Surgical Navigation Systems Market Will Hit Big Revenues In Future – Report By Introspective Market Research

PRESS RELEASE
Published February 11, 2023

Surgical Navigation Systems Market Will Hit Big Revenues In Future – Report By Introspective Market Research

Market Overview:

The Surgical Navigation Systems Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.

Surgical navigation systems allows surgeons to precisely track instrument positions and then project the instrument position onto the preoperative imaging data Integration with imaging systems such as CT scanners and MRI machines has become standard practice in surgical navigation (MRI). Because of intraoperative navigation and imaging systems, surgeons are able to snap a photo of the precise location during surgery where their navigation instrument is contacting the patient’s anatomy. This is made possible by technology. The most typical applications for surgical navigation systems are treatments involving the nervous and skeletal systems, specifically neurosurgery, spine surgery, orthopedic surgery, and otorhinolaryngology. It is expected that throughout the period in question, the global market will be driven by the growing utilization and accessibility of surgical navigation systems, in addition to the growing need for minimally invasive non-surgical goods all over the world.

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The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis

Top Key Players Covered In The Surgical Navigation Systems Market:

  • Amplitude Surgical SA (Europe)
  • Brainlab AG (Germany)
  • Braun Melsungen AG (Germany)
  • Intersect ENT (United States)
  • Karl StorzGmBH&Co. KG(Germany)
  • Medtronic PLC(Europe)
  • ScopisGmBH (Germany)
  • Siemens (Germany)
  • Stryker Corporation (United States)
  • Zimmer Biomet Holdings Inc. (United States) and Other Major Players

Market Dynamics and Factors: 

Due to rise in awareness about usage and benefits of surgical navigation systems most of the surgery segment are using this navigation system widely and driving the market. It has emerged as one of the most reliable representatives of technology as it continues to transform surgical interventions into safer and less invasive procedures. Surgical navigation technology allows surgeons to precisely track instrument positions and then project the instrument position onto the preoperative imaging data. This sophisticated technology is often compared to GPS tracking, which allows travelers to see their position on a map.

High adoption of technologically advanced equipment expected to grow Surgical Navigation Systems market. In surgery, navigation has spurred technical progress, enabled more daring procedures, and unlocked new synergies This progress allowed for newer and more challenging surgical approaches, which in turn resulted in the need for better and more effective technical tools.

Surgical Navigation Systems Market Report Highlight:

  • By Technology, Electromagnetic Navigation Systems segment is anticipated to lead the growth of the Surgical Navigation Systems market in the forecasted timeframe. Use of electromagnetic technology to obtain spatial navigation information in real time, thus making it possible to accurately use therapeutic and real-time navigation during surgery and electromagnetic systems are cheaper and offer a better line of sight as compared to other navigation systems used in surgical procedures.
  • By Application, Neurosurgery Navigation Systems segment is expected to have the highest share of the Surgical Navigation Systems market over the projected period. An increasing neurosurgeries driving the market because most the people are suffering from brain tumor and brain cancer which leading to increase in neurological surgeries worldwide.
  • The North American region is expected to have the highest share of the Surgical Navigation Systems market over the projected period as well-established healthcare and medical equipment industries are present in this region. The most important element contributing to the expansion of the market is the rise in the total number of surgical procedures carried out in North America. In addition, North America is currently in the driver’s seat when it comes to the market for surgical navigation systems.

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Key Industry Development:

In March 2019, Brainlab acquired Medineering, a robotics platform company. Medineering is a developer of application-specific robotic technologies. This strategic acquisition is expected to help Brainlab expand its surgical navigation systems portfolio. Furthermore, Smith & Nephew acquired Brainlab’s orthopedic joint reconstruction business. This acquisition is likely to enable the companies to develop the technology for digital surgery across a broad range of clinical areas.

In November 2019, Medtronic plc. announced the launch of its Mazor X Stealth Edition. The Mazor X Stealth offers a completely integrated procedural solution for surgical planning, workflow, executions, and confirmation of spine surgeries. The device is a combination of surgical navigation systems and robotics.

Surgical Navigation Systems Market Segmentation:

By Technology

  • Electromagnetic Navigation Systems
  • Optical Navigation Systems
  • Hybrid Navigation Systems
  • CT-Based Navigation Systems
  • Others

By Application

  • Neurosurgery Navigation Systems
  • Orthopedic Navigation Systems
  • ENT Navigation Systems
  • Dental Navigation Systems
  • Others

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For this report, Introspective Market Research has segmented the Surgical Navigation Systems Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Turkey
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Vietnam
    • Thailand
    • Rest of Asia-Pacific
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Iran
    • Rest of MEA
  • Latin America
    • Brazil
    • Argentina
    • Rest of LATAM

Scope of the Report:

The latest research on the Surgical Navigation Systems market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Surgical Navigation Systems industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Surgical Navigation Systems market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Table Of Contents

Chapter 1: Introduction

1.1 Research Objectives

1.2 Research Methodology

1.3 Research Process

1.4 Scope and Coverage

1.4.1 Market Definition

1.4.2 Key Questions Answered

1.5 Market Segmentation

 

Chapter 2:Executive Summary

 

Chapter 3:Growth Opportunities By Segment

3.1 By Technology

3.2 By Application

 

Chapter 4: Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Bargaining Power of Supplier

4.1.2 Threat of New Entrants

4.1.3 Threat of Substitutes

4.1.4 Competitive Rivalry

4.1.5 Bargaining Power Among Buyers

4.2 Industry Value Chain Analysis

4.3 Market Dynamics

4.3.1 Drivers

4.3.2 Restraints

4.3.3 Opportunities

4.5.4 Challenges

4.4 Pestle Analysis

4.5 Technological Roadmap

4.6 Regulatory Landscape

4.7 SWOT Analysis

4.8 Price Trend Analysis

4.9 Patent Analysis

4.10 Analysis of the Impact of Covid-19

4.10.1 Impact on the Overall Market

4.10.2 Impact on the Supply Chain

4.10.3 Impact on the Key Manufacturers

4.10.4 Impact on the Pricing

 

Chapter 5: Surgical Navigation Systems Market by Technology

5.1 Surgical Navigation Systems Market Overview Snapshot and Growth Engine

5.2 Surgical Navigation Systems Market Overview

5.3 Electromagnetic Navigation Systems

5.3.1 Introduction and Market Overview

5.3.2 Historic and Forecasted Market Size (2016-2028F)

5.3.3 Key Market Trends, Growth Factors and Opportunities

5.3.4 Electromagnetic Navigation Systems: Geographic Segmentation

5.4 Optical Navigation Systems

5.4.1 Introduction and Market Overview

5.4.2 Historic and Forecasted Market Size (2016-2028F)

5.4.3 Key Market Trends, Growth Factors and Opportunities

5.4.4 Optical Navigation Systems: Geographic Segmentation

5.5 Hybrid Navigation Systems

5.5.1 Introduction and Market Overview

5.5.2 Historic and Forecasted Market Size (2016-2028F)

5.5.3 Key Market Trends, Growth Factors and Opportunities

5.5.4 Hybrid Navigation Systems: Geographic Segmentation

5.6 CT-Based Navigation Systems

5.6.1 Introduction and Market Overview

5.6.2 Historic and Forecasted Market Size (2016-2028F)

5.6.3 Key Market Trends, Growth Factors and Opportunities

5.6.4 CT-Based Navigation Systems: Geographic Segmentation

5.7 Others

5.7.1 Introduction and Market Overview

5.7.2 Historic and Forecasted Market Size (2016-2028F)

5.7.3 Key Market Trends, Growth Factors and Opportunities

5.7.4 Others: Geographic Segmentation

 

Chapter 6: Surgical Navigation Systems Market by Application

6.1 Surgical Navigation Systems Market Overview Snapshot and Growth Engine

6.2 Surgical Navigation Systems Market Overview

6.3 Neurosurgery Navigation Systems

6.3.1 Introduction and Market Overview

6.3.2 Historic and Forecasted Market Size (2016-2028F)

6.3.3 Key Market Trends, Growth Factors and Opportunities

6.3.4 Neurosurgery Navigation Systems: Geographic Segmentation

6.4 Orthopedic Navigation Systems

6.4.1 Introduction and Market Overview

6.4.2 Historic and Forecasted Market Size (2016-2028F)

6.4.3 Key Market Trends, Growth Factors and Opportunities

6.4.4 Orthopedic Navigation Systems: Geographic Segmentation

6.5 ENT Navigation Systems

6.5.1 Introduction and Market Overview

6.5.2 Historic and Forecasted Market Size (2016-2028F)

6.5.3 Key Market Trends, Growth Factors and Opportunities

6.5.4 ENT Navigation Systems:Geographic Segmentation

6.6 Dental Navigation Systems

6.6.1 Introduction and Market Overview

6.6.2 Historic and Forecasted Market Size (2016-2028F)

6.6.3 Key Market Trends, Growth Factors and Opportunities

6.6.4 Dental Navigation Systems: Geographic Segmentation

6.7 Others

6.7.1 Introduction and Market Overview

6.7.2 Historic and Forecasted Market Size (2016-2028F)

6.7.3 Key Market Trends, Growth Factors and Opportunities

6.7.4 Others: Geographic Segmentation

Continue.

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