(Health-NewsWire.Net, March 17, 2016 ) Worldwide surgical robot markets are poised to achieve significant growth as next generation systems provide a way to improve traditional open surgery and decrease the number of ports needed for minimally invasive surgery.
Intuitive Surgical has market leadership position, advanced technology, an impressive installed base and a well trained group of surgeons able to manage the robots. Patients fare better when the surgery is done by surgical robots. The documentation of improvements in care delivery, the ability to ensure better outcomes from surgery promise that surgical robotics is a strong growth market. Intuitive Surgical will be difficult to dislodge, its dominant position is based on technological excellence that keeps being improved and competitors have a difficult time catching up, much less improving on the Intuitive Surgical technology.
Other leading competitors will emerge and the group of several surgical robotic companies will collectively have enough marketing dollars and enough marketing clout to drive replacement of all open surgery. Robotic surgery is positioned to become the standard of care. Intuitive Surgical has achieved market saturation in colorectal surgery in the US, it will work on increasing its presence in other surgical market sectors. The leading robotic surgical companies are poised to grow through acquisition, purchasing smaller companies that have developed as specialized product and gained FDA approval. As detailed in the market research study there are a lot of those in every medical specialty and more to come.
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The surgical robot market is characterized enormous variety and innovation. Snake robots are wonderfully interesting surgical robots. Medrobotics offers a highly articulated multi-linked robot. It enables minimally-invasive procedures to replace open surgical procedures. It works for many parts of the anatomy. It works in places in the body that are difficult or previously impossible to reach. The robot-assist platform includes on-board visualization. and contains multiple open device channels to accept a variety of third party surgical and interventional instruments. The robot enables physicians to operate through non-linear circuitous paths, self-supported, and through a single-site access into the body.
The maneuverability of the robot is gained from its numerous mechanical linkages with concentric mechanisms. Each mechanism can be placed into a rigid or a limp state. By employing a patented "follow-the-leader" movement strategy with these alternating states, the robot can be directed into any shape through the relative orientations of its linkages. A surgical robot recurring revenue model business model is essentially large one time purchase for a system complimented by replaceable or disposable instruments that cumulatively market a much larger and ongoing market. Vendors make money from the one time sale of a system and recurring revenue from sale of devices used in every operation.
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. According to Susan Eustis, lead author of the study, Existing open surgery can be replaced in large part by robotic minimally invasive surgery (MIS) during the ofrecast period. Minimally invasive robotic surgery, new robotic radiation treatment, and emerging robotic surgical approaches complement existing surgery techniques. Soon, all surgery will be undertaken with at least come aspects of robotic surgery replacing or complementing open surgery.
During a robot assisted surgical procedure, the patient-side cart is positioned next to the operating table with the electromechanical arms arranged to provide access to the initial ports selected by the surgeon. Metal tubes attached to the arms are inserted through the ports, and the cutting and visualization instruments are introduced through the tubes into the patients body.
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. Compared with other minimally invasive surgery approaches, 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 robots computer software. The surgical robot can continuously be used by rotating surgery teams.
Surgical robot device markets at $3.2 billion in 2014 are anticipated to reach $20 billion by 2021 as next generation devices, systems, and instruments are introduced to manage surgery through small ports in the body instead of large open wounds. The complete report provides a comprehensive analysis including procedure numbers, units sold, market value, forecasts, as well as a detailed competitive market shares and analysis of major players success, challenges, and strategies in each segment and sub segment. The reports cover markets for: medical specialties and sub-specialties.
Companies Profiled
Market Leaders Intuitive Surgical Accuray Stryker / Mako Hansen Medical Medrobotics Freehand 2010
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Market Participants Accel Spine Accuray Aesynt / Health Robotics Alliance Spine Alphatec Spine Amedica Apollo Spine Ascendx Spine AVRA Surgical Back 2 Basics Spine Captiva Spine Centinel Spine Corindus Elekta AB Freehand Globus Medical Hansen Medical Healthcare Robotics Lab Intuitive Surgical Johnson and Johnson / DePuy Synthes K2M Lanx / EBI Holdings / BioMet / LDR Life Spine Mazor Robotics Medrobotics Medtronic NLT Spine NuVasive Otto Bock HealthCare RTI Biologics / Pioneer Surgical Technology Precision Spine Restoration Robotics SI-BONE 503 Spinal Elements Spineart SpineGuard Spine Frontier Spineology Spine Smith Partners Spine Surgical Innovations Spine View Spine Wave Stryker / MAKO Surgical Think Surgical Titan Medical TranS1 UC Berkeley Varian Medical Systems
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