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.
Strategic insights for the Middle East & Africa Neurosurgical Robotics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Neurosurgical Robotics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Neurosurgical Robotics Strategic Insights
Middle East & Africa Neurosurgical Robotics Report Scope
Report Attribute
Details
Market size in 2022
US$ 116.23 Million
Market Size by 2028
US$ 255.79 Million
Global CAGR (2022 - 2028)
14.0%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Component
By Application
By Surgery Type
By End User
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Neurosurgical Robotics Regional Insights
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.
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.