The global c-arms market is projected to exhibit a modest growth, at a CAGR of around 3.2%, during the forecast period. The adoption of advanced technology has been observed for surgeries. C-arm fluoroscope is considered as an effective tool for monitoring minimally invasive vertebroplasty. The trend towards robotics and high-precision instrumentation and the constant development of minimally invasive surgeries facilitates the surgeons to offer improved patient’s outcomes. As per the results of second-quarter earnings of Intuitive Surgical, Inc., da Vinci (a robotic surgical system) procedures increased nearly 18% compared to the second quarter of 2017. It has driven primarily due to growth in the US general surgical procedures and global urologic procedures. In addition, the second quarter systems revenue of 2018 grew by nearly 25% to $277 million than $221 million in the second quarter of 2017.
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Additionally, minimally invasive surgeries have a great significance in improved patient’s outcomes, reduced recovery time and hospital stay. The procedures employ much tiny incisions compared to conventional open surgery that enables to reduce blood loss and post-operative recovery times. Traditional open surgery needs several days of hospitalization and recovery time that can last in many months. However, in case of robotic-assisted surgery, the return to normal daily activities (except strenuous exercise and lifting heavy objects) occur in as little as two to three weeks. Additionally, some procedures can be carried out as an outpatient procedure, such as spinal stenosis or disc herniations and patients are usually discharged home under two to three hours after the procedure.
There is a significant rise witnessed in the adoption of minimally invasive surgeries, which is supporting the use of new minimally invasive technology by considering efficacy and safety associated with the device. For instance, the demand for TAVR has significantly increased as it enables to repair the valve without removing the damaged and old valve. The device was approved for the patients with symptomatic aortic stenosis, who are at high and immediate risk for standard valve replacement surgery. According to American Heart Association, a patient’s experience with this procedure may be similar to a treatment of balloon or even an angiogram regarding recovery and downtime as well as needs a shorter hospital stay with an average 3-5 days. Due to such benefits, the growth in the use of TAVR has been observed.
Rising demand for minimally invasive surgical instruments has observed over the last decade. There are various factors contributing to the growth of c-arms market in emerging countries, such as rising prevalence of chronic diseases, increasing healthcare spending and growing aging population in emerging countries. China, India and Brazil are focusing on improving its healthcare infrastructure, which in turn is propelling the adoption of advanced instruments for the treatment of patients. Indian government is focusing on increasing healthcare spending for improving healthcare infrastructure in the country. According to IBEF, the Indian government aims to increase overall healthcare spending to 2.5% of GDP by 2025 from 1.15% in 2017. It is expected to create significant opportunity for MIS instruments as the adoption of advanced surgical instruments, which in turn, will propel the c-arms market during the forecast period.
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Global C-Arms Market-Segmentation
By Product Type
· Fixed C-Arms
· Mobile C-Arms
· By Application
· Cardiac Surgeries
· Orthopedic and Trauma Surgeries
· Neuro Surgeries
· Gastrointestinal Surgeries
· Others (Urology)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
