Spine surgery robots market globally would reach $389.7 million; experiencing a growth rate of 18.1% from 2021 to 2028. Increasing consumer awareness towards benefits associated with the use of spine surgery robots among physicians and patients has boosted the growth of the spine surgery robots market. Emerging economies would also pave the new market for spine surgery robots being untapped as of now. Further, an increase in adoption of robotic technology, investment opportunities for advanced and new technology, rise in buying power of hospitals and benefits of minimally invasive surgery would further enhance the growth of the global spine surgery robots market during the forecast period. However, high cost of medical robots would be the major inhibiting factor for this market coupled with lack of experts in this field associated with this technology.
This scope of this study would cover import export analysis, production analysis, new developments, trade regulations, value chain analysis, supply chain analysis, market share analysis, opportunities in this market, key players market share analysis, strategy analysis, business opportunities, market size, share, growth, revenue, and volume throughout the forecast period.
The global spine surgery robots market is segmented into by type, application and geography. By type, the market is further segmented into Minimal Invasive Surgery and Open Surgery. By application, the segmented covered are Disc Replacement and, Spine Fusion. By geography, the market is covered under various four major geographical regions such as North America, Asia- Pacific, South America, Africa, Central America, the Middle East and Europe. Due to rising incidences cord injuries, North America is the leading region in the spine surgery robots market; whereas, Asia-Pacific would experience robust as well as fastest growth rate during the forecast period. Europe is also expected to witness substantial growth rate during the estimated period.
The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico while Europe covers Germany, France, Italy, U.K., and Rest of Europe. Japan, China, India, South Korea, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, the Middle East, and Africa.
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. The market has been analyzed both from demand as well as supply side to come to an accurate scenario. Products across application and application across geographies have been mapped to provide you a precise competitive scenario to have a leading edge in the market. The report provides both revenue and volume sizing along with the analysis of the market trends.
Key companies operating in this market and their company profile along with the market share analysis and competitive scenario is also part of the report. The top players operating in the global spine surgery robots market are Medtech SA, Johnson & Johnson Services, Inc., Globus Medical, Medtronic, NuVasive, Inc., Alliance Spine, Smith & Nephew, Intuitive Surgical Inc., Mazor Robotics Ltd, Zimmer Biomet, TINAVI Medical., Stryker, Intuitive Surgical., NuVasive, Inc., Smith & Nephew, and Brainlab AG, among others.
Scope of Global Spine Surgery Robots Market, 2019 - 2028
Market Segmentation by Type, 2019 – 2028
Market Segmentation by Application, 2019 - 2028
Market Segmentation by Geography/ Country, 2019 - 2028