Surgical Navigation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026
A computer workstation and hardware for tracking the position of instruments are included in the surgical navigation equipment. Although both optical and electromagnetic tracking is available, most sinus surgeons prefer electromagnetic tracking.
The
global Surgical Navigation System Market has grown
significantly in recent years, owing to an increase in the geriatric
population, increased adoption of surgical navigation technology in minimally
invasive surgical procedures, and a high prevalence of chronic disorders such
as Alzheimer's, strokes, and cerebrovascular diseases. Increased healthcare
spending in emerging Asia-Pacific economies such as India, China, and others is
expected to create new opportunities for market expansion. However, the high
cost of surgical navigation systems may limit the market growth.
The demand for this technology has increased because it easily maps the brain of the patient and allows for a better understanding of how to carry out surgical operations efficiently. Furthermore, the demand for Surgical Navigation System Market technologies has increased due to technological advancements all over the world, complexities in medical procedures, and a large number of deaths due to traditional methods; however, the high cost of surgical navigation systems limits their market.
Surgical Navigation System Market the surgical navigation systems market by technology, application, end-user, and region. On the basis of technology, the market is divided into electromagnetic navigation systems, optical navigation systems, hybrid navigation systems, fluoroscopy-based navigation systems, CT-based navigation systems, and others.
Another factor driving
the increased adoption of these devices during the forecast period is the
rising demand for minimally invasive surgeries. Minimally invasive surgeries
have fewer incision wounds, resulting in faster recovery, shorter hospital
stays, and improved patient comfort. Furthermore, because hospital stays are
shorter, these procedures are more cost-effective. The amount of blood lost
during minimally invasive surgeries is less than that of traditional open
surgeries.
Key Players
Few well-established
market players include Medtronic PLC, Stryker Corporation, Brainlab AG, B.
Braun Melsungen AG, Scopis GmbH, Fiagon GmbH, Zimmer Biomet Holdings, Inc.,
Amplitude Surgical, and Siemens Healthcare Corporation.
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