Vantage Market Research releases its latest comprehensive report on the ‘Surgical Navigation Systems Market’ with a forecast period of 2025-2034. In 2023, the global surgical navigation systems market size was USD 7.43 billion, and is calculated at USD 8.21 billion in 2024. The market is projected to reach USD 22.28 billion in 2034, and register a revenue CAGR of 10.5% over the forecast period (2025-2034).

Market Overview:

Growth of the global surgical navigation systems market is driven by increasing preference for Minimally Invasive Surgeries (MIS), use of surgical navigation systems to enhance surgeon accuracy in complex procedures such as neurosurgery, orthopedic surgery, and ENT surgeries, and rising prevalence of diseases and conditions such as cardiac diseases, neurological disorders, orthopedic issues like osteoarthritis, all of which are driving up the number of surgical interventions requiring navigation systems. Also, rapidly aging global population and increasing number of geriatric individuals with age-related conditions and disease and need for surgeries, especially for orthopedic and neurological conditions, are further driving growth of the surgical navigation systems market.

Technological advancements, such as real-time imaging, real-time decision support, and integration of Artificial Intelligence (AI), robotics with navigation systems, and CT and MRI systems with surgical navigation systems are enabling more accurate, efficient, and life-changing surgical procedures with favorable patient outcomes. Advancements in electromagnetic navigation systems, hybrid navigation systems, optical navigation systems, fluoroscopy-based navigation systems, CT-based navigation systems, and other associated and related systems are also leading to more favorable patient and surgical outcomes. 

Technology and integration of more advanced capabilities into these systems offers surgeons with enhanced visualization and accuracy, driving greater adoption in hospitals and specialty centers. Moreover, increasing investments in healthcare infrastructure, especially in emerging markets, are supporting wider use of surgical navigation systems, and this trend is expected to continue to contribute positively to overall market revenue growth.

Optical navigation systems are highly preferred over other systems due to high accuracy and precision offered with use of these systems in surgeries and interventions. High precision positions optical navigation systems as the preferred choice for complex surgeries like neurosurgery and orthopedic procedures. Advancements in camera and imaging technologies leading to improved real-time visualization during surgery and rising adoption rate in minimally invasive surgeries (MIS), which reduces recovery time and improves patient outcomes, are key factors supporting demand for this system. Use of electromagnetic navigation systems is also high, but especially in ENT surgeries and bronchoscopy. This is preferred for such procedures due to no line-of-sight requirement, unlike optical systems, making it ideal for certain types of procedures, and also application in flexible endoscopic procedures is rising.

Prevalence of complex medical conditions such as neurological disorders, orthopedic injuries, and cancers has been rising significantly more recently. This is also resulting in increasing number of individuals seeking diagnosis and treatment as a result of easier access to healthcare services and facilities with capability to diagnose, treat, and manage various diseases and conditions. Besides, the preventive healthcare trend is also resulting in an increase in number of individuals seeking detection, diagnosis, and treatments, including surgical interventions, for various conditions and diseases before these can lead to more serious outcomes. These trends and factors are supporting growth of the global surgical navigation systems market to a major extent.

Some Key Takeaways:

• Among the regional markets, North America leads in terms of revenue share contribution to the global surgical navigation systems market.
• The US continues to account for largest revenue share among the country markets in North America, driven by rising prevalence of chronic conditions such as neurological and orthopedic disorders, and wide adoption of minimally invasive surgeries
• Europe accounted for second-largest revenue share in 2023 compared to North America, with Germany, France, and the UK leading in terms of contribution.
• The Asia Pacific surgical navigation systems market registered the fastest revenue growth rate in 2023, with China and Japan emerging as the largest revenue share contributors.
• The optical navigation systems segment among the system type segments is expected to account for largest revenue share in the global surgical navigation systems market over the forecast period. 
• The neurosurgery segment among the applications segments is expected to account for largest revenue share over the forecast period. 
• The hospitals segment among the end-user segments is expected to lead in terms of revenue share in the global surgical navigation systems market over the forecast period. 
• The competitive landscape in the global surgical navigation systems market is marked by intense competition among leading players such as Medtronic, Stryker, Brainlab, and Zimmer Biomet competing to maintain positions and expand consumer base. 

Company List:

• B Braun SE
• DePuy Synthes Inc
• Medtronic
• Siemens Healthineers
• Stryker
• Zimmer Biomet
• Brainlab AG
• CASCINATION AG
• Corin Group
• GE Healthcare

Recent Developments:

July 7, 2024: Providence Medical Technology, Inc. announced that the U.S. FDA has cleared its CORUS Navigation Access System for use with the CORUS Spinal System during spinal surgery. The system is designed for posterior spinal fusion procedures and works with Medtronic's StealthStation System. This clearance strengthens Providence's portfolio in advancing spinal surgery for high-risk fusion patients. The CORUS system helps spine surgeons locate and prepare facet joints in both open and minimally invasive procedures, improving accuracy and precision. Integration with surgical navigation allows for better visualization of anatomical structures, reducing the risk of complications, and shortens operative times. 

April 22, 2024: India Medtronic, which is a wholly-owned subsidiary of Medtronic, announced the launch of NeuroSmart Portable Micro Electrode Recording (MER) Navigation system for treatment of individuals with Parkinson’s in India. The system is India’s first and revolutionizes Deep Brain Stimulation (DBS) therapy by enhancing precision during surgery. NeuroSmart Portable MER Navigation system has been developed by Alpha Omega Engineering, and the precision of the new and advanced AI-enabled MER Navigation system enables meticulously optimized electrode placement while recording neural activity and offers profound relief from debilitating symptoms such as tremors and stiffness. The system has advanced capabilities for enhanced target localization, based on HaGuide automatic navigation, and helps to identify the most effective target for the patient, ensuring optimum symptom relief.

April 04, 2024: FUJIFILM Healthcare Americas Corporation - a leading provider of diagnostic imaging solutions - and Brainlab - a prominent digital medical technology company - announced a partnership making Brainlab the exclusive US distributor of the ARIETTA Precision Ultrasound for neurosurgical applications. This system, when integrated with Brainlab’s surgical navigation technology, provides a robust solution for intraoperative neurosurgery, offering enhanced guidance and superior image quality for critical surgical decisions. These systems deliver a fully integrated solution that combines imaging and navigation, aimed at improving surgical workflows. This collaboration is expected to benefit over 2,000 neurosurgery departments across the US, expanding the capabilities of neurosurgeons with advanced intraoperative tools.

Surgical Navigation Systems Market Segmentation:

By Technology:

• Electromagnetic Navigation Systems
• Hybrid Navigation Systems
• Optical Navigation Systems
• Fluoroscopy-based Navigation Systems 
• CT-based Navigation Systems
• Other Technologies

By Application:

• Spinal Surgery
• Orthopedic Surgery
• Neurosurgery
• Cardiac Surgery
• Dental Surgery
• ENT Surgery
• Others

By End User:

• Hospitals
• Ambulatory Settings
• Others

Regional Segmentation: 

North America

• United States
• Canada
• Mexico

Europe

• Germany
• United Kingdom
• France
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Rest of Latin America 

Middle East & Africa

• Saudi Arabia
• South Africa
• United Arab Emirates
• Israel
• Rest of MEA

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