Medical Robotic Systems Market Analysis By Product (Surgical, Orthopedic, Laparoscopy, Neurological, Rehabilitation, Assistive, Prosthetics, Orthotics, Steerable, Therapeutic, Exoskeleton, Non-Invasive, Hospital/Pharmacy, Telemedicine, I.V, Pharmacy, Emergency Response Robotic Systems) And Segment Forecasts To 2022

Industry Insights
Global medical robotic systems market size was valued at USD 7,470.7 million in 2014. Key factors driving the demand for medical robots market include rapidly growing demand for precise and efficient minimally invasive surgeries. Growth in the volume of these surgeries, as a consequence of growing disease prevalence levels is also likely to drive the market growth. Improvement in healthcare infrastructure and the introduction of advanced medical equipments are expected to facilitate further implementation of robotic systems in developed countries.

The global industry is witnessing a paradigm change over the years due to technological advancements in the areas of 3D-Imaging, High definition microscopic cameras, data recorders data analytic, motion sensors, remote navigation, and robotic controlled catheters.

The scope of technology innovation is to develop new applications for existing platforms and as well as create disruptive technologies which drive demand. The industry is witnessing a growing trend of companies collaborating on technology platforms with third party vendors to develop new applications

According to the FDA, the use of robotics in the U.S. has increased from 25,000 per year in 2005 to 450,000 in 2012. Furthermore according to data published by the National Cancer Institute it is estimated that in 2014, nearly 80% of prostatectomies were performed using robotics compared to only 1% of all prostatectomies in the year 2001. Increasing adoption of technologically advanced systems is expected to drive demand over the forecast period.

U.S. medical robotic systems market, by product, 2012-2022 (USD Million)

medical-robotic-systems-market (image)

Product Insights
Surgical robots accounted for the largest share in 2014 at over 60% owing to, the increasing demand for minimally invasive surgeries and growing adoption rate of this equipment in hospitals.

Furthermore, technological advancements pertaining to negate the disadvantages of laparoscopic surgeries that include Da Vinci Surgery with improved precision and dexterity delivering favorable outcomes is expected to positively reinforce growth over the forecast period. Additionally, growing number of clinical applications are expected to fuel the future growth of this industry.

Non medical hospital product segment is identified as the fastest growing product segment expected to grow at a CAGR of over 16.0% during the forecast period. Growing healthcare IT market and centralization of establishments are some factors contributing towards the growth in demand.

Application Insights
Laparoscopy was the largest application in 2014 at 88.5%, owing to the increasing demand for minimally invasive diagnostic and therapeutic procedures, growing geriatric population base, and increasing younger population with unhealthy lifestyles such as consumption of fatty foods and increasing consumption of alcohol and lifestyles lacking physical exercises is also likely to attribute to the growth of target diseases over the next seven years.

Furthermore, development of innovative systems with enhanced magnification and maneuverability, easier manipulation, and improved micromotions of the instruments in patient’s body result in the improvisation of surgical methods.

Additionally, these surgeries have proven to be technically feasible and are specifically designed to meet the needs of surgeons. Owing to the presence of such aforementioned factors, laparoscopy is expected to witness lucrative growth over the forecast period.

On the contrary, increasing prevalence of neurological disorders such as brain tumors, strokes, epilepsy & Parkinson’s diseases, and growing awareness levels pertaining to robot-assisted surgeries are the key factors attributing to the lucrative growth of the neurology application segment over the forecast period.

Regional Insights
North America dominated in terms of revenue in 2014 at over 40% owing to growing demand for robot-assisted surgeries, presence of sophisticated healthcare infrastructure accompanied by high healthcare expenditure levels in the region. Growing acceptance of assisted surgeries in an array of surgical applications is poised to gain immense importance in the armamentarium of surgeons.

The Asia Pacific medical robotic systems market is expected to grow at the fastest rate during the forecast period due presence of untapped opportunities, constantly improving healthcare infrastructure, and high patient awareness levels are some of the key rendering factors attributing to industry growth.

Rising complication rates arising due to ureteric reimplantation, heminephroureterectomies, urteroureterostomy, and ileocystoplasty represent Asia Pacific as a major growth sector for this industry.

Competitive Insights
Companies that dominate the global market share include Varian, Reninshaw Plc., MAKO Surgical Corp., Accuray, Health robotics S.R.L, Intuitive Surgical Inc.

This industry is highly fragmented with companies focusing extensively on R&D initiatives in an attempt to capitalize on the available opportunities via developing cost effective and technologically advanced products.

Table of Content

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Medical Robotic Systems Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects, 2012 – 2022
3.3 Medical robotic systems market dynamics
3.3.1 Market driver analysis
3.3.1.1 Increasing prevalence of diseases like cancer neurological disorders and cardiovascular diseases
3.3.1.1.1 Neurological disorders
3.3.1.1.2 Cancer
3.3.1.1.3 Cardiovascular
3.3.1.2 Increasing global geriatric population
3.3.1.3 Increasing MIS surgeries
3.3.1.3.1 Volume of minimally invasive surgeries, 2005-2014 (Thousand)
3.3.1.4 Increasing usage of medical robotics in the U.S.
3.3.1.5 Technological advancements for medical robotics
3.3.1.6 Introduction of cost effective medical robots
3.3.2 Market restraint analysis
3.3.2.1 Presence of stringent regulatory framework
3.3.2.2 Capital intensive market
3.3.2.3 Lack of reimbursement policy
3.4 Key Opportunities Prioritized: Product
3.5 Industry analysis – Porter’s
3.6 Medical robotic systems – PESTEL Analysis
3.7 Medical robotic systems company market share analysis
3.8 Recommendations
Chapter 4 Medical Robotic Systems Product Outlook
4.1 Medical robotic systems market, by product, 2014 & 2022
4.2 Surgical Robot
4.2.1 Surgical robot market, 2012 – 2022 (USD Million)
4.2.2 Orthopedic robotic systems
4.2.3 Orthopedic robotic systems market, 2012 – 2022 (USD Million)
4.2.4 RoboDoc Surgical Systems
4.2.5 MAKO RIO surgical system
4.2.6 iBlock Surgical System
4.2.7 Navio Surgical System
4.2.8 Stanmore Sculptor surgical system
4.3 Neurosurgical Robotic Systems market
4.3.1 Neurosurgical robotic systems market, 2012 – 2022 (USD Million)
4.4 Neuromate surgical system
4.4.1 Pathfinder surgical systems
4.4.2 Renaissance Surgical System
4.5 General Laparoscopy Robotic Systems market
4.5.1 da Vinci Robotic Surgery System
4.5.2 Freehand endoscope Holder
4.5.3 Telelap ALF-X surgical system
4.5.4 Noncatheter percutaneous robotic systems
4.6 Steerable Robotic Catheters
4.6.1 Sensei Robotic System
4.6.2 Niobe remote magnetic navigation system
4.7 Non-Invasive Radiosurgery Systems
4.7.1 CyberKnife Robotic Radiosurgery System
4.7.2 TrueBeam STx Radiosurgery System
4.7.3 Gamma Knife Perfexion Radiosurgery System
4.8 Emergency response robotic systems
4.8.1 Autopulse Plus Robotic System
4.8.2 LS-1 Robotic System
4.8.3 Others
4.9 Prosthetics/exoskeletons
4.9.1 Rheo
4.9.2 C-leg knee prosthetic
4.9.3 i-limb ultrahand – hand prosthetic
4.9.4 Rewalk walking assistance exoskeleton
4.10 Assistive and rehabilitation Systems
4.10.1 Handy 1 Assistive robot
4.10.2 I-ARM – robotic arm
4.10.3 Mobility System – muscle re-education device
4.10.4 Lokomat
4.11 Non-medical hospital robotic systems
4.11.1 Telemedicine Robots
4.11.2 Cart transportation robots
4.11.3 Robotic hospital pharmacy
Chapter 5 Medical Robotic Systems Application Outlook
5.1 Medical robotic systems revenue share by application, 2014 & 2022
5.2 Neurology
5.2.1 Neurology market, 2012 – 2022 (USD Million)
5.3 Orthopedic
5.3.1 Orthopedic market, 2012 – 2022 (USD Million)
5.4 Laparoscopy
5.4.1 Laparoscopy market, 2012 – 2022 (USD Million)
5.5 Others
5.5.1 Others market, 2012 – 2022 (USD Million)
Chapter 6 Medical Robotic Systems Regional Outlook
6.1 Medical robotic systems market share, by region, 2014 & 2022
6.2 North America
6.2.1 U.S. medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.2.1.1 Pictorial representation tracing the improvements in robot-assisted surgeries
6.2.2 Canada medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.4 Europe
6.4.1 Germany medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.4.2 UK medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.4.3 Rest of Europe medical robotic systems market, 2012 – 2022 (USD Million)
6.5 Asia Pacific
6.5.1 Japan medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.5.5.1 Robot-assisted partial nephrectomy procedures in Japan
6.5.2 China medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.5.3 Rest of Asia Pacific medical robotic systems market, 2012 – 2022 (USD Million)
6.6 Latin America
6.6.1 Mexico medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.6.2 Brazil medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.6.3 Rest of Latin America medical robotic systems market, 2012 – 2022 (USD Million)
6.7 MEA
6.7.1 South Africa medical robotic systems market, by product, 2012 – 2022 (USD Million)
6.7.3 Rest of MEA medical robotic systems market, 2012 – 2022 (USD Million)
Chapter 7 Competitive Landscape
7.1 iRobot Corporation
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 Medrobotics Corporation
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3 Titan Medical Inc.
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Hansen
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 Renishaw Plc
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 Health Robotics SLR
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 OR Productivity plc
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 Intuitive Surgical
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 Mazor Robotics
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10 Accuray
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives
7.11 Mako Surgical Corp.
7.11.1 Company Overview
7.11.2 Financial Performance
7.11.3 Product Benchmarking
7.11.4 Strategic Initiatives
7.12 Varian Medical Systems
7.12.1 Company Overview
7.12.2 Financial Performance
7.12.3 Product Benchmarking
7.12.4 Strategic Initiatives
7.13 Stereotaxis Inc.
7.13.1 Company Overview
7.13.2 Financial Performance
7.13.3 Product Benchmarking
7.13.4 Strategic Initiatives

