The global demand for Surgical Navigation System Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Surgical navigation systems are an crucial part of modern computer-assisted surgeries. It is mainly used for guidance and assistance to a surgeon’s movement during surgery and helps to enhance the accuracy of the surgical procedure. It allows the medical professionals to prepare a particular plan for the surgery beforehand and navigate the instruments properly during the process. Surgical navigation systems are employed in essential neurosurgeries, ENT surgeries, oral, orthopedic, maxillofacial, radiological surgeries, and others.
Improving technologies surrounding medical procedures has contributed to the popularity and the significant market growth of surgical navigation systems. The increase in the geriatric population and health disorders like cancer, osteoarthritis, ENT ailments, etc., is expected to bring about a significant boost for the market. Recent years have seen a substantial rise in the demand for minimally invasive surgeries, proving to be economically viable as it requires shorter stays in the hospital following the procedure. These surgeries require surgical navigation systems for better accuracy, which has ultimately escalated the demand for such technologies. An increase in the number of regulatory approvals across different countries, government assistance, partnerships, and agreements among market players have also played a major role in the growth of surgical navigation systems market value. However, the expenses related to conducting these procedures are pretty high, which tends to hamper the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of surgical navigation system. The growth and trends of surgical navigation system industry provide a holistic approach to this study.
This section of the surgical navigation system market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Neurosurgery Navigation Systems
- Orthopedic Navigation Systems
- ENT Navigation Systems
- Spinal Navigation Systems
- Dental Navigation Systems
By Patient Care Setting
- Electromagnetic (EM)
- Physician Practices & Ambulatory Settings
This section covers the regional outlook, which accentuates current and future demand for the Surgical Navigation System market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Surgical Navigation System Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the surgical navigation system market include Fiagon GmbH, B. Braun Melsungen AG, Medtronic, Stryker, OMNI, Brainlab AG, Siemens Healthineers, CAScination AG, Scopis GmbH, DePuy Synthes, and Zimmer Biomet. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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