the pace for Corporate America. “The Mag Seven is not necessarily going to be the engine of growth for the market that it has been for the last year or so,” said Julian McManus, portfolio manager at Janus Henderson. Leaving Tech Investors are already responding. In the week through Dec. 4, the information technology group had its largest outflow in six weeks at $1.4 billion, according a Bank of America note on Friday citing data from EPFR Global. Small-cap stocks, which have been trailing the broader market this year, had $4.6 billion of inflows, putting them at an annualized record high of more than $30 billion. McManus said he’s watching for upside surprises in free cash flow growth and sees alternatives to Big Tech all over the world, not just in the US, where he’s “significantly underweight.” He likes energy producers, which are benefiting from power-thirsty data centers and are a popular play, and sees opportunities in biotech as well as chip design software companies like Cadence Design Systems Inc. A big part of the search for Big Tech alternatives is purely about their stock prices. Just this week, the Magnificent Seven companies traded at 41 times projected earnings, the highest valuation multiple since early 2022, according to data compiled by Bloomberg. The entire S&P 500 has seen a jump as well, with its ratio of 23 times the highest since 2021. But it’s still almost half the price of the tech giants’ valuations. “You’re being overly risky being in just the megacaps,” said Phil Blancato, chief executive officer at Ladenburg Thalmann Asset Management. “You’re looking at companies that are trading at valuations that are quite rich. Some of the numbers for the rest of the S&P 500 don’t look bad, they look good. I’d rather buy the rest of the S&P 500 at 18 times (forward earnings) versus the entire S&P 500 at 23 or 24 times.” He isn’t alone in his skepticism. Wall Street pros like Michael Wilson, chief US equity strategist at Morgan Stanley, and Brian Belski, chief investment strategist at BMO Capital Markets, also see the equities rally continuing to broaden to sectors beyond Big Tech, a trend that began in the second half of the year. “Euphoria around megacap tech is evident in growth expectations for the Magnificent 7 approaching all-time highs, just when their earnings are slated to decelerate,” Bank of America strategists led by Savita Subramanian wrote in a note to clients this week. With the cohort accounting for about a third of the S&P 500’s weighting, “we see more opportunity in the average stock than in the index,” the strategists wrote. Magnificent One However, that isn’t to say all Magnificent Seven stocks are created equal. Because there’s one company that stands head and shoulders above the rest: Nvidia. Relentless demand for its accelerators used in AI computing has sent earnings soaring. Nvidia is projected to deliver $71 billion in profits on revenue of $129 billion next year, up 49% and 52%, respectively, according to the average of analyst estimates compiled by Bloomberg. This explains why the stock is the seventh best performer in the Russell 1000 Index this year with a 193% gain — and the only Magnificent Seven company in the top 50. Much of Nvidia’s success is being driven by spending from its megacap peers. Microsoft, Alphabet, Amazon and Meta Platforms are projected to show more than $200 billion in combined 2024 capital spending to beef up computing capacity. And they’ve pledged to spend significantly more next year. That’s great for Nvidia, but investors are questioning when those investments will pay off for the rest. “I wouldn’t be surprised to see the Mag Seven sort of break up because gravity is going to catch up,” Janus Henderson’s McManus said. Of course, Wall Street has underestimated Big Tech’s strength in the past. At the start of 2024, analysts were projecting earnings growth of 19% for the Magnificent Seven, and the group is now on track for a 34% increase. And despite the numbers, the tech giants still retain their allure with investors, especially if the economy deteriorates. Scott Chronert, US equity strategist at Citigroup, likens the group to a defensive sector like consumer staples, whose products people need regardless of economic circumstances. The point being, megacaps remain a safe bet in uncertain times — like now. “If you were to sell big tech, where would you go?” said Andrew Choi, portfolio manager at Parnassus Investments. “Do you really want to bet on rate-sensitive stocks where you need rates to go a certain direction? Do you want to chase places that have done well? Big tech remains the best, easiest answer for what you want regardless of what market conditions end up being.” —With assistance from Ryan Vlastelica.
Switchbacks to host celebration party at Weidner Field following first-ever USL Championship title win
The managing director of Jaguar has said he was disappointed by the "vile hatred and intolerance" in responses to a clip of the car company's new advert. The luxury car brand posted a 30-second video on X, formerly Twitter , on Tuesday which featured models posing in bright clothes but no vehicles. The clip prompted a backlash online among some 120,000 comments, with the social media site's chief executive Elon Musk responding: "Do you sell cars?" Rawdon Glover, Jaguar managing director, told the Financial Times: "If we play in the same way that everybody else does we'll just get drowned out." "So we shouldn't turn up like an auto brand. We need to re-establish our brand and at a completely different price point so we need to act differently." Mr Glover added: "We don't want to necessarily leave all of our customers behind. But we do need to attract a new customer base." He denied that the video was meant to be "woke", and said he was disappointed by the "vile hatred and intolerance" in comments about individuals in the clip. In response to Mr Musk's comment on X, Jaguar said: "Yes. We'd love to show you. Join us for a cuppa in Miami on 2nd December?" Replying to another user who questioned where the cars were, the company said: "The story is unfolding. Stay tuned."
Stock market today: Wall Street hits records despite tariff talk
NGX gains from banking recapitalisationMintra is proud to announce that it has been recognised as the winner of the prestigious Leading with Kindness Award at the HR Network Scotland Awards 2024. Sponsored by culture consultants Leading Kind, the accolade was awarded because of Mintra’s commitment to fostering a workplace culture rooted in empathy, compassion, and positive impact. The Leading with Kindness Award recognises an organisation, team or individual that has demonstrated a kinder approach to people through empathetic leadership, by showing genuine care and concern for colleagues or customers, with a positive impact on business performance. The move to a ‘kinder culture’ began for Mintra after covid, when senior leaders committed to shifting the company culture to a more fluid and agile structure focusing on trust, empowerment and individual growth. To achieve this, Mintra has embedded kindness into its leadership approach by training managers to balance task-oriented skills with emotional intelligence. As a global organisation, this approach has bred cultural sensitivity and empathy, enabling them to manage a remote workforce and diverse, multicultural teams more effectively. Another key initiative is the establishment of the Care Team, a wellbeing committee tasked with promoting positive social interaction and addressing employees’ emotional needs proactively. Through initiatives like targeted training, access to support resources and team-building activities, the Care Team has fostered an environment of psychological safety and collaboration. Amy Reid, Global People & Culture Director shared, “This approach has enhanced employee well-being and reinforced the importance of empathetic leadership as a critical factor for organisational success. This award is an acknowledgement of the way our leadership team have embraced the change and embedded it into Mintra.” Mintra’s commitment to kindness has delivered tangible benefits to the business. Employee engagement and cross-functional collaboration have increased and enabled the company to exceed customer expectations. A standout example is the successful delivery of a large-scale bespoke digital learning solution under tight deadlines, achieved through cross-departmental teamwork that leveraged diverse industry expertise and learning technologies. (Left to right) Lynn Killick, Leading Kind Consultants; Julia Gibson, People & Culture Advisor; Amy Reid, People & Culture Director; Gareth Gilbert, Chief Operating Officer; Chris Clark, Regional Business Manager. Lynn Killick of Leading Kind Consultants presented the award to the team. Mintra’s kindness culture extends beyond day-to-day operations, incorporating awareness initiatives such as International Women’s Day, Neurodiversity Celebration Week, and Employee Appreciation Day. These efforts have united employees across the globe and strengthened Mintra’s community spirit. Mintra actively celebrates the contributions of its kind leaders and employees. Recognition initiatives include shout-outs during team talks and on the company’s ‘Mintra Net’ internal communications hub, as well as peer-to-peer acknowledgement programs. Anonymous feedback surveys have provided actionable insights, helping Mintra refine its workplace culture and continuously improve. This dedication has translated into measurable outcomes, such as a low voluntary turnover rate of under 2% in 2023, an industry-leading employee engagement score of nearly 80%, and significant internal promotions—16% of the workforce in 2023 alone. These achievements underscore the value of kindness as a driver of retention, engagement, and performance. Mintra’s CEO, Kevin Short, remarked: “Winning the Leading with Kindness Award is a testament to the dedication and character of our people. At Mintra, we believe kindness is more than just a value—it’s a strategy that drives success for our employees, customers, and communities. We are honoured to be recognised for our efforts and will continue to build a workplace where kindness thrives.” Mintra extends its gratitude to HR Network Scotland and Leading Kind for spotlighting the role of kindness in transforming organisations. As Mintra looks to the future, it remains committed to leading with empathy and creating a meaningful impact on its people and the industry at large. Source: Mintra
Jimmy Carter, the 39th President of the United States, died at his home in Plains, Georgia today. He was 100. Carter's interest in promoting renewable energy was on display at his January 20, 1977 presidential inauguration. Solar panels were installed to warm the reviewing stand near the White House, where Carter watched the inaugural parade. "It happened to be one of the coldest days of the year that morning and very little sun," says Paul Muldawer, the Atlanta architect Carter tapped to design his inauguration facilities. "We made a statement, although it honestly didn't work as well as I would have liked it to work," Muldawer says. Wind chill that day was in the teens, according to the National Weather Service . Carter wanted a ceremony that reflected his values. That extended to the reviewing stand, which was built so it wouldn't end up in a landfill after the ceremony. Instead of wood, it was made of steel. "After the inauguration, we had it disassembled, shipped to Atlanta, and then it was recycled as a bandstand," says Muldawer, who's now 92. The structure was in a public park where free concerts were held. "Carter was just thrilled with that. He really liked the idea of repurposing that facility." The inauguration set the stage for Carter's four years as President. His environmental legacy has shaped how the country is responding to climate change today. "At the time that Jimmy Carter was president, his biggest concern was energy security," says Amy Myers Jaffe, director of the Energy, Climate Justice and Sustainability Lab at New York University. In 1977, the U.S. was importing 8.81 million barrels of petroleum a day, mostly from the Organization of Petroleum Exporting Countries, or the OPEC cartel. That made the U.S. vulnerable during the 1973 Arab oil embargo, which led to long lines at gas stations. In several ways Jaffe says Carter was ahead of his time by being an early advocate for conserving energy and boosting renewable electricity, such as solar power. But Carter also promoted domestic coal mining. The subsequent growth of that industry contributed to the warming climate the world is experiencing now. Carter boosted energy efficiency and solar Shortly after Carter took office in 1977, he delivered what has become known as the "sweater speech." Sitting by a lit fireplace, he wore a cardigan sweater and addressed the country on television. "All of us must learn to waste less energy. Simply by keeping our thermostats, for instance, at 65 degrees in the daytime and 55 degrees at night we could save half the current shortage of natural gas," Carter said. Energy efficiency seems like a given today, but it wasn't really on Americans' minds after the 1950s and '60s, Jaffe says. Back then, it seemed like the oil would always flow. Jaffe says some even made fun of Carter's efficiency plea – an indication of how unusual the request was at the time. Still, energy experts then were thinking about the possibility that oil and gas could run out. That prompted Carter to encourage alternative sources of energy. "He even put solar panels, famously, on the White House," Jaffe says. At a press event unveiling the solar panels that would be used to heat water, Carter made clear that energy security was at the top of his mind. "Today, in directly harnessing the power of the sun, we're taking the energy that God gave us, the most renewable energy that we will ever see, and using it to replace our dwindling supplies of fossil fuels," Carter said. By the end of the 20th century, Carter wanted the U.S. to get "20% of all the energy we use from the sun." The country still hasn't reached that goal , though more than 80% of new generating capacity this year is expected to come from solar and battery storage. As if to highlight the risk of experimenting with new energy sources, Carter told reporters at the solar panel unveiling, "A generation from now, this solar heater can either be a curiosity, a museum piece, an example of a road not taken, or it can be just a small part of one of the greatest and most exciting adventures ever undertaken by the American people." The panels were removed less than a decade later during the Reagan administration. "Had the United States stayed the course, and we had not had volatility in our federal efforts in alternative energy, we would maybe still be the premier country for alternative energy," Jaffe says. Instead, she says, the U.S. is playing catch-up with countries like Denmark and Spain on wind energy, and China for solar and electric vehicles. The panels removed from the White House were stored in a government warehouse until Unity College acquired them, according to Maine Public . Sixteen panels were re-installed on a roof at the college in Central Maine and used to heat water for the dining hall. One of the panels, about the size of a picnic table, is displayed on the campus with a marker describing its historical significance. A climate change warning and promoting coal The summer after Carter took office, he received a memo with the subject "Release of Fossil CO2 and the Possibility of a Catastrophic Climate Change." It warned that increasing concentrations of carbon dioxide in the atmosphere has a "greenhouse effect" that "will induce a global climatic warming." The memo was from Frank Press, Carter's chief advisor on scientific matters and the director of the White House Office of Science and Technology Policy. Press wrote, "The present state of knowledge does not justify emergency action to limit the consumption of fossil fuels in the near term." But he did write that considering the "potential CO2 hazard" should become part of the country's long-term energy strategy. The top of the memo is marked "THE PRESIDENT HAS SEEN." Climate change, though, was not an issue Carter highlighted during his time in office. He actually boosted domestic coal production. Coal is the most carbon-intense fuel for generating electricity. Carter's 1980 campaign speech to miners in West Frankfort, Illinois includes a level of boosterism rarely seen outside of the coal industry these days. "America indeed is the Saudi Arabia of coal, and my goal as President of the United States is to see on the world energy markets Arab oil replaced with Illinois coal," Carter told miners and employees of the Old Ben Coal Mine No. 25. He also boasted that the country would, "produce more coal in 1980 than has ever before been produced in the United States of America." The greenhouse gas emissions from burning more coal are an issue the country still grapples with as the effects of climate change become clear. "I calculated once that we had roughly five full extra years of emissions at roughly the 2000 level of CO2 emissions due to Carter's energy coal policies," says Philip Verleger, an economist who worked on energy issues in the Treasury Department during the Carter administration. In a 1978 speech Carter did recognize the polluting nature of coal by announcing a commission on the coal industry. "Ultimately, we will learn to harness the energy of the Sun and the oceans with fusion power to meet our energy needs. But for now, we have no choice but to continue to rely heavily on fossil fuels, and coal is our most abundant fossil fuel," Carter said. But even Verleger comes back to Carter's work advancing energy efficiency and renewable energy. "Carter really started the ball rolling, created many of the ideas that are now coming to the fore. And that's good. The downside in terms of environment was the emphasis on coal," Verleger says. An enduring environmental legacy Preserving land also was a priority for Carter. Near the end of his presidency, he signed into law the Alaska National Interest Lands Conservation Act . It provided protections for 157 million acres of land through the creation of national parks, refuges and conservation areas. The legislation doubled the size of the National Park System and was the largest expansion of protected lands in history, according to the National Park Service . Carter also signed legislation in 1977 creating the Department of Energy, which is implementing much of the climate-focused Inflation Reduction Act that Congress passed and President Joe Biden signed last year. The law dedicates money to boosting renewable energy and research on new technologies. "Over four decades ago, Carter was putting in place policies that we are now enhancing today," Jaffe says. The IRA's focus on domestic manufacturing also is helping fulfill Carter's goal of putting "the United States back to where it needs to be, and dominating supply chains for things like solar panels, manufacturing and electric cars," explains Jaffe. In his final years, Carter's environmental legacy came full circle. In 2017 he leased 10 acres of his land in Plains, Georgia for a solar power project that produces enough electricity to supply about half the demand of his hometown. At the dedication event he told the crowd, "This site will be as symbolically important as the 32 panels we put on the White House," according to The Atlanta Journal-Constitution . "People can come here and see what can be done."
Rare golden eagle found dead after a wind turbine tore off its wing, vet experts say - in first recorded incident of its kindIn this week’s OCVarsity Gridiron video, Dan Albano and Steve Fryer discuss Orange County’s three championship games in the CIF-SS playoffs and make their predictions. They discuss: Mater Dei vs. St. John Bosco (Division 1), Edison vs. Simi Valley (Division 3) and Portola vs. El Rancho (Division 11). Related Articles
Musk hopes to make budget cutting coolRams' offense is struggling, but the defense has put LA on the brink of an NFC West titleATLANTA — On Jan. 18 and 19 the AT&T Playoff Playlist Live! will be held at State Farm Arena in advance of the College Football Playoff national championship on Jan. 20. The star-studded lineup was announced Thursday at a news conference at Mercedes-Benz Stadium. Performances will include Lil Wayne and GloRilla on Saturday; and Camila Cabello, Myles Smith and Knox on Sunday. On game day, the Allstate Championship Tailgate, taking place just outside Mercedes-Benz Stadium in the Home Depot Backyard, will feature country acts on the Capital One Music Stage, including global superstar Kane Brown and iHeartCountry “On The Verge” artist Ashley Cooke. The concerts are just two of the festivities visiting fans can enjoy in the days leading up to the big game. The fan experience for both ticket holders and the general public has been a focus for event planners. All weekend long, an estimated 100,000 people from across the country are expected to attend fan events preceding kickoff. “It will be an opportunity for fans of all ages to come together to sample what college football is all about, and you don’t have to have a ticket to the game to be a part of it,” said Bill Hancock, executive director of the CFP in a press release. “We’ve worked closely with the Atlanta Football Host Committee to develop fan-friendly events that thousands will enjoy come January.” On Saturday, Jan. 18, Playoff Fan Central will open at the Georgia World Congress Center in downtown Atlanta. The free, family-friendly experience will include games, clinics, pep rallies, special guest appearances, autograph signings and exhibits celebrating college football and its history. That day, fans can also attend Media Day, presented by Great Clips, which will feature one-hour sessions with student-athletes and coaches from each of the College Football Playoff national championship participating teams. ESPN and social media giants X, Facebook, Instagram and TikTok will be taping live broadcasts from the event. On Sunday, Jan. 19, the Trophy Trot, both a 5K and 10K race, will wind its way through the streets of downtown Atlanta. Each Trophy Trot participant will receive a T-shirt and finisher’s medal. Participants can register at atlantatrackclub.org . On Sunday evening, the Georgia Aquarium will host the Taste of the Championship dining event, which offers attendees the opportunity to indulge in food and drink prepared by local Atlanta chefs. This premium experience serves as an elevated exploration of local cuisine on the eve of the national championship. Tickets to the Taste of the Championship event are available on etix.com . Atlanta is the first city ever to repeat as host for the CFP national championship. The playoff was previously held in Atlanta in 2018. “We are honored to be the first city to repeat as host for the CFP national championship and look forward to welcoming college football fans from around the country in January,” said Dan Corso, president of the Atlanta Sports Council and Atlanta Football Host Committee. “This event gives us another opportunity to showcase our incredible city.” The College Football Playoff is the event that crowns the national champion in college football. The quarterfinals and semifinals rotate annually among six bowl games — the Goodyear Cotton Bowl Classic, Vrbo Fiesta Bowl, Capital One Orange Bowl, Chick-fil-A Peach Bowl, Rose Bowl Game presented by Prudential and the Allstate Sugar Bowl. This year’s quarterfinals will take place on Dec. 31, 2024 and Jan. 1, 2025, while the semifinals will be Jan. 9-10, 2025. The CFP national championship will be Monday, Jan. 20, 2025, at Mercedes-Benz Stadium. For additional information on the College Football Playoff, visit CollegeFootballPlayoff.com . Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox!
The Shocking Photoshoot That Has Everyone Talking
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global surgical robots market size is estimated to grow by USD 14.02 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 27.17% during the forecast period. High adoption due to convenience is driving market growth, with a trend towards high demand from developing countries. However, cost and affordability associated with surgical robots poses a challenge.Key market players include Accuray Inc., Asensus Surgical US Inc., CMR Surgical Ltd., Intuitive Surgical Inc., Johnson and Johnson Services Inc., Medtronic Plc, Microbot Medical Inc., Momentis Innovative Surgery Ltd., Neocis Inc., Novus International Inc., OMNI Orthopaedics Inc., Renishaw Plc, Siemens AG, Smith and Nephew plc, Stryker Corp., Titan Medical Inc, United Orthopedic Corp., Virtual Incision, and Zimmer Biomet Holdings Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver Surgical robots are revolutionizing the healthcare industry with their precision and minimally invasive capabilities. The market for surgical robots is growing, particularly in the outpatient and ambulatory surgery segments. HD cameras and automated instruments are key trends in this market, enabling surgeons to perform complex procedures with greater accuracy. The urological surgery segment is a major contributor, with a high demand for robotic assistance in procedures like prostatectomies and nephrectomies. General surgery, gynaecological surgery, neurosurgery, and oncology segments also show strong growth. Surgical robots are increasingly being used in ambulatory surgery centers and clinics, reducing the need for inpatient facilities. Medicare coverage and the rising number of surgical errors have fueled the adoption of these systems. Orthopedic surgeries for bone degenerative diseases like arthritis, osteoporosis, hip replacement surgeries, and knee replacement surgeries are common applications. Minimally invasive techniques are preferred due to faster recovery times and smaller scars. Surgical robotic systems are being used for a wide range of procedures, from cardiac surgery and cataract surgery to neurosurgeries and cancer treatment procedures. The market for instruments and accessories is also growing. The future of surgical robots lies in miniaturization and the ability to perform complex procedures with greater precision. Healthcare providers are investing in these systems to improve patient outcomes and reduce costs. Surgical robotics technology is experiencing significant growth in demand, particularly in developing countries. Healthcare systems in these regions aim to improve patient outcomes and enhance healthcare services. Developing countries, such as India and Brazil , often face a shortage of specialized surgeons. Surgical robots offer a solution by providing a platform for training and skill development. These systems include simulation capabilities, enabling surgeons to practice complex procedures in a controlled environment, thereby improving their proficiency and delivering better patient care. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Surgical robots have revolutionized the healthcare industry, particularly in areas like urological, general, and gynaecological surgeries. However, challenges persist. HD cameras and miniaturization are key advancements, but costs remain high. Outpatient surgery and ambulatory surgery centers are growing, but Medicare reimbursement policies need clarification. Surgical errors are a concern, especially in complex procedures like neurosurgeries and oncology. The U.S. Market for surgical robots is expanding, driven by orthopedic surgeries for bone degenerative diseases like arthritis and osteoporosis. Replacement rates for hip and knee surgeries are increasing, with primary hip replacement and primary knee replacement being common procedures. Physicians and surgeons are adopting automated instruments for minimally invasive surgeries, benefiting adults with chronic diseases like cancer. Instruments and accessories for soft tissues and bones are in demand, as are surgical robotic systems for laparoscopy and general surgical procedures. The outpatient segment, including ambulatory surgical centers and surgical centers, is growing, shifting focus from inpatient facilities. Traditional surgery techniques face competition from minimally invasive ones, with brain surgeries and neurological disorders being key areas of development. Surgical intervention for cardiac surgery, cataract surgery, hernia repair, cholecystectomy, adrenalectomy, small bowel resection, and rectal prolapse are all potential applications. The future of surgical robots lies in continuous innovation and collaboration between healthcare providers and technology companies. Surgical robots have become a notable trend in healthcare, offering enhanced capabilities for surgical procedures. However, the financial aspect of acquiring and maintaining these robotic systems is a substantial challenge in the market. The initial investment for purchasing and installing surgical robots, as well as ongoing expenses for staff training, maintenance, and instrument sterilization, can be substantial. Regular maintenance is crucial for optimal performance and longevity, involving inspections, software updates, and equipment calibration, which may result in additional costs, such as service contracts or technician fees. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This surgical robots market report extensively covers market segmentation by 1.1 General and laparoscopy surgery 1.2 Gynecological surgery 1.3 Orthopedic surgery 1.4 Neurosurgery 1.5 Urology and others 2.1 Hospitals 2.2 Ambulatory service centers 3.1 North America 3.2 Europe 3.3 Asia 3.4 Rest of World (ROW) 1.1 General and laparoscopy surgery- Surgical robots have significantly increased in popularity for both general and laparoscopic surgeries due to their numerous advantages. According to the World Health Organization, approximately 200-400 million surgical procedures are performed globally each year. These robots offer surgeons enhanced precision and visualization, enabling them to perform complex procedures with minimal scarring, shorter hospital stays, and quicker recovery times. Equipped with advanced instruments like articulated robotic arms and high-definition cameras, surgical robots provide surgeons with a magnified 3D view of the surgery site and improved instrument maneuverability. Furthermore, integration with technologies like augmented reality offers surgeons a more detailed understanding of patient-specific anatomical details. The adoption of surgical robots is projected to boost the growth of the general and laparoscopic surgery market during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Surgical robots are advanced medical devices that enable HD cameras and automated instruments to perform precise and minimally invasive surgeries. These robots are increasingly being used in outpatient surgery and ambulatory surgery centers for various procedures, including orthopedic surgeries for bone degenerative diseases like arthritis, osteoporosis, hip replacement, and knee replacement surgeries for joints affected by osteoarthritis. Chronic diseases such as cardiac conditions, cancer, and cataracts are also treated with surgical intervention using surgical robots. The use of surgical robots reduces surgical errors, enhances precision, and improves patient outcomes. Medicare and other healthcare providers are recognizing the benefits of these technologies, leading to increased adoption. Instruments and accessories for soft tissues and bones are also available for these robots to expand their capabilities. Market Research Overview Surgical robots are advanced medical devices that enable doctors to perform complex surgeries with greater precision and control. These robots, equipped with HD cameras and automated instruments, are increasingly being used in outpatient and ambulatory surgery settings, including ambulatory surgery centers and clinics. Medicare and other healthcare providers are recognizing the benefits of surgical robots, such as reduced surgical errors, shorter hospital stays, and faster recovery times. The urological surgery segment is a significant market for surgical robots, with applications including prostatectomies, nephrectomies, and cystectomies. General surgery, gynaecological surgery, neurosurgery, and oncology are other major application areas. Surgical robots are used in various types of surgeries, including orthopedic surgeries for bone degenerative diseases like arthritis and osteoporosis, hip replacement surgeries, and knee replacement surgeries. Surgical robots are also used in minimally invasive procedures for soft tissues and abnormal structures, such as hernia repair, cholecystectomy, adrenalectomy, and small bowel resection. The market for surgical robots is expected to grow significantly due to the increasing rate of primary hip replacement and primary knee replacement surgeries, as well as the growing number of chronic diseases affecting adults, such as cardiac conditions and cancer. The miniaturization of surgical robotic systems is also driving growth in the market, as these systems can be used in outpatient segment surgical centers and healthcare facilities, reducing the need for inpatient facilities. Traditional surgery techniques are being replaced by minimally invasive techniques, such as laparoscopy, which offer less scarring and faster recovery times. The neurology segment, including neurosurgeries for neurological disorders, is also a growing market for surgical robots. The use of surgical robots in cancer treatment procedures, such as brain surgeries, is expected to drive significant growth in the market. Instruments and accessories are also a significant part of the surgical robots market. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Application General And Laparoscopy Surgery Gynecological Surgery Orthopedic Surgery Neurosurgery Urology And Others End-user Hospitals Ambulatory Service Centers Geography North America Europe Asia Rest Of World (ROW) 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioOrlando Magic forward Franz Wagner will be sidelined indefinitely with a torn right oblique muscle, the NBA team said Saturday, a major blow for a club already missing star Paolo Banchero with the same injury. Wagner was hurt in the Magic's 102-94 loss to the Philadelphia 76ers on Friday. Jeff Weltman, Orlando president of basketball operations, said he would be re-evaluated in four weeks. Wagner has played a key role in keeping the Magic competitive since Banchero was injured on October 30. He has scored at least 20 points in nine straight games and is averaging 24.4 points, 5.7 assists and 5.6 rebounds per game for the season. More from this section At 16-9 the Magic are in third place in the Eastern Conference. However, they are still without Banchero, who said on Monday he had "finally" been able to take part in some on-court ball-handling and spot shooting practice. "Obviously (there) wasn't any sprinting or cutting or anything," Banchero said. "But hopefully in the next few weeks I can start getting into more of that and just work my way back into playing shape." bb/sevStock market today: Wall Street hits records despite tariff talkPoll: Albanese more popular than Dutton but Labor struggling in Victoria, NSW