SOURCE: Radiant Insights, Inc.

Radiant Insights, Inc.

February 03, 2016 07:30 ET

Surgical Robots for the Spine Market Worth $2.77 Billon by 2022: Radiant Insights, Inc.

SAN FRANCISCO, CA--(Marketwired - Feb 3, 2016) - Back conditions can result in instability and compression of the spinal nerves, causing back pain and/or radiating pain in the legs. Robotic procedures offer significant cost savings in terms of pre- and post-operation care costs and length of stay at hospitals. Technological advances and breakthroughs leverage new materials and new sensor configurations. Sophisticated software is further evolving product implementation.

In the United States, there are 1.34 million spinal operations performed annually, worldwide there are 4.83 million annually. Patients have problems with degenerative conditions and injury. 11 million people in the U.S. and 78 million people worldwide suffer from chronic back pain in 2015, indicating the potential for more surgery if the accuracy and pain relief can be alleviated with better surgery from robots.

Browse Full Research Report With TOC On "Surgical Robots for the Spine Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022" at: http://www.radiantinsights.com/research/surgical-robots-for-the-spine-market

The worldwide market for spinal surgical robots is $26 million anticipated to reach $2.77 billon by 2022. The complete report provides a comprehensive analysis including procedure numbers, units sold, market value, forecasts, as well as a detailed competitive market shares and analysis of major players' success, challenges, and strategies in each segment and sub-segment. The reports cover markets for surgery medical specialties and sub-specialties.

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