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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

The Robotic Surgery Equipment Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Accuray Accuray 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 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

 


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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