Spinal Surgical Robots Market

Date: 2016-05

Surgical methods have been transforming significantly with the advent of automated devices and robotic systems. One such technology is the spine surgical robot. It is a robot specifically designed to work on spinal column with high precision and safety as the blood vessels and nerves surrounding the vertebra are quite delicate and can cause serious problems if damaged. Surgical robots are gaining prominence in the developed nations, within the next five years, one out of three surgeries are expected to be performed by surgical robots. Robots not only decrease the time of surgery but also maintain precision and enhance the overall success rate of an organization. Driven by the following factors the market is set to reach a market value of $364.6m by 2021 growing at a CAGR of 13.1% from its present value of $171.9m.

The chief applications of the robots are to perform operations such as laminectomy, spinal fusion, foraminotomy, discectomy, disc replacement and interlaminar implant. Spinal fusions followed by disc replacement are the major applications for spinal surgical robots. These machines are programmed to deliver surgeries in three approaches: anterior, posterior and lateral approach. The most preferred approach is the anterior approach which is generally used for degenerative disc diseases, slipped vertebrae and scoliosis. Increasing focus on minimally invasive surgery in healthcare systems coupled with patients’ preference supports the market growth.

The major regions and key countries have been studied with respect to this market and the results have been analyzed. Americas region held the largest share for spinal surgical robots in 2015 mainly due to the high standards of surgeries and innovation by the market players. Europe is the second largest market followed by Asia Pacific. APAC is set to be fastest growing market for the surgical robots owing to increasing awareness about the treatment of spinal disorder with precision and safety and growing adoption of robots by healthcare organization.

The key market providers of spinal surgical robots are:
Intuitive Surgical, Inc. (U.S.)
Mazor Robotics Ltd (Israel)
Stryker Corporation (U.S.).

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