Product Description
The global robotic-assisted spine surgery system market was valued at $730 million in 2024. This is expected to increase over the forecast period at a CAGR of 14% to reach $1.8 billion.
The full report suite on the global market for robotic-assisted spine surgery systems includes three segments: capital equipment, disposables and other accessories and services and maintenance revenue. Regional volumes of robotic-assisted spine surgery procedures are also reported.
This report includes data for 65 countries across 7 different regions. These regions are North America, Latin America, Western Europe, Central & Eastern Europe, Middle East, Asia-Pacific, and Africa.
Competition landscape is another exciting area that needs to be closely monitored. In 2024, Johnson & Johnson, through Depuy Synthes in collaboration with eCential Robotics, launched its VELYS™ Active Robotic-Assisted System (VELYS™ SPINE). Moreover, Stryker’s upcoming launch of Stryker’s Mako system with spine application will have an impact to this market dynamics in the near future.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2021
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL ROBOTIC-ASSISTED SPINE SURGERY SYSTEM MARKET TRENDS
In 2024, North America represented the largest proportion of the overall robotic-assisted spine surgery system market, while Africa represented the smallest. Over the forecast period, Latin America is expected to contribute a relatively consistent amount to the overall market value from its double-digit compound annual growth rate (CAGR). North America, Western Europe and Asia-Pacific comprised more than 80% of the overall robotic-assisted spine surgery market. Among these three regions, Asia-Pacific is anticipated to see the highest growth over the forecast period, with a substantial double-digit CAGR. As a result, Asia-Pacific’s share of the overall market is expected to increase considerably.
GLOBAL ROBOTIC-ASSISTED SPINE SURGERY SYSTEM MARKET SHARE INSIGHTS
- Medtronic led the global robotic-assisted spine surgery system market in 2024. The company offers its spinal robotic system with navigation capabilities, MAZOR X Stealth™ Edition. Medtronic inherited this system following its acquisition of Mazor Robotics in 2018 and has been the market leader ever since.
- Globus Medical was the second lead company in the market. The company offers its ExcelsiusGPS® robotic guidance and navigation system, which is designed to be used during orthopedic and neurosurgical spine procedures. The system is compatible with Globus Medical’s implants and instruments.
- Brainlab held the third-leading position in the robotic-assisted spine surgery system market globally. It markets Cirq®, a robotic platform that can be used for both spine and neurosurgery. The system is unique compared with Medtronic and Globus Medical’s robots, as it is much more affordable, costing a fraction of the ASP of other systems in the market.
GLOBAL ROBOTIC-ASSISTED SPINE SURGERY SYSTEM MARKET SEGMENTATION SUMMARY
- Capital Equipment Market
- Limited Use Accessories Market
- Services Revenue Market
- Maintenance Revenue Market
GLOBAL RESEARCH SCOPE
Report Attribute | Details |
---|---|
Regions | North America (Canada, United States) Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom) Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam) Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
Base Year | 2025 |
Forecast Period | 2025-2031 |
Historical Data | 2021-2023 |
Quantitative Data | Procedure Numbers, Market Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices |
Qualitative Data | COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |