Press release
Fluoroscopy Navigation Technology Market | Top Trends and Key Players Analysis Report 2031
Fluoroscopy Navigation Technology Market
The COVID-19 pandemic and the associated community mitigation efforts enacted have altered the delivery of and access to healthcare across the U.S. It has been found that the emergency department (ED) visits are down by a significant percentage in many communities across the country. Such trends are affecting the growth of the North America fluoroscopy navigation technology market. Nevertheless, in-person office visits are being transformed into telehealth visits and is anticipated to revive market growth with increased healthcare utilization.
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Elective procedures are being postponed indefinitely and other forms of healthcare delivery methods are being changed to accommodate social distancing & community mitigation measures. Such findings are projected to increase revenue flow in the North America fluoroscopy navigation technology market.
Smart Instruments Hold Potentials to Reduce User Interaction with Navigation Software
One of the main challenges of fluoroscopic navigation is to reduce the invasiveness of bone anchoring devices and the time to prepare & attach them. In order to take the current fluoroscopic navigation systems to the next level, dedicated application workflows are needed which guide the surgeon step by step through the application.
Smart instruments will eliminate the need for instrument calibration and reduce user interaction with the navigation software. Companies in the North America fluoroscopy navigation technology market are increasing R&D to innovate in instruments integrated with RFID (Radio Frequency Identification) tags, which store information about their geometry and functionality. The moment a surgeon starts using a navigated instrument, the software automatically progresses to the corresponding screen and the instrument's geometry is loaded.
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Orthopedic Trauma a Potential Impact Area for Fluoroscopy Navigation Technology
The North America fluoroscopy navigation technology market is projected to reach US$ 89.2 Mn by 2031. Computer assisted orthopedic surgery is slowly making its way into routine orthopedic practice. Such insights are creating incremental opportunities for market stakeholders since virtual fluoroscopy, also known as fluoroscopy navigation, is being publicized as a versatile technology for fracture treatment.
Orthopedic trauma has long been identified as a potential impact area for the fluoroscopy navigation technology. Fluoroscopy navigation systems allow surgeons to store multiple intraoperative fluoroscopic images in a computer workstation.
Navigation-assisted Fluoroscopy Gaining Prominence in Spinal Surgery Procedures
Minimally invasive surgery (MIS) is dependent on intraoperative fluoroscopic imaging for visualization, which drastically increases exposure to radiation. Companies in the North America fluoroscopy navigation technology market are taking advantage of this opportunity to increase the availability of navigation-assisted fluoroscopy (NAV), which helps to potentially decrease radiation exposure and improve the operating room environment by reducing the need for real-time fluoroscopy.
MIS techniques for the spine have been developed with the goal of minimizing soft-tissue trauma associated with spinal surgery. NAV is gaining prominence for spinal surgery procedures and helping to decrease dependence on conventional intraoperative fluoroscopy. NAV systems use fixed reference frame markers on the patient and specialized surgical instruments that are simultaneously captured & tracked by an intraoperative camera attached to a navigation computer.
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North America Fluoroscopy Navigation Technology Market: Overview
This report analyzes the current scenario and future prospects of the fluoroscopy navigation technology market in North America. Increase in usage of fluoroscopy navigation system in trauma surgeries is projected to boost the growth of the fluoroscopy navigation systems market in North America.
The report includes an elaborate executive summary, which provides a snapshot of various segments of the fluoroscopy navigation technology market in North America. It also provides information and data analysis of the fluoroscopy navigation technology market about segments based on type, application, and end-user.
The overview section of the report provides a detailed qualitative analysis of drivers, restraints, and opportunities that affect the fluoroscopy navigation technology market in North America
The report includes company profiles, which provide information about their business, product portfolios, and competitive landscape in the fluoroscopy navigation technology market in North America
The report on the fluoroscopy navigation technology market offers market attractiveness analysis of regions and segments.
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The last section of the report comprises quantitative and qualitative analyses on market share/position of key players operating in the fluoroscopy navigation technology market in North America. It analyzes key competitive strategies adopted by major industry players, thereby presenting a thorough understanding of the competitive scenario in the fluoroscopy navigation technology market in North America.
North America Fluoroscopy Navigation Technology Market: Key Segments
In terms of type, the fluoroscopy navigation technology market in North America has been bifurcated into 2D fluoroscopy system and 3D fluoroscopy system. The 3D fluoroscopy system segment accounted for major share of the market in 2020 and the trend is anticipated to continue during the forecast period. 3D fluoroscopy provides the greatest benefit when speed, operative efficiency, and mobility are required, which, in turn, is likely to augment the segment.
Based on application, the fluoroscopy navigation technology market in North America has been classified into trauma & extremities, knee surgery, hip surgery, and others. The trauma & extremities segment dominated the market in 2020. Growth of the segment can be attributed to the increase in number of trauma and extremities surgeries in the U.S.
Based on end-user, the fluoroscopy navigation technology market in North America has been divided into hospitals, ambulatory surgical centers, and others. The hospitals segment accounted for major share of the market in 2020. Presence of experienced health care personnel and advanced technologies are anticipated to propel the segment.
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Market size and forecast for each of these segments have been provided from 2017 to 2031. The CAGR of respective segments has also been provided from 2021 to 2031, considering 2020 as the base year.
Companies Covered in North America Fluoroscopy Navigation Technology Market Report
Key players in the fluoroscopy navigation technology market in North America have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
Major companies profiled in the fluoroscopy navigation technology market report are
Brainlab
DePuy Synthes (Johnson & Johnson)
Fiagon
GE Healthcare
Intellijoint Surgical
Medtronic
MicroPort Scientific Corporation, among others
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