Oct 8 2014
Research and Markets has announced the addition of the "Global Robotic Surgery Market Report: 2014 Edition" report to their offering.
The integration of technology with the medical field has increased the use and demand of robot assisted surgical systems in both developing as well as developed economies. The US claims the maximum amount of robotic procedures, while penetration rates are quite low globally, thus highlighting the evident pool of opportunities for the growth of the robotic surgery market.
The growth in robotic surgery market is attributed mainly to the increasing incidences of various diseases such as arthritis, cancer and cardiovascular diseases that usually require surgical treatment of the condition. Growth drivers such as aging of the global population, especially in the developed countries, will also trigger the growth of this market since elderly people carry a high risk in terms of success of the surgery and MIS would ensure minimal trauma to the already compromised health of the patient. Similarly, in the constantly increasing patient pool, aging population and rising healthcare expenditures will also augment the growth of the market. Moreover, a very critical role is also played by favorable clinical data that has been observed over the years that has caused shift from traditional methods of minimally invasive surgeries to robot assisted techniques.
The global robotic surgery market is dominated by Intuitive Surgical's da Vinci Surgical System. Over the period da Vinci hospital robot placements and procedures have skyrocketed and it is been embraced by top surgeons around the world. The da Vinci System features a magnified 3D high-definition vision system and tiny wristed instruments that bend and rotate far greater than the human wrist which enables the surgeon to operate with enhanced vision, precision, dexterity and control. da Vinci is widely used in procedures like hysterectomies and prostatectomies.
The three major players in the industry, Intuitive Surgical, Inc., Hansen Medical, Inc., and Accuray, Inc. are being profiled, along with their key financials and strategies for growth.
Key Topics Covered:
- Robotic Surgery: An Introduction
- Market Size
- Market Dynamics
- Competitive Landscape
- Company Profiles
- Market Outlook