Image-guided surgery equipment & navigation-assisted surgical equipment market is expected to gain market growth in the forecast period of 2020 to 2027. Rising incidence of chronic diseases across the world is the major drivers which propelled the demand of the 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 comprises of various social and ethical issues.
Asia-Pacific Image-Guided Surgery Equipment & Navigation-Assisted Surgical Equipment Market Scope and Market Size
Image-guided surgery equipment & navigation-assisted surgical equipment market is categorized into eight notable segments which are based 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. Systems segment is dominating the market as they are the most crucial component for image guided surgeries and hence surgical centers 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. Neurology segment is dominating the market as a 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 global image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into open surgery and minimally invasive. The minimally invasive segment is dominating the market as they have helped in reducing hospital stay as well as hospital acquired infections.
- On the basis of work flow, the global image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into surgical procedures, preoperative imaging and surgical planning. The surgical procedures segment is dominating the 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. The reusable segment is dominating the market as most of the instruments & accessories used for image-guided surgeries & navigation-assisted surgeries are not required to be replaced after every surgery.
- On the basis of modality, the global image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into portable, compact, standalone and handheld. The portable segment is dominating the market as a significant share of the image-guided surgery systems & navigation-assisted surgery systems available in the market are potable for easy transportation. As several navigation systems can be used for multiple types of surgeries, they are often required to be moved around different operating rooms. Portable systems make it easier for end users as a different system is not required for every operating room.
- On the basis of end user, the global image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into hospitals, ambulatory surgical centers, cardiac cath lab, clinics and others. Hospitals segment is dominating the market because of the rising healthcare expenditure by hospitals on technologically advanced medical devices with the increasing demand for minimally invasive surgeries.
- On the basis of distribution channel, the global image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into direct tender and retail sales. direct tender segment is dominating the market because most of the healthcare service providers buy the devices directly from manufacturers due to benefits associated with services. Moreover, revenue from direct sales is higher for manufacturers and hence it is growing in the market.
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Asia-Pacific 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 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 Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and rest of Asia-Pacific.
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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 Asia-Pacific image-guided surgery equipment & navigation-assisted surgical equipment market report are Brainlab, GENERAL ELECTRIC COMPANY, Medion, Sterotaxis, Inc., Renishaw plc., Intuitive Surgical, Zimmer Biomet, Siemens Healthcare GmbH, Medtronic, Hitachi Healthcare Americas (A subsidiary of Hitachi Ltd.), Integra LifeSciences Corporation, Smith & Nephew, Koninklijke Philips N.V., Smiths Medical (A subsidiary of Smith Groups), Stryker, Analogic Corporation and Johnson & Johnson Services, Inc., among other domestic and Asia-Pacific players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
