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Neuronavigation Systems Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024


 

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Global Neuronavigation Systems Market

 

By Type (Optical System and Electromagnetic System), By Application (Neurosurgery, Spinal Surgery, Maxillofacial Surgery, and ENT Surgery), By End User (Hospitals, Neurology Centers, and Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global neuronavigation systems market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024

 

Market Outline: Neuronavigation Systems Market

Neuronavigation systems are innovative techniques that are developed for image-guided neurosurgery to aid in the accurate resection of brain tumors. Neuronavigation provides intraoperative orientation to the surgeons and helps in planning a precise surgical approach to the targeted lesion. The sensitive areas of the brain during surgery can be avoided by incorporating the functional data provided by functional MRI and magnetoencephalography (MEG) with neuronavigation. The basic principles of navigated surgery is to see the tip of a pointer in an image space. There must be a relationship between the device space and the image space that has to be established. Thus these systems help surgeons in constructing an accurate approach towards the targeted lesion by providing a proper outline of the surrounding neurovascular structures.

 

Market Dynamics: Neuronavigation Systems Market

The increasing prevalence of the neurological disorders associated with brain and spine, and other neurovascular disorders are driving the neuronavigation systems market. The availability of the neuronavigation systems helps in minimizing the size of the skull opening required for safe removal of brain tumors during the surgery which is helping the patient in fast recovery and increasing the adoption of this procedure. The improved results of the surgery is helping in raising the demand for these systems. However, the high cost associated with the surgeries and side effects associated with the brain surgical procedures may hamper growth of neuronavigation system market.

 

Market Scope: Neuronavigation Systems Market

Neuronavigation systems market is segmented based on the type, application, and end user

Based on the test type, the market is segmented into the following:

  • Optical System
  • Electromagnetic System

Based on the application, the market is segmented into the following:

  • Neurosurgery
  • Spinal Surgery
  • Maxillofacial Surgery
  • ENT Surgery

Based on the end user, the market is segmented into the following:

  • Hospitals
  • Neurology Centers
  • Others

 

Regional Analysis:  Neuronavigation Systems Market

Geographically, global neuronavigation systems market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America dominates the global neuronavigation systems market due to increase in neurological disorders. The major factors responsible for the dominance of North America are its higher adoption of technologically advanced products, its deep-rooted health care infrastructure. Followed by the North America are the regions of Europe and Asia Pacific. The growing medical tourism industry in this region and growing healthcare expenditure in these regions are driving the market growth.

 

Competition Assessment: Neuronavigation Systems Market

Some of the players in the global neuronavigation systems market include:

  • Heal Force (China)
  • Scopis (Germany)
  • Atracsys (Switzerland)
  • NDIgital (Canada)
  • Surgical Theater (USA)
  • Micromar (Brazil)
  • Shenzhen Anke High-Tech (China)
  • Synaptive Medical (Canada)
  • ClaroNav (Canada)
  • Parseh Intelligent Surgical System (Iran)
  • Stryker Acute Care (USA)
  • Brainlab (Germany)

 

Notable Market Developments: Neuronavigation Systems Market

  • In September 2016, Surgical Theater and Nordic Neuro Lab announce partnership to deliver next generation virtual reality & diffusion tensor imaging technology to neurosurgeons and patients

 

Key Features of the Report:

  • The report covers exhaustive regional information, that includes North America (The USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, Venezuela, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenari0
  • Heal Force (China)
  • Scopis (Germany)
  • Atracsys (Switzerland)
  • NDIgital (Canada)
  • Surgical Theater (USA)
  • Micromar (Brazil)
  • Shenzhen Anke High-Tech (China)
  • Synaptive Medical (Canada)
  • ClaroNav (Canada)
  • Parseh Intelligent Surgical System (Iran)
  • Stryker Acute Care (USA)
  • Brainlab (Germany)

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