"Designing Growth Strategies is in our DNA"
In 2017, Scopis GmbH, announced that the company got FDA clearance for its augmented reality based surgical navigation system which holds the capability to offer advanced navigation during ear, nose, and throat (ENT) surgery. The surgical navigation system is a combination of sensors, hardware, software, tracking algorithms and image data processing to precisely track the location of surgical instruments during the entire surgical procedure. The surgical navigation system allows direct access to target areas through a minimal incision which makes surgery safe, reliable and also reduces overall operation time. These systems include a localizer, surgical probe, and a CT scan data set, which processes information and gives a comprehensive picture of a surgical procedure.
Exponentially increasing surgical procedures coupled with increased technology adoption with the aim to simplify complex procedures is expected to fuel the growth of the global surgical navigation systems market during the forecast period. In December 2018, Saint Thomas Rutherford Hospital installed its first O-arm compatible surgical navigation system in order to improve accuracy in surgical procedures.
To gain extensive insights into the market, Request for Customization
The global surgical navigation systems market is expected to witness barriers due to certain factors such as lack of required infrastructure in emerging nations. Moreover, increased risk of device malfunction and stringent government regulations for surgical navigation systems is expected to hamper the growth of the global surgical navigation systems market during the forecast period.
Some of the key players operating in the global surgical navigation systems market are Medtronic, KARL STORZ SE & Co. KG, B. Braun Melsungen AG, Stryker, Zimmer Biomet, Siemens Healthcare Private Limited, CASCINATION AG, Navigate Surgical Technologies Inc., BRAINLAB AG, Fiagon AG Medical Technologies, Amplitude Surgical, OrthAlign, Inc., 7D Surgical, and others.
· Electromagnetic Navigation System
· Optical Navigation System
· Fluoroscopic Navigation System
· Hybrid Navigation System
· ENT (Ear, Nose, Throat) Surgery
· Dental Surgery
· Orthopedic Surgery
By End User
· Ambulatory Surgery Centres
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Among the segmentation, hybrid navigation systems in technology segment are expected to hold a considerable share of the global surgical navigation systems market due to higher adoption of these systems as they offer multiple functionalities during the surgical procedures.
The regulatory scenario for key countries
Key mergers and acquisitions
Key strategies of leading market players
Key performance indicators for global surgical navigation systems market
Recent industry developments such as partnerships, mergers, and acquisitions
North America is projected to dominate the global surgical navigation systems market owing to highly developed infrastructure which is enabling utilization of advanced electronic devices with greater ease. Moreover, the gradual shift in the adoption of minimally invasive procedures from conventional surgical procedures is expected to boost the growth of the global surgical navigation systems market during the forecast period. The Asia Pacific offers huge potential for the growth of global surgical navigation systems market due to the increasing number of surgical procedures and rising demand for advanced healthcare systems. Additionally, increasing healthcare spending in emerging nations is anticipated to register comparatively higher CAGR in the global surgical navigation systems market by 2026.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry