Global Haptic Feedback Surgical Environment Market – Analysis and Forecast (2021-2027)

Industry Insight by Application (Surgical Robotics Systems and Medical Simulators), and Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)

Industry Overview

The global haptic feedback surgical environment market is anticipated to reach USD 97.4 Million by 2027 from USD 22.4 Million in 2020, registering a CAGR of 14.3% during the forecast period 2021-2027. Haptics is touch feedback and includes kinesthetics (force) and cutaneous (tactile) feedback.  The rising demand for technologically developed surgical robotic systems and simulators for medical training will propel the growth of the haptic feedback surgical environment market. The potential of haptic interfaces is used in various applications in the healthcare sector like cardiology, prostate cancer diagnosis, injection, lumbar puncture procedures, surgery, angioplasty interventions, dentistry procedures, etc.

The COVID-19 pandemic has resulted in a stay at home, social distancing, avoiding physical contact, remote working, and travel restrictions globally. The Healthcare sector has adopted teleoperated haptic systems for remote training, resulting in the growth of the global haptic feedback surgical environment market.

Market Segmentation

Insight by Application

Based on the application, the global haptic feedback surgical environment is bifurcated into surgical robotics systems and medical simulators. Surgical robotics systems are growing significantly during the forecast period in the haptic feedback surgical environment as surgical robotics systems reduce patient trauma, less recovery time, decrease energy consumption during operation and reduce the overall cost. Moreover, minimally invasive robotic surgery has gained traction owing to the integration of haptics with surgical procedures and involves training surgeons via virtual simulators before performing actual surgeries on patients. Haptic-enabled medical simulators are playing a significant role in training medical students to simulate medical cases efficiently.

Global Haptic Feedback Surgical Environment Market Report Coverage

Industry Dynamics

Industry Trends

The growing trends of haptic-enabled VR/AR systems having high fidelity and realism will provide a proficient environment and enhance the skills of medical doctors will fuel the growth of the global haptic feedback surgical environment market.

Growth Drivers

The drivers for the growth of the global haptic feedback surgical environment market includes the development of raw material for haptic technology and rising adoption of technology in the surgical environment. Robot-assisted minimally invasive surgery (MIS) provides advantages like reduction of tissue trauma, intraoperative blood loss, postoperative infection risk, patient pain, aesthetic aspects, and recovery time. Thus, there is the integration of Haptic Technology in Simulation Systems and the increasing significance of Surgical Robotic Systems will fuel the global haptic feedback surgical environment market.

Challenges

Challenges faced by the global haptic feedback surgical environment market are low dexterity, technical challenges in relation to implementing haptic technology in medical devices, restricted workspace of a haptic device, limitations faced by haptic technology in VR-based Simulation systems.

Opportunities

The acceptance of vibrotactile feedback mechanisms in medical simulators, and massive investment in research and development activities for wearable haptic feedback devices will create opportunities for growth in the global haptic feedback surgical environment market.

Geographic Overview

North America is the leading contributor in the global haptic feedback surgical environment market due to the technological development in the medical sector and using the minimally invasive approach for surgeries that provides surgeons an extra channel of sensation to operate more accurately, resulting in the growth of the global haptic feedback surgical environment market.

Competitive Insight

The global haptic feedback surgical environment market comprises large-scale and small-scale manufacturers and vendors. Currently, the industry players in the market have abundant opportunities to develop their offerings and to establish a strong position in the market. Thus, companies are sustaining their position in a competitive market and are providing a competitive edge.

Force Dimension uses haptic interfaces and integrates several medical devices such as the Sensei™ Robotic Catheter System from Hansen Medical that uses computed catheter technology and offers stable and predictable control of catheter movement. This advanced technology was designed to direct catheter control in three dimensions i.e., to augment the physician's ability to access hard to influence anatomy, reiterate procedure steps, and sustain stability through interventional procedures.

Some of the key players operating in the global haptic feedback surgical environment market: 3D Systems Corporation, Force Dimension, Forsslund Systems AB, HAPTION, Orb Surgical Ltd., and Moog Inc.

The Haptic Feedback Surgical Environment Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2021–2027.

Segments Covered in the Report

• By Application
  • Surgical Robotics Systems
  • Medical Simulators

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Application
                1.2.2.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2027

5.    Market Segmentation Estimate and Forecast

        5.1.    By Application
                5.1.1.    Surgical Robotics Systems
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2027  
                5.1.2.    Medical Simulators
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2027
                
6.    North America Market Estimate and Forecast

        6.1.    By Application
        6.2.    By Country
                6.2.1.    U.S. Market Estimate and Forecast
                6.2.2.    Canada Market Estimate and Forecast
                6.2.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Application
        7.2.    By Country
                7.2.1.    Germany Market Estimate and Forecast
                7.2.2.    France Market Estimate and Forecast
                7.2.3.    U.K. Market Estimate and Forecast
                7.2.4.    Italy Market Estimate and Forecast
                7.2.5.    Spain Market Estimate and Forecast
                7.2.6.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Application
        8.2.    By Country
                8.2.1.    China Market Estimate and Forecast
                8.2.2.    Japan Market Estimate and Forecast
                8.2.3.    India Market Estimate and Forecast
                8.2.4.    South Korea Market Estimate and Forecast
                8.2.5.    Singapore Market Estimate and Forecast
                8.2.6.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Application
        9.2.    By Country
                9.2.1.    Brazil Market Estimate and Forecast
                9.2.2.    Saudi Arabia Market Estimate and Forecast
                9.2.3.    South Africa Market Estimate and Forecast
                9.2.4.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    3D Systems Corporation
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Force Dimension
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Forsslund Systems AB
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    HAPTION
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Orb Surgical Ltd.
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.   Moog Inc.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments

       11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Table 5 Global Haptic Feedback Surgical Environment Market Size, By Application, 2021–2027 (USD Million)
Table 6 Global Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Table 7 Global Haptic Feedback Surgical Environment Market Size, by Region, 2021–2027 (USD Million)
Table 8 North America Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Table 9 North America Haptic Feedback Surgical Environment Market Size, By Application, 2021–2027 (USD Million)
Table 10 North America Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Table 11 North America Haptic Feedback Surgical Environment Market Size, by Region, 2021–2027 (USD Million)
Table 12 Europe Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Table 13 Europe Haptic Feedback Surgical Environment Market Size, By Application, 2021–2027 (USD Million)
Table 14 Europe Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Table 15 Europe Haptic Feedback Surgical Environment Market Size, by Region, 2021–2027 (USD Million)
Table 16 Asia-Pacific Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Table 17 Asia-Pacific Haptic Feedback Surgical Environment Market Size, By Application, 2021–2027 (USD Million)
Table 18 Asia-Pacific Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Table 19 Asia-Pacific Haptic Feedback Surgical Environment Market Size, by Region, 2021–2027 (USD Million)
Table 20 RoW Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Table 21 RoW Haptic Feedback Surgical Environment Market Size, By Application, 2021–2027 (USD Million)
Table 22 RoW Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Table 23 RoW Haptic Feedback Surgical Environment Market Size, by Region, 2021–2027 (USD Million)
Table 24 Snapshot – 3D Systems Corporation
Table 25 Snapshot – Force Dimension
Table 26 Snapshot – Forsslund Systems AB
Table 27 Snapshot – HAPTION
Table 28 Snapshot – Orb Surgical Ltd.
Table 29 Snapshot – Moog Inc.

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Haptic Feedback Surgical Environment Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Haptic Feedback Surgical Environment Market Highlight
Figure 12 Global Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Figure 13 Global Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Figure 14 North America Haptic Feedback Surgical Environment Market Highlight
Figure 15 North America Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Figure 16 North America Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Figure 17 Europe Haptic Feedback Surgical Environment Market Highlight
Figure 18 Europe Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Figure 19 Europe Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Figure 20 Asia-Pacific Haptic Feedback Surgical Environment Market Highlight
Figure 21 Asia-Pacific Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)
Figure 22 RoW Haptic Feedback Surgical Environment Market Highlight
Figure 23 RoW Haptic Feedback Surgical Environment Market Size, By Application, 2015-2020 (USD Million)
Figure 24 RoW Haptic Feedback Surgical Environment Market Size, by Region, 2015-2020 (USD Million)