Surgical navigation systems market to record USD 1.75 billion by 2030

According to the report, the global surgical navigation systems industry was estimated at $940.68 million in 2020, and is anticipated to hit $1.75 billion by 2030, registering a CAGR of 6.4% from 2021 to 2030.

Top surgical navigation systems companies:

• Medtronic
• Stryker Corporation
• Zimmer Biomet
• Brainlab AG
• B. Braun Melsungen AG.
• GE Healthcare
• Siemens Healthineers
• Philips Healthcare
• Smith & Nephew
• Intuitive Surgical

The surgical navigation systems market includes a wide range of products such as optical navigation systems, electromagnetic navigation systems, hybrid navigation systems, and robotic navigation systems. These systems are used in a variety of surgical specialties including neurosurgery, orthopedic surgery, ENT surgery, and cardiovascular surgery, among others.

The global surgical navigation systems market is expected to grow rapidly in the coming years due to the increasing demand for minimally invasive surgeries, the growing prevalence of chronic diseases, and the rising aging population. Additionally, technological advancements in surgical navigation systems, such as the integration of augmented reality and machine learning, are expected to further drive market growth.

Segmentation
Technology: The market can be segmented based on the type of navigation technology used, such as optical navigation systems, electromagnetic navigation systems, hybrid navigation systems, and robotic navigation systems.

• Application: The market can be segmented based on the surgical specialty, such as neurosurgery, orthopedic surgery, ENT surgery, and cardiovascular surgery.
• End-user: The market can be segmented based on the end-user, such as hospitals, ambulatory surgical centers, and clinics.
• Region: The market can be segmented based on the geography, such as North America, Europe, Asia-Pacific, and Rest of the World.
• Component: The market can be segmented based on the component, such as hardware, software, and services.
• Modality: The market can be segmented based on the modality, such as standalone and integrated systems.

Regional analysis:

• North America (U.S., Canada, Mexico)
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
• LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Allied Market Research