LVAD and Robotic Surgery Market 2013 Reports Now Available at MarketReportsOnline.com
Dallas, Texas (PRWEB) October 17, 2013 -- LVADs are the mechanical devices which are implanted into the abdomen or chest and attached to a weakened heart to help it pump. LVADs are now sometimes used as an alternative to transplantation. LVAD is suitable for bridge-to-transplant market, which extends the patient’s life until a suitable donor is found, and for destination market, where patients suffer from heart failure but are not eligible for heart transplants, may be due to their age or some other illness that might get aggravated by heart transplantation. Due to increasing demand for both BTT and DT, LVAD market is increasing tremendously. Also, with the rapid technological advancements in this segment, LVADs are expected to become a viable treatment option for heart failure patients in the future say the report at http://www.marketreportsonline.com/283665.html .
The report examines the LVAD market on a global scale and its various segments. The use of bridge-to-transplant has been more than destination therapy and is expected to rise in coming years. On the regional basis, the US accounts for the major share of the patients using LVAD due to improved outcomes and lower complication rates of the newer devices in comparison with international patients.
The major factors driving the LVAD market includes growing ageing population, increasing diabetic population, reimbursement trends, expansion in the number of LVAD centers, rising healthcare expenditure and under-penetrated market. Also, growing bridge-to-transplant, which help patients to survive until a donor heart becomes available for transplant, is a major driver for LVAD market. But there are certain challenges which the industry is facing as of now which include barrier for DT adoption and safety issues.
The competition in the global LVAD market is intense with few large players viz. Thoratec Corporation, Heartware International Inc. and Abiomed Inc.. The global competitive landscape along with the company profiles of the leading players in the market is discussed in detail & complete table of contents of this report available at http://www.marketreportsonline.com/283665-toc.html.
The worldwide market for robotic surgical technologies (http://www.marketreportsonline.com/283666.html) holds significant promise and expected to gradually replace traditionally adopted methods of surgeries. As the technology is largely getting integrated with the medical field, the use and demand of robot assisted surgical systems is increasing both in developing and developed economies. The demand is basically driven by growing awareness about the potential benefits among patients, surgeons and hospitals, favorable demographic trends, increased expenditure on healthcare and increasing prevalence of chronic diseases. The US is the leading market to claim maximum amount of robotic procedures whereas penetration rates are quite low globally thus reflecting the fact that there lies huge opportunities for the growth of robotic surgery market.
Increasing desire of both patients and surgeons for the most efficient and advanced treatment options is encouraging hospitals to adopt these surgical instruments not only to provide value to their patients and doctors but also to reinforce their reputation. Moreover, a very critical role is also played by favorable clinical data that has been observed over the years that has caused shift from traditional methods of minimally invasive surgeries to robot assisted techniques. However, the robot surgery market faces a lot of challenges like prevalence of regulatory risk, lack of trained surgeons to perform on highly complex instruments and extremely high cost associated with acquisition of these robotic systems which has led many hospitals to postpone their purchase.
Table of Contents of this report available at http://www.marketreportsonline.com/283666-toc.html.
The landscape of global robotic surgery market is highly competitive and is characterized by rapid technological innovations, new product introductions, entry of new players manufacturing robotic surgical systems and evolving industry standards. Major players in global robotic surgery market are Intuitive Surgical, Inc. MAKO Surgical Corp., Hansen Medical, Inc., and Accuray, Inc., among others. The da Vinci system designed and developed by Intuitive Surgical is the most widely accepted surgical device in the world and is expected to continue its dominance in future.
The report analyzes the robotic surgery market. It discusses the market opportunities in various segments, like prostatectomy and hysterectomy. It discusses market dynamics including industry trends, growth drivers and challenges. The report also profiles the major players in robotic surgery systems, with a discussion of their key business strategies.
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