Ever since the last decade, the number of prevalence of trauma is increasing on a global level which is resulting in equal number of surgeries. Besides, the swelling elderly population across the world is leading to increased need for orthopedic replacements primarily, shoulder replacement, knee replacement and hip replacement surgeries. With respect to the market, the electromagnetic surgical navigation system has been split into ENT Navigation system, Orthopedic Navigation system, Spinal Navigation system, and Neurosurgery Navigation system. With all of these navigation systems, surgeons are able to intervene by means of computer technology and imaging technologies prior to the surgery. Surgeons get the ability to keep a tab of the specific location of exclusive surgical instruments while in the middle of surgeries. The assessment rendered by these systems draw the location of instruments which is peculiarly constructive in cases where in the surgeons is unable to situate the tip of instruments, e.g., while performing minimally-invasive surgeries.
Top Manufactures Analysis of Electromagnetic Surgical Navigation System: Medtronic, Brainlab, Fiagon, Collin Medical, Karl Storz, Scopis, Veran Medical
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The global electromagnetic surgical navigation system market is anticipated to witness an optimistic growth during the forecast period owing to several factors such as better lifestyle, growing healthcare expenditure and rising awareness related to the advancement in the healthcare technologies. Currently, the neurosurgical navigation system segment market is dominating the global electromagnetic surgical navigation system market. Following it is the orthopedic surgical navigation systems market, which is predicted to dwell at a much rapid rate due to the swelling geriatric population. Apart from these, enhanced technologies and rising awareness of navigation systems’ use in soft-tissue surgeries, growing medical tourism, egressing ambulatory surgery centers, and ascending partnerships between surgical navigations along with the medical imaging systems in future are a few prime components which are fuel the global electromagnetic surgical navigation system market during the forecast period. Nevertheless, surgical procedures which involve electromagnetic surgical navigation systems are not very cost-efficient and therefore might pose a threat in the global market especially from the emerging countries. Additionally, the deficient nature of these navigation systems with several other surgical systems and broad need of onsite calibrations will restrict the market growth.
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Geographically, the North American market of electromagnetic surgical navigation system is dominating followed by the European market. Besides, the Asia Pacific market is also rendering a lucrative outcome for this industry. Factors like increased government initiative to better the healthcare infrastructure in the Asia Pacific countries along with the availableness of latest facilities are anticipated to flourish the electromagnetic surgical navigation system market on a global level. A few of the market manufacturers of this industry are Collin Medical, Medtronic, Karl Storz, Veran Medical, Scopis, Brainlab, and Fiagon.
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