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Surgical Navigation Systems Market Share

Report ID: GMI5908
Published Date: Oct 2024
Report Format: PDF

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Surgical Navigation Systems Market Share

Several market players are making significant strides in the market. Major companies like Medtronic, Stryker, and Brainlab are continually innovating their product portfolios to incorporate the latest technologies, such as AI, robotics, and AR. Recent collaborations and acquisitions are also strengthening the market presence of these companies, helping them expand their reach and offer more comprehensive solutions to healthcare providers.

Surgical Navigation Systems Market Companies

Prominent players operating in the surgical navigation systems industry include:

Amplitude Surgical
B. Braun Melsungen AG
Brainlab AG
Corin Group
DePuy Synthesis (J&J)
Fiagon AG
Koninklijke Philips N.V.
Medtronic PLC
Siemens Healthineers AG
Smith & Nephew plc
Stryker Corporation
Zimmer Biomet Holdings, Inc.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The industry was valued at USD 1.2 billion in 2023 and is expected to grow at a 6.7% CAGR from 2024 to 2032, driven by the rising demand for precision in surgeries and the increasing prevalence of complex medical conditions requiring advanced technologies.

The optical technology segment generated the highest revenue, amounting to USD 864.3 million in 2023, due to its ability to offer highly accurate and non-invasive tracking.

Optical technology holds a significant share because it uses cameras to track the movement of surgical instruments in real-time, providing surgeons with precise feedback on their position within the body.

The North America market recorded USD 586.3 million in revenue in 2023 and is anticipated to grow at a 5.9% CAGR between 2024 and 2032, driven by the high prevalence of chronic diseases requiring surgical intervention and the region's advanced healthcare infrastructure.

Key players include Amplitude Surgical, B. Braun Melsungen AG, Brainlab AG, Corin Group, DePuy Synthesis (J&J), Fiagon AG, Koninklijke Philips N.V., and Medtronic PLC.