The Global Surgical Navigation Systems Market is Predict to reach $1.4 Billion by 2027, at a CAGR of 6.3%

Published Date: 12-May-22

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Surgical Navigation Systems Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Surgical Navigation Systems Market size is expected to reach $1.4 billion by 2027, rising at a market growth of 6.3% CAGR during the forecast period.

The Hospitals segment is leading the Global Surgical Navigation Systems Market by End User 2020, thereby, achieving a market value of $1.0 billion by 2027. The growth of this segment is rising because of the early adoption of robotic aided surgical equipment in various hospitals along with a large range of therapy choices for orthopedic operations and pain management. Moreover, hospitals offer a wide range of therapy alternatives in addition to pain management and orthopedic treatments.

The Neurosurgery segment acquired the maximum revenue share in the Global Surgical Navigation Systems Market by Application 2020, thereby, achieving a market value of $422.5 million by 2027. The rising growth of the segment is owing to an increase in the utilization of minimally invasive surgical processes, an increase in the number of neurological surgeries that are being performed all over the world, and an increase in the number of patients suffering from brain tumors and cancer as well as brain cancer.

The Optical Navigation Systems segment is showcasing a CAGR of 5.5% during (2021 - 2027). Optical imaging technologies have a lot of potential as intraoperative tools for visualizing cells, tissues, and biochemical events with the goal of objectively assessing the tumor margin and advising the surgeon to resect the tumors adequately while sparing important tissues. Therefore, this segment is expected to grow over the forecast period.

The North America market dominated the Global Surgical Navigation Systems Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $520.1 million by 2027. The Europe market is experiencing a CAGR of 5.9% during (2021 - 2027). Additionally, The Asia Pacific market would display a CAGR of 7.1% during (2021 - 2027).

Full Report: https://www.kbvresearch.com/surgical-navigation-systems-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Siemens Healthineers AG, Stryker Corporation, Zimmer Biomet Holdings, Inc., Medtronic PLC, B. Braun Melsungen AG, Amplitude Surgical SAS, Karl Storz SE & Co. KG, and Brainlab AG.

Global Surgical Navigation Systems Market Segmentation

By End User

  • Hospitals
  • Physician Practices & Ambulatory Settings

By Application

  • Neurosurgery
  • Orthopedic
  • ENT
  • Dental
  • Others

By Technology

  • Electromagnetic Navigation Systems
  • Optical Navigation Systems
  • CT-Based Navigation Systems
  • Hybrid Navigation Systems
  • Fluoroscopy-Based Navigation Systems
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Siemens Healthineers AG
  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
  • Medtronic PLC
  • B. Braun Melsungen AG
  • Amplitude Surgical SAS
  • Karl Storz SE & Co. KG
  • Brainlab AG

Unique Offerings from KBV Research

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  • The highest number of market tables and figures
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  • Assured post sales research support with 10% customization free

Related Reports:

North America Surgical Navigation Systems Market Future Scope & Opportunities 2021-2027

Europe Surgical Navigation Systems Market Size & Growth Forecast 2021-2027

Asia Pacific Surgical Navigation Systems Market Size, Share & Industry Outlook to 2027

LAMEA Surgical Navigation Systems Market Growth, Trends & Forecasts 2021-2027

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