Category : Healthcare and Pharmaceuticals | Published at : February-2019 | Delivery Format : PDF | Status: Published | Pages : 160
Introduction
The global Image-guided & robot-assisted surgical procedures market size is anticipated to around USD 6.0 billion by 2026, this market is anticipated to grow with 14.9% CAGR during the forecast time period.
Market Dynamics
Speedy technological progressions in medical robotics is expected to bring about developing acceptance of robots in medical procedures. Rising number of complex medical procedures and injury occurrence are required to additionally drive the market.
Innovative progressions have changed surgeries in the course of the most recent couple of decades attributable to updates, for example, minute cameras, three-dimensional imaging frameworks, movement sensors, and remote route and automated catheter control frameworks. Da Vinci Surgical System, created by Intuitive Surgical, Inc., is the most broadly acknowledged framework for complex techniques. This PC upgraded framework equipped for supporting in complex laparoscopic techniques. This innovatively propelled framework lessens careful blunders and gives a superior patient result.
Market Insights
High spending on medical devices and equipment by hospitals is anticipated to additionally help the market for image-guided and robot-assisted surgical procedures. At present, Da Vinci System is utilized to perform medical procedures over the wide scope of fortes. Though robots, for example, Rosa spine and Rosa mind are utilized to perform spinal and neurological activities separately. This brings down the odds of blunders when contrasted with ordinary strategies. Ascend in spinal and neurological wounds is required to additionally fuel the market development over the conjecture time frame.
Emerged economies, for example, North America and Europe as of now have higher piece of the overall industry as far as income inferable from surging technologically-advanced medical robots propelled therapeutic robots and need for negligibly intrusive medical procedures.
Market Segmentation
Market By Specialty Type
- Gynecologic Surgery
- Urologic Surgery
- General Surgery
- Cardiothoracic Surgery
- Head & Neck Specialties
Market By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
Regional Insights
Europe was the second biggest district with 17.9% piece of the overall industry in 2018. Value touchy economies, for example, Latin America and Middle East and Africa have a low reception rate because of staggering expense. Asia Pacific is foreseen to grow at a CAGR of 16.7% over the estimate time frame inferable from components, for example, enhancing human services framework in nations like China and India. Japan, then again, has a standout amongst the most created medicinal services framework and has wide appropriation of computerization in each field. This has made a rewarding open door for therapeutic mechanical autonomy producers. These variables are relied upon to add to the local market request over the forthcoming years. Emerging economies, for example, Latin America and Middle East and Africa have less number of image-guided robots because of a greater expense and lower acceptance.
Market Participants
Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. George Washington University Hospital, Crouse Hospital, Medanta The Medicity, St. Vincent, Apollo Hospitals Enterprise Ltd., St. Clair Hospital, The Princess Grace Hospital, Northwest Hospital & Medical Center, and Atlantic Health System and Progressive medical robots being produced by Avateramedical GmbH; Auris Surgical Robotics; Cambridge Medical Robotics Ltd.; Verb Surgical, Inc.; and TransEnterix Surgical, Inc. are awaiting FDA approvals. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, acquisitions.
