France Robotic Surgery Services Market Report 2022 to 2030

France Robotic Surgery Services Market Analysis

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France's robotic surgery service market size was valued at $118 Mn in 2022 and is estimated to expand at a CAGR of 18.3% from 2022-30 and will reach $453 Mn in 2030. The robotic surgery service market will grow due to the development of new and improved robotic surgical systems is making these procedures more accessible and affordable, and helping to increase awareness about their benefits among healthcare providers and patients. The market is segmented by product and service type, application type, and end user. Some of the major players are Medtronic, Johnson & Johnson, Stryker, Intuitive Surgical, Smith & Nephewand others

ID: IN10FRHS017 CATEGORY: Healthcare Services GEOGRAPHY: France AUTHOR: Chandani Patel

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France Robotic Surgery Service Market Executive Summary

The France robotic surgery service market size was valued at $118 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 18.3% % from 2022 to 2030 and will reach $453 Mn in 2030. Health spending in France represents a significant portion of the country's overall budget. According to data from the Organisation for Economic Co-operation and Development (OECD), total health spending in France was estimated to be around 11.3% of the country's Gross Domestic Product (GDP) in 2019, which was slightly above the average for the European Union (EU).

The majority of health spending in France is funded by the national health insurance system, which provides coverage for a wide range of medical services, including hospital care, prescription drugs, and preventive care. Out-of-pocket spending, such as co-payments and deductibles, accounts for a smaller portion of total health spending.

In recent years, the French government has taken steps to control the growth of health spending, such as implementing cost-saving measures and reducing reimbursement rates for certain medical procedures and drugs. Despite these efforts, health spending in France continues to grow, driven by factors such as an aging population, the increasing prevalence of chronic diseases, and the rising costs of medical technology and treatments.

In France, robotic surgery refers to the use of surgical robots to assist in performing minimally invasive surgical procedures. Robotic surgery is becoming increasingly popular in France due to its potential benefits, such as improved surgical outcomes, shorter recovery times, and reduced surgical complications.

Robotic surgery services in France are provided by hospitals and medical centers that have invested in surgical robots and trained personnel. The cost of these services is typically covered by the national health insurance system, although coverage and reimbursement amounts can vary depending on the procedure and the patient's health insurance. Hence, the France robotic surgery service market will grow during the forecast period.

france robotic surgery service market analysis

Market Dynamics

Market Growth Drivers

The development of new and improved surgical robots and accessories has made robotic surgery more accessible and has increased its popularity among patients and healthcare providers. Moreover, as awareness of the benefits of robotic surgery, such as reduced recovery time and improved surgical outcomes, increases, so does demand from patients for these procedures.

The French government has been supportive of the development and use of robotic surgery and has taken steps to promote its growth, such as funding research and development and providing tax incentives for healthcare providers who invest in robotic surgical equipment. Furthermore, the growing aging population: As the population ages, there is an increased demand for minimally invasive surgical procedures, which are often performed using robots.

Market Restraints

High cost: The high cost of surgical robots and accessories can be a barrier to adoption, especially for smaller healthcare facilities and those serving lower-income populations
Lack of trained personnel: The availability of trained personnel, including surgeons, nurses, and technicians, is a limiting factor for the growth of the robotic surgery market in France
Reimbursement limitations: Reimbursement policies for robotic surgery procedures may be limited, which can impact their availability and affordability for patients
Ethical and legal concerns: There are also ongoing ethical and legal debates surrounding the use of robotic surgery, which can impact its growth and acceptance

Competitive Landscape

Key Players

Medtronic
Johnson & Johnson
Stryker
Intuitive Surgical
Smith & Nephew
Stryker Corporation
THINK Surgical, Inc.
Zimmer Biomet

Notable Deals

In 2020, Medtronic acquired Mazor Robotics, a leading provider of robotic guidance systems for spinal surgery.

Healthcare Policies and Regulatory Landscape

In France, regulations for robotic surgery services are primarily governed by the French Public Health Code (Code de la santé publique), which sets the standards for the design, manufacture, and use of medical devices, including surgical robots.

The French National Agency for the Safety of Medicines and Health Products (ANSM) is the regulatory body responsible for overseeing the approval and certification of medical devices, including surgical robots, in France.

Policy Changes and Reimbursement Scenario

Surgical robots must undergo a thorough evaluation process, including clinical trials, to demonstrate their safety and efficacy before they can be approved for use in the country. In addition, medical facilities using surgical robots must have trained personnel, adequate insurance coverage, and an established system for monitoring and reporting adverse events.

Reimbursement for robotic surgery services in France is primarily governed by the national health insurance system, which covers a large portion of the population. Reimbursement for surgical procedures, including those performed using robots, is based on a fee-for-service system, with reimbursement amounts determined by a schedule of fees set by the national health insurance system.

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Robotic Surgery Services Market Segmentation

By Product and Services (Revenue, USD Billion):

The surgical robotics market volume data has been covered for all the major surgical robotics systems. In terms of value, the surgical systems market is anticipated to expand at a CAGR of 11.22% from 2018 to 2025.

Instruments and Accessories
Robotic Systems
Services

By Application (Revenue, USD Billion):

Gynecology accounted for the largest market share in 2017 and is anticipated to expand at a CAGR of 7.0% from 2018 to 2025. This is explained by the rising prevalence of gynecological complications in women worldwide and the ongoing development of robotic technologies.

General Surgery
Gynecological Surgery
Urological Surgery
Neurosurgery
Orthopedic Surgery
Other Applications

By End User (Revenue, USD Billion):

The hospitals segment had the largest market value in 2017 and experienced a CAGR of 13.20% from 2018 to 2025. However, during the projected period of 2018–2025, the ambulatory surgical center's income is predicted to rise at the highest CAGR of 18.20%.

Hospitals
Ambulatory Surgery Centers

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.