The number
of surgical procedures has been on a rise due to the growing prevalence of
chronic diseases. As per the data provided by the Word Bank 30,537 surgeries
were performed per 100,000 people in the U.S., in 2012.
Similarly,
in 2015, the number of surgeries performed in Australia was 28,907 per 100,000
residents. Since surgical procedures are critical in nature and can be fatal if
not performed with utmost care, the surgeons need to be trained properly.
Attributing to this, the demand for surgical simulation products and services
is increasing rapidly, as they can help prevent and reduce medical errors
during surgeries.
Surgical
simulation involves the utilization of mechanical or electronic surgical
simulators in order to represent the test conditions which resemble practical
medical situations. These simulation procedures are performed for providing
procedural, technical, and operational skills to medical residents and
practitioners. According to a research conducted by P&S Intelligence, the
global surgical simulation market generated a revenue of $254.7
million in 2017 and is projected to grow at a 15.7% CAGR in the coming years.
Surgical simulation solutions include both products and services. Out of these,
the larger demand during 2013–2017 was created for products and the situation
is going to be the same in the near future.
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A key trend in the surgical simulation
market is the
adoption of augmented reality (AR) and virtual reality (VR) technologies in
surgical simulation for enhancing the efficiency of medical trainees. The
companies providing surgical simulation solutions are increasingly focusing on
incorporating AR and VR technologies in their offerings in order to provide
high-fidelity simulation environment to the residents. For example, in December
2017, ArthroS Ankle, a VR simulator for ankle arthroscopy, was launched by VirtaMed
AG; the various features of the product include authentic haptic feedback
through life-like anatomic ankle model, customizable course structure for
proficiency-based learning, adapted original tools, and realistic VR graphics.