Surgical Navigation Systems Market
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, 2014-2022
SURGICAL NAVIGATION SYSTEMS MARKET Surgical navigation systems market was valued at $628 million in 2015, and is projected to reach $963 million by 2022, growing at a CAGR of 6.3% from 2016 to 2022, according to a new report published by Allied Market Research. Optical navigation systems segment is expected to grow at the highest growth rate during the forecast period, owing to benefits such as minimum radiation exposure and preciseness & accuracy during complex surgeries. The major factors that drive the growth of this market include rise in adoption of minimal invasive surgeries, improvement in healthcare infrastructure in emerging economies, numerous technological advancements, increase in incidence of ENT and neurosurgery-related disorders, and growth in knee replacement surgeries globally. However, high cost of these systems and stringent FDA rules are the major barriers that restrain the market growth. ENT navigation system segment is anticipated to grow at the highest CAGR, attributed to the increase in prevalence of ENT-related disorders and rise in adoption of surgical navigation systems among ambulatory settings. Neurosurgery navigation system held the largest market share in 2015, accounting for more than two-fifths share, owing to high adoption rate of navigation systems in neurosurgical procedures.
SURGICAL NAVIGATION SYSTEMS MARKET
Rise in Technological Advancements Technological advancements in surgical navigation systems result in added features, higher success rate, and newer application of the device depending on its usage in various surgical procedures. Thus, the demand for such innovative products among medical professionals is on a rise due to ease of operation, improved surgical results, and improved quality of treatment. Key players have invested heavily on R&D to introduce advanced surgical navigation system in the market and gain a competitive edge. Some of the recent technological developments observed in this market are as follows: • In January 2017, Philips designed and developed its first augmented-reality surgical navigation technology system to assist surgeons in image-guided open and minimally-invasive spine surgery. • In March 2016, OrthAlign, Inc. received FDA approval for the world’s first handheld navigation device used in knee arthroplasty.
SURGICAL NAVIGATION SYSTEMS MARKET Surgical Navigation System Market Key Benefits: • The study provides an in-depth analysis of the surgical navigation systems market, with current trends and future estimations to elucidate the imminent investment pockets. • It provides a quantitative analysis from 2014 to 2022 to enable the stakeholders to capitalize on prevailing market opportunities. • Extensive market analysis helps in understanding the various trends and prevailing opportunities. • Comprehensive geographical analysis is provided to determine the major opportunities in these geographies. • Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market. Download Sample Copy: https://www.alliedmarketresearch.com/request-sample/1458
SURGICAL NAVIGATION SYSTEMS MARKET
Canada Surgical Navigation Systems Market, 2014-2022 ($Million)
SURGICAL NAVIGATION SYSTEMS MARKET Top Investment Pockets
SURGICAL NAVIGATION SYSTEMS MARKET Surgical Navigation System Market Segmentation
SURGICAL NAVIGATION SYSTEMS MARKET
The report provides a comprehensive analysis of key players operating in this market such as • • • • • • • • • •
Medtronic plc (Ireland) Stryker Corporation (U.S.) 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. (U.S.) Siemens Healthineers (Germany).
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SURGICAL NAVIGATION SYSTEMS MARKET
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SURGICAL NAVIGATION SYSTEMS MARKET
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