About Surgical Navigation Systems
Surgical navigation systems are a basic portion of PC helped a medical procedure (CAS). This speaks to an idea that underpins surgeries dependent on advanced imaging innovation. It manages the cost of specialists the occasion to pre-usable arranging and exact careful route of instruments during the strategy. PC helped a medical procedure was created during the eighties. While the system starts from teams in neurosurgery and ENT medical procedure, there is a wide assortment of use handle today. Careful route frameworks additionally aid oral and maxillofacial medical procedures, muscular medical procedures, instinctive radiosurgery just as embed dentistry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 14.2% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Surgical Navigation Systems 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.
Medtronic plc (Ireland),, Stryker Corporation (United States), Brainlab AG (Germany), B. Braun Melsungen AG (Germany), Scopis GmbH (Germany), Fiagon AG (Germany), Karl Storz GmbH & Co. KG (Germany), Amplitude Surgical (France), Zimmer Biomet Holdings, Inc. (United States) and Siemens Healthineers (Germany). are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Surgical Navigation Systems market by Type (Optical Surgical Navigation Systems, Electromagnetic Surgical Navigation Systems and Others), Application (Neurosurgery Surgery , Spinal Surgery, Orthopedic Surgery, ENT Surgery and Others) and Region.
On the basis of geography, the market of Surgical Navigation Systems 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 Navigation Systems, the sub-segment i.e. Hospitals will boost the Surgical Navigation Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Online sales channel
Market Growth Drivers:
Rising Adoption of Minimally Invasive Surgical Procedures, Rise in Orthopedic& Neurology Disorder Prevalence and High Prevalence of ENT Disorders
Challenges:
Survival of Small Players and New Entrants
Restraints:
High Cost of Surgical Navigation Systems
Opportunities:
Technological Advancements and New Product Launches
Market Leaders and their expansionary development strategies
In January 2024,Orthofix Medical Inc. announced it has agreed with MRIguidance to distribute its BoneMRI imaging software in the U.S. The Company also announced the successful completion of the world’s first eight cases utilizing BoneMRI software with 7D’s FLASH Navigation System. BoneMRI creates a synthetic CT from an MRI imaging exam without the use of harmful radiation. For the first time, surgeons, their staff, and patients can now benefit from completely radiation-free preoperative imaging and spinal navigation using BoneMRI with the 7D FLASH Navigation System.
On 13th May 2022, the Adam & Eve Franchise Corporation (AEFC), a division of the largest and most-trusted adult-themed online retailer, AdamEve.com, announced the availability of its 100th destination at 3801A Plank Road, Fredericksburg, Virginia. Local management is planning various entertaining and imaginative events for people over the age of 18 starting Friday, May 13 and continuing throughout this weekend to commemorate this historic shop's grand opening.
Analyst View
The navigation industry continues to see growth in the United States and Europe, and is expected to grow significantly in the Asia-Pacific region. The presence of several large and established firms has kept the average selling price from decreasing but has also allowed companies to employ sales strategies related to partnerships and bundling in order to improve accessibility. The technology has moved far beyond its neurosurgical origins and is expected to see growth in the spinal, ENT, and orthopedic segments. Nevertheless, navigation companies will continue to keep an eye on the emergence of robotics and other competing technologies in order to achieve global growth in the next five years.
Key Target Audience
Surgical Navigation Systems Manufacturing Companies, Medical Device Manufacturers, Venture Capitalists, Research and Consulting Firms and Healthcare Providers
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.