Los Angeles, CA -- (SBWIRE) -- 05/20/2019 -- Spinal surgery has evolved dramatically over the years as advances in technology have made it possible to improve surgical techniques.Spinal surgery involves the modification of the affected area of the back bones and nerves. The implantation of one or more screws or components is a very delicate surgery. The robot can achieve better precision than can a skilled surgeon.Robotic procedures offer significant cost savings in terms of pre- and post-operation care costs and length of stay at hospitals. Technological advances and breakthroughs leverage new materials and new sensor configurations. Sophisticated software is further evolving product implementation: Clinically efficient solutions, Clinically less complex surgery, Shorter length of stay, Minimally invasive surgery, Financially lower cost and Operationally more simple.
North America is the largest sales region for Spinal Surgical Robots which the sales number is about 96 units with the market share of 67% in 2017. Europe is the second largest sales region of Spinal Surgical Robots sales about 24Unit.
The global Spinal Surgical Robots market was 67 million US$ in 2018 and is expected to 470 million US$ by the end of 2025, growing at a CAGR of 27.6% between 2019 and 2025.
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This report studies the Spinal Surgical Robots market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Spinal Surgical Robots in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Mazor Robotics
Medtech S.A
TINA VI Medical Technologies
Globus Medical
By the product type, the market is primarily split into
Separate System
Combining System
By the end users/application, this report covers the following segments
Disc Replacement
Spine Fusion
Other
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Spinal Surgical Robots market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Spinal Surgical Robots market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Spinal Surgical Robots manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Spinal Surgical Robots with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Spinal Surgical Robots submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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