Image-guided surgery equipment & navigation-assisted surgical equipment market is expected to gain market growth in the forecast period of 2020 to 2027. Rising demand for minimally invasive surgical procedures and technological advancement in image-guided surgery equipment & navigation-assisted surgical equipment is the major driver which propelled the demand of the image-guided surgery equipment & navigation-assisted surgical equipment market in the forecast period.
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Image-guided surgery equipment & navigation-assisted surgical equipment are those devices which aids in performing minimally invasive surgical procedures in order to safeguard people from long term damage of chronic diseases. These devices plays significant role in saving patient’s life in cases of surgical requirements of heart issues, trauma and emergent cases among others. The image-guided surgery equipment & navigation-assisted surgical equipment are regulated by the regulatory bodies as they are equipped with AI technologies and comprised of various social and ethical issues. These devices provide technical assistance during surgical procedures and also a proper surgery could be done using these devices. The major goal of image-guided surgery equipment & navigation-assisted surgical equipment is to meet the growing demand for surgeries across the globe and to overcome the limitations due to the lack of skilled surgeons in developing countries to meet the demand for their ever-increasing population.
Global Image-Guided Surgery Equipment & Navigation-Assisted Surgical Equipment Market Scope and Market Size
Image-guided surgery equipment & navigation-assisted surgical equipment market is segmented on the basis of type, application, procedure type, work flow, usability, modality, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into systems, instruments & accessories, services and software. In 2020, systems segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market as they are the most crucial component for image guided surgeries and hence surgical centres need different kinds of navigational systems for accomplishing the procedures.
On the basis of application, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into neurology, otorhinolaryngology, cardiology, spine surgery, orthopedic trauma surgery, urology, oral-maxillofacial medicine and dentistry, oncology, gynaecology, thoracic surgery, abdominal surgery, ophthalmology, respiratory, minimally invasive revascularization surgery and other surgeries. In 2020, neurology segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market as the significant share of neurosurgeries is performed using image guided surgery equipment & navigation systems and very commonly used by brain surgeons during different stages of the surgery.
On the basis of procedure type, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into open surgery and minimally invasive. In 2020, the minimally invasive segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market as they have helped in reducing hospitals stay as well as hospitals acquired infections.
On the basis of work flow, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into surgical procedures, preoperative imaging and surgical planning. In 2020, the surgical procedures segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market due to the high requirement of the systems, instruments and software during the procedure as compared to preoperative imaging and surgical planning stages.
On the basis of usability, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into reusable and non-reusable. In 2020, the reusable segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market as most of the instruments & accessories used for image-guided surgeries & navigation-assisted surgeries are not required to be replaced after every surgery.
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On the basis of modality, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into portable, compact, standalone and handheld. In 2020, the portable segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market as the significant share of the image-guided surgery systems & navigation-assisted surgery systems available in the market are portable for easy transportation.
On the basis of end user, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into hospitals, ambulatory surgical centers, cardiac cath lab, clinics and others. In 2020, hospitals segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market because of the increased healthcare expenditure by hospitals on advanced medical devices with the increasing demand for minimally invasive surgeries and need for the reduction of costs associated with surgeries.
On the basis of distribution channel, the image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into direct tender and retail sales. In 2020, direct tender segment is dominating the image-guided surgery equipment & navigation-assisted surgical equipment market because most of the healthcare service providers buy the devices directly from manufacturers due to benefits associated with services.
Image-Guided Surgery Equipment & Navigation-Assisted Surgical Equipment Market Country Level Analysis
The image-guided surgery equipment & navigation-assisted surgical equipment market is analysed and market size information is provided by country, type, application, procedure type, work flow, usability, modality, end user and distribution channel.
The countries covered in the image-guided surgery equipment & navigation-assisted surgical equipment market report are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey and rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and rest of Asia-Pacific, Brazil, Argentina and rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and rest of Middle East and Africa.
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Competitive Landscape and Image-Guided Surgery Equipment & Navigation-Assisted Surgical Equipment Market Share Analysis
Image-guided surgery equipment & navigation-assisted surgical equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to image-guided surgery equipment & navigation-assisted surgical equipment market.
The major players covered in the image-guided surgery equipment & navigation-assisted surgical equipment market report are Brainlab, GENERAL ELECTRIC COMPANY, Medrobotics Corporation, Medion, Stereotaxis, Inc., Titan Medical Inc., PS-Medtech, Renishaw plc., Intuitive Surgical, Zimmer Biomet, Siemens Healthcare GmbH, Medtronic, Hitachi Healthcare Americas (A subsidiary of Hitachi, Ltd.), Integra LifeSciences Corporation, Smith & Nephew, Koniklijke Philips N.V., Smiths Medical (A subsidiary of Smiths Group plc), Stryker, 7D Surgical-Image Guided Surgery, Analogic Corporation, IZI Medical Products and Johnson & Johnson Services, Inc. among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
