Global Robotic Surgery Systems Market Data, Insights & Forecast to 2025

  • ID:PD052035
  • August 2020
  • QY Research
                          

The Global Surgical Robotics Market Report (2014-2025) covers the surgical robotics market landscape, identifies new specialties where robotic systems are making a foray, the robotic systems i expected to be launched and in development stage. The report provides information on robotic surgical procedures, robotic surgery systems installed base and market dynamics in key countries, competitive landscape and new products in development. The report also provides expert commentary on the future of the market and on strategies that will be successful in maintaining a lead position in this expected to be highly competitive market. The global surgical robotics market will be $13 Billion by 2025 driven by the new generation robotic systems of dA Vinci and robotic systems from TransEnterix, CMR Surgical, Corindus Vascular Robotics and the soon to be launched robotic systems Hugo –RAS, Verb Surgical etc.

Key Findings
 
Surgery is at the cusp of a major transformation with robotic surgery systems at the centre augmented by advanced visualization, artificial intelligence and machine learning.
 
More than 6000 robotic systems have been installed in around 66 countries worldwide primarily for orthopaedics and abdominal/pelvic procedures. More than 40,000 surgeons are trained on robotic surgery and an estimated 6 million surgeries have been performed till date; and more than 1 million robotic surgeries per year are expected from 2019 onwards.
 
New robotic systems that overcome the limitations of incumbent robotic system will drive increased adoption of robotic surgeries in hospitals and ambulatory surgical centres.
 
Robotic surgery adoption and procedure penetration will increase in orthopaedics and neck to abdominal surgeries. Other specialties like pulmonary, oncology, vascular etc. are expected to see a rise in adoption with new robotic systems being launched for these specialties.
 
Reimbursement for robotic surgery will drive the procedure growth in developed markets. Robotic surgery adoption is going to increase outside of the United States with Japan, China; Saudi Arabia expected to rise in installed base and procedures.
 
Utilization of robotic surgery systems will increase as the limitations associated with legacy systems such as dedicated infrastructure, mobility etc. are no longer a barrier with newer systems.
 
Average Selling Price of robotic surgery systems are expected to moderate at $1 Million per system, the cost of instruments which is a barrier to procedure penetration is expected to come down with single use instruments which are expected to be launched.
 
Leaner systems without major infrastructure requirement, lower cost of acquisition of robotic systems, availability of options, attractive business models such as lease, disposables contract, single use systems etc. and; lower cost of disposables are going to be the market drivers.
 
Market leader position of Intuitive Surgical will be challenged by medical device giants Medtronic and Johnson and Johnson; and a host of other companies like TransEnterix, CMR Surgical, and Corindus Vascular Robotics etc. The new entrants are expected to offer differentiated systems and innovative business models.
 
From a monopolistic market to a highly competitive market – the robotic surgery market is going to witness a high level of intensity and large shift in dynamics in the coming years. The market will witness a flurry of activity as close to 60 companies are developing leaner and advanced robotic systems expected to be launched in the next five years.

1 Executive Summary

2 Scope Of The Report

3.1 Robotic Surgery Systems Market Segmentation and Scope
3.1.1 Market Driver Analysis
3.1.2 Market Restraint Analysis
3.3 Robotic Surgery Systems Market - PESTLE Analysis
3.4 Robotic Surgery Systems Market Attractiveness Analysis

4 Robotic Surgery Systems Market Global Growth Trends
4.1 Robotic Surgery Systems Market Size
4.2 Robotic Surgery Systems Market Growth Trends by Region
4.2.1 Market Size by Region (2014-2025)
4.2.2 Market Share by Region (2014-2019)
4.3 Robotic Surgery Systems Market Trends
4.3.1 Market Top Trends
4.3.2 Market Drivers
4.3.3 Market Opportunities
4.3.4 Roadmap of Robotic Surgery Systems
4.3.5 Installation Base by Region
4.4 Robotic Surgery Systems Market By Component Type
4.4.1 Robotic Surgical Systems, 2014 - 2025
4.4.2 Robotic Surgical Instruments and Accessories, 2014 - 2025
4.4.3 Robotic Surgical System Service , 2014 - 2025
4.5 Robotic Surgery Systems Market By Healthcare Setting
4.5.1 Hospitals , 2014 - 2025
4.5.2 Ambulatory Surgical Care, 2014 - 2025
4.6 Robotic Surgery Systems Market By Application
4.6.1 Urology, 2014 - 2025
4.6.2 Orthopedics, 2014 - 2025
4.6.3 Laparoscopy, 2014 - 2025
4.6.4 Neurosurgery, 2014 - 2025
4.6.5 Gynecology, 2014 - 2025
4.6.6 General Surgery, 2014 - 2025
4.6.7 Thoracic Surgery, 2014 - 2025
4.6.8 Cardiac Surgery, 2014 - 2025

5 Robotic Surgery Systems Market Overview
5.1.1 Market size and forecast
5.1.2 Key market trends, growth factors, and opportunities
5.1.3 Market size and forecast, by component type
5.1.4 Market size and forecast, by application
5.2 North America
5.2.1 Key market trends, growth factors, and opportunities
5.2.2 Market size and forecast, by component type
5.2.3 Market size and forecast, by application
5.2.4 North America market size and forecast, by country
5.2.4.1 U.S. market size and forecast, by component type
5.2.4.2 U.S. market size and forecast, by application
5.2.4.3 Canada market size and forecast, by component type
5.2.4.4 Canada market size and forecast, by application
5.3. Europe
5.3.1 Key market trends, growth factors, and opportunities
5.3.2 Market size and forecast, by component type
5.3.3 Market size and forecast, by application
5.3.4 Europe market size and forecast, by country
5.3.4.1 Germany market size and forecast, by component type
5.3.4.2 Germany market size and forecast, by application
5.3.4.3 France market size and forecast, by component type
5.3.4.4 France market size and forecast, by application
5.3.4.5 UK market size and forecast, by component type
5.3.4.6 UK market size and forecast, by application
5.3.4.7 Italy market size and forecast, by component type
5.3.4.8 Italy market size and forecast, by application
5.3.4.9 Spain market size and forecast, by component type
5.3.4.10 Spain market size and forecast, by application
5.3.4.11 Rest of Europe market size and forecast, by component type
5.3.4.12 Rest of Europe market size and forecast, by application

5.4. Asia-Pacific
5.4.1 Key market trends, growth factors, and opportunities
5.4.2 Market size and forecast, by component type
5.4.3 Market size and forecast, by application
5.4.4 Asia-Pacific market size and forecast, by country
5.4.4.1 Japan market size and forecast, by component type
5.4.4.2 Japan market size and forecast, by application
5.4.4.3 China market size and forecast, by component type
5.4.4.4 China market size and forecast, by application
5.4.4.5 Australia market size and forecast, by component type
5.4.4.6 Australia market size and forecast, by application
5.4.4.7 India market size and forecast, by component type
5.4.4.8 India market size and forecast, by application
5.4.4.9 Rest of Asia-Pacific market size and forecast, by component type
5.4.4.10 Rest of Asia-Pacific market size and forecast, by application

5.5. ROW
5.5.1 Key market trends, growth factors, and opportunities
5.5.2 Market size and forecast, by component type
5.5.3 Market size and forecast, by application
5.5.4 ROW market size and forecast, by country
5.5.4.1 Brazil market size and forecast, by component type
5.5.4.2 Brazil market size and forecast, by application
5.5.4.1 Saudi Arabia market size and forecast, by component type
5.5.4.2 Saudi Arabia market size and forecast, by application
5.5.4.1 South Africa market size and forecast, by component type
5.5.4.2 South Africa market size and forecast, by application
5.5.4.1 Rest of ROW market size and forecast, by component type
5.5.4.2 Rest of ROW market size and forecast, by application

6 Robotic Surgery Systems Market Competitive Landscape
6.1 Intuitive Surgical
6.1.1 Company overview
6.1.2 Strategic initiatives
6.1.3 Financial performance
6.2 Stryker
6.2.1 Company overview
6.2.2 Financial performance
6.2.3 Strategic initiatives
6.3 Smith and Nephew
6.3.1 Company overview
6.3.2 Strategic initiatives
6.3.3 Financial performance
6.4 Zimmer Biomet Holdings (Medtech SA)
6.4.1 Company overview
6.4.2 Financial performance
6.4.3 Strategic initiatives
6.5 Hansen Medical
6.5.1 Company overview
6.5.2 Financial performance
6.5.3 Strategic initiatives
6.6 Titan Medical
6.6.1 Company overview
6.6.2 Strategic initiatives
6.7 CMR Surgical
6.7.1 Company overview
6.7.2 Strategic initiatives
 
6.8 Verily
6.8.1 Company overview
6.8.2 Strategic initiatives
6.9 Maxar Technologies
6.9.1 Company overview
6.9.2 Strategic initiatives

6.10. Corindus Vascular Robotics
6.10.1 Company overview
6.10.2 Strategic initiatives

6.11 Auris Health Inc
6.11.1 Company overview
6.11.2 Strategic initiatives
6.12. TransEnterix Surgical, Inc
6.12.1 Company overview
6.12.2 Strategic initiatives
6.13. Mazor Robotics
6.13.1 Company overview
6.13.2 Strategic initiatives
6.14 Renishaw plc
6.14.1 Company overview
6.14.2 Strategic initiatives
6.15. Accuracy Inc
6.15.1 Company overview
6.15.2 Strategic initiatives

*List Not Exhaustive
7. Recent Developments

8. ResearchCube's Robotic Surgery Systems Market Key Takeaways

9 Appendix
9.1 Research Methodology
9.1.1 Methodology/Research Approach
9.1.1.1 Research Programs/Design
9.1.1.2 Market Size Estimation
9.1.1.3 Market Breakdown and Data Triangulation
9.1.2 Data Source
9.1.2.1 Secondary Sources
9.1.2.2 Primary Sources
9.2 Disclaimer

*ToC tentative and subject to information availibility and sufficient research timelines

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Medical Devices
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