List of Tables

TABLE 1 Medical Robotic Systems Market – Industry Snapshot & Key Buying Criteria, 2012 – 2022
TABLE 2 Global market, by region, 2012 – 2022 (USD Million)
TABLE 3 Global market, by product, 2012 – 2022 (USD Million)
TABLE 4 Global surgical robots market, by product, 2012 – 2022 (USD Million)
TABLE 5 Global market, by application, 2012 – 2022 (USD Million)
TABLE 6 Medical robotic systems – Key market driver analysis
TABLE 7 Prevalence of Neurological diseases in U.S.
TABLE 8 Global cancer incidences, 2012
TABLE 9 North America cancer incidences in 2012
TABLE 10 Europe cancer incidences, 2012
TABLE 11 Asia cancer incidences, 2012
TABLE 12 Africa cancer incidences, 2012
TABLE 13 Australia and New Zealand cancer incidences in 2012
TABLE 16 North America geriatric population (Over 60 Years) (Million) (2012-2022)
TABLE 17 Europe geriatric population (Over 60 Years) (Million) (2012-2022)
TABLE 18 Asia geriatric population (Over 60 Years) (Million) (2012-2022)
TABLE 19 Latin America geriatric population (Over 60 Years) (Million) (2012-2022)
TABLE 20 Africa geriatric population (Over 60 Years)(Million) (2012-2022)
TABLE 21 Medical robotic systems – Key market restraint analysis
TABLE 22 Global orthopedic robotic systems market, by product, 2012 – 2022 (USD Million)
TABLE 23 Global neurological systems market, by product, 2012 – 2022 (USD Million)
TABLE 24 Global general laparoscopy market, by product, 2012 – 2022 (USD Million)
TABLE 25 Global steerable robotic catheters market, by product, 2012 – 2022 (USD Million)
TABLE 26 Global non-invasive radiosurgery market, by product, 2012 – 2022 (USD Million)
TABLE 27 Global emergency response systems market, by product, 2012 – 2022 (USD Million)
TABLE 28 Global prosthetic/ exoskeleton systems market, by product, 2012 – 2022 (USD Million)
TABLE 29 Global assistive and rehabilitation systems market, by product, 2012 – 2022 (USD Million)
TABLE 30 Global non medical systems market, by product, 2012 – 2022 (USD Million)
TABLE 31 North America market, by application, 2012 – 2022 (USD Million)
TABLE 32 North America market, by product, 2012 – 2022 (USD Million)
TABLE 33 U.S. market, by application, 2012 – 2022 (USD Million)
TABLE 34 U.S. market, by product, 2012 – 2022 (USD Million)
TABLE 35 Canada market, by application, 2012 – 2022 (USD Million)
TABLE 36 Canada market, by product, 2012 – 2022 (USD Million)
TABLE 37 Europe market, by application, 2012 – 2022 (USD Million)
TABLE 38 Europe market, by product, 2012 – 2022 (USD Million)
TABLE 39 Germany market, by application, 2012 – 2022 (USD Million)
TABLE 40 Germany market, by product, 2012 – 2022 (USD Million)
TABLE 41 UK market, by application, 2012 – 2022 (USD Million)
TABLE 42 UK market, by product, 2012 – 2022 (USD Million)
TABLE 43 Asia Pacific market, by application, 2012 – 2022 (USD Million)
TABLE 44 Asia Pacific market, by product, 2012 – 2022 (USD Million)
TABLE 45 Japan market, by application, 2012 – 2022 (USD Million)
TABLE 46 Japan market, by product, 2012 – 2022 (USD Million)
TABLE 47 China market, by application, 2012 – 2022 (USD Million)
TABLE 48 China market, by product, 2012 – 2022 (USD Million)
TABLE 49 Latin America market, by application, 2012 – 2022 (USD Million)
TABLE 50 Latin America market, by product, 2012 – 2022 (USD Million)
TABLE 51 Mexico market, by application, 2012 – 2022 (USD Million)
TABLE 52 Mexico market, by product, 2012 – 2022 (USD Million)
TABLE 53 Brazil market, by application, 2012 – 2022 (USD Million)
TABLE 54 Brazil market, by product, 2012 – 2022 (USD Million)
TABLE 55 MEA market, by application, 2012 – 2022 (USD Million)
TABLE 56 MEA market, by product, 2012 – 2022 (USD Million)
TABLE 57 South Africa market, by application, 2012 – 2022 (USD Million)
TABLE 58 South Africa market, by product, 2012 – 2022 (USD Million)

List of Figures

FIG. 1 Medical robotic systems market segmentation
FIG. 2 Global medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 3 Medical robotic systems market dynamics
FIG. 4 Global geriatric population, 2012 – 2022 (Million)
FIG. 5 Volume of minimally invasive surgeries, 2005 – 2014 (Thousands)
FIG. 6 Key Opportunities Prioritized: Product
FIG. 7 Medical robotic systems market – Porter’s analysis
FIG. 8 Medical robotic systems market – PESTEL analysis
FIG. 9 Medical robotic systems company market share analysis, 2014
FIG. 10 Medical robotic systems products revenue share by product, 2014 & 2022
FIG. 11 Surgical robots market, 2012 – 2022 (USD Million)
FIG. 12 Orthopedic robotic systems market, 2012 – 2022 (USD Million)
FIG. 13 Neurosurgical robotic systems market, 2012 – 2022 (USD Million)
FIG. 14 General laparoscopy robotic systems market, 2012 – 2022 (USD Million)
FIG. 15 General noncatheter percutaneous systems market, 2012 – 2022 (USD Million)
FIG. 16 Steerable robotic catheters market, 2012 – 2022 (USD Million)
FIG. 17 Non-invasive radiosurgery systems market, 2012 – 2022 (USD Million)
FIG. 18 Emergency response robotic systems market, 2012 – 2022 (USD Million)
FIG. 19 Prosthetics/exoskeleton robotic systems market, 2012 – 2022 (USD Million)
FIG. 20 Assistive and rehabilitation robotic systems market, 2012 – 2022 (USD Million)
FIG. 21 Non medical hospital robotic systems market, 2012 – 2022 (USD Million)
FIG. 27 Medical robotic systems market share, by region, 2014 & 2022
FIG. 28 North America medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 29 Timeline tracing the growing acceptance of robot-assisted surgeries
FIG. 30 U.S. medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 31 Canada medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 32 Europe medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 33 Germany medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 34 UK medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 35 Asia Pacific medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 36 Japan medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 37 Number of robotic-assisted partial nephrectomy procedures performed for renal tumors in Japan from 2010 to 2013
FIG. 38 China medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 39 Latin America medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 40 Mexico medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 41 Brazil medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 42 MEA medical robotic systems market, 2012 – 2022 (USD Million)
FIG. 43 South Africa medical robotic systems market, 2012 – 2022 (USD Million)

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