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Global Surgical Navigation Systems and Software Market Share, Growth By Top Company, Geographical Region, Application, Driver, Trends & Forecast From 2018-2025

Press release from: Data Bridge Market Research
Global Surgical Navigation Systems and Software Market
Global Surgical Navigation Systems and Software Market
According to Data Bridge Market Research new Market report, “Global Surgical Navigation Systems and Software Market Overview By Product Type (Software, Systems {Planning Systems, Navigation Systems), By Applications (Orthopedic, ENT, Neurosurgery, Dental, Others), By End Users (Hospitals, Clinics, Ambulatory Surgical Centers), By Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa) - Industry Trends and Forecast is projected to reach USD 790.15 million by 2025, at a CAGR of 4.5% during the forecast period of 2018 to 2025.

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Global Surgical Navigation Systems and Software Market

The surgical navigation systems help to operate the surgeries by minimally invasive procedures through navigations. The navigation software are incorporated in the medical devices accelerates the technical process to simplify the complex procedures. These systems enable accurate tracking of the location of surgical instruments during the procedure.

The rise in the surgical navigation systems and software market is owing to the rising adoption of minimally invasive surgical procedures. Due to the growing adoption of such advanced techniques there seem highly technological advancements. Increasing number of geriatric population is also boosting the growth of the market. Growing number incidence & prevalence of neurological disorders, orthopedic & ENT disorders are also propelling the growth of the market.

According to the World Health Organization (WHO), there will be more than 1.5 billion people aged 60 or above by 2050. This will lead to increase in the number of neurological or orthopedic surgeries which in turn will support demand for surgical navigation systems. The systems also offer less time consuming operating time. As standard procedure is time consuming surgical navigation systems support to operate in less time with the help of monitors.
Another major factor contributing to market growth is simplifying the complex procedures. Trauma, tumor and developmental deformity tend to severe defects or deformities in the oral or craniomaxillofacial area. Many times the accurate reconstruction or correction of those deformities remains a surgical challenge. But the development in the modern digital surgery technology and computer-assisted simulation and navigation (CASN) proved the boon for the clinical application.

The navigation technologies are widely applied in the surgeries of oral and craniomaxillofacial such as malformation correction decrease of the fractures, defect reconstruction, elimination of foreign bodies, bony tumor resection and gap arthroplasty.

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Global Surgical Navigation Systems and Software market – Market Segmentation:

The global market for surgical navigation systems and software by the following sub-categories is presented
 By Product Type
• Systems
o Planning Systems
o Navigation Systems, By Integration Type
 Portable
 Standalone
 Integrated

o Navigation Systems, By Tracking Technology
 Optical Surgical Navigation Systems
 Electromagnetic Surgical Navigation System
• Software
o Optical
o Electromagnetic (EM)
o Hybrid

 By Application
• Orthopedic
• ENT
• Neurosurgery
• Dental
• Spinal
• Others
 By End User
• Hospitals and Clinics
• Ambulatory Surgical Centers
 By Geography
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

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FACTORS DRIVING GROWTH IN THE GLOBAL SURGICAL NAVIGATION SYSTEMS AND SOFTWARE MARKET

Technological Advancements in the navigation systems:

The rising number of adopting the minimally invasive surgical procedures has led various technological advancements. As navigation systems helps to simplify the complex procedures various major players has developed and launched novel surgical systems. For instance, in September 2017 Medtronic launched StealthStation ENT, a new surgical navigation system designed for surgeons treating conditions within the ear, nose, and throat (ENT) anatomy. This system offers superior imagining and increased efficacy for surgery of the sinuses and skull base. The systems are FDA approved and CE (Conformité Européenne) Marked.

Increasing prevalence of neurological disorders:

According to World Health Organization (WHO), an article published in 2016 reports that 100 millions of people are affected by neurological disorders worldwide. It is estimated that 47.5 million people are with dementia and 7.7 million new cases has been reported of Alzheimer's disease which is the most common cause of dementia and contributes 60.0–70.0% of cases. Along with this, globally the prevalence of migraine is more than 10.0%.
Growing focus of market players

The global surgical navigation systems and software market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America market.

Some of the major players operating in global surgical navigation systems and software are Medtronic, B. Braun Melsungen AG, BrainLab AG, CAE Healthcare USA, ClaroNav, Collin S.A.S., Fiagon AG, GE Healthcare, Heal Force, Karl Storz GmbH & Co. KG, Masmec S.p.A., Parsiss, Scopis GmbH, Shenzhen Anke High-tech Co., Ltd., Smith & Nephew, Stryker Corporation, Surgical Theater LLC, Xion GmbH, Zimmer Biomet, Scopis GmbH, Amplitude Surgical among others

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About Data Bridge Market Research:
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Data Bridge Market Research
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