August 2014

Analysts predict sluggish market for robotic orthopedic surgery systems

London, UK-based market information firm GlobalData reported in July that computer-assisted and robotic surgery are expected to remain the reserve of top-tier hospitals, mostly in developed countries, and that the technology has been slow to gain general acceptance.

Robotic surgeries will have a minimal impact on the orthopedic power tools market, which is forecast to be worth almost $1.7 billion by 2020, reported GlobalData, which also noted the cost-effectiveness of robotic devices for high-volume surgeries, such as large joint reconstruction and spinal fusion, remains to be justified, particularly in the current economic climate.

Many hospital administrators are reluctant to embrace the technologies, as they see a long delay for the equipment to recoup the extensive capital output, said analyst Linda Tian, who noted, “While navigation has earned increased enthusiasm from the orthopedic community over the past few years, with applications now evolving for use in hips and knees with less deformity in routine joint replacement surgeries, cost-effectiveness remains a significant barrier to the widespread adoption of these devices,” she said.

Tian said opinion leaders interviewed by GlobalData expressed concerns that computer navigation tends to lengthen operation times and does not necessarily promise statistically significant clinical superiority.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.