Press release
Electromagnetic Tracking Systems Market is expected to reach USD 1.85 billion by 2030 : Cognitive Market Research
Electromagnetic Tracking Systems Market is expected to reach USD 1.85 billion by 2030 : Cognitive Market Research
- Electromagnetic tracking, also referred magnetic tracking, employs sensors at the joints that record their movements by returning their locations and orientations to a central processor. Electromagnetic Tracking Systems (EMTSs) use electromagnetic field producers to detect the pose of electromagnetic sensors. EMTSs does not require a direct line-of-sight, however, the presence of metal or ferromagnetic sources in the operating workspace can affect the measurement accuracy.
Summary:
- The global electromagnetic tracking systems market is expected to reach a value of USD 1.85 billion by 2030, at a CAGR of 10.7% during the forecast period of 2023-2030. Further, the increasing demand for virtual and augmented reality technology, and the growing use of electromagnetic tracking in aerospace & defense.
"To know more The Electromagnetic Tracking Systems Market statistics click here: https://www.cognitivemarketresearch.com/electromagnetic-tracking-system-market-report
Market Dynamics:
- Increasing demand for virtual and augmented reality technology and the growing use of electromagnetic tracking in aerospace & defense are the major driving factors for the growth of the electromagnetic tracking systems market. Electromagnetic tracking devices are often used to track the location and orientation of a user in a virtual reality environment, which is augmenting the growth of the market. Further, increasing applications of electronic tracking systems in the healthcare industry can create lucrative opportunities in the near future. However, the high cost of electromagnetic tracking systems and strict regulatory frameworks can hamper the growth of the market.
Market Segmentation:
Product Type
• ENT Tracking Systems
• Orthopedics Tracking Systems
• Neuronavigation Tracking Systems
• Cardiac Tracking Systems
• Electrophysiology Tracking Systems
• Dental Tracking Systems
• Others
Technology
• Optical Navigation Systems
• Electromagnetic (Em) Navigation Systems
• Hybrid Navigation Systems
• Fluroscopy-Based Navigation System
• Others
Connectivity
• Wired System
• Wireless System
Maneuverability
• 6-Dof
• 5-Dof
• Others
End User
• Healthcare Facilities
• Military And Defence
• Industrial Automation
• Others
Distribution Channel
• Direct Tender
• Retail Sales
• Online Sales
The Major Players in Electromagnetic Tracking Systems Market are:
TT Electronics, Northern Digital Inc, Amfitech ApS, Radwave Technologies Inc, Ommo Technologies, Polhemus, Stryker, Medtronic, Heal Force, Augmedics, Orthalign, Koninklijke Philips N.V, Others.
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Regional Analysis:
North America is estimated as the dominating region for the electromagnetic tracking systems market. This is due to the rising use of electromagnetic tracking systems in the healthcare sector, and the quick adoption of advanced emerging technologies in different sectors. In addition, military & defense expenditure in this region is also increased, which is also fuelling the growth of the market.
News:
TT Electronics launched TFHP series thin film high-power chip resistors (September 2022)
TT Electronics, a manufacturer of engineered technologies for performance-critical applications, announced its TFHP series thin film, high-power chip resistors. The TFHP product family combines high power and high precision in a single resistor, capitalizing on aluminum nitride (AIN) ceramic substrate with nearly six times the conductivity of alumina, the conventional substrate material for chip resistors.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Electromagnetic Tracking System Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Electromagnetic Tracking System Market Segmentation
1.5.1 Electromagnetic Tracking System Market Regional Fragmentation
1.5.1 Electromagnetic Tracking System Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Electromagnetic Tracking System Market
Chapter 4 Global Electromagnetic Tracking System Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Electromagnetic Tracking System Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Electromagnetic Tracking System Industry Mergers and Acquisition Analysis
• 5.2 Global Electromagnetic Tracking System New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Electromagnetic Tracking System Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Electromagnetic Tracking System Market by End User Segmentation Analysis (2018-2030)
Chapter 10 Global Electromagnetic Tracking System Market by Technology Segmentation Analysis (2018-2030)
Chapter 11 Global Electromagnetic Tracking System Market by Connectivity Segmentation Analysis (2018-2030)
Chapter 12 Global Electromagnetic Tracking System Market by Maneuverability Segmentation Analysis (2018-2030)
Chapter 13 Global Electromagnetic Tracking System Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 14 Global Electromagnetic Tracking System Market Regional Analysis
Chapter 15 North America Electromagnetic Tracking System Market Outlook (2018 - 2030)
Chapter 16 Europe Electromagnetic Tracking System Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Electromagnetic Tracking System Market Outlook (2018 - 2030)
Chapter 18 Latin America Electromagnetic Tracking System Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Electromagnetic Tracking System Market Outlook (2018 - 2030)
Chapter 20 Research Findings
To know more Electromagnetic Tracking Systems Market TOC click here: https://www.cognitivemarketresearch.com/electromagnetic-tracking-system-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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