
Surgical Navigation Systems Market is Projected to Register a CAGR of 6.7% Over the Forecast Period.
Global Surgical Navigation Systems Market is Projected to Register a CAGR of 6.7% Over the Forecast Period.
The Global Surgical Navigation Systems Market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2017 to 2023. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2017 to 2023.
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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the Global Surgical Navigation Systems Market.
The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.
The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).
Key Takeaways:
What is the market size in 2018 and the growth rate of the Global Surgical Navigation Systems Market?
What is the market drivers, restrains, opportunities governing the Global Surgical Navigation Systems Market?
Which are the largest and the fastest growing segments in the Global Surgical Navigation Systems Market?
Who are the key players operating in the market and their market position?
What is the pipeline scenario, drug pricing analysis and technological development in the market?
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Global Surgical Navigation Systems Market Research Report by Technology (Optical, Electromagnetic (EM) and Hybrid Navigation Systems), Application (Neuronavigation, ENT Navigation, Orthopedic Navigation (Imageless, CT-Based, Fluoroscopy-Based), Spinal Navigation and Dental Navigation)), End User (Hospitals, Clinics and Others) and Region - Global Forecast till 2023
Market Scenario
The Global Surgical Navigation Systems Market is Expected to Grow Significantly Over the Forecast Period. It is Anticipated that the Market Held a Valuation of USD 753.6 million in 2018 and is Projected to Register a CAGR of 6.7% Over the Forecast Period.
Surgical navigation systems are an integral part of computer-assisted surgery (CAS). CAS makes minimally invasive surgical solutions possible. The surgeon quickly gets information to determine where the patient needs to make incisions and perform surgery.
The increasing number of surgical procedures and technological advancements are some of the key factors driving the surgical navigation systems market. According to the Australian Institute of Health and Welfare, during 2015ndash;16, there were 10.6 million hospitalizations, and 1 in 4 admissions involved a surgical procedure.
Various other factors such as the increasing prevalence of orthopedicamp; neurology disorders, acceptance of surgical navigation systems in ambulatory settings, untapped emerging markets, rise in regulatory approvals, and increasing healthcare expenditure are also expected to propel the growth of the market.
However, the high cost of advanced equipment can hamper market growth over the forecast period.
Segmentation
The Global Surgical Navigation Systems Market is segmented based on technology, application, end user, and region.
The global market for surgical navigation systems, by technology, is segmented into optical navigation systems, electromagnetic (EM) navigation systems, and hybrid navigation systems.
Based on application, the market is segmented into neuronavigation systems, ENT navigation systems, orthopedic navigation systems, spinal navigation systems, and dental navigation systems. The orthopedic navigation systems are further classified as imageless orthopedic navigation systems, CT-based orthopedic navigation systems, and fluoroscopy-based orthopedic navigation systems.
Based on end user, the market is segmented into hospitals, ambulatory surgical centers, and others.
In the current scope of the study, the segments mentioned above are covered into the four global regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and African region.
The surgical navigation systems market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European surgical navigation systems market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The surgical navigation systems market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The surgical navigation systems market in the Middle East amp; Africa has been segmented into the Middle East and Africa.
Key Players
Stryker Corporation
R. Bard, Inc.
Depuy Synthes
Medtronic Plc.
Zimmer Biomet Holdings, Inc.
Amplitude Surgical
Brainlab AG
Scopis GmbH
Fiagon AG
Karl Storz GmbH amp; Co. Kg
Siemens AG
Omni Health, Inc.
CAScination AG
Regional Market
The Americas dominated the global market for surgical navigation systems owing to the rising geriatric population within the region. As per the data suggested by the United Census Bureau, by 2060, the US is projected to grow by 79 million people, from about 326 million today to 404 million. The population is projected to cross the 400-million threshold in 2058.
In 2017, it was estimated that Europe stood second in the global surgical navigation systems market. Technological advancements along with the availability of funding opportunities in research and innovation will support market growth. For instance, in 2017, Germany based company Scopis GmbH introduced the first mixed-reality surgical holographic navigation platform integrating Microsoft Hololens for open and minimally-invasive spine surgery. Scopis technology improved the accuracy of mixed reality overlay using additional 3-D position tracking.
Asia-Pacific (APAC) is expected to represent the phenomenal market growth throughout the forecast period due to rising prevalence of chronic conditions, growing health awareness, and increasing demand for medical technology. According to a 2018 study published in the Frontiers in Neurology journal, Multiple sclerosis is one of the most common neurological diseases in the Asia Pacific region with prevalence estimated between 1 and 20 per 100,000.
On the other hand, the Middle East and Africa held the least share in the global surgical navigation systems market due to the low economic development, especially within the African region.
Research Methodology
Market Research Future research is conducted by industry experts who offer insights into industry structure, market segmentation, assessment, Competitive Landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (80%) and secondary research (20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years, by analyzing historical trends and current market positions. Furthermore, the varying trends of segments and categories geographically presented are studied and are estimated based on the primary and secondary research.
Primary Research
Extensive primary research was conducted to gain a deeper insight into the market and industry performance. In this particular report, we have conducted primary surveys (interviews) with key level executives (VPs, CEOs, Marketing Directors, Business Development Managers, and many more) of major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next five to ten years.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and commercial study of the surgical navigation systems market. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization of chemical manufacturers, some paid databases, and many others.
Global Surgical Navigation Systems Market, by Technology
Optical Navigation Systems
Electromagnetic (EM) Navigation Systems
Hybrid Navigation Systems
Global Surgical Navigation Systems Market, by Application
Neuronavigation Systems
ENT Navigation Systems
Orthopedic Navigation Systems
Imageless Orthopedic Navigation Systems
CT-Based Orthopedic Navigation Systems
Fluoroscopy-Based Orthopedic Navigation Systems
Spinal Navigation Systems
Dental Navigation Systems
Global Surgical Navigation Systems Market, by End User
Hospitals
Ambulatory Surgical Centers
Others
Intended Audience
Medical devices companies
Government and private laboratories
Research and development (Ramp;D) companies
Research laboratories
Market research and consulting service providers
Table Of Contents
Surgical Navigation Systems Market Research Report - Global Forecast till 2023
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Macroeconomic Indicators
4.5 Trends amp; Assessment
Chapter 5. Market Factor Analysis
5.1 Porterrsquo;s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Opportunities
5.4 Pricing Analysis
Chapter 6. Global Surgical Navigation Systems Market, By Technology
6.1 Introduction
6.2 Optical Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
6.3 Electromagnetic (EM) Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
6.5 Hybrid Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
Chapter 7. Global Surgical Navigation Systems Market, By Application
7.1 Introduction
7.2 Neuronavigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.3 ENT Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.4 Orthopedic Navigation Systems
7.4.1 Imageless Orthopedic Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.4.2 CT-Based Orthopedic Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.4.3 Fluoroscopy-Based Orthopedic Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.5 Spinal Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.6 Dental Navigation Systems
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
Chapter 7. Global Surgical Navigation Systems Market, By End User
7.1 Introduction
7.2 Hospitals
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.3 Ambulatory Surgical Centers
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
7.4 Others
Market Estimates amp; Forecast, By Region, 2019ndash;2024
Market Estimates amp; Forecast, By Country, 2019ndash;2024
Chapter 8. Global Surgical Navigation Systems Market, By Region
8.1 Introduction
8.2 Americas
8.2.1 North America
8.2.1.1 US
8.2.1.2 Canada
8.2.2 South America
8.3 Europe
8.3.1 Western Europe
8.3.1.1 Germany
8.3.1.2 France
8.3.1.3 Italy
8.3.1.4 Spain
8.3.1.5 UK
8.3.1.6 Rest Of Western Europe
8.3.2 Eastern Europe
8.4 Asia-Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 South Korea
8.4.6 Rest Of Asia-Pacific
8.5 Middle East amp; Africa
8.5.1 Middle East
8.5.2 Africa
Chapter 9. Company Landscape
9.1 Introduction
9.2 Market Share Analysis
9.3 Key Development amp; Strategies
Chapter 10. Company Profiles
10.1 Stryker Corporation
10.1.1 Company Overview
10.1.2 Product Overview
10.1.3 Financials Overview
10.1.4 Key Developments
10.1.5 SWOT Analysis
10.2 Amplitude Surgical
10.2.1 Company Overview
10.2.2 Product Overview
10.2.3 Financial Overview
10.2.4 Key Developments
10.2.5 SWOT Analysis
10.3 Brainlab AG
10.3.1 Company Overview
10.3.2 Product Overview
10.3.3 Financial Overview
10.3.4 Key Development
10.3.5 SWOT Analysis
10.4 Scopis GmbH
10.4.1 Company Overview
10.4.2 Product Overview
10.4.3 Financial Overview
10.4.4 Key Development
10.4.5 SWOT Analysis
10.5 Fiagon AG
10.5.1 Company Overview
10.5.2 Product Overview
10.5.3 Financial Overview
10.5.4 Key Developments
10.5.5 SWOT Analysis
10.6 Karl Storz GmbH amp; Co. Kg
10.6.1 Company Overview
10.6.2 Product Overview
10.6.3 Financial Overview
10.6.4 Key Developments
10.6.5 SWOT Analysis
10.7 Medtronic Plc
10.7.1 Overview
10.7.2 Product Overview
10.7.3 Financials
10.7.4 Key Developments
10.7.5 SWOT Analysis
10.8 Zimmer Biomet Holdings, Inc.
10.8.1 Overview
10.8.2 Product Overview
10.8.3 Financials
10.8.4 Key Developments
10.8.5 SWOT Analysis
10.9 Siemens AG
10.9.1 Overview
10.9.2 Product Overview
10.9.3 Financials
10.9.4 Key Developments
10.9.5 SWOT Analysis
10.10 Omni Health, Inc.
10.10.1 Overview
10.10.2 Product Overview
10.10.3 Financials
10.10.4 Key Developments
10.10.5 SWOT Analysis
10.11 CAScination AG
10.11.1 Overview
10.11.2 Product Overview
10.11.3 Financials
10.11.4 Key Developments
10.11.5 SWOT Analysis
10.12 DePuy Synthes
10.12.1 Overview
10.12.2 Product Overview
10.12.3 Financials
10.12.4 Key Developments
10.12.5 SWOT Analysis
10.13 Other
Chapter 11 Conclusion
11.1 Key Findings
11.1.1 From CEOrsquo;s Viewpoint
11.1.2 Unmet Needs Of The Market
11.2 Key Companies To Watch
11.3 Predictions For The Global Surgical Navigation Systems Market
Chapter 12 Appendix
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