Surgical Navigation Systems Market Size 2021 Industry Share, Global Trend, In-Depth Players Analysis, Revenue, COVID-19 Impact and Recovery, Supply, Development Growth, Upcoming Demand, Regional Outlook till 2030

(Heraldkeepers via Comtex)

Report Ocean publicize new report on the surgical navigation systems market. The surgical navigation systems market report contains numerous information about factors, such as market restraints, drivers, and opportunities. In addition, the report provides an in-depth review of industry developments and trends in the market that are influencing the surgical navigation systems market growth. Additionally, the database analyzes and estimates the surgical navigation systems market both globally and regionally.

The size of the global surgical navigation systems market was US$ 941.1 million in 2021. The global surgical navigation systems market is forecast to reach US$ 1,761.8 million by 2030 by registering a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period from 2022 to 2030.

Request To Download Sample of This Strategic [email protected]

In surgical navigation, computer software is used to perform surgical procedures. Software including optical, hybrid, and electromagnetic navigation systems are used to carry out the surgeries safely and efficiently.

Factors Influencing

Due to increasing cases of orthopedic and neurology disorders, the demand for surgical navigation software and tools is forecast to increase during the study period. World Health Organization (WHO) estimates that around 900 million people will be suffering from disabling hearing loss by 2050.

Technological advancements and the benefits of the products would gain high popularity during the study period. In 2017, Medtronic PLC unveiled an efficient system named StealthStation. The system enhances flexibility and visualization during neurological surgeries.

Increasing healthcare expenditure is forecast to offer lucrative growth opportunities to the market players.

The growing geriatric population leads to the growth of orthopedic and neurology disorder cases. Thus, it would fuel the growth of the global surgical navigation systems market. United States Census Bureau estimates that in 2014, around 46.2 million population belonged to the age group of 65 and above. The numbers are forecast to reach 98 million or more by 2060. As a result, the demand for knee and hip replacement surgeries would increase significantly.

The high cost of navigation systems may hamper the growth of the global surgical navigation systems market.

Request To Download Sample of This Strategic [email protected]

Geographic Analysis

Regionally, North America holds the largest share in the global surgical navigation systems market, mainly due to the growing adoption of these devices for minimally invasive surgeries. Moreover, growing cases of surgical operations and government initiatives are forecast to benefit the regional market. Apart from that, the increasing geriatric population would offer ample growth opportunities to the market players.

Asia-Pacific is forecast to emerge as a growing region in the global surgical navigation systems market, mainly due to the increasing population base, growing cases of orthopedic disorders, and government initiatives for refining healthcare infrastructure.

COVID-19 Impact Analysis

The demand for surgical navigation systems suddenly declined, mainly due to the rapid spread of the COVID-19 infection worldwide. The cases of COVID-19 infection abruptly surged, which shifted the focus of the healthcare sector towards controlling the situation. Thus, the demand for surgical treatments decreased. Moreover, hospitals also postponed the surgeries in order to focus on saving the lives of COVID-19 affected patients. Thus, the market for surgical navigation systems witnessed a sudden decline in terms of revenue.

Competitors in the Market

Medtronic PLC

Amplitude Surgical

Brainlab AG

Zimmer Biomet Holdings

Fiagon GmbH

Scopis GmbH

Karl Storz GmbH & Co. Kg

B. Braun Melsungen AG

Stryker Corporation Inc

Siemens AG

Other prominent players

Get a Sample PDF copy of the [email protected]

Market Segmentation

Surgical Navigation Systems Market, by Application

Neurosurgery navigation systems

Orthopedic navigation systems

Orthopedic navigation systems, by referencing type




Orthopedic navigation systems, by procedure

Knee replacement

Hip replacement

ENT navigation systems

Spinal navigation systems

Dental navigation systems

Surgical Navigation Systems Market, by Technology


Electromagnetic (EM)


Surgical Navigation Systems Market, by Patient Care Setting


Physician Practices & Ambulatory Settings

Get a Sample PDF copy of the [email protected]

Surgical Navigation Systems Market, by Region

North America

The U.S.




Western Europe

The UK





Rest of Western Europe

Eastern Europe



Rest of Eastern Europe

Asia Pacific




Australia & New Zealand


Rest of Asia Pacific

Middle East & Africa (MEA)


Saudi Arabia

South Africa

Rest of MEA

South America



Rest of South America

Get a Sample PDF copy of the [email protected]

Key questions answered in the surgical navigation systems market report are:

How does a global company acquire markets?

What are its core strategies and policies?

What factors will influence the chemical market over the forecast period?

What are the factors driving and restraining the market for chemicals?

What are the leading competitors in the global market?

Which region is growing at a higher pace in the global market?

Access full Report Description, TOC, Table of Figure, Chart, etc:

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:

Report Ocean:

Email: [email protected]

Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES

Tel: +1 888 212 3539 (US - TOLL FREE)


Source - HeraldKeeper
Note: The Heraldkeeper News Department was not involved in the creation of this content.

If you have any problem with this press release? Contact the source provider, you can contact them here. comtex tracking