October 24, 2005
For Immediate Release
Computer-Aided Surgery, Imaging Markets Examined in New MedMarket Diligence Report
FOOTHILL RANCH, CA — The global computer-aided surgery market is approximately $465 million and growing rapidly. In the U.S., the computer-aided surgery market was an estimated $296M in 2004. As new companies enter this arena, the annual growth rate is expected to increase from its current level of approximately 10% in 2005 to more than 20% in 2009, according to a new report from MedMarket Diligence.
"The use of virtual reality or, more mundanely, 'computer-aided surgery' systems found initial success in making accessible to the clinician organs, systems and especially pathology that was previously inaccessible, such as in neurosurgery," says Patrick Driscoll, President of MedMarket Diligence. "But growth in computer-aided surgery is now going well beyond radiosurgery or Gamma-Knife-type applications. Cost effective, standard practices in orthopedics, otolaryngology, cardiac, and spinal surgery a driving the market for these technologies in excess of 20% by 2009."
The status of products under development, on the market and otherwise the focus of efforts in computer-aided surgery, encompassing surgical and imaging applications, are detailed in the report from MedMarket Diligence. The report's description and table of contents are detailed at www.mediligence.com/rpt-s165.htm.
MedMarket Diligence provides tactical decision-making solutions on medical
technology to the medical products and investment industries. The company
MedMarkets newsletter, a monthly analysis of the market implications of new
medical technologies, and dedicated reports on technology markets. For
additional details, contact Patrick Driscoll at
email or call
949-859-3401 or toll-free (in the U.S.). 1-866-820-1357.