Neurosurgical Robotics Market 2020-2027 by Product, Equipment Type, End User and Region: Market Size, Share, Forecast and Strategy
- Report ID: 3398
- Date: Sep, 2021
- Pages: 164
- Category: ICT & Media
Robotic neurosurgery is a fast-growing technology owing to several advantages over the traditional neurology surgery such as better outcomes, increased accuracy, sooner recovery, shorter hospital stay, among others.
Global neurosurgical robotics market will reach $2,010.7 million by 2027, growing by 16.8% annually over 2020-2027 driven by the growing incidents of neurological diseases, aging population, the improved benefits with robotics-based procedures, and decreasing price of robot-assisted neurology surgery.
Highlighted with 94 tables and 69 figures, this 164-page report “Global Neurosurgical Robotics Market 2020-2027 by Product, Equipment Type, End User and Region: Market Size, Share, Forecast and Strategy” is based on a comprehensive research of the entire global neurosurgical robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global neurosurgical robotics market in every aspect of the classification from perspectives of Product, Equipment Type, End User, and Region.
Based on Product, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Robotic Systems
• Instruments and Accessories
• System Services
Based on Equipment Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Robot Machines
• Navigation Systems
• Planners and Simulators
• Other Equipment Types
Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hospitals
• Ambulatory Surgical Centers
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Product, Equipment Type, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global neurosurgical robotics market and industry are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Brainlab AG
DePuy Synthes (Johnson & Johnson)
Mazor Robotics Ltd.
Medtronic Inc.
Renishaw plc
Shenzhen Institutes of Advanced Technology (SIAT)
Siemens Healthineers
Simbionix USA Corp.
SONOWAND AS
Stryker Corp. / MAKO
Synaptive Medical, Inc.
Zimmer Biomet Holdings, Inc. / Medtech
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 10
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Technology of Neurology Robotic Surgery 40
3.1 Stereotactic Biopsy 42
3.2 Craniotomy 43
3.3 Shunt 44
3.4 Deep Brain Stimulation 45
4 Segmentation of Global Market by Product 46
4.1 Market Overview by Product 46
4.2 Robotic Systems 48
4.3 Instruments and Accessories 49
4.4 System Services 50
5 Segmentation of Global Market by Equipment Type 51
5.1 Market Overview by Equipment Type 51
5.2 Robot Machines 53
5.3 Navigation Systems 54
5.4 Planners and Simulators 55
5.5 Other Equipment Types 56
6 Segmentation of Global Market by End User 57
6.1 Market Overview by End User 57
6.2 Hospitals 59
6.3 Ambulatory Surgical Centers 60
7 Segmentation of Global Market by Region 61
7.1 Geographic Market Overview 2020-2027 61
7.2 North America Market 2020-2027 by Country 65
7.2.1 Overview of North America Market 65
7.2.2 U.S. 68
7.2.3 Canada 71
7.2.4 Mexico 73
7.3 European Market 2020-2027 by Country 75
7.3.1 Overview of European Market 75
7.3.2 UK 78
7.3.3 France 80
7.3.4 Germany 82
7.3.5 Spain 84
7.3.6 Italy 86
7.3.7 Russia 88
7.3.8 Rest of European Market 90
7.4 Asia-Pacific Market 2020-2027 by Country 92
7.4.1 Overview of Asia-Pacific Market 92
7.4.2 China 95
7.4.3 Japan 97
7.4.4 India 100
7.4.5 Australia 102
7.4.6 South Korea 104
7.4.7 Rest of APAC Region 106
7.5 South America Market 2020-2027 by Country 108
7.5.1 Argentina 111
7.5.2 Brazil 113
7.5.3 Chile 115
7.5.4 Rest of South America Market 117
7.6 MEA Market 2020-2027 by Country 118
7.6.1 UAE 121
7.6.2 Saudi Arabia 123
7.6.3 South Africa 125
7.6.4 Other National Markets 127
8 Competitive Landscape 128
8.1 Overview of Key Vendors 128
8.2 New Product Launch, Partnership, Investment, and M&A 132
8.3 Company Profiles 133
Brainlab AG 133
DePuy Synthes (Johnson & Johnson) 135
Mazor Robotics Ltd. 138
Medtronic Inc. 139
Renishaw plc 142
Shenzhen Institutes of Advanced Technology (SIAT) 144
Siemens Healthineers 145
Simbionix USA Corp. 147
SONOWAND AS 149
Stryker Corp. / MAKO 150
Synaptive Medical, Inc. 154
Zimmer Biomet Holdings, Inc. / Medtech 155
9 Investing in Global Market: Risk Assessment and Management 158
9.1 Risk Evaluation of Global Market 158
9.2 Critical Success Factors (CSFs) 161
RELATED REPORTS 164
List of Tables
Table 1. Snapshot of Global Neurosurgical Robotics Market in Balanced Perspective, 2020-2027 18Table 2. Growth Rate of World GDP, 2020-2022 21
Table 3. Main Product Trends and Market Opportunities in Global Neurosurgical Robotics Market 32
Table 4. Global Neurosurgical Robotics Market by Product, 2017-2027, $ mn 46
Table 5. Global Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 51
Table 6. Global Neurosurgical Robotics Market by End User, 2017-2027, $ mn 57
Table 7. Global Neurosurgical Robotics Market by Region, 2017-2027, $ mn 62
Table 8. World Health Spending by Region, $ bn, 2013-2020 63
Table 9. Leading National Neurosurgical Robotics Market, 2020 and 2027, $ mn 64
Table 10. North America Neurosurgical Robotics Market by Country, 2017-2027, $ mn 67
Table 11. U.S. Neurosurgical Robotics Market by Product, 2017-2027, $ mn 70
Table 12. U.S. Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 70
Table 13. U.S. Neurosurgical Robotics Market by End User, 2017-2027, $ mn 70
Table 14. Canada Neurosurgical Robotics Market by Product, 2017-2027, $ mn 72
Table 15. Canada Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 72
Table 16. Canada Neurosurgical Robotics Market by End User, 2017-2027, $ mn 72
Table 17. Mexico Neurosurgical Robotics Market by Product, 2017-2027, $ mn 74
Table 18. Mexico Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 74
Table 19. Mexico Neurosurgical Robotics Market by End User, 2017-2027, $ mn 74
Table 20. Europe Neurosurgical Robotics Market by Country, 2017-2027, $ mn 77
Table 21. UK Neurosurgical Robotics Market by Product, 2017-2027, $ mn 79
Table 22. UK Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 79
Table 23. UK Neurosurgical Robotics Market by End User, 2017-2027, $ mn 79
Table 24. France Neurosurgical Robotics Market by Product, 2017-2027, $ mn 81
Table 25. France Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 81
Table 26. France Neurosurgical Robotics Market by End User, 2017-2027, $ mn 81
Table 27. Germany Neurosurgical Robotics Market by Product, 2017-2027, $ mn 83
Table 28. Germany Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 83
Table 29. Germany Neurosurgical Robotics Market by End User, 2017-2027, $ mn 83
Table 30. Spain Neurosurgical Robotics Market by Product, 2017-2027, $ mn 85
Table 31. Spain Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 85
Table 32. Spain Neurosurgical Robotics Market by End User, 2017-2027, $ mn 85
Table 33. Italy Neurosurgical Robotics Market by Product, 2017-2027, $ mn 87
Table 34. Italy Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 87
Table 35. Italy Neurosurgical Robotics Market by End User, 2017-2027, $ mn 87
Table 36. Russia Neurosurgical Robotics Market by Product, 2017-2027, $ mn 89
Table 37. Russia Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 89
Table 38. Russia Neurosurgical Robotics Market by End User, 2017-2027, $ mn 89
Table 39. Neurosurgical Robotics Market in Rest of Europe by Country, 2017-2027, $ mn 91
Table 40. APAC Neurosurgical Robotics Market by Country, 2017-2027, $ mn 94
Table 41. China Neurosurgical Robotics Market by Product, 2017-2027, $ mn 96
Table 42. China Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 96
Table 43. China Neurosurgical Robotics Market by End User, 2017-2027, $ mn 96
Table 44. Japan Neurosurgical Robotics Market by Product, 2017-2027, $ mn 99
Table 45. Japan Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 99
Table 46. Japan Neurosurgical Robotics Market by End User, 2017-2027, $ mn 99
Table 47. India Neurosurgical Robotics Market by Product, 2017-2027, $ mn 101
Table 48. India Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 101
Table 49. India Neurosurgical Robotics Market by End User, 2017-2027, $ mn 101
Table 50. Australia Neurosurgical Robotics Market by Product, 2017-2027, $ mn 103
Table 51. Australia Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 103
Table 52. Australia Neurosurgical Robotics Market by End User, 2017-2027, $ mn 103
Table 53. South Korea Neurosurgical Robotics Market by Product, 2017-2027, $ mn 105
Table 54. South Korea Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 105
Table 55. South Korea Neurosurgical Robotics Market by End User, 2017-2027, $ mn 105
Table 56. Neurosurgical Robotics Market in Rest of APAC by Country/Region, 2017-2027, $ mn 107
Table 57. South America Neurosurgical Robotics Market by Country, 2017-2027, $ mn 110
Table 58. Argentina Neurosurgical Robotics Market by Product, 2017-2027, $ mn 112
Table 59. Argentina Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 112
Table 60. Argentina Neurosurgical Robotics Market by End User, 2017-2027, $ mn 112
Table 61. Brazil Neurosurgical Robotics Market by Product, 2017-2027, $ mn 114
Table 62. Brazil Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 114
Table 63. Brazil Neurosurgical Robotics Market by End User, 2017-2027, $ mn 114
Table 64. Chile Neurosurgical Robotics Market by Product, 2017-2027, $ mn 116
Table 65. Chile Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 116
Table 66. Chile Neurosurgical Robotics Market by End User, 2017-2027, $ mn 116
Table 67. MEA Neurosurgical Robotics Market by Country, 2017-2027, $ mn 120
Table 68. UAE Neurosurgical Robotics Market by Product, 2017-2027, $ mn 122
Table 69. UAE Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 122
Table 70. UAE Neurosurgical Robotics Market by End User, 2017-2027, $ mn 122
Table 71. Saudi Arabia Neurosurgical Robotics Market by Product, 2017-2027, $ mn 124
Table 72. Saudi Arabia Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 124
Table 73. Saudi Arabia Neurosurgical Robotics Market by End User, 2017-2027, $ mn 124
Table 74. South Africa Neurosurgical Robotics Market by Product, 2017-2027, $ mn 126
Table 75. South Africa Neurosurgical Robotics Market by Equipment Type, 2017-2027, $ mn 126
Table 76. South Africa Neurosurgical Robotics Market by End User, 2017-2027, $ mn 126
Table 77. Product Offering of Key Neurosurgical Robotics Vendors 130
Table 78. Brainlab AG: Company Snapshot 133
Table 79. Medtronic Inc.: Company Snapshot 139
Table 80. Medtronic Inc.: Net Revenue by Segment, 2018-2020, $ bn 140
Table 81. Medtronic Inc.: Net Revenue by Region, 2017-2019, $ bn 140
Table 82. Renishaw plc: Company Snapshot 142
Table 83. Renishaw plc: Net Revenue by Segment, 2018-2020, $ mn 143
Table 84. Renishaw plc: Net Revenue by Region, 2017-2019, $ mn 143
Table 85. Siemens Healthineers: Company Snapshot 145
Table 86. Stryker Corp.: Company Snapshot 150
Table 87. Stryker Corp.: Net Revenue by Segment, 2017-2019, $ bn 151
Table 88. Stryker Corp.: Net Revenue by Region, 2017-2019, $ bn 151
Table 89. Synaptive Medical, Inc.: Company Snapshot 154
Table 90. Zimmer Biomet Holdings, Inc.: Company Snapshot 155
Table 91. Zimmer Biomet Holdings, Inc.: Business Segments 156
Table 92. Zimmer Biomet Holdings, Inc.: Product Portfolio 156
Table 93. Risk Evaluation for Investing in Global Market, 2019-2027 159
Table 94. Critical Success Factors and Key Takeaways 162
List of Figures
Figure 1. Research Method Flow Chart 12Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027 17
Figure 4. Global Neurosurgical Robotics Market, 2017-2027, $ mn 19
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Global Neurosurgical Robotics Market 24
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 27
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 27
Figure 9. Primary Restraints and Impact Factors of Global Neurosurgical Robotics Market 29
Figure 10. Investment Opportunity Analysis 33
Figure 11. Porter’s Fiver Forces Analysis of Global Neurosurgical Robotics Market 36
Figure 12. Breakdown of Global Neurosurgical Robotics Market by Product, 2020-2027, % of Revenue 46
Figure 13. Contribution to Global 2021-2027 Cumulative Revenue by Product, Value ($ mn) and Share (%) 47
Figure 14. Global Neurosurgical Robotics Market: Robotic Systems, 2017-2027, $ mn 48
Figure 15. Global Neurosurgical Robotics Market: Instruments and Accessories, 2017-2027, $ mn 49
Figure 16. Global Neurosurgical Robotics Market: System Services, 2017-2027, $ mn 50
Figure 17. Breakdown of Global Neurosurgical Robotics Market by Equipment Type, 2020-2027, % of Revenue 51
Figure 18. Contribution to Global 2021-2027 Cumulative Revenue by Equipment Type, Value ($ mn) and Share (%) 52
Figure 19. Global Neurosurgical Robotics Market: Robot Machines, 2017-2027, $ mn 53
Figure 20. Global Neurosurgical Robotics Market: Navigation Systems, 2017-2027, $ mn 54
Figure 21. Global Neurosurgical Robotics Market: Planners and Simulators, 2017-2027, $ mn 55
Figure 22. Global Neurosurgical Robotics Market: Other Equipment Types, 2017-2027, $ mn 56
Figure 23. Breakdown of Global Neurosurgical Robotics Market by End User, 2020-2027, % of Revenue 57
Figure 24. Contribution to Global 2021-2027 Cumulative Revenue by End User, Value ($ mn) and Share (%) 58
Figure 25. Global Neurosurgical Robotics Market: Hospitals, 2017-2027, $ mn 59
Figure 26. Global Neurosurgical Robotics Market: Ambulatory Surgical Centers, 2017-2027, $ mn 60
Figure 27. Global Market Snapshot by Region 61
Figure 28. Geographic Spread of Worldwide Neurosurgical Robotics Market, 2020-2027, % of Revenue 62
Figure 29. Contribution to Global 2021-2027 Cumulative Revenue by Region, Value ($ mn) and Share (%) 63
Figure 30. North American Neurosurgical Robotics Market, 2017-2027, $ mn 66
Figure 31. Breakdown of North America Neurosurgical Robotics Market by Country, 2020 and 2027, % of Revenue 66
Figure 32. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 67
Figure 33. U.S. Neurosurgical Robotics Market, 2017-2027, $ mn 69
Figure 34. Canada Neurosurgical Robotics Market, 2017-2027, $ mn 71
Figure 35. Neurosurgical Robotics Market in Mexico, 2017-2027, $ mn 73
Figure 36. European Neurosurgical Robotics Market, 2017-2027, $ mn 76
Figure 37. Breakdown of European Neurosurgical Robotics Market by Country, 2020 and 2027, % of Revenue 76
Figure 38. Contribution to Europe 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 77
Figure 39. Neurosurgical Robotics Market in UK, 2017-2027, $ mn 78
Figure 40. Neurosurgical Robotics Market in France, 2017-2027, $ mn 80
Figure 41. Neurosurgical Robotics Market in Germany, 2017-2027, $ mn 82
Figure 42. Neurosurgical Robotics Market in Spain, 2017-2027, $ mn 84
Figure 43. Neurosurgical Robotics Market in Italy, 2017-2027, $ mn 86
Figure 44. Neurosurgical Robotics Market in Russia, 2017-2027, $ mn 88
Figure 45. Neurosurgical Robotics Market in Rest of Europe, 2017-2027, $ mn 90
Figure 46. Asia-Pacific Neurosurgical Robotics Market, 2017-2027, $ mn 93
Figure 47. Breakdown of APAC Neurosurgical Robotics Market by Country, 2020 and 2027, % of Revenue 93
Figure 48. Contribution to APAC 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 94
Figure 49. Neurosurgical Robotics Market in China, 2017-2027, $ mn 95
Figure 50. Neurosurgical Robotics Market in Japan, 2017-2027, $ mn 98
Figure 51. Neurosurgical Robotics Market in India, 2017-2027, $ mn 100
Figure 52. Neurosurgical Robotics Market in Australia, 2017-2027, $ mn 102
Figure 53. Neurosurgical Robotics Market in South Korea, 2017-2027, $ mn 104
Figure 54. Neurosurgical Robotics Market in Rest of APAC, 2017-2027, $ mn 106
Figure 55. South America Neurosurgical Robotics Market, 2017-2027, $ mn 109
Figure 56. Breakdown of South America Neurosurgical Robotics Market by Country, 2020 and 2027, % of Revenue 109
Figure 57. Contribution to South America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 110
Figure 58. Neurosurgical Robotics Market in Argentina, 2017-2027, $ mn 111
Figure 59. Neurosurgical Robotics Market in Brazil, 2017-2027, $ mn 113
Figure 60. Neurosurgical Robotics Market in Chile, 2017-2027, $ mn 115
Figure 61. Neurosurgical Robotics Market in Rest of South America, 2017-2027, $ mn 117
Figure 62. Neurosurgical Robotics Market in Middle East and Africa (MEA), 2017-2027, $ mn 119
Figure 63. Breakdown of MEA Neurosurgical Robotics Market by Country, 2020 and 2027, % of Revenue 119
Figure 64. Contribution to MEA 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 120
Figure 65. Neurosurgical Robotics Market in UAE, 2017-2027, $ mn 121
Figure 66. Neurosurgical Robotics Market in Saudi Arabia, 2017-2027, $ mn 123
Figure 67. Neurosurgical Robotics Market in South Africa, 2017-2027, $ mn 125
Figure 68. Growth Stage of Global Neurosurgical Robotics Industry over the Forecast Period 128
Figure 69. SWOT Analysis of MAKO Surgical Corp. 153
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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