Medical Robots Transforming Healthcare by Pricing & Cost-Benefit JULY 2018
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
Medical robots are increasingly being adopted by hospitals and patients across the globe,
particularly in the U.S. Demographic change, shortage of healthcare professionals, need to
improve quality of life for the disabled and elderly, and need to improve surgical procedures
coupled with the focus to develop technologically advanced robots are some of the factors
expected to stimulate growth the adoption of medical robots.
This report provides qualitative assessment of medical robots (surgical/rehabilitation/non-
invasive radiosurgery/hospital & pharmacy) in terms of prices of different types of robots, price
variation by application & geography, reimbursements of medical robots, buying cycle,
financing options available to the end-users to access the technology, price wars among market
players, marketing & promotional strategies focused by the vendors, and cost-benefit
assessment based on research studies and expert opinions.
The application and technology form the two important components that guide the final pricing
of a medical robot. For instance, the surgical robots for laparoscopic applications are most
expensive as compared to surgical robots for other applications. In addition, technological
variation further creates price variation, an example for which is the named Zeno R25
(rehabilitation robot by RoboKind) which is expected to be launched in retail space at a price
tag of USD 2,700. To cut the cost in R25, the manufacturers reduced the number of motors
below the waist from 12 to three while still allowing the robot to walk and turn.
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Medical Robots: Reimbursement Landscape, By Region
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Surgical Robots
Rehabilitation Robots
Non-Invasive Radiosurgery Systems (Robot-Based)
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