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Neuronavigation Systems Market Size, Share Analysis And Trends By 2033
Neuronavigation Systems Market
As per the report, the neuronavigation systems market size has grown strongly in recent years. It will grow from $2.12 billion in 2023 to $2.33 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The neuronavigation systems market size is expected to see strong growth in the next few years. It will grow to $3.38 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%.
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What Is Driving The Growth Of The Global Neuronavigation Systems Market?
Neurological Disorder Prevalence Enhances Market For Precision Neuronavigation Systems
The increasing number of neurological disorders is expected to propel the growth of neuronavigation systems going forward. Neurological disorders primarily affect the brain, spinal cord, and nerves throughout the body. The increasing cases of neurological disorders are due to aging populations, exposure to environmental pollutants and toxins, poor diet and nutritional deficiencies, and improved diagnostic capabilities. Neuronavigation systems help surgeons perform brain surgery more accurately, reducing risks and improving outcomes for patients with neurological disorders such as brain tumors and epilepsy by providing precise real-time imaging and mapping of the brain with better detection of these disorders, environmental factors, lifestyle changes such as diet and exercise habits, and, in some cases, genetic predispositions.
What Is The Key Trend In The Global Neuronavigation Systems Market?
Medrotonic Launches NeuroSmart MER Navigation System To Boost Neurosurgical Precision
Major companies operating in the neuronavigation systems market focus on developing innovative solutions, such as the portable microelectrode recording (MER) navigation system, to enhance surgical precision and improve patient outcomes. A portable microelectrode recording (MER) navigation system is a sophisticated medical device used primarily in neurosurgery, particularly for deep brain stimulation (DBS) procedures. This system aids in precisely placing electrodes within the brain by recording the electrical activity of neurons.
How Is The Global Neuronavigation Systems Market Segmented?
The neuronavigation systems market covered in this report is segmented -
1) By Type: Optical System, Electromagnetic System
2) By Application: Neurosurgery, Craniomaxillofacial Surgery, Spinal Surgery, Other Applications
3) By End-Users: Hospitals, Neurology Clinic, Ambulatory Surgical Centers (ASCs), Research Centers
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How Is The Competitive Landscape Of The Global Neuronavigation Systems Market?
Major companies operating in the neuronavigation systems market are Medtronic PLC, Stryker Corporation (SYK), Zimmer Biomet Holdings Inc., Apollo Hospitals Enterprise Ltd., Carl Zeiss Meditec (AFXA.F), Elekta AB, Renishaw PLC, Brainlab AG, Aesculap Inc., Heal Force Bio-Meditech Holdings Limited, Synaptive Medical, Northern Digital Inc., Magstim TMS, NICO Corporation, Surgical Theater, Ying-Chi TMS, Micromar, NeuroCare Group, MRI Interventions Inc., ClaroNav
Contents Of The Global Neuronavigation Systems Market
1. Executive Summary
2. Neuronavigation Systems Market Report Structure
3. Neuronavigation Systems Market Trends And Strategies
4. Neuronavigation Systems Market - Macro Economic Scenario
5. Neuronavigation Systems Market Size And Growth
…..
27. Neuronavigation Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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