Robotic Catheter Systems Market Overview
Though, robotic catheter ablations have usually had alike outcomes to traditional catheter ablation. Thus, the success and difficulty rates aren’t knowingly better or shoddier.
These robotic systems are expensive, so not all medical establishments have them. Only 10% of people indicated they regularly use a robotic system when going through a catheter ablation procedure.
The catheter ablation process with a single-point radiofrequency catheter is strictly stimulating to perform, particularly for an EP who has not achieved many. In theory, utilizing a robot simplifies the process and decreases the know-how needed. Though, studies haven’t verified this.
A robotic ablation begins the same way as conventional catheter ablation. First, the EP pullouts a catheter into the groin and guides the catheter to the right sideways of the heart. Then, a perforation is made in the septal wall unraveling the right and left sides of the heart. At that juncture, the EP leaves and goes to the robotic control system, regularly next to the room.
Here are some of the robotic systems which are utilized in catheter ablations, which are characteristically used as per the operator’s preference.
Niobe
Niobe is a magnetic system only working with the Biosense Webster mapping and ablation catheters and CARTO electroanatomic mapping system. It doesn’t seem like a robot but is measured as a robotic system. The bed of the patient is between two large magnets tracking the movement in the catheter and sending the info to the system. The EP uses a joystick-like those which is used in video games for the modification of the position of the magnets. Enabling the movement of the catheters. People who have a pacemaker or implantable cardiac defibrillator might not have a Niobe process since these devices might be affected by magnets.
Catheter Guidance Control and Imaging
Catheter Guidance Control and Imaging is a magnetic remote navigation system that has a magnetic chamber of 8 electromagnets around the patient chest. The system can alter the magnetic field virtually instantaneously and lets the operation of a special magnetic tip catheter for facilitating heart mapping.
Artis
It is a multi-purpose system that is based on robotic technology. CT or MRI is covered in fluoroscopic images for guiding navigation. The Artis makes use of dissimilar software applications for providing several imaging competencies. These comprise syngo DynaCT, syngo Electrophysiology Guidance, and syngo 3D Roadmap, and syngo Toolbox.
For determining whether the process of catheter ablation is suitable for you, see your doctor for the right piece of advice.
With the evolution of technology and the introduction of AI in almost every other industry, the demand for robotic catheter systems. Which are used in various medical procedures is slowly but surely rising around the globe, making the procedures more advanced.
Robotic Catheter Systems Size
A number of factors such as the growing prevalence of CVDs, increasing digitization of medical instruments. Surging focus of healthcare facilities on reduced risk of occupational hazards for cardiologists are expected to help the robotic catheter systems market exhibit a CAGR of 5.2% between 2019 and 2024. According to P&S Intelligence, the market will generate revenue of $656.8 million by 2024. Additionally, the surging awareness regarding the advantages of robotic catheter systems over manual catheter procedures will also contribute to the industry growth.
The surging incidence of CVDs, such as coronary artery diseases and arrhythmia, owing to age-related factors and sedentary lifestyle, will facilitate the market growth, globally. Robotic catheters are used to diagnose and manage CVDs, with minimal invasion and pain. As per the American College of Cardiology, the total number of CVD patients surged from 271 million in 1990 to 523 million in 2019. Furthermore, the WHO estimates that CVDs claim approximately 17.9 million lives each year.
In recent years, digitalization in catheterization labs has become a prominent trend in the robotic catheter systems industry. Procedures performed by robotic catheter systems are less invasive than manual catheterization procedures. Additionally, robotic systems take less time for treating blood clotting issues in blood vessels during the procedures. Owing to these advantages, healthcare facilities are increasingly adopting digitized instruments to develop integrated and automated cardiovascular interventional labs. Moreover, ongoing developments in robotic technology are helping hospitals cut down catheterization lab costs.
The multi-specialty systems category, under the type segment, accounted for a larger share in the robotic catheter systems market in the past few years. This is credited to the wide application base of multi-specialty robotic catheter systems in multiple ablation and interventional procedures. For example, the Sensei robotic catheter system by Hansen Medical Inc. can be used for both RF ablation and cardiovascular procedures. Owing to this reason, the market in this category is also expected to display faster growth in the forthcoming years.
Robotic Catheter Systems Market Trends
Currently, dominant players in the robotic catheter systems industry are actively involved in product launches. Collaborations, and acquisitions to consolidate their position. For example, in May 2019, Stereotaxis Inc. unveiled Stereotaxis Genesis RMN with Stereotaxis Imaging Model S, as an integrated solution for a robotic interventional operating room. Furthermore, in May 2019, Stereotaxis Inc. collaborated with Osypka AG to design and create a next-generation magnetic ablation catheter. Which uses the robotic technology of the former for navigation.
Geographically, the North American region generated the highest revenue in the robotic catheter systems market in the last few years. It will continue witnessing this trend in the coming years as well. The dominance of the regional market is attributed to the increasing number of CVD patients in the U.S. and Canada. For instance, according to the American Heart Association, CVDs were responsible for 868,662 deaths in the U.S. in 2017. In the region, the U.S. accounts for a larger market share, due to the presence of headquarters of prominent key players in the country.
Robotic Catheter Systems Market Growth
Thus, the surging burden of CVDs and the increasing digitalization of catheterization labs will fuel the demand for robotic catheter systems.
With the geriatric population (65 years and older) set to grow from 703 million in 2019 to 1.5 billion in 2050. As per the United Nations (UN), the heart disease incidence is rising. As a result, cardiology has become a lucrative career opportunity for people around the world. Nowadays, almost all large medical centers have a cardiology department, while many healthcare settings are dedicated to this discipline.
As per P&S Intelligence, the growing cardiology departments are expected to propel the robotic catheter systems market to $656.8 million by 2024 from $493.5 million in 2018, at a 5.2% CAGR between 2019 and 2024. An important cardiac procedure. Catheterization is performed during stent implantation, myocardial biopsy, coronary angiogram, ablation, and a variety of other procedures. During the procedure, a flexible rubber tube, the catheter, is pushed through a large vein or artery to the desired location in the body.
Robotic Catheter Systems Market Outlook
Such procedures are used to look for blockages in the coronary arteries (angiography). Measure the pressure and level of oxygen in the heart, monitor the pumping of the heart, conduct cardiac biopsies. Diagnose and treat congenital cardiac structure abnormalities, detect and repair valvular issues, widen a narrowed artery (placing a stent). Treat arrhythmias via ablation, and draw blood and administer drugs into the system. Therefore, with the wide application of catheters in cardiology, the volume of such procedures is rising.
This study covers
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
- Major players operating in the market and their service offerings
