Innovation in smart hospitals: Leading companies in robotic surgical simulation system for the medical devices industry

The medical devices industry continues to be a hotbed of innovation, with activity driven by increased need for homecare, preventative treatments, early diagnosis, reducing patient recovery times and improving outcomes, as well as a growing importance in technologies such as machine learning, augmented reality, 5G and digitalisation. In the last three years alone, there have been over 450,000 patents filed and granted in the medical devices industry, according to GlobalData’s report on Smart Hospitals in Medical Devices: Robotic surgical simulation system.

According to GlobalData’s Technology Foresights, which uses over 550,000 patents to analyse innovation intensity for the medical devices industry, there are 150+ innovation areas that will shape the future of the industry. 

Robotic surgical simulation system is a key innovation area in smart hospitals

A surgical simulator is a device or model, developed for the training purpose of medical professionals. Robotic surgical simulation system involves techniques to include real-life experiences that allow surgeons to improve their proficiency.

GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 20+ companies, spanning technology vendors, established medical devices companies, and up-and-coming start-ups engaged in the development and application of robotic surgical simulation system.

Key players in robotic surgical simulation system – a disruptive innovation in the medical devices industry

‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.

‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.

Patent volumes related to robotic surgical simulation system

Stryker is one of the leading patent filers in robotic surgical simulation systems market. Some other key patent filers in the field include Johnson & Johnson, Medtronic, Smith and Nephew, and Synaptive Medical.

In terms of application diversity, Alphabet leads the pack, followed by Common Spirit Health and Surgical Theater. By means of geographic reach, Stryker held the top position, Sim&Cure, and Smith & Nephew in the second and third spots, respectively.

Robotic surgical simulation systems provide a realistic simulation of the process and allow surgeons to refine their experience prior to treating or operating on patients in real-time. This experience will help address the growing preference for robotic surgical procedures and the high cost of operating rooms and thereby increase focus on patient safety.

To further understand the key themes and technologies disrupting the medical devices industry, access GlobalData’s latest thematic research report on Medical Devices.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.

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