In the past 20 years, robot technology has been used in certain medical care areas to improve the efficiency and safety of surgical procedures or patient rehabilitation procedures; in recent years, with the evolution of robot technology, plus medical care The booming market has also increased the demand for robots for various surgical, auxiliary, and telemedicine applications.
A new report by market research agency ABI Research predicts that the global medical robot market will grow from less than US $ 790 million in 2011 to US $ 1.3 billion in 2016. The main focus is on high-end surgical robots and related automated radiation surgery radio-surgical) system. Larry Fisher, an analyst of the agency's emerging technology market, said that robot technology has been used in certain specific operations for many years. With the expectations of patients and physicians to improve medical results, medical robots are becoming more and more popular, and other Assistive technology and telemedicine automation tools.
Although the use of automation and assistive technologies can help make medical procedures and related activities easier, safer, and more cost-effective, the initial cost of building such technologies is still a threshold, especially for smaller medical institutions. In addition, the robot system specially designed for medical applications needs to undergo complicated clinical testing and subjective agency review procedures, which may also make such products expensive and the road to market will be very long.
Purchasers in the medical robot market are already limited to medical institutions or medical personnel with specific qualifications, and are also limited by economic conditions; smaller medical institutions may not be able to afford robot procurement budgets because such systems cost tens of thousands of dollars , May even be as high as 4 million US dollars. Therefore, Fisher said: "The growth of medical robot shipments is limited, but due to the high unit price of such products, the market revenue will reach billions of dollars after 2016."
Medical robots market to approach USD1.3 billion in 2016, says ABI Research
Julien Happich
RoboTIc technology has been used to provide medical care on a limited basis over the past two decades, helping to make surgical procedures and physical rehabilitaTIon more efficient and effecTIve, and safer for paTIents. Recent advances in robots' technological capabilities, combined with the improving economic environment for medical services delivery and payments, are driving increased demand for surgical, assistive and telemedicine-based robots.
A new study by ABI Research, "Healthcare and Medical Robots" foresees the global market for medical robotics growing from just under USD790 million in 2011 to nearly USD1.3 billion in 2016, driven largely by sales of advanced surgical robots and related automated radio- surgical systems.
Larry Fisher, research director of NextGen (ABI Research's emerging technologies research incubator) says, "While robots to assist surgeons have been used on a limited basis for years, the desire of patients and physicians to maximize the efficiency and effectiveness of medical treatment has led to a recent surge in the popularity of medical robots, as well as to the introduction of additional assistive technologies and telemedicine-based automation tools. "
Despite the benefits of using automated and assistive technologies to make medical procedures and activities easier, safer and more cost-effective, the initial cost of implementing such technologies remains a barrier to entry, particularly for smaller medical organizations. Moreover, robotic systems designed for medical care and treatment require significant clinical testing and trials as part of the regulatory approvals process, which can raise these products' price tags, and make their journey to market a lengthy one.
Moreover, the medical robots market is limited by the number of qualified medical institutions or practitioners that can use these devices. This group is further limited by economics; smaller organizations simply may not be able to afford the up-front capital expenditure associated with robots that can cost anywhere from tens of thousands of dollars to more than USD4 million per unit.
As a result, says Fisher, "On a unit basis, the market for medical robots will remain limited. At the same time, however, the high average selling price of most medical robots will help propel revenue to the billion-dollar level and beyond by 2016. "
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