Press release
Surgical Navigation System Market to hit US$ 2,458.83 Mn, Globally, by 2030 at 10.09% CAGR: The Insight Partners
According to our new research study on "Surgical Navigation System Market Size and Forecast to 2030 - Global and Regional Analysis - by Type, Application, and End User," the market is expected to grow from US$ 1,139.93 million in 2022 to US$ 2,458.83 million by 2030; it is estimated to record a CAGR of 10.09% during 2022-2030. Key driving factors behind the market development are the rising cases of musculoskeletal and neurological disorders and the integration of advanced technology with surgical navigation systems.Get Exclusive Sample Copy of This Report @ https://www.theinsightpartners.com/sample/TIPRE00005202/?utm_source=OpenPR&utm_medium=10129
Global surgical navigation systems market is segmented by region into North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America. The North America regional market is expected to grow with CAGR of 10.49% during 2022-2030. The market growth in this region is attributed to the rising surgeries, acting as a standalone factor positively influencing the growth of the market. Additionally, technological advancements in surgical monitoring devices further enhances the overall market growth during 2022-2030.
Integration of Navigation System with Robotics is Anticipated to Drive the Surgical Navigation System Market.
Surgical robotic navigation provides benefits to surgeons in precisely aligning surgical instruments and screws. Additionally, the real-time visualization of instrument positioning and imaging compatibility enables high accuracy for surgeons while performing procedures through the navigation system. Several top companies plan to launch innovative robotic surgical navigation platforms. Globus Medical offers a Multifunctional Robotics + Navigation platform designed to improve surgical accuracy and optimize patient care with the use of robotics and navigation. Axis Spine Center's surgical navigation robot is connected to a camera with which the robot can process the view captured by the camera using the CT image in real time. The robot can also change position upon patients' movement to ensure a precise placement of the surgical instrument. Despite developments in robotic surgical navigation, further studies are necessary to determine the efficacy, efficiency, and safety of new combined surgical robotic navigation systems/platforms.
By application, the surgical navigation system market is segmented into orthopedic, ENT, neurology, dental, and others. The orthopedic segment is further segmented into knee replacement procedures and hip replacement procedures. The orthopedic segment held the largest market share in 2022 owing to the rising orthopedic surgeries. According to the American Academy of Orthopedic Surgeons, nearly 1 million knee and hip replacements are performed every year. An aging population and an increase in obesity and osteoarthritis will cause that number to rise to 4 million by 2050. Computer- and robot-assisted navigation is expected to continue to play an increasingly important role in helping patients' outcomes and lengthen the life of their implants as these procedures become increasingly common.
The orthopedic surgery navigation system or the orthopedic surgical robot is designed to use a patient's preoperative/intraoperative imaging data to plan the surgical path and then guide the doctor to complete the planned surgical path using the robotic arm's guiding function. The navigation system also captures joint range of motion, laxity, and kinematics intraoperatively. HipNav is an image-guided surgical navigation system used in hip replacement surgery. With this system, prosthetic components can be measured and guided during total hip replacement surgery (THR). The system consists of a 3-dimensional preoperative planner, a simulator, and an intraoperative surgical navigator. The orthopedic segment is further classified into knee replacement and hip replacement.
The neurology segment is anticipated to register the highest CAGR during 2022-2030. An advanced surgical technique based on image guidance is neuro-navigation. It uses digitized radiological images that are matched to the patient's head and spine anatomy. In surgery, the computer guides the surgeon to the critical areas of the brain and spine, reducing invasiveness, improving accuracy, and making the procedure safer. Medtronic offers a StealthStation S8 surgical navigation system, which has an intuitive interface, improved patient registration software, and advanced visualization to navigate neurosurgery procedures.
Major players in the surgical navigation system market include B Braun SE; DePuy Synthes Inc.; Medtronic Plc; Siemens Healthineers AG; Stryker Corp.; ZimmerBiomet Holdings Inc.; Brainlab AG; CASCINATION; HEMOSTASIS, LLC; Corin Group; and GE HealthCare Technologies Inc. These leading players adopt strategies such as the launch of new products, expansion and diversification of their market presence, and expansion of new customer base for tapping prevailing business opportunities.
Directly Purchase a Copy of this Research Study at - https://www.theinsightpartners.com/buy/TIPRE00005202/?utm_source=OpenPR&utm_medium=10129
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surgical Navigation System Market to hit US$ 2,458.83 Mn, Globally, by 2030 at 10.09% CAGR: The Insight Partners here
News-ID: 3264230 • Views: …
More Releases from The Insight Partners

HR+/HER2- Breast Cancer Market Is Booming Worldwide | Latest Study Reveal for th …
HR+/HER2- Breast Cancer Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market…

Pharmaceutical Contract Development and Manufacturing Market Future Prediction R …
Pharmaceutical Contract Development and Manufacturing Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon…

Prenatal and Newborn Genetic Testing Market Future Prediction Report By 2031
Prenatal and Newborn Genetic Testing Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon…

Patient Controlled Injectors Market Global Rising Demand & Huge Scope Till 2031
Patient Controlled Injectors Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market…
More Releases for Navigation
BeiDou Navigation Satellite System Market 2019 Growth Factors - Beijing BDStar N …
Recent market research study Global BeiDou Navigation Satellite System Market 2019 Forecast to 2024 now available with MRInsights.biz provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed…
Navigation Systems Market Forecast to 2025 - Demand in Robotic Navigation, Autom …
Navigation Systems Market by Applications for Marine, Aviation, Transportation and Military to 2024 - Study on Status and Future Forecast. Download Free PDF Brochure of Navigation Systems Market Research Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=2039332 .
Demand for navigation systems surged, especially in the aftermarket where varied economical options were available to the consumers. The market for in-dash navigation systems has seen significant changes as well. The feature which was available as a part…
Surgical Navigation System Market, by Application (Neurological Surgeries, ENT S …
The global surgical navigation system market, by Application (Neurological Surgeries, ENT Surgeries, Orthopedic Surgeries, Cardiac Surgeries and Dental Surgeries), by Technology (Optical Navigation System, Electromagnetic Navigation System and Hybrid Navigation System), by End User (Hospital and Nursing Home, Ambulatory Surgical Centers and Other End Users) was valued US$ 673.1 in 2017 and is projected to exhibit a CAGR of 6.9% over the forecast period (2018 – 2026) as highlighted in…
Navigation Satellite System Market - Qualcomm, Trimble Navigation, Broadcom
MarketResearchReports.Biz adds “Global Navigation Satellite System Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Navigation Satellite System market and the growth estimates for the forecasted period.
This report studies the global Navigation Satellite System market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Navigation Satellite System market by companies, region,…
Flight Navigation System Market: Navigation Based Methodology to Model Supply Ch …
Exclusive Summery About Report:
According to the recent Market Study Report “Global Flight Navigation System Market” published by the Market Research Future; the market of Flight Navigation System is expected to grow at a CAGR of…
Global Navigation Satellite System Market 2017 : Qualcomm, Trimble Navigation, B …
Global Navigation Satellite System Market 2016-2017
A market study based on the " Navigation Satellite System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Navigation Satellite System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Navigation Satellite System industry, and makes predictions on the future status of Navigation Satellite System market on the basis of…