Global Robot-assisted Surgical Devices: Increase in Demand for Patient-specific Surgeries Driving the Market

The “Global Robot-assisted Surgical Devices (RASD) Growth Opportunities, 2021″ report has been added to ResearchAndMarkets.com’s offering.

An aging population and accompanying retirements will cause a significant physician shortfall of 55,000 to 150,000 by 2030, creating a gap in the healthcare system. Expanding the role of autonomous robots can mitigate the shortage.

The healthcare sector is forecast to expand rapidly with the decentralization of institutions bringing about more offerings with robotic surgeries. Influenced by the growing incidence of lifestyle diseases and demand for affordable healthcare, effective surgery with robotic devices with a favorable decline in treatment costs looks promising.

Robotic technology adoption has improved surgeons’ capabilities with better ergonomics, motion scaling, and tremor filtration, meeting their demand. The need for experience before robotic surgery remains debatable. However, the transition from a laparoscopic surgeon to a robotic surgeon is associated with a shorter learning period. Hence, several medical academic and research institutes in the United States and Europe now offer robotic surgery training programs to ensure more surgeons have expertise and skills with a shorter learning curve.

Hospital spending on capital equipment recorded an upswing early in 2021, signaling a stronger outlook for surgical procedures guided by robotic systems for the coming years. Hospital finances seem to be significantly healthier than they were after the economic downturn following the COVID-19 pandemic onset. The publisher projects leasing to grow as a percentage of sales over time, with deferred revenue increasing in the future as customers access capital through alternative financing arrangements.

The publisher overviews the global robot-assisted surgical devices (RASD) market and revenue forecast from 2022 to 2026, covering a detailed market segment analysis, including various promising and emerging business models. We offer forecast by product (RASD systems, instruments and accessories, RASD services) and region [(North America (NA), Europe, and Asia-Pacific (APAC)].

The study analyzes emerging opportunities and technology trends in surgical robot devices and procedures, with an exclusive focus on technologies enabling different market segments. The publisher also details innovations in different segments, initiatives to improve the overall adoption of surgical robotics technologies, and trends that drive and hinder the market growth.

KEY FEATURES

The trends shaping the industry are:

Increase in Demand for Patient-specific Surgeries: Well-informed patients are demanding surgeons for personalized therapies, implants, procedures, and experience.

Demand for Better Procedural Efficiencies: Patients demand maximum comfort while requiring minimum physical supervision. The need of the hour is reducing surgery times, better efficiencies, and optimized outcomes.

Changing Reimbursement Trends: The shift toward payments based on quality plus cost over procedure-based reimbursement is likely to change the way medical technologies are evaluated and purchased.

Changing Dynamics between Participants: Mergers and acquisitions, joint ventures, and leasing models are forecast to shape the industry.

Shift to Emerging Economies: Large orthopedic participants are focusing on Asia-Pacific and other emerging economies that are forecast to register growth rates 2 to 3 times higher than developed markets.

Demand for Lesser Hospital Time: The focus shifts to technologies that involve lesser hospital time for patients and lead to quicker recoveries.

Key Topics Covered:

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8T
The Impact of the Top Three Strategic Imperatives on the Robot-assisted Surgical Devices Market
Growth Opportunities Fuel the Growth Pipeline EngineT
Market Overview

Segmentation by Application
Technology Overview of the Study
Next Generation Technology and What it Means for Minimal Invasive Surgery
Evolving Roles of Robotics in Surgery
AI Enhances Human-robot Interaction (HRI)
Growth Opportunity Analysis

Scope of Analysis
Segmentation by Application
Key Competitors
Key Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Product
Revenue Forecast by Region
Revenue Forecast Analysis
Forecast Analysis by Region
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share
Revenue Share Analysis
Growth Opportunity Analysis – RASD Systems

Key Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Revenue Forecast by Region
Unit Shipment Forecast by Product
Unit Shipment Forecast by Region
Forecast Analysis
Growth Opportunity Analysis – Instruments and Accessories

Key Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Revenue Forecast by Region
Forecast Analysis
Growth Opportunity Analysis – RASD Services

Key Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Changing Paradigms in Surgical Care with Robotics

Evolving Roles of Robotics in Surgery
Recent Advances in Robotic Surgery
AI Enhances HRI
AI for Autonomous Robotic Surgery
Transition from Multi-port to Single-site Surgery
Robotic Surgery Becomes the Standard of Care
Future Use Cases

Adoption Criteria for Robot-assisted Surgery
Comparative Matrix
Opportunities and Development Scenario by Specialty
New Entrants and Changing Ecosystem

RASD Portability
Connectivity and Telesurgery
Business Models

Digital Surgery-as-a-Service
Increasing Focus on Microsurgery
Future RASD Market Direction
Growth Opportunity Universe

Growth Opportunity 1 – AI for Robotic Surgery to Predict Surgical Outcomes and Minimize Variability
Growth Opportunity 2 – Telesurgery enabled with Digital Connectivity to Eliminate Latency
Growth Opportunity 3 – Improved Dexterity to Enable Quick Patient Recovery
Growth Opportunity 4 – New Pricing Models to Improve Adoption
Growth Opportunity 5 – Simulation and Training for Enhanced Surgical Outcomes

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