Surgical Navigation Systems Market to Reach USD 1.75 Billion by 2030, exhibiting a CAGR of 6.4% from 2021 to 2030

The global surgical navigation systems market size was valued at $940.68 Million in 2020, and is projected to reach $1,755.67 Million by 2030, registering a CAGR of 6.4% from 2021 to 2030.

Key Takeaways:

• The electromagnetic navigation systems segment is expected to continue during the forecast period.
• The hospitals segment is anticipated to be dominant in the market owing to early adoption of robotic assisted surgery systems in hospitals.
• Asia-Pacific is expected to witness considerable market growth during the forecast period.

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Market Segmentation:

By Technology:

• Electromagnetic Navigation Systems (EMNS): These systems rely on sensors and transmitters to track the position of instruments and surgical targets in real-time. They offer high accuracy and are commonly used in neurosurgery and orthopaedic surgery.
• Optical Navigation Systems (ONS): These systems use cameras and markers to track instrument movement and provide visual guidance. They are less expensive than EMNS but may be less accurate in minimally invasive procedures.
• Hybrid Navigation Systems: These systems combine EMNS and ONS technologies for enhanced accuracy and versatility, particularly in complex surgeries.
• Fluoroscopy-based Navigation Systems: These systems use X-ray imaging to guide surgeons during procedures. They are mainly used in interventional radiology and cardiac surgery.
• CT-based Navigation Systems: These systems use CT scans to create 3D models of the patient’s anatomy, which surgeons can then use for intraoperative guidance. They are primarily used in complex procedures like tumor resections and joint replacements.

By Application:

• Neurosurgery: The largest segment due to the need for precise targeting in brain and spinal cord surgeries.
• Orthopedic Surgery: Used for joint replacement, fracture repair, and other procedures requiring accurate positioning of implants.
• Ear, Nose, and Throat (ENT) Surgery: Used for sinus surgery, tumor removal, and other procedures requiring navigation within the head and neck.
• Cardiac Surgery: Used for minimally invasive procedures like valve repair and ablation procedures.
• Other Applications: Increasing adoption in urology, general surgery, and plastic surgery.

End User:

• Hospitals: Major users of surgical navigation systems due to the complex surgeries performed and the need for advanced technology.
• Ambulatory Surgery Centers: Growing adoption for minimally invasive procedures due to their cost-effectiveness and shorter recovery times.
• Specialty Clinics: Used in specialized centers like neurosurgery clinics and orthopedic surgery centers.

Geography:

• North America  (U.S., Canada, Mexico)
• Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
• LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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Leading Market Players:

• Stryker Corporation
• Brainlab AG
• Scopis GmbH
• Medtronic Plc.
• Intersect ENT
• Karl Storz GmbH & Co. KG
• Amplitude Surgical
• Zimmer Biomet Holdings, Inc.
• Siemens Healthineers
• B. Braun Melsungen AG

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