Surgical Navigation Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Surgical navigation equipment Surgical navigation systems employ computer software and tools to perform planned surgical procedures. This system is mainly used to track the surgical instruments and equipment location during the surgery. It also guides the surgeons through the operation. The surgical navigation system is used mainly in tumor resection, biopsy, catheter placement, spine fusion or decompression, deep brain stimulation, sacral trauma, pelvic or spinal fixation, and others.

MARKET SCOPE

The "Global Surgical Navigation Equipment Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the surgical navigation equipment market with detailed market segmentation by technology, application, end use, and geography. The report provides key statistics on the market status of the leading surgical navigation equipment market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on technology, the global surgical navigation equipment market is segmented into electromagnetic navigation systems, hybrid navigation systems, optical navigation systems, fluoroscopy-based navigation systems, ct-based navigation systems, others.
  
•  Based on application, the global surgical navigation equipment market is segmented into neurosurgery navigation systems, orthopedic navigation systems, ent navigation systems, dental navigation systems, cardiac navigation systems.
  
•  On the basis of end use, the market is segmented into physician practices and ambulatory settings, hospitals, others.
  

MARKET DYNAMICS

Drivers

•  Rise in the incidences of several diseases like Alzheimer, strokes, and cardiovascular diseases.
  
•  Rise in the geriatric population.
  
•  Increase in adoption of surgical navigation technology in minimally invasive surgical procedures.
  

Restraints

•  The high cost of surgical navigation systems is the major restraining factor for this market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The surgical navigation equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the surgical navigation equipment market in these regions.

IMPACT OF COVID-19 ON SURGICAL NAVIGATION EQUIPMENT MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the surgical navigation equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from surgical navigation equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for surgical navigation equipment in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the surgical navigation equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Medtronic plc
  
•  Stryker Corporation
  
•  Brainlab AG
  
•  B. Braun Melsungen AG
  
•  Scopis GmbH
  
•  Fiagon AG
  
•  Karl Storz GmbH & Co. KG
  
•  Amplitude Surgical
  
•  Zimmer Biomet Holdings, Inc.
  
•  Siemens Healthineers
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Surgical Navigation Equipment Report Scope