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Robotic Surgery Equipment Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Robotic Surgery Equipment Manufacturing Market Research Report | Life Sciences | Medical Devices | Jul 2015

Steady hand: Despite regulatory scrutiny, continued innovation will fuel rapid growth

IBISWorld’s Robotic Surgery Equipment Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Accuray Inc. Accuray Inc. market share
Intuitive Surgical Intuitive Surgical market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
10.2%
Annual Growth 15-20
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Profit
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Employment
12,925
Businesses
110
Industry Analysis & Industry Trends

During the past five years, the Robotic Surgery Equipment Manufacturing industry has exhibited robust growth due to the proliferation of robotic surgery equipment across the healthcare sector. Moreover, in the five years to 2020, the industry will continue to grow at a strong pace, despite to a more stringent regulatory environment. As the US healthcare system aims to cut healthcare costs, many third-party payers, including government insurers such as Medicare and Medicaid, will likely examine the cost effectiveness of robot-assisted surgeries across a range of procedures.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Robotic Surgery Equipment Manufacturing is characterized by a medium level of market share concentration. In 2015, the top four industry operators are expected to account for 65.8% of industry revenue. Overall, the industry exhibits a high level of fragmentation, which can be partly attributed to robotic surgery equipment having application for a particular ailment, including urologic, gynecologic, cardiothoracic, general and head and neck surgeries, among other applications. Furthermore, Intuitive Surgical's da Vinci, which is primarily used in gynecology-related surgeries, has been able to garner a higher market share due to the company expanding to include other clinical applications... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Robotic Surgery Equipment Manufacturing Industry?

This industry manufactures computer-controlled mechanisms that support the treatment of illness and injuries. Many manufacturers also provide installation and support services for robotics, which are included in revenue. The industry excludes patient-oriented services and teaching workshops.

Industry Products
Orthopedic surgical robotsNeurosurgical robots Other robotsSteerable robotic catheters
 
Industry Activities
Research and developmentTesting for and gaining FDA approvalRobotic surgery equipment


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