The surgical navigation system market is expected to grow at a compound annual growth rate of 6.2% by 2030, reaching a value of US$ 1,700 million.

Surgical Navigation Systems is a dependable technology that has been developed to make surgeries safer and less invasive when compared to surgeries without Surgical Navigation Systems.

Navigation during surgery is a fantastic technology that is currently being used in medical devices. Surgical Navigation Systems have sped up technical procedures and paved the way for more complex procedures.

Surgical Navigation Systems target the anatomy to be operated on and guide implant placement in a safe manner to the specific anatomy of the human body. Surgical Navigation Systems serve as information hubs during operations.

A surgical navigation system is critical for accurate anatomy visualisation and surgery planning in a virtual environment. Surgical Navigation Systems help to reduce the risks of surgery.

Surgical Navigation System Market: Overview

Computer-aided surgery or computer-assisted intervention are other terms for Surgical Navigation System. The navigation system must perform anatomical imaging, which leads to image analysis.

The navigation system assists in diagnosis and surgery simulation based on the image generated. Due to the complexity of the procedures, the neurosurgery segment dominates the global surgical navigation system market.

The global surgical navigation system market was led by orthopaedic navigation systems, which were closely followed by ENT navigation systems.

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Surgical Navigation System Market: Key Players

Some of the key players in the global Surgical Navigation System are GE Healthcare Ltd., Medtronic Inc., Siemens Healthcare Corporation, Stryker Corporation, B.Braun Melsungen AG, Bausch & Lomb Incorporated, CAScination AG and Brainlab AG.

Manufacturers of global surgical navigation systems are involved in obtaining product approvals from the Food and Drug Administration (FDA) and other regulatory authorities in order to market their products.

Acquisitions and strategic collaborations are being encouraged by global surgical navigations system market participants in order to gain a competitive advantage, expand into emerging markets, and broaden the product portfolio.

Key Segments

By Technology:

  • Electromagnetic Navigation Systems
  • Hybrid Navigation Systems
  • Optical Navigation Systems
  • Fluoroscopy-based Navigation Systems
  • CT-based Navigation System
  • Others

By Application:

  • Neurosurgery
  • Orthopedic Surgery
  • ENT surgery
  • Cardiac surgery
  • Others

By End Use:

  • Hospitals and Physician Practices
  • Ambulatory Surgery