Global Neuronavigation Systems Industry is projected to experience a 7.7% CAGR by 2032 | FMI

The global neuronavigation systems industry is anticipated to reach US$ 4794.5 million in value by 2032, up from US$ 2120.0 million in 2022, with a CAGR of 7.7%. The neuronavigation systems market is a specialized healthcare industry segment that focuses on the development and sale of technologies used for neurosurgical navigation and guidance. These systems are designed to assist neurosurgeons in precisely locating and navigating brain structures during surgical procedures.

Neuronavigation systems typically combine advanced imaging technologies, such as magnetic resonance imaging (MRI) and computed tomography (CT), with computer software and hardware to provide real-time visualization and guidance. They enable surgeons to plan and execute procedures with improved accuracy and safety, resulting in better patient outcomes.

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Brain tumours can be safely removed using neuronagivation system localisation, which can also restrict the size of the skull’s opening. Frame-based stereotactic surgery is a method where a light frame is affixed to the head using local anaesthesia, and the target is then located in relation to external frames using a CT, angiography, or MR scan of the head.

Brain biopsy also uses the neuronagivation mechanism. Deep brain tumours are risky and challenging to treat with open surgery, but they can be identified by inserting the biopsy probe through a tiny hole in the skull. Using this technique, electrodes are implanted in the brain to treat conditions like Parkinson’s disease. The noninvasive transcranial magnetic stimulation technology is used to treat neurological and mental disorders by modulating the activity of neurons using powerful and precise magnetic pulses.

Neuronavigation Systems Market: Drivers and Restraints

Neuronavigation systems market is expected to growth due to the high and increasing need for the system which is accurate. Improved outcomes and shortened hospital stays will motivate the neuronavigation systems market to increase.

Brain shift is a type of deformation of the brain during surgery due to gravity, volume of a resected tumor, intraoperative position of the patient and loss of cerebrospinal fluid which gives no accuracy in the preoperative images for the real time anatomy which hinder the growth of the neuronagivation system market globally.

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Neuronavigation Systems Market: Overview

On the basis of product type, neuronavigation systems market is segmented into optical and electromagnetic systems. Optical system is a comprehensive and a high performance surgical navigation system used for neurosurgery ENT, maxillofacial and spinal surgery.

With the uses of advanced technologies and high precision IR camera, much reliable navigation and accuracy is obtained during surgery. Optical systems are user friendly; fast and robust software provides minimal and simple interaction by an automatic visualization procedure.

Electromagnetic system is an innovative, computer assisted electromagnetic surgical navigation system which is widely used in the surgical visualization, planning and navigation in order to reduce risk of surgery complication in cranial procedures such as neurology cranial surgery and ENT surgery.

Neuronavigation Systems Market: Regional Outlook

Geographically, tracheobronchial stent grafts market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to have the largest share of the global neuronavigation systems market due to the high prevalence of spinal, ENT and neurological disorder, government funding for the development of surgical navigation system and rise in the adoption of minimally invasive surgery.

Western Europe is emerging in the neuronavigation system market due to the adoption of advanced technologies and rising incidence rate of disorders. Asia Pacific is expected to grow due to presence of large pool of patients and rise in the awareness of the noninvasive neuronavigation system.

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Neuronavigation Systems Market: Key Players 

Some of the key players of the global neuronavigation system market are ClaroNav, Stryker, Brainlab AG, Parsiss, Northern Digital Inc., Heal Force, Medtronic, Synaptive Medical, Bramsys Indústria e Comércio Ltda.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments in the Neuronavigation Systems Market

By Type:

• Optical System
• Electromagnetic System

By application:

• Neurosurgery
• ENT Surgery
• Maxillofacial Surgery
• Spinal Surgery

By End-Users:

• Hospitals
• Ambulatory Surgery Centres
• Other

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