Search

Surgical Navigation Systems Market

Surgical Navigation Systems Market Size by Application (Spinal Navigation Systems, Orthopedic Navigations Systems, Neurosurgery Navigation Systems, Cardiac Navigation Systems, Dental Navigation Systems, ENT Navigation Systems, & Others), Technology (Electromagnetic Navigation Systems, Optical Navigation Systems, Fluoroscopy Navigation Systems, CT Based Navigation Systems, Hybrid Navigation Systems, & Others), End User, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Base Year: 2021 Historical Data: 2019-20
  • Report ID: TBI-12744
  • Published Date: Apr, 2022
  • Pages: 236
  • Category: Healthcare
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

The global surgical navigation systems market is expected to reach USD 1.9 billion by 2030, at a CAGR of 6.8% from 2022 to 2030. Surgical navigation systems market growth would be driven by the increasing incidence of chronic diseases, ENT disorders & neurological disorders. The growing geriatric population will lead to an increase in orthopedic surgeries, contributing significantly to the growth of the global surgical navigation systems market.

Market Overview:

The manual use of medical devices, instruments, tools & procedures to operate pathological conditions such as cardiovascular diseases or accident/trauma injuries are defined as surgery. Surgeries are undertaken to repair injured or malfunctioning organs, improve the functions of organs systems, or enhance one's appearance. Cardiothoracic, ophthalmic, orthopedic, neurological & general surgeries are some of the standard surgical procedures performed all around the world. Open surgery is the most common practice performed by surgeons to perform any surgical procedure as it gives a full view of the structure & condition of organs. However, various risks like excessive bleeding, high probability of post-op infection, the longer recovery process, & extended hospital stays make open surgeries a last resort for many patients. Discomfort, pain, and scars left behind with open surgery incisions are some other factors that hinder the growth of surgical procedures. Surgical navigation systems can help avoid the significant risks & other concerns associated with open surgical procedures. Surgical navigation systems allow the surgeon to track the position of surgical instruments/tools with respect to organs with precision & accuracy. The GPS technology used for vehicular navigation is an ideal analogy for surgical navigation systems. Surgical navigation systems are minimally invasive and leave no large scars. The spatial navigation increases the surgeon's confidence, resulting in better surgical outcomes and faster recovery with shorter hospital stays. The surgical procedure is expedited with minimum complications as surgical navigation systems allow surgeons to prepare & plan the procedural steps in the pre-op stage. The accuracy, precision & faster healing process facilitate the treatment of target conditions. New technological advancements in surgical navigations systems will propel the market's growth in the forecast period with increasing applications in various surgical procedures.

Get an overview of this study by requesting a free sample

Market Dynamics:

Drivers:
  • Increase in incidence of chronic, ENT, orthopedic & cardiovascular diseases

An increase in hours spent in front of laptops and mobile screens combined with a sedentary lifestyle, no physical exercise & unhealthy diet has led to a rise in the number of individuals suffering from ENT, cardiovascular & other chronic diseases. The growing geriatric population has witnessed an increasing prevalence of arthritis. The minimally invasive nature of surgical navigation systems followed by faster healing processes has led to the rising adoption of surgical procedures to treat arthritis, cardiac & ENT diseases or conditions. The increasing prevalence of diseases and the increasing adoption of surgical navigation systems will drive the global market in the forecast period.

Restraints:
  • Surgical navigations systems are expensive

Extensive capital is utilized in the research and development of surgical navigation systems. Surgical navigation systems use the latest technologies to improve their application; such technologies are expensive, making surgical navigation systems a costly affair. The complex regulatory approvals and trials add to the costs of these systems. The high costs of surgical navigation systems will hamper the market's growth.

Opportunities:
  • Technological advancements

With the increase in demand for surgical navigation systems, major players have invested capital in researching and developing better systems. For example, the innovation of surgical navigation systems integrated with augmented reality to improve imaging & navigation during the procedure has contributed to the uptick in demand for surgical navigation systems in neurological surgical procedures which need precision. Other such advancements in surgical navigation systems will make the industry competitive and help it become more efficient, providing the necessary impetus to its growth and lucrative opportunities for the market players.

Challenges:
  • Regulatory guidelines

The innovations in surgical navigation systems or the trials that must be conducted to study and test the success of such innovations need to be approved by relevant authorities. These authorities maintain high standards of compliance and accountability as they need to safeguard the target audience's interests and save them from any ill effects and fraudulent claims. The scrutiny that the market players must go through is time-consuming. The timely launch of products and benefits associated with it are affected due to these regulations, leading to a drop in profits.

Segmentation Analysis:

The global surgical navigation systems market has been segmented based on application, technology, end-user, and regions.

  • The application segment is divided into spinal navigation systems, orthopedic navigations systems, neurosurgery navigation systems, cardiac navigation systems, dental navigation systems, ENT navigation systems, & others. The neurosurgery navigation systems segment dominated the market with a market share of around 22% in 2021. The increased incidence of neurological disorders & other diseases associated with the central nervous system, technological advancements in surgical navigation systems, and steps to improve accessibility for such treatments are likely to drive the market for neurosurgery navigation systems.
  • The technology segment is divided into electromagnetic navigation systems, optical navigation systems, fluoroscopy navigation systems, CT-based navigation systems, hybrid navigation systems, & others. Over the forecast period, the optical navigation systems segment is expected to grow at the fastest CAGR of 7.5%. Optical navigation systems provide excellent clarity & accuracy while performing complex surgical procedures. Optical navigation systems facilitate reduced radiation exposure and are not influenced by metals or electromagnetic fields in their vicinity, unlike electromagnetic navigation systems. Such benefits are responsible for the growing popularity of optical navigation systems.
  • The end-user segment is divided into hospitals, clinics, physician practices & ambulatory settings, & others. In 2021, the hospitals' segment dominated the market, accounting for around 53% of global revenue. With the pandemic exposing the poor state of healthcare infrastructure, governments of countries worldwide are focused on increasing capital spending to boost healthcare infrastructure and its holistic development. Increased investments will help develop the infrastructure for surgical floors, which will keep the hospitals' segment dominating the global surgical navigation market.
Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest market for the global surgical navigation systems market, with a 37.6% share of the market revenue in 2021.

  • North America currently dominates the surgical navigation systems market due to the increased incidence of chronic disorders and the government's renewed focus on providing the necessary treatments to the patients. At the same time, Asia-Pacific is expected to rise in the forecast period due to increased government expenditure on healthcare infrastructure and the rising geriatric population.

North America Region Surgical Navigation Systems Market Share in 2021 - 37.6%

 

www.thebrainyinsights.com

Check the geographical analysis of this market by requesting a free sample

Competitive Analysis:

The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global surgical navigation systems industry.

Medtronic Canada Ltd, a subsidiary of Medtronic PLC, launched StealthStation S8. StealthStation S8 is a surgical navigation system that finds application in ENT, neurosurgery & spinal surgical procedures. With an increasing demand for ENT and neurosurgery, the launch of StealthStation S8 will help Medtronic to capture market share and increase its global footprint.

List of Key Market Players:

  • Medtronic PLC
  • Brainlab AG
  • Siemens Healthineers
  • Stryker Corporation
  • Amplitude Surgical AG
  • Zimmer Biomet Holdings
  • B. Braun Melsungen AG
  • Scopis GmbH
  • Fiagon AG Medical Technologies
  • Karl Storz SE & Co. KG

Key Target Audience

  • Hospitals/Healthcare Providers
  • Medical Device Manufacturers
  • Market Players
  • Investors
  • End-users
  • Government Authorities
  • Consulting and Research Firm
  • Venture Capitalists
  • Third-party Knowledge Providers

Report Description:

  • Global surgical navigation systems Market, Industry Analysis, Trends, Analysis and Forecast, 2022 to 2030 is a forthcoming/imminent research report which is to be published by The Brainy Insights.
  • 2021 is considered as the base year of the report. 2019 and 2020 are considered as the historic years and 2022 to 2030 are the forecast years. The global surgical navigation systems market is based on revenue (USD Billion). The report incorporates the market study based on revenue. The study covers the market share revenue/market share/volume for each of the segments, regions, and countries catering to the global surgical navigation systems market. The regions analyzed for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
  • The report encompasses with the relative data & information, which have been validated by the leading industry professionals and experts across the globe. The research report also delivers an outline of the attractiveness of surgical navigation systems based on application, technology, end-user and regions which are deduced and formulated based on their growth rate (CAGR), market size, and attractiveness by analyzing the present and prospects to fathom market growth and development in future.
  • The report illustrates the detailed (both quantitative and qualitative) analysis of historical data, revenues, key developments, along with the crucial strategies adopted by key organizations catering to the global surgical navigation systems market. This offers vital and in-depth insights to depict the overall market scenario.
  • The report offers the detailed study for the company profiles of key organizations operating in the global surgical navigation systems market and a comparative assessment based on their product offering, business overviews, geographic presence, business strategies, segment market share, product development & innovations, recent developments, joint venture, partnerships, mergers & acquisitions, strategic alliances, SWOT analysis, and key financial information. This helps in evaluating the overall competition present in the market scenario.
  • The report provides an elaborative assessment of the porter's five forces analysis coupled with SWOT analysis to provide business related data and informations. Porter's five forces model is analyzed to understand the overall competitive scenario that is prevailing in the market. Additionally, the SWOT analysis identifies both the positive and negative attributes of the market development which influences the company's growth and development to sustain and survive in the long run.
  • Along with that, the report also focuses on the market related driving factors, growth limitations (restraints), potential industry opportunities, significant trends and development which act as a key potential for the investors.
  • Potential growth prospects along with the penetration rate analysis of the product (market related, i.e., global surgical navigation systems market) are covered to comprehend the adoption rate and evaluate the market size. 

Frequesntly Asked Questions

As per The Brainy Insights, the size of the surgical navigation systems market was valued at USD 1.1 billion in 2021 to USD 1.9 billion by 2030.

Global surgical navigation systems market is growing at a CAGR of 6.8% during the forecast period 2022-2030.

The global surgical navigation systems market has been segmented based on application, technology, end user and regions. The neurosurgery navigation systems segment led the market in 2021. The hospitals segment led the market in 2021.

North America region emerged as the largest market for the surgical navigation systems.

The market's growth will be influenced by the increase in incidence of chronic, ENT, orthopaedic & cardiovascular diseases.

Expensive nature of surgical navigation systems could hamper the market growth.

Technological advancements in surgical navigation systems will provide huge opportunities to the market.

Key players are Medtronic PLC, Brainlab AG, Siemens Healthineers, Stryker Corporation, Amplitude Surgical AG, Zimmer Biomet Holdings, B. Braun Melsungen AG, Scopis GmbH, Fiagon AG Medical Technologies and Karl Storz SE & Co. KG.

Get Your Report Customized

  • Further segmentation of the market on the basis of type, application, end use, product, technology, method, process and any other segment depending on the market
  • Segmentation on the basis of any specific country or region
  • Any segment can be classified on the basis of application
  • Application segment can be further divided on the basis of companies
  • The companies profiled are not limited, we can incorporate additional companies of your choice
  • We can split the company market share on the basis of product, application and region
  • Report can be prepared for any specific country/region/segment
  • Customers can be added on the basis of regions and countries
Request for Customization

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Application
          4.3.2. Market Attractiveness Analysis by Technology
          4.3.3. Market Attractiveness Analysis by End User
          4.3.4. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increase in incidence of chronic, ENT, orthopaedic & cardiovascular diseases
    5.3. Restraints
          5.3.1. Surgical navigation systems are expensive
    5.4. Opportunities
          5.4.1. Technological advancements
    5.5. Challenges
          5.5.1. Regulatory guidelines

6. Global Surgical Navigation Systems Market Analysis and Forecast, By Application
    6.1. Segment Overview
    6.2. Spinal Navigation Systems
    6.3. Orthopaedic Navigations Systems
    6.4. Neurosurgery Navigation Systems
    6.5. Cardiac Navigation Systems
    6.6. Dental Navigation Systems
    6.7. ENT Navigation Systems
    6.8. Others

7. Global Surgical Navigation Systems Market Analysis and Forecast, By Technology
    7.1. Segment Overview
    7.2. Electromagnetic Navigation Systems
    7.3. Optical Navigation Systems
    7.4. Fluoroscopy Navigation Systems
    7.5. CT Based Navigation Systems
    7.6. Hybrid Navigation Systems
    7.7. Others

8. Global Surgical Navigation Systems Market Analysis and Forecast, By End User
    8.1. Segment Overview
    8.2. Hospitals
    8.3. Clinics
    8.4. Physician Practices & Ambulatory Settings
    8.5. Others

9. Global Surgical Navigation Systems Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa

10. Global Surgical Navigation Systems Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Surgical Navigation Systems Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. Medtronic PLC
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Brainlab AG
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Siemens Healthineers
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Stryker Corporation
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Amplitude Surgical AG
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Zimmer Biomet Holdings
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. B. Braun Melsungen AG
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Scopis GmbH
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Fiagon AG Medical Technologies
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Karl Storz SE & Co. KG
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis

List of Table

1. Global Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

2. Global Spinal Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

3. Global Orthopaedic Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

4. Global Neurosurgery Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

5. Global Cardiac Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

6. Global Dental Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

7. Global ENT Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

8. Global Others Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

9. Global Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

10. Global Electromagnetic Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

11. Global Optical Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

12. Global Fluoroscopy Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

13. Global CT Based Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

14. Global Hybrid Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

15. Global Others Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

16. Global Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

17. Global Hospitals Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

18. Global Clinics Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

19. Global Physician Practices & Ambulatory Settings Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

20. Global Others Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

21. Global Surgical Navigation Systems Market, By Region, 2019-2030 (USD Billion) 

22. North America Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

23. North America Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

24. North America Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

25. U.S. Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

26. U.S. Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

27. U.S. Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

28. Canada Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

29. Canada Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

30. Canada Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

31. Mexico Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

32. Mexico Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

33. Mexico Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

34. Europe Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

35. Europe Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

36. Europe Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

37. Germany Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

38. Germany Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

39. Germany Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

40. France Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

41. France Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

42. France Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

43. U.K. Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

44. U.K. Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

45. U.K. Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

46. Italy Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

47. Italy Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

48. Italy Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

49. Spain Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

50. Spain Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

51. Spain Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

52. Asia Pacific Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

53. Asia Pacific Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

54. Asia Pacific Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

55. Japan Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

56. Japan Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

57. Japan Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

58. China Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

59. China Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

60. China Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

61. India Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

62. India Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

63. India Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

64. South America Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

65. South America Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

66. South America Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

67. Brazil Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

68. Brazil Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

69. Brazil Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

70. Middle East and Africa Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

71. Middle East and Africa Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

72. Middle East and Africa Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

73. UAE Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

74. UAE Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

75. UAE Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

76. South Africa Surgical Navigation Systems Market, By Application, 2019-2030 (USD Billion) 

77. South Africa Surgical Navigation Systems Market, By Technology, 2019-2030 (USD Billion) 

78. South Africa Surgical Navigation Systems Market, By End User, 2019-2030 (USD Billion) 

List of Figures 

1. Global Surgical Navigation Systems Market Segmentation

2. Surgical Navigation Systems Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Surgical Navigation Systems Market Attractiveness Analysis by Application

9. Global Surgical Navigation Systems Market Attractiveness Analysis by Technology

10. Global Surgical Navigation Systems Market Attractiveness Analysis by End User

11. Global Surgical Navigation Systems Market Attractiveness Analysis by Region

12. Global Surgical Navigation Systems Market: Dynamics

13. Global Surgical Navigation Systems Market Share by Application (2022 & 2030)

14. Global Surgical Navigation Systems Market Share by Technology (2022 & 2030)

15. Global Surgical Navigation Systems Market Share by End User (2022 & 2030)

16. Global Surgical Navigation Systems Market Share by Regions (2022 & 2030)

17. Global Surgical Navigation Systems Market Share by Company (2021)

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global surgical navigation systems market based on below mentioned segments:

Global Surgical Navigation Systems Market by Application:

  • Spinal Navigation Systems
  • Orthopedic Navigations Systems
  • Neurosurgery Navigation Systems
  • Cardiac Navigation Systems
  • Dental Navigation Systems
  • ENT Navigation Systems
  • Others

Global Surgical Navigation Systems Market by Technology:

  • Electromagnetic Navigation Systems
  • Optical Navigation Systems
  • Fluoroscopy Navigation Systems
  • CT Based Navigation Systems
  • Hybrid Navigation Systems
  • Others

Global Surgical Navigation Systems Market by End User:

  • Hospitals
  • Clinics
  • Physician Practices & Ambulatory Settings
  • Others

Global Surgical Navigation Systems Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Ask for customization Request Sample Speak to analyst Inquire before buying

Flexible Purchase Options

  • Chapters of your choice
  • Quantitative Information for Historical & Forecasted Data
  • Regional/Country Level Reports
Request for Special Pricing

Get in touch with us

+1-315-215-1633

sales@thebrainyinsights.com

Our Clients

Why choose us

ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems

Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system

Global Outreach6 Major regions and 40+ countries level analysis accomplished

Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date