Global Surgical Navigation Market, Industry Insights by Technology, Application and Patient Care Setting - Analysis by 2024


Posted July 10, 2019 by vynzresearch

The global surgical navigation market is growing at a significant rate, due to mounting occurrence of neurological and orthopedic disorders and expanding the geriatric population.

 
The global surgical navigation market is growing at a significant rate, due to mounting occurrence of neurological and orthopedic disorders and expanding geriatric population. Different applications contributed to the surgical navigation market size.

On the basis of technology, the market is subdivided into hybrid navigation systems, optical navigation systems, and electromagnetic (EM) navigation systems. Optical navigation systems market is expected to grow at the fastest rate during the forecast period.

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On the basis of application, the surgical navigation market is subdivided into dental navigation, ENT navigation, spinal navigation, neuro navigation and orthopedic navigation.

The escalating occurrence of orthopedic & neurology disorder, mounting occurrence of ENT disorders, mounting healthcare expenditure, technological improvements and novel product introductions and upsurge in regulatory approvals are the primary growth drivers for surgical navigation market.

Recognition of surgical navigation systems in ambulatory settings, expanding geriatric population and budding government finance plans for research and development activities are also facilitating the growth for the surgical navigation market.

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North America is the largest surgical navigation market as in the region the acceptance of minimally invasive surgery is increasing. Asia-Pacific is observed to witness the fastest growth in the market, as the region comprises of large population base.

Key players in the surgical navigation market are catering to the demand of these devices by investing on technologically advanced products in their product portfolio across the globe.

Medtronic PLC, Amplitude Surgical, Brainlab AG, Zimmer Biomet Holdings, Fiagon GmbH, Scopis GmbH, Karl Storz GmbH & Co. Kg, B. Braun Melsungen AG, Stryker Corporation, Inc., and Siemens AG are the key players offering surgical navigation solutions.

Source: VynZ Research
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Last Updated July 10, 2019