Middle East and Africa Image-Guided Surgery Equipment and Robot-Assisted Surgical Equipment Market, By Type (Robotic Systems, Instruments and Accessories, Interventional Imaging Systems and Services), Application (Abdominal Surgery, Urology, Otorhinolaryngology, Orthopedic Trauma Surgery, Oncology, Gynaecology, Neurology, Spine Surgery, Cardiology, Respiratory, Thoracic Surgery and Others), Procedure Type (Open Surgery and Minimally Invasive), End User (Hospitals, Ambulatory Surgical Centers, Clinics and Others), Distribution Channel (Direct Tender and Retail Sales) – Industry Trends and Forecast to 2030.
Middle East and Africa Image-Guided Surgery Equipment and Robot-Assisted Surgical Equipment Market Analysis and Size
The main factors driving the market demand during the forecast period were the rising need for less invasive surgical treatments and technological advancements in image-guided surgery equipment and robot-assisted surgical equipment. The advent of augmented reality, which consists of superimposing the preoperative three-dimensional patient model onto the actual intraoperative image, has made it possible to use these two preoperative processes intraoperatively. Augmented reality gives the surgeon a transparent image of the patient and can also serve as a guide because surgical tools are tracked in real-time during the surgery.
Data Bridge Market Research analyses that the image-guided surgery equipment and robot-assisted surgical equipment market which is USD 248.071 million in 2022, is expected to reach USD 459.16 million by 2030, at a CAGR of 8.00% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Middle East and Africa Image-Guided Surgery Equipment and Robot-Assisted Surgical Equipment Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Robotic Systems, Instruments and Accessories, Interventional Imaging Systems and Services), Application (Abdominal Surgery, Urology, Otorhinolaryngology, Orthopedic Trauma Surgery, Oncology, Gynaecology, Neurology, Spine Surgery, Cardiology, Respiratory, Thoracic Surgery and Others), Procedure Type (Open Surgery and Minimally Invasive), End User (Hospitals, Ambulatory Surgical Centers, Clinics and Others), Distribution Channel (Direct Tender and Retail Sales) |
Countries Covered |
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered |
Brainlab (Germany), General Electric (U.S.), Medrobotics Corporation (U.S.), Medion (Germany), Stereotaxis, Inc. (U.S.), Titan Medical Inc. (Canada), PS-Medtech (Netherlands), Renishaw plc. (U.K.), Intuitive Surgical (U.S.), Zimmer Biomet (U.S.), Siemens Healthcare GmbH (Germany), Medtronic (Ireland), Hitachi Ltd. (Japan), Integra LifeSciences (U.S.), Smith+ Nephew (U.K.), Koniklijke Philips N.V. (Netherlands), ICU Medical, Inc (U.S.), Stryker (U.S.), Johnson & Johnson Services, Inc. (U.S.) |
Market Opportunities |
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Market Definition
Image-guided surgery equipment and robot-assisted surgical equipment are devices that aid in the performance of minimally invasive surgical procedures in order to protect people from the long-term consequences of chronic diseases. These devices play an important role in saving patients' lives in cases of surgical needs for heart issues, trauma, and emergent cases, among other things. Regulatory bodies regulate image-guided surgery equipment and robot-assisted surgical equipment because they are equipped with AI technologies and involve a variety of social and ethical issues.
Middle East and Africa Image-Guided Surgery Equipment and Robot-Assisted Surgical Equipment Market Dynamics
Drivers
- Increase in spinal and neurological injuries
The market for image-guided and robot-assisted surgical operations is anticipated to grow due to hospitals' high expenditures on medical technology and equipment. Currently, a variety of surgical specialties employ the Da Vinci Surgical System to accomplish operations. While spinal and neurological operations are carried out by robots such as Rosa spine and Rosa brain, respectively. When compared to standard processes, this reduces the likelihood of errors. An increase in spinal and neurological injuries is anticipated to further fuel market growth, during the forecast period.
- Increasing incidence of chronic diseases
The prevalence of chronic diseases is rapidly increasing. This is primarily due to people's changing lifestyles and dietary habits all over the world. According to a World Health Organization (WHO) study, non-communicable diseases account for more than 63% of all deaths worldwide. This figure is expected to rise to nearly 75% by 2030. Image-guided and robot-assisted surgical procedures have been shown to be extremely effective in the treatment of chronic diseases such as cancer, heart disease, and stroke. As a result, demand for them is expected to rise in the coming years.
Opportunities
- New technological advancements of robotic surgery
Augmented reality gives the surgeon a transparent image of the patient and can also serve as a guide because surgical tools are tracked in real-time during the surgery. When used in robotic surgery, this tracking tool facilitates visual serving and automatically gives surgical robotic arms three-dimensional positioning and control. Additionally, it can now filter physiological motions such as breathing and heartbeat. The automation of the surgical procedure will be the next advancement in surgery to integrate robotics and augmented reality.
Restraints/Challenges
- Scarcity of qualified surgeons
The market is hampered by the rising demand for surgeries around the world and the scarcity of qualified surgeons. This problem is primarily experienced in underdeveloped nations when appropriate equipment is not readily available, traditional procedures are used and there are more chances for errors. The primary problematic element for the market is acknowledging the new processes and approaches for rural and developing countries.
This image-guided surgery equipment and robot-assisted surgical equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the image-guided surgery equipment and robot-assisted surgical equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2019, At the NASS 2019 in Chicago, Brainlab launched the brand-new mobile intraoperative imaging robot Loop-X. With the introduction of this new product, the company's robotic surgery equipment line gained market share, resulting in future sales and revenue growth.
- In 2019, Genesis RMN, a new robotic platform launched by Stereotaxis, Inc. for the treatment of cardiac arrhythmias, was released. The introduction of this new product broadens its product line and will raise demand going forward.
Middle East and Africa Image-Guided Surgery Equipment and Robot-Assisted Surgical Equipment Market Scope
The image-guided surgery equipment and robot-assisted surgical equipment market is segmented on the basis of type, application, procedure type, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Robotic Systems
- Instruments
- Accessories
- Interventional Imaging Systems
- Services
Application
- Abdominal Surgery
- Urology
- Otorhinolaryngology
- Orthopedic Trauma Surgery
- Oncology
- Gynaecology
- Neurology
- Spine Surgery
- Cardiology
- Respiratory
- Thoracic Surgery
- Others
Procedure Type
- Open Surgery
- Minimally Invasive
End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others
Distribution Channel
- Direct Tender
- Retail Sales
Image-Guided Surgery Equipment and Robot-Assisted Surgical Equipment Market Regional Analysis/Insights
The image-guided surgery equipment and robot-assisted surgical equipment market is analyzed and market size insights and trends are provided by country, type, application, procedure type, end user and distribution channel as referenced above.
The countries covered in the image-guided surgery equipment and robot-assisted surgical equipment market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
South Africa dominates the Middle East and Africa image-guided surgery and robot-assisted surgical equipment market due to the quick transiotion from minimally invasive robotic aided surgeries to open surgical procedures.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The image-guided surgery equipment and robot-assisted surgical equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for image-guided surgery equipment and robot-assisted surgical equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the image-guided surgery equipment and robot-assisted surgical equipment market. The data is available for historic period 2011-2021.
Competitive Landscape and Image-Guided Surgery Equipment and Robot-Assisted Surgical Equipment Share Analysis
The image-guided surgery equipment and robot-assisted surgical equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to image-guided surgery equipment and robot-assisted surgical equipment market.
Some of the major players operating in the image-guided surgery equipment and robot-assisted surgical equipment market are:
- Brainlab (Germany)
- General Electric (U.S.)
- Medrobotics Corporation (U.S.)
- Medion (Germany)
- Stereotaxis, Inc. (U.S.)
- Titan Medical Inc. (Canada)
- PS-Medtech (Netherlands)
- Renishaw plc. (U.K.)
- Intuitive Surgical (U.S.)
- Zimmer Biomet (U.S.)
- Siemens Healthcare GmbH (Germany)
- Medtronic (Ireland)
- Hitachi Ltd. (Japan)
- Integra LifeSciences (U.S.)
- Smith+ Nephew (U.K.)
- Koniklijke Philips N.V. (Netherlands)
- ICU Medical, Inc (U.S.)
- Stryker (U.S.)
- Johnson & Johnson Services, Inc. (U.S.)
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