The surgical navigation system is an integral part of the computer assisted surgery (CAS) executed with the help of digital imaging technology. The computer assisted surgeries and surgical navigation systems were initially used for neurological and ENT surgical applications. However, with increased sophistication, advancement in technology and affordability, the surgical navigation systems are being used in wide range of surgical applications.
The surgical navigation systems assist the surgeons in pre-operative planning and help in accurate navigation of surgical instruments during the surgical procedure. As a result, it helps in completing a surgery through minimal incision and improved patient convenience. The global surgical navigation systems market is expected to witness significant growth during the forecast period owing to increasing adoption, and rising number of patients with neurological, orthopedic, and ENT orders around the globe.
North America contributed the largest share to the global surgical navigation systems market in 2019 and is anticipated to be the dominating geography throughout the forecast period. Increasing penetration of minimal invasive surgeries and prevalence of neurological and orthopedic disorders is expected to drive the growth of surgical navigation systems market in coming years.
Asia Pacific is anticipated to be the fastest growing geography during the forecast period owing to rapid adoption of advanced surgical technologies, high prevalence of orthopedic disorders, and expanding geriatric population in major countries such as China, South Korea, Japan, India and Singapore.
The report titled “Surgical Navigation Systems Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global surgical navigation systems market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market. For instance, Siemens Healthineers AG reported revenues of USD 15.85 billion in 2019 and the product segment analysis of the company indicates that Imaging business segment of the company dominated revenue in 2019.
The global surgical navigation systems market is segmented based on technology, application, end user, and geography. Based on technology, the global surgical navigation systems market is segmented into electromagnetic, optical, and others. Based on application, the global surgical navigation systems market is segmented into ear-nose-throat (ENT), orthopedic, neurology, dental, and others. Based on end user, the global surgical navigation systems market is segmented into hospitals, ambulatory surgical centers, and others. Based on geography, the global surgical navigation systems market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research would provide in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on surgical navigation systems. Market share of prominent companies in the global surgical navigation systems market would be included.
For instance, Siemens Healthineers AG operates through three business divisions namely Imaging, Diagnostics, and Advanced Therapies. The surgical navigation systems products are delivered under Imaging business segment of the company with revenue contribution of US$ 9,770.4 million in 2019.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the surgical navigation systems companies. Furthermore, the global surgical navigation systems market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the surgical navigation systems market business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global surgical navigation systems market.
Major players active in the global surgical navigation systems market include Aesculap, Inc., B. Braun Melsungen AG, Brainlab AG, CAScination AG, ClaroNav, DePuy Synthes (Johnson & Johnson), Fiagon GmbH, Medtronic plc, NeuroLogica Corp., OMNILife science, Inc., Siemens Healthineers AG, Stryker, and Zimmer Biomet.
Market Segmentation
By Technology
By Application
By End user
By Geography
North America contributed the largest share to the global surgical navigation systems market and is anticipated to be the dominating geography throughout the forecast period. Increasing penetration of minimal invasive surgeries and prevalence of neurological and orthopedic disorders is expected to drive the growth of surgical navigation systems market in coming years.
The global surgical navigation systems market is expected to witness significant growth during the forecast period owing to increasing adoption, and rising number of patients with neurological, orthopedic, and ENT orders around the globe.
Based on technology, the surgical navigation system market is segmented into electromagnetic, optical, and others.
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