Report Highlights
The global market for surgical navigation systems is estimated to increase from $1.2 billion in 2022 to reach over $1.8 billion by 2027, at a compound annual growth rate (CAGR) of 9.0% from 2022 through 2027.
Report Includes
- 37 data tables and 11 additional tables
- A comprehensive overview and up-to-date analysis of the global markets for surgical navigation systems and related technologies
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2019-2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current state and future market potential of surgical navigation systems applications, along with a detailed analysis of the competitive environment
- Estimation of the actual market size and revenue forecast for global surgical navigation systems market, and the corresponding market share analysis based on technology type, application, end user, and region
- In-depth information (facts and figures) concerning major market drivers, recent trends and developments, opportunities and challenges estimating the market demand, and the impact of macroeconomic factors in the progress of this market
- Country specific data and market value analysis for the U.S., Canada, Germany, U.K., France, Italy, Spain, Russia, China, India, Japan, and Australia etc.
- A look at the international regulations for those underlined surgical navigation systems market, and details concerning potential market for these developmental procedures and products
- Detailed analysis of relevant R&D activities, new products launches and product enhancement in the industry, and market share analysis of the key companies operating in the industry
- Updated information on the key mergers, acquisitions, and collaboration deals among the surgical navigation systems manufacturing companies for 2018-2023
- Descriptive company profiles of the leading market players, including B. Braun Group, Hitachi Ltd., Medtronic plc, Stryker, Johnson & Johnson, Smith & Nephew plc, and Zimmer Biomet Holdings Inc.
Report Scope
The scope of this report is broad and covers different types of surgical navigation systems applications in different kinds of treatment. The market has been fueled by favorable reimbursement of surgeries in the U.S. and improved healthcare insurance coverage in Europe. Advancements in technology have improved the safety and efficacy of routine procedures, enhanced surgical outcomes, and reduced associated risks.
The current report provides detailed exposure to the surgical navigation systems global market. This report highlights the current and future market potential of this medical equipment and analyzes the market’s drivers, challenges, and opportunities. Revenues are broken down by region, type, and application. For market estimates, data has been provided for 2019, 2020, and 2021 (as the base year), 2022, and a forecast for 2027. The report also covers market share for major market players. It includes the company profiles of the major players with detailed information about their business segments, financials, product portfolios, recent developments, and pipeline products. It also provides the impact of the COVID-19 pandemic on this market.
This report on surgical navigation systems provides a brief description of the current status of the industry and recent developments. The report analyzes the market trends and identifies critical medical and geographical challenges and rising opportunities in the developed and developing world. Finally, it provides insights regarding new developments in surgical navigation systems that help surgeons plan and perform complex procedures minimally invasively.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||||||||||
| Forecast period considered | 2022-2027 | ||||||||||||||||||||||||
| Base year market size | $1.1 billion | ||||||||||||||||||||||||
| Market size forecast | $1.8 billion | ||||||||||||||||||||||||
| Growth rate | CAGR of 9.0% for the forecast period of 2022-2027 | ||||||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||||||
| Segments covered | By Technology Type, Application, End User, and Region | ||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||||||||||||
| Countries covered | The U.S., Canada, Germany, United Kingdom, France, Spain, Italy, Russia, China, India, Japan, and Australia | ||||||||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Increasing prevalence of surgical procedures
- Technological advancements and innovations
- Growing aging population specially in Asia-Pacific region
- Increasing Government initiatives
- Collaborations and partnership with healthcare providers
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for surgical navigation systems industry is expected to reach $987.3 million by 2021 from $596.7 million in 2016, rising at a compound annual growth rate (CAGR) of 10.6% from 2016 through 2021.
Report Highlights
The global surgical navigation systems market reached $385.5 million in 2012. This market is expected to grow to $419.7 million in 2013 and $631.9 million in 2018, a compound annual growth rate (CAGR) of 8.5% from 2013 to 2018.
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