Neurosurgical Robotics Market Size, Share, Opportunities, COVID-19 Impact, And Trends By End-User (Hospitals, Ambulatory Surgical Centers), And By Geography – Forecast From 2019 To 2024
- Published : Jun 2021
- Report Code : KSI061612999
- Pages : 72
The neurosurgical robotics market is projected to grow at a CAGR of 14.22% during the forecast period, reaching a total market size of US$136.764 million in 2024 from US$61.596 million in 2018. Robotic neurosurgery offers high precision access to the complex and sensitive regions and thereby assisting in microsurgery and minimally invasive surgery. An increasing number of neurosurgeries performed globally and rising geriatric population are boosting the growth of neurosurgical robotics market. Increasing adoption of automation across the global healthcare sector and growing concentration towards negligibly invasive medical procedures for faster recovery are further contributing to the growth of the neurosurgical robot market. However, technical challenges including limited haptic feedback and design issues are restraining the adoption of robotics in the field of neurosurgery, thus negatively impacting the growth of the neurosurgical robotics market. Geographically, North America and Europe hold significant market share owing to the advances in engineering and imaging techniques in the region.
The “Neurosurgical Robotics Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by end-user and geography.
The neurosurgical robotics market has been segmented based on end-user and geography. By the end-user, the market is classified as hospitals and ambulatory surgical centers.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report provides thorough analysis and forecast along with prevailing market trends and opportunities which each of these regions present for the manufacturers.
Major players in the neurosurgical robotics market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the neurosurgical robotics market.
Neurosurgical Robotics Market Scope:
Report Metric | Details |
Market size value in 2018 | US$61.596 million |
Market size value in 2024 | US$136.764 million |
Growth Rate | CAGR of 14.22% from 2018 to 2024 |
Base year | 2018 |
Forecast period | 2019–2024 |
Forecast Unit (Value) | USD Million |
Segments covered | End-User, And Geography |
Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered | Medtech SA, Renishaw plc, Brainlab AG, Mazor Robotics, Zimmer Biomet, Synaptive Medical |
Customization scope | Free report customization with purchase |
Segmentation:
- By End-User
- Hospitals
- Ambulatory Surgical Centers
- By Geography
- North America
- South America
- Europe
- Middle East and Africa
- Asia Pacific
Frequently Asked Questions (FAQs)
Q1. What will be the neurosurgical robotics market size by 2024?
A1. The global neurosurgical robotics market is projected to reach a total market size of US$136.764 million by 2024.
Q2. What is the size of the global neurosurgical robotics market?
A2. Neurosurgical Robotics Market was valued at US$61.596 million in 2018.
Q3. What are the growth prospects for the neurosurgical robotics market?
A3. The neurosurgical robotics market is projected to grow at a CAGR of 14.22% during the forecast period.
Q4. What factors are anticipated to drive the neurosurgical robotics market growth?
A4. An increasing number of neurosurgeries performed globally and the rising geriatric population is boosting the growth of the neurosurgical robotics market.
Q5. Which region holds the largest market share in the neurosurgical robotics market?
A5. Geographically, North America and Europe hold a significant share in the neurosurgical robotics market owing to the advances in engineering and imaging techniques in the region.
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