USA Robotic Assisted Surgery Systems Market Outlook to 2028

USA Robotic Assisted Surgery Systems Market Overview

The USA Robotic Assisted Surgery Systems Market has experienced notable growth, this is reflected by Global Robotic Assisted Surgery Systems Market reaching a valuation of USD 9.1 billion in 2023. This growth is fueled by the increasing adoption of minimally invasive surgeries, advancements in robotic technology, and the rising prevalence of chronic diseases requiring surgical intervention.

The key players in the USA Robotic Assisted Surgery Systems market include Intuitive Surgical, Inc., Medtronic plc, Stryker Corporation, Smith & Nephew plc, and Zimmer Biomet Holdings, Inc. These companies dominate the market due to their extensive product portfolios, strong R&D capabilities, and strategic acquisitions and partnerships.

In 2023, Intuitive Surgical announced the acquisition of Orpheus Medical to enhance its digital surgery ecosystem. This was done to allow users to capture, share, and analyze clinical video and imaging from various sources, which can help improve physician and operating room workflow, as well as enable analysis of surgical interventions.

USA Robotic Assisted Surgery Systems Current Market Analysis

Advances in imaging technologies, such as 3D imaging and augmented reality, are providing surgeons with better visualization during procedures. A study published by the American College of Surgeons in 2021 highlighted that 3D imaging technologies have improved the accuracy of tumor resections compared to traditional 2D imaging.

The impact of robotic assisted surgery systems on the healthcare industry is profound, leading to shorter recovery times, reduced surgical complications, and improved patient outcomes. Hospitals and surgical centers are increasingly adopting these systems to enhance their service offerings and attract patients seeking advanced surgical options.

The Northeast region of the USA is particularly dominating the market, driven by the high concentration of top-tier hospitals, medical research institutions, and significant healthcare expenditure.

USA Robotic Assisted Surgery Systems Market Segmentation

By Product Type: USA Robotic Assisted Surgery Systems Market segmented by product into robotic systems, instruments and accessories, and services. In 2023, the Robotic Systems is standing dominant. This includes the primary hardware systems used in robotic surgeries. Within this category, the standalone robotic systems sub-segment holds the largest market share.

By End User: USA Robotic Assisted Surgery Systems Market segmented by end user into hospitals, ambulatory surgery centers (ASCs), and specialty clinics. In 2023, Urology Surgery leads because it encompasses a variety of surgical procedures related to the urinary tract and male reproductive system, where robotic-assisted surgery has made significant strides.

By Application: USA Robotic Assisted Surgery Systems Market segmented by application into general surgery, gynecology surgery, and urology surgery. In 2023, General Surgery category is paving its way because it includes a wide range of surgical procedures that benefit from the use of robotic assisted systems.

USA Robotic Assisted Surgery Systems Market Competitive Landscape

Company

Establishment Year

Headquarters

Intuitive Surgical, Inc.

1995

Sunnyvale, CA

Medtronic plc

1949

Dublin, Ireland

Stryker Corporation

1941

Kalamazoo, MI

Smith & Nephew plc

1856

London, UK

Zimmer Biomet Holdings

1927

Warsaw, IN

Intuitive Surgical: A leader in the robotic surgery market, with their systems widely used across various surgical specialties including urology, gynecology, and general surgery. In 2023, Intuitive Surgical acquired Orpheus Medical, a company specializing in clinical video and imaging documentation. This acquisition aims to enhance Intuitive’s digital surgery ecosystem by integrating advanced analytics and imaging capabilities with robotic-assisted surgery.

Medtronic plc: Medtronic plc is a significant player in the medical technology industry. including robotic surgery. 2023, Medtronic announced a partnership with ASGE to advance the use of robotic-assisted technology in gastrointestinal (GI) surgeries.

Stryker Corporation: A leading medical technology company, has made significant strides in the USA robotic surgery market through its acquisition of Mako Surgical Corp. Stryker appears to have delivered strong financial performance in 2023, surpassing $20 billion in annual sales for the first time

USA Robotic Assisted Surgery Systems Industry Analysis

USA Robotic Assisted Surgery Systems Market Growth Drivers

Precision Enabled by AI: The precision enabled by AI is crucial in complex surgeries where millimeter-level accuracy is required for successful outcomes. Intuitive Surgical, the pioneer of robotic-assisted surgery, has been at the forefront of incorporating AI and machine learning into its da Vinci surgical systems. In 2023, 2,286,000 surgical procedures were performed with Intuitive's da Vinci systems.

Increasing Penetration of Surgical Robots in ASCs: The increasing penetration of surgical robots in ambulatory surgery centers (ASCs) is seen as a key market opportunity in the USA. Zimmer Biomet reported that roughly a third of its U.S. robot installations are in ASCs.

Patient Preference for Minimally Invasive Surgeries: Minimally invasive surgery in general has been shown to have benefits over open surgery, including lower blood loss, reduced incidence of postoperative adhesions, fewer wound complications, reduced postoperative pain, earlier recovery, shortened hospital stays, and improved cosmesis

USA Robotic Assisted Surgery Systems Market Challenges

High Costs and Financial Barriers: Robotic systems such as the da Vinci Surgical System by Intuitive Surgical can cost between $1 million and $2.5 million. Beyond the initial purchase, maintenance contracts can cost $100,000 to $170,000 per year.

Limited Reimbursement Policies: The policies suggest that the reimbursement model aims to incentivize the use of robotic assistance where it adds value, such as transitioning from open to minimally invasive approaches, rather than providing separate payments.

Integration with Existing Systems: Integrating robotic systems with existing hospital information systems (HIS), electronic medical records (EMR), and other surgical equipment can pose challenges. As robotic systems become more sophisticated and reliant on software, they become susceptible to software bugs and cybersecurity threats.

USA Robotic Assisted Surgery Systems Market Government Initiatives

National Robotics Initiative (NRI) (2011): It was launched by the U.S. government in 2011. Innovations in Integration of Robotics (NRI-3.0) program was launched by the National Science Foundation in 2021 to fund 30 grants ranging from $250,000 to $1.5 million each and has also provided funding for NRI projects, with award sizes typically ranging from $100,000 to $250,000 per year for 1-3 year durations.

Digital Health Innovation Plan (2020): It commits to issuing guidance, increasing digital health staff expertise, and developing the Digital Health Software Precertification Pilot Program (Pre-Cert). One of the biggest developments in 2023 was the FDA's release of a draft guidance on a Predetermined Change Control Plan (PCCP) for marketing submissions of artificial intelligence and machine learning (AI/ML) enabled medical devices.

USA Robotic Assisted Surgery Systems Market Future Outlook

By 2028, The USA Robotic Assisted Surgery Systems market is expected to continue growing substantially, driven by technological advancements, increasing healthcare expenditure, and rising demand for minimally invasive surgeries.

USA Robotic Assisted Surgery Systems Market Future Market Trends

Expansion of AI and Machine Learning in Robotic Systems: By 2028, the integration of AI and machine learning in robotic surgery systems will significantly enhance their capabilities. The market will witness the introduction of AI-powered robots capable of learning from previous surgeries to optimize performance.

Expansion into Neurosurgery and Thoracic Surgery: The scope of robotic-assisted surgeries will expand beyond traditional applications. By 2028, robotic systems will be widely used in fields such as neurosurgery and thoracic surgery, driven by continuous advancements.
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