+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Cardiac Surgical Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2015-2021

  • ID: 3507662
  • Report
  • Region: Global
  • 223 Pages
  • Wintergreen Research, Inc
1 of 5
Cardiac and Lung Surgical Robot Device Markets At $72.2 Million in 2014 are Anticipated to Reach $2.2 Billion by 2021

FEATURED COMPANIES

  • Chinese Surgical Robots
  • Corindus
  • Freehand
  • Intuitive Surgical
  • Medrobotics
  • Medtronic
  • MORE
The automated process revolution in surgery and communications is being implemented via robots. Robots automation of systems is providing significant improvement in the accuracy of surgery and the repeatability of process.

Intuitive Surgical owns the market as the major participant with compelling market share in cardiac and lung surgical robots. This leadership position will need to be defended as other vendor products, now in clinical trials come to market. Advanced technology, an installed base and a well trained core group of surgeons give Intuitive Surgical market advantage.

Patients for some types of procedures fare better when the heart or lung surgery is done by surgical robots. The documentation of improvements in care delivery, the ability to ensure better outcomes from surgery promise that cardiac and lung surgical robotics is a strong growth market.

Heart disease is still the largest disease worldwide. The issue for cardiac and lung robotic surgery is that so many heart patients exist. Every leading surgeon working to perform heart and lung robotic surgery has worked to be accepted to practice at a hospital that has those robotic devices. The really talented surgeons depend on hospitals having the cardiac robotic equipment. In order to attract physicians and patients, the hospitals have to purchase the surgical equipment.

The market penetration of the cardiac and lung surgical robots will go to 100 percent in the US top hospitals within five years. As the surgeons migrate to the places that have the robotic surgical equipment, other hospitals and their potential patient populations notice. If the hospital does not have the surgical robotic equipment, it will not have any surgeons, this is a bad situation for a hospital. The cardiac and lung robotic surgical equipment permits better surgery and the surgeons and patients know this.

Cardiac and lung robotic surgery is poised to eclipse open surgery. It is used in the categories of lobectomy, thoracic revascularization, and mitral valve repair surgery. Surgical robots are positioned to become the standard of care for hospitals in the delivery of some heart surgery. The emerging group of several surgical robotic companies will collectively have enough marketing dollars and enough marketing clout to drive replacement of virtually all open cardiac and lung surgery.

Larger hospitals that can afford the expenditure are adopting heart and lung robotic surgical devices to improve their outcomes numbers. Hospitals are measured on outcomes, robots for surgery, when used by a trained physician are improving outcomes significantly. Hospital robotic systems have an emphasis on outcomes improvement during surgery. This has resulted in investment in robotics technology that is useful, and achieves positive patient outcomes.

Technology is enhancing a wide variety of procedures in many cardiac surgical specialties. Cardiac and thoracic surgeons at leading hospitals use robotic surgical systems increasingly. The aim is to perform more of the one-hundred thousand MIS surgical procedures of various types using robots. The surgeries performed by robot include cardiothoracic and vascular surgery. These surgical applications are cleared by the FDA.

Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Chinese Surgical Robots
  • Corindus
  • Freehand
  • Intuitive Surgical
  • Medrobotics
  • Medtronic
  • MORE
1. Cardiac Surgical Robot Market Description and Market Dynamics
1.1. Cardiac Robotic Surgical Clinical Applications
1.1.1. Robotic Cardiothoracic Surgery
1.1.2. Mitral Valve Repairs Are Preferred Over Mitral Valve Replacement
1.1.3. Mitral Valve Repair
1.1.4. Mitral Valve Replacement Possible Complications
1.2. Interventional Cardiologists Treatments and Procedures
1.3. Robotic Internal Thoracic Artery Dissection
1.3.1. Robotic Thoracoscopy
1.3.2. Cardiothoracic Surgery
1.4. Surgical Robotic Lobectomy
1.5. Robotic Coronary Artery Bypass

2. Heart and Lung Surgical Robot Market Shares and Market Forecasts
2.1. Heart and Lung Surgical Robot Market Driving Forces
2.1.1. Surgical Robotics Market Driving Forces
2.1.1. Cardiac Surgical Robot Key Procedures As Elements Of Strategy
2.2. Cardiac and Lung Surgical Robots Market Share Analysis
2.2.1. Intuitive Surgical da Vinci™ Surgical System Is Food and Drug Administration (FDA) Approved Cardiac and Lung Robotic System
2.2.2. Corindus
2.2.3. MedRobotics
2.3. Cardiac and Lung Surgical Robot Market Forecasts
2.4. Cardiac and Lung Surgical Robot Installed Systems and Procedure Volumes by Country
2.5. Key Players In The Global Medical Surgical Robots Market
2.6. Robotic Surgery Equipment Prices
2.1.2. Intuitive Surgical da Vinci Surgical System Prices
2.7. Cardiac and Lung Robotic Surgery Equipment Regional Market Segments
2.7.1. Intuitive Surgical Regional Revenue
2.7.2. Intuitive Surgical European Demand
2.7.3. Intuitive Surgical in Japan
2.7.4. U.S. Robotic Surgical Procedures
2.7.5. BRIC (Brazil, Russia, India, China) countries
2.7.6. Aging Taiwanese Population
2.7.7. Korea Focusing On Creating A Growth Engine In Research & Development
2.7.8. Korea
2.7.9. Brazil
2.7.10. Chinese Imported Surgical Robots
2.7.11. Chinese Development of Surgical Robots
2.8. Chinese Robotic Cardiac Surgery
2.8.1. Chinese Robotic Cardiac Team Recognized As One Of World's Best

3. Cardiac Surgical Robots Product Descriptions
3.1 Intuitive Surgical Cardiothoracic Surgeries
3.1.1. Intuitive Surgical da Vinci Surgical System
3.1.2. Intuitive Surgical Da Vinci Minimally Invasive Surgical Product
3.1.3. Intuitive Surgical Cardiac Surgery
3.1.4. Intuitive Surgical da Vinci Surgical System Components
3.1.5. Intuitive Surgical Patient-Side Cart and Electromechanical Surgical Arms
3.1.6. Intuitive Surgical 3-D Vision System
3.1.7. Intuitive Surgical Firefly Fluorescence Imaging
3.1.8. Intuitive Surgical. da Vinci Surgical System EndoWrist® Instruments
3.1.9. Intuitive Surgical Instruments and Accessories
3.1.10. Intuitive Surgical da Vinci Single-Site
3.1.11. Intuitive Surgical EndoWrist One Vessel Sealer
3.1.12. Intuitive Surgical da Vinci Skills Simulator
3.2. Titan Medical
3.3. Johnson & Johnson
3.3.1. Johnson & Johnson Ethicon
3.4. MedRobotics
3.4.1. Medrobotics Flex® Retractor
3.4.2. Medrobotics Flexible Robot Platform
3.4.3. Medrobotics Snakelike Robots for Oropharynx, Hypopharynx and Larynx Surgery
3.5. Corindus
3.5.1. CorPath Robotic Angioplasty
3.5.2. Corindus Command. Control CorPath® 200 System
3.5.3. Corindus Standard in Precision PCI
3.5.4. Robotic Angioplasty / Interventional Cardiology
3.6. Changzhou Kangxin Medical Instruments Co., Ltd.
3.7. Guangzhou Baitang Medical Instrument Co., Ltd.

4. Cardiac Surgical Robots Technology and Research
4.1. Intuitive Surgical Da Vinci Computerized Technology For Surgery
4.2. Intuitive Surgical da Vinci Xi Surgical System Minimally Invasive Surgery
4.2.1. Intuitive Surgical da Vinci Surgical System
4.3. Third Party Reimbursement

5. Cardiac and Lung Surgical Robots Company Descriptions
5.1. Chinese Surgical Robots
5.2. Corindus
5.2.1. Corindus Benefits of CorPath Robotic-Assisted PCI
5.2.2. Corindus Improves Staff Position in the Room
5.3. Freehand
5.3.1. Freehand 2010 / Prosurgics
5.4. Intuitive Surgical
5.4.1. Intuitive Surgical Robotics da Vinci® Surgical System
5.4.2. Intuitive Surgical Robotics da Vinci Surgical System Xi
5.4.3. Intuitive Surgical Business Strategy
5.4.4. Intuitive Surgical Systems
5.4.5. Intuitive Surgical Patient Value As Equal To Procedure Efficacy / Invasiveness
5.4.6. Intuitive Surgical Business Model
5.4.7. Intuitive Surgical Revenue
5.4.8. Intuitive Surgical Regulatory Activities
5.4.9. Intuitive Surgical Economic Environment.
5.5. Johnson and Johnson / DePuy Synthes
5.5.1. Google Collaborating With Johnson & Johnson To Develop Surgical Robots
5.5.2. DePuy
5.5.3. Johnson & Johnson
5.5.4. Johnson & Johnson / Ethicon
5.6. Medrobotics
5.6.1. Medrobotics Closes On $10 Million Financing
5.6.2. Medrobotics Several Generations Of Snake Robot Platforms
5.6.3. Medrobotics Advances Clinical Development of Snake Robot for Surgery
5.6.4. Medrobotics Positioning
5.6.5. Medrobotics Cardiac Surgery Gold Standard
5.6.6. Medrobotics Snake Robot Technologies For Use In A Wide Range Of Surgical And Interventional Applications
5.6.7. Medrobotics Technology & Research Center
5.7. Medtronic
5.7.1. Medtronic PLC
5.7.2. Medtronic O-arm Surgical Imaging System
5.8. Meerecompany / Eterne
5.9. Titan Medical
5.9.2. Titan Medical General Surgery Robot Market Opportunities
5.9.3. Titan Medical Robotic Surgery Target Opportunity
5.10. TransEnterix Acquires the ALF-X Surgical Robotic System
5.10.2. TransEnterix Strategic Positioning
5.10.3. TransEnterix
5.10.4. TransEnterix / Sofar
5.11. Surgical Robot Companies

Table ES-1 Innovative Surgical Robot Features
Table ES-2 Surgical Robotics Market Driving Forces
Table ES-3 Surgical Robot Market Positioning
Table ES-4 Cardiac and Lung Surgical Robot Medical Sub-Specialties
Figure ES-5 Cardiac and Lung Surgical Robots Market Shares, Shipments, Dollars, Worldwide 2014
Figure ES-6 Cardiac and Lung Surgical Robot Systems Forecasts, Dollars, Worldwide, 2015-2021
Table 1-1 Cardiac Conditions Requiring Surgery
Table 1-2 Intuitive Surgical Robotic Cardiac Procedures
Table 1-3 Robotic Surgery Surgical Specialty Focus
Table 1-4 Mitral Valve Problem Description
Table 1-5 Causes Of Mitral Valve Problems
Table 1-6 Mitral Valve Replacement Possible Complications
Table 1-7 Factors That May Increase The Risk Of Complications With Heart Surgery
Table 1-8 Physician-Patient Mitral Valve Heart Valve Assessment Program Aspects
Table 1-9 Catheter-Based Valve Disease Procedures
Table 1-10 Cardiac Surgeon Open Surgical Procedures:
Table 2-1 Innovative Surgical Robot Features
Table 2-2 Surgical Robotics Market Driving Forces
Table 2-3 Surgical Robot Market Positioning
Table 2-4 Cardiac and Lung Surgical Robot Medical Sub-Specialties
Figure 2-5 Cardiac and Lung Surgical Robots Market Shares, Shipments, Dollars, Worldwide 2014
Table 2-6 Cardiac and Lung Surgical Robot Market Shares, Dollars, Worldwide, 2014
Figure 2-7 Cardiac and Lung Surgical Robot Systems Forecasts, Dollars, Worldwide, 2015-2021
Table 2-8 Heart and Lung Surgical Robot Market Segment Forecasts, Dollars and Units, Worldwide, 2015-2021
Table 2-9 Number Intuitive Surgical Cardio/Thoracic Robotic Procedures, Regional Analysis by Procedure Type, 2014
Table 2-10 Open and Robotic Surgeries: Cardio Thoracic Procedure Forecasts, Number US and Worldwide, 2015-2021
Table 2-11 Cardio Thoracic Robotic Surgery Procedures By Country, 2014

Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Chinese Surgical Robots
  • Corindus
  • Freehand
  • Intuitive Surgical
  • Medrobotics
  • Medtronic
  • MORE
The cardiac and lung surgical robot market is characterized enormous variety and innovation. A surgical robot recurring revenue business model is essentially a large one time purchase for a system complimented by replaceable or disposable instruments that cumulatively make the market a much larger and sustainable ongoing market. Vendors make money from the one time sale of a system and recurring revenue from sale of devices used in every operation.

Initially, a vendor sells and installs the surgical system into new customer accounts. Once systems are sold into customer accounts, the vendor generates recurring revenue as customers use the system to perform surgery. To do cardiac and lung robotic surgeries, the customers need to buy and consume instruments and accessory products. Vendors also generate recurring revenue from system service.

The aging US population has supported demand, since the occurrence of health issues that require medical devices is higher in the elderly population. Buoyed by strong demand and sales, industry profit margins have increased considerably during the past five years.

Hospitals are adopting robotic surgical devices to improve their outcomes numbers. Hospitals are measured on outcomes, robots for surgery, when used by a trained physician are improving outcomes significantly. Hundreds of universities worldwide have research programs in robotics and many are
awarding degrees in robotics. These “roboticists” are increasingly being hired by Global 2000 organizations to link mobile robots (mobile computers) into existing IT systems.

Robot-assisted surgery gives the surgeon better control over the surgical instruments and a better view of the surgical site. Surgeons no longer have to stand throughout the surgery and do not tire as quickly. Hand tremors are filtered out by the robot’s computer software. The surgical robot can continuously be used by rotating surgery teams. 3D viewing of the surgical site on a large screen improves visualization of the surgical operating field.
Note: Product cover images may vary from those shown
5 of 5
- Chinese Surgical Robots
- Corindus
- Freehand
- Intuitive Surgical
- Johnson and Johnson / DePuy Synthes
- Medrobotics
- Medtronic
- Meerecompany / Eterne
- Titan Medical
- TransEnterix

Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Order Online - visit: https://www.researchandmarkets.com/reports/3507662
Adroll
adroll