It is now a fact: sensors are step by step changing the medical industry landscape. Such technologies have already reshaped the huge US$35 billion medical imaging market (1). But what about the surgical robots market?
Robotics has only impacted the healthcare industry over the past 25 years. Unlike industrial or consumer robots, medical robots are facing challenges linked to regulations or healthcare organization: reimbursement policies, cost of entry, differences in healthcare systems. Studies have shown, however, that robotic surgery cuts down on the trauma and healing time for specific applications. As surgeons become more familiar with using robots for surgery, and as more companies provide medical robots, there will come a day when robots are used in almost every hospital.
According to Yole Développement (Yole), the surgical robotics market will experience an impressive 17% CAGR, from US$3.4 billion in 2016 to US$8.8 billion in 2022 (2). Each “participant” sees added value in this technology: minimal invasiveness for the patient, enhanced microsurgery and precision capabilities for the surgeon, and cost optimization for the healthcare system, due to patients’ shorter recovery time.
The market research and strategy consulting company Yole and its partner KnowMade, both part of Yole Group of Companies, are following the medical industry and related technologies continuously to identify technical breakthroughs, business opportunities and analyze the related patent landscape. The partners take part in numerous trade shows and conferences to meet industrial leaders, R&D players and present their analyses. Next month, Dr. Marjorie Villien from Yole will present her vision of the medical robots industry with a relevant talk, titled “How will sensor technology impact the medical robots of the future?” at Medisens Conference (Feb. 26-27 – London, United Kingdom).
For more information visit: Yole