Home > > > > Report Detail

Medical Robots Transforming Healthcare: Pricing & Cost-Benefit Assessment (Price Variation (by Product (Surgical Robots, Rehabilitation Robotics, Stereotactic Radiosurgery), by Application, by Geography), Reimbursement, Selection Criteria, Buying Cycle

Publisher Name :
Date: 21-Apr-2016
No. of pages: 97
Inquire Before Buying

Extensive research on the price variation and cost-benefits of medical robots (surgical/rehabilitation/non-invasive radiosurgery/hospital & pharmacy) has brought to light the factors influencing the prices of the robots and the cost-savings achieved through investment in the expansive capital equipment. Considering the on-going and rapid change occurring in the health care industry, hospitals are focusing on various ways to increase the quality of care delivered. Aligned with this trend, healthcare providers are increasingly adopting advanced technologies that help them realize increase in patient volumes as well as increasing patient satisfaction in the form of reduced surgical pain, reduced hospital stay and follow-up, and faster recovery time.

Below is the list of some of the benefits of Medical Robots:

Benefits To Clinics And Hospitals (Providers) & Patients


  • Surgical Robots & Non-Invasive Radiosurgery System (robotic based): Achieve cost savings in terms of reduced pre- and post-operation care costs and length of stay at hospitals

  • Pharmacy and Hospital Robotic systems: Achieve cost-saving through reduced manpower (required for medication dispensing, packaging, and labelling) and lowering medication error through automation

  • Rehabilitation Robots: Achieve cost saving through providing self-sufficiency to the disabled by reducing expenses incurred on external help & physiotherapy


Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market. Insights cited in the report will help these firms to stay competitive in the market and garner a greater market share. It will enlighten the stakeholders about the benefits of embracing medical robots. The study analyzes the total economic impact (TEI) of medical robots on organizations and highlights the transformation enabling value of a technology in increasing the effectiveness of overall business processes.

Firms purchasing the report could use the below-mentioned information for strategy development, market penetration, and product development/innovation and for strengthening respective market shares.

The report provides insights on the following pointers:


  • Pricing Variation: This section provides comprehensive information on pricing of medical robots and analyzing the price variation across application areas of each robot type and geographic price variation

  • Reimbursement Landscape Assessment: This section provides insights on the current reimbursement scenario in surgical, non-invasive radiosurgery, and hospital & pharmacy robots. Regional level data have been covered in the section

  • Major Price Determinants: This section dissects the various price determinants that guide the final pricing of a robot

  • Financing Option Assessment: This section provides exhaustive information on varied financing options available to the end users to gain access to the expensive technology

  • Key Influencers & Decision-makers: This section provides detailed information on key influencers &decision-makers that play a crucial role throughout the buying cycle right from deciding the purchase, evaluation of technologies up till the final purchase of the technology

  • Key Selection Criteria for End-Users: The section covers the criteria considered by the end-users while making purchase decisions for a robotic technology.

  • Buying Cycle Assessment: The section covers the standard buying cycle followed in medical robotic purchases and the length of buying cycle for each type of robotic technology.

  • Marketing & Promotional Strategies Adopted by Vendors: The section provides and indicative list of marketing & promotional activities followed by the vendors to increase their product visibility in the market

  • Cost-Benefit Assessment (Based on Research Studies & Expert Opinions): This section provides in-depth assessment of cost-benefit assessment covering cost benefit studies and industry opinion that provides a guideline to the stakeholders in understanding the investment structure and the cost-savings achieved through the use of each type of robot.

Medical Robots Transforming Healthcare: Pricing & Cost-Benefit Assessment (Price Variation (by Product (Surgical Robots, Rehabilitation Robotics, Stereotactic Radiosurgery), by Application, by Geography), Reimbursement, Selection Criteria, Buying Cycle

Table of Contents

1 Introduction

2 Medical Robots: Pricing Landscape
2.1 Introduction
2.2 Indicative Price List
2.2.1 Surgical Robots
2.2.2 Rehabilitation Robots
2.2.3 Non-Invasive Radiosurgery Systems (Robot-Based)
2.2.4 Hospital & Pharmacy Robots
2.3 Price Variation Assessment
2.3.1 By Application
2.3.1.1 Surgical Robots
2.3.1.2 Rehabilitation Robots
2.3.1.3 Non-Invasive Radiosurgery Systems (Robot-Based)
2.3.2 By Geography
2.3.2.1 Surgical Robots
2.3.2.2 Hospital & Pharmacy Robots
2.3.2.3 Non-Invasive Radiosurgery Systems (Robot-Based)

