Frost & Sullivan: Asia-Pacific Countries Offer Sizeable Growth Opportunities for Image-guided and Robot-assisted Surgery

Frost & Sullivan: Asia-Pacific CountriesFrost & Sullivan: Asia-Pacific Countries Offer Sizeable Growth Opportunities for Image-guided and Robot-assisted Surgery PR Newswire KUALA LUMPUR, Malaysia, Feb. 11, 2014 -- Proven efficiency of IGS and RAS drives volume adoption in cardiac, orthopedic and neurological procedures Asia-Pacific is a hotbed of investment activity owing to the booming economic growth in its emerging countries. The market's vibrancy has particularly aided the healthcare industry, where private hospitals are looking to make the most of these trends by investing in assistive technologies. Higher disposable incomes, deeper penetration of health insurance, and improvement in the overall quality of life have created a huge demand for quality healthcare services. Therefore, there is rising interest in efficient and patient-safety treatment protocols that can be achieved using image-guided surgery (IGS) and robot-assisted surgery (RAS). New analysis from Frost & Sullivan (http://www.medtech.frost.com), Image- guided and Robot-assisted Surgery Market in Asia-Pacific, finds that the market earned revenues of US$217.4 million in 2013 and estimates this to grow at a compound annual growth rate of 22.1 percent to reach US$590.4 million in 2018. "In Asia-Pacific, there has been a steady inflow of medical tourists requiring surgical interventions for non-communicable diseases," said Frost & Sullivan Healthcare Consultant Poornima Srinivasan.