APRIL - 20216Managing EditorAlex D'souzaEditorial StaffVisualizerDavid JohnJaxon JaseSalesAndrew D'Souzaandrew.dsouza@medicaltechoutlook.com510.996.5123Joshua Parker Merlin WatsonJoe Philip Laura PintoAPRIL - 26 - 2021, volume 05 - Issue 05 (ISSN 2691-4093) Published by ValleyMedia, Inc. Emailsales@medicaltechoutlook.comeditor@medicaltechoutlook.commarketing@medicaltechoutlook.comTo subscribe to Medical Tech OutlookVisit www.medicaltechoutlook.com Copyright © 2021 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffAlex D'souzaManaging Editoreditor@medicaltechoutlook.comIn recent years Asia-Pacific has emerged as a principal manufacturer of surgical and medical devices. The awareness amongst the patients and high incidence of cardiac related diseases, gastrointestinal diseases, and prevalence of osteoporosis result in increased demand for surgeries. Therefore, this region is developing innovative robotic devices to perform critical surgeries. As the surgeries are increasing, that is significantly increasing the demand for handheld devices. Furthermore, increasing preference for minimally invasive and robotic and computer-assisted surgery is likely to boost the market growth. Technological development and adoption of advanced surgeries by the emerging countries are likely to drive the market. The robotic and computer-assisted sector has been in its infancy and is steadily gaining traction.China and the emerging economics of Japan and India are showing great development. The market is teeming with many players, from forceps manufacturers to power tools and robotics. Regionally, the Asia-Pacific region is expected to experience significant growth due to advancing the medical tourism industry, increasing willingness to undergo surgical procedures, increasing the prevalence of chronic diseases that require surgical procedures, and improving healthcare infrastructure. Medical device companies across the globe are contemplating to enter the Asia-Pacific market to expand their business. This thought leadership illuminates the massive potential that APAC holds and how the medical device market is increasingly focusing on strengthening their regulations along with building a unique distribution network across the countries. With rising income levels, swelling private sector investment and government incentives in the medical devices space, the market is poised for strong growth in the coming years. Furthermore, the region is a prime location for manufacturing and sourcing for global medical companies. The growth is further accentuated by rapid technological advancements and recognition that these products create value for patients and value-focused healthcare systems. Let us know your thoughts!A New Era Dawns for Surgical DevicesSarah FernandesEDITORIAL
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