Thursday 27 February 2014

Increasing Prevalence of Chronic Diseases is a Key Market driver for the Growth of Global Robotic Surgery Market

Reportstack has announced a new market research publication on Global Robotic Surgery Market, which finds that increasing prevalence of chronic diseases is a key market driver for the growth of this market during the forecast period 2014-2018.
Increasing prevalence of chronic diseases amidst an ageing population will require more surgical intervention, thus leading to the demand for higher use of medical, robot-assisted surgeries and the growth of this market. In addition, healthcare expenditure will be increasing worldwide with more funds invested for adopting systems that provide better medical treatment for chronic diseases. This will have a positive effect on the growth of the overall market for robotic surgeries.
Though the Global Robotic Surgery market has been gaining its revenue mainly from the US and Europe, major vendors are focusing on many emerging nations like India for future growth, due to the booming medical tourism in treating chronic diseases in these regions. Key players in the Global Robotic Surgery market are developing advanced automatic devices for treating patients with chronic diseases. Robot-assisted procedures are among some of the advanced technologies that are helping in treating patients effectively. It is forecasted that the coming years will see hospitals and doctors relying more on robotic surgery to minimize human errors and increase efficiency.
To determine the scenario for these vendors in the next 3-4 years, analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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