Robotics and Surgical Navigation Systems Report Suite for US | 2017-2023 | MedSuite | Neurosurgery Applications, Spinal Applications, ENT (Ear, Nose, Throat) Applications, Orthopedic Applications
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Published Date: 8/1/2016
- Pages: 773
- Type: MedSuite
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.
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.
Our reports follow an in-depth 9-step methodology which focuses on the following research systems:
- Original primary research that consists of the most up-to-date market data
- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.
Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.
Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.
Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.
Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.
Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.
Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.
Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.
European Markets for Hybrid Operating Suites 2016 – MedCore
Some integrated operating theaters (OTs) can include an imaging system such as a C-arm, which allows for intra-operative imaging, or a navigation system; these are referred to as hybrid theaters. Surgical displays are utilized in essentially all operating theaters (OTs) in Europe. They are used for displaying images and videos captured by surgical cameras as well as procedure-related information.
European Markets for Surgical Microscopes 2016 – MedCore
Optical microscopy is an increasingly technical field in which light from an area of interest is passed through lenses to provide a magnified view. Neurosurgical microscopes have many requirements such as extreme precision, outstanding color conformity, high resolution image quality, efficient light transmission and exceptional detail within the field of view and ergonomic use, all of which increase surgical accuracy and decrease physician fatigue.
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.
China Market Report for Hybrid and Integrated Operating Room Technology 2016 – MedView
The market for video, high-tech and integrated OR equipment includes integrated ORs, hybrid
ORs, surgical camera systems, image capture devices, surgical displays, light sources, surgical
lighting, surgical booms and surgical tables.