Authored By: Sarah
16 Oct 2024

new product launches is driving the Neuronavigation Systems Market

Latest News:- Neuronavigation Systems Market: Optical is expected to lead the Product segment during 2024-2028

Technavio analyzes that the Neuronavigation Systems Market is expected to grow at a CAGR of 7.06% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 227.65 million.There are various factors that contribute to the growth of the market.ai_driver_list1

Neuronavigation systems, a crucial component of neuroimaging devices, facilitate minimally invasive neurosurgery by providing real-time, three-dimensional brain function mapping. Utilizing optical tracking technology, these systems employ a pair of stereoscopic optical cameras, an infrared (IR) emitter, and reflective markers. The 3D localization technology monitors a defined measurement space via two or more cameras, each equipped with an IR pass filter. Reflective markers on the reference array, fixed in relation to the patient's head or spine, are tracked, enabling the system to determine the precise location and orientation of surgical instruments in relation to the patient. Optical neuronavigation systems have become the industry standard due to their accuracy and versatility. 

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Neuronavigation Systems Market Segmentation

  • Product
    • Optical
    • Electromagnetic
  • End-user
    • Hospitals
    • ASCs
    • Others
  • Geography
    • North America
    • Europe
    • Asia
    • Rest of World (ROW)

Top Performing Companies

As per our research findings, here are some of the key competitors that are leading the industry

  • Apollo Hospitals Enterprise Ltd.
  • B.Braun SE
  • Brainlab AG
  • Clearpoint Neuro Inc.
  • Fiagon GmbH
  • Heal Force Biomeditech Holdings Ltd.
  • inTRAvent Medical Partners
  • KARL STORZ SE and Co. KG
  • Lexmark International Inc.
  • Medtronic Plc
  • Nexstim Plc
  • Orthofix Medical Inc.
  • Parsiss Co.
  • Roper Technologies Inc.
  • Soterix Medical Inc.
  • Stryker Corp.
  • Synaptive Medical Inc.
  • The Magstim Co. Ltd.
  • Xoran Technologies LLC
  • Zimmer Biomet Holdings Inc.

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Research Analysis Overview

Neuronavigation systems, also known as neurosurgical navigation, involve the use of medical imaging technology and surgical navigation tools to enhance the precision and accuracy of neurological procedures. These systems are essential in brain surgery technology, enabling image-guided surgery, stereotactic surgery systems, and minimally invasive neurosurgery. Neurological navigation techniques are used in the treatment of neurological disorders, including brain tumors, through brain mapping technology and neuroimaging devices. Neurosurgical navigation software and neurosurgical navigation instruments facilitate surgical planning, intraoperative navigation, and 3D visualization. Neurology equipment and neurosurgery equipment employ surgical precision technology to provide neurological treatments, neurological interventions, neurological diagnostics, and neurological rehabilitation. Surgical robotics and intraoperative navigation systems further enhance the capabilities of neuronavigation systems in the field of neurology.

Market Research Overview

The neuronavigation systems market is a significant segment of the global healthcare equipment industry, focusing on advanced neurological procedures. Neurosurgical navigation tools, a subset of medical imaging technology, enable precise brain surgery by integrating real-time imaging and patient-specific data. Technavio, a leading technology research firm, includes this market within the broader healthcare equipment sector. The global healthcare equipment market encompasses various product categories, such as capital equipment, instruments, implants, accessories, and consumables, used for disease diagnosis, monitoring, and treatment. The market size for healthcare equipment is determined by the combined revenue generated by manufacturers of diagnostic devices and equipment. In the healthcare equipment industry, the devices segment includes advanced, differentiated, and clinically tested data-driven devices, like neuronavigation systems, which play a crucial role in neurological procedures.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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