DUBLIN--(BUSINESS WIRE)--The "Surgical Navigation System Market by Technology, by Application, by End User and by Geography - Global Market Size, Share, Development, Growth and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
The growth in the market will be led by the rising prevalence of orthopedic, neurological, and ENT disorders, increasing adoption of minimally invasive surgical procedures, rising aging population, technological advancements, and increasing regulatory approval for navigation systems, that can be used in various surgeries.
The surgical navigation system market has been categorized into optical, electromagnetic and hybrid navigation systems, based on technology, where optical navigation systems are expected to witness the fastest growth in demand, at CAGR of 7.3% during the forecast period. The demand for optical navigation systems is expected to grow continuously, since the surgeons can perform interventions with greater safety and precision, and this method also minimizes radiation exposure to the patient as well as the staff in operation room.
Optical navigation systems have been further bifurcated into fluoroscopy and CT based navigation system where fluoroscopy based navigation systems accounted for the larger share, standing at 77.0% in 2016. The category is also expected to register faster growth during the forecast period, mainly due to economical prices and usage of fluoroscopy based navigation system as compared to the CT based system.
Surgical navigation systems are used for several applications such as neuro navigation, orthopedic navigation, ENT navigation, dental navigation, and cardiac navigation system. Globally, neuro navigation systems occupied the largest share in the market in 2016 and is also expected to grow at a faster pace attaining CAGR of 7.7% by 2023. The neuro navigation system provides real-time intraoperative guidance during brain and/or spinal surgery, leading to its growing market demand.
Key Topics Covered:
1. Research Background
2. Research Methodology
3. Executive Summary
5. Global Market Size and Forecast
6. North America Market Size and Forecast
7. Europe Market Size and Forecast
8. APAC Market Size and Forecast
9. LATAM Market Size and Forecast
1.. MEA Market Size and Forecast
11. Competitive Landscape
12. Company Profiles
- B. Braun Melsungen AG
- Brainlab AG
- Fiagon Gmbh
- General Electric Company
- Koninklijke Philips N.V.
- Medtronic PLC
- Orthalign, Inc.
- Scopis GMBH
- Siemens AG
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
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