PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Era of Robotics Beginning to Take Shape in Healthcare Industry - The introduction of image-guided and robot-assisted surgery (RAS) has sparked a revolution in the practice of medicine
Era of Robotics Beginning to Take Shape in Healthcare Industry

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2008/05/28 - The introduction of image-guided and robot-assisted surgery (RAS) has sparked a revolution in the practice of medicine.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The industry shift toward minimally invasive and laparoscopic procedures has taken a step further with the advent of these sophisticated systems. These systems essentially allow surgeons to successfully perform high-risk procedures in the smallest of anatomy; procedures that were nearly impossible a decade ago.

New analysis from Frost & Sullivan (medicaldevices.frost.com), U.S. Image-guided and Robot-assisted Surgery Markets, finds that the market earned revenues of $813.0 million in 2007 and estimates this to grow at a compound annual growth rate of 25.8 percent between 2008 and 2014.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the U.S. Image-guided and Robot-assisted Surgery Markets, please send an email to Stacie Kopecki, Corporate Communications, at skopecki_pr[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

"Precise motion control systems coupled with newer high-resolution image-guidance software has dramatically improved the accuracy of planning and executing complex surgical procedures." notes Frost & Sullivan Industry Manager Venkat Rajan. "Another significant advantage these systems have over traditional approaches is that they drastically limit the amount of blood loss, reduce procedure time, and improve recovery time."

The seemingly expanding applicability of robotic systems in addressing various diseases is raising interest among large healthcare facilities. Robotic systems, such as the Da Vinci system, are being investigated and tested for multiple surgical applications, ranging from hysterectomies to cardiac by-pass surgery. Furthermore, hospitals currently have the infrastructure to support these high-tech systems. Networks to stream video, transfer files, incorporate and store high-resolution body scans, software capable of identifying trouble areas, and motion control intelligence to account for tremors are on par with the advances in hardware at present.

Adding a new system such as robotics forces the surgeon to reassess all of their traditional approaches. The techniques and procedures that have been practiced for years essentially become outmoded.

"Hospital costs are spiraling out of control, and efforts to control these costs are likely to be a major restraint on the purchase of new expensive equipment," says Rajan. "RAS systems can be priced above $1.5 million for the capital equipment alone and navigation systems such as Stereotaxis' Niobe system cardiac catheter system are sold at an approximate price of $700,000."

Given that the capital costs for a robotics or image-guided surgery system can exceed $1 million, it is important for companies to sell the worth of their systems to the administrative decision makers at hospitals. A hospital deciding whether to add a new MRI/CT scanner or a robotic assist system might decide to wait on the robotics, assuming it is something they will use more in the future than at present. Proving that surgical robotics is cost effective, improves clinical success and a broad number of clinical applications involving minimum training periods can help expedite the market adoption of systems.

U.S. Image-guided and Robot-assisted Surgery Markets is part of the Medical Devices Growth Partnership Service program, which also includes research in the following markets: U.S. Carotid and Intracranial Devices, U.S. Peripheral Stents and Stent Grafts, U.S. Congestive Heart Failure Devices Market, and U.S. Cardiac Surgery Markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

U.S. Image-guided and Robot-assisted Surgery Markets / N14C

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Era of Robotics Beginning to Take Shape in Healthcare Industry

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Stacie Kopecki 
210.247.2450 stacie.kopecki[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Medical Services/Equipment Most Recent Related Newswires:

Datalogic Announces New Healthcare Memor X3 HC Mobile Computer
Neuronix Ltd Announces the First Group of Mild to Moderate Alzheimer Patients to be Successfully Treated by The NeuroAD™ Therapy System
SelectMDx to be Distributed Across Middle East by IPS Genomix
GE Healthcare Partners with Oritain to Introduce Independent Test to Confirm Country of Origin of Fetal Bovine Serum
Saebo, Inc. Awarded Patent for Low-Profile Stroke Recovery Glove
GE Healthcare and HeartFlow Announce Global Cardiovascular Collaboration
Insulin Delivery Devices Market Size to Expand at 7% CAGR through 2020 Says PMR
Intubation Market Significant Profits Estimated to be Generated by 2025 Says Persistence Market Research
PMR Releases Report for Next Generation IV Infusion Pumps Market Impact of Existing and Emerging Market 2017-2025
Medical Tapes Market to Reach US$ 2Bn by 2024 Reports PMR
Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR
Huber Needles Market Expected to Reach US$ 55M by 2024 According to PMR
ZOLL Technologies for Improving CPR Quality to be Showcased at NTI 2017
ConfirmMDx Improves Prostate Cancer Diagnosis in African American Men
Biomarker-based Technologies to Disrupt Conventional Diagnosis in Diabetes Management across the Globe Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)