Europe Neurosurgical Robotics Market 2022-2032 by Offering (Robotic Systems, Instruments and Accessories, Services), Equipment Type (Robot Machines, Navigation, Planners and Simulators, Others), Application (Spinal, Cranial), Surgery Type (Open, MIS), End User (Hospitals, ASCs, Others), and Country: Trend Forecast and Growth Opportunity
Europe neurosurgical robotics market was valued at $332.8 million in 2022 and will grow by 16.9% annually over 2022-2032, driven by the rising number of robot-based and computer-assisted neurosurgical procedures, the advantages of neurosurgical robots, technological innovation and growing R&D investment, and the decreasing price of neurosurgical robotics.
Highlighted with 49 tables and 46 figures, this 119-page report “Europe Neurosurgical Robotics Market 2022-2032 by Offering (Robotic Systems, Instruments and Accessories, Services), Equipment Type (Robot Machines, Navigation, Planners and Simulators, Others), Application (Spinal, Cranial), Surgery Type (Open, MIS), End User (Hospitals, ASCs, Others), and Country: Trend Forecast and Growth Opportunity” 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 2020-2022 and provides forecast from 2023 till 2032 with 2022 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 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe neurosurgical robotics market in every aspect of the classification from perspectives of Offering, Equipment Type, Application, Surgery Type, End User, and Country.
Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 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 ($ mn) for 2022-2032 included in each section.
• Robot Machines
• Navigation Systems
• Planners and Simulators
• Other Equipment Types
By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Spinal Surgery
• Cranial Surgery
By Surgery Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Open Surgery
• Minimally Invasive Surgery (MIS)
By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Other End Users
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 ($ mn) are available for 2022-2032. The breakdown of national markets by Offering, Application, and End User over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
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 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 43
3 Segmentation of Europe Market by Offering 47
3.1 Market Overview by Offering 47
3.2 Robotic Systems 49
3.3 Instruments and Accessories 50
3.4 System Services 51
4 Segmentation of Europe Market by Equipment Type 52
4.1 Market Overview by Equipment Type 52
4.2 Robot Machines 54
4.3 Navigation Systems 55
4.4 Planners and Simulators 56
4.5 Other Equipment Types 57
5 Segmentation of Europe Market by Application 58
5.1 Market Overview by Application 58
5.2 Spinal Surgery 60
5.3 Cranial Surgery 61
6 Segmentation of Europe Market by Surgery Type 62
6.1 Market Overview by Surgery Type 62
6.2 Open Surgery 64
6.3 Minimally Invasive Surgery (MIS) 65
7 Segmentation of Europe Market by End User 66
7.1 Market Overview by End User 66
7.2 Hospitals 68
7.3 Ambulatory Surgical Centers (ASCs) 69
7.4 Other End Users 70
8 European Market 2022-2032 by Country 71
8.1 Overview of European Market 71
8.2 Germany 74
8.3 U.K. 76
8.4 France 78
8.5 Spain 80
8.6 Italy 82
8.7 Russia 84
8.8 Rest of European Market 86
9 Competitive Landscape 88
9.1 Overview of Key Vendors 88
9.2 New Product Launch, Partnership, Investment, and M&A 92
9.3 Company Profiles 93
Brainlab AG 93
DePuy Synthes (Johnson & Johnson) 95
Mazor Robotics Ltd. 98
Medtronic Inc. 99
Renishaw plc 102
Shenzhen Institutes of Advanced Technology (SIAT) 104
Siemens Healthineers 105
Simbionix USA Corp. 108
SONOWAND AS 110
Stryker Corp. / MAKO 111
Synaptive Medical, Inc. 115
Zimmer Biomet Holdings, Inc. / Medtech 116
RELATED REPORTS 119
List of Tables:
Table 1. Snapshot of Europe Neurosurgical Robotics Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. Scenarios for Economic Impact of Ukraine Crisis 27
Table 5. World Health Spending by Region, $ bn, 2013-2020 34
Table 6. Main Product Trends and Market Opportunities in Europe Neurosurgical Robotics Market 39
Table 7. Europe Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 47
Table 8. Europe Neurosurgical Robotics Market by Equipment Type, 2022-2032, $ mn 52
Table 9. Europe Neurosurgical Robotics Market by Application, 2022-2032, $ mn 58
Table 10. Europe Neurosurgical Robotics Market by Surgery Type, 2022-2032, $ mn 62
Table 11. Europe Neurosurgical Robotics Market by End User, 2022-2032, $ mn 66
Table 12. Europe Neurosurgical Robotics Market by Country, 2022-2032, $ mn 73
Table 13. Germany Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 75
Table 14. Germany Neurosurgical Robotics Market by Application, 2022-2032, $ mn 75
Table 15. Germany Neurosurgical Robotics Market by End User, 2022-2032, $ mn 75
Table 16. U.K. Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 77
Table 17. U.K. Neurosurgical Robotics Market by Application, 2022-2032, $ mn 77
Table 18. U.K. Neurosurgical Robotics Market by End User, 2022-2032, $ mn 77
Table 19. France Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 79
Table 20. France Neurosurgical Robotics Market by Application, 2022-2032, $ mn 79
Table 21. France Neurosurgical Robotics Market by End User, 2022-2032, $ mn 79
Table 22. Spain Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 81
Table 23. Spain Neurosurgical Robotics Market by Application, 2022-2032, $ mn 81
Table 24. Spain Neurosurgical Robotics Market by End User, 2022-2032, $ mn 81
Table 25. Italy Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 83
Table 26. Italy Neurosurgical Robotics Market by Application, 2022-2032, $ mn 83
Table 27. Italy Neurosurgical Robotics Market by End User, 2022-2032, $ mn 83
Table 28. Russia Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 85
Table 29. Russia Neurosurgical Robotics Market by Application, 2022-2032, $ mn 85
Table 30. Russia Neurosurgical Robotics Market by End User, 2022-2032, $ mn 85
Table 31. Neurosurgical Robotics Market in Rest of Europe by Country, 2022-2032, $ mn 87
Table 32. Product Offering of Key Neurosurgical Robotics Vendors 90
Table 33. Brainlab AG: Company Snapshot 93
Table 34. Brainlab AG: Business Segmentation 94
Table 35. Brainlab AG: Product Portfolio 94
Table 36. Medtronic Inc.: Company Snapshot 99
Table 37. Medtronic Inc.: Net Revenue by Segment, 2018-2020, $ bn 100
Table 38. Medtronic Inc.: Net Revenue by Region, 2017-2019, $ bn 100
Table 39. Renishaw plc: Company Snapshot 102
Table 40. Renishaw plc: Net Revenue by Segment, 2018-2020, $ mn 103
Table 41. Renishaw plc: Net Revenue by Region, 2017-2019, $ mn 103
Table 42. Siemens Healthineers: Company Snapshot 105
Table 43. Stryker Corp.: Company Snapshot 111
Table 44. Stryker Corp.: Net Revenue by Segment, 2017-2019, $ bn 112
Table 45. Stryker Corp.: Net Revenue by Region, 2017-2019, $ bn 112
Table 46. Synaptive Medical, Inc.: Company Snapshot 115
Table 47. Zimmer Biomet Holdings, Inc.: Company Snapshot 116
Table 48. Zimmer Biomet Holdings, Inc.: Business Segments 117
Table 49. Zimmer Biomet Holdings, Inc.: Product Portfolio 117List of Figures:
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. Europe Neurosurgical Robotics Market, 2022-2032, $ mn 20
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of Europe Neurosurgical Robotics Market 30
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 33
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 33
Figure 9. Primary Restraints and Impact Factors of Europe Neurosurgical Robotics Market 36
Figure 10. Investment Opportunity Analysis 40
Figure 11. Porter’s Fiver Forces Analysis of Europe Neurosurgical Robotics Market 43
Figure 12. Breakdown of Europe Neurosurgical Robotics Market by Offering, 2022-2032, % of Revenue 48
Figure 13. Europe Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 48
Figure 14. Europe Neurosurgical Robotics Market by Offering: Robotic Systems, 2022-2032, $ mn 49
Figure 15. Europe Neurosurgical Robotics Market by Offering: Instruments and Accessories, 2022-2032, $ mn 50
Figure 16. Europe Neurosurgical Robotics Market by Offering: System Services, 2022-2032, $ mn 51
Figure 17. Breakdown of Europe Neurosurgical Robotics Market by Equipment Type, 2022-2032, % of Sales Revenue 53
Figure 18. Europe Addressable Market Cap in 2023-2032 by Equipment Type, Value ($ mn) and Share (%) 53
Figure 19. Europe Neurosurgical Robotics Market by Equipment Type: Robot Machines, 2022-2032, $ mn 54
Figure 20. Europe Neurosurgical Robotics Market by Equipment Type: Navigation Systems, 2022-2032, $ mn 55
Figure 21. Europe Neurosurgical Robotics Market by Equipment Type: Planners and Simulators, 2022-2032, $ mn 56
Figure 22. Europe Neurosurgical Robotics Market by Equipment Type: Other Equipment Types, 2022-2032, $ mn 57
Figure 23. Breakdown of Europe Neurosurgical Robotics Market by Application, 2022-2032, % of Sales Revenue 59
Figure 24. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 59
Figure 25. Europe Neurosurgical Robotics Market by Application: Spinal Surgery, 2022-2032, $ mn 60
Figure 26. Europe Neurosurgical Robotics Market by Application: Cranial Surgery, 2022-2032, $ mn 61
Figure 27. Breakdown of Europe Neurosurgical Robotics Market by Surgery Type, 2022-2032, % of Revenue 63
Figure 28. Europe Addressable Market Cap in 2023-2032 by Surgery Type, Value ($ mn) and Share (%) 63
Figure 29. Europe Neurosurgical Robotics Market by Surgery Type: Open Surgery, 2022-2032, $ mn 64
Figure 30. Europe Neurosurgical Robotics Market by Surgery Type: Minimally Invasive Surgery (MIS), 2022-2032, $ mn 65
Figure 31. Breakdown of Europe Neurosurgical Robotics Market by End User, 2022-2032, % of Revenue 67
Figure 32. Europe Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 67
Figure 33. Europe Neurosurgical Robotics Market by End User: Hospitals, 2022-2032, $ mn 68
Figure 34. Europe Neurosurgical Robotics Market by End User: Ambulatory Surgical Centers (ASCs), 2022-2032, $ mn 69
Figure 35. Europe Neurosurgical Robotics Market by End User: Other End Users, 2022-2032, $ mn 70
Figure 36. Breakdown of European Neurosurgical Robotics Market by Country, 2022 and 2032, % of Revenue 72
Figure 37. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 73
Figure 38. Neurosurgical Robotics Market in Germany, 2022-2032, $ mn 74
Figure 39. Neurosurgical Robotics Market in U.K., 2022-2032, $ mn 76
Figure 40. Neurosurgical Robotics Market in France, 2022-2032, $ mn 78
Figure 41. Neurosurgical Robotics Market in Spain, 2022-2032, $ mn 80
Figure 42. Neurosurgical Robotics Market in Italy, 2022-2032, $ mn 82
Figure 43. Neurosurgical Robotics Market in Russia, 2022-2032, $ mn 84
Figure 44. Neurosurgical Robotics Market in Rest of Europe, 2022-2032, $ mn 86
Figure 45. Growth Stage of Europe Neurosurgical Robotics Industry over the Forecast Period 88
Figure 46. SWOT Analysis of MAKO Surgical Corp. 114
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) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
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.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
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
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|