Authored By: Sarah
30 Oct 2024

high prevalence of cvd is driving the Surgical Navigation Systems Market

Latest News:- Surgical Navigation Systems Market: Neurology is expected to lead the Application segment during 2024-2028

Technavio analyzes that the Surgical Navigation Systems Market is expected to grow at a CAGR of 6.92% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 580.92 million.There are various factors that contribute to the growth of the market. The Surgical Navigation Systems market experiences significant growth due to the increasing prevalence of cardiovascular diseases (CVD). These systems offer precise and accurate real-time information during surgeries, ensuring optimal treatment outcomes for CVD patients. The advanced technology enhances surgical efficiency, reduces invasiveness, and minimizes post-operative complications. The market's expansion is further driven by the rising number of minimally invasive surgeries and increasing healthcare expenditures.

In the neurology segment, surgical navigation systems hold substantial significance in the global market due to their indispensable role in neurosurgical procedures. These systems offer real-time imaging and navigation guidance during intricate brain and spinal surgeries, ensuring high precision and accuracy. Neurosurgeons rely on surgical navigation systems to identify and map out tumor locations, intricate brain structures, and delicate nerve pathways, enabling minimally invasive interventions. For instance, during neurosurgical tumor resections, these systems help neurosurgeons avoid critical brain regions, thereby reducing the risk of neurological deficits post-surgery. Surgical navigation systems are also essential in advanced neurosurgical procedures like deep brain stimulation (DBS) for Parkinson's disease and essential tremor. Adverse events such as postablation edema, minimally invasive debulking, thermal coagulation, mass effect, and edema-related complications are mitigated through the use of these systems, enhancing patient safety and outcomes. 

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Surgical Navigation Systems Market Segmentation

  • Application
    • Neurology
    • Orthopedic
    • ENT
    • Dental
    • Others
  • Technology
    • Electromagnetic
    • Optical
    • Hybrid
  • 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

  • B.Braun SE
  • Brainlab AG
  • CASCINATION AG
  • Corin Group Plc
  • Fiagon GmbH
  • General Electric Co.
  • Johnson and Johnson
  • KARL STORZ SE and Co. KG
  • Lexmark International Inc.
  • Medacta International SA
  • Medtronic Plc
  • Navigate Surgical Technologies Inc.
  • OrthAlign Corp.
  • Orthofix Medical Inc.
  • Samsung Electronics Co. Ltd.
  • Siemens AG
  • Smith and Nephew plc
  • Stryker Corp.
  • Zimmer Biomet Holdings Inc.
  • Amplitude Surgical

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Research Analysis Overview

Surgical navigation systems offer intraoperative image guidance and computer-assisted assistance for neurosurgical procedures, particularly in managing intracranial pathologies. These systems help reduce complication rates by enabling precise trajectory planning, utilizing technologies like magnetic resonance angiography, diffusion tensor imaging, and fiber tracking. By identifying vital structures, such as cerebrospinal fluid (CSF), and avoiding hemorrhage, motor deficits, refractory edema, and adverse events, these systems minimize risks associated with ablation volumes, high-dose steroid administration, and postablation edema. Minimally invasive debulking techniques, such as thermal coagulation, benefit from navigation systems to address mass effect and edema-related complications. Frame-based techniques and anchoring devices also find application in these systems, reducing the risks of device malposition and inaccurate laser placement.

Market Research Overview

The Surgical Navigation Systems market is a significant segment within the broader Healthcare Technology sector, which was valued at USD380.72 billion in 2023. This market encompasses the sales of healthcare applications, IT systems, and digital health technologies, including surgical navigation systems. These advanced systems facilitate computer-assisted procedures, reducing complication rates and enhancing trajectory planning. Magnetic resonance angiography (MRA) and Diffusion Tensor Imaging (DTI) with Fiber Tracking technologies are integral components of these systems. By providing precision and accuracy, surgical navigation systems contribute significantly to the healthcare industry's ongoing digital transformation.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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