Rising Inclination Of Physicians For Robotic Operations To Tower The Global Powered Surgical Instruments Market

Rising volumes of surgical processes paired with technological enhancements such as the introduction of robot-supported surgical operations is anticipated to boost the development of powered surgical instruments market all over the world. In addition to this, increasing requirement for minimally invasive surgical operations is one of the major reasons for the development of the industry. As per estimates reported in 2013 by Ethicon Endo, almost 850 surgical processes occurred out of which almost 800 were minimally invasive operations. The demographic inclination of rising population all over the globe has offered corresponding increment to the occurrence of chronic disorders such as cardiovascular, neurological, and orthopedic diseases.

The abovementioned medical conditions result in the rising number of surgical operations to be executed. Favorable reimbursement programs paired with the enhancements in medical tourism is anticipated to positively drive the global market for powered surgical instruments in the years to come. On the other hand, lack of sterilization operations and incessant increase in the price limiting measure among different healthcare organizations are couple of factors that are hindering the development the global market for powered surgical instruments in the years to come.

Moreover, lack of skilled surgical experts along with rising number of surgical operations executed is accountable in increasing the requirement for robotic surgical operations. For instance, in 2017 as per Association of American Medical Colleges, the U.S. is anticipated to face noteworthy shortage of doctors adding almost 19,800–29,000 doctors by the end of 2030. Hence, the requirement for robotic operations in European and North American nations paired with the acceptance of minimally invasive operations that reduces labor cost and includes less post-surgical complications are anticipated to tower the development of global market for powered surgical instruments.

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