PUBLISHER: iData Research Inc. | PRODUCT CODE: 1560080
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1560080
The U.S. surgical navigation and robotics market was valued at approximately $7 billion in 2023 and is expected to grow at a CAGR of 15.4%, reaching nearly $18.9 billion by 2030. Of this total, the U.S. surgical robotics market, valued at $6.3 billion in 2023, represents 90% of the overall market, with the remaining share attributed to the surgical navigation segment.
The comprehensive report on the U.S. robotics and surgical navigation (RNAV) market covers four segments in surgical navigation and six segments in robotics. The surgical navigation market includes the orthopedic, spine, neurosurgery, and ENT (ear, nose, and throat) navigation systems. The surgical robotics market is divided into segments for minimally invasive surgery (MIS), orthopedic, spinal, neurosurgery, radiosurgery, and vascular catheter systems. The report also features an appendix on surgical navigation using augmented reality (AR) technology.
Data Included:
U.S. Surgical Navigation and Robotics Market Trends:
The market is experiencing significant growth as competition increases and development costs decrease. Augmented reality (AR)-based surgical navigation systems are becoming more prevalent, which is driving down the average selling prices (ASP) of traditional navigation systems. Although AR-based systems may increase unit sales, they exert downward pressure on the ASP of older navigation devices, slightly reducing the market's overall value. However, this price reduction is expected to make advanced technologies more accessible to hospitals and ambulatory surgery centers.
AR and virtual reality (VR) are also being adopted for surgical training, providing realistic simulations. AR-based systems may soon become the go-to for the next generation of surgeons, offering real-time, heads-up guidance. However, widespread adoption will depend on further validation of its accuracy and efficiency in surgical settings.
Market Share Insights:
In 2023, minimally invasive surgery (MIS) robotic systems accounted for over 70% of the total surgical robotics market, with Intuitive Surgical leading the space. Intuitive's da Vinci systems dominate due to strong unit sales of capital equipment and ongoing demand for disposable instruments, which comprise about 70% of the MIS market. The FDA's clearance of the da Vinci 5 in March 2024, with enhanced accuracy and feedback technology, further solidified Intuitive's position.
The orthopedic robotics segment captured over 10% of the surgical robotics market in 2023, with Stryker's Mako(TM) and Smith & Nephew's CORI(TM) systems competing for market leadership. Stryker's Mako(TM), primarily used in knee and hip arthroplasty, surpassed 500,000 procedures by 2024.
In the surgical navigation sector, Medtronic maintained its leadership in spine, neurosurgery, and ENT navigation systems with its StealthStation(TM) S8 platform. Medtronic is also a major player in the robotic-assisted spinal surgery market and has entered the MIS robotic space with the Hugo(TM) RAS system.
TABLE of CONTENTS
List of Figures
List of Charts
executive summary
U.S. Surgical Navigation and Robotics Market Overview
Competitive Analysis
Market Trends
Market Developments
Market Segmentation
Procedure Segmentation
Procedure Codes Investigated
Key Report Updates
Version History
research methodology
impact of covid-19 on THE U.S. Surgical Navigation and Robotics Market
Disease Overview
Product Assessment
Procedure Numbers
Surgical Navigation Market Overview
Orthopedic Navigation System Market
Spine Navigation System Market
Neurosurgery Navigation System Market
ENT Navigation System Market
Surgical Robotics Market Overview
Minimally Invasive Surgery Robotic System Market
Robotic-Assisted Orthopedic Surgery System Market
Robotic-Assisted Spinal Surgery System Market
Robotic-Assisted Neurosurgery System Market
Robotic Radiosurgery System Market
Robotic Vascular Catheter System Market
APPENDIX: Augmented REALITY-BASED SPINAL SURGICAL NAVIGATION MARKET
Abbreviations
Figure 4-23 Class 2 Device Recall Catalyst System
Figure 4-25 Class 2 Device Recall Leksell Vantage Stereotactic System
Figure 4-45 Class 2 Device Recall Leksell Vantage Stereotactic System
Figure 4-46 Class 2 Device Recall Elekta Unity MRLinac, ImageGuided Radiation Therapy System
Figure 4-50 Class 2 Device Recall da Vinci SP Camera