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Image Guided Surgery Devices Market will Likely to Expand at a Steady CAGR of 7.1% between 2018 and 2024
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The market for image-guided surgery devices is primarily driven by increasing demand and penetration of image-guided surgery devices. It visually correlates intraoperative anatomy with preoperative CT scan. Image-guided surgery devices are used for guiding surgeons during the surgery. It enhances accuracy during the surgery, decreases procedure time, reduces complexity, and insignificant surgical scar.
The different applications of, the image-guided surgery devices market are cardiac surgery, neurosurgery, orthopedic surgery, urology, gastroenterology, oncology surgery, and others. Of all these applications, the orthopedic surgery category is predicted to witness the highest CAGR during the forecast period owing to expanding the geriatric population, and mounting occurrence of road accidents.
North America accounted for the major share in the image-guided surgery devices industry in 2017, globally as the occurrence of neurological disorder is increasing, availability of a skilled professional, escalating healthcare awareness, and expanding the geriatric population.
Asia-Pacific is observed to witness the fastest growth in the image-guided surgery devices market, owing to mounting healthcare expenditure, intensifying healthcare awareness, escalating occurrence of chronic diseases, and a large population base.
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Key players in the image-guided surgery devices industry are investing in the development of advanced, which is strengthening their position in the marketSiemens AG, Koninklijke Philips N.V, Medtronic Plc, Stryker Corporation, Hitachi, Ltd., Varian Medical Systems, Inc., Smith & Nephew plc, KARL STORZ GmbH & Co. KG., Zimmer Holdings, Inc., and General Electric are some of the key players offering image-guided surgery devices.
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