Market Overview:
The global robotic catheterization system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, technological advancements in robotic catheterization systems, and rising prevalence of cardiovascular diseases. Based on type, the global robotic catheterization system market is segmented into single-specialty systems and multi- specialty systems. The single-specialty systems segment is further subsegmented into coronary angiography (CA) Systems, peripheral vascular intervention (PVI) Systems, and electrophysiology (EP) Systems. The multi- specialty systems segment includes neurovascular intervention (NVI), urology/gynecology intervention (UGI), and other applications such as general surgery and interventional radiology procedures. Based on application, the global robotic catheterization system market is divided into hospitals, specialty clinics, ambulatory surgical centers (ASCs), and others such as research institutes and training centers. Geographically speaking, North America dominates the global robotic catheterization system market followed by Europe due to early adoption of technologically advanced products in these regions coupled with rising incidence of cardiovascular diseases across these regions.
Product Definition:
A robotic catheterization system is a device that helps to guide and control medical instruments during a surgical procedure. The importance of a robotic catheterization system is that it provides precision and accuracy during the surgery, which can lead to better patient outcomes.
Single-specialty Systems:
Single-specialty systems are used for the treatment of complex diseases and conditions. These devices are equipped with various diagnostic and therapeutic tools that help in monitoring, diagnosing, and treating a single disease or condition. The factors that propel the growth of global single-specialty systems market include rising geriatric population base coupled with increasing prevalence of chronic diseases such as cancer, diabetes mellitus & cardiovascular disorders globally.
Multi- specialty Systems:
Multi- specialty systems and it's usage in robotic catheterization system market is a technique where the medical specialist uses several devices to examine, operate or treat a single body part. This technology helps the specialists to perform complicated procedures with ease. Multi- specialty systems are used for various applications such as vascular surgery, urology, neurosurgery and orthopedic surgeries among others.
Application Insights:
Based on application, the robotic catheterization system market is segmented into hospitals, specialty clinics, ambulatory surgical centers and others. The hospital segment dominated the market in 2017 due to increasing prevalence of chronic diseases such as heart diseases, blood clots and cancer which require frequent medical procedures. According to a study published by National Center for Biotechnology Information (NCBI) in 2018, it was estimated that around 60% of revenue generated from cardiac electrophysiology procedures goes towards treating cardiovascular conditions. This factor is anticipated to fuel demand for Robotic Catheterization Systems (RCS) over the forecast period.
The specialty clinic segment is expected register significant growth over the forecast period owing to growing preference among patients suffering from rare or complex disorders who require highly skilled medical care along with RCSs which enable faster treatment delivery processes at reduced cost compared with conventional methods.
Regional Analysis:
North America dominated the global market in 2017 owing to the increasing prevalence of chronic diseases, high adoption rate of advanced technologies, and supportive government initiatives. For instance, In April 2018, U.S.-based company Intuitive Surgical introduced a robotic system for endovascular procedures known as da Vinci Xi System at American Heart Association’s Scientific Sessions 2017 in Dallas. The introduction of such technologically advanced systems is expected to drive the regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due to factors such as improving healthcare infrastructure and rising demand for minimally invasive surgeries among patients from emerging economies like China & India coupled with growing medical tourism industry in these countries are some other major factors driving this regional market growth over next eight years to 2030 time frame.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Technological advancements in robotic catheterization systems
- Growing demand for minimally invasive surgeries (MIS)
- Rising healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Robotic Catheterization System Market Research Report
By Type
Single-specialty Systems, Multi- specialty Systems
By Application
Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Others
By Companies
Smith & Nephew, Corindus Vascular Robotics, Siemens, Angio Dynamics, Galil Medical, Olympus, CONMED, AtriCure
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Robotic Catheterization System Market Report Segments:
The global Robotic Catheterization System market is segmented on the basis of:
Types
Single-specialty Systems, Multi- specialty Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smith & Nephew
- Corindus Vascular Robotics
- Siemens
- Angio Dynamics
- Galil Medical
- Olympus
- CONMED
- AtriCure
Highlights of The Robotic Catheterization System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-specialty Systems
- Multi- specialty Systems
- By Application:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Robotic Catheterization System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A robotic catheterization system is a medical technology that uses a robot to perform procedures such as angiography and coronary artery bypass grafting.
Some of the key players operating in the robotic catheterization system market are Smith & Nephew, Corindus Vascular Robotics, Siemens, Angio Dynamics, Galil Medical, Olympus, CONMED, AtriCure.
The robotic catheterization system market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Robotic Catheterization System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Robotic Catheterization System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Robotic Catheterization System Market - Supply Chain
4.5. Global Robotic Catheterization System Market Forecast
4.5.1. Robotic Catheterization System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Robotic Catheterization System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Robotic Catheterization System Market Absolute $ Opportunity
5. Global Robotic Catheterization System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Robotic Catheterization System Market Size and Volume Forecast by Type
5.3.1. Single-specialty Systems
5.3.2. Multi- specialty Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Robotic Catheterization System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Robotic Catheterization System Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Specialty Clinics
6.3.3. Ambulatory Surgical Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Robotic Catheterization System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Robotic Catheterization System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Robotic Catheterization System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Robotic Catheterization System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Robotic Catheterization System Demand Share Forecast, 2019-2026
9. North America Robotic Catheterization System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Robotic Catheterization System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Robotic Catheterization System Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Specialty Clinics
9.4.3. Ambulatory Surgical Centers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Robotic Catheterization System Market Size and Volume Forecast by Type
9.7.1. Single-specialty Systems
9.7.2. Multi- specialty Systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Robotic Catheterization System Demand Share Forecast, 2019-2026
10. Latin America Robotic Catheterization System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Robotic Catheterization System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Robotic Catheterization System Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Specialty Clinics
10.4.3. Ambulatory Surgical Centers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Robotic Catheterization System Market Size and Volume Forecast by Type
10.7.1. Single-specialty Systems
10.7.2. Multi- specialty Systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Robotic Catheterization System Demand Share Forecast, 2019-2026
11. Europe Robotic Catheterization System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Robotic Catheterization System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Robotic Catheterization System Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Specialty Clinics
11.4.3. Ambulatory Surgical Centers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Robotic Catheterization System Market Size and Volume Forecast by Type
11.7.1. Single-specialty Systems
11.7.2. Multi- specialty Systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Robotic Catheterization System Demand Share, 2019-2026
12. Asia Pacific Robotic Catheterization System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Robotic Catheterization System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Robotic Catheterization System Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Specialty Clinics
12.4.3. Ambulatory Surgical Centers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Robotic Catheterization System Market Size and Volume Forecast by Type
12.7.1. Single-specialty Systems
12.7.2. Multi- specialty Systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Robotic Catheterization System Demand Share, 2019-2026
13. Middle East & Africa Robotic Catheterization System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Robotic Catheterization System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Robotic Catheterization System Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Specialty Clinics
13.4.3. Ambulatory Surgical Centers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Robotic Catheterization System Market Size and Volume Forecast by Type
13.7.1. Single-specialty Systems
13.7.2. Multi- specialty Systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Robotic Catheterization System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Robotic Catheterization System Market: Market Share Analysis
14.2. Robotic Catheterization System Distributors and Customers
14.3. Robotic Catheterization System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Smith & Nephew
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Corindus Vascular Robotics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Angio Dynamics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Galil Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Olympus
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CONMED
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AtriCure
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
