Robot-assisted surgery is a vital element of telesurgery and has gained traction among surgeons in performing complicated surgeries, particularly laparoscopic surgery.
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.
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.
GET TABLE OF CONTENT OF THE REPORT
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.
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.
GET DISCOUNT ON THE LATEST REPORT
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
- Current and Future Threats
- Accurate Trend Analysis
- Regional Assessment
- Industrial Analogy
- COVID-19 Impact
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Regional Assessment
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
Industrial Analogy
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
COVID-19 Impact
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
The reports offer answers to the top 7 questions that revolve around the growth of the market
- What are the diverse growth parameters influencing the market?
- Which regions will contribute largely to the growth of the market
- What are the recent innovations and technological advancements in the market?
- What are the emerging trends across the market?
- How has COVID-19 affected the market?
- What will be the post-pandemic scenario of the market?
- What are the major threats that will dent the growth prospects of the market?