The neurosurgical robotics market in the Middle East & Africa is expected to grow from US$ 116.23 million in 2022 to US$ 255.79 million by 2028. It is estimated to grow at a CAGR of 14.0% from 2022 to 2028.
Rising Developments of Nanorobots for Neurosurgery
The neurosurgical robotics market has the presence of many small and big companies. New component launch, regional expansion, product approval, and technological advancement are among the strategies adopted by companies to enlarge their market shares. Neurosurgical robots have become safer and more effective than ever with continuous innovations and technological advancements, boosting their acceptance among the masses. The active participation of market players in development activities, followed by increased product approvals by regulatory bodies, would offer lucrative opportunities for the growth of the neurosurgical robotics market in the coming years.
Market Overview
The MEA neurosurgical robotics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The market in the region is expected to register a gradual growth rate over the forecast period. The continuing growth of neurosurgical robotics is observed due to rising awareness among people and growing acceptance of advanced technology. Moreover, new installations in the UAE and Saudi Arabia are likely to rise the demand for robotic surgeries, which will aid the market growth in the upcoming years.
According to data published by the Arab Journal of Urology (AJU), in 2017, there were 44 robotic da Vinci systems installed in the Middle East, including 13 active systems and six obsolete in Saudi Arabia (KSA), six in Qatar, three in the UAE, and two in each of Kuwait and Lebanon. The number of robot-assisted procedures increased by 60% from 2011 to 2017.
Middle East & Africa Neurosurgical Robotics Market Segmentation
The Middle East & Africa neurosurgical robotics market is segmented into component, application, surgery type, end user, and country.
Based on component, the Middle East & Africa neurosurgical robotics market is segmented into equipment/system, accessories, and services. The equipment/system segment is further segmented into robot machines, navigation system, planner & simulators, and others. The accessories segment is anticipated to hold the largest share of the market in 2022. The Middle East & Africa neurosurgical robotics market, based on application, is segmented into spinal and cranial. Spinal application is further segmented into spinal fusion, laminectomy, disc replacement, discectomy, foraminotomy, and others. The cranial segment is also subsegmented into brain biopsy, thermal ablation of seizure, surgical treatment of movement disorders, and others. In 2022, the spinal segment is anticipated to hold the largest share of the market, by application.
The Middle East & Africa neurosurgical robotics market, based on surgery type, is segmented into open and minimally invasive. In 2022, the minimally invasive segment is anticipated to hold a larger share of the market.
Based on end user, the Middle East & Africa neurosurgical robotics market is segmented into hospitals, specialty centers, and others. In 2022, the hospitals segment is anticipated to hold the largest share of the market. Based on country, the market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa is anticipated to dominate the market in 2022. Accuray Incorporated; B. Braun Melsungen AG; Brainlab AG; Brain Navi Biotechnology Co., Ltd.; Globus Medical, Inc.; Medtronic; Renishaw plc; NuVasive, Inc.; and Zimmer Biomet are among the leading companies operating in the neurosurgical robotics market in the region.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 116.23 Million |
| Market Size by 2028 | US$ 255.79 Million |
| CAGR (2022 - 2028) | 14.0% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Component
|
|
Regions and Countries Covered
|
|
| Middle East and Africa | South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa |
| Market leaders and key company profiles |
|
The Middle East & Africa Neurosurgical Robotics Market is valued at US$ 116.23 Million in 2022, it is projected to reach US$ 255.79 Million by 2028.
As per our report Middle East & Africa Neurosurgical Robotics Market, the market size is valued at US$ 116.23 Million in 2022, projecting it to reach US$ 255.79 Million by 2028. This translates to a CAGR of approximately 14.0% during the forecast period.
The Middle East & Africa Neurosurgical Robotics Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Neurosurgical Robotics Market report:
The Middle East & Africa Neurosurgical Robotics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Neurosurgical Robotics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Neurosurgical Robotics Market value chain can benefit from the information contained in a comprehensive market report.
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