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.
Market Leaders: Intuitive Surgical,Accuray,Stryker / Mako,Hansen Medical,Medrobotics,Freehand 2010
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.
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 edical,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 rontier,Spineology,Spine Smith Partners,Spine Surgical Innovations,Spine View,Spine Wave,Stryker / MAKO Surgical,Think Surgical,Titan Medical,TranS1,UC Berkeley,Varian Medical Systems., Vecna Robotics, Victrex plc / Invibio, Vycor, Wenzel Spine, X-spine, Zyga Technology
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.
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.
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