Global Electromagnetic Surgical Navigation System Industry valued approximately USD 708.88 million in 2017 is anticipated to grow with a healthy growth rate of more than 7.00% over the forecast period 2019-2025. The Electromagnetic Surgical Navigation System Industry is continuously growing in the global scenario at significant pace. Electromagnetic Surgical Navigation System is a kind of surgical navigation system, which can offer the patient preoperative or intraoperative image data and the operative bed patient’s anatomical structure corresponding accurate, operation tracking of surgical instruments and the position of the surgical instrument in the patient image in real-time updates on the form of the virtual probe display, make the doctor of surgical instruments relative to patient anatomy structure at a glance, make surgery more rapid, more accurate and safer. Rising adoption of minimally invasive surgical procedures, increase in orthopedic & neurology disorder prevalence, high prevalence in ENT disorders and constant technological advancements & novel product launches are the substantial driving factors of the Industry during the forecast period. Moreover, acceptance of surgical navigation system in ambulatory settings is the major factors that likely to create numerous opportunity in the near future. However, high cost associated with the surgical navigation system and product recalls are the factors that limiting the growth of the Industry during the forecast period.
The regional analysis of Global Electromagnetic Surgical Navigation System Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share due to increasing prevalence of orthopedic disorders and increasing ageing population in the region. Europe is estimated to grow at stable growth rate in the global Electromagnetic Surgical Navigation System Industry over the upcoming years. Further, Asia-Pacific is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to increasing target population base and rising healthcare infrastructure in the region.
Electromagnetic Surgical Navigation System Industry Share and Size by 2019-2025
Electromagnetic Surgical Navigation System Market Segmentation:
Orthopedic Navigation System
ENT Navigation System
Spinal Navigation System
Neurosurgery Navigation System
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Electromagnetic Surgical Navigation System Market are as follows: