Image-guided surgery equipment & navigation-assisted surgical equipment market is expected to gain market growth in the forecast period of 2020 to 2027.
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Rising incidence of accidents and chronic diseases and technological advancement in image-guided surgery equipment & navigation-assisted surgical equipment are the major drivers which propelled the demand of the market in the forecast period. 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.
Europe 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 & 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 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 and minimally invasive revascularization surgery. In 2020, 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 image-guided surgery equipment & navigation-assisted surgical equipment market is segmented into minimally invasive and open surgery. In 2020, 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 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 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 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 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 market as a significant share of the image-guided surgery systems & navigation-assisted surgery systems available in the market are potable 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 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 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 market because most of the healthcare service providers buy the devices directly from manufacturers due to benefits associated with services.
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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 & distribution channel.
The countries covered in the image-guided surgery equipment & navigation-assisted surgical equipment market report are the Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey and Rest of Europe.
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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 report are Brainlab, GENERAL ELECTRIC COMPANY, PS-Medtech, Renishaw plc., Intuitive Surgical, Zimmer Biomet, Siemens Healthcare GmbH, Medtronic, Hitachi Healthcare Americas (A subsidiary of Hitachi Ltd.), Smiths Medical (A subsidiary of Smith Groups), Stryker, Integra LifeSciences Corporation, Smith & Nephew, Koniklijke Philips N.V., Johnson & Johnson Services, Inc. and IZI Medical Products, among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
