South & Central America Neurosurgical Robotics Market Forecast to 2028

Report Code : BMIRE00027526 | Region : LAMEA | Industry : Medical Device | Published Date : 21/Nov/2022
South & Central America 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)

The neurosurgical robotics market in South & Central America is expected to grow from US$ 122.23 million in 2022 to US$ 281.88 million by 2028. It is estimated to grow at a CAGR of 14.9% 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 South & Central America neurosurgical robotics market is segmented into Brazil, Argentina, and the Rest of South & Central America. The region held the smallest portion of the market in the global analysis. The neurosurgical robotics market in South & Central America is expected to grow owing to factors such as increasing adoption of robotics for neurosurgeries in the region, surge in various research activities in the region, growing geriatric population, and rising healthcare expenditure by the countries of the region. Brazil is the fifth largest country worldwide by area and population. Brazil has made huge strides in the healthcare sector owing to increasing healthcare expenditure. For instance, Brazil's healthcare spending per capita in the year 2017 was US$ 935, which is a 16.71% increase from the previous year's spending. Also, in 2018, the health expenditure share of GDP in Brazil was 9.5%, and it increased from 8.1% in 2004 to 9.5% in 2018 growing at an average annual rate of 1.18%. The growth in healthcare spending results in providing better care for patients in the country by launching awareness programs for disease treatment, and better treatment facilities, among others. It is experiencing the fastest demographic aging expected to serve wider growth opportunities for the neurosurgical robotics market. Thus, an increase in healthcare spending across the country is also expected to fuel the market growth during the forecast period.

South & Central America Neurosurgical Robotics Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Neurosurgical Robotics Market Segmentation

The South & Central America neurosurgical robotics market is segmented into component, application, surgery type, end user, and country.

Based on component, the South & Central America 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 South & Central America 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 likely to hold the largest share of the market, by application.

The South & Central America 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 South & Central America 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 Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the market share in 2022. Accuray Incorporated; B. Braun Melsungen AG; Brainlab AG; 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.

The List of Companies - South & Central America Neurosurgical Robotics Market

● Accuray Incorporated

● B. Braun Melsungen AG

● Brainlab AG

● Globus Medical, Inc.

● Medtronic; NuVasive, Inc.

● NuVasive, Inc.

● Renishaw plc

● Zimmer Biomet

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 SAM Neurosurgical Robotics Market – By Component Type

1.3.2 SAM Neurosurgical Robotics Market – By Application

1.3.3 SAM Neurosurgical Robotics Market – By Surgery Type

1.3.4 SAM Neurosurgical Robotics Market – By End-User Type

1.3.5 SAM Neurosurgical Robotics Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Neurosurgical Robotics Market – Market Landscape

4.1 Overview

4.2 SAM PEST Analysis

4.3 Experts Opinion

5. SAM 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– SAM Analysis

6.1 SAM Neurosurgical Robotics Market Revenue Forecasts and Analysis

6.1.1 Overview

7. SAM Neurosurgical Robotics Market Analysis – By Component Type

7.1 Overview

7.2 SAM 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. SAM Neurosurgical Robotics Market Analysis – By Application

8.1 Overview

8.2 SAM 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. SAM Neurosurgical Robotics Market Analysis – By Surgery Type

9.1 Overview

9.2 SAM 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. SAM Neurosurgical Robotics Market Analysis – By End-Users

10.1 Overview

10.2 SAM 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. SAM Neurosurgical Robotics Market – Country Analysis

11.1 Overview

11.1.1 SAM: Neurosurgical Robotics Market, by Country, 2021 & 2028 (%)

11.1.1.1 Brazil: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Overview

11.1.1.1.2 Brazil: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.3 Brazil: Neurosurgical Robotics Market, by Component type, 2019–2028 (US$ Million)

11.1.1.1.3.1 Brazil: Neurosurgical Robotics Market, by Equipment/System type, 2019–2028 (US$ Million)

11.1.1.1.4 Brazil: Neurosurgical Robotics Market, by Application, 2019–2028 (US$ Million)

11.1.1.1.4.1 Brazil: Neurosurgical Robotics Market, by Spinal type, 2019–2028 (US$ Million)

11.1.1.1.4.2 Brazil: Neurosurgical Robotics Market, by Cranial type, 2019–2028 (US$ Million)

11.1.1.1.5 Brazil: Neurosurgical Robotics Market, by Surgery Type, 2019–2028 (US$ Million)

11.1.1.1.6 Brazil: Neurosurgical Robotics Market, by End-Users, 2019–2028 (US$ Million)

11.1.1.2 Argentina: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Overview

11.1.1.2.2 Argentina: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.3 Argentina: Neurosurgical Robotics Market, by Component type, 2019–2028 (US$ Million)

11.1.1.2.3.1 Argentina: Neurosurgical Robotics Market, by Equipment/System type, 2019–2028 (US$ Million)

11.1.1.2.4 Argentina: Neurosurgical Robotics Market, by Application, 2019–2028 (US$ Million)

11.1.1.2.4.1 Argentina: Neurosurgical Robotics Market, by Spinal type, 2019–2028 (US$ Million)

11.1.1.2.4.2 Argentina: Neurosurgical Robotics Market, by Cranial type, 2019–2028 (US$ Million)

11.1.1.2.5 Argentina: Neurosurgical Robotics Market, by Surgery Type, 2019–2028 (US$ Million)

11.1.1.2.6 Argentina: Neurosurgical Robotics Market, by End-Users, 2019–2028 (US$ Million)

11.1.1.3 Rest of SAM: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Overview

11.1.1.3.2 Rest of SAM: Neurosurgical Robotics Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.3 Rest of SAM: Neurosurgical Robotics Market, by Component type, 2019–2028 (US$ Million)

11.1.1.3.3.1 Rest of SAM: Neurosurgical Robotics Market, by Equipment/System type, 2019–2028 (US$ Million)

11.1.1.3.4 Rest of SAM: Neurosurgical Robotics Market, by Application, 2019–2028 (US$ Million)

11.1.1.3.4.1 Rest of SAM: Neurosurgical Robotics Market, by Spinal type, 2019–2028 (US$ Million)

11.1.1.3.4.2 Rest of SAM: Neurosurgical Robotics Market, by Cranial type, 2019–2028 (US$ Million)

11.1.1.3.5 Rest of SAM: Neurosurgical Robotics Market, by Surgery Type, 2019–2028 (US$ Million)

11.1.1.3.6 Rest of SAM: Neurosurgical Robotics Market, by End-Users, 2019–2028 (US$ Million)

12. Company Profiles

12.1 Brainlab AG

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Medtronic

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Renishaw plc

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Zimmer Biomet

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Globus Medical, Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 NuVasive, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Accuray Incorporated

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 B. Braun Melsungen AG

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. Brazil Neurosurgical Robotics Market, by Component type – Revenue and Forecast to 2028 (US$ Million)

Table 2. Brazil Neurosurgical Robotics Market, by Equipment/System type – Revenue and Forecast to 2028 (US$ Million)

Table 3. Brazil Neurosurgical Robotics Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. Brazil Neurosurgical Robotics Market, by Spinal type – Revenue and Forecast to 2028 (US$ Million)

Table 5. Brazil Neurosurgical Robotics Market, by Cranial type – Revenue and Forecast to 2028 (US$ Million)

Table 6. Brazil Neurosurgical Robotics Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. Brazil Neurosurgical Robotics Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 8. Argentina Neurosurgical Robotics Market, by Component type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Argentina Neurosurgical Robotics Market, by Equipment/System type – Revenue and Forecast to 2028 (US$ Million)

Table 10. Argentina Neurosurgical Robotics Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Argentina Neurosurgical Robotics Market, by Spinal type – Revenue and Forecast to 2028 (US$ Million)

Table 12. Argentina Neurosurgical Robotics Market, by Cranial type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Argentina Neurosurgical Robotics Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

Table 14. Argentina Neurosurgical Robotics Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 15. Rest of SAM Neurosurgical Robotics Market, by Component type – Revenue and Forecast to 2028 (US$ Million)

Table 16. Rest of SAM Neurosurgical Robotics Market, by Equipment/System type – Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of SAM Neurosurgical Robotics Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest if SAM Neurosurgical Robotics Market, by Spinal type – Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of SAM Neurosurgical Robotics Market, by Cranial type – Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of SAM Neurosurgical Robotics Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. Rest of SAM Neurosurgical Robotics Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 22. Glossary of Terms, SAM Neurosurgical Robotics Market

The List of Companies - South & Central America Neurosurgical Robotics Market

● Accuray Incorporated

● B. Braun Melsungen AG

● Brainlab AG

● Globus Medical, Inc.

● Medtronic; NuVasive, Inc.

● NuVasive, Inc.

● Renishaw plc

● Zimmer Biomet

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South & Central America 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 South & Central America 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 South & Central America 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

AVAILABLE CUSTOMIZATION RESEARCH METHODOLOGY REQUEST FOR TOC FREE SAMPLE REPORT
CHOOSE LICENCE TYPE
(South & Central America Neurosurgical Robotics Market Forecast to 2028)
  • Single User Price $3,000$2,400
  • Site Price $4,000$3,200
  • Enterprise Price $5,000$4,000
Buy Now Add to Cart
REQUEST FOR TOC
SPEAK TO ANALYST
FREE SAMPLE
REPORT
INQUIRE BEFORE
BUYING
TOP
Quick Enquiry