Global Robotic Catheterization Systems Market Comprehensive Analysis, Opportunities and Forecast 2029 – Market Research Blog

A recent clinical study of radiation level using robotic catheters and standard cardiac intervention procedures revealed that robotic catheter systems show a 95% reduction in exposure to ionizing radiation. This factor will be prominent in driving the preference for robotic catheter systems as an effective catheterization procedure. The Robotic Catheter Systems Market is expected to reach USD 26 Million by the end of 2019 and is set to thrive at an impressive CAGR of 15% during the forecast period (2019 – 2029).

Interventional and surgical robotic systems have already had a major impact on how surgeries are performed and are increasingly being adopted in modern operating rooms. Robotic catheter systems have proven to be able to perform interventional procedures with very low operator exposure compared to conventional catheter procedures. Procedures in which clinicians are given navigational and mechanical tools that allow specific actions or part of a procedure to be performed independently with a level of lead and control that can only be achieved with robot-assisted catheters.

Key Takeaway – Robotic Catheter Systems Market Study

  • The popularity of robotic catheter systems, increased awareness of the system, improved reimbursement scenarios for percutaneous coronary intervention (PCI), and greater patient pool for coronary artery diseases are some of the major factors affecting the robotic catheter systems market in developed countries.
  • The high initial cost negatively affects the decision of end users to purchase robotic catheter systems. To paraphrase this issue, Hansen Medical offers a competitively priced Sensi system that visualizes lower cost of accessories and lower total cost per procedure.
  • Robotic catheter systems were installed in the Chesapeake Regional Healthcare District as the first fully integrated catheter lab installed in all intervention operating rooms.
  • In terms of product type, electromechanical robotic catheter systems which have a relatively higher technical advantage compared to magnetically guided robotic catheter systems are expected to generate significant revenue.
  • With regard to application, the greater adoption of robotic catheters for percutaneous coronary intervention compared to cardiac electrophysiology procedures suggests a higher revenue potential.

The first ever successful automated PCI procedure in the Asia Pacific region with positive results will provide a springboard for the growth of the robotic catheter systems market in the developing Asian economies.

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Market leaders on acquisition spree

Indicating the trend in other medical device markets, the major factors influencing the Robotic Catheter Systems market are the partnerships and mergers observed in recent years. The major manufacturers are entering the robotic catheter systems market by strategically expanding their reach through acquisitions and mergers, keeping in mind the growing demand for these systems.

Bundling of robotic catheter products and accessory systems at promotional prices and research contracts leads to a decrease in ASPs. Companies focus on reducing operating expenses to increase profitability. In contrast to these market changes, another important factor affecting the Robotic Catheter Systems market is the exit and entry of the participating companies.

In August 2019, Corindus Vascular Robotics Inc. , a prominent developer of microvascular robotics, said it has settled on the acquisition of Siemens Healthineers AG, representing a collective purchase price of nearly $1.1 billion. In April 2016, Auris Surgical Robotics Inc. On Hansen Medical Inc. On the order of approximately $80 million in equity value. With Hansen’s portfolio, Auris acquired the Magellan Robotic System, which works with peripheral vascular navigation in endovascular procedures, and the Sensei Robotic System, a steerable robotic catheter system.

Robotic Catheter Systems Market

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Robotic Catheter Systems Market, a new study from Future Market Insights, provides unparalleled insights into the evolution of the Robotic Catheter Systems market during 2014-2018 and presents demand forecast during 2019 – 2029 on the basis of product category (electromechanical, magnetic-guided robotic catheter systems ), application (percutaneous coronary intervention, cardiac electrophysiology procedures), and end-user (hospitals, ambulatory surgical centers, catheter labs) across seven prominent regions.

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content list

  1. Executive Summary

1.1 Global Market Outlook

1.2 Demand-side trends

1.3 Supply-side trends

1.4 Analysis and recommendations

  1. Market Overview

2.1. Market Coverage / Rating

2.2. Market Definition / Scope / Limitations

2.3 Inclusions and Exclusions

  1. Major market trends

3.1 Major trends affecting the market

3.2 Product development trends

  1. market context

4.1 Install Base Scenario

4.2 Payment Scenario

4.3 Organizational scenario

4.4 Prevalence of heart disease by country

  1. Global Robotic Catheter Systems Market Demand Analysis 2014-2018 and Forecast, 2018-2028

5.1 Historical Market Size Analysis (Units), 2014-2018

5.2 Forecast of current and future market size (units), 2018-2028

5.2.1. Annual growth trend analysis

5.2.2. absolute chance analysis

  1. Global Robotic Catheter Systems Market – Pricing Analysis

6.1 Analysis of regional prices by product type

6.2 Pricing Breakdown

6.2.1. Manufacturer level pricing

6.2.2. Distributor-level pricing

6.3 Global Average Pricing Analysis Standard

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