Telemedicine Robotic Surgeries: The real-life Science-fiction Fantasies that Rocketed the Surgical Robotic Market
Robotic surgery is a computer-assisted surgery involving a partial or complete interference of a computer to perform surgeries. Robotic system reduces the risks of blood loss and infection, which can be fatal in cardiac and neurological surgeries. As a result, the demand of robotic surgical instruments has increased in recent years. Furthermore, the recent enhancements in technology, involvement of internet of things (IoT), and telemedicine has boosted the growth of surgical robotics market.
The idea of robots operating in surgeries might seem a bit scary, however, numerous studies proved that fully autonomous robotic surgeries can be more effective than the manual surgeries. The team at Children’s National Medical Center in Washington successfully performed an autonomous robotic soft-tissue surgery to stitch a pig’s bowel. In the study, smart tissue autissue-autonomousSTAR) were used to operate on pigs. STAR sutured and reconnected pig’s bowel segments, and results were compared with manual surgeries. STAR showed better accuracy and precision than the expectations of the surgeons. STAR is made of a robotic arm, several imaging technologies, and markers to navigate along the tissues. The team of medical center hopes that one day robotic surgeries will eliminate human error entirely, as it is the third major cause of death in the U.S.
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Apart from an autonomous robotic surgery, the advancements in robotic instruments have increased the market growth and reduced surgical time. Researchers from the University of Utah have invented an automated drilling machine that can perform cranial surgery 50 times faster than a standard procedure. This machine gives faster, cleaner, and safer cuts than a traditional equipment. It reduces the time required to oopen woundand decreases the chances of human infection. The drill was tested on plastic blocks and cadaver skulls. The team worked on numerous prototypes to guarantee accuracy and safety, and finally came up with a light weight and portable version of robotic drill. The researchers are now more focused on the development of a commercialized drill by partnering with medical manufacturers and estimates that the drill will be in the market in next two years.
In a recent study, a robotic instrument was developed, which is inspired from a space robotic arm. According to the research, high precision achieved in space is also helpful on the earth. The space station’s robotic arm, Canadarm2, was launched to assist in construction, however, it is now used to grab cargo spacecrafts. The same technology can be used in neurosurgical procedures, where high accuracy is essential.
The futuristic advancements in robotic surgery are limitless. However, the costs of such instruments are higher and not always affordable. Regardless of several medical institute’s hesitation, if robotic surgeries show higher rate of success, the surgical robotics market will grow exponentially. According to the recent report of Allied Market Research, surgical robotics market was valued at $19.5 billion in 2014, and is expected to garner $28.8 billion by 2020, growing at a CAGR of 6.0% from 2015 to 2020. The report offers Porter’s five forces analysis, key segments, regions, drivers, and challenges in the market. The report caters an in-depth analysis of market players by studying its business performance, market strategies, and developments. Therefore, it helps business experts and entry-level organization to understand the market trends and strategies.
Source: https://www.alliedmarketresearch.com/surgical-robotics-market