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SPINE SURGERY ROBOTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Spine Surgery Robots Market, By Surgery Type (Laminectomy, Foraminotomy, Microdiscectomy, Kyphoplasty, Spinal fusion, and Others), By Indication (Herniated Discs, Scoliosis, Spinal Stenosis, Spondylolisthesis, Degenerative Disc Disease, and Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Mar 2024
  • Code : CMI6797
  • Pages :170
  • Formats :
      Excel and PDF
  • Industry : Medical Devices
Market Challenges: Inadequate reimbursement policies

The spine surgery robots market faces several challenges. High upfront equipment and maintenance costs have made hospitals hesitant to invest in robotic surgery. Many surgeons also need extensive training to operate robots proficiently, requiring an additional financial commitment. Some procedures also remain difficult to automate, like soft tissue manipulations. Reimbursement policies sometimes do not adequately cover the additional costs of robotic surgery either. Convincing patients of the benefits compared to traditional spine surgeries also takes marketing efforts.

Market Opportunities: Ongoing technological advancement for enhancing robotic features

A growing geriatric population undergoing more spine surgeries creates increased demand. Robotic systems offer improved precision, flexibility, and vision over manual ones. This can potentially reduce complications and lead times for patients. Ongoing technological advancements are enhancing robotic dexterity and autonomous functions. Favorable clinical evidence demonstrating superior outcomes versus open surgeries would help accelerate the market development over the forecasted period.

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