Medical Robots - Global Strategic Business Report

Medical Robots - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Nov 22, 2016, 191 Pages
US$4,950.00
GIA-MCP7687

Medical Robots and Robot-Assisted Surgery - Emerging Surgical Technology Market Report

This report analyzes the worldwide markets for Medical Robots in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 56 companies including many key and niche players such as 

  • Accuray, Inc
  • Aesynt Incorporated
  • Epson Robots
  • Hansen Medical, Inc.
  • Intuitive Surgical, Inc.

Medical Robots - Global Strategic Business Report
TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW                                                  II-1
      Medical Robots - From Science Fiction to Reality                  II-1
       Outlook                                                          II-2
       Factors Hampering Growth                                         II-2
        Technical Limitations                                           II-3
        High Costs - A Cause of Concern                                 II-3
        Stringent Regulatory Laws Prolong Development in Medical Robots II-3
       Competitive Landscape                                            II-3
        Robotic Surgery - Major Players                                 II-4
         Intuitive Surgical- Undisputed in MIS Market                   II-4
          Table 1: Installed da Vinci® Systems Globally (2015):
          Breakdown of Installed da Vinci® Systems in US, Europe,
          Asia and Rest of World (includes corresponding
          Graph/Chart)                                                  II-4
         Review of Other Prominent Players in Robotic Surgery Space     II-4
        Key Players in Global Robotic Surgery Market by Application     II-6

  2. MARKET TRENDS AND FORCES                                           II-7
      Robot-Assisted Surgery - An Emerging Surgical Technology          II-7
       Table 2: Global Surgery Market (2014 and 2015): Percentage
       Breakdown of Surgical Procedure Volume by Type (includes
       corresponding Graph/Chart)                                       II-8
       Better Preoperative Planning and Guided Implementation Buoy
        Demand for Orthopedic Surgical Robots                           II-8
        Table 3: Select Musculoskeletal Conditions - Percentage
        Breakdown by Age Group (includes corresponding Graph/Chart)     II-9
       Spinal Surgical Robots to Gain from High Incidence of Chronic
        Back Problems                                                   II-9
       Oncology Surgical Robots - Taking Cancer Treatment to the
        Next level                                                      II-10
       Surgical Robots Increasingly Find Place in Abdominal Surgeries   II-10
       Nanobots - The Next Big Thing                                    II-11
       Surgical Nurses on the Way Out?                                  II-11
       Privacy and Security Concerns to Weigh on Teleoperated
        Surgical Robot Market                                           II-11
       Questioning the Efficacy of Robotics in Surgical Procedures      II-12
       Future of Robot-Assisted Surgery                                 II-13
      Rehabilitation Robotics - An Expanding market with Significant
       Potential                                                        II-13
       Functions of Nursing Care Robots                                 II-14
       Key Factors Impacting Demand                                     II-14
        Demographic Statistics of Aging Populace: Unfurling the
         Market Potential                                               II-15
         Table 4: Global 60 Years and Above Population (in Millions)
         by Geographic Region: 1980-2050 (includes corresponding
         Graph/Chart)                                                   II-15

         Table 5: Percentage of Population with Disabilities by Age
         Group (includes corresponding Graph/Chart)                     II-16

         Table 6: Annual Incidence of Spinal Cord Injuries from
         Major Traumatic Causes in Select Regions: 1959-2011 (per
         Million Individuals)                                           II-16
      Types of Rehabilitative Robots Based on Societal Trends           II-16
       Robots for Long Term Care                                        II-16
       Companion Robots                                                 II-17
       Tele-care Robots                                                 II-17
       Walking Assistant Robots                                         II-17
       Great Advancements, but Far Greater Challenges                   II-18
       Neuro-Robotics - An Expanding Area With Vast Potential           II-18
       Medical Transportation Robots                                    II-19
      Assistive Robots Set to Leave Their Mark                          II-19
      Significance of Robotics in Life Science Arena                    II-19
      Regulatory Framework: Need of the Hour                            II-20

  3. PRODUCT OVERVIEW                                                   II-21
      Medical Robots- An Insight                                        II-21
      A Peep into the History                                           II-21
       Types of Medical Robots                                          II-21
        Surgical Robots                                                 II-21
        Semi-Autonomous Surgical Robot                                  II-22
        Guided Surgical Robotic System                                  II-22
        Teleoperated Surgical Robot                                     II-22
        Rehabilitation Robots                                           II-22
        Telerobotics                                                    II-23
        Pharmacy Robots                                                 II-23
       Pros and Cons of Robotic Surgery                                 II-23
        Advantages                                                      II-23
        Disadvantages                                                   II-23
      Review of Select Surgical Robotic Systems                         II-23
       The da Vinci Surgical System                                     II-23
       CyberKnife VSI System                                            II-24
       The Sensei X Robotic Catheter                                    II-24
       Renaissance                                                      II-25
       MAKOplasty Systems                                               II-25
       ROBODOC System                                                   II-25
       The Stereotaxis Magnetic Navigation System                       II-25
      Technological Advancements                                        II-26
       Octopus Robot                                                    II-26
       Robot Pills and Drones                                           II-26
       Snake Robots                                                     II-26
       Others in the Works                                              II-26

  4. PRODUCT INNOVATIONS/INTRODUCTIONS                                  II-27
      Cambridge Medical Robotics Rolls Out Surgical System Prototype    II-27
      Accuray Rolls Out InCise™ Multileaf Collimator for the
       CyberKnife® M6™ System Outside US                                II-27
      First CyberKnife® starts operations at Winthrop Hospital          II-27

  5. RECENT INDUSTRY ACTIVITY                                           II-28
      Microbot Medical to Acquire StemCells in Reverse Merger           II-28
      Corindus Vascular Robotics Inks Agreement with ACIST Medical
       Systems                                                          II-28
      Medtronic Completes Second Tranche Investment in Mazor Robotics   II-28
      Cambridge Medical Completes Series A Funding Round                II-28
      Auris Complete Acquisition of Hansen Medical                      II-28
      Zimmer Biomet to Acquire Medtech                                  II-28
      Bionik Laboratories Acquires Interactive Motion Technologies      II-28
      Mazor Robotics Inks Agreement with Medtronic                      II-29
      Accuray Signs Agreement with medPhoton for Volumetric Image
       Guidance on CyberKnife                                           II-29
      FDA Approves Intuitive’s da Vinci® Xi® Single-Site instruments
       and accessories                                                  II-29
      Omnicell Inc. Installs First Robot Dispensing System in the
       Middle East                                                      II-29
      Medicaroid Commences Operations from US Subsidiary                II-29
      Vincent Medical Care Holdings Completes Acquisition of Rehab-
       Robotics                                                         II-29
      US Patent Innovations files for patent on Canady Robo™            II-29
      Hansen Medical Inks Agreement with AB Medica Sagl                 II-30
      TransEnterix Acquires Surgical Robotic Division of SOFAR          II-30
      Google and Johnson & Johnson Form Verb Surgical                   II-30
      Sarcos LC Acquires Raytheon Sarcos                                II-30
      Cyberdyne Gets Japanese Regulatory Approval for wearable 
       walk-assist robot                                                II-30
      Yaskawa Electric Inks Deal with ARGO Medical                      II-30
      Smith & Nephew Acquires Surgical Robotics Business of Blue
       Belt Technologies                                                II-30
      Globus Medical Acquires Excelsius Surgical                        II-30
      FDA Approve Intuitive’s Single-Site Wristed Needle Driver         II-31
      Intuitive Receives FDA Approval for Use of da Vinci System in
       Benign, Base of Tongue Resection                                 II-31
      Accuray Inks Deal With Amerinet                                   II-31
      Accuray Signs Agreement with Novation                             II-31

  6. FOCUS ON SELECT GLOBAL PLAYERS                                     II-32
      Accuray, Inc. (US)                                                II-32
      Aesynt Incorporated (US)                                          II-32
      Epson Robots (US)                                                 II-33
      Hansen Medical, Inc. (US)                                         II-33
      Intuitive Surgical, Inc. (US)                                     II-33
      Mazor Robotics Ltd. (Israel)                                      II-34
      Restoration Robotics Inc. (US)                                    II-34
      RST Automation LLC (US)                                           II-35
      Smith & Nephew Plc (UK)                                           II-35
      Stryker Corporation (US)                                          II-35
      Titan Medical, Inc. (Canada)                                      II-36

  7. GLOBAL MARKET PERSPECTIVE                                          II-37
      Table 7: World Recent Past, Current & Future Analysis for
      Medical Robots by Geographic Region - US, Canada, Japan,
      Europe, Asia-Pacific, and Rest of World Markets Independently
      Analyzed with Annual Revenue Figures in US$ Million for Years
      2015 through 2022 (includes corresponding Graph/Chart)            II-37

      Table 8: World Historic Review for Medical Robots by
      Geographic Region - US, Canada, Japan, Europe, Asia-Pacific,
      and Rest of World Markets Independently Analyzed with Annual
      Revenue Figures in US$ Million for Years 2009 through 2014
      (includes corresponding Graph/Chart)                              II-38

      Table 9: World 14-Year Perspective for Medical Robots by
      Geographic Region - Percentage Breakdown of Dollar Revenues
      for US, Canada, Japan, Europe, Asia-Pacific, and Rest of World
      Markets for Years 2009, 2016 & 2022 (includes corresponding
      Graph/Chart)                                                      II-39


 III. MARKET

  1. THE UNITED STATES                                                  III-1
      A.Market Analysis                                                 III-1
        Current & Future Analysis                                       III-1
        Despite Hurdles, Robot-Assisted Surgery Market Rule the Roost   III-1
         Table 10: Penetration of Robotics in the US in Key Minimal
         Invasive Procedures (2015) (includes corresponding
         Graph/Chart)                                                   III-2

         Table 11: Surgical Procedures in the US (2014 and 2015):
         Percentage Breakdown of Procedure Volume by Type (includes
         corresponding Graph/Chart)                                     III-2
        Nursing Shortage Pushes the Need for Rehabilitation Robots      III-3
         Table 12: Ambulatory Disability Prevalence in the US by Age
         Group (2015E): Percentage Prevalence (%) for All Ages, Age
         5-15 Years, 16-20 Years, 21-64 Years, More than 65
         Years(includes corresponding Graph/Chart)                      III-4

         Table 13: US Population by Age Group (2015 & 2050):
         Percentage Breakdown for 0-14, 15-64, and >65 Age Groups
         (includes corresponding Graph/Chart)                           III-4

         Table 14: North American Elderly Population by Age Group:
         1975-2050 (includes corresponding Graph/Chart)                 III-5
        Strategic Corporate Developments                                III-5
        Product Launches                                                III-8
        Select Key Players                                              III-8
      B.Market Analytics                                                III-12
        Table 15: The US Recent Past, Current & Future Analysis for
        Medical Robots Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2015 through 2022 (includes
        corresponding Graph/Chart)                                      III-12

        Table 16: The US Historic Review for Medical Robots Market
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2009 through 2014 (includes corresponding Graph/Chart)    III-13

  2. CANADA                                                             III-14
      A.Market Analysis                                                 III-14
        Current & Future Analysis                                       III-14
        Strategic Corporate Development                                 III-14
        Titan Medical, Inc - A Key Canadian Player                      III-14
      B.Market Analytics                                                III-15
        Table 17: Canadian Recent Past, Current & Future Analysis
        for Medical Robots Market Analyzed with Annual Revenue
        Figures in US$ Million for Years 2015 through 2022 (includes
        corresponding Graph/Chart)                                      III-15

        Table 18: Canadian Historic Review for Medical Robots Market
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2009 through 2014 (includes corresponding Graph/Chart)    III-16

  3. JAPAN                                                              III-17
      A.Market Analysis                                                 III-17
        Current & Future Analysis                                       III-17
        Japan Gears Up for Stiff Competition                            III-17
         Japanese Nursing Care Robotics Market Set for Brighter Future  III-17
        Technology Aids Growth in the Nursing Market                    III-18
         Major Players in Japanese Nursing Robotic Care Industry        III-19
        Japan Revamps Elderly Care Robot Development                    III-19
        Recent Industry Activity                                        III-19
        Key Players                                                     III-19
      B.Market Analytics                                                III-20
        Table 19: Japanese Recent Past, Current & Future Analysis
        for Medical Robots Market Analyzed with Annual Revenue
        Figures in US$ Million for Years 2015 through 2022 includes
        corresponding Graph/Chart)                                      III-20

        Table 20: Japanese Historic Review for Medical Robots Market
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2009 through 2014 (includes corresponding Graph/Chart)    III-21

  4. EUROPE                                                             III-22
      A.Market Analysis                                                 III-22
        Current & Future Analysis                                       III-22
        Japanese Healthcare Robots Find Acceptance for Elderly Care     III-22
         Table 21: Elderly Population in 65+ Age Group in Major
         European Union Countries (includes corresponding
         Graph/Chart)                                                   III-23
      B.Market Analytics                                                III-24
        Table 22: European Recent Past, Current & Future Analysis
        for Medical Robots by Geographic Region - France, Germany,
        Italy, UK, and Rest of Europe Markets Independently Analyzed
        with Annual Revenue Figures in US$ Million for Years 2015
        through 2022 (includes corresponding Graph/Chart)               III-24

        Table 23: European Historic Review for Medical Robots by
        Geographic Region - France, Germany, Italy, UK, and Rest of
        Europe Markets Independently Analyzed with Annual Revenue
        Figures in US$ Million for Years 2009 through 2014 (includes
        corresponding Graph/Chart)                                      III-25

        Table 24: European 14-Year Perspective for Medical Robots by
        Geographic Region - Percentage Breakdown of Dollar Revenues
        for France, Germany, Italy, UK, and Rest of Europe Markets
        for Years 2009, 2016 & 2022 (includes corresponding
        Graph/Chart)                                                    III-26

  4a. FRANCE                                                            III-27
       Market Analysis                                                  III-27
        Table 25: French Recent Past, Current & Future Analysis for
        Medical Robots Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2015 through 2022 (includes
        corresponding Graph/Chart)                                      III-27

        Table 26: French Historic Review for Medical Robots Market
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2009 through 2014 (includes corresponding Graph/Chart)    III-28

  4b. GERMANY                                                           III-29
       Market Analysis                                                  III-29
        Table 27: German Recent Past, Current & Future Analysis for
        Medical Robots Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2015 through 2022 (includes
        corresponding Graph/Chart)                                      III-29

        Table 28: German Historic Review for Medical Robots Market
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2009 through 2014 (includes corresponding Graph/Chart)    III-30

  4c. ITALY                                                             III-31
       Market Analysis                                                  III-31
        Table 29: Italian Recent Past, Current & Future Analysis for
        Medical Robots Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2015 through 2022 (includes
        corresponding Graph/Chart)                                      III-31

        Table 30: Italian Historic Review for Medical Robots Market
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2009 through 2014 (includes corresponding Graph/Chart)    III-32

  4d. THE UNITED KINGDOM                                                III-33
      A.Market Analysis                                                 III-33
        Current & Future Analysis                                       III-33
        Despite Slow Start, the UK Robotics Surgery Market Gathers
         Steam                                                          III-33
        Product Launch                                                  III-33
        Strategic Corporate Development                                 III-34
        Key Players                                                     III-34
      B.Market Analytics                                                III-35
        Table 31: UK Recent Past, Current & Future Analysis for
        Medical Robots Market Analyzed with Annual Revenue Figures
        in US$ Million for Years 2015 through 2022 (includes
        corresponding Graph/Chart)                                      III-35

        Table 32: UK Historic Review for Medical Robots Market
        Analyzed with Annual Revenue Figures in US$ Million for
        Years 2009 through 2014 (includes corresponding Graph/Chart)    III-36

  4e. REST OF EUROPE                                                    III-37
      A.Market Analysis                                                 III-37
        Current & Future Analysis                                       III-37
        Strategic Corporate Development                                 III-37
      B.Market Analytics                                                III-38
        Table 33: Rest of Europe Recent Past, Current & Future
        Analysis for Medical Robots Market Analyzed with Annual
        Revenue Figures in US$ Million for Years 2015 through 2022
        (includes corresponding Graph/Chart)                            III-38

        Table 34: Rest of Europe Historic Review for Medical Robots
        Market Analyzed with Annual Revenue Figures in US$ Million
        for Years 2009 through 2014 (includes corresponding
        Graph/Chart)                                                    III-39

  5. ASIA-PACIFIC                                                       III-40
      A.Market Analysis                                                 III-40
        Current & Future Analysis                                       III-40
        Market Overview                                                 III-40
        Regional Insights                                               III-40
         Hong Kong                                                      III-40
         South Korean Robots on Growth Trajectory                       III-41
         Chinese Medical Robots Market Gathers Speed                    III-41
         India                                                          III-42
         Thailand                                                       III-42
        Strategic Corporate Development                                 III-42
      B.Market Analytics                                                III-43
        Table 35: Asia-Pacific Recent Past, Current & Future
        Analysis for Medical Robots Market Analyzed with Annual
        Revenue Figures in US$ Million for Years 2015 through 2022
        (includes corresponding Graph/Chart)                            III-43

        Table 36: Asia-Pacific Historic Review for Medical Robots
        Market Analyzed with Annual Revenue Figures in US$ Million
        for Years 2009 through 2014 (includes corresponding
        Graph/Chart)                                                    III-44

  6. REST OF WORLD                                                      III-45
      A.Market Analysis                                                 III-45
        Current & Future Analysis                                       III-45
        Strategic Corporate Developments                                III-45
        Mazor Surgical Robotics Ltd - A Key Israeli Player              III-45
      B.Market Analytics                                                III-46
        Table 37: Rest of World Recent Past, Current & Future
        Analysis for Medical Robots Market Analyzed with Annual
        Revenue Figures in US$ Million for Years 2015 through 2022
        (includes corresponding Graph/Chart)                            III-46

        Table 38: Rest of World Historic Review for Medical Robots
        Market Analyzed with Annual Revenue Figures in US$ Million
        for Years 2009 through 2014 (includes corresponding
        Graph/Chart)                                                    III-47


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 56 (including Divisions/Subsidiaries - 59)

     The United States (28)
     Canada (4)
     Japan (7)
     Europe (14)
     - France (1)
     - Germany (3)
     - The United Kingdom (4)
     - Spain (1)
     - Rest of Europe (5)
     Asia-Pacific (Excluding Japan) (6)
Additional Information:
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Date of Publication:
Nov 22, 2016
File Format:
PDF via E-mail
Number of Pages:
191 Pages