Global $1.03 Bn Robotics Surgical Simulation Systems Market to 2024: Focus on Product Type, Application, End User, 20 Countries’ Data, and Competitive Landscape – ResearchAndMarkets.com

2019 OCT 16 (NewsRx) -- By a News Reporter-Staff News Editor at Health & Medicine Business Daily -- The “Global Robotics Surgical Simulation Systems Market: Focus on Product Type, Application, End User, 20 Countries’ Data, and Competitive Landscape - Analysis and Forecast, 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global robotic surgical simulation systems market was valued to be $276.5 million in the year 2018 and is anticipated to witness an impressive double-digit growth rate, to reach $1.03 Billion by 2024. Key Questions Answered in this Report: How is the role of simulation training in enhancing surgical pathways expected to evolve in the future?

Robotic-assisted surgery is currently the leading clinical application incorporating robotic surgical simulation. What would be the next emerging clinical application?

What is the strongest return on investment due to the incorporation of competency-based surgical training over mentor-apprentice-based training?

What are the major market drivers, challenges, and opportunities in the global robotic surgical simulation systems market?

What are the steps taken by the industry players to overcome the challenge associated with the lack of clinical data supporting the efficacy of simulation training?

How would the current dominating stake conquered by companies offering robotic simulation integrated with surgical robotics, be impacted due to the evolving perception of end-users toward the incorporation of robotic simulation?

What are the key strategies incorporated by the leading players of the robotic surgical simulation systems market to sustain the competition?

What is the current total market size and forecasts (until 2024) for different product categories available in the market?

What are the current total market size and forecasts (until 2024) for different robotic simulation systems associated with each type of therapeutic application?

What is the role of each type of player in robotic surgical simulation systems market? Overview of the Global Robotics Surgical Simulation Systems Market The global incidence of surgical errors was acknowledged to be 5.5 million in 2008. Witnessing a compound annual growth rate of 3.91%, the surgical errors incidence was conceded to be 7.9 million in 2018. Acknowledging the growth in the past ten years, the surgical errors incidence is anticipated to reach a devastating figure of 10.5 million by 2029. The associated economic burden is expected to reach $161 billion by 2029.

Presently, one in every 16 surgical procedures in the U.S. is recognized to be a surgical error. In 2018, the U.S. witnessed approximately three million cases of surgical errors. The scenario gets further baffling if the statistics associated with other developed countries, such as Japan, and China, come into focus. The countries together contributed to approximately 66% of the global incidence of surgical errors. China registered the second-highest incidence of surgical errors.

The procedural incompetence and lack of adequate pre-operative planning are the leading causes of surgical errors. Together, the two factors contributed to 51% of surgical error cases witnessed in the last ten years. Apart from them, poor peer communication is acknowledged to be attributing to 12% of cases.

Hence, the statistics evidently show that the lack of adequate surgical training is the predominant cause of massive surgical errors’ incidence. The growing emphasis on patient safety is strengthening the obligation of decreasing the dependency of surgical training over the apprentice-mentor relationship and operating room-based training.

Robotics surgical simulation systems are one of the ground-breaking technologies which hold an enormous potential to transfigure the surgical education practices. The recent advancements in computational technologies augmented by the immeasurable knowledge of the functioning of the human body have made disruptive technologies such as robotic simulation systems, a reality. The key abilities of robotics surgical simulation system, are: 1. Provision of standardized-safe practice for surgical training with iterative practice freedom

2. Scope for developing case-specific operative planning

3. Provision of realistic scenario to the utmost accuracy

4. Scope for framework enabling training for the entire operational team

5. Provision of the competency-based framework which enables performance assessment

6. Robotics Surgical Simulation Systems Market Forecast Key Topics Covered: Executive Summary 1 Report Scope and Methodology 1.1 Product Definition

1.2 Research Scope

1.3 Global Robotics Surgical Simulation Systems Market: Research Methodology 2 Industry Analysis 2.1 Regulatory Framework and Government Initiatives

2.1.1 Regulations in North America

2.1.2 Regulations in Europe

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