Computer assisted surgical system, also referred as robotic surgery system, uses computer software technology to control and move surgical instruments through one of more tiny incisions in the patient’s body for various surgical procedures. Computer assisted surgeries commonly uses surgical robots that mimics human arm and carry out surgical procedures by series of small incisions. Computer assisted surgical systems offer various advantages such as improved access, magnified vision, and stabilized implantation via smart instrumentation assisted by infra-red camera for navigation and software. The demand for computer assisted surgery is growing at a fast pace due to precision, miniaturization, less pain, and less healing time as compared to conventional surgical practices. Moreover, introduction of advanced technology in surgical robots is expected to boost growth of the global computer assisted surgical system market during the forecast period. However, the high cost and maintenance associated with system, and lack of skilled professionals are expected to hamper growth of the global computer assisted surgical systems market in the near future.
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Global Computer assisted surgical systems market Taxonomy:
By Product Type
- Surgical Navigation Systems
- Surgical Robots
- Surgical Planners & Stimulators
By Surgery Type
- Gynecology Surgery
- General Surgery
- Urology Surgery
- Cardiovascular Surgery
- Orthopedic Surgery
- Other Surgeries
By End Users
- Ambulatory Surgical Centers
- Emergency Clinics
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Global Computer Assisted Surgical Systems Market Driver
Computer assisted surgeries are conducted with the help of surgical robotic arms, which facilitate the surgery via small incision and less tissue damage. Moreover, computer assisted surgical systems provide more precise surgeries, which is expected to drive growth of the global computer assisted surgical systems market during the forecast period. Moreover, minimally invasive surgery decreases the cost of healthcare. For instance, the research studies conducted by Johns Hopkins suggests that minimally invasive procedures adopted by American hospitals saves around US$ 280 million to US$ 340 million per year spend for post-surgical complications occurred due to open surgery for appendix, colon, and lungs. According to the Health Research Funding report, around 400,000 robotic surgeries were performed in the U.S. in 2012 and had estimated around 25% increase in the rate of robotic surgery annually. Therefore, increasing use of surgical robots is expected to drive growth of computer assisted surgical systems market.
Furthermore, computer assisted surgery is preferred over conventional surgical, owing to its advantages and advancements in technology. Manufacturers in the market are focused on introducing upgraded robotic instruments and accessories with innovative features such as high resolution, precision, and flexibility of robotic device, which is expected to accelerate growth of the global computer assisted surgical systems market over the forecast period. Moreover, key players in the market are involved in widening the applications of computer assisted surgical systems with increasing advancements in surgical robotic systems. For instance, in 2018, Auris Surgical Robots received the U.S. Food and Drug Administration (FDA) clearance for Monarch, an Auris robotic endoscopy system, which can be used for diagnosing and treating lung cancer. Furthermore, key companies in the market are focused on various growth strategies such as mergers and acquisitions, in order to competitive edge in the market. For instance, in 2016, Zimmer Biomet acquired Medtech SA to enter the surgical robotics market.
Moreover, computer assisted surgical systems market is expanding by providing training and education associated with the use of the system. For instance, The U.S. FDA in associated with professional societies is working for encouraging training and education program to enhance the results of computer assisted surgery.
However, stringent approval policies by governmental authorities is expected to restrain growth of the global computer assisted surgical systems market in the near future.
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Global Computer Assisted Surgical Systems Market Outlook
On the basis of region, computer assisted surgical systems market is segmented into North America, Latin America, Europe, Middle East, and Asia Pacific. Among regions, North America holds the largest share in the global computer assisted surgical systems market. This is owing to technological advancements in the region, whereas Asia Pacific is expected to witness faster growth in computer assisted surgical system market over the forecast period due to increasing healthcare facilities and high rate of medical tourism in this region.
Global Computer Assisted Surgical Systems Market – Key Players
Key players operating in the global computer assisted surgical systems market include Intuitive surgical, Inc., Stryker Corporation, Mazor Robotics Ltd., Hansen Medical, Inc. (a subsidiary of Auris Surgical Robotics), Accuray Incorporated, Omnicell, Inc., Smith & nephew, and Zimmer Biomet.
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