3 Expected Price War: Surgical Robots Market (Intuitive vs Competition)

4 Medical Robots: Reimbursement Landscape, By Region
4.1 Surgical Robots
4.2 Rehabilitation Robots
4.3 Non-Invasive Radiosurgery Systems (Robot-Based)

5 Medical Robots: Major Price Determinants

6 Medical Robots: Financing Options Assessment
6.1 Surgical Robots
6.2 Rehabilitation Robots
6.3 Non-Invasive Radiosurgery Systems (Robot-Based)
6.4 Hospital & Pharmacy Robots

7 Medical Robots: Key Influncers & Decision-Makers
7.1 Surgical Robots
7.2 Rehabilitation Robots
7.3 Non-Invasive Radiosurgery Systems (Robot-Based)
7.4 Hospital & Pharmacy Robots

8 Medical Robots: Key Selection Criteria for End-User
8.1 Surgical Robots
8.2 Rehabilitation Robots
8.3 Non-Invasive Radiosurgery Systems (Robot-Based)
8.4 Hospital & Pharmacy Robots

9 Medical Robots: Buying Cycle Assessment

10 Medical Robots: Marketing & Promotions Strategies Adopted By Vendors
10.1 Surgical Robots
10.2 Rehabilitation Robots
10.3 Non-Invasive Radiosurgery Systems (Robot-Based)
10.4 Hospital & Pharmacy Robots

11 Cost-Benefit Assessment (Based on Research Studies & Expert Opinions)
11.1 Surgical Robots
11.1.1 Cost-Benefit Studies
11.1.1.1 A Da Vinci Robot System Can Make Sensefor A Mature Laparoscopic Prostatectomy Program
11.1.1.2 Robot-Assisted Surgery Compared With Open Surgery and Laparascopic Surgery: Clinical Effectiveness and Economic Analyses
11.1.2 Industry Speaks
11.2 Rehabilitation Robots
11.2.1 Economic Impact of Rehabilitation Robots Vis-À-Vis Disease Burden
11.2.2 Cost-Benefit Studies
11.2.2.1 an Economic Analysis of Robot-Assisted Therapy Fro Long-Term Upper-Limb Imparement After Stroke
11.2.3 Industry Speaks
11.3 Non-Invasive Radiosurgery Systems (Robot-Based)
11.3.1 Cost-Benefit Studies
11.3.1.1 A Comparative Study of Gamma Knife Radiosurgery Versus Open Surgery for Intracranial Pathology
11.3.1.2 Outcomes and Cost-Effectiveness of Gamma Knife Radiosurgery and Whole-Brain Radiotherapy for Multiple Metastatic Brain Tumors
11.3.1.3 Cost-Effectiveness Analysis of A Randomized Study Comparing Radiosurgery With Radiosurgery and Whole Brain Radition Therapy in Patients With 1  to 3 Brain Metastases
11.3.1.4 Cyberknife for Prostrate Cancer: is It Cost-Effective
11.3.1.5 Tomotherapy, Gamma Knife, and Cyberknife Therapies for Patients With Tumors of the Lung, Central Nervous System, Or Intra-Abdomen: A Systematic Review of Clinical Effectiveness and Cost-Effectiveness
11.3.2 Industry Speaks
11.4 Hospital & Pharmacy Robots
11.4.1 Cost-Benefit Studies
11.4.1.1 Impact of Robotic Dispensing Machines in German Pharmacies on Business Performance Indicators
11.4.1.2 Recent Trends in the Usage of Robotics in Pharmacy
11.4.1.3 Cover Story - Rise of Machines
11.4.1.4 Automated Medication Dispensing Systems : A Review of the Clinical Benefits, Harms, and Cost-Effectiveness
11.4.2 Industry Speaks

12 Appendix
12.1 Indicative List of Research Studies Highlighted on Company Websites
12.1.1 Intutive Surgicals
12.1.2 Mazor Robotics
12.1.3 Varian Medical Systems
12.1.4 Elekta AB
12.1.5 Hocoma AG
12.1.6 Rewalk
12.2 Sources: Indicative List of Research Studies Highlighted on Company Websites

List of Tables

Table 1 Surgical Robots: Indicative Price List
Table 2 Rehabilitation Robots: Indicative Price List
Table 3 Non-Invasive Radiosurgery Systems (Robotic-Based): Indicative Price List
Table 4 Hospital & Pharmacy Robots: Indicative Price List
Table 5 Surgical Robots: Price Variation, By Application
Table 6 Various Specifications for Da Vinci Xi, Si, and Si-E
Table 7 Price Variations for Non-Invasive Radiosurgery Systems (Robot-Based), By Brand
Table 8 Price Variations for Surgical Robots, By Geography
Table 9 Price Variations for Rehabilitation Robots, By Geography
Table 10 Price Variations for Hospital & Pharmacy Robots, By Geography
Table 11 Cyberknife Installation, By Region
Table 12 Gamma Knife Installation, By Region
Table 13 Approximate Cyberknife & Gamma Knife Procedure Cost, By Region
Table 14 Surgical Robots: Price War Competition Analysis
Table 15 Reimbursement Details: Changes in Total Global Payment for Single Session Extracranial and Multisession SRS (Stereotactic Radiosurgery)/SBRT (Stereotactic Body Radiation Therapy)
Table 16 Average and Incremental Per-Patient Costs of  Robot Assisted Radical Prostatectomy (Rarp), Open Radical Prostatectomy (ORP), and Laparoscopic Radical Prostatectomy (Lrp)
Table 17 Undiscounted Per Center Costs of Da Vinci Robot, Maintenance, Consumables, and Training, By Year
Table 18 Share of Road Traffic Inuries Mortality in Leading Cause of Deaths World-Wide 2004
Table 19 Share of Road Traffic Inuries Mortality in Leading Cause of Deaths World-Wide 2030
Table 20 Hourly Rehabilitation Robot Cost
Table 21 Hourly Physiotherapist Cost
Table 22 Hourly Robot-Aided Therapy Cost (Including Physiotherapist Cost)
Table 23 Comparison of Robot-Assisted Reahbilitation Therapy  and Conventional Therapy
Table 24 A Comparison of Average 12 Month Costs of Treating Patients With Open and Gamma Knife Radiosurgery (GKRS)
Table 25 A Comparison of Gamma Knife Radiosurgery (GKRS) and Whole Brain Radiotherapy (WBRT)
Table 26 A Comparison of ‘Stereotactic Radiosurgery (SRS)+ Observation’ and ‘SRS + Whole Brain Radiation Therapy (WBRT)’
Table 27 A Comparison of Total Lifetime Costs of Surgery, Cyberknife (CK), Intensity Modulated Radiation Therapy (IMRT), and Proton Therapy (PT)
Table 28 A Comparison of Base Case Average Capital Equipment Costs Per Patient for Gamma Knife (GK), Cyberknife (CK), and Other Linac Systems
Table 29 Sample Calculation of the Total Costs of A Robotic Dispensing Machine
Table 30 Comparison of Rowa Vmax, Go.Compact, Robopharma, and Consis
Table 31 Relative Risk Reduction (RRR) Or Relative Risk Increase (RRI) Comparison of Automated Dispensing Devices (ADD) in Different Set-Ups
Table 32 Five-Year Drug Distribution Costs of Automated Dispensing Devices (ADD)
Table 33 Accuracy Rates Before and After Implementation of A Carousel Dispensing Technology (CDT)

List of Figures

Figure 1 Medical Robots: A Historical Timeline
Figure 2 Medical Robots, By Product Segmentation
Figure 3 Factors Responsible for Price Variation in Medical Robots
Figure 4 Surgical Robots: Price Variation, By Application
Figure 5 Price Variations for Laparoscopy Robots, By Brand
Figure 6 Price Variations for Da Vinci Robots, By Type
Figure 7 Price Variations for Steerable Robotic Catheter Systems, By Brand
Figure 8 Price Variations for Neurology Robots, By Brand
Figure 9 Price Variations for Orthopedic Robots, By Brand
Figure 10 Price Variations for Rehabilitation Robots, By Type & Brand
Figure 11 Medical Robots: Major Price Determinants
Figure 12 Medical Robots: Financing Options Assessment, By Type
Figure 13 Medical Robots: Key Stakeholders in Purchase Decision, By Type
Figure 14 Medical Robots: Key Influncers & Decision-Makers
Figure 15 Medical Robots: Key Selection Criteria for End-User, By Type
Figure 16 Medical Robots: Buying Cycle Assessment, By Type
Figure 17 Medical Robots: Marketing & Promotions Strategies, By Type
Figure 18 Surgical Robots: Industry Speaks
Figure 19 Rehabilitation Robots: Industry Speaks
Figure 20 Non-Invasive Radiosurgical Systems (Robot-Based): Industry Speaks
Figure 21 Hospital & Pharmacy Robots: Industry Speaks

  • Global Surgical Robotics System Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 88
    The global Surgical Robotics System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. According to our research, The global market for medical devices is estimated at US$ 603 billion in The year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of The global GDP and is continuously rising in recent years due to T......
  • Global Medical Endoscopic Cold Light Source Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 93
    Endoscope cold light source is The light source for looking inside and typically refers to looking inside The body for medical reasons using an endoscope, an instrument used to examine The interior of a hollow organ or cavity of The body. Unlike most other medical imaging techniques, endoscopes are inserted directly into The organ. The global Medical Endoscopic Cold Light Source market was valued at US$ 1027.9 million in 2023 and is anticipated to reach US$ 1793 million by 2030, wit......
  • Global Cranial Perforator Market Research Report 2024
    Published: 10-Jan-2024        Price: US 2900 Onwards        Pages: 84
    A cranial perforator is a surgical instrument used in neurosurgery to create small holes or openings in The skull bone, typically for accessing The brain during surgical procedures. The global Cranial Perforator market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. North American market for Cranial Perforator is estimated to increase from $ million in 2023 to reach $ million by 20......
  • Global Sterilization Trays Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 88
    Sterilization trays are a shallow sterilization platform designed for The carrying of items. They are often used in hospital, clinic, laboratory and other areas. Sterilization trays are rectangular, and they are designed to resist The heat of sterilization without corrosion. The global Sterilization Trays market was valued at US$ 205.9 million in 2023 and is anticipated to reach US$ 271.8 million by 2030, witnessing a CAGR of 4.0% during The forecast period 2024-2030. T......
  • Global Surgical Gloves Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 89
    Surgical Gloves are personal protection equipment (PPE) designed to protect clinicians in operating room (OR) environments. The primary purpose of surgical gloves is to act as a protective barrier for surgeons and nurses to prevent possible transmission of diseases or pathogens during procedures while working with surgical instruments. Similar to medical examination glove, surgical glove standards are governed by The Food and Drug Administration (FDA) within The United States. However, The......
  • Global Surgical Lighting Systems Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 89
    Surgical Lighting Systems is a lighting tool used during surgery. The scope of this report is limited to Ceiling mounts surgical lamp, not including surgical headlight lamp and dental light lamp. The global Surgical Lighting Systems market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030. On The USA market?The key players are Stryker, STERIS, Maquet, Burton M......
  • Global Suture Anchors Market Research Report 2024
    Published: 04-Jan-2024        Price: US 2900 Onwards        Pages: 95
    The Suture Anchors market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Suture Anchors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the ......
  • Global Biopsy Forceps Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 150
    According to our LPI (LP Information) latest study, the global Biopsy Forceps market size was valued at US$ 609.9 million in 2023. With growing demand in downstream market, the Biopsy Forceps is forecast to a readjusted size of US$ 909.3 million by 2030 with a CAGR of 5.9% during review period. The research report highlights the growth potential of the global Biopsy Forceps market. Biopsy Forceps are expected to show stable growth in the future market. However, product differentiation, r......
  • Global Trocars Market Growth 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 134
    According to our LPI (LP Information) latest study, the global Trocars market size was valued at US$ million in 2023. With growing demand in downstream market, the Trocars is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth potential of the global Trocars market. Trocars are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization......
    • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs