Spine Surgery Robots Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook

Spine Surgery Robots Market Size- By Product, By Method, By Approach, By Condition, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Spine Surgery Robots Market Size- By Product, By Method, By Approach, By Condition, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Apr 2024 Report ID: MEDE2419 Pages: 1 - 228 Formats*:     
Category : Medical Devices
Spine Surgery Robots Market Introduction and Overview 

According to SPER Market Research, the Global Spine Surgery Robots Market is estimated to reach USD 685.92 million by 2033 with a CAGR of 14.27%.

The report includes an in-depth analysis of the Global Spine Surgery Robots Market, including market size and trends, product mix, Applications, and supplier analysis. Spine surgery Medical robots let surgeons carry out intricate spine surgeries including disc replacement and spinal fusion. various are intended to raise the level of accuracy, reliability, and efficiency of various procedures. Surgical robots have improved the precision with which surgeons may currently execute intricate surgical procedures. In addition to other minimally invasive surgeries, they are most frequently utilized in gynecological, urological, orthopaedic, general, and neurosurgical procedures.

  • In January 2020, the Mako robotic surgery system for partial knee indication was given regulatory approval in Japan by Sytrker Corporation.
  • In March 2019, Titan Medical and Teleflex Incorporated merged. The creation of robotic ligation technology was the aim of the collaboration. As part of this partnership, Titan's development-stage, single-port robotic surgery system will use Teleflex's industry-leading polymer ligation technology.
Spine Surgery Robots Market
Market Opportunities and Challenges
Ambulatory Surgical Centers (ASCs) are standalone medical establishments that focus on surgical, diagnostic, and prophylactic procedures that don't require hospitalization. Because ASCs offer a less expensive location of care than hospital outpatient departments, they are more cost-effective for governments, third-party payers, and patients alike.

The use of spine surgical robots has quickly increased as a result of several technological developments. Moreover, there is a growing need for surgical robots for the spine due to the rise in minimally invasive surgical procedures. Furthermore, the growing prevalence of chronic back pain, the safety and accuracy of this kind of surgery, and the previously mentioned factors are all projected to have a substantial positive impact on the market for robotic spinal surgery. Spine surgery robots market expansion will be constrained during the projected period by the growing expense of medical robots and the lack of qualified and experienced workers.

The expensive expense of purchasing and integrating robotic technology is another significant obstacle that prevents many healthcare facilities from utilizing these systems. Concerns about efficacy and reliability arise because spine surgery is a difficult procedure that requires accurate and flexible robotic systems, which are still in the early stages of development. 

Spine Surgery Robots Market


Market Competitive Landscape
There are a number of significant businesses in the competitive and fragmented Spine Surgery Robots market. Some of the major players operating in the spine surgery robots market are Medtronic, Zimmer Biomet, Medtech SA, Globus Medical, TINAVI Medical., Stryker, Intuitive Surgical., NuVasive, Inc., Smith and Nephew, Johnson and Johnson Services, Inc.,

Scope of the Report:
 Report Metric Details
 Market size available for years 2020-2033
 Base year considered 2023
 Forecast period 2024-2033
 Segments coveredBy Product, By Method, By Approach, By Condition, By Application
 Regions covered
Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
 Companies CoveredMedtronic, Zimmer Biomet, Medtech SA, Globus Medical, TINAVI Medical., Stryker, Intuitive Surgical., NuVasive, Inc., Smith and Nephew, Johnson and Johnson Services, Inc., Brainlab AG, Orion Health group of companies, OSP Labs, AM HEALTHCARE TECHNOLOGY, Deevita LLC, GENERAL ELECTRIC COMPANY, and IBM
COVID-19 Impact on Global Spine Surgery Robots Market
The market for spine surgical robots has had substantial growth potential negatively impacted by the COVID-19 epidemic. Due to the virus's rising spread, severe lockdowns have been implemented more frequently, which has caused manufacturing facilities to close frequently and hampered robot production. Volatility brought on by the second and third waves of the new coronavirus has hindered the expansion of the spine surgical robots market.

Key Target Audience
  • Healthcare Providers
  • Medical Device Manufacturers
  • Regulatory Agencies
  • Investors and Financial Institutions
  • Research and Academic Institutions
  • Patients and Patient Advocacy Groups
  • Healthcare Technology Developers
  • Government Healthcare Agencies
Our in-depth analysis of the Spine Surgery Robots Market includes the following segments:
By Product:
  • System
  • Accessories
  • Consumables
  • By Method:
  • Minimally invasive surgery
  • Open Surgery
  • By Approach:
  • Anterior
  • Posterior
  • Lateral
  • By Condition:
  • Degenerative disc disease
  • Disc herniation
  • Fractures
  • Tumours
  • Infections
  • Instability
  • Deformity
  • By Application:
  • Laminectomy
  • Spinal fusion
  • Forminatomy
  • interlaminar implant
  • Artificial disc replacement
  • Anterior cervical discectomy
  • Epidural lysis of adhesions
  • Laminotomy
  • Ollif
  • Percutaneous vertebroplasty
  • Chronic back pain
  • Key Topics Covered in the Report
    • Global Spine Surgery Robots Market Size (FY’2024-FY’2033)
    • Overview of Global Spine Surgery Robots Market
    • Segmentation of Global Spine Surgery Robots Market By Product (System, Accessories, Consumables)
    • Segmentation of Global Spine Surgery Robots Market By Method (Minimally invasive, surgery, Open Surgery)
    • Segmentation of Global Spine Surgery Robots Market By Approach (Anterior, Posterior, Lateral)
    • Segmentation of Global Spine Surgery Robots Market By Condition (degenerative disc disease, disc herniation, fractures, tumors, infections, instability, deformity)
    • Segmentation of Global Spine Surgery Robots Market By Application (laminectomy, spinal fusion, forminatomy, interlaminar implant, artificial disc replacement, anterior cervical discectomy, epidural lysis of adhesions, laminotomy, ollif, percutaneous, vertebroplasty, chronic back pain, Spinal stenosis)
    • Statistical Snap of Global Spine Surgery Robots Market
    • Expansion Analysis of Global Spine Surgery Robots Market
    • Problems and Obstacles in Global Spine Surgery Robots Market
    • Competitive Landscape in the Global Spine Surgery Robots Market
    • Impact of COVID-19 and Demonetization on Global Spine Surgery Robots Market
    • Details on Current Investment in Global Spine Surgery Robots Market
    • Competitive Analysis of Global Spine Surgery Robots Market
    • Prominent Players in the Global Spine Surgery Robots Market
    • SWOT Analysis of Global Spine Surgery Robots Market
    • Global Spine Surgery Robots Market Future Outlook and Projections (FY’2024-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Global Spine Surgery Robots Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Global Spine Surgery Robots Market Manufacturing Base Distribution, Sales Area, Ingredients 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Spine Surgery Robots Market  

    7. Global Spine Surgery Robots Market, By Product (USD Million)
    7.1. Global Spine Surgery Robots Market Value Share and Forecast, By Product 2024-2033
    7.2. System
    7.3. Accessories
    7.4. Consumables

    8. Global Spine Surgery Robots Market, By Method (USD Million)
    8.1. Global Spine Surgery Robots Market Value Share and Forecast, By Method 2024-2033
    8.2. Minimally invasive surgery
    8.3. Open Surgery

    9. Global Spine Surgery Robots Market, By Approach (USD Million)
    9.1. Global Spine Surgery Robots Market Size Value Share and Forecast, By Approach 2024-2033
    9.2. Anterior
    9.3. Posterior
    9.4. Lateral

    10. Global Spine Surgery Robots Market, By Condition (USD Million)
    10.1. Global Spine Surgery Robots Market Size Value Share and Forecast, By Condition 2024-2033
    10.2. degenerative disc disease 
    10.3. disc herniation
    10.4. fractures 
    10.5. tumors 
    10.6. infections
    10.7. instability
    10.8. deformity

    11. Global Spine Surgery Robots Market, By Application (USD Million)
    11.1. Global Spine Surgery Robots Market Size Value Share and Forecast, By Application2024-2033
    11.2. laminectomy
    11.3. spinal fusion 
    11.4. forminatomy
    11.5. interlaminar implant
    11.6. artificial disc replacement
    11.7. anterior cervical discectomy 
    11.8. epidural lysis of adhesions 
    11.9. laminotomy 
    11.10. ollif 
    11.11. percutaneous vertebroplasty
    11.12. chronic back pain
    11.13. Spinal stenosis

    12. Global Spine Surgery Robots Market, Forecast, 2020-2033 (USD Million)
    12.1. Global Spine Surgery Robots Market Size and Market Share

    13. Global Spine Surgery Robots Market, By Product 2020-2033 (USD Million)
    13.1. Global Spine Surgery Robots Market Size and Market Share, By Product (2020-2026)
    13.2. Global Spine Surgery Robots Market Size and Market Share, By Product (2027-2033)

    14. Global Spine Surgery Robots Market, By Method 2020-2033 (USD Million)
    14.1. Global Spine Surgery Robots Market Size and Market Share, By Method (2020-2026)
    14.2. Global Spine Surgery Robots Market Size and Market Share, By Method (2027-2033) 

    15. Global Spine Surgery Robots Market, By Approach 2020-2033 (USD Million)
    15.1. Global Spine Surgery Robots Market Size and Market Share, By Approach (2020-2026)
    15.2. Global Spine Surgery Robots Market Size and Market Share, By Approach (2027-2033)

    16. Global Spine Surgery Robots Market, By Condition 2020-2033 (USD Million)
    16.1. Global Spine Surgery Robots Market Size and Market Share, By Condition (2020-2026)
    16.2. Global Spine Surgery Robots Market Size and Market Share, By Condition (2027-2033)

    17. Global Spine Surgery Robots Market, By Application 2020-2033 (USD Million)
    17.1. Global Spine Surgery Robots Market Size and Market Share, By Application (2020-2026)
    17.2. Global Spine Surgery Robots Market Size and Market Share, By Application (2027-2033)

    18. Global Spine Surgery Robots Market, By Region, 2020-2033 (USD Million)
    18.1. Global Spine Surgery Robots Market Size and Market Share, By Region (2020-2026)
    18.2. Global Spine Surgery Robots Market Size and Market Share, By Region (2027-2033) 
    18.3. Asia-Pacific
    18.3.1. Australia
    18.3.2. China
    18.3.3. India
    18.3.4. Japan
    18.3.5. South Korea
    18.3.6. Rest of Asia-Pacific
    18.4. Europe
    18.4.1. France
    18.4.2. Germany
    18.4.3. Italy
    18.4.4. Spain
    18.4.5. United Kingdom
    18.4.6. Rest of Europe
    18.5. Middle East and Africa
    18.5.1. Kingdom of Saudi Arabia 
    18.5.2. United Arab Emirates
    18.5.3. Rest of Middle East & Africa
    18.6. North America
    18.6.1. Canada
    18.6.2. Mexico
    18.6.3. United States
    18.7. Latin America
    18.7.1. Argentina
    18.7.2. Brazil
    18.7.3. Rest of Latin America 

    19. Company Profile
    19.1. AM HEALTHCARE TECHNOLOGY
    19.1.1. Company details
    19.1.2. Financial outlook
    19.1.3. Product summary 
    19.1.4. Recent developments
    19.2. Brainlab AG
    19.2.1. Company details
    19.2.2. Financial outlook
    19.2.3. Product summary 
    19.2.4. Recent developments
    19.3. Deevita LLC
    19.3.1. Company details
    19.3.2. Financial outlook
    19.3.3. Product summary 
    19.3.4. Recent developments
    19.4. GENERAL ELECTRIC COMPANY
    19.4.1. Company details
    19.4.2. Financial outlook
    19.4.3. Product summary 
    19.4.4. Recent developments
    19.5. Globus Medical
    19.5.1. Company details
    19.5.2. Financial outlook
    19.5.3. Product summary 
    19.5.4. Recent developments
    19.6. IBM
    19.6.1. Company details
    19.6.2. Financial outlook
    19.6.3. Product summary 
    19.6.4. Recent developments
    19.7. Intuitive Surgical
    19.7.1. Company details
    19.7.2. Financial outlook
    19.7.3. Product summary 
    19.7.4. Recent developments
    19.8. Johnson and Johnson Services, Inc.
    19.8.1. Company details
    19.8.2. Financial outlook
    19.8.3. Product summary 
    19.8.4. Recent developments
    19.9. Medtech SA
    19.9.1. Company details
    19.9.2. Financial outlook
    19.9.3. Product summary 
    19.9.4. Recent developments
    19.10. Medtronic
    19.10.1. Company details
    19.10.2. Financial outlook
    19.10.3. Product summary 
    19.10.4. Recent developments
    19.11. NuVasive, Inc.
    19.11.1. Company details
    19.11.2. Financial outlook
    19.11.3. Product summary 
    19.11.4. Recent developments
    19.12. OSP Labs
    19.12.1. Company details
    19.12.2. Financial outlook
    19.12.3. Product summary 
    19.12.4. Recent developments
    19.13. Smith and Nephew
    19.13.1. Company details
    19.13.2. Financial outlook
    19.13.3. Product summary 
    19.13.4. Recent developments
    19.14. Others
     
    20. List of Abbreviations

    21. Reference Links

    22. Conclusion

    23. Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Spine Surgery Robots Market is projected to reach USD 685.92 million by 2033, growing at a CAGR of 14.27% during the forecast period.
    Spine Surgery Robots Market grew in Market size from 2022. The Market is expected to reach USD 685.92 million by 2033, at a CAGR of 14.27% during the forecast period.
    Spine Surgery Robots Market CAGR of 14.27% during the forecast period.
    You can get the sample pages by clicking the link - Click Here
    Spine Surgery Robots Market size is USD 685.92 million from 2024 to 2033.
    Spine Surgery Robots Market Segment is covered By Product, By Method, By Approach, By Condition, By Application.
    The North America is anticipated to have the highest Market share in the Spine Surgery Robots Market.
    The key players in the Market include Companies Covered Medtronic, Zimmer Biomet, Medtech SA, Globus Medical, TINAVI Medical., Stryker, Intuitive Surgical., NuVasive, Inc., Smith and Nephew, Johnson and Johnson Services, Inc., Brainlab AG, Orion Health group of companies, OSP Labs, AM HEALTHCARE TECHNOLOGY, Deevita LLC, GENERAL ELECTRIC COMPANY, and IBM
    Spine surgery Medical robots let surgeons carry out intricate spine surgeries including disc replacement and spinal fusion.
    Not able to find what you are looking for? Need customization in the existing report?
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