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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 | Aug 2014

Robot remedy: Industry revenue will soar, as demand for complex surgeries increases

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 Inc. Accuray Inc. market share
Intuitive Surgical Intuitive Surgical market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
23.9%
Annual Growth 14-19
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Profit
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Employment
11,872
Businesses
102
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 2019, the industry will continue to grow, albeit at a slower pace compared with the previous period, due 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 multitude of procedures.... purchase to read more

Industry Report - Industry Locations Chapter

Robotic surgery equipment manufacturers are located throughout the country, but they are mainly concentrated in certain states known for other high-technology industries, including robotics. Other factors that affect geographic distribution include proximity to complimentary industries and academic research centers (such as Cornell and MIT). The industry's geographic spread is also based on location of customers, location of suppliers, traditional development of various industry segments, and location and accessibility of high-skilled labor.

This manufacturing industry is largely concentrated in the West region. IBISWorld estimates that this region accounts for 34.0% of industry establishments and more than 25.0% of total revenue... 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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