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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Accuray Accuray market share
Intuitive Surgical Intuitive Surgical market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
12.1%
Annual Growth 16-21
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Profit
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Employment
11,153
Businesses
117
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 - Starting a New Business Chapter

The Robotic Surgery Equipment Manufacturing industry exhibits high barriers to entry. For example, regulatory hurdles, particularly in the form of medical device excise taxes, coupled with moderate capital investment costs, has constrained the number of industry entrants. Furthermore, many existing robotic surgery equipment is currently protected under patent, which may pose as a barrier for new firms... 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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