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South & Central America Neurosurgical Robotics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component , Application , Surgery Type, and End User

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    Report

  • 150 Pages
  • November 2022
  • The Insight Partners
  • ID: 5701545
UP TO OFF until Jun 30th 2024
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.

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 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.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 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 Publisher
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
List of Figures
Figure 1. SAM Neurosurgical Robotics Market Segmentation
Figure 2. SAM Neurosurgical Robotics Market, By Country
Figure 3. SAM Neurosurgical Robotics Market Overview
Figure 4. Minimally Invasive Segment Held Largest Share in SAM Neurosurgical Robotics Market
Figure 5. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 7. SAM: PEST Analysis
Figure 8. Experts Opinion
Figure 9. Impact Analysis of Drivers and Restraints on SAM Neurosurgical Robotics Market
Figure 1. SAM Neurosurgical Robotics Market - Revenue Forecasts and Analysis - 2019- 2028
Figure 1. SAM Neurosurgical Robotics Market, by Component Type, 2021 & 2028 (%)
Figure 1. SAM Equipment/System Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. SAM Robot Machines Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. SAM Navigation System Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. SAM Planners and Simulators Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. SAM Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. SAM Accessories Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. SAM Services Market Revenue and Forecast to 2028 (US$ Million)
Figure 1. SAM Neurosurgical Robotics Market, by Application Type, 2021 & 2028 (%)
Figure 20. Spinal Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Laminectomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Discectomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. SAM Spinal Fusion Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Disc Replacement Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM Foraminotomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. SAM Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. SAM Cranial Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. SAM Craniotomy Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. SAM Brain Biopsy Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. SAM Thermal Ablation of Seizure Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. SAM Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. SAM Neurosurgical Robotics Market, by Surgery Type, 2021 & 2028 (%)
Figure 33. SAM Minimally Invasive Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. SAM Open Surgery Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. SAM Neurosurgical Robotics Market, by End-Users, 2021 & 2028 (%)
Figure 36. SAM Hospital Market Revenue and Forecast to 2028 (US$ Million)
Figure 37. SAM Specialty Clinics Market Revenue and Forecast to 2028 (US$ Million)
Figure 38. SAM Other Miscellaneous End-Users Market Revenue and Forecast to 2028 (US$ Million)
Figure 39. SAM: Neurosurgical Robotics Market, by Key Country - Revenue (2022) (US$ Million)
Figure 40. SAM: Neurosurgical Robotics Market, by Country, 2021 & 2028 (%)
Figure 41. Brazil: Neurosurgical Robotics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. Argentina: Neurosurgical Robotics Market - Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of SAM: Neurosurgical Robotics Market - Revenue and Forecast to 2028 (US$ Million)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Accuray Incorporated
  • B. Braun Melsungen Ag
  • Brainlab Ag
  • Globus Medical, Inc.
  • Medtronic; Nuvasive, Inc.
  • Nuvasive, Inc.
  • Renishaw Plc
  • Zimmer Biomet

Table Information