Minimally Invasive Neurosurgical Systems Market

Industry Overview

The minimally invasive neurosurgical systems market refers to the industry involved in the development, production, and sale of medical devices and technologies specifically designed for performing neurosurgical procedures with minimal invasiveness. These systems aim to reduce trauma to patients by using smaller incisions, specialized instruments, and advanced imaging technologies. The global minimally invasive neurosurgical systems market was valued at USD 0.45 billion in 2022 and is anticipated to reach $ 2.4 billion by 2030, registering a CAGR of 11.5% during the forecast period 2023-2030. Minimally invasive neurosurgical systems will allow neurosurgery with a small incision on the skull. They enable to maximize visualization of cranial tissue and reduce postoperative complications during surgical procedures. Technological development in neurosurgical systems and instruments has led to innovations in the healthcare sector globally. The rising prevalence of neuro-disorders, advantages offered by minimally invasive neurosurgery, mounting R&D investment, technological development in MIS and robotics-based surgeries will accelerate the growth of the minimally invasive neurosurgical systems market. The development of a digital camera will aid in the visualization of the operating field and requires small surgical instruments that pass-through endoscopes, resulting in less trauma to the patient owing to small incisions on the skull. Therefore, there is a preference for minimally invasive neurosurgeries that will drive growth globally.

COVID-19 pandemic had significantly impacted the Minimally Invasive Neurosurgery Device Market. Owing to a pandemic, healthcare equipment is preserved for patients infected with the coronavirus that increases delays in neurosurgeries owing to the high risk of getting infected, and are negatively affected the growth of this market.

Market Segmentation

Insight by Product Type

Based on product type, the global minimally invasive neurosurgical systems market is divided into neuro microscope, neuronavigation, neuroendoscopy, and neurosurgical robots. The neuronavigation segment is further sub-divided into optical neuronavigation systems and electromagnetic neuronavigation systems. The neuroendoscopy is further sub-divided into rigid neuroendoscopy systems and flexible neuroendoscopy systems. The neurosurgical robots are further sub-divided into systems (capital equipment), instruments and accessories, and services. Neurosurgical robots are anticipated to grow significantly as it offers connected interface, motion scaling, and tremor filtration. Moreover, the rising requirement for using multiple surgical devices through multiple access ports of endoscopes will fuel the growth of minimally invasive neurosurgeries.

Insight by Surgery Type

Based on surgery type, the global minimally invasive neurosurgical systems market is segmented into intracranial surgery, endonasal neurosurgery, and spinal surgery. Intracranial surgery accounts for the highest market share in 2020 owing to the rising number of surgeries of brain and increasing cases of brain disease. Endonasal surgery is anticipated to have the fastest CAGR owing to the rapid recovery time and decreased risk of neurological damage.

Minimally Invasive Neurosurgical Systems Market Report Coverage

Industry Dynamics

Industry Trends

One of the important trends existing in the minimally invasive neurosurgical robotics market is the rapid recovery of the patient and enhances its postoperative quality of life and there is a lot of investment in the healthcare industry, resulting in the growth of the global minimally invasive neurosurgical robotics market. Minimally invasive neurosurgical systems have revolutionized the field of neurosurgery by offering several advantages over traditional open surgery, including reduced post-operative pain, shorter hospital stays, faster recovery times, and decreased risk of complications. These systems have found applications in various neurosurgical procedures, such as brain tumor removal, spinal surgery, aneurysm repair, and treatment of movement disorders like Parkinson's disease

Growth Drivers

The growing geriatric population, advantages offered by minimally invasive neurosurgical procedures over conventional open surgical procedures, technological development such as the development of endoscope design that is compact efficient, provides enhanced resolution and better illumination, availability of developed products in the field of neurosurgical procedures are the factors contributing to the growth of the minimally invasive neurosurgical systems market. Moreover, rising cases of neurological disorders, shifting towards a patient-centric model will accelerate the growth in the market. According to the National Institute of Health, approximately 276 million people were suffering from neurological disorders in 2016 which lead to the rising use of fluoroscopy and will accelerate the growth of the minimally invasive neurosurgery system market during the forecast period 2023-2030.

Surgical Navigation Systems: These systems use advanced imaging techniques like magnetic resonance imaging (MRI) or computed tomography (CT) scans to provide real-time guidance during surgery. Surgeons can visualize the patient's anatomy and precisely navigate surgical instruments to the target area, enhancing accuracy and safety.

Endoscopes: These are flexible or rigid tubes with a camera and light source attached, allowing surgeons to visualize internal structures without making large incisions. Endoscopes can be inserted through small openings, such as natural body orifices or small incisions, providing a minimally invasive approach for diagnosis and treatment.

Robotic-Assisted Surgical Systems: Robotic systems provide surgeons with enhanced precision, dexterity, and visualization during procedures. Surgeons control robotic arms equipped with specialized instruments, which can perform complex maneuvers with improved accuracy.

Radiosurgery Systems: Radiosurgery employs focused beams of radiation to treat abnormalities in the brain or spine, eliminating the need for traditional surgical incisions. These systems use technologies like gamma knife or CyberKnife to precisely target the affected area while minimizing damage to surrounding healthy tissue.

Challenges

The high installation and maintenance cost of neurosurgical robotic systems, lack of trained professionals, restrictive reimbursement framework are the challenges faced by the minimally invasive neurosurgery system market during the forecast period 2021-2027.

Opportunities

The advancement of long-distance teleoperated surgical robots and the advancement of AR in the operating field are opportunities leading to the growth of the minimally invasive neurosurgery system market during the forecast period 2023-2030.

Geographic Overview

North America dominates the global minimally invasive neurosurgery system market during the forecast period 2023-2030 owing to the rising cases of surgical procedures, and fast technology development in healthcare. Furthermore, the rising adrenalectomy surgery for patients with tumors will accelerate the need for a minimally invasive neurosurgery system market in the region.

Competitive Insight

The industry players are focusing on product launches, M&A, partnerships, and expansion activities to gain a competitive edge in the minimally invasive neurosurgery system market during the forecast period 2023-2030.

Olympus Corporation has launched EVIS X1, an advanced endoscopy system that helps in improving the outcomes from endoscopic disorders.

Karl Storz GmbH & Co. KG has installed six examination rooms specialized for ENT treatment that increases the demand of minimally invasive procedures.

Some of the key players operating in the minimally invasive neurosurgery system market: Olympus Corporation, B. Braun Melsungen AG, Karl Storz SE & Co. KG, Brainlab AG, Carl Zeiss Meditec AG, Medtronic, Microbat Medical Inc., Stryker, Zimmer Biomet, and Synaptive Medical.

The Minimally Invasive Neurosurgical Systems Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2023–2030.

Segments Covered in the Report

• By Product Type
  • Neuro Microscope
  • Neuronavigation
    • Optical Neuronavigation Systems
    • Electromagnetic Neuronavigation Systems
  • Neuroendoscopy
    • Rigid Neuroendoscopy Systems
    • Flexible Neuroendoscopy Systems
  • Neurosurgical Robots
    • Systems (Capital Equipment)
    • Instruments and Accessories
    • Services
• By Surgery Type 
• Intracranial Surgery
• Endonasal Neurosurgery
• Spinal Surgery

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Product Type
                1.2.2.    By Surgery Type 
                1.2.3.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2027

5.    Market Segmentation Estimate and Forecast

        5.1.    By Product Type
                5.1.1.    Neuro Microscope
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030  
                5.1.2.    Neuronavigation
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030
                                5.1.2.2.1. Optical Neuronavigation Systems
                                5.1.2.2.2. Electromagnetic Neuronavigation Systems
                5.1.3.    Neuroendoscopy
                        5.1.3.1. Market Definition
                        5.1.3.2. Market Estimation and Forecast to 2030
                                5.1.3.2.1. Rigid Neuroendoscopy Systems
                                5.1.3.2.2. Flexible Neuroendoscopy Systems
                5.1.4.  Neurosurgical Robots
                        5.1.3.1. Market Definition
                        5.1.3.2. Market Estimation and Forecast to 2030
                                5.1.3.2.1. Systems (Capital Equipment)
                                5.1.3.2.2. Instruments and Accessories
                                5.1.3.2.3. Services
        5.2.    By Surgery Type
                5.2.1.    Intracranial Surgery
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.    Endonasal Neurosurgery
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030
                5.2.3.    Spinal Surgery
                        5.2.3.1. Market Definition
                        5.2.3.2. Market Estimation and Forecast to 2030
                
6.    North America Market Estimate and Forecast

        6.1.    By Product Type
        6.2.    By Surgery Type 
        6.3.    By Country
                6.3.1.    U.S. Market Estimate and Forecast
                6.3.2.    Canada Market Estimate and Forecast
                6.3.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Product Type
        7.2.    By Surgery Type 
        7.3.    By Country
                7.3.1.    Germany Market Estimate and Forecast
                7.3.2.    France Market Estimate and Forecast
                7.3.3.    U.K. Market Estimate and Forecast
                7.3.4.    Italy Market Estimate and Forecast
                7.3.5.    Spain Market Estimate and Forecast
                7.3.6.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Product Type
        8.2.    By Surgery Type 
        8.3.    By Country
                8.3.1.    China Market Estimate and Forecast
                8.3.2.    Japan Market Estimate and Forecast
                8.3.3.    India Market Estimate and Forecast
                8.3.4.    South Korea Market Estimate and Forecast
                8.3.5.    Singapore Market Estimate and Forecast
                8.3.6.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Product Type
        9.2.    By Surgery Type 
        9.3.    By Country
                9.3.1.    Brazil Market Estimate and Forecast
                9.3.2.    Saudi Arabia Market Estimate and Forecast
                9.3.3.    South Africa Market Estimate and Forecast
                9.3.4.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    Olympus Corporation
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    B. Braun Melsungen AG
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Karl Storz SE & Co. KG
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Brainlab AG
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Carl Zeiss Meditec AG
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Medtronic
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Microbat Medical Inc.
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Stryker
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Zimmer Biomet
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    Synaptive Medical
                10.10.1. Snapshot
                10.10.2. Overview
                10.10.3. Offerings
                10.10.4. Financial Insight
                10.10.5. Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2022 (USD Billion)
Table 5 Global Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2023–2030 (USD Billion)
Table 6 Global Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2022 (USD Billion)
Table 7 Global Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2023–2030 (USD Billion)
Table 8 Global Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2022 (USD Billion)
Table 9 Global Minimally Invasive Neurosurgical Systems Market Size, by Region, 2023–2030 (USD Billion)
Table 10 North America Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2022 (USD Billion)
Table 11 North America Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2023–2030 (USD Billion)
Table 12 North America Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2022 (USD Billion)
Table 13 North America Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2023–2030 (USD Billion)
Table 14 North America Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2022 (USD Billion)
Table 15 North America Minimally Invasive Neurosurgical Systems Market Size, by Region, 2023–2030 (USD Billion)
Table 16 Europe Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2022 (USD Billion)
Table 17 Europe Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2023–2030 (USD Billion)
Table 18 Europe Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2022 (USD Billion)
Table 19 Europe Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2023–2030 (USD Billion)
Table 20 Europe Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2022 (USD Billion)
Table 21 Europe Minimally Invasive Neurosurgical Systems Market Size, by Region, 2023–2030 (USD Billion)
Table 22 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2022 (USD Billion)
Table 23 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2023–2030 (USD Billion)
Table 24 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2022 (USD Billion)
Table 25 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2023–2030 (USD Billion)
Table 26 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2022 (USD Billion)
Table 27 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, by Region, 2023–2030 (USD Billion)
Table 28 RoW Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2022 (USD Billion)
Table 29 RoW Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2023–2030 (USD Billion)
Table 30 RoW Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2022 (USD Billion)
Table 31 RoW Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2023–2030 (USD Billion)
Table 32 RoW Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2022 (USD Billion)
Table 33 RoW Minimally Invasive Neurosurgical Systems Market Size, by Region, 2023–2030 (USD Billion)
Table 34 Snapshot – Olympus Corporation
Table 35 Snapshot – B. Braun Melsungen AG
Table 36 Snapshot – Karl Storz SE & Co. KG
Table 37 Snapshot – Brainlab AG 
Table 38 Snapshot – Carl Zeiss Meditec AG
Table 39 Snapshot – Medtronic
Table 40 Snapshot – Microbat Medical Inc.
Table 41 Snapshot – Stryker
Table 42 Snapshot – Zimmer Biomet
Table 43 Snapshot – Synaptive Medical

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Minimally Invasive Neurosurgical Systems Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Minimally Invasive Neurosurgical Systems Market Highlight
Figure 12 Global Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2030 (USD Billion)
Figure 13 Global Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2030 (USD Billion)
Figure 14 Global Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2030 (USD Billion)
Figure 15 North America Minimally Invasive Neurosurgical Systems Market Highlight
Figure 16 North America Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2030 (USD Billion)
Figure 17 North America Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2030 (USD Billion)
Figure 18 North America Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2030 (USD Billion)
Figure 19 Europe Minimally Invasive Neurosurgical Systems Market Highlight
Figure 20 Europe Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2030 (USD Billion)
Figure 21 Europe Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2030 (USD Billion)
Figure 22 Europe Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2030 (USD Billion)
Figure 23 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Highlight
Figure 24 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2030 (USD Billion)
Figure 25 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2030 (USD Billion)
Figure 26 Asia-Pacific Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2030 (USD Billion)
Figure 27 RoW Minimally Invasive Neurosurgical Systems Market Highlight
Figure 28 RoW Minimally Invasive Neurosurgical Systems Market Size, By Product Type, 2018-2030 (USD Billion)
Figure 29 RoW Minimally Invasive Neurosurgical Systems Market Size, By Surgery Type, 2018-2030 (USD Billion)
Figure 30 RoW Minimally Invasive Neurosurgical Systems Market Size, by Region, 2018-2030 (USD Billion)