Introduction to Product
Surgical navigation systems are used during a surgical procedure on a patient. The System generates an image representing the position of one or more body elements during the procedure using scans generated by a scanner prior to or during the procedure. The image data-set has reference points for each body element scanned along with the reference points of a particular body element having a fixed spatial relation to the particular body element. The system includes an apparatus for identifying, during the procedure, the relative position of each of the reference points of each of the body elements to be displayed.
Additionally, the device may be a reference frame for attachment of a body part of the patient, such as a cranial reference arc frame for attachment to the head on a spine reference arc frame for attachment to the spine. The device may also be a localization frame for positioning an instrument relative to a body part, such as a localization biopsy guide frame for positioning a biopsy needle, a localization drill guide assembly for positioning a drill bit, a localization drill yoke assembly for positioning a drill, or a ventriculostomy probe for positioning a catheter.
Artificial intelligence (AI) enables machines to give unparalleled incentive in a bunch of applications. Specialists have outfit artificial intelligence to examine huge volumes and perform clinical assignments such as the distinguishing proof of diabetic retinopathy or the analysis of cutaneous malignancies.
Market Size and Forecast
The surgical navigation system market is anticipated to record a CAGR of 7.4% over the forecast period i.e. 2019-2027. The market is segmented by technology into hybrid navigation, optical navigation, fluoroscopy based and electromagnetic navigation out of which hybrid navigation is anticipated to capture the major share of market. The market is also segmented by end use into hospitals, physician practice, ambulatory surgical centers and others out of which hospitals are anticipated to capture the major market on account of higher patient intake resulting in increasing demand for efficient surgical navigation systems.
Many multi-national companies are adopting new and improved technologies to raise the efficiency of their surgical navigation products. Currently, the market is observing vibrant growth owing to increasing demand for efficient systems to perform various surgeries that are conventionally labor intensive and time consuming.
The market is booming on the back of rising demand of high accuracy systems manufactured using advanced technologies which can be used to detect the various diseases such as cancer, surgery, knee alignment, optical nerves defect. CLICK TO DOWNLOAD FREE SAMPLE
Disease Based Surgeries
There has been an ongoing demand for surgeries in orthopedic sector. Usually, patients suffering from diseases such as osteoarthritis that affect knees and hips, weight bearing joints surgeries with surgical navigation system can address such concerns.
Reduced Post Surgery Risks
Surgeries carry many risks associated with it. There could be post-surgical infections or increased blood loss which would delay the healing and recovery process. However, the surgical navigation systems provides an accurate imaging of anatomy. This reduces post-surgical risks resulting in faster healing. This induces the global surgery navigation systems market to witness a significant growth.
The high cost of the surgery and requirement for highly experienced and qualified surgeon to perform the operations using surgical navigation system is expected to restrain the demand for surgical navigation systems.
Our-in depth analysis of the surgical navigation system market includes the following segments:
By End Use
On the basis of regional analysis, the surgical navigation system market is segmented into five major regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America is panned to observe substantial growth in surgical navigation system market on the back of high per capita health care expenditure, increasing prevalence of various diseases and availability of better and advanced health care facilities which have resulted in manufacturers investing more on new product launches and technological advancements to meet the demand for surgical navigation systems. Various organizations are adopting artificial intelligence for better results of equipment manufactured by them.
Asia pacific is expected to face a high demand due to increase in population and healthcare spending of developing economies like China and India on advancements in various surgical specializations.
Middle East & Africa is expected to capture a modest share of the surgical navigation system market over the forecast period due to increase in the usage of advanced surgical products in the countries such as Israel & GCC. Numerous government and private organizations are working toward development of the advanced surgical navigation systems to address the increasing demand in the region.
The surgical navigation system market is further classified on the basis of region as follows:
Top Featured Companies Dominating the Market
Select License Type
Direct access to analyst to help you understand the market in a better way to handle your critical question
Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved
Get 10% free customization