Global neurosurgical robotics market will reach $6.7 billion by 2032, growing by 17.2% 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 98 tables and 78 figures, this 174-page report “Global 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 Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global neurosurgical robotics market in every aspect of the classification from perspectives of Offering, Equipment Type, Application, Surgery Type, End User, and Region.

Based on Offering, the global 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 global 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 global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)

For each region and country, detailed analysis and data of annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market 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 10

1.1 Industry Definition and Research Scope 10

1.1.1 Industry Definition 10

1.1.2 Research Scope 11

1.2 Research Methodology 14

1.2.1 Overview of Market Research Methodology 14

1.2.2 Market Assumption 15

1.2.3 Secondary Data 15

1.2.4 Primary Data 15

1.2.5 Data Filtration and Model Design 16

1.2.6 Market Size/Share Estimation 17

1.2.7 Research Limitations 18

1.3 Executive Summary 19

2 Market Overview and Dynamics 22

2.1 Market Size and Forecast 22

2.1.1 Impact of COVID-19 on World Economy 23

2.1.2 Impact of COVID-19 on the Market 26

2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28

2.2 Major Growth Drivers 32

2.3 Market Restraints and Challenges 38

2.4 Emerging Opportunities and Market Trends 41

2.5 Porter’s Fiver Forces Analysis 45

3 Segmentation of Global Market by Offering 49

3.1 Market Overview by Offering 49

3.2 Robotic Systems 51

3.3 Instruments and Accessories 52

3.4 System Services 53

4 Segmentation of Global Market by Equipment Type 54

4.1 Market Overview by Equipment Type 54

4.2 Robot Machines 56

4.3 Navigation Systems 57

4.4 Planners and Simulators 58

4.5 Other Equipment Types 59

5 Segmentation of Global Market by Application 60

5.1 Market Overview by Application 60

5.2 Spinal Surgery 62

5.3 Cranial Surgery 63

6 Segmentation of Global Market by Surgery Type 64

6.1 Market Overview by Surgery Type 64

6.2 Open Surgery 66

6.3 Minimally Invasive Surgery (MIS) 67

7 Segmentation of Global Market by End User 68

7.1 Market Overview by End User 68

7.2 Hospitals 70

7.3 Ambulatory Surgical Centers (ASCs) 71

7.4 Other End Users 72

8 Segmentation of Global Market by Region 73

8.1 Geographic Market Overview 2022-2032 73

8.2 North America Market 2022-2032 by Country 77

8.2.1 Overview of North America Market 77

8.2.2 U.S. 81

8.2.3 Canada 84

8.2.4 Mexico 86

8.3 European Market 2022-2032 by Country 88

8.3.1 Overview of European Market 88

8.3.2 Germany 92

8.3.3 U.K. 94

8.3.4 France 96

8.3.5 Spain 98

8.3.6 Italy 100

8.3.7 Russia 102

8.3.8 Rest of European Market 104

8.4 Asia-Pacific Market 2022-2032 by Country 106

8.4.1 Overview of Asia-Pacific Market 106

8.4.2 Japan 110

8.4.3 China 113

8.4.4 Australia 115

8.4.5 India 117

8.4.6 South Korea 119

8.4.7 Rest of APAC Region 121

8.5 South America Market 2022-2032 by Country 123

8.5.1 Argentina 126

8.5.2 Brazil 128

8.5.3 Chile 130

8.5.4 Rest of South America Market 132

8.6 MEA Market 2022-2032 by Country 133

8.6.1 UAE 136

8.6.2 Saudi Arabia 138

8.6.3 South Africa 140

8.6.4 Other National Markets 142

9 Competitive Landscape 143

9.1 Overview of Key Vendors 143

9.2 New Product Launch, Partnership, Investment, and M&A 147

9.3 Company Profiles 148

Brainlab AG 148

DePuy Synthes (Johnson & Johnson) 150

Mazor Robotics Ltd. 153

Medtronic Inc. 154

Renishaw plc 157

Shenzhen Institutes of Advanced Technology (SIAT) 159

Siemens Healthineers 160

Simbionix USA Corp. 163

SONOWAND AS 165

Stryker Corp. / MAKO 166

Synaptive Medical, Inc. 170

Zimmer Biomet Holdings, Inc. / Medtech 171

RELATED REPORTS 174

List of Tables:

Table 1. Snapshot of Global Neurosurgical Robotics Market in Balanced Perspective, 2022-2032 20

Table 2. World Economic Outlook, 2021-2031 24

Table 3. World Economic Outlook, 2021-2023 25

Table 4. Scenarios for Economic Impact of Ukraine Crisis 29

Table 5. World Health Spending by Region, $ bn, 2013-2020 36

Table 6. Main Product Trends and Market Opportunities in Global Neurosurgical Robotics Market 41

Table 7. Global Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 49

Table 8. Global Neurosurgical Robotics Market by Equipment Type, 2022-2032, $ mn 54

Table 9. Global Neurosurgical Robotics Market by Application, 2022-2032, $ mn 60

Table 10. Global Neurosurgical Robotics Market by Surgery Type, 2022-2032, $ mn 64

Table 11. Global Neurosurgical Robotics Market by End User, 2022-2032, $ mn 68

Table 12. Global Neurosurgical Robotics Market by Region, 2022-2032, $ mn 74

Table 13. Leading National Neurosurgical Robotics Market, 2022 and 2032, $ mn 76

Table 14. North America Neurosurgical Robotics Market by Country, 2022-2032, $ mn 79

Table 15. U.S. Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 83

Table 16. U.S. Neurosurgical Robotics Market by Application, 2022-2032, $ mn 83

Table 17. U.S. Neurosurgical Robotics Market by End User, 2022-2032, $ mn 83

Table 18. Canada Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 85

Table 19. Canada Neurosurgical Robotics Market by Application, 2022-2032, $ mn 85

Table 20. Canada Neurosurgical Robotics Market by End User, 2022-2032, $ mn 85

Table 21. Mexico Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 87

Table 22. Mexico Neurosurgical Robotics Market by Application, 2022-2032, $ mn 87

Table 23. Mexico Neurosurgical Robotics Market by End User, 2022-2032, $ mn 87

Table 24. Europe Neurosurgical Robotics Market by Country, 2022-2032, $ mn 91

Table 25. Germany Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 93

Table 26. Germany Neurosurgical Robotics Market by Application, 2022-2032, $ mn 93

Table 27. Germany Neurosurgical Robotics Market by End User, 2022-2032, $ mn 93

Table 28. U.K. Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 95

Table 29. U.K. Neurosurgical Robotics Market by Application, 2022-2032, $ mn 95

Table 30. U.K. Neurosurgical Robotics Market by End User, 2022-2032, $ mn 95

Table 31. France Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 97

Table 32. France Neurosurgical Robotics Market by Application, 2022-2032, $ mn 97

Table 33. France Neurosurgical Robotics Market by End User, 2022-2032, $ mn 97

Table 34. Spain Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 99

Table 35. Spain Neurosurgical Robotics Market by Application, 2022-2032, $ mn 99

Table 36. Spain Neurosurgical Robotics Market by End User, 2022-2032, $ mn 99

Table 37. Italy Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 101

Table 38. Italy Neurosurgical Robotics Market by Application, 2022-2032, $ mn 101

Table 39. Italy Neurosurgical Robotics Market by End User, 2022-2032, $ mn 101

Table 40. Russia Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 103

Table 41. Russia Neurosurgical Robotics Market by Application, 2022-2032, $ mn 103

Table 42. Russia Neurosurgical Robotics Market by End User, 2022-2032, $ mn 103

Table 43. Neurosurgical Robotics Market in Rest of Europe by Country, 2022-2032, $ mn 105

Table 44. APAC Neurosurgical Robotics Market by Country, 2022-2032, $ mn 108

Table 45. Japan Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 112

Table 46. Japan Neurosurgical Robotics Market by Application, 2022-2032, $ mn 112

Table 47. Japan Neurosurgical Robotics Market by End User, 2022-2032, $ mn 112

Table 48. China Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 114

Table 49. China Neurosurgical Robotics Market by Application, 2022-2032, $ mn 114

Table 50. China Neurosurgical Robotics Market by End User, 2022-2032, $ mn 114

Table 51. Australia Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 116

Table 52. Australia Neurosurgical Robotics Market by Application, 2022-2032, $ mn 116

Table 53. Australia Neurosurgical Robotics Market by End User, 2022-2032, $ mn 116

Table 54. India Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 118

Table 55. India Neurosurgical Robotics Market by Application, 2022-2032, $ mn 118

Table 56. India Neurosurgical Robotics Market by End User, 2022-2032, $ mn 118

Table 57. South Korea Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 120

Table 58. South Korea Neurosurgical Robotics Market by Application, 2022-2032, $ mn 120

Table 59. South Korea Neurosurgical Robotics Market by End User, 2022-2032, $ mn 120

Table 60. Neurosurgical Robotics Market in Rest of APAC by Country/Region, 2022-2032, $ mn 122

Table 61. South America Neurosurgical Robotics Market by Country, 2022-2032, $ mn 125

Table 62. Argentina Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 127

Table 63. Argentina Neurosurgical Robotics Market by Application, 2022-2032, $ mn 127

Table 64. Argentina Neurosurgical Robotics Market by End User, 2022-2032, $ mn 127

Table 65. Brazil Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 129

Table 66. Brazil Neurosurgical Robotics Market by Application, 2022-2032, $ mn 129

Table 67. Brazil Neurosurgical Robotics Market by End User, 2022-2032, $ mn 129

Table 68. Chile Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 131

Table 69. Chile Neurosurgical Robotics Market by Application, 2022-2032, $ mn 131

Table 70. Chile Neurosurgical Robotics Market by End User, 2022-2032, $ mn 131

Table 71. MEA Neurosurgical Robotics Market by Country, 2022-2032, $ mn 135

Table 72. UAE Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 137

Table 73. UAE Neurosurgical Robotics Market by Application, 2022-2032, $ mn 137

Table 74. UAE Neurosurgical Robotics Market by End User, 2022-2032, $ mn 137

Table 75. Saudi Arabia Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 139

Table 76. Saudi Arabia Neurosurgical Robotics Market by Application, 2022-2032, $ mn 139

Table 77. Saudi Arabia Neurosurgical Robotics Market by End User, 2022-2032, $ mn 139

Table 78. South Africa Neurosurgical Robotics Market by Offering, 2022-2032, $ mn 141

Table 79. South Africa Neurosurgical Robotics Market by Application, 2022-2032, $ mn 141

Table 80. South Africa Neurosurgical Robotics Market by End User, 2022-2032, $ mn 141

Table 81. Product Offering of Key Neurosurgical Robotics Vendors 145

Table 82. Brainlab AG: Company Snapshot 148

Table 83. Brainlab AG: Business Segmentation 149

Table 84. Brainlab AG: Product Portfolio 149

Table 85. Medtronic Inc.: Company Snapshot 154

Table 86. Medtronic Inc.: Net Revenue by Segment, 2018-2020, $ bn 155

Table 87. Medtronic Inc.: Net Revenue by Region, 2017-2019, $ bn 155

Table 88. Renishaw plc: Company Snapshot 157

Table 89. Renishaw plc: Net Revenue by Segment, 2018-2020, $ mn 158

Table 90. Renishaw plc: Net Revenue by Region, 2017-2019, $ mn 158

Table 91. Siemens Healthineers: Company Snapshot 160

Table 92. Stryker Corp.: Company Snapshot 166

Table 93. Stryker Corp.: Net Revenue by Segment, 2017-2019, $ bn 167

Table 94. Stryker Corp.: Net Revenue by Region, 2017-2019, $ bn 167

Table 95. Synaptive Medical, Inc.: Company Snapshot 170

Table 96. Zimmer Biomet Holdings, Inc.: Company Snapshot 171

Table 97. Zimmer Biomet Holdings, Inc.: Business Segments 172

Table 98. Zimmer Biomet Holdings, Inc.: Product Portfolio 172


List of Figures:

Figure 1. Research Method Flow Chart 14

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 17

Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 19

Figure 4. Global Neurosurgical Robotics Market, 2022-2032, $ mn 22

Figure 5. Impact of COVID-19 on Business 26

Figure 6. Primary Drivers and Impact Factors of Global Neurosurgical Robotics Market 32

Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 35

Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 35

Figure 9. Primary Restraints and Impact Factors of Global Neurosurgical Robotics Market 38

Figure 10. Investment Opportunity Analysis 42

Figure 11. Porter’s Fiver Forces Analysis of Global Neurosurgical Robotics Market 45

Figure 12. Breakdown of Global Neurosurgical Robotics Market by Offering, 2022-2032, % of Revenue 50

Figure 13. Global Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 50

Figure 14. Global Neurosurgical Robotics Market by Offering: Robotic Systems, 2022-2032, $ mn 51

Figure 15. Global Neurosurgical Robotics Market by Offering: Instruments and Accessories, 2022-2032, $ mn 52

Figure 16. Global Neurosurgical Robotics Market by Offering: System Services, 2022-2032, $ mn 53

Figure 17. Breakdown of Global Neurosurgical Robotics Market by Equipment Type, 2022-2032, % of Sales Revenue 55

Figure 18. Global Addressable Market Cap in 2023-2032 by Equipment Type, Value ($ mn) and Share (%) 55

Figure 19. Global Neurosurgical Robotics Market by Equipment Type: Robot Machines, 2022-2032, $ mn 56

Figure 20. Global Neurosurgical Robotics Market by Equipment Type: Navigation Systems, 2022-2032, $ mn 57

Figure 21. Global Neurosurgical Robotics Market by Equipment Type: Planners and Simulators, 2022-2032, $ mn 58

Figure 22. Global Neurosurgical Robotics Market by Equipment Type: Other Equipment Types, 2022-2032, $ mn 59

Figure 23. Breakdown of Global Neurosurgical Robotics Market by Application, 2022-2032, % of Sales Revenue 61

Figure 24. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 61

Figure 25. Global Neurosurgical Robotics Market by Application: Spinal Surgery, 2022-2032, $ mn 62

Figure 26. Global Neurosurgical Robotics Market by Application: Cranial Surgery, 2022-2032, $ mn 63

Figure 27. Breakdown of Global Neurosurgical Robotics Market by Surgery Type, 2022-2032, % of Revenue 65

Figure 28. Global Addressable Market Cap in 2023-2032 by Surgery Type, Value ($ mn) and Share (%) 65

Figure 29. Global Neurosurgical Robotics Market by Surgery Type: Open Surgery, 2022-2032, $ mn 66

Figure 30. Global Neurosurgical Robotics Market by Surgery Type: Minimally Invasive Surgery (MIS), 2022-2032, $ mn 67

Figure 31. Breakdown of Global Neurosurgical Robotics Market by End User, 2022-2032, % of Revenue 69

Figure 32. Global Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 69

Figure 33. Global Neurosurgical Robotics Market by End User: Hospitals, 2022-2032, $ mn 70

Figure 34. Global Neurosurgical Robotics Market by End User: Ambulatory Surgical Centers (ASCs), 2022-2032, $ mn 71

Figure 35. Global Neurosurgical Robotics Market by End User: Other End Users, 2022-2032, $ mn 72

Figure 36. Global Market Snapshot by Region 73

Figure 37. Geographic Spread of Worldwide Neurosurgical Robotics Market, 2022-2032, % of Sales Revenue 74

Figure 38. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%) 75

Figure 39. North American Neurosurgical Robotics Market, 2022-2032, $ mn 78

Figure 40. Breakdown of North America Neurosurgical Robotics Market by Country, 2022 and 2032, % of Revenue 79

Figure 41. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 80

Figure 42. U.S. Neurosurgical Robotics Market, 2022-2032, $ mn 82

Figure 43. Canada Neurosurgical Robotics Market, 2022-2032, $ mn 84

Figure 44. Neurosurgical Robotics Market in Mexico, 2022-2032, $ mn 86

Figure 45. European Neurosurgical Robotics Market, 2022-2032, $ mn 89

Figure 46. Breakdown of European Neurosurgical Robotics Market by Country, 2022 and 2032, % of Revenue 90

Figure 47. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 91

Figure 48. Neurosurgical Robotics Market in Germany, 2022-2032, $ mn 92

Figure 49. Neurosurgical Robotics Market in U.K., 2022-2032, $ mn 94

Figure 50. Neurosurgical Robotics Market in France, 2022-2032, $ mn 96

Figure 51. Neurosurgical Robotics Market in Spain, 2022-2032, $ mn 98

Figure 52. Neurosurgical Robotics Market in Italy, 2022-2032, $ mn 100

Figure 53. Neurosurgical Robotics Market in Russia, 2022-2032, $ mn 102

Figure 54. Neurosurgical Robotics Market in Rest of Europe, 2022-2032, $ mn 104

Figure 55. Asia-Pacific Neurosurgical Robotics Market, 2022-2032, $ mn 107

Figure 56. Breakdown of APAC Neurosurgical Robotics Market by Country, 2022 and 2032, % of Revenue 107

Figure 57. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 109

Figure 58. Neurosurgical Robotics Market in Japan, 2022-2032, $ mn 111

Figure 59. Neurosurgical Robotics Market in China, 2022-2032, $ mn 113

Figure 60. Neurosurgical Robotics Market in Australia, 2022-2032, $ mn 115

Figure 61. Neurosurgical Robotics Market in India, 2022-2032, $ mn 117

Figure 62. Neurosurgical Robotics Market in South Korea, 2022-2032, $ mn 119

Figure 63. Neurosurgical Robotics Market in Rest of APAC, 2022-2032, $ mn 121

Figure 64. South America Neurosurgical Robotics Market, 2022-2032, $ mn 124

Figure 65. Breakdown of South America Neurosurgical Robotics Market by Country, 2022 and 2032, % of Revenue 124

Figure 66. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 125

Figure 67. Neurosurgical Robotics Market in Argentina, 2022-2032, $ mn 126

Figure 68. Neurosurgical Robotics Market in Brazil, 2022-2032, $ mn 128

Figure 69. Neurosurgical Robotics Market in Chile, 2022-2032, $ mn 130

Figure 70. Neurosurgical Robotics Market in Rest of South America, 2022-2032, $ mn 132

Figure 71. Neurosurgical Robotics Market in Middle East and Africa (MEA), 2022-2032, $ mn 134

Figure 72. Breakdown of MEA Neurosurgical Robotics Market by Country, 2022 and 2032, % of Revenue 134

Figure 73. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 135

Figure 74. Neurosurgical Robotics Market in UAE, 2022-2032, $ mn 136

Figure 75. Neurosurgical Robotics Market in Saudi Arabia, 2022-2032, $ mn 138

Figure 76. Neurosurgical Robotics Market in South Africa, 2022-2032, $ mn 140

Figure 77. Growth Stage of Global Neurosurgical Robotics Industry over the Forecast Period 143

Figure 78. SWOT Analysis of MAKO Surgical Corp. 169

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)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (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	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

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)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)