Robotics and Surgical Navigation Systems Report Suite for US | 2017-2023 | MedSuite | Neurosurgery Applications, Spinal Applications, ENT (Ear, Nose, Throat) Applications, Orthopedic Applications
The full report suite on the U.S. robotics and surgical navigation systems includes four segments in surgical navigation and six segments in robotics. The segmentation for surgical navigation systems includes systems with neurosurgery applications, spinal surgery applications, ENT (ear/nose/throat) applications, and orthopedic hip and knee applications. The segmentation for surgical robotics systems includes spinal, neurosurgery, minimally invasive surgery (MIS), radiosurgery, catheter, and orthopedic robotically assisted systems.
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Published Date: 8/1/2016
- Pages: 773
- Type: MedSuite
The shift from open cavity procedures to minimally invasive procedures has already occurred within the United States. For hospitals to attract top talent, they must be equipped with the latest in high-tech equipment and facilities in order to increase efficiency for the surgeon. Incorporating surgical navigation and robotic systems into operating rooms helps institutions promote themselves as industry leaders. Surgical navigation is a more established technology which has become the standard of care in neurosurgery, with adoption increasing in other segments. In addition, the growth of the surgical robotics market is expected to broaden the variety of procedures which can be done using a minimally invasive approach while reinforcing existing clinical benefits. For many procedures, the use of an IGS or robotic system increases the duration of the operation. Facilities and surgeons will therefore lose money as they are forced to schedule fewer procedures. This delay has decreased with newer models; however, any increase in time may reduce the number of operations that can be scheduled in a facility. This negatively impacts both surgeons and facilities, and can make potential clients less willing to pay the high costs associated with robotics systems. Surgical navigation systems are often marketed by implant companies and bundled with other products, while robotics companies have traditionally been smaller and focused on a narrower range of technologies. However, partnerships have led to a series of acquisitions of smaller robotics companies by larger, more established medical device companies. Since the technologies can be considered competitors, this trend is expected to continue as robotic technology becomes more widely adopted and accepted.
The full report suite on the US market for robotic systems and surgical navigation devices includes neurosurgery applications, spinal surgery applications, ENT (Ear, Nose, Throat), and orthopedic hip and knee applications.
While this report suite contains all US robotic technology device data, each of the markets are also available as stand alone MedCore reports. This allows you to get access to only the robotics and surgical navigation market research that you need. You can view all these included reports and segmentation here:
- US Market Overview for Surgical Navigation Systems 2017 – MedView – Gives an easily accessible view of all robotic systems and surgical navigation device markets and trends and aggregates the data together for a picture of the total US market.
- US Market Overview for Robotic Assisted Surgery Systems 2017 – MedView – Covers the spine robotic assisted surgery systems, neurosurgery robotic systems, minimally invasive surgery robotic device market, robotic radiosurgery device market, robotic catheter system market and robotic assisted orthopedic surgery market. It also covers the size of the markets by system sales, revenue from procedures and revenue from maintenance and services.
- US Market Report for Neurosurgery Navigation Systems 2017 – MedCore – Neurological procedures performed using navigation systems, qualitative and quantitative background, unit sales, ASPs, market value and competitive analysis.
- US Market Report for ENT Navigation Systems 2017 – MedCore – ENT procedures performed using navigation systems, qualitative and quantitative background, unit sales, ASPs, market value and competitive analysis.
- US Market Report for Spine Navigation Systems 2017 – MedCore – Spine procedures performed using navigation systems, qualitative and quantitative background, unit sales, ASPs, market value and competitive analysis.
- US Market Report for Orthopedic Navigation Systems 2017 – MedCore – Procedures performed using navigation systems qualitative and quantitative, unit sales, ASPs, market value and competitive analysis. Breaks up procedures numbers for total knee, total hip and partial knee arthroplasty. Covers procedure volumes and forecasts them to 2023. Also, defines the percent of these procedures which are performed using a navigation system.
Robotic Assisted Surgery and Surgical Navigation Market Trends
Over the forecast period, the U.S. surgical navigation market is projected to grow as a result of system upgrades and the increased need for orthopedic, ENT and neurosurgery surgery navigation systems. The neurosurgery navigation system market is the most mature. The use of IGS systems for neurosurgical procedures has become standard of care. Additionally, IGS systems with neurosurgical capabilities command the highest ASP, while ENT IGS systems have the lowest ASP. The growth of the neurosurgical IGS system market is supplemented mainly by upgrades to facilities that have already purchased a system. Due to facilities cutting down on capital budget spending, many hospitals will delay purchasing new systems, which will hinder market growth. ENT-specific IGS systems are the lowest priced since they are not cross-platform, although many spine and neurosurgery IGS systems have ENT capabilities. This creates a larger market potential as more facilities will have the budget to purchase an ENT system. The orthopedic IGS system segment will exhibit the highest CAGR over the forecast period, as navigation systems regain popularity over previous competitors such as patient-specific cutting blocks
The U.S. robotic assisted surgery system market will grow as a result of increasing adoption of robotic technologies in the market and the growth of procedures performed using robotic systems. The MIS robotic device market is the most mature and sees Intuitive Surgical as the market leader. The robotic radiosurgery device segment will experience the slowest growth, despite the segment being fairly established. The systems, however, demand the highest ASP of all the robotic systems. Robotic systems with spine surgery capabilities are relatively new to the robotics market, but the adoption of the one system on the market has been quite positive. The robotic catheter system segment is considered to be fairly young. However, potential is quite evident, based on the number of procedures performed each year and the success rate. In addition, the variety of procedures means that companies are able to market to different procedural niches and risk less competition.
Robotic Assisted Surgery and Surgical Navigation Market Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2023, and Historical Data to 2013
- Market Drivers & Limiters for Each Dental Implant Device Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- Related Press Releases from Top Competitors
Robotic and Surgical Navigation Companies Analyzed
The robotic assisted surgery and surgical navigational market in the U.S. is largely controlled by four main companies: Medtronic, Intuitive Surgical, Brainlab and Stryker. In addition to their current dominance in the market, they are also very active with ongoing acquisitions to further secure their leading positions.
The leading competitors have established themselves through brand recognition and by making systems compatible with their implant products.
Intuitive Surgical led the surgical robotics market in 2016. It remains the dominant competitor in the United States and promotes robotic applications in surgery. Its system focuses on laparoscopic approaches for a variety of procedures. However, other companies are expanding robotic options in orthopedic and other procedural areas. Other leading competitors in surgical navigation include Brainlab and Stryker, which also hold significant market shares in the United States, in addition to a number of companies with smaller installed bases. The surgical robotic systems market saw growth on the part of Medtech, Mazor Robotics, and Stryker’s Mako system, amongst others.
History of Our Robotic Assisted Surgery and Surgical Navigation Market Research
We’ve been doing market research for medical devices for over a decade. We have built relationships with the top competitors in the robotic systems and surgical navigation market so that we can gather proprietary information in confidence to assure more accurate research – that our partners and clients then benefit from.
Because we’re a third party researcher, we have the ability to reach well into the top robotic companies and look at a multi-angle approach to our research. Not only do we consider financial filings, we conduct interviews, use hospital and procedural databases, and our own history of research to create a picture of the market that’s incredibly accurate.
Our clients have used our market research for years to strategize new markets to break into, submit SEC filings, decide sales and marketing strategies, plan acquisitions and product launches, and provide a 3rd party source to show investors, boards, and senior executives.
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China Market Report for Image Capture and Recording Devices 2016 – MedCore
The popularity of minimally invasive surgery (MIS) is continually growing as the utilization of MIS has
resulted in reduced patient stays and costs, which have been accompanied by improvements in operating
room efficiency. To view the operating field during an MIS procedure, a surgeon uses a surgical camera in
combination with an endoscope, which is inserted into the patient. Still images and videos from these
endoscopic cameras and from overhead cameras are then captured by an image capture and recording
device. This allows images and videos from an operation to be reviewed at a later date. As a result, most
image capture devices are bought as a platform coupled with a surgical camera and a surgical light source.
European Market Report for Video, High-Tech and Integrated Operating Theater Equipment 2016 – MedView
European Market Report for Video, High-Tech and Integrated Operating Theater Equipment 2016 – MedView
The video, high-tech and integrated operating theater equipment market includes integrated and hybrid operating theater (OT) components, camera systems, image capture devices, surgical displays, PACS monitors, light sources, headlights, lighting, booms, surgery tables and surgical microscopes. High demand for OT integration will be the primary driver for all markets directly correlated, such as integration components, image capture devices, booms and lighting and surgery tables.
European Video, High-Tech and Integrated OT Equipment 2013 (15 Countries) – MedSuite
The European markets, as defined in this report, include: Germany, France, Italy, the United Kingdom (the U.K.), Spain, Benelux, (the Netherlands, Belgium and Luxembourg), Scandinavia (Sweden, Norway, Denmark and Finland), Switzerland, Portugal and Austria. Growth of the video, high-tech and operating theatre (OT) equipment market is dependent on several demographic and economic factors such as: income per capita, government expenditure on healthcare, capital budget allocation among purchasing facilities, aging population, the increasing rate of obesity and the acceptance of new technologies. These factors, as well as other trends affect the demand for video, high-tech and OT equipment.
China Market Report for Integrated Operating Room Technology 2016 – MedCore
Modern integrated ORs are built with state of the art technology aiming to maximize efficiency, reduce
surgery time and improve surgery success rates. These integrated ORs are becoming increasingly
specialized and require products that can meet the demands of surgeons.