Published On : 29 Jan 2019
Medical robotics and computer-assisted surgery systems are the technologically advanced and conduction of complex and lengthy surgical procedures with the help of medical robotics. These surgeries lower the risk of the complications and increase the level of hospital automation.
Medical robotics and computer assisted surgery market is gaining traction due to growing adoption of the minimally invasive surgeries. These medical robots conduct these surgeries effectively and lower the risks and complications in the orthopedic, cardiac, and neurosurgery. The aforementioned factors are boosting its adoption and likely to drive growth of the medical robotics and computer-assisted surgery market.
Growing Patient-Centric Approach of Patients to Propel Growth of the Market
Growing patient-centric approach of the patients from past decade is boosting adoption of safety equipment, which in turn is propelling adoption of medical robotics and computer-assisted surgeries. Additionally, growing incidences of the chronic diseases and diseases such as cancer and obesity are leading to boost adoption of the medical robotics and computer-assisted surgery and likely to influence positively to the growth of the market.
Growing investment in the research & development (R&D) and extensive application in the critical surgeries is leading to enhance growth of the medical robotics and computer-assisted surgery market. Furthermore, growing investment in healthcare sector for adopting advanced healthcare facilities is propelling growth of the global medical robotics and computer-assisted surgery market.
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However, high cost of surgical procedures especially conducted with robotic assistance and recuperation exoskeleton is restraining growth of the global medical robotics and computer-assisted surgery market. Additionally, lack of awareness about presence of advance robotic solutions especially in the underdeveloped and developing countries coupled with low budget of healthcare is restraining growth of the medical robotics and computer-assisted surgery market. Lack of trained persons and professionals for handling these robots and system are impeding growth of the market.
North America to Account for the Leading Share in the Revenue of Overall Market
North America accounted for highest share in the overall revenue of the medical robotics and computer-assisted surgery market. This growth of the market is attributable to the rapid technological advancement coupled with growing investment in research activities for improving the medical robotics and computer-assisted surgeries. Additionally, swift advancement in the research and development coupled with growing investment in the healthcare for improving the existing healthcare facilities is boosting growth of the global medical robotics and computer-assisted surgery market. However, Asia Pacific is expected to emerge with impressive CAGR over the forecast period.
Some of the players operating in the global medical robotics and computer assisted surgery market are Intuitive Surgical, Mimic Technologies, Simulated Surgical Systems, LLC, Simbionix, Mazor Robotics, VirtaMed AG, Verb Surgical, Medrobotics, Restoration Robotics, Auris Surgical Robotics, Virtual Incision, Medtech S.A, THINK Surgical, TransEnterix, Titan Medical, and AVRA Medical Robotics.
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