Increase in Minimally Invasive Surgeries Drives the Global Computer Assisted Surgical (CAS) Systems Market, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) September 15, 2014 -- Follow us on LinkedIn – Computer assisted surgical (CAS) systems, which bring together surgical techniques and information technology, have transformed the way surgeries are performed. These intelligent systems not only improve outcomes of surgical procedures and provide innovative treatment approaches to medical conditions, but also aid in reducing pain, recovery period, and costs for patients. Global market for Computer-Assisted Surgical (CAS) systems is expected to record strong growth in the coming years driven by growing patient preference for minimally invasive surgical procedures, along with improving reliability of CAS systems. Gynecology, orthopedics, and neurology represent lucrative therapeutic application fields for computer assisted surgical systems. Favorable demographic factors such as aging world population, present substantial growth avenues for the CAS systems market. Growth will be supported by advancements in robotic-assisted surgical systems and development of advanced medical imaging technologies such as high resolution imaging, MRI, and 3D ultrasound. The need to cut healthcare costs is also driving hospitals to re-assess expenditure plans and is giving rise to demand for systems that can lower overall cost of surgeries. Consolidation in the hospital industry and availability of alternative healthcare options such as walk-in surgical clinics are compelling hospitals to shift focus onto technologies and systems such as CAS that can reduce cost and positively influence treatment outcomes.
As stated by the new market research report on Computer Assisted Surgical (CAS) Systems, the United States represents the largest market worldwide. Rising awareness over the benefits of CAS surgeries among surgeons and patients alike has positioned the country as one of the dominant regional markets. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 17% over the analysis period. Increasing investments in healthcare infrastructure facilities, rapid growth of medical tourism, focus on providing advanced equipment and technologies particularly in private hospitals, and the implementation of healthcare IT solutions in healthcare facilities are key factors spurring growth in the region.
Surgical robots represents the largest and the fastest growing product market supported by rising confidence in the precision of robotic surgery. Surgical navigation systems are also gaining prominence in minimally invasive procedures, as they enable precise navigation to the site of surgery, thereby enhancing accuracy and reducing risk of failure. Compatibility with currently available preoperative and intraoperative imaging solutions such as MRI and CT is also a key factor resulting in increased use of surgical navigation systems.
Major players covered in the report include Accuray Inc., B. Braun Melsungen AG, Brainlab AG, CAE Inc., CONMED Corporation, Curexo Technology Corporation, Hansen Medical Inc., Intuitive Surgical Inc., Medtronic Inc., Mazor Robotics Ltd., Northern Digital Inc., Polhemus Inc., Simbionix USA Corp., and Stryker Corporation, among others.
The research report titled “Computer Assisted Surgical (CAS) Systems: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for all major geographic markets such as the United States, Canada, Japan, Europe (France, Germany, Italy, UK, and Rest of Europe), Asia-Pacific, and Rest of World. Product segments analyzed include Surgical Planners & Simulators, Surgical Navigation Systems, and Surgical Robots.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Computer_Assisted_Surgical_CAS_Systems_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
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Public Relations, Global Industry Analysts, Inc., http://www.StrategyR.com/, +1 (408) 528-9966, [email protected]
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