The Surgical Robots For The Spine Market is expected to register a CAGR of 13.8% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Surgical Type (Open Surgery and Minimal Invasive Surgery), Surgical Approach (Anterior Approach, Posterior Approach, and Lateral Approach) Condition (Degenerative Disc Disease, Disc Herniation, Fractures, Instability, Deformity, Tumors, Infections); Applications (Laminectomy, Spinal Fusion, Artificial Disc Replacement, Anterior Cervical Discectomy, Forminatomy, Interlaminar Implant, Epidural lysis of adhesions, Percutaneous Vetrebroplasty, Chronic Back Pain, Laminotomy, OLLIF, Spinal Stenosis); End Users (Hospitals and Clinics, Spine Surgery Centers, Neurosurgery Centers)
Purpose of the Report
The report Surgical Robots For The Spine Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Surgical Robots For The Spine Market Segmentation
Surgical Type
- Open Surgery
- Minimal Invasive Surgery
Surgical Approach
- Anterior Approach
- Posterior Approach
- Lateral Approach
Condition
- Degenerative Disc Disease
- Disc Herniation
- Fractures
- Instability
- Deformity
- Tumors
- Infections
End Users
- Hospitals and Clinics
- Spine Surgery Centers
- Neurosurgery Centers
End Users
- Hospitals and Clinics
- Spine Surgery Centers
- Neurosurgery Centers
Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Surgical Robots For The Spine Market: Strategic Insights
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Surgical Robots For The Spine Market Growth Drivers
- Increasing adoption of robotic-assisted spine surgery: The increasing acceptance of robotic spine surgery is due to the fact that complications such as infection, bleeding, and nerve injury are minimized with this approach compared to conventional open surgery. Robotic systems enable sharp line dissection with minimal risk of involvement of nearby structures. Using less than traditional open surgery, robotic spine surgery is less traumatic; hence, there is a low likelihood of complications such as chronic pain and adhesions. Thus, robotic-assisted spine surgery has quickly gained popularity amongst surgeons and hospitals.
- Growing demand for minimally invasive procedures: The growing demand for minimally invasive surgeries is based on the fact that patients today prefer surgeries that allow for quick recovery, cause less pain, and have fewer complications and risks. Additionally, minimally invasive surgical techniques are often more cost-effective than many open surgical methods, making them preferable for both healthcare financing institutions and patients. Furthermore, these procedures are linked to improved patient comfort, reduced complications, and shorter hospital stays. Therefore, minimally invasive procedures are in demand because patients prefer such procedures, costs are lower, better results are achieved, and there are many outpatient procedures.
- Advancements in technology: Presently, robotic systems are creating a powerful global technology evolution. These systems are more reliable and complex now enabling the surgeon to perform even the most challenging stage in surgery. In addition, these robots have embedded artificial intelligence, machine learning intelligence and other sophisticated technologies which improve the quality of surgery. As a result, the enhancement in technology remains the most important driver for the growth of the Spinal Surgical robot market.
Surgical Robots For The Spine Market Future Trends
- Growing adoption of robotic-assisted spine surgery in developing countries: Many developing countries are encountering significant difficulties in offering quality spine care due to limited resources, a lack of specialized training, and inadequate infrastructure. Robotic-assisted spine surgery presents a solution to these challenges by providing a more precise and minimally invasive approach to spine surgery. Government initiatives, private sector investments, and partnerships between local healthcare providers and international companies are driving the adoption of robotic-assisted spine surgery in developing countries. Countries where robotic-assisted spine surgery is gaining traction include China, India, Brazil, and South Africa.
- Integration of artificial intelligence (AI) and machine learning (ML) in surgical robots: AI and ML are being increasingly integrated into surgical robots to enhance their accuracy, precision, and decision-making capabilities. The integration of AI and ML in surgical robots is expected to improve patient outcomes, reduce complications, and enhance the overall efficiency of surgical procedures. Companies such as Medtronic, Stryker, and Zimmer Biomet are investing heavily in AI and ML research and development to improve their surgical robots.
- Development of new robotic systems for spine surgery: The development of new robotic systems for spine surgery is driven by the need for more precise and minimally invasive procedures, as well as the desire to address specific clinical challenges in spine surgery.
Examples of new robotic systems for spine surgery include:
• The SpineGuard robot is designed for vertebroplasty and kyphoplasty procedures.
• The Mazor X robot is intended for complex spinal procedures such as spinal fusion and tumor resections.
• The Renaissance Guidance System robot is designed for minimally invasive spinal procedures such as discectomies and laminectomies.
Companies such as Medtronic, Stryker, and Zimmer Biomet, as well as start-ups such as SpineGuard and Mazor Robotics, are developing these new robotic systems.
Surgical Robots For The Spine Market Opportunities
- Expansion into new markets: The demand for surgical robots in spine surgery is predicted to increase further with time, especially in developing regions where rapid advancement is being witnessed in the field of surgical technology. This region is especially the Asia-Pacific region: China, Japan, and South Korea are among these countries that are rapidly adopting robotic spine surgery. More potential markets in the expansionary list are Latin America, where the region's demand for less invasive surgical procedures is on the increase because of improved hospitals and better healthcare. Additionally, investment by the government in advanced medical technologies and health care will promote growth in this market in the Middle East and Africa.
- Development of new applications: New applications of surgical robots will allow for growth and innovation in spine surgery. Robotic resection of spinal tumors using the robot will provide greater accuracy and precision compared to open techniques. Robotic spine surgery could also possibly facilitate treatment for patients with scoliosis, offering better outcomes and fewer complications compared to open conventional surgical treatment.
- Increased adoption in orthopedic clinics: The growing acceptance of robotic-assisted spine surgery by the orthopedic clinic offers growth and innovation opportunities in new solutions. This form of surgery is chosen by increasing numbers of orthopedic clinics, owing to a number of advantages over open surgical techniques and, among other things, higher accuracy and fewer chances for complications besides faster patient recovery. Moreover, the robotic spine surgery system features faster recovery times when in comparison with traditional open surgery, where patients can shortly return to their normal activities
Surgical Robots For The Spine Market Regional Insights
The regional trends and factors influencing the Surgical Robots For The Spine Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Surgical Robots For The Spine Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Surgical Robots For The Spine Market
Surgical Robots For The Spine Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | 13.8% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered | By Surgical Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
Surgical Robots For The Spine Market Players Density: Understanding Its Impact on Business Dynamics
The Surgical Robots For The Spine Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Surgical Robots For The Spine Market are:
- DePuy Synthes
- Medtech SA
- Smith & Nephew
- Intuitive Surgical
- Stryker
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Surgical Robots For The Spine Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Surgical Robots For The Spine Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Surgical Robots For The Spine Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- 历史分析（2 年）、基准年、预测（7 年）及复合年增长率
- PEST 和 SWOT 分析
- 市场规模价值/数量 - 全球、区域、国家
- 行业和竞争格局
- Excel 数据集
- Volumetric Video Market
- Nitrogenous Fertilizer Market
- Energy Recovery Ventilator Market
- Electronic Data Interchange Market
- Bathroom Vanities Market
- Fixed-Base Operator Market
- Advanced Planning and Scheduling Software Market
- Fertilizer Additives Market
- Quantitative Structure-Activity Relationship (QSAR) Market
- Microplate Reader Market
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
常见问题
The surgical robots for the spine market is estimated to grow with a CAGR of 13.8% from 2023 to 2031.
Asia Pacific region is likely to witness fastest growth rate during the forecast period.
The market drivers include increasing adoption of robotic-assisted spine surgery and growing demand for minimally invasive procedures are driving the surgical robots for the spine market
The surgical robots for the spine market majorly consists of the players such as Johnson & Johnson (DePuy Synthes) and Zimmer Biomet (Medtech SA)among others.
Development of new robotic systems for spine surgery are likely to remain the key trend during the forecast period
North America dominated the surgical robots for the spine market in 2023
Trends and growth analysis reports related to Life Sciences : READ MORE..
The List of Companies
1. DePuy Synthes
2. Medtech SA
3. Smith & Nephew
4. Intuitive Surgical
5. Stryker
6. NuVasive, Inc.
7. Hansen Technologies
8. Accuray Incorporated
9. Renishaw plc.
10. Mazor Robotics
11. Medtronic
12. Zimmer Biomet
13. Medtech SA
14. Globus Medical
15. TINAVI Medical
16. Johnson & Johnson Services, Inc
17. Brainlab AG
18. Spinefrontier Inc.
19. Freehand 2010 Ltd
20. KUKA AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published and advised several client across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organization are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
获取此报告的免费样本