Report
Our reports provide latest industry trends, forecasts, company profiles, competitive landscape, and strategic insights.
Middle East & Africa Neurosurgical Robotics Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component [Equipment/System (Robot Machines, Navigation System, Planner & Simulators, and Others), Accessories, and Services], Application [Spinal (Laminectomy, Discectomy, Spinal Fusion, Disc Replacement, Foraminotomy, and Others) and Cranial (Craniotomy, Brain Biopsy, Thermal ablation of Seizure and Others)], Surgery Type (Minimally Invasive and Open Surgery), and End User (Hospitals, Specialty Clinics, and Others)
- Report Code : BMIRE00027524
- Pages : 168
The neurosurgical robotics market in the Middle East & Africa is expected to grow from US$ 116.23 million in 2022 to US$ 255.79 million by 2028. It is estimated to grow at a CAGR of 14.0% from 2022 to 2028.
Rising Developments of Nanorobots for Neurosurgery
The neurosurgical robotics market has the presence of many small and big companies. New component launch, regional expansion, product approval, and technological advancement are among the strategies adopted by companies to enlarge their market shares. Neurosurgical robots have become safer and more effective than ever with continuous innovations and technological advancements, boosting their acceptance among the masses. The active participation of market players in development activities, followed by increased product approvals by regulatory bodies, would offer lucrative opportunities for the growth of the neurosurgical robotics market in the coming years.
Market Overview
The MEA neurosurgical robotics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The market in the region is expected to register a gradual growth rate over the forecast period. The continuing growth of neurosurgical robotics is observed due to rising awareness among people and growing acceptance of advanced technology. Moreover, new installations in the UAE and Saudi Arabia are likely to rise the demand for robotic surgeries, which will aid the market growth in the upcoming years.
According to data published by the Arab Journal of Urology (AJU), in 2017, there were 44 robotic da Vinci systems installed in the Middle East, including 13 active systems and six obsolete in Saudi Arabia (KSA), six in Qatar, three in the UAE, and two in each of Kuwait and Lebanon. The number of robot-assisted procedures increased by 60% from 2011 to 2017.
Middle East & Africa Neurosurgical Robotics Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Neurosurgical Robotics Market Segmentation
The Middle East & Africa neurosurgical robotics market is segmented into component, application, surgery type, end user, and country.
Based on component, the Middle East & Africa neurosurgical robotics market is segmented into equipment/system, accessories, and services. The equipment/system segment is further segmented into robot machines, navigation system, planner & simulators, and others. The accessories segment is anticipated to hold the largest share of the market in 2022. The Middle East & Africa neurosurgical robotics market, based on application, is segmented into spinal and cranial. Spinal application is further segmented into spinal fusion, laminectomy, disc replacement, discectomy, foraminotomy, and others. The cranial segment is also subsegmented into brain biopsy, thermal ablation of seizure, surgical treatment of movement disorders, and others. In 2022, the spinal segment is anticipated to hold the largest share of the market, by application.
The Middle East & Africa neurosurgical robotics market, based on surgery type, is segmented into open and minimally invasive. In 2022, the minimally invasive segment is anticipated to hold a larger share of the market.
Based on end user, the Middle East & Africa neurosurgical robotics market is segmented into hospitals, specialty centers, and others. In 2022, the hospitals segment is anticipated to hold the largest share of the market. Based on country, the market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa is anticipated to dominate the market in 2022. Accuray Incorporated; B. Braun Melsungen AG; Brainlab AG; Brain Navi Biotechnology Co., Ltd.; Globus Medical, Inc.; Medtronic; Renishaw plc; NuVasive, Inc.; and Zimmer Biomet are among the leading companies operating in the neurosurgical robotics market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Neurosurgical Robotics Market – By Component Type
1.3.2 MEA Neurosurgical Robotics Market – By Application
1.3.3 MEA Neurosurgical Robotics Market – By Surgery Type
1.3.4 MEA Neurosurgical Robotics Market – By End-User Type
1.3.5 MEA Neurosurgical Robotics Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Neurosurgical Robotics Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Experts Opinion
5. MEA Neurosurgical Robotics Market– Key Market Dynamics
5.1.1 Rise in Number of Neurosurgical Procedures
5.1.2 Advantages of Neurosurgical Robots Encourage Key Players to Develop Innovative Products
5.2 Market Restraints
5.2.1 High Installation Costs of Neurosurgical Robots
5.3 Market Opportunities
5.3.1 Rising Number of Product Developments and Approvals
5.4 Future Trends
5.4.1 Rising Developments of Nanorobots for Neurosurgery
5.4.2 Nanorobots in neurosurgery is an emerging field.
5.5 Impact Analysis
6. Neurosurgical Robotics Market– MEA Analysis
6.1 Overview
7. MEA Neurosurgical Robotics Market Analysis – By Component Type
7.1 Overview
7.2 MEA Neurosurgical Robotics Market, by Component Type, 2021 & 2028 (%)
7.3 Equipment/System
7.3.1 Overview
7.3.2 Equipment/System Market Revenue and Forecast to 2028 (US$ Million)
7.3.3 Robot Machines
7.3.3.1 Overview
7.3.3.2 Robot Machines Market Revenue and Forecast to 2028 (US$ Million)
7.3.4 Navigation System
7.3.4.1 Overview
7.3.4.2 Navigation System Market Revenue and Forecast to 2028 (US$ Million)
7.3.5 Planners and Simulators
7.3.5.1 Overview
7.3.5.2 Planners and Simulators Market Revenue and Forecast to 2028 (US$ Million)
7.3.6 Others
7.3.6.1 Overview
7.3.6.2 Others Market Revenue and Forecast to 2028 (US$ Million)
7.4 Accessories
7.4.1 Overview
7.4.2 Accessories Market Revenue and Forecast to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Neurosurgical Robotics Market Analysis – By Application
8.1 Overview
8.2 MEA Neurosurgical Robotics Market, by Application Type, 2021 & 2028 (%)
8.3 Spinal
8.3.1 Overview
8.3.2 Spinal Market Revenue and Forecast to 2028 (US$ Million)
8.3.3 Laminectomy
8.3.3.1 Overview
8.3.3.2 Laminectomy Market Revenue and Forecast to 2028 (US$ Million)
8.3.4 Discectomy
8.3.4.1 Overview
8.3.4.2 Discectomy Market Revenue and Forecast to 2028 (US$ Million)
8.3.5 Spinal Fusion
8.3.5.1 Overview
8.3.5.2 Spinal Fusion Market Revenue and Forecast to 2028 (US$ Million)
8.3.6 Disc Replacement
8.3.6.1 Overview
8.3.6.2 Disc Replacement Market Revenue and Forecast to 2028 (US$ Million)
8.3.7 Foraminotomy
8.3.7.1 Overview
8.3.7.2 Foraminotomy Market Revenue and Forecast to 2028 (US$ Million)
8.3.8 Others
8.3.8.1 Overview
8.3.8.2 Others Market Revenue and Forecast to 2028 (US$ Million)
8.4 Cranial
8.4.1 Overview
8.4.2 Cranial Market Revenue and Forecast to 2028 (US$ Million)
8.4.3 Craniotomy
8.4.3.1 Overview
8.4.3.2 Craniotomy Market Revenue and Forecast to 2028 (US$ Million)
8.4.4 Brain Biopsy
8.4.4.1 Overview
8.4.4.2 Brain Biopsy Market Revenue and Forecast to 2028 (US$ Million)
8.4.5 Thermal Ablation of Seizure
8.4.5.1 Overview
8.4.5.2 Thermal Ablation of Seizure Market Revenue and Forecast to 2028 (US$ Million)
8.4.6 Others
8.4.6.1 Overview
8.4.6.2 Others Market Revenue and Forecast to 2028 (US$ Million)
9. MEA Neurosurgical Robotics Market Analysis – By Surgery Type
9.1 Overview
9.2 MEA Neurosurgical Robotics Market, by Surgery Type, 2021 & 2028 (%)
9.3 Minimally Invasive
9.3.1 Overview
9.3.2 Minimally Invasive Market Revenue and Forecast to 2028 (US$ Million)
9.4 Open Surgery
9.4.1 Overview
9.4.2 Open Surgery Market Revenue and Forecast to 2028 (US$ Million)
10. MEA Neurosurgical Robotics Market Analysis – By End-Users
10.1 Overview
10.2 MEA Neurosurgical Robotics Market, by End-Users, 2021 & 2028 (%)
10.3 Hospital
10.3.1 Overview
10.3.2 Hospital Market Revenue and Forecast to 2028 (US$ Million)
10.4 Specialty Clinics
10.4.1 Overview
10.4.2 Specialty Clinics Market Revenue and Forecast to 2028 (US$ Million)
10.5 Other Miscellaneous End-Users
10.5.1 Overview
10.5.2 Other Miscellaneous End-Users Market Revenue and Forecast to 2028 (US$ Million)
11. MEA Neurosurgical Robotics Market – Country Analysis
11.1 Overview
11.1.1 MEA: Neurosurgical Robotics Market, by Country, 2021 & 2028 (%)
11.1.1.1 South Africa: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Overview
11.1.1.1.2 South Africa: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.3 South Africa: Neurosurgical Robotics Market, by Component type, 2019–2028 (US$ Million)
11.1.1.1.3.1 South Africa: Neurosurgical Robotics Market, by Equipment/System type, 2019–2028 (US$ Million)
11.1.1.1.4 South Africa: Neurosurgical Robotics Market, by Application, 2019–2028 (US$ Million)
11.1.1.1.4.1 South Africa: Neurosurgical Robotics Market, by Spinal type, 2019–2028 (US$ Million)
11.1.1.1.4.2 South Africa: Neurosurgical Robotics Market, by Cranial type, 2019–2028 (US$ Million)
11.1.1.1.5 South Africa: Neurosurgical Robotics Market, by Surgery Type, 2019–2028 (US$ Million)
11.1.1.1.6 South Africa: Neurosurgical Robotics Market, by End-Users, 2019–2028 (US$ Million)
11.1.1.2 Saudi Arabia: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Overview
11.1.1.2.2 Saudi Arabia: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.3 Saudi Arabia: Neurosurgical Robotics Market, by Component type, 2019–2028 (US$ Million)
11.1.1.2.3.1 Saudi Arabia: Neurosurgical Robotics Market, by Equipment/System type, 2019–2028 (US$ Million)
11.1.1.2.4 Saudi Arabia: Neurosurgical Robotics Market, by Application, 2019–2028 (US$ Million)
11.1.1.2.4.1 Saudi Arabia: Neurosurgical Robotics Market, by Spinal type, 2019–2028 (US$ Million)
11.1.1.2.4.2 Saudi Arabia: Neurosurgical Robotics Market, by Cranial type, 2019–2028 (US$ Million)
11.1.1.2.5 Saudi Arabia: Neurosurgical Robotics Market, by Surgery Type, 2019–2028 (US$ Million)
11.1.1.2.6 Saudi Arabia: Neurosurgical Robotics Market, by End-Users, 2019–2028 (US$ Million)
11.1.1.3 UAE: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Overview
11.1.1.3.2 UAE: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.3 UAE: Neurosurgical Robotics Market, by Component type, 2019–2028 (US$ Million)
11.1.1.3.3.1 UAE: Neurosurgical Robotics Market, by Equipment/System type, 2019–2028 (US$ Million)
11.1.1.3.4 UAE: Neurosurgical Robotics Market, by Application, 2019–2028 (US$ Million)
11.1.1.3.4.1 UAE: Neurosurgical Robotics Market, by Spinal type, 2019–2028 (US$ Million)
11.1.1.3.4.2 UAE: Neurosurgical Robotics Market, by Cranial type, 2019–2028 (US$ Million)
11.1.1.3.5 UAE: Neurosurgical Robotics Market, by Surgery Type, 2019–2028 (US$ Million)
11.1.1.3.6 UAE: Neurosurgical Robotics Market, by End-Users, 2019–2028 (US$ Million)
11.1.1.4 Rest of MEA: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Overview
11.1.1.4.2 Rest of MEA: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.3 Rest of MEA: Neurosurgical Robotics Market, by Component type, 2019–2028 (US$ Million)
11.1.1.4.3.1 Rest of MEA: Neurosurgical Robotics Market, by Equipment/System type, 2019–2028 (US$ Million)
11.1.1.4.4 Rest of MEA: Neurosurgical Robotics Market, by Application, 2019–2028 (US$ Million)
11.1.1.4.4.1 Rest of MEA: Neurosurgical Robotics Market, by Spinal type, 2019–2028 (US$ Million)
11.1.1.4.4.2 Rest of MEA: Neurosurgical Robotics Market, by Cranial type, 2019–2028 (US$ Million)
11.1.1.4.5 Rest of MEA: Neurosurgical Robotics Market, by Surgery Type, 2019–2028 (US$ Million)
11.1.1.4.6 Rest of MEA: Neurosurgical Robotics Market, by End-Users, 2019–2028 (US$ Million)
12. Neurosurgical Robotics Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Neurosurgical Robotics Market
12.3 Inorganic Growth Strategies
12.3.1 Overview
12.4 Organic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 Brainlab AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Renishaw plc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Zimmer Biomet
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Globus Medical, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 NuVasive, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Accuray Incorporated
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Brain Navi Biotechnology Co., Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 B. Braun Melsungen AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. South Africa Neurosurgical Robotics Market, by Component type – Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Neurosurgical Robotics Market, by Equipment/System type – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Neurosurgical Robotics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Neurosurgical Robotics Market, by Spinal type – Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa Neurosurgical Robotics Market, by Cranial type – Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa Neurosurgical Robotics Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. South Africa Neurosurgical Robotics Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia Neurosurgical Robotics Market, by Component type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia Neurosurgical Robotics Market, by Equipment/System type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia Neurosurgical Robotics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Saudi Arabia Neurosurgical Robotics Market, by Spinal type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Saudi Arabia Neurosurgical Robotics Market, by Cranial type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Saudi Arabia Neurosurgical Robotics Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Saudi Arabia Neurosurgical Robotics Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)
Table 15. UAE Neurosurgical Robotics Market, by Component type – Revenue and Forecast to 2028 (US$ Million)
Table 16. UAE Neurosurgical Robotics Market, by Equipment/System type – Revenue and Forecast to 2028 (US$ Million)
Table 17. UAE Neurosurgical Robotics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. UAE Neurosurgical Robotics Market, by Spinal type – Revenue and Forecast to 2028 (US$ Million)
Table 19. UAE Neurosurgical Robotics Market, by Cranial type – Revenue and Forecast to 2028 (US$ Million)
Table 20. UAE Neurosurgical Robotics Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. UAE Neurosurgical Robotics Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of MEA Neurosurgical Robotics Market, by Component type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of MEA Neurosurgical Robotics Market, by Equipment/System type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of MEA Neurosurgical Robotics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of MEA Neurosurgical Robotics Market, by Spinal type – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of MEA Neurosurgical Robotics Market, by Cranial type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of MEA Neurosurgical Robotics Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of MEA Neurosurgical Robotics Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)
Table 29. Recent Inorganic Growth Strategies in the Neurosurgical Robotics Market
Table 30. Recent Organic Growth Strategies in the Neurosurgical Robotics Market
Table 31. Glossary of Terms, MEA Neurosurgical Robotics Market
LIST OF FIGURES
Figure 1. MEA Neurosurgical Robotics Market Segmentation
Figure 2. MEA Neurosurgical Robotics Market, By Country
Figure 3. MEA Neurosurgical Robotics Market Overview
Figure 4. Minimally Invasive Segment Held Largest Share in MEA Neurosurgical Robotics Market
Figure 5. South Africa is Expected to Show Remarkable Growth During the Forecast Period
Figure 7. MEA: PEST Analysis
Figure 8. Experts Opinion
Figure 9. Impact Analysis of Drivers and Restraints on Neurosurgical Robotics Market
Figure 10. MEA Neurosurgical Robotics Market – Revenue Forecasts and Analysis – 2020- 2028
Figure 11. MEA Neurosurgical Robotics Market, by Component Type, 2021 & 2028 (%)
Figure 12. MEA Equipment/System Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Robot Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Navigation System Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Planners and Simulators Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Accessories Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Services Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Neurosurgical Robotics Market, by Application Type, 2021 & 2028 (%)
Figure 20. MEA Spinal Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Laminectomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Discectomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. MEA Spinal Fusion Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA Disc Replacement Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA Foraminotomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. MEA Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. MEA Cranial Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. MEA Craniotomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. MEA Brain Biopsy Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. MEA Thermal Ablation of Seizure Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. MEA Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. MEA Neurosurgical Robotics Market, by Surgery Type, 2021 & 2028 (%)
Figure 33. MEA Minimally Invasive Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. MEA Open Surgery Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. MEA Neurosurgical Robotics Market, by End-Users, 2021 & 2028 (%)
Figure 36. MEA Hospital Market Revenue and Forecast to 2028 (US$ Million)
Figure 37. MEA Specialty Clinics Market Revenue and Forecast to 2028 (US$ Million)
Figure 38. MEA Other Miscellaneous End-Users Market Revenue and Forecast to 2028 (US$ Million)
Figure 39. MEA: Neurosurgical Robotics Market, by Key Country – Revenue (2021) (US$ Million)
Figure 40. MEA: Neurosurgical Robotics Market, by Country, 2021 & 2028 (%)
Figure 41. South Africa: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Saudi Arabia: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. UAE: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Rest of MEA: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Growth Strategies in the Neurosurgical Robotics Market
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa neurosurgical robotics market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa neurosurgical robotics market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the neurosurgical robotics market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The List of Companies – Middle East & Africa Neurosurgical Robotics Market
● Accuray Incorporated
● B. Braun Melsungen AG
● Brainlab AG
● Brain Navi Biotechnology Co., Ltd.
● Globus Medical, Inc.
● Medtronic; NuVasive, Inc.
● NuVasive, Inc.
● Renishaw plc
● Zimmer Biomet
At 14.0% CAGR, the Middle East & Africa Neurosurgical Robotics Market is speculated to be worth US$ 255.79 Million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Middle East & Africa neurosurgical robotics market was valued at US$ 116.23 million in 2022 and is expected to reach US$ 255.79 million by 2028, registering an annual growth rate of 14.0% from 2022 to 2028. Rising number of product developments and approvals including rising nanorobots technology are the critical factors attributed to the market expansion.
During the next 30 years, scientists are aiming to develop safe nanorobots for real-time interface tasks between the human brain and biological & nonbiological computing systems. It will lead to creation of brain-to-brain interfaces and brain–computer interfaces, in particular brain–cloud interfaces. Additionally, current preclinical studies are analyzing biocompatibility and security and adequate materials for nanorobot production. Thus, continuous research in nanorobots for neurosurgical procedures are expected to fuel the growth of the neurosurgical robotics market during the forecast period
On the contrary, high installation costs of neurosurgical robotics hurdles the growth of Middle East & Africa neurosurgical robotics market.
Based on component, the Middle East & Africa neurosurgical robotics market is segmented into equipment/system, accessories, and services. The equipment/system segment is further segmented into robot machines, navigation system, planner & simulators, and others. The accessories segment is anticipated to hold the largest share of the market in 2022 with a share of 45.0%, amassing US$ 52.28 million. It is projected to garner US$ 114.07 million by 2028 to expand at 13.9% CAGR during 2022–2028. The Middle East & Africa neurosurgical robotics market, based on application, is segmented into spinal and cranial. Spinal application is further segmented into spinal fusion, laminectomy, disc replacement, discectomy, foraminotomy, and others. The cranial segment is also subsegmented into brain biopsy, thermal ablation of seizure, surgical treatment of movement disorders, and others. In 2022, the spinal segment is anticipated to hold the largest share of the market, with a share of 63.4%, amassing US$ 73.70 million. It is projected to garner US$ 165.87 million by 2028 to expand at 14.5% CAGR during 2022–2028. The Middle East & Africa neurosurgical robotics market, based on surgery type, is segmented into open and minimally invasive. In 2022, the minimally invasive segment is anticipated to hold a larger share of the market in 2022 with a share of 83.8%, amassing US$ 97.43 million. It is projected to garner US$ 225.93 million by 2028 to expand at 15.0% CAGR during 2022–2028. Based on end user, the Middle East & Africa neurosurgical robotics market is segmented into hospitals, specialty centers, and others. In 2022, the hospitals segment is anticipated to hold the largest share of the market with a share of 66.5%, amassing US$ 77.30 million. It is projected to garner US$ 167.35 million by 2028 to expand at 13.7% CAGR during 2022–2028. Our regional analysis states that the Rest of Middle East & Africa captured 38.9% market share in 2022. It was assessed at US$ 45.22 million in 2022 and is likely to hit US$ 96.54 million by 2028, exhibiting a CAGR of 13.5% during the forecast period.
Key players dominating the Middle East & Africa neurosurgical robotics market are Accuray Incorporated; B. Braun Melsungen AG; Brainlab AG; Brain Navi Biotechnology Co., Ltd.; Globus Medical, Inc.; Medtronic; Renishaw plc; NuVasive, Inc.; and Zimmer Biomet.
Below are listed a few recent key developments by major market players:
In April 2022, Medtronic announced a partnership to interface Surgical Theater’s SyncAR augmented reality (AR) technology with Medtronic’s StealthStation S8 surgical navigation system. In Nov 2020, Medtronic announced that it had completed its friendly tender offer for France-based Medicrea International
Related Reports
- $3,000.00 – $5,000.00
