Surgical Navigation System Market Report-By Technology Type(Navigation Systems -Electromagnetic, Hybrid, Optical, Fluoroscopy-based), By Applications(Surgery-Neurological, ENT, Orthopedic, Cardiac, Dental), By End Users(Hospital & Nursing Homes, Ambulatory Surgical Centers)

Global Surgical Navigation System Market Analysis, 2017-2025

Market Highlights

The global surgical navigation systems market is expected to reach USD 1.3 billion by 2025 from USD 0.692 billion in 2017, at a CAGR of 6.3% during the forecast period (2016–2021). Growth of this market is primarily driven by factors such as advancement in medical equipments technology by major manufacturers, rising demand for minimally invasive surgeries, favorable regulations and reimbursement policies and major business growth strategies by key players. Further, the unceasing development in navigation software as well as hardware will lure healthcare facilities to frequently upgrade their systems to the most modern versions. Also, the arrival of new companies who are looking to deliver navigation systems at a more budget-friendly value will expand the market to smaller facilities who, in the past, could not afford the expensive systems.

• Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiative, technological up-gradation, market expansion and marketing tactics.
• The global surgical navigation system market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for surgical navigation system market, research and consulting firms, new entrants and financial analysts
• It profiles leading players in the global disease control and prevention vaccine market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans

Key Players Mentioned In the Report

Aesculap Implant Systems (B. Braun Melsungen AG), BrainLAB AG, GE Healthcare, Siemens Healthcare Corporation, LLC Medtronic, Zimmer Holdings and Stryker Corporation.

Market Segmentation

By Technology Type

• Electromagnetic Navigation Systems
• Hybrid Navigation Systems
• Optical Navigation Systems
• Fluoroscopy-based Navigation Systems

By Applications

• Neurological Surgery
• ENT Surgery
• Orthopedic Surgery
• Cardiac Surgery
• Dental Surgery
• Other Applications

By End Users

• Hospital and Nursing Homes
• Ambulatory Surgical Centers

The global surgical navigation systems market by geography is segmented into five regions, namely, North America, Europe, Asia-Pacific, Latin America and MEA.

North America the largest market for surgical navigation systems globally, in terms of value, and occupied nearly 35.0% share of the global market in 2017. The North America surgical navigation market is majorly driven by replacement sales to new facilities and huge healthcare expenditure by government. Moreover, the reimbursement policies in the U.S. comprise of majority of treatment procedures and surgeries through the Medicare and Medicaid Services.

Scope & Study Objectives Of This Report Are:

• Ongoing and forecast period global surgical navigation system market lookout in the developed and emerging markets
• Analysis of the segment are expected to witness the fastest growth during the forecast period
• To examine market competition scenario including expansions, product launches, generation capacity, item esteem, material parameters, conveyance chain, agreements and merger acquisitions.
• The local regulatory reforms, reimbursement and improvement strategies along with the forecast are clarified in each key point that indicates the general execution and issues in key areas, for example, the US, Asia Pacific, Middle East & Africa and Europe.