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Robotic Surgery Equipment Manufacturing - Industry Market Research Report

  • ID: 1998440
  • Report
  • July 2019
  • Region: Global
  • 34 pages
  • IBISWorld
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Steady hand: Despite regulatory scrutiny, continued innovation will fuel rapid growth

FEATURED COMPANIES

  • Intuitive Surgical Inc.
  • MORE

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Intuitive Surgical Inc.
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Intuitive Surgical Inc.
Note: Product cover images may vary from those shown
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