A recent market research report by Transparency Market Research offers a thorough analytical evaluation of the global market for computer-assisted surgical systems. The report is titled “Computer-assisted Surgical Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.” The report presents qualitative insights pertaining to the past and present growth dynamics of the market and includes verifiable projections about the potential growth prospects of the market over the period between 2017 and 2025.
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The market is likely to witness expansion at a promising pace in the next few years as healthcare infrastructure across the globe becomes increasingly digitized and technologies in the field of computer-assisted surgeries improve at a rapid pace. While the market has presently sought good traction in developed economies so far, emerging economies, gaining pace in terms of digitization and adoption of advanced technologies in the healthcare sector, are also providing healthy growth opportunities for the global computer-assisted surgical systems market.
The vast rise in demand for minimally invasive surgeries owing to their benefits in terms of reduced time of recovery and lessened hospital stay and the rising demand for advanced healthcare facilities across emerging economies are also driving the market. However, the market is likely to witness roadblock in terms of the high cost of treatment with the help of computer-assisted surgical systems owing to the high base cost, cost of maintenance, and cost of service for advanced computer-assisted surgical systems. A serious lack of skilled professionals capable of using computer-assisted surgical systems could also hinder the growth prospects of the market to a certain extent.
The report breaks down the market on the basis of product type, application, and geography for providing a better and more comprehensive overview of the market. The market has been segmented on the basis of product type into segments such as surgical robots, surgical navigation systems, and surgical planners and simulators. Of these, the segment of surgical robots is likely to exhibit the highest CAGR over the report’s forecast period.
Key applications of computer-assisted surgical systems covered in the report include ENT surgery, preoperative planning and simulation, colorectal surgery, cardiac surgery, spine surgery, and craniofacial surgery.
Geographically, the market for computer-assisted surgical systems has been covered for regions such as Latin America, North America, Asia Pacific, Europe, and Middle East and Africa. Of these, North America accounts for the dominant share in the overall market owing to the technologically advanced healthcare sector and high adoption of innovative technologies in the healthcare industry. The markets in Europe and Asia Pacific are also likely to witness a healthy growth trajectory over the forecast period owing to the thriving medical tourism industry and rise in prevalence of several chronic diseases requiring surgeries.
Some of the leading companies in the market are B. Braun Melsungen, Accuray Incorporated, Stryker Corporation, MAKO Surgical Corp., 3D Systems Corporation, Medtronic, CONMED Corporation, Brainlab AG, Think Surgical, Inc., Mazor Robotics Ltd., Intuitive Surgical, Curexo Technology, Titan Medical, Inc., Renishaw plc, and Hitachi Medical Systems.