Integration of Robotic Technology in Healthcare set to revolutionize the Industry beyond the Limits of Human Ability:
A robot was first used medically in 1985 to assist in performing a brain biopsy. Since then, it is heralded as an emerging field that could bring a paradigm shift in healthcare. The need for minimally invasive surgeries is actuating the market of surgical robots and there is no exaggeration in saying that in future, a surgeon will be solely supervising while a robot performing the surgery. Several Robotic Systems have been approved by FDA for performing various kinds of surgeries such as General Surgery, Laparoscopic Surgery and Spinal Surgery. Robot Assisted Surgery has already proven to be of immense value particularly in comparison to conventional procedures and it will remain vital in future as these therapeutic devices maximize the clinical effectiveness of therapy.
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Overcoming the limitations of conventional surgeries and also improved clinical outcomes with rehabilitation robots driving the market:
The minimally invasive surgeries have advantages such as improved surgical results, minimal incisions and reduced hospital stay. When it is coupled with robotic technology, adds further benefits such as improved accuracy and precision, cosmetically appealing incisions and reduced surgeon’s tremors. Americas are leading the market for medical robotics as more number of manufacturing companies is concentrated in this region and also there is an improved acceptance of robots in healthcare in this region. Europe is the emerging market but Asia – Pacific is the region holding significant promise for medical robotics market as many big players are steering towards this region to distribute their products. Japan can be seen as the country with wide market scope as it has already got significant number of installations and it is also the region after Americas leading in robot assisted radio therapy market.
Rehabilitation with aid of robotics is new to the arena of rehabilitation therapy as only occupational and physiotherapies are practiced till now which are very labor intensive. There are about millions of people who get affected with stroke each year. Exoskeleton and assistive robots are bringing new life to the stroke affected and disabled people by aiding them in living an independent life. Prosthetic robots are assisting amputees and disabled persons in performing their Activities of Daily Living (ADLs).
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REPORT SCOPE:
Market Segmentation:
Unlike most other markets, the Medical Robotics is broadly classified into only two types based on certain factors like:
- By Type: Surgical Robots, Rehabilitation Robots, Non-Invasive Radio Surgery Robots, Robotic Catheters, Telemedicine Robots and Hospital Robots. With sub segments each:
- Surgical Robots: Neurosurgical Robots, Orthopaedic Robots and Laparoscopy Robots.
- Rehabilitation Robots: Exoskeleton Robots, Prosthesic Robots and Assistive Robots.
- By Geography: Americas, Europe, APAC and ROW.
Key Players:
- Intuitive Surgical Inc.
- Accuray Inc.
- Stryker Corporation
- Hocoma AG
- Mazor Robotics Ltd.
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