Medical Robotics : Trend and Market Analysis
2 March 2020
There might be misconception that robot needs to be in humanoid form that composes of head, legs, and arms. However, it is not necessary for robot to be humanlike, but only a robotic arm would be enough and it is widely used within the industrial plant and production. In the developed country, robot, especially robotic arms, has been widely used within the factory since the reducing number of worker in manufacturing sector. The medical robot or robotics have been widely used mainly in order to response for aging society. And, it is a response to the higher demand or healthcare and limited supply of medical personnel. The examples of medical robots are surgical assistant robot, child development robot, patient monitoring robot, public relation robot, medical and prescription dispenser robot, chemotherapy assistant robot, and factory medicine producing robot.
Thailand has entered into the aging society since 2005. Therefore, Thailand would need more medical robots given that medical personals are limited. However, even robots can help alleviating the problem of lack of manpower, the medical robot are expensive compared to common treatment and healthcare provider. However, in the near future, Japan, South Korea, and China will produce more medical robot and it would drive the price down. Thus, Thailand might import more of the medical report more in the future. In 2018, estimated the revenue of global medical robotics industry to be 6.62 billion U.S. dollars with the projected value of 46.24 billion US dollars in 2022 under the assumption of 20 percent growth rate per annum. They are high requirement for effective treatment and precision surgery, more patients, and more government authorization of robotic surgery and treatment.
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