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Computer-assisted Surgical Systems Market Outlook, Opportunity and Demand Analysis, Forecast 2017 - 2025

01-24-2020 07:05 AM CET | Health & Medicine

Press release from: Transparency Market Research

Computer-assisted Surgical Systems Market

Computer-assisted Surgical Systems Market

Computer-assisted surgery (CAS), also known as image-guided surgery or 3-D computer surgery, is a computer-based surgical procedure using advanced technologies such as 3-D imaging and real time sensing. It utilizes intuitive software, smart instruments, and infrared camera navigation to achieve precision. CAS is an advanced procedure used in the operating room due to high level of visualization and accuracy.

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It is generally used in neuro, ENT, cardiac, urological, spine, trauma, and orthopedic surgeries. Advantages of CAS include advance planning of surgery using 3-D computer models of patient's anatomy, better visualization, and real-time feedback. For patients, the major advantages of CAS are minimally invasive technique, less blood loss, lesser amount of exposure to radiations through X-rays as it cuts down the number of X-rays required, and early recovery.

Drivers of the computer-assisted surgical systems market are growing preference for minimally invasive procedures, increasing demand for advanced medical facilities, and reduced hospital stay due to fast recovery. However, high maintenance and service cost for the equipment and unavailability of highly skilled professionals are the major restraints of the market. Technological advancements focusing on the use of robotic systems in surgery is likely to boost market growth.

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In terms of product type, the computer-assisted surgical systems market can be segmented into surgical navigation systems, surgical robots, and surgical planners & stimulators. The surgical robots segment is anticipated to experience significant growth owing to rapidly advancing technologies, adoption of surgical robotic systems in large hospitals, and improving health care infrastructure.

Based on application, the computer-assisted surgical systems market can be segmented into preoperative planning and stimulation, ENT surgery, cardiac surgery, colorectal surgery, navigation methods, surgical robotic systems, spine surgery, craniofacial surgery, and others.

In terms of region, the computer-assisted surgical systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds the largest market share due to rapid technological advancements. Asia Pacific and Europe are expected to grow due to rising medical tourism and increasing patient population. India and China are likely to witness strong growth owing to rising awareness and increased government funding.

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Key players in the market are Stryker Corporation, Accuray Incorporated, Medtronic, 3D Systems Corporation, B. Braun Melsungen, MAKO Surgical Corp., Brainlab AG, Mazor Robotics Ltd., CONMED Corporation, Renishaw plc, Curexo Technology, Titan Medical, Inc., Blue Belt Technologies Ltd., Think Surgical, Inc., Hocoma AG, Hansen Medical, Inc., Intuitive Surgical, Smith & Nephew, and Hitachi Medical Systems.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports strive to provide clients to serve their overall research requirement.

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