The report forecasts the surgical navigation systems market in the US to grow at a CAGR of 5.84% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the surgical navigation systems market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of surgical navigation systems by application such as neurosurgical navigation systems, spine surgical navigation systems, orthopedic surgical navigation systems, and ENT surgical navigation systems.
The latest trend gaining momentum in the market is growing collaborations with other medical equipment manufacturers. In the current market, with the advancement of technologies, innovative products are being launched by different vendors globally. Surgical navigation system, being a supportive system, comprises of various components including imaging systems like 3D/4D ultrasound, CT, MRI or fluoroscopy, tracking technologies like the cameras or the electromagnetic system, monitor for navigation imaging, access to preoperative examinations as well as storage spaces to keep surgical or other consumables during surgery.
According to the report, one of the major drivers for this market is expansion of outpatient settings. Computer-assisted surgery is proved to be less risky and precise, thereby improving patient's quality of life globally. The procedures performed by surgical navigation systems reduce the risk of hospital-acquired infections and hospital stay, cause minimal blood loss, scarring, and less pain, thus leading to quick recovery and a better clinical outcome. Many surgeons started practicing surgeries using surgical navigation systems in an outpatient setting, especially for spinal, ENT and orthopedic disorders.
Further, the report states that one of the major factors hindering the growth of this market is high cost of surgical navigation systems. Surgical navigation systems used in orthopedic, spinal, and cranial surgery are expensive as the technology is still in its developmental stage. This equipment is classified as capital equipment that requires budget allocation and high maintenance. Also, the procurement of these systems involves many procedures and various budget allocation considerations before making the buying decision. Equipment maintenance is another factor that adds to the financial burden of end-users.
- B. Braun Melsungen
- GE Healthcare
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Market segmentation by end-user
Part 08: Cost analysis of surgical navigation systems
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/w3h6x9/surgical
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