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 Products Chapter
According to a 2010 (latest data available) article by the Wall Street Journal, since 2000, about 1,500 US hospitals have purchased at least one of the da Vinci Surgical Systems, which costs $1.5 to $2.2 million. Robot-assisted surgeries are expected to result in less scarring, pain, blood loss, fewer complications, shorter hospital stays and faster patient recovery.
Orthopedic surgical robots
Over the next five years, the burgeoning elderly population will spur demand for orthopedic surgery, thereby inciting more surgeons to perform this procedure with the assistance of robotic technology... purchase to read more