About Surgical Navigation Systems and Software
Surgical navigation systems are an essential part of computer-aided surgery (CAS). These systems represent a concept that supports surgical interventions based on digital imaging technology. Surgical navigation systems are used to guide surgeons' movements during a surgical procedure. On the other hand, surgical navigation systems also help in the process of automating the tasks of surgical navigation systems. These systems are used in orthopedics, ENT, neurology, and other surgical specialties. The software technology enables surgeons to plan and navigate procedures. Real-time observations take place via MRI, scanner, video camera, or another imaging process. The image contains navigation data with which the surgeon can determine the exact position within the organism. Medical imaging is sometimes used to help plan surgery before surgery. The data integration allows the system to compare the actual position of the target object with the ideal location determined during the planning phase. Such systems can be mechanical, electromagnetic, or optical. The most common of all are the optical devices, either passive or active. In the former case, cameras localize certain markings such as reflective targets, certain shapes, or colors. Active systems localized the LEDs.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Surgical Navigation Systems and Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
B. Braun (Germany), BrainLab AG (Germany), CAE Healthcare (United States), ClaroNav (Canada), Collin SAS (France), Fiagon AG Medical Technologies (Germany), GE Healthcare (United States), Smith & Nephew (United Kingdom), Stryker Corporation (United States), Surgical Theater, Inc. (United States), Xion GmbH (Germany), Zimmer Biomet (United States), Heal Force (China), Karl Storz GmbH & Co. KG (Germany), Masmec S.p.A. (Italy) and Medtronic (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Parsiss Co. (Iran) and Shenzhen Anke High-tech Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Surgical Navigation Systems and Software market by , Application (Orthopedic, ENT, Neurosurgery dental, Cardiac and Others) and Region.
On the basis of geography, the market of Surgical Navigation Systems and Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Optical will boost the Surgical Navigation Systems and Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Navigation System Type, the sub-segment i.e. Neurosurgery Navigation Systems will boost the Surgical Navigation Systems and Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Hospitals will boost the Surgical Navigation Systems and Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In March 2019, Zimmer Biomet had received the U.S. Food and Drug Administration (FDA) 510(k) clearance for its ROSA ONE Spine System in robotically assisted surgeries. This surgical navigation system has a real-time patient tracking ability as well as 3D intra-operative software for the patients.
Market Drivers
- Increased Number of Surgical Procedures
- Rising Awareness on the Benefits of Computer Assisted Surgeries (CAS)
- Increasing Number of Road Accidents Requiring Emergency Medical Procedures
- Rise In Population Aged 60 Years And Above
- Increasing Incidence of Orthopedic and Neurological Disorders
Opportunities
- Technological Advancements in Surgical Navigation Systems Adds Features, Higher Success Rate, and Newer Application in Device
- Easy Operations, Improves Surgical Results, And Improved Quality of Treatment Drives the Market
Restraints
- Stringent Rules and Regulations for Product Approval and Product Recall
Challenges
- The Emergence of Local Players
Key Target Audience
Providers of Surgical Navigation Systems and Software, Potential Investors, Market Research Firms, Regulatory Bodies, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.