Spinal Image Guidance Systems Market Opportunities and Forecasts, 2017 – 2025

Some of the major players in global spinal image guidance system includes Stryker Corporation, 7D Surgical, Shenzhen Anke High-tech Co., Ltd., FIAGON GMBH, Micromar Ind. e Com. LTDA and others.

Spinal image guidance systems are used for the detailed view spinal surgeries. During traditional spine surgery, surgeons take multiple X-rays before and after the procedure to see the accuracy of it. With the advancement in computer technology practitioners can use spinal image guidance system for better view of surgeries. Spinal image guidance system allows the spine surgeons to see the anatomy of the patient before and after the procedure in 3-dimensions and in real-time. Spinal image guidance system creates the three-dimensional models of a patient’s spine and shows them on a computer screen. Image guidance technology combines traditional X-ray with computer technology. It also allows the surgeons to see the virtual images of the surgical instruments that the surgeons use. This device allows the surgeons to handle the complex anatomy during the surgery.

The spinal image guidance system is segmented based on technology it utilizes such as X-ray, Magnetic Resonance Imaging (MRI), Computed Tomography (CT) and 3D Fluoroscopy technique. Spinal procedures are growing with the increasing prevalence of spinal disorder. There are various spinal guidance system providers that provides high quality product in this market. The increase in spinal procedures is increasing the need for new advanced spinal guidance systems.

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The global market for spinal image guidance system market is expected to be driven by the increasing number of experienced practitioners, awareness among the population to several new advanced technologies. The key drivers of the market are the increasing prevalence of spinal disorders, cancer and other diseases. Moreover, the increasing incidence of cancer has increased the requirement for target based therapies and increasing collaboration between research organizations, pharmaceutical and biopharmaceuticals companies is also acting as the fuel to the growth of spinal image guidance system market and is expected to drive the market within the forecast period of 2017-2027. However, the high cost of the device can be the restraint for the growth of this market.

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The increasing investment by the government and hospital facilities for better healthcare is expected to drive the market. The companies are focused on introducing the products with innovative technology. Based on the technology spinal image guidance systems are divided based on the technology such as X-ray, Magnetic Resonance Imaging (MRI), Computed Tomography (CT) and 3D Fluoroscopy technique.

By end user, the global spinal image guidance system has been segmented into Hospitals, Ambulatory Surgical Centers, diagnostic centers and others. Spinal image guidance system are used in almost every healthcare facility providing service of endoscopy.

By regional presence, spinal image guidance system is segmented into five key regions viz. North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. North America will continue to dominate the Spinal Image Guidance System due to better healthcare facilities owing to better economy. Europe is expected to hold second largest market share in global spinal image guidance system. The increasing focus towards better healthcare system and the increasing new hospitals in APAC region is expected to grow the spinal image guidance system market in this region.

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