Neuro Navigation Systems Market In-Depth Outlook Size, Share & Major Stakeholders
How Big is the Neuro Navigation Systems Market?
Theย Global Neuro Navigation Systems Marketย size was valued at aroundย USD 3.2 billion in 2023ย & is projected to grow at a CAGR of around 6.7% during the forecast period, i.e., 2024-30. The growth of the market is likely to be driven primarily by the booming Neuro Navigation System offers several attributes that are indeed going to revolutionize the field of neurological care with high precision and efficiency. These include real-time mapping and navigation, which cannot be described. It minimizes the intraoperative risk due to the avoidance of critical structures and improvement of the surgical approach because of this sophisticated technology. This will benefit operational activities by enhancing safety and accuracy.
Market Statistics
- Market Size in 2024: USD 3.2 billion
- Market Growth Rate (CAGR): 6.7% from 2024-2030
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Neuro Navigation Systems Market Insight:
Driver-
Increasing Cases of Neurological Diseasesย โ For the past 30 years, neurological conditions such as stroke, brain tumors, dementia, and meningitis have increasingly been recorded all over the world. This increase is either directly or indirectly associated with population growth, aging, and further exposure to environmental, metabolic, and lifestyle risks. Neuro-navigational technology is a sophisticated method that makes it possible to identify the localization of critical brain structures, including cranial nerves and carotid arteries, implanted many times extremely deeply within the tumor. The surgeons get an instant view of the tracked device, thus acquiring anatomical awareness and confidence during the procedures performed. In this connection, the ability to make highly accurate excisions of the tumors so that the surgeons can draw the borders of the tumor and perform operations without damaging the healthy surrounding tissue.
Therefore, the increasing cases of neurological diseases are driving the demand for neuro navigation systems as these systems are very helpful in the precise & accurate treatment of such diseases, ultimately the increasing requirements for such devices are driving the market growth & expansion.
ย Neuro Navigation Systems Market Segmentation:
The report has segmented the market into the following categories:
By Technology
- Optical system- Market Size & Forecast 2019-2030, USD Million
- Electromagnetic system- Market Size & Forecast 2019-2030, USD Million
- Hybrid Navigation Systems- Market Size & Forecast 2019-2030, USD Million
By Application
- Neurosurgery- Market Size & Forecast 2019-2030, USD Million
- ENT Surgery- Market Size & Forecast 2019-2030, USD Million
- Maxillofacial Surgery- Market Size & Forecast 2019-2030, USD Million
- Orthopedic Navigation Systems- Market Size & Forecast 2019-2030, USD Million
- Spinal Surgery- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
By End User
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Neurology Clinics- Market Size & Forecast 2019-2030, USD Million
- Ambulatory Surgical Centers- Market Size & Forecast 2019-2030, USD Million
- Research Center- Market Size & Forecast 2019-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Browse Full Report Along with TOC and Figuresย – https://www.marknteladvisors.com/research-library/neuro-navigation-systems-market.html
Competitive Landscape:
- Medtronic PLC
- Brainlab AG
- Stryker Corporation
- Braun Melsungen AG
- Fiagon GmbH
- Scopis GmbH
- Soterix Medical Inc.
- Synaptive Medical Inc.
- ClaroNav
- 7D Surgical
- Zimmer Biomet
- Northern Digital Inc.
- Karl Storz SE
- Siemens Healthineers
- Nexstim
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2024-2030)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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