Surgical Navigation Systems Market By Application (Neurosurgery Navigation Systems, Orthopedic Navigation Systems, ENT Navigation Systems, Dental Navigation Systems, Cardiac Navigation Systems), By End User (Hospitals & Clinics, Nursing Homes, Ambulatory Surgical Centers) - Growth, Future Prospects & Competitive Analysis, 2019 – 2027

"Surgical navigation systems market to exhibit lucrative growth during the forecast period"

The global surgical navigation systems market is developing at a healthier CAGR, was valued at US$ 732.0 Mn in 2018 and expected to reach US$ 1,166.6 Mn by 2027. Increasing ageing population along with minimally invasive surgical procedures, growing prevalence of chronic diseases and stroke, and rapid new technology assessment drives the overall surgical navigation systems market growth. Advanced technology evolution in optical systems, electromagnetic and hybrid navigation systems would also drive the global market on a large scale.   

Market Synopsis

Surgical Navigation Systems Market

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"ENT navigation systems segment is expected to register higher growth by the end of 2026"

The global sale of surgical navigation systems is expanding significantly, mainly in the Europe and North America. Availability of a wide range of surgical navigation systems, mainly in the optical and electromagnetic technology or fluoroscopy based systems will further spur revenue growth during the forecast period. Rising admissions of patients with strokes, cerebrovascular diseases and Alzheimer disease along development in hospitals infrastructure will drive significantly. Additionally, increasing medical expenditure for advanced surgeries along with enhanced reimbursement structure across emerging nations will drive the market growth on a global scale.

Surgical Navigation Systems Market

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"New technology expansion in the developed nations will drive the market growth during the forecast period"

Growing ageing population along with prevalence of neurovascular or cardiovascular diseases will drive market growth. Increasing orthopedic surgeries for hip and knee procedures in the hospitals will drive the market growth on global scale. ENT in the end user segment will grow at significant pace in the developed nations, owing to prompt growth in number of critical surgeries, including skull base surgeries and functional endoscopic sinus surgeries. However, deficiency of skilled professionals in hospitals and ambulatory centers along with less technology expansion is restraining the overall growth of the surgical navigation systems market.

Surgical Navigation Systems Market

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"Increasing demand for advanced technology, and the presence of established players holds the U.S. market in dominant position"

The U.S. market contributed maximum revenue share in the global surgical navigation systems market. Additionally, new product launch of novel devices and strong pipeline candidates would further drive the U.S. market. However, in developing economic regions such as Asia Pacific, MEA and Latin America availability of advanced technology is insufficient to fulfill the overall demand. The high cost of surgical navigation procedures along with the need for professionals is limiting the overall market growth. Gigantic patient population in Asia Pacific, increasing demand for minimally invasive procedures, enhanced reimbursement structure and partnerships of medical technology organizations internationally will drive the overall market growth globally.

Surgical Navigation Systems Market

"Dominance of multinational manufacturers with strong product portfolio in the developed regions"

Major players in the surgical navigation systems market are Stryker Corporation, Medtronic plc, B. Braun Melsungen AG, Siemens Healthineers, DePuy Synthes, Fiagon GmbH, Brainlab AG, Zimmer Biomet Holdings, Inc., GE Healthcare, Omni Health, Inc. and others. Medical technology organizations are implementing growth strategies through new technology assessment in automated systems, product launch, and technology expansion into hospitals and clinics.

Surgical Navigation Systems Market

Historical & Forecast Period

This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.

Report Scope by Segments 


Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million

 By Application (2017–2027; US$ Mn)
 • Neurosurgery Navigation Systems
 • Orthopedic Navigation Systems
 • ENT Navigation Systems
 • Dental Navigation Systems
 • Cardiac Navigation Systems

 By End-user Segment (2017–2027; US$ Mn)
 • Hospitals and Clinics
 • Nursing Homes
 • Ambulatory Surgical Centers

 Geography Segment (2017–2027; US$ Mn)
 • North America (U.S., Canada)
 • Europe (U.K., Germany, Rest of Europe)
 • Asia Pacific (Japan, China, Rest of Asia Pacific)
 • Latin America (Brazil, Mexico, Rest of Latin America)
 • Middle East & Africa (GCC, Rest of Middle East & Africa)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall surgical navigation systems market. Additionally, the report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.

Key questions answered in this report

  • What are the current market trends and dynamics in the surgical navigation systems market and valuable opportunities for emerging players?
  • Which segment accounts for the fastest CAGR during the forecast period?
  • What is the impact of high cost of surgical navigation systems on the global market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?
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Published Date:  May 2019
Category:  Medical Devices
Report ID:   59711
Report Format:   PDF
Pages:   120
Rating:    4.4 (58)
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