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Abdominal Surgical Robots Market Shares, Strategies, and
Forecasts, Worldwide, 2015 to 2021
Product Synopsis:
Acute Market Reports announces that it has published a new study Abdominal Surgical
Robots: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. The 2015 study
has 416 pages, 176 tables and figures. Worldwide abdominal 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.
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Intuitive Surgical owns the market as the sole participant with measurable market share in
abdominal surgical robots. This leadership position will need to be defended as other
products, now in clinical trials come to market. Advanced technology, an impressive
installed base and a well trained group of surgeons able to manage the robots give Intuitive
Surgical market advantage. 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 abdominal surgical robotics is a strong growth
market.
Abdominal robotic surgery is poised to eclipse open surgery. It is used in the categories of
general surgery, urologic surgery, head and neck surgery, and gynecological surgery.
Surgical robots are positioned to become the standard of care for hospitals in the delivery
of abdominal surgery. The emerging group of several abdominal surgical robotic
companies will collectively have enough marketing dollars and enough marketing clout to
drive replacement of all open surgery.
Abdominal surgical robots are evolving platforms that are useful for surgeons seeking to
achieve excellence and repeatability in every surgery. Intuitive Surgical now dominates, is
alone in the market, but several vendors with specialized products are targeting the large
and rapidly growing abdominal robotic surgery market. The vendors expertise in a
specialty gives them strategic advantage to address a large and growing market.
Every surgeon working to perform gynecological surgery wants to practice at a hospital
that has those abdominal robotic surgical devices, thus in order to attract physicians and
patients, the hospitals have to purchase the robot surgical equipment. The penetration of
the hospitals will go from 21% to 100% in the US within five years, as the surgeons migrate
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to the places that have the robotic surgical equipment. The abdominal surgical robots
permit better surgery and the surgeons and patients know this.
Category: Main topic classifications
http://www.acutemarketreports.com/category/surgical-equipment-market
The technology uses metal tubes attached to the arms are inserted through the ports, and
the cutting and visualization instruments are introduced through the tubes into the
patient’s body. The surgeon performs the procedure while sitting at a console,
manipulating the instrument controls and viewing the operation through a vision system.
When a surgeon needs to change an instrument the instrument is withdrawn from the
surgical field using the controls at the console and the nursing assistants switch
instruments as per the physician instruction. This is done many times during an operation.
Key elements of abdominal surgical robot strategy include a focus on key procedures. This
study has a concentration on procedure analysis as that is the essence of the market.
Existing procedures are easier, safer and more cost-effective than the alternative methods.
The strategy is to broaden the number of procedures performed using a robotic surgical
system and to educate surgeons, hospitals and patients as to the benefits of robotic surgery
while understanding the numbers relating to procedure implementation.
An analysis of abdominal robotic procedure volumes and variety procedures leads to the
conclusion that Intuitive Surgical market position will be difficult to dislodge. Intuitive
Surgical dominant position is based on technological excellence that keeps being improved.
Competitors will have a difficult time catching up, much less improving on the Intuitive
Surgical technology. True bedside units and lower cost will help other competitors emerge
Intuitive Surgical has achieved close to 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.
The surgical robot market is characterized enormous variety and innovation. A surgical
robot recurring revenue business model is essentially a large one time purchase for a
system complimented by replaceable or disposable instruments that cumulatively make
the market a much larger and sustainable ongoing market. Vendors make money from the
one time sale of a system and recurring revenue from sale of devices used in every
operation.
Initially, a vendor sells and installs the surgical system into new customer accounts. Once
systems are sold into customer accounts, the vendor generates recurring revenue as our
customers use the system to perform surgery. To do abdominal surgeries, the customers
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need to buy and consume instruments and accessory products. Vendors also generate
recurring revenue from system service.
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 abdominal surgery can
be replaced in large part by robotic abdominal surgery during the forecast period.
Abdominal robotic surgical approaches complement existing open surgery techniques.
Soon, all surgery will be undertaken with at least come aspects of robotic surgery replacing
or complementing open surgery.”
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