Robotic Surgery Equipment Manufacturing - Industry Market Research Report

Robotic Surgery Equipment Manufacturing

Since the Food and Drug Administration (FDA) approved Intuitive Surgical's da Vinci surgical system in 2000, revenue for the Robotic Surgery Equipment Manufacturing industry has surged. Robotic surgery equipment is used during complex surgical procedures that may be arduous to navigate without the use of 3D imaging that provides real-time feedback to surgeons. Robotic technologies have become a staple in the US healthcare system. As a result, robust demand from hospitals, particularly large hospitals and smaller, critical-access hospitals, has bolstered industry revenue over the past five years. Over the five years to 2019, industry revenue is anticipated to grow strongly. Over the five years to 2024, industry revenue is forecast to grow. However, more studies will examine the efficiency and cost effectiveness of robot-assisted surgery across clinical ailments to determine whether robot-assisted surgeries improve patient outcomes.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.