Growing market for image-guided surgery (IGS) and robot-assisted surgery (RAS) in Asia-Pacific
Image-guided Surgery and Robot-assisted Surgery Market in Asia-Pacific - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-04 06:27:02
There is a growing market for image-guided surgery (IGS) and robot-assisted surgery (RAS) in Asia-Pacific (APAC). Japan accounted for about the largest amount of the total market revenue in 2013, followed by Taiwan. IGS has become well-accepted in most APAC countries. It is commonly used for neuro and spinal surgeries. RAS has been gaining slow acceptance in most APAC countries. Regulatory environment and lower reimbursement are key deterrents to growth. Adoption of IGS and RAS amongst healthcare providers varies considerably among the countries as well as among the public and private sectors. While Japan, Taiwan, South Korea, and Australia have high level of adoption of the technologies, most countries across the region are still in the early phase of adoption. There continues to be significant confusion and apprehension regarding the safety of and the accuracy of the prognosis provided by RAS technologies.Lack of surgeons specializing in IGS and RAS and constrained hospital budgets continue to dampen the adoption of assistive technologies in the region. Proven benefits of IGS and RAS technologies are driving volume adoption in developed and developing APAC countries at a moderate rate. The views of surgeons and patients are vital in adoption of the technologies. Budget constraints along with lack of skilled workforce deter hefty investment in RAS by healthcare providers. IGS is an attractive alternative business model for medical imaging companies. Proven benefits of IGS and RAS technologies are driving volume adoption in developed and developing APAC countries at a moderate rate.Several robots, currently being developed for various applications, will enter the market during the next five years.
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