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Medical Robotics and Computer-Assisted Surgery: The Global Market (focus on Asia-Pacific and Emerging Markets)

Medical Robotics and Computer-Assisted Surgery: The Global Market (focus on Asia-Pacific and Emerging Markets) - new market research report published

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2012-12-03 19:29:56 - Medical Robotics and Computer-Assisted Surgery: The Global Market (focus on Asia-Pacific and Emerging Markets) - a new market research report on

- The Asia-Pacific region is the fastest-growing market, with a 2011 through 2016 CAGR of almost 17%.- The Australia/New Zealand market is projected to grow at a CAGR lower than that of any other major Asia-Pacific market (11.2% over the next 5 years), causing its market share to drop from 25% in 2010 to 10% in 2016.- The global market for medical robotics and computer-assisted surgical (MRCAS) equipment was worth nearly $2 billion in 2010. The market is projected to be $2.1 billion in 2011 and $3.6 billion by 2016 for a CAGR of 11.1% between 2011 and 2016.Information technology plays a key role in an ever-widening range of human activities, including surgery. Computers, working in tandem with



a variety of microprocessor-enabled equipment and instruments, support and facilitate the work of the surgeon and have brought a level of safety and precision to surgery that would have been inconceivable just a few years ago.These computers, electronic equipment, and instruments are referred to collectively as medical robotics and computer-assisted surgery (MRCAS) or, more dramatically, "the operating room of the future." MRCAS is used in a growing number of operating rooms around the world, largely as a result of the growing popularity of minimally invasive surgical (MIS) techniques. Minimally invasive, or "keyhole" surgery is an alternative to traditional open-incision surgery in a growing number of procedures. MIS utilizes special instruments that can be inserted and manipulated through small incisions (sometimes no more than a few millimeters long) under remote optical or video guidance, greatly reducing patient trauma and recovery times.The need to perform delicate surgical procedures safely in tight spaces where the surgeon cannot see directly has created a growing market for devices that act as extensions of the surgeon´s eyes and hands: remote imaging, data processing and feedback, and robotics. Meanwhile, MRCAS technology has been evolving, as have the medical and economic environments in which it is used. Populations are aging, increasing demand for a wide range of age-related surgical procedures such as heart and orthopedic surgery. Technological advances have expanded the range of surgical procedures that can be performed using minimally invasive techniques, making them accessible to even more people.The structure of the hospital industry, the main user of MRCAS, is also changing as hospitals consolidate and other health care options such as walk-in surgical clinics become available to consumers. Private and government health insurers around the world are becoming more cost-conscious, forcing hospitals to re-evaluate their capital spending plans but strengthening the case for technologies that can reduce the cost of surgical procedures. Medical malpractice suits continue to be common in markets like the United States, so technologies that increase the precision and accuracy of surgery have obvious appeal.In such a fast-moving field, there is a pressing need to develop and maintain an up-to-date base of market information in order to better understand the dynamics of the market for MRCAS devices and equipment.SCOPE AND FORMATThis report is an analytical business tool with the primary purpose of describing the MRCAS equipment industry and the global market for these devices. MRCAS equipment is defined as computer- or microprocessor-enabled devices and accessories that are physically situated in the operating room and directly assist the surgeon in planning and carrying out surgical procedures. Thus, the scope of the study does not include:Devices that provide images and other information but are not an integral part of the MRCAS system, such as preoperative imaging (e.g., CT, MRI) equipment, laboratory and other analytical devices.
Computerized medical records systems.
Electronic operating room equipment such as heart monitors that enable the surgical team to monitor the patient´s condition but do not assist the surgeon directly in carrying out the operation.
Other nonelectronic operating room equipment.The format of the study is organized around the following topics:Major types and applications of MRCAS
Industry structure
Market size and segmentation, including historical data on sales by application, product type, and geographical market
Market drivers
Detailed market projections through 2016
Competition and market shares
Observations and conclusions regarding the future of the MRCAS market

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