Robotic Surgery Equipment Manufacturing in the US - Industry Market Research Report

Robotic Surgery Equipment Manufacturing in the US - Industry Market Research Report


Robotic Surgery Equipment Manufacturing in the US

Since the US Food and Drug Administration (FDA) approved Intuitive Surgical's da Vinci surgical system in 2000, the Robotic Surgery Equipment Manufacturing industry has surged. Surgeons use robotic surgery equipment for complex surgical procedures that may be arduous to navigate without 3D imaging providing real-time feedback to surgeons. According to Intuitive Surgical, the industry's leading manufacturer, more than 7,544 hospitals have installed da Vinci systems by December 2022 (latest data available). Healthcare providers and patients have favored robot-assisted surgery because of quicker patient recovery times, less blood loss and less pain. Robust demand from hospitals, particularly large and smaller, critical-access hospitals, has bolstered revenue through 2023. Similarly, profit has ballooned to 24.7%.

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.


TABLE OF CONTENTS

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

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