Surgical Navigation Systems Market Outlook 2023
The Global Surgical Navigation Systems Market is Expected to Grow Significantly Over the Forecast Period. It is Anticipated that the Market held a Valuation of USD 753.6 million in 2018 and is Projected to Register a CAGR of 6.7% Over the Forecast Period.
Various other factors such as the increasing prevalence of orthopedic & neurology disorders, acceptance of surgical navigation systems in ambulatory settings, untapped emerging markets, rise in regulatory approvals, and increasing healthcare expenditure are also expected to propel the growth of the market.
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According to the Australian Institute of Health and Welfare, from 2015 to 2016, there were 10.6 million hospitalizations, and 1 in 4 hospitalizations involved a surgical procedure. The increasing number of surgical procedures and technological advancements are some of the key factors driving the surgical navigation systems market.
Surgical Navigation Systems Market – Segmentation
The Global Surgical Navigation Systems Market is segmented based on technology, application, end user, and region.
By technology, is segmented into optical navigation systems, electromagnetic (EM) navigation systems, and hybrid navigation systems.
Based on application, the market is segmented into neuronavigation systems, ENT navigation systems, orthopedic navigation systems, spinal navigation systems, and dental navigation systems. The orthopedic navigation systems segment is further classified as imageless orthopedic navigation systems, CT-based orthopedic navigation systems, and fluoroscopy-based orthopedic navigation systems.
Based on end user, the market is segmented into hospitals, ambulatory surgical centers, and others. The ambulatory surgical centers segment is expected to witness the fastest growth over the forecast period due to a shortage of hospital beds and rising adoption of ambulatory surgical centers.
Some of the key players in the global surgical navigation systems market are
- Stryker Corporation
- Depuy Synthes
- R. Bard Inc.
- Medtronic Plc.
- Amplitude Surgical
- Brainlab AG
- Scopis GmbH
- Zimmer Biomet Holdings Inc.
- Fiagon AG
- Karl Storz GmbH & Co. Kg
- Omni Health Inc.
- CAScination AG
- Siemens AG
- and others.
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In the current scope of the study, the segments mentioned above are covered into the four global regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and African region.
The surgical navigation systems market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European surgical navigation systems market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The surgical navigation systems market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The surgical navigation systems market in the Middle East & Africa has been segmented into the Middle East and Africa.
LIST OF TABLES
Table 1 Surgical Navigation Systems Market Synopsis, 2019–2024
Table 2 Surgical Navigation Systems Market Estimates And Forecast, 2019–2024 (USD Million)
Table 3 Global Surgical Navigation Systems Market, By Region, 2019–2024 (USD Million)
Table 4 Global Surgical Navigation Systems Market, By Technology, 2019–2024 (USD Million)
Table 5 Global Surgical Navigation Systems Market, By Application, 2019–2024 (USD Million)
Table 6 Global Surgical Navigation Systems Market, End User, 2019–2024 (USD Million)
Table 7 North America: Surgical Navigation Systems Market, By Technology, 2019–2024 (USD Million)
Table 8 North America: Surgical Navigation Systems Market, By Application, 2019–2024 (USD Million)
Table 9 North America: Surgical Navigation Systems Market, End User, 2019–2024 (USD Million)
…To be Continued.
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- Medical devices companies
- Government and private laboratories
- Research and development (R&D) companies
- Research laboratories
- Market research and consulting service providers
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