Many scientific discoveries and new technologies have affected the course of human existence on this planet. One such technical advancement has been the development of next generation or robotic surgical equipments and treatment options. The advent of robotic surgery has significantly altered the face of surgical and overall healthcare, world over, due to extraordinary accuracy, precision, and faster recovery times offered by the same, which are also the fundamentals of improvement sought by the medical fraternity throughout the world. The global market for robotic surgeries is poised to achieve sizeable growth in the times to come, replacing the traditional methods of invasive surgery.
The use of robotics in the medical sector is a growing phenomenon in both developed and developing regions of the world. The US is the leading market in robotic applications driven by increased awareness of the benefits of robot assisted surgical equipments among patients, surgeons, and hospitals alike; coupled with favorable demographic trends. The region also offers huge opportunities for greater adoption of robotic surgical procedures in future.
In the past recent years, not only a significant shift from the traditional methods of minimally invasive surgeries to robot assisted techniques has been observed, but the same is also gradually being increasingly used in diverse surgical interventions. Further, the increasing desire of both patients and surgeons for most effective and advanced treatment options is encouraging increased investment in robotic surgical equipments by hospitals across the globe. Moreover, the availability of favorable clinical data is also playing an important role in the faster adoption of robotic surgery systems. Ageing population, which is on a constant rise, world over, requires more surgical interventions thus necessitating more use of medical robots. This coupled with the fact that health care expenditures is increasing worldwide and more funds are being invested for adopting systems of treatment which provide better medical treatment will notable drive the world market for robotic surgeries.
The global robotic surgery market is characterized by intense competition, rapid technological advancements, frequent new product introductions, and evolving industry standards. Major players include Intuitive Surgical, Inc. MAKO Surgical Corp., Hansen Medical, Inc., and Accuray, Inc., among others. Intuitive Surgicals da Vinci system is the most widely accepted robotic surgical device in the world market with key application areas being prostatectomy and hysterectomy
The report analyzes the robotic surgery market. It discusses the market opportunities in various segments, like prostatectomy, hysterectomy and orthopedics. The report also profiles the major players in robotic surgery systems, with a discussion of their business strategies.