Surgical Robotics Systems Market Analysis | India | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: India
- Pages: 123
- Published Date: 12/1/2016
- Type: MedCore
The cost of robotics systems is the largest hurdle facing robotics manufacturers. Cost often limits the market potential for these systems, because smaller size hospitals often do not have the budget to purchase the system. Additionally, purchasing facilities are becoming very hesitant on spending such a large amount of their budget on systems that have not been proven, over a course of several years, to have clinical benefits. Companies entering the market must be very strategic in their marketing of their systems and must consider how they will generate income outside of just system sales.
Surgical robotics has tremendous potential to increase the effectiveness of existing procedures and to facilitate novel procedure types. The surgical robotics industry is, in many ways, still in its infancy, with more products in development than currently commercially available on the market. Most new surgical robotic systems are designed for highly specialized medical applications, which is a major draw-back for most facilities.
Segments Covered in This Market
- Minimally Invasive Surgery Robotic Assisted Surgery System Market
- Robotic Assisted Orthopedic Surgery Market
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares
- Product Portfolios
- Related Press Releases from Top Competitors
Of the companies present in the Indian Surgical Robotics market, Intuitive Surgical was a clear leader with Transenterix, Medtronic, Stryker, and Smith & Nephew as prominent emerging competitors. Since its launch in 2000, Intuitive Surgical has sold over 3700 da Vinci® surgical robotic systems. The system incorporates a three-dimensional stereoscopic monitor with three robotic arms and seven degrees of movement freedom that allow for the operators motions to be exactly replicated.
About Our In-Depth MedCore Research
Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.
This MedCore is also found in the full report suite titled India Market Report Suite for Surgical Navigation and Robotics Systems – MedSuite
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