Global Telesurgery Market: Snapshot
Robot-assisted surgery is a vital element of telesurgery and has gained traction among surgeons in performing complicated surgeries, particularly laparoscopic surgery. Telesurgery or remote surgery offers several potential advantages over conventional surgical processes. Its use has transformed the delivery of patient care in places that severely lacks access to facilities owing to geographical or time constraints. Telesurgery typically employs miniscule robotic manipulators controlled by clinicians to accommodate the direction and force of required hand movements. The objective is to reproduce the same hand same sensitivity of the surgeons sitting remotely to gain small access to organs, but with more preciseness and less pain. The application of telesurgery in minimally-invasive surgeries offers clear benefits such as 3D vision, ergonomic design to enable several degrees of freedom in hand motion, and reduced immunity perturbation.
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The telesurgery market is still in developmental phase and the goal of performing successful surgery from remote distances is fraught with several constraints, most notably technological. Advances in information and communication technology (ICT) has to a great extent augmented the velocity of data transmission and enhanced reliability, thereby boosting surgical outcomes. Improvements in high-bandwidth fiber-optic services have significantly reduced latency, improved tactile feedback, and increased audiovisual fidelity. Furthermore, constant improvements are being made in the robotics technology to reduce the dependency on human interventions, which will help limiting surgical errors and lessening complications. The favorable learning curve is one of the substantial gains for clinicians. Further advances in the ICT used in telesurgery will allow several organizations to share clinical data, incorporate surgical training, and effect consultations in a globalized manner. This will enhance the cost-effectiveness of telesurgical procedures, bolstering adoption across the healthcare industry.
Global Telesurgery Market: Brief Overview
Telesurgery, commonly known as remote surgery, is an advanced technology that helps the doctors in performing a surgical procedure without being physically present in the operation theater. Telesurgery is achieved employing technologically advanced robots that execute preferred purposes with the help of preinstalled programs and a high-speed communication technology. The foundation of telesurgery is based on the principle of robotics and advanced communication technology. Surgical robots comprise a master console, one or multiple surgical arms, and an advanced sensory system. Generally, with the use of management information system technology and communication technology, a surgeon controls the functions of the surgical robots that perform the surgery. In spite the technology being innovative and dependable in nature, a surgeon is always present with the telesurgery system to control the malfunctions of the systems and further address complications.
The market intelligence report is a comprehensive review of the growth trail in terms of current, historical, and future scenarios of the global telesurgery market. It offers an evaluation of the aspects that are expected to influence the development of the market and the primary trends have also been specified in the research study. The research study also offers a broad lookout on the vendor landscape of the market through Porter’s five forces analysis. The research publication provides references of mergers and acquisitions, the research and development activities, specifics on licensing and collaborations. The report probes into the strategies related to marketing, shares, and product portfolio of the key participants in the global telesurgery market.
Global Telesurgery Market: Key Trends
The telesurgery market is anticipated to display exponential growth over the forecast period. The growth of the market can be attributed to factors such as rising number of surgeries across the globe, time and cost efficiency, growing prevalence of chronic diseases such as cancer, orthopedic diseases, and increasing innovations in technology. A large number of surgeries worldwide is considered as one of the most valuable factors contributing to the market growth of the global telesurgery market. For instance, according to the U.S. Centers for Diseases Control and Prevention (C.D.C.), over 51 million surgeries were performed in the U.S. in 2010.
On the basis of applications, the market has been classified into pediatric surgeries, gynecological operations, esophageal fundoplication, pancreatectomy, liver transplant, liver resection, cardiothoracic surgeries, and cancer surgery.
Global Telesurgery Market: Geographical Analysis
Region-wise the global telesurgery market has been segmented into Asia Pacific, Europe, North America, and the Rest of the World. Currently, North America is leading the market with the maximum number of shares owing to rising technological advancements and growing incidences of chronic diseases, such as cancer, orthopedic diseases, and liver disorders. Nevertheless, Europe and some of the countries in Asia-Pacific such as India, Japan, Australia, and China are projected to exhibit lucrative growth in the upcoming years owing to incessantly growing technological innovations and rising surgical practices.
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Global Telesurgery Market: Insight into Key Participants
Prime companies engaged in the development and commercialization of the telesurgery system are TransEnterix, Inc. (Flex Ligating Shears advanced energy device), Intuitive Surgical, Inc. (da Vinci surgical system), and SRI Intentional (M7) among others.