Electromagnetic Tracking Systems Market is Forecasted to Reach CAGR of 10.4% by 2030
Global Electromagnetic Tracking Systems Market research report studies across-the-board evaluation of the market growth predictions and restrictions. The competitor strategies range from new product launches, expansions, agreements, joint ventures, partnerships, to acquisitions. This report comprises of a deep knowledge and information on what the market’s definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is derived from SWOT analysis. Global market research analysis report serves a lot for business and bestows with solution for the toughest business questions. While formulating a reliable Global Electromagnetic Tracking Systems Market report, research and analysis has been carried out with one step or the combination of several steps depending upon the business and client necessities.
With Global Electromagnetic Tracking Systems Market report it becomes easy to develop a successful marketing strategy for the business. To formulate this excellent report, a combination of best industry insight, practical solutions, talent solutions and latest technology have been employed. This industry analysis report speaks in detail about the manufacturing process, type and applications.
Data Bridge Market Research analyzes that the electromagnetic tracking systems market is expected to reach the value of USD 1,714.04 million by 2030, at a CAGR of 10.4% during the forecast period. Product type accounts for the largest segment in the market due to growing use of electromagnetic tracking in aerospace and defense.
Download PDF Sample Report (Including Graphs, Charts, and List of Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-electromagnetic-tracking-systems-market&Shri
Electromagnetic tracking systems are widely used in aerospace and defense for navigation, targeting, and guidance. Only through informed EMBM and highly interoperable (cooperative and complementary) electromagnetic tracking systems can achieve this level of EMS superiority in defense. Thus, the growing use of electromagnetic tracking in aerospace and defense is expected to act as a driver for the global electromagnetic tracking systems market. The adoption of advanced technologies was powered by the growing need to reduce the operational costs and increase profitability and offer enhanced patient care services. The emergence of the wireless connectivity and latest technologies like internet of things (IoT) and artificial intelligence (AI) are expected to rapidly boost the growth of the global electromagnetic tracking systems market.
Electromagnetic tracking devices are often used to track the location and orientation of a user in a virtual reality environment. Recently, video games supported by VR tools are more popular than before. It is used as valuables, work-related tools for neuroscientists, psychologists, biologists, and other researchers. Moreover, it can be used in one of the main research purposes lies from navigation studies that include complex experiments VR. These tracking systems are offering the surgeons highly advanced image guidance and visualization capabilities in a single system which help to perform a minimally invasive, accurate and selective surgery. The tracking systems are widely used in military and defence for navigation, targeting, and guidance.
Opportunity
- Increasing Application Of Electromagnetic Tracking Systems In Healthcare
Real-time tracking of surgical instruments has become an integral part of computer-assisted surgery; it provides guidance to surgeons in complex procedures. As a result, EM tracking is promising for demanding clinical applications such as endoscopy, orthopedic, and laparoscopic surgeries.
Electromagnetic (EM) tracking solutions work by generating a defined EM field in which EM micro-sensors are tracked. It’s the small size of these sensors, and how they can be used in minimally invasive approaches that have helped medical device OEMs transform image-guided surgery and interventional procedures over the past decade.
Furthermore, the method is designed for experienced staff, rotating staff in larger clinics, and personnel-in-training. It is used to treat cancer and other conditions pose the risk of side effects, which can vary based on the treatment modality and part of the body being treated. Thus, increasing application of electromagnetic tracking systems in healthcare act as a potential opportunity for growth in the global electromagnetic tracking systems market.
Recent Developments
- In September 2022, TT Electronics has announced the launch of TFHP Series thin film high power chip resistors. TFHP series thin film high power chip resistors are optimized for precision power supply, power amplifier, and process control applications, which all benefit from the enhanced heat transfer from element to terminals of this specialist design. This results in enhancing the product portfolio of the company.
- In February 2022, TT Electronics announced that the company has extended its partnership and made an investment in Radwave Technologies Inc. This helps to bring an accurate, reliable, and customizable electromagnetic (EM) tracking platform to the surgical navigation market. This results in the expansion of the strategic partnership and provide Radwave with advanced manufacturing capability for its next-generation systems under an exclusive five-year contract.
To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@ https://www.databridgemarketresearch.com/reports/global-electromagnetic-tracking-systems-market?Shri
Some of the major players operating in the market are TT Electronics, Northern Digital Inc, Amfitech ApS, Radwave Technologies Inc., Ommo Technologies, Polhemus, Stryker, Medtronic, Heal Force, Augmedics, Orthalign, Koninklijke Philips N.V. among others.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Top Key Topics Covered:
- Strategic Imperatives
- Factors Creating Pressure on Growth
- The Strategic Imperative
- Growth Opportunities Fuel the Growth Pipeline Engine
- Research Methodology
- Scope and Segmentation
- Research Context and Scope of Analysis
- Segmentation
- Other Techniques for This Research Report Management
- Growth Opportunity Analysis
- Growth Drivers
- Growth Restraints
- Introduction
- The Impact of the COVID-19 Pandemic and Post
- Future Growth
- Innovation Ecosystem
Continued…
Electromagnetic Tracking Systems Market Scope
GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY PRODUCT TYPE
- ENT TRACKING SYSTEMS
- ORTHOPEDICS TRACKING SYSTEMS
- NEURONAVIGATION TRACKING SYSTEMS
- CARDIAC TRACKING SYSTEMS
- ELECTROPHYSIOLOGY TRACKING SYSTEMS
- DENTAL TRACKING SYSTEMS
- OTHERS
On the basis of product type, the electromagnetic tracking systems market is segmented into ENT tracking systems, orthopedics tracking systems, neuronavigation tracking systems, cardiac tracking systems, electrophysiology tracking systems, dental tracking systems and others.
GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY TECHNOLOGY
- OPTICAL NAVIGATION SYSTEMS
- ELECTROMAGNETIC (EM) NAVIGATION SYSTEMS
- HYBRID NAVIGATION SYSTEMS
- FLUROSCOPY BASED NAVIGATION SYSTEM
- OTHERS
On the basis of technology, the electromagnetic tracking systems market is segmented into optical navigation systems, electromagnetic (EM) navigation systems, hybrid navigation systems, fluroscopy based navigation system and others.
GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY CONNECTIVITY
- WIRED SYSTEM
- WIRELESS SYSTEM
On the basis of connectivity, the electromagnetic tracking systems market is segmented into wired systems and wireless systems.
GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY MANEUVERABILITY
- 6-DOF
- 5-DOF
- Others
On the basis of maneuverability, the electromagnetic tracking systems market is segmented into 6-DOF, 5-DOF and others.
GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY END USER
- HEALTHCARE FACILITIES
- MILITARY AND DEFENCE
- INDUSTRIAL AUTOMATION
- OTHERS
On the basis of end user, the electromagnetic tracking systems market is segmented into healthcare facilities, military and defence, industrial automation and others.
GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY APPLICATION
- ORTHOPEDIC TRACKING SYSTEM
- ENT TRACKING SYSTEM
- CARDIAC TRACKING SYSTEMS
- ELECTROPHYSIOLOGY TRACKING SYSTEMS
- NEURONAVIGATION TRACKING SYSTEMS
- DENTAL TRACKING SYSTEMS
- OTHER SYSTEMS
On the basis of application, the electromagnetic tracking systems market is segmented into ENT tracking systems, orthopedics tracking systems, neuronavigation tracking systems, cardiac tracking systems, electrophysiology tracking systems, dental tracking systems and others.
GLOBAL ELECTROMAGNETIC TRACKING SYSTEMS MARKET, BY DISTRIBUTION CHANNEL
- DIRECT TENDER
- RETAIL SALES
- ONLINE SALES
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-electromagnetic-tracking-systems-market&Shri
Some of the Most Important Questions Scrutinized in the Business Intelligence Report:
- What are the key growth parameters for this global market during the forecast period?
- Which key players are expected to hold the largest market share over the forecast period?
- Who are the leading vendors and manufacturers in this market?
- What are the key strategies adopted by leading players in the market for business development and geographical expansion?
- Which end-use industries can trigger high demand in the market over the forecast period?
- What are the key segments in this market?
- Which regional player will have anticipated leading the global market in terms of size?
- What is the impact of the novel coronavirus pandemic?
- Which obstacles must new players overcome in order to occupy a major position?
Top DBMR Healthcare Reports:
https://www.databridgemarketresearch.com/reports/global-cardasil-treatment-market?Shri
https://www.databridgemarketresearch.com/reports/global-aestheticcosmetic-lasers-market?Shri
https://www.databridgemarketresearch.com/reports/global-yeast-infection-market?Shri
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us:-
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Editor Details
-
Company:
- The Wire Times
