Europe Neurosurgical Robotics Market 2020-2027 by Product, Equipment Type, End User and Country: Market Size, Share, Forecast and Strategy
Robotic neurosurgery is a fast-growing technology owing to several advantages over the traditional neurology surgery such as better outcomes, increased accuracy, sooner recovery, shorter hospital stay among others.
Europe neurosurgical robotics market accounted for $165.6 million in 2020 and will grow by 16.5% annually over 2020-2027 owing to the growing incidents of neurological diseases, aging population, the improved benefits with robotics-based procedures, and decreasing price of robot-assisted neurology surgery.
Highlighted with 44 tables and 37 figures, this 112-page report “Europe Neurosurgical Robotics Market 2020-2027 by Product, Equipment Type, End User and Country: Market Size, Share, Forecast and Strategy” is based on a comprehensive research of the entire Europe neurosurgical robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe neurosurgical robotics market in every aspect of the classification from perspectives of Product, Equipment Type, End User, and Country.
Based on Product, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Robotic Systems
• Instruments and Accessories
• System Services
Based on Equipment Type, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Robot Machines
• Navigation Systems
• Planners and Simulators
• Other Equipment Types
Based on End User, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hospitals
• Ambulatory Surgical Centers
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of key national markets by Product, Equipment Type, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Europe neurosurgical robotics market and industry are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Brainlab AG
DePuy Synthes (Johnson & Johnson)
Mazor Robotics Ltd.
Medtronic Inc.
Renishaw plc
Shenzhen Institutes of Advanced Technology (SIAT)
Siemens Healthineers
Simbionix USA Corp.
SONOWAND AS
Stryker Corp. / MAKO
Synaptive Medical, Inc.
Zimmer Biomet Holdings, Inc. / Medtech
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 8
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 20
2.2 Major Growth Drivers 22
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Technology of Neurology Robotic Surgery 38
3.1 Stereotactic Biopsy 40
3.2 Craniotomy 41
3.3 Shunt 42
3.4 Deep Brain Stimulation 43
4 Segmentation of Europe Market by Product 44
4.1 Market Overview by Product 44
4.2 Robotic Systems 46
4.3 Instruments and Accessories 47
4.4 System Services 48
5 Segmentation of Europe Market by Equipment Type 49
5.1 Market Overview by Equipment Type 49
5.2 Robot Machines 51
5.3 Navigation Systems 52
5.4 Planners and Simulators 53
5.5 Other Equipment Types 54
6 Segmentation of Europe Market by End User 55
6.1 Market Overview by End User 55
6.2 Hospitals 57
6.3 Ambulatory Surgical Centers 58
7 European Market 2020-2027 by Country 59
7.1 Overview of European Market 59
7.2 UK 62
7.3 France 64
7.4 Germany 66
7.5 Spain 68
7.6 Italy 70
7.7 Russia 72
7.8 Rest of European Market 74
8 Competitive Landscape 76
8.1 Overview of Key Vendors 76
8.2 New Product Launch, Partnership, Investment, and M&A 80
8.3 Company Profiles 81
Brainlab AG 81
DePuy Synthes (Johnson & Johnson) 83
Mazor Robotics Ltd. 86
Medtronic Inc. 87
Renishaw plc 90
Shenzhen Institutes of Advanced Technology (SIAT) 92
Siemens Healthineers 93
Simbionix USA Corp. 95
SONOWAND AS 97
Stryker Corp. / MAKO 98
Synaptive Medical, Inc. 102
Zimmer Biomet Holdings, Inc. / Medtech 103
9 Investing in Europe Market: Risk Assessment and Management 106
9.1 Risk Evaluation of Europe Market 106
9.2 Critical Success Factors (CSFs) 109
RELATED REPORTS 112
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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