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
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.
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.
In 2020, Medtronic acquired Mazor Robotics, a leading provider of robotic guidance systems for spinal surgery.
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.
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. Report Description of the France Robotic Surgery Services Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. France Robotic Surgery Services Market Executive Summary
2.1 France Robotic Surgery Services Market – Industry Snapshot & key buying criteria, 2022-30
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of France Robotic Surgery Services Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. France Robotic Surgery Services Market Segmentation
4.1 By Product and Services
4.1.1 Instruments and Accessories
4.1.2 Robotic Systems
4.2 By Application
4.2.1 General Surgery
4.2.2 Gynecological Surgery
4.2.3 Urological Surgery
4.2.5 Orthopedic Surgery
4.2.6 Other Applications
4.3 By End User
4.3.2 Ambulatory Surgery Centers
5. France Robotic Surgery Services Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in France
8.2 Regulatory Framework in France
8.3 Pricing & Reimbursement Scenario in France Robotic Surgery Services Market
9. Factors Driving Future Growth
9.1 New Trends and Development France Robotic Surgery Services Market
9.2 Future Opportunities
10. Strategic Recommendations
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.
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.
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%.
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