Surgical Navigation Systems Market Expected to Reach $789 Million by 2020
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<strong>Surgical</strong> <strong>Navigation</strong> <strong>Systems</strong> <strong>Market</strong> <strong>Expected</strong> <strong>to</strong> <strong>Reach</strong> <strong>$789</strong><br />
<strong>Million</strong> <strong>by</strong> <strong>2020</strong><br />
Global <strong>Surgical</strong> <strong>Navigation</strong> <strong>Systems</strong> <strong>Market</strong> <strong>Expected</strong> <strong>to</strong> <strong>Reach</strong> <strong>$789</strong> <strong>Million</strong> <strong>by</strong> <strong>2020</strong> growing<br />
at a CAGR of 6.3% from 2016 <strong>to</strong> <strong>2020</strong>. Optical navigation systems segment is expected <strong>to</strong><br />
grow at the highest growth rate during the forecast period, owing <strong>to</strong> benefits such as<br />
minimum radiation exposure and preciseness & accuracy during complex surgeries.<br />
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-forecast-<strong>2020</strong>/<br />
The major fac<strong>to</strong>rs that drive the growth of this market include rise in adoption of minimal<br />
invasive surgeries, improvement in healthcare infrastructure in emerging economies,<br />
numerous technological advancements, increase in incidence of ENT and<br />
neurosurgery-related disorders, and growth in knee replacement surgeries globally. However,<br />
high cost of these systems and stringent FDA rules are the major barriers that restrain the<br />
market growth.<br />
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……………………ENT navigation system segment is anticipated <strong>to</strong> grow at the highest CAGR,<br />
attributed <strong>to</strong> the increase in prevalence of ENT-related disorders and rise in adoption of<br />
surgical navigation systems among ambula<strong>to</strong>ry settings. Neurosurgery navigation system<br />
held the largest market share in 2015, accounting for more than two-fifths share, owing <strong>to</strong><br />
high adoption rate of navigation systems in neurosurgical procedures.<br />
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-2017/<br />
http://www.gosreports.com/north-american-surgical-microscope-navigation-market-resear<br />
ch-report-2017-2021/<br />
North America accounted for the largest market share in 2015, that is, nearly half of the<br />
global surgical navigation systems market, due <strong>to</strong> presence of a well-established healthcare<br />
system, higher adoption of healthcare information technologies, and increase in the number<br />
of neurological & orthopedic disorders. Asia-Pacific possesses maximum growth potential as<br />
key players focus on emerging economies and improving healthcare infrastructure in this<br />
region.<br />
The report provides a comprehensive analysis of key players operating in this market such as<br />
Medtronic plc (Ireland), Stryker Corporation (U.S.), Brainlab AG (Germany), B. Braun<br />
Melsungen AG (Germany), Scopis GmbH (Germany), Fiagon AG (Germany), Karl S<strong>to</strong>rz GmbH<br />
& Co. KG (Germany), Amplitude <strong>Surgical</strong> (France), Zimmer Biomet Holdings, Inc. (U.S.), and<br />
Siemens Healthineers (Germany).<br />
Joanna | Executive – International Business and partner Relations<br />
E-mail: info@gosreports.com | Tel: 510-400-8520<br />
Web: www.gosreports.com<br />
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Joanna | Executive - International Business and partner Relations<br />
E-mail: info@gosreports.com<br />
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