Surgical Navigation Systems Market Report 2023: Trends, Size, Share, Regional Overview, Growth And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the surgical navigation systems market report by The Business Research Company, rising demand for minimally invasive surgical procedures is expected to propel the surgical navigation system market going forward. Minimally invasive surgery refers to surgical operations performed using small incisions and cuts in the body to prevent blood loss and body pain. Minimally invasive procedures are less painful, require less time in the hospital, and have fewer problems. It gives the physician an enlarged, three-dimensional image of the surgical site and supports precise, adaptable, and controlled surgical procedures. Hence, people are shifting toward invasive surgical procedures, which increases the demand for surgical navigation technologies to precisely track instrument positions and project the instrument position onto the preoperative imaging data to surgeons.

The global surgical navigation systems market size grew from $6.77 billion in 2022 to $7.72 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The surgical navigation systems market size is expected to grow to $12.3 billion in 2027 at a CAGR of 12.4%.

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Major competitors in the surgical navigation systems market include B Braun Melsungen AG, Stryker Corporation, Medtronic plc, Siemens AG, Zimmer Biomet Holdings Inc., Karl Storz GmbH & Co KG, Amplitude Surgical, Brainlab AG, Fiagon AG Medical Technologies Inc., NuVasive Inc., Smith & Nephew plc, Johnson & Johnson, Advanced Medical Systems Pte Ltd., Corin Group, and Ilumark GmbH

The surgical navigation systems market is segmented -
By Technology: Electromagnetic Navigation Systems, Optical Navigation Systems, Hybrid Navigation Systems, Fluoroscopy-Based Navigation Systems, CT-Based Navigation Systems, Other Technologies

By Application: Neurosurgery Navigation Systems, Orthopedic Navigation Systems, ENT Navigation Systems, Dental Navigation Systems, Other Applications

By End User: Hospitals, Physician Practices and Ambulatory Settings

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the surgical navigation systems market.

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Surgical navigation refers to a set of robotic-assisted surgical procedures that allow surgeons to plan, guide, and prepare for the surgery need to be performed. It is a set of technology-based procedures that displays real-time footage of the internal cavity and equipment positioning to gather medical imaging of organs.

The Table Of Content For The Surgical navigation systems market Include:
1. Executive Summary
2. Surgical Navigation Systems Market Characteristics
3. Surgical Navigation Systems Market Trends And Strategies
4. Surgical Navigation Systems Market - Macro Economic Scenario
5. Surgical Navigation Systems Market Size And Growth
.......
26. Africa Surgical Navigation Systems Market
27. Surgical Navigation Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Surgical Navigation Systems Market
29. Surgical Navigation Systems Market Future Outlook and Potential Analysis
30. Appendix

The "Global Surgical navigation systems market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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