Market Overview:
The global surgical robotics and navigation market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The increasing demand for minimally invasive surgeries, technological advancements in surgical robotics and navigation systems, and rising number of hospitals offering robotic-assisted surgeries are some of the major factors driving the growth of this market. Based on type, the global surgical robotics and navigation market is segmented into neurosurgery navigation, spinal surgery navigation, ENT surgery navigation, orthopedic surgery navigation, robotic-assisted spinal surgery systems, robotic-assisted neurosurgery systems Robotic radiosurgery systems), and others. The neurosurgery Navigation segment is expected to account for the largest share of the global surgical robotics and navigaion market in 2018. This segment is projected to grow at a CAGR of 11% duringthe forecast period from 2018 to 2030. This growth can be attributed to increasing demand for minimally invasive procedures for treating neurological disorders such as brain tumors or spine diseases. Based on application type,,the global surgical robots amd naviation maeket ia segmneted into childernsurgical applications,, adultsurgical applications,, oldsurgical applications,.and others,.
Product Definition:
Surgical robotics and navigation is the use of robotic systems to assist in surgical procedures. These systems help to improve accuracy and precision during surgery, which can lead to better outcomes for patients.
Neurosurgery Navigation:
Neurosurgical navigation is a technique of surgical procedure wherein the surgeon uses a device called as neurosurgery navigator to locate and identify target areas in the brain. It helps in better planning of surgery, thereby reducing complications. The growth factors for this market are increasing incidences of brain cancer and head injuries resulting into loss of memory, consciousness or other cognitive functions such as decision-making ability.
Spinal Surgical Navigation:
Spinal surgical navigation is a technique of surgery used to locate spinal nerves and vertebrae in the spine. It provides better access to these areas while performing surgeries on them. The process involves imaging techniques such as CT scan, MRI, X-ray, and ultrasound scans which help identify the exact area of concern in the spine.
Application Insights:
The child application segment held the largest share of over 60.0% in 2017. The high share can be attributed to factors such as a higher prevalence of diseases in children, which requires surgical intervention and extensive use in pediatric surgeries. Moreover, increasing number of research studies supporting its benefits is further driving the demand for surgical robotics systems for child surgeries at present.
Adult applications are expected to witness the fastest growth rate over the forecast period owing to an increase in geriatric population suffering from various ailments including musculoskeletal disorders and cancer requiring surgery. According to data published by WHO, it has been estimated that by 2050 there will be approximately 9 billion people aged 60 or above globally which is expected to boost market growth during the forecast period significantly.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as increasing government funding, rising prevalence of chronic diseases, and growing demand for minimally invasive surgeries. For instance, according to data published by the National Institute of Health (NIH), in 2016, over 2 million orthopedic procedures were performed using robotics compared to 1.6 million in 2011 which is a significant increase. In addition, favorable reimbursement policies are also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and rising medical tourism especially for spine surgery.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical robotics and navigation market is expected to grow at a CAGR of over 12% during the forecast period. This is primarily owing to the increasing demand for minimally invasive surgeries, which are less traumatic and offer shorter recovery times as compared to traditional open surgery.
- Growing number of robotic-assisted procedures: Robotic-assisted surgery offers several advantages such as precision, dexterity, and control over conventional laparoscopic procedures. This has led to an increase in the number of robotic-assisted procedures across the globe.
- Technological advancements in surgical robotics: The technological advancements in surgical robotics are aiding in wider application areas such as gynecology, urology, cardiothoracic surgery, and general surgery among others. This is further propelling the growth of the global surgical robotics and navigation market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Robotics and Navigation Market Research Report
By Type
Neurosurgery Navigation, Spinal Surgical Navigation, ENT Surgical Navigation, Orthopedic Surgical Navigation, Robotic-Assisted Spinal Surgery Systems, Robotic-Assisted Neurosurgery Systems, Robotic Radiosurgery Systems, Others
By Application
Child, Adult, Olds
By Companies
BrainLab, DePuy Synthes, Titan Medical, Verb Surgical, Auris Health, Globus Medical, Medrobotics, Procept BioRobotics, TransEnterix, Zimmer Biomet, CMR Surgical, Blue Belt Technologies, ELMED Medical Systems, Getinge, Globus Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Robotics and Navigation Market Report Segments:
The global Surgical Robotics and Navigation market is segmented on the basis of:
Types
Neurosurgery Navigation, Spinal Surgical Navigation, ENT Surgical Navigation, Orthopedic Surgical Navigation, Robotic-Assisted Spinal Surgery Systems, Robotic-Assisted Neurosurgery Systems, Robotic Radiosurgery Systems, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Child, Adult, Olds
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BrainLab
- DePuy Synthes
- Titan Medical
- Verb Surgical
- Auris Health
- Globus Medical
- Medrobotics
- Procept BioRobotics
- TransEnterix
- Zimmer Biomet
- CMR Surgical
- Blue Belt Technologies
- ELMED Medical Systems
- Getinge
- Globus Medical
Highlights of The Surgical Robotics and Navigation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Neurosurgery Navigation
- Spinal Surgical Navigation
- ENT Surgical Navigation
- Orthopedic Surgical Navigation
- Robotic-Assisted Spinal Surgery Systems
- Robotic-Assisted Neurosurgery Systems
- Robotic Radiosurgery Systems
- Others
- By Application:
- Child
- Adult
- Olds
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Surgical Robotics and Navigation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Surgical Robotics and Navigation is a technology that allows surgeons to perform surgery with precision. It helps surgeons navigate around the body, using robotic arms and tools. This technology can help reduce the risk of injuries during surgery, as well as speed up the process.
Some of the major players in the surgical robotics and navigation market are BrainLab, DePuy Synthes, Titan Medical, Verb Surgical, Auris Health, Globus Medical, Medrobotics, Procept BioRobotics, TransEnterix, Zimmer Biomet, CMR Surgical, Blue Belt Technologies, ELMED Medical Systems, Getinge, Globus Medical.
The surgical robotics and navigation market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Surgical Robotics and Navigation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Surgical Robotics and Navigation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Surgical Robotics and Navigation Market - Supply Chain
4.5. Global Surgical Robotics and Navigation Market Forecast
4.5.1. Surgical Robotics and Navigation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Surgical Robotics and Navigation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Surgical Robotics and Navigation Market Absolute $ Opportunity
5. Global Surgical Robotics and Navigation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Surgical Robotics and Navigation Market Size and Volume Forecast by Type
5.3.1. Neurosurgery Navigation
5.3.2. Spinal Surgical Navigation
5.3.3. ENT Surgical Navigation
5.3.4. Orthopedic Surgical Navigation
5.3.5. Robotic-Assisted Spinal Surgery Systems
5.3.6. Robotic-Assisted Neurosurgery Systems
5.3.7. Robotic Radiosurgery Systems
5.3.8. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Surgical Robotics and Navigation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Surgical Robotics and Navigation Market Size and Volume Forecast by Application
6.3.1. Child
6.3.2. Adult
6.3.3. Olds
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Surgical Robotics and Navigation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Surgical Robotics and Navigation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Surgical Robotics and Navigation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Surgical Robotics and Navigation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Surgical Robotics and Navigation Demand Share Forecast, 2019-2026
9. North America Surgical Robotics and Navigation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Surgical Robotics and Navigation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Surgical Robotics and Navigation Market Size and Volume Forecast by Application
9.4.1. Child
9.4.2. Adult
9.4.3. Olds
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Surgical Robotics and Navigation Market Size and Volume Forecast by Type
9.7.1. Neurosurgery Navigation
9.7.2. Spinal Surgical Navigation
9.7.3. ENT Surgical Navigation
9.7.4. Orthopedic Surgical Navigation
9.7.5. Robotic-Assisted Spinal Surgery Systems
9.7.6. Robotic-Assisted Neurosurgery Systems
9.7.7. Robotic Radiosurgery Systems
9.7.8. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Surgical Robotics and Navigation Demand Share Forecast, 2019-2026
10. Latin America Surgical Robotics and Navigation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Surgical Robotics and Navigation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Surgical Robotics and Navigation Market Size and Volume Forecast by Application
10.4.1. Child
10.4.2. Adult
10.4.3. Olds
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Surgical Robotics and Navigation Market Size and Volume Forecast by Type
10.7.1. Neurosurgery Navigation
10.7.2. Spinal Surgical Navigation
10.7.3. ENT Surgical Navigation
10.7.4. Orthopedic Surgical Navigation
10.7.5. Robotic-Assisted Spinal Surgery Systems
10.7.6. Robotic-Assisted Neurosurgery Systems
10.7.7. Robotic Radiosurgery Systems
10.7.8. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Surgical Robotics and Navigation Demand Share Forecast, 2019-2026
11. Europe Surgical Robotics and Navigation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Surgical Robotics and Navigation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Surgical Robotics and Navigation Market Size and Volume Forecast by Application
11.4.1. Child
11.4.2. Adult
11.4.3. Olds
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Surgical Robotics and Navigation Market Size and Volume Forecast by Type
11.7.1. Neurosurgery Navigation
11.7.2. Spinal Surgical Navigation
11.7.3. ENT Surgical Navigation
11.7.4. Orthopedic Surgical Navigation
11.7.5. Robotic-Assisted Spinal Surgery Systems
11.7.6. Robotic-Assisted Neurosurgery Systems
11.7.7. Robotic Radiosurgery Systems
11.7.8. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Surgical Robotics and Navigation Demand Share, 2019-2026
12. Asia Pacific Surgical Robotics and Navigation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Surgical Robotics and Navigation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Surgical Robotics and Navigation Market Size and Volume Forecast by Application
12.4.1. Child
12.4.2. Adult
12.4.3. Olds
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Surgical Robotics and Navigation Market Size and Volume Forecast by Type
12.7.1. Neurosurgery Navigation
12.7.2. Spinal Surgical Navigation
12.7.3. ENT Surgical Navigation
12.7.4. Orthopedic Surgical Navigation
12.7.5. Robotic-Assisted Spinal Surgery Systems
12.7.6. Robotic-Assisted Neurosurgery Systems
12.7.7. Robotic Radiosurgery Systems
12.7.8. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Surgical Robotics and Navigation Demand Share, 2019-2026
13. Middle East & Africa Surgical Robotics and Navigation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Surgical Robotics and Navigation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Surgical Robotics and Navigation Market Size and Volume Forecast by Application
13.4.1. Child
13.4.2. Adult
13.4.3. Olds
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Surgical Robotics and Navigation Market Size and Volume Forecast by Type
13.7.1. Neurosurgery Navigation
13.7.2. Spinal Surgical Navigation
13.7.3. ENT Surgical Navigation
13.7.4. Orthopedic Surgical Navigation
13.7.5. Robotic-Assisted Spinal Surgery Systems
13.7.6. Robotic-Assisted Neurosurgery Systems
13.7.7. Robotic Radiosurgery Systems
13.7.8. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Surgical Robotics and Navigation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Surgical Robotics and Navigation Market: Market Share Analysis
14.2. Surgical Robotics and Navigation Distributors and Customers
14.3. Surgical Robotics and Navigation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BrainLab
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DePuy Synthes
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Titan Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Verb Surgical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Auris Health
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Globus Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medrobotics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Procept BioRobotics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TransEnterix
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zimmer Biomet
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CMR Surgical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Blue Belt Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ELMED Medical Systems
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Getinge
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Globus Medical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
