Product Code: ETC066948 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines minimally invasive neurosurgical systems market is expected to grow at a CAGR of 6.8% during the forecast period 2025-2031. The increasing demand for minimally invasive neurosurgery, growing prevalence of neurological disorders and rising geriatric population are some of the major factors driving the growth of this market in the country. Additionally, government initiatives to improve healthcare infrastructure and rising awareness about advanced treatment options are also augmenting the growth prospects of this market in Philippines
Medical technology companies are focusing on developing miniaturized medical devices that can be used for minimally invasive surgeries with higher accuracy and safety levels compared to traditional surgical techniques. This has enabled surgeons to perform complex neurosurgical procedures more efficiently and effectively leading to an increased adoption rate among physicians for such advanced technologies in their practice patterns globally as well as in Philippines which would further drive its demand over next five years. Further, with advancements in robotics technology, robotic assisted surgery has become widely accepted technique especially for complex spinal interventions due to its superior precision & accuracy level compared with conventional open or laparoscopic approaches resulting into reduced operation time & better outcomes. For instance, Mako SurgicalRobotics system from Stryker Corporation enables surgeons worldwide including those operating within Philippine markets to plan & perform joint replacement procedures through robotic assistance thus providing efficient clinical results with shorter recovery times which is likely boost its adoption rate across various hospitals & clinics located within country contributing towards overall industry growth during forecast timeframe.
Around 50 million people living across Southeast Asian region including Philippines suffering from various forms of neurological diseases ranging from stroke, epilepsy etc., making it one most common medical conditions affecting general public throughout world with around 10 percent population facing some kind issue related nerve function loss every year leading towards development newer treatments methods via use sophisticated tools amongst patient base residing within nation thus creating significant commercial opportunities ahead existing players involved offering innovative solutions pertaining same domain subsequently positively impacting upon overall industry expansion outlook till 2031 end
High Cost Associated With Minimally Invasive Procedures Along With Shortage Of Skilled Professionals Could Hamper Market Growth
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Minimally Invasive Neurosurgical Systems Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Minimally Invasive Neurosurgical Systems Market - Industry Life Cycle |
3.4 Philippines Minimally Invasive Neurosurgical Systems Market - Porter's Five Forces |
3.5 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume Share, By Type of Surgery, 2021 & 2031F |
3.7 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Minimally Invasive Neurosurgical Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Minimally Invasive Neurosurgical Systems Market Trends |
6 Philippines Minimally Invasive Neurosurgical Systems Market, By Types |
6.1 Philippines Minimally Invasive Neurosurgical Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Handheld Instruments, 2021-2031F |
6.1.4 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Inflation Devices, 2021-2031F |
6.1.5 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Guiding Devices, 2021-2031F |
6.1.6 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Electrosurgical & Electrocautery Instruments, 2021-2031F |
6.1.7 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Minimally Invasive Neurosurgical Systems Market, By Type of Surgery |
6.2.1 Overview and Analysis |
6.2.2 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Cardiothoracic, 2021-2031F |
6.2.3 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Gastrointestinal, 2021-2031F |
6.2.4 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Gynaecological, 2021-2031F |
6.2.5 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Urological, 2021-2031F |
6.2.6 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Minimally Invasive Neurosurgical Systems Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Hospitals, 2021-2031F |
6.3.3 Philippines Minimally Invasive Neurosurgical Systems Market Revenues & Volume, By Ambulatory Surgery Centers, 2021-2031F |
7 Philippines Minimally Invasive Neurosurgical Systems Market Import-Export Trade Statistics |
7.1 Philippines Minimally Invasive Neurosurgical Systems Market Export to Major Countries |
7.2 Philippines Minimally Invasive Neurosurgical Systems Market Imports from Major Countries |
8 Philippines Minimally Invasive Neurosurgical Systems Market Key Performance Indicators |
9 Philippines Minimally Invasive Neurosurgical Systems Market - Opportunity Assessment |
9.1 Philippines Minimally Invasive Neurosurgical Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Minimally Invasive Neurosurgical Systems Market Opportunity Assessment, By Type of Surgery, 2021 & 2031F |
9.3 Philippines Minimally Invasive Neurosurgical Systems Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Minimally Invasive Neurosurgical Systems Market - Competitive Landscape |
10.1 Philippines Minimally Invasive Neurosurgical Systems Market Revenue Share, By Companies, 2024 |
10.2 Philippines Minimally Invasive Neurosurgical Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |