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North America Surgical Navigation Systems Market Size, Share & Industry Trends Analysis Report By End User, By Application, By Technology, By Country and Growth Forecast, 2021-2027

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    Report

  • 85 Pages
  • March 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5590227
The North America Surgical Navigation Systems Market is expected to witness market growth of 5.6% CAGR during the forecast period (2021 2027).

An increase in the demand for minimally invasive surgical procedures is another factor driving the adoption of this technology. Lesser incision wounds are caused by minimally invasive procedures, which results in a faster healing period, a shorter hospital stay, and improved patient comfort. Moreover, because of the shorter hospital stays, these operations are cost-effective. When compared to traditional open operations, minimally invasive surgeries also result in reduced blood loss.

Surgical navigation systems based on electromagnetic (EM) technology are expected to gain significant popularity in the coming years. When compared to other surgical navigation systems, EM systems are less expensive and provide a superior line of sight. In addition, a rise in the number of orthopedic surgical procedures has been attributed to an increase in the number of joint replacement surgeries. Even when using minimally invasive techniques, navigation allows accurate and repeatable component location during replacement surgeries. The surgeon can precisely restore joint displacement and organ length by controlling the elongation of the limb. The benefits of adopting navigation systems in orthopedic surgical operations will propel this market forward.

According to the United States Census Bureau, approximately 46.2 million individuals in the United States were 65 and older in 2014, with that, this figure is expected to rise to 98 million by 2060. Moreover, the demand for hip and knee replacement surgery is expected to also surge due to steep increase in the population aged 60 and up. Moreover, the presence of a favorable regulatory structure is anticipated to boost the market's overall growth as well as the demand for surgical navigation systems. The deployment of these systems by surgeons is expected to be fueled by rising payment coverage for orthopedic procedures such as knee replacement in the coming years.

The US market dominated the North America Surgical Navigation Systems Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $375.3 million by 2027. The Canada market is exhibiting a CAGR of 8% during (2021 - 2027). Additionally, The Mexico market is expected to witness a CAGR of 7.1% during (2021 - 2027).

Based on End User, the market is segmented into Hospitals and Physician Practices & Ambulatory Settings. Based on Application, the market is segmented into Neurosurgery, Orthopedic, ENT, Dental, and Others. Based on Technology, the market is segmented into Electromagnetic Navigation Systems, Optical Navigation Systems, CT-Based Navigation Systems, Hybrid Navigation Systems, Fluoroscopy-Based Navigation Systems and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.

Scope of the Study


Market Segments Covered in the Report:


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 Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players


List of Companies Profiled in the Report:

  • 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 the publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Surgical Navigation Systems Market, by End User
1.4.2 North America Surgical Navigation Systems Market, by Application
1.4.3 North America Surgical Navigation Systems Market, by Technology
1.4.4 North America Surgical Navigation Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Publisher Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Approvals and Trials
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun - 2021, Nov) Leading Players
Chapter 4. North America Surgical Navigation Systems Market by End User
4.1 North America Hospitals Market by Country
4.2 North America Physician Practices & Ambulatory Settings Market by Country
Chapter 5. North America Surgical Navigation Systems Market by Application
5.1 North America Neurosurgery Market by Country
5.2 North America Orthopedic Market by Country
5.3 North America ENT Market by Country
5.4 North America Dental Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Surgical Navigation Systems Market by Technology
6.1 North America Electromagnetic Navigation Systems Market by Country
6.2 North America Optical Navigation Systems Market by Country
6.3 North America CT-Based Navigation Systems Market by Country
6.4 North America Hybrid Navigation Systems Market by Country
6.5 North America Fluoroscopy-Based Navigation Systems Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Surgical Navigation Systems Market by Country
7.1 US Surgical Navigation Systems Market
7.1.1 US Surgical Navigation Systems Market by End User
7.1.2 US Surgical Navigation Systems Market by Application
7.1.3 US Surgical Navigation Systems Market by Technology
7.2 Canada Surgical Navigation Systems Market
7.2.1 Canada Surgical Navigation Systems Market by End User
7.2.2 Canada Surgical Navigation Systems Market by Application
7.2.3 Canada Surgical Navigation Systems Market by Technology
7.3 Mexico Surgical Navigation Systems Market
7.3.1 Mexico Surgical Navigation Systems Market by End User
7.3.2 Mexico Surgical Navigation Systems Market by Application
7.3.3 Mexico Surgical Navigation Systems Market by Technology
7.4 Rest of North America Surgical Navigation Systems Market
7.4.1 Rest of North America Surgical Navigation Systems Market by End User
7.4.2 Rest of North America Surgical Navigation Systems Market by Application
7.4.3 Rest of North America Surgical Navigation Systems Market by Technology
Chapter 8. Company Profiles
8.1 Siemens Healthineers AG (Siemens AG)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations, and Agreements:
8.1.1.2 Approval and Trials:
8.1.1.3 Acquisitions and Merger:
8.2 Stryker Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisitions and Merger:
8.3 Zimmer Biomet Holdings, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Approvals and Trials:
8.3.5.3 Product Launches and Product Expansions:
8.4 Medtronic PLC
8.4.1 Company overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisitions and Merger:
8.4.5.3 Product Launches and Product Expansions:
8.5 Braun Melsungen AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent Strategies and Developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 Amplitude Surgical SAS (PAI Partners)
8.6.1 Company Overview
8.7 Karl Storz SE & Co. KG
8.7.1 Company Overview
8.7.2 Recent Strategies and Developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Brainlab AG
8.8.1 Company Overview
8.8.2 Recent Strategy and developments:
8.8.2.1 Partnerships, Collaborations and Agreements:
8.8.2.2 Approvals and Trials:
8.8.2.3 Acquisitions and Mergers:

Companies Mentioned

  • 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

Methodology

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