Computer-assisted surgery (CAS), also known as image-guided surgery or 3-D computer surgery, is a computer-assisted surgical method that employs cutting-edge technology like 3-D imaging and real-time sensing. It achieves precision through the use of intuitive software, smart instrumentation, and infrared camera navigation. Because of its great level of visibility and accuracy, CAS is an advanced method employed in the operating room. It is commonly utilised in neurosurgery, ENT surgery, cardiac surgery, urological surgery, spine surgery, trauma surgery, and orthopaedic surgery. CAS has several advantages, including advanced surgery planning using 3-D computer models of the patient's anatomy, improved visualisation, and real-time feedback.
MARKET SCOPE
The Global Computer Assisted Surgical Market Analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the computer assisted surgical market with detailed market segmentation by product type and application. The report provides key statistics on the market status of the leading computer assisted surgical market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type the market is segmented as, surgical navigation systems, surgical robots, surgical planners and stimulators.
- Based on application the market is segmented as, preoperative planning and stimulation, ent surgery, cardiac surgery, colorectal surgery, navigation methods, surgical robotic systems, spine surgery, craniofacial surgery, others.
MARKET DYNAMICS
Drivers:
- Increasing demand for minimally invasive procedures is the key driving factor for the computer assisted surgical market.
- Advancements in surgical methods, rising healthcare expenditures are also expected to create significant growth opportunities for the market growth.
- Technological advancements in healthcare sector is also expected to spur the market growth.
- Factors such as, early recovery, less invasive procedures, less blood loss, higher acceptance rates among patients are also expected to spur the market growth.
Restraints:
- However, high service and maintenance cost involved with this alsong with dearth of skilled professionals are likely to restrain market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The computer assisted surgical market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the computer assisted surgical market in these regions.
IMPACT OF COVID-19 ON COMPUTER ASSISTED SURGICAL MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the computer assisted surgical market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from computer assisted surgical market are anticipated to lucrative growth opportunities in the future with the rising demand for computer assisted surgical in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the computer assisted surgical market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- THINK Surgical, Inc
- Corindus, Inc
- Stryker
- Brainlab AG
- B. Braun Melsungen AG
- Renishaw plc
- Intuitive Surgical
- Ekso Bionics
- Medtronic
- Zimmer Biomet