The global Surgical Robots for the Spine market was valued at US$ 124.2 million in 2019 and it is expected to reach US$ 451 million by the end of 2026, growing at a CAGR of 20.0% during 2021-2026.
Spinal surgery has evolved dramatically over the years as advances in technology have made it possible to improve surgical techniques. Spinal surgery involves the modification of the affected area of the back bones and nerves. The implantation of one or more screws or components is a very delicate surgery. The robot can achieve better precision than can a skilled surgeon.Robotic procedures offer significant cost savings in terms of pre- and post-operation care costs and length of stay at hospitals. Technological advances and breakthroughs leverage new materials and new sensor configurations. Sophisticated software is further evolving product implementation: Clinically efficient solutions, clinically less complex surgery, shorter length of stay, minimally invasive surgery, financially lower cost and operationally more simple.
The spine surgery robot industry has a relatively concentrated industrial structure.
Spinal surgery robots include: separation systems and combination systems. The independent system t is the main product in recent years.
North America is the region with the largest sales of spinal surgery robots. Europe is the second largest sales area for spinal surgery robots.
Global Surgical Robots for the Spine Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Surgical Robots for the Spine Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Mazor Robotics, Medtech S.A, Tina VI Medical Technologies, Globus Medical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Separate System
- Combining System
Segment by Application
- Disc Replacement
- Spine Fusion
Table of Content:
1 Surgical Robots for the Spine Market Overview
2 Surgical Robots for the Spine Market Competition by Manufacturers
3 Surgical Robots for the Spine Retrospective Market Scenario by Region
4 Global Surgical Robots for the Spine Historic Market Analysis by Type
5 Global Surgical Robots for the Spine Historic Market Analysis by Application
6 Key Companies Profiled
7 Surgical Robots for the Spine Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Surgical Robots for the Spine Market Dynamics
10 Global Surgical Robots for the Spine Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.