Surgical Navigation Systems Market is Expected to Experience a Swift Development by 2025
Seattle, WA -- (SBWIRE) -- 12/10/2019 -- Surgical navigation systems are an important part of computer-assisted surgery (CAS) that include the concept of supporting surgical procedure base on digital imaging technology that offers the opportunity to the surgeon for pre-planning and accurate navigation of surgical instrument during a surgical procedure. They are widely adopted in assisting ENT, neurosurgery, visceral radio-surgery, orthopedic surgery, maxillofacial surgery as well as implant dentistry. Moreover, surgical navigation systems offer surgeon quick information for determining the current status of the surgery and where needs to make an incision and perform surgery.
The rising number of surgical procedures, the presence of well-established health care and rapid adoption of surgical navigation in the region are the prime factor fueling the market growth of the surgical navigation system. Moreover, increasing expenditure on the healthcare system for providing improved and better healthcare facilities is further expected to foster regional market growth. The United States spends more on health care than any other country in the world, and a large share of that spending comes from the federal government. For instance, in 2017, the United States spent about $3.5 trillion, or 18 percent of GDP, on health expenditures – more than twice the average among developed countries.
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Furthermore, increasing approval of such advanced devices in the region is further expected to augment the regional market growth of surgical navigation systems. For instance, in April 2019, Elucent Medical, a firm based in Eden Prairie, MN, got FDA clearance for its EnVisio navigation system that involves placing of a wireless SmartClip implantable marker within the breast that determine the exact location of the tissue is removed.
- In September 2017, Medtronic plc announced the launch of the StealthStation ENT, a new surgical navigation system intended for surgeons treating conditions within the ear, nose, and throat (ENT) anatomy. The company has received U.S. Food and Drug Administration 510k clearance and CE (Conformité Européenne) Mark for the system.
- In July 2019, NuVasive, Inc. the leader in spine technology innovation, announced the launch of the Pulse™ integrated technology platform. Pulse is the first, single platform to include multiple technologies designed to help surgeons adopt more efficient, less disruptive surgical approaches in all spine procedures.
- In April 2018, Acclarent, Inc, part of the Johnson & Johnson Medical Devices Companies* that manufacture minimally-invasive Ear, Nose, & Throat (ENT) technologies, announced the US commercial launch of TruDi, a real-time, three-dimensional (3D) navigation system for ENT procedures performed in the operating room and surgeon's office.
In this report, the United States Surgical Navigation Systems market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025.
Geographically, this report splits the United States market into seven regions:
- The West
- The Middle Atlantic
- New England
- The South
- The Midwest
with sales (volume), revenue (value), market share and growth rate of Surgical Navigation Systems in these regions, from 2014 to 2025 (forecast).
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United States Surgical Navigation Systems market competition by top manufacturers/players, with Surgical Navigation Systems sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
- GE Healthcare
- Siemens Healthcare
- Zimmer Biomet
- Pathfinder Technologies
- Philips Healthcare
- St. Jude Medical
- DePuy Synthes
- Shenzhen Anke High-tech
- Shanghai Fudan Digital Medical Technology
- B. Braun
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Nuclear Magnetic Resonance Technology
- CT Technology
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Surgical Navigation Systems for each application, including
- Cosmetic Surgery
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