Global Surgical Navigation Systems market is accounted for $0.48 billion in 2015 and is expected to reach $0.96 billion by 2022 growing at a CAGR of 10.3%. Rising elderly population, increasing demand for orthopaedic, trauma, neurological, and ENT surgeries are the major factors fueling the market. Moreover, technological advancements in surgical navigation systems and rising awareness are other factors favouring the market growth. However, high cost of surgical navigation systems is hampering the market.
North America accounted for the largest share in the market owing to advanced healthcare facilities. While, Asia Pacific is estimated to grow at a highest CAGR during the forecast period owing to rising disposable incomes, supporting government initiatives and improving healthcare facilities. Neurosurgical navigation systems accounted for the largest share during the forecast period owing to increased demand for accuracy due to complexity involved in the surgery.
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Some of the key players in Global Surgical Navigation systems market include Siemens Healthcare Corporation, Zimmer Holdings Inc., GE Healthcare Ltd., B. Braun Melsungen AG (Aesculap AG), Stryker Corporation, Medtronic, Inc., Brainlab AG , Blue Belt Technologies, Medacta International SA, Claron Technology Inc, MAKO Group , SonoWand AS, Fiagon Na, OrthAlign Inc and Scopis GmbH .
End Users Covered:
• Research Labs & Institutes
• Home/Ambulatory & Others
• Hospitals & Diagnostic Centres
Product Types Covered:
• ENT Navigation System
• Neurosurgery Navigation System
• Spine Navigation System
• Orthopaedic Navigation System
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