Spine surgery robots help surgeons perform minimally invasive spine surgeries with greater precision and accuracy compared to conventional open surgeries. Key functions of spine surgery robots include automated surgical setup, incision creation, remote navigation inside the patient's body, and spinal implants insertion. The growing necessity to reduce postoperative recovery time and complications coupled with rising preference for minimally invasive techniques is expected to drive the demand for spine surgery robots.
The Global Spine Surgery Robots Market Demand is estimated to be valued at US$ 223.8 Mn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031.
The increasing prevalence of spinal disorders such as herniated discs, degenerative disc disease, spinal stenosis and trauma injuries is one of the major factors augmenting market growth. Spine surgery robots offer surgeons improved dexterity, ergonomics and 3D visualizations, which result in less invasive surgeries and faster patient recovery.
Key Takeaways
Key Players: Key players operating in the spine surgery robots market are Intuitive Surgical Operations, Inc., Medtronic, Zimmer Biomet, Stryker, NuVasive, Renishaw, CoreLink Surgical, Titan Medical, Synaptive Medical, Curexo Technology Corporation, TransEnterix, THINK Surgical, Accuray, OMNI, Medacta, Globus Medical, Homedics, and Glanbia PLC. Intuitive Surgical Inc dominates the market with its flagship product da Vinci Surgical System.
Key Opportunities: Increasing adoption of robotic assisted spine surgeries in countries like China, India and Brazil due to growing medical tourism and rising healthcare investments creates growth opportunities for players. Advanced technologies such as artificial intelligence and augmented reality can further enhance precision and autonomy of spine surgery robots.
Global Expansion: Leading companies are expanding globally through acquisitions and new product launches to strengthen their market position. For instance, Medtronic acquired Mazor Robotics to enhance its surgical robots portfolio. While Zimmer Biomet launched the Rosa robot for minimally invasive spine surgeries.
Market Drivers:
Rising prevalence of spine disorders: Increasing incidence of degenerative spine diseases like spinal stenosis and disc herniation owing to sedentary lifestyle and growing geriatric population is a major market driver.
Advantages of robotic assisted minimally invasive surgeries: Spine surgery robots offer advantages like greater accuracy, flexible multi-jointed arms, 3D high definition visualization and reduced risk of infections and blood loss compared to open surgeries.
Market Restraints:
High costs associated with robotic systems: Hefty price tags of robotic surgical systems, maintenance costs, training requirement for surgeons are some factors limiting widespread adoption, especially in low and middle-income countries.
Lack of long term outcome studies: More long term clinical researches are needed to demonstrate tangible benefits of robotic surgeries over traditional procedures in terms of clinical outcomes, recovery times and costs to sway more surgeons.
Segment Analysis
The spine surgery robots market is dominating by neurosurgery segment where robots are widely used for minimally invasive neurosurgical procedures such as vertebroplasty, kyphoplasty, and tumor biopsies. This segment is dominating due to growing adoption of robot-assisted spine surgeries for intricate neurosurgerical procedures in place of open invasive surgeries which reduces recovery time and post-operative complications for patients. Orthopedic surgery segment is also growing in its application as robots are equipped with advanced imaging modalities like intraoperative CT and navigation systems enabling surgeons to perform complex spinal reconstruction and fusion surgeries precisely.
Global Analysis
North America dominates the global spine surgery robots market with the highest revenue share. This is attributed to the higher adoption of advanced spine surgical devices and robotic technologies across hospitals and ambulatory surgical centers in the region. Moreover, presence of leading spine surgery robot manufacturers and favorable reimbursement policies for robot-assisted surgeries drive the market growth. Asia Pacific is projected to witness fastest growth during the forecast period. Factors such as increasing healthcare expenditure, growing target population with spine disorders, rising medical tourism, and efforts by market players to expand their presence in emerging Asian economies boost the regional market.
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