Market Overview:
The global intraoperative navigation market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and technological advancements in intraoperative navigation systems. Based on type, the global intraoperative navigation market is segmented into optical, electromagnetic, and other types. The optical segment is expected to account for the largest share of the global intraoperative navigation market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030 due to its advantages such as high accuracy and precision, portability, and low cost as compared with other types of navigations systems available in the market. Based on application, the global intraoperative navigation market is divided into neurosurgery surgery, spinal surgery, orthopedic surgery ENT surgery,, and others applications segments In terms of revenue share contribution,, neurosurgery surgery accounted for majority share (36%) followed by spinal surgeries (27%), ENT surgeries (15%), orthopedic surgeries (12%), and others applications segments(10%).
Product Definition:
Intraoperative navigation is the use of technology to guide a surgeon during an operation. This technology can include cameras, sensors, and software that help the surgeon see and track the location of surgical instruments and tissues. Intraoperative navigation can be used for many types of surgeries, including brain surgery, spinal surgery, and cancer surgery.
Optical:
Intraoperative navigation is the process of locating a specific body part during surgery by using light. It uses various types of lights to assist the medical expert in performing surgeries. The most commonly used tool is called optical fiber which helps in providing high bandwidth and long length for intraoperative imaging and telemedicine applications.
Electromagnetic:
Electromagnetic is the energy produced by electric charges and their associated magnetic fields. Electromagnetic waves are used for diagnostic purposes during surgical procedures. Intraoperative navigation uses electromagnetic radiation to provide real-time image guidance to surgeons during medical procedures such as cardiac surgeries, neurosurgeries, and abdominal laparoscopies through the use of implants in patients’ bodies.
Application Insights:
The others segment dominated the global intraoperative navigation market in 2017 and is expected to grow at a significant rate over the forecast period. This growth can be attributed to growing demand for minimally invasive surgeries across various specialties such as urologic surgery, gynecology, general surgery, plastic & reconstructive surgeries among others. Minimally invasive surgeries involve complex surgical procedures with small incisions that are made during an operation. These types of operations help avoid any major damage or trauma caused by a large incision and reduce recovery time which makes it ideal for several medical conditions.
According to the American Society of Plastic Surgeons (ASPS), minimally-invasive procedures accounted for approximately 9 out of 10 cosmetic procedures performed in U.S., with around 1 million minimally-invasive cosmetic procedures being performed annually since 2013.
Regional Analysis:
Geographically, the market is segmented into North America, Europe, Asia Pacific and Middle East & Africa. North America dominated the overall market in 2017 owing to factors such as favorable government initiatives and increasing R&D investments by companies. Moreover, growing demand for minimally invasive surgeries due to various medical conditions is also expected to drive regional growth over the forecast period.
Asia Pacific intraoperative navigation devices market is anticipated to grow at a lucrative rate over the forecast period owing to increasing healthcare expenditure by governments and private sectors in developing economies like India and China. In addition, rising awareness about advanced surgical procedures among patients will fuel growth during this period. Furthermore intraoperative navigational systems are relatively cheaper than conventional imaging systems which makes it cost-effective for middle-income countries with high volume procedures (MCPs).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The Intraoperative Navigation market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because the use of Intraoperative Navigation systems helps surgeons to perform complex procedures with greater accuracy and precision.
- Growing number of surgical procedures: The number of surgical procedures being performed across the globe is growing at a rapid pace, which in turn is propelling the growth of the Intraoperative Navigation market.
- Rising prevalence of cancer: The incidence of cancer is on the rise globally, which in turn is fueling demand for Intraoperative Navigation systems as they help surgeons to accurately detect and remove tumors during surgery.
- Technological advancements: Rapid advancements in technology are helping manufacturers to develop innovative and advanced Intraoperative Navigation systems, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intraoperative Navigation Market Research Report
By Type
Optical, Electromagnetic, Other
By Application
Neurosurgery Surgery, Spinal Surgery, Orthopedic Surgery, ENT Surgery, Others
By Companies
Medtronic, Brainlab, GE Healthcare, Stryker, B. Braun, Karl Storz, Zimmer Biomet, Fiagon, XION, Collin Medical, Anke, Fudan Digital Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Intraoperative Navigation Market Report Segments:
The global Intraoperative Navigation market is segmented on the basis of:
Types
Optical, Electromagnetic, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Neurosurgery Surgery, Spinal Surgery, Orthopedic Surgery, ENT Surgery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Brainlab
- GE Healthcare
- Stryker
- B. Braun
- Karl Storz
- Zimmer Biomet
- Fiagon
- XION
- Collin Medical
- Anke
- Fudan Digital Medical
Highlights of The Intraoperative Navigation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Optical
- Electromagnetic
- Other
- By Application:
- Neurosurgery Surgery
- Spinal Surgery
- Orthopedic Surgery
- ENT Surgery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intraoperative Navigation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intraoperative navigation is the use of technology during surgery to help surgeons find and navigate around anatomical structures. This can be done using a variety of methods, including mapping systems, lasers, and GPS devices. Intraoperative navigation can help surgeons avoid potential complications while performing surgery, as well as improve patient outcomes.
Some of the major companies in the intraoperative navigation market are Medtronic, Brainlab, GE Healthcare, Stryker, B. Braun, Karl Storz, Zimmer Biomet, Fiagon, XION, Collin Medical, Anke, Fudan Digital Medical.
The intraoperative navigation market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intraoperative Navigation Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Intraoperative Navigation Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Intraoperative Navigation Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Intraoperative Navigation Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Intraoperative Navigation Market Size & Forecast, 2018-2028 4.5.1 Intraoperative Navigation Market Size and Y-o-Y Growth 4.5.2 Intraoperative Navigation Market Absolute $ Opportunity
Chapter 5 Global Intraoperative Navigation Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Intraoperative Navigation Market Size Forecast by Type
5.2.1 Optical
5.2.2 Electromagnetic
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intraoperative Navigation Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Intraoperative Navigation Market Size Forecast by Applications
6.2.1 Neurosurgery Surgery
6.2.2 Spinal Surgery
6.2.3 Orthopedic Surgery
6.2.4 ENT Surgery
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intraoperative Navigation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intraoperative Navigation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Intraoperative Navigation Analysis and Forecast
9.1 Introduction
9.2 North America Intraoperative Navigation Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Intraoperative Navigation Market Size Forecast by Type
9.6.1 Optical
9.6.2 Electromagnetic
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Intraoperative Navigation Market Size Forecast by Applications
9.10.1 Neurosurgery Surgery
9.10.2 Spinal Surgery
9.10.3 Orthopedic Surgery
9.10.4 ENT Surgery
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Intraoperative Navigation Analysis and Forecast
10.1 Introduction
10.2 Europe Intraoperative Navigation Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Intraoperative Navigation Market Size Forecast by Type
10.6.1 Optical
10.6.2 Electromagnetic
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Intraoperative Navigation Market Size Forecast by Applications
10.10.1 Neurosurgery Surgery
10.10.2 Spinal Surgery
10.10.3 Orthopedic Surgery
10.10.4 ENT Surgery
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Intraoperative Navigation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intraoperative Navigation Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Intraoperative Navigation Market Size Forecast by Type
11.6.1 Optical
11.6.2 Electromagnetic
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Intraoperative Navigation Market Size Forecast by Applications
11.10.1 Neurosurgery Surgery
11.10.2 Spinal Surgery
11.10.3 Orthopedic Surgery
11.10.4 ENT Surgery
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Intraoperative Navigation Analysis and Forecast
12.1 Introduction
12.2 Latin America Intraoperative Navigation Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Intraoperative Navigation Market Size Forecast by Type
12.6.1 Optical
12.6.2 Electromagnetic
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Intraoperative Navigation Market Size Forecast by Applications
12.10.1 Neurosurgery Surgery
12.10.2 Spinal Surgery
12.10.3 Orthopedic Surgery
12.10.4 ENT Surgery
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Intraoperative Navigation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intraoperative Navigation Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Intraoperative Navigation Market Size Forecast by Type
13.6.1 Optical
13.6.2 Electromagnetic
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Intraoperative Navigation Market Size Forecast by Applications
13.10.1 Neurosurgery Surgery
13.10.2 Spinal Surgery
13.10.3 Orthopedic Surgery
13.10.4 ENT Surgery
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intraoperative Navigation Market: Competitive Dashboard
14.2 Global Intraoperative Navigation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Brainlab
14.3.3 GE Healthcare
14.3.4 Stryker
14.3.5 B. Braun
14.3.6 Karl Storz
14.3.7 Zimmer Biomet
14.3.8 Fiagon
14.3.9 XION
14.3.10 Collin Medical
14.3.11 Anke
14.3.12 Fudan Digital Medical