Global Market for Minimally Invasive Neurosurgical Systems is Anticipated to grow at a Significant Pace i.e., $1,195.4 Million during the Forecast Period 2021-2027

Published Date: Oct, 2021

The global minimally invasive neurosurgical market is expected to witness a CAGR of 11.5% during the forecast period. The preference for minimally invasive neurosurgeries has led to the emergence of robot-assisted surgeries owing to the requirement for millimeter accuracy and precision. The technological advancement, changes in the preference for safe options rather than open brain surgeries, rising preference for surgical instruments with high dexterity, technological development in AI, AR, haptics, and telesurgery, and rising affordability of procedure will propel the growth of the global minimally invasive neurosurgical systems market.  

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.

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.

Browse 43 market data Tables and 30 Figures spread through 220 Pages and in-depth TOC on " Minimally Invasive Neurosurgical Market by Product Type (Neuro Microscope, Neuronavigation (Optical Neuronavigation Systems and Electromagnetic Neuronavigation Systems), Neuroendoscopy(Rigid Neuroendoscopy Systems and Flexible Neuroendoscopy Systems), and Neurosurgical Robots(Systems (Capital Equipment), Instruments and Accessories, and Services)), by Surgery Type (Intracranial Surgery, Endonasal Neurosurgery, and Spinal Surgery), and Region - Global Forecast to 2027"

By product type, the neurosurgical robots is projected to witness a fast pace during the forecast period.

Based on product type, the global minimally invasive neurosurgical systems market is divided into neuro microscope, neuronavigation, neuroendoscopy, and neurosurgical robots. The neurosurgical robots are further sub-divided into systems (capital equipment), instruments and accessories, and services. Neurosurgical robots are growing at a faster pace as they help surgeons to perform complex surgeries will high flexibility and precision. Moreover, robotic surgeries will provide various advantages including few complications in terms of pain and blood loss, less risk of surgical site infection, quick recovery, and small scars.

Global Minimally Invasive Neurosurgical Market Segmentation Analysis

Segment

Categorization

Leading Category

Product Type

Neuro Microscope, Neuronavigation (Optical Neuronavigation Systems and Electromagnetic Neuronavigation Systems), Neuroendoscopy (Rigid Neuroendoscopy Systems and Flexible Neuroendoscopy Systems), and Neurosurgical Robots (Systems (Capital Equipment), Instruments and Accessories, and Services)

Neurosurgical Robots (Fastest)

Surgery Type

Intracranial Surgery, Endonasal Neurosurgery, and Spinal Surgery

Intracranial Surgery (Highest)

Endonasal Neurosurgery

 (Fastest CAGR)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (High CAGR)

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“Asia-Pacific to hold the highest CAGR during the forecast period.”

Asia-Pacific is anticipated to have a high CAGR for the minimally invasive neurosurgery system market during the forecast period 2021-2027 owing to the increasing disposable income and support from the government towards enhancing the healthcare sector.

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.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Product Type, Surgery Type, and Region

Geographies Covered in the Study

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

Companies Covered in the Study

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

Global Minimally Invasive Neurosurgical Market Coverage

Product Type Insight and Forecast 2015-2027

  • 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

Surgery Type Insight and Forecast 2015-2027

  • Intracranial Surgery
  • Endonasal Neurosurgery
  • Spinal Surgery

Geographical Segmentation

Minimally Invasive Neurosurgical Market by Region

North America

  • By Product Type
  • By Surgery Type
  • By Country – U.S., Canada, and Mexico

Europe

  • By Product Type
  • By Surgery Type
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Product Type
  • By Surgery Type
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Product Type
  • By Surgery Type
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries

 

 

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Global Market for Minimally Invasive Neurosurgical Systems is Anticipated to grow at a Significant Pace i.e., $1,195.4 Million during the Forecast Period 2021-2027