Growing Preference for Minimally Invasive Surgeries Draws Attention to Surgical Navigation Systems Market

Published Date : Jun 06, 2018

Albany, New York, June 6, 2018: announced the addition of a new research report to its ever-increasing repository. The research report, titled “Global Surgical Navigation Systems Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023”, is a careful study of the various factors defining the trajectory of the market. It highlights the factors that are likely to drive the market as well restrain it. It also sheds light on the threats present in the global surgical navigation systems market and the opportunities it could benefit from. Researchers have used primary and secondary research methodologies to offer an accurate and exact understanding of the overall market.

According to the research report, the global surgical navigation systems market is expected to surge at a steady pace in the coming years. The primary growth driver for the global market will be the rising incidences of minimally invasive surgeries. The high prevalence of cardiovascular diseases, ENT disorders, and neurological disorders are expected to improve the demand for surgical navigation systems in the near future. Consistent rise in the geriatric population is also projected have a positive impact on the overall market. Increasing expenditure on healthcare especially in the developing countries has been an important turning point for the global surgical navigation systems market.

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On the basis of application, the global surgical navigation systems market is segmented into spinal surgery, neurosurgery, orthopedic surgery, and ENT surgery amongst others. Out of these, the ENT segment is also projected to remain the dominant segment in the global market in the coming years. The growing number of ENT complications being reported in recent years are expected to keep this segment in the lead. The progress of this segment will also be aided by the technological advancements that are responsible for successful ENT surgical procedures.

From a geographic point of view, the global surgical navigation systems market is segmented into Europe, North America, Asia Pacific, the Middle East and Africa, and North America. Analysts predict that Asia Pacific is likely to show a robust growth in the coming years. The high prevalence of neurological disorders, growing ENT procedures, and increasing incidences of neurological disorders are expected to stoke the demand for minimally invasive surgeries, thereby driving the global market for surgical navigation systems market. The increasing expenditure on the healthcare sector by the developing economies of Asia Pacific is also predicted to boost the Asia Pacific surgical navigation systems market in the near future.

Some of the leading players operating in the global surgical navigation systems Fudan Digital Medical, Medtronic, Stryker, GE Healthcare, Anke, Brainlab, B. Braun, Karl Storz, Johnson & Johnson, Zimmer Biomet, XION, Fiagon, and Collin Medical. The research report provides a detailed understanding of the research and development activities being carried out by these players, their business and marketing strategies, and their expansion plans for the near future. The publication also uses a Porter’s five forces reports to determine the nature of the competitive landscape and the intensity of the competitive rivalry. The research report also includes comments and suggestions from market experts about the emerging trends in the overall market.

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