Neuro-navigation Systems Market Research Analysis By Top Key Players Medtronic plc, Stryker Corporation, Siemens Healthineers, Zimmer Biomet Holding Inc., Brainlab AG, B. Braun Melsungen AG, Scopis GmBH, Amplitude Surgical

Rising adoption of minimally invasive surgical procedures is expected to fuel growth of the neuro-navigation systems market. Moreover, increasing number of neurological surgeries performed worldwide is also expected to drive demand for neuro-navigation market. According to the AANS National Neurosurgical Procedural Statistics, in 2011, neurosurgeons performed 2,296,331 total procedures, 1,448,400 of which were spine surgeries in the U.S. Rise in number of people suffering with brain tumor and cancer leading to brain metastasis is expected to propel demand for neuro-navigation systems. According to American Brain Tumor Association, over 688,000 people in the U.S. lived with primary brain or central nervous system (CNS) tumor. The data also suggests that around 20-40% of other cancer later develops into brain metastasis.

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Various technical advancements in neuro-navigation system such as addition of features, higher success rate, and newer application of the device depending on its usage in various surgical procedures indicates shift of neurosurgeons on using these systems more frequently for performing neuro-surgical procedures. Moreover, ease of operation, improved quality of treatment, and improved surgical results is also expected to increase demand for neuro-navigation systems. Additionally, advantages such as reduced hospital stay and improved accuracy in neuro-surgeries are expected to be driving factors for growth of the global neuro-navigation systems market size. However, high costs associated with these systems and lack of skilled workforce to operate these systems are expected to restrain growth of the global market.

The most important function of neuro-navigation system is to develop a precise replica of the patient’s brain tumor, which can be done through a number of imaging technology such as X-rays, CT scans, MRIs, and ultra sound. Images obtained from this techniques are then uploaded in the systems to form a 3 dimensional data set that produces exact geometrical structure of the region to be operated. The image is then analyzed to extract relevant information from the data and by using specialized software and the dataset is rendered as a virtual 3D model of the patient brain structure assisting tumor location, which helps the surgeon during the surgery and perform tumor removal.

The market for the neuro-navigation systems is highly competitive with presence of various established players, which includes Medtronic plc, Stryker Corporation, Siemens Healthineers, Zimmer Biomet Holding Inc., Brainlab AG, B. Braun Melsungen AG, Scopis GmBH, Amplitude Surgical, and others. Key players are focusing towards introducing novel systems in the market to sustain their position. For instance, in April 2017, Medtronic Plc introduced StealthStation S8 model, a neuro-navigation system that enhanced workflows, efficiency, and provides comprehensive data integration assisting the neurosurgeons during brain surgery.

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Neuro-Navigation Systems Market Taxonomy

The neuro-navigation systems market is segmented on the basis of product type, application, and region

By Product Type

Optical System
Electromagnetic System
By Application

Neurosurgery
Craniomaxillofacial Surgery
Spinal Surgery
Others
By Region

North America
Europe
Asia Pacific
Latin America
Middle East
Africa